Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #139,142
- Apr 10, 2023 2:49am Apr 10, 2023 2:49am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #139,143
- Apr 10, 2023 3:16am Apr 10, 2023 3:16am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Those posts are self-explanatory. Now go back to this post { link} and read, study and take notes. ...
On the other hand you use BigE's posts that use TDI to make money consistently starting this week.
When asked directly Vincent, you start to run around in circles because whatever you are going to post will contradict a previous post you have made.
Must be really dark deep down that rabbit hole you call home.----
"Tell us how much money US Dollars"
Already did that > "trade with 0.01 lot size"
- #139,145
- Apr 10, 2023 3:28am Apr 10, 2023 3:28am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #139,146
- Edited 4:57am Apr 10, 2023 4:17am | Edited 4:57am
Failed breakout or complex drawdown? If the bears do not show signs of strength, continue to do the long retracement structure: 
If the bulls, while testing resistance, again weaken the multiband, the probability of a failed breakout increases:
Strong bears indicate a failed breakout, failure to enter the market in time, waiting for the appearance of a weak view when the bulls test the resistance again.....
The total is controlled by the bears in the field, and the winning percentage of the bears increases
If the bulls, while testing resistance, again weaken the multiband, the probability of a failed breakout increases:
Strong bears indicate a failed breakout, failure to enter the market in time, waiting for the appearance of a weak view when the bulls test the resistance again.....
The total is controlled by the bears in the field, and the winning percentage of the bears increases
Identifying losers equals victory
- #139,147
- Apr 10, 2023 7:11am Apr 10, 2023 7:11am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Nice!!!
- #139,148
- Apr 10, 2023 7:15am Apr 10, 2023 7:15am
Trailing stop,Due to large fluctuations, tighten the stop loss..
The strength of the bears is enough to justify the extension of the bears to the next larger timeframe, and perhaps the trailing stop for some positions can be considered on a larger timeframe
The strength of the bears is enough to justify the extension of the bears to the next larger timeframe, and perhaps the trailing stop for some positions can be considered on a larger timeframe
Identifying losers equals victory
- #139,149
- Apr 10, 2023 7:23am Apr 10, 2023 7:23am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
??????
Post above surely beats the crap out of > there is no logic required to trade
Post above surely beats the crap out of > there is no logic required to trade - #139,150
- Edited 12:34pm Apr 10, 2023 7:24am | Edited 12:34pm
just showing that +ve slippage does happen and it was fairly large ,36 pips,so it was a bonus to start the week.Trade was taken on H1 {image}
Identifying losers equals victory
- #139,152
- Apr 10, 2023 7:51am Apr 10, 2023 7:51am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Green bounce red
- #139,153
- Apr 10, 2023 8:11am Apr 10, 2023 8:11am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} ?is it logic to trade in london session today
Just wait for the best setup and the New York Open
AU Apr10 Sell at NYO
- TMS-II trades
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #139,154
- Apr 10, 2023 8:19am Apr 10, 2023 8:19am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} ?is it logic to trade in london session today
..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #139,155
- Apr 10, 2023 8:55am Apr 10, 2023 8:55am
{quote} there is no logic today. Follow Post#647 price action is simple trading common sense. Just wait for the best setup and the New York Open AU Apr10 Sell at NYO - TMS-II trades {image} ...
Identifying losers equals victory
- #139,156
- Apr 10, 2023 6:13pm Apr 10, 2023 6:13pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #139,157
- Apr 10, 2023 6:23pm Apr 10, 2023 6:23pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Hello, I'm new to this thread. Is the trade I've taken below the right idea of this system? Where do you guys tend to place your SL? Any help would be great. Thanks {image}
Your SL looks good at the top of the high,
BUT, what is the market type conditions?
>>> Market Type: Sideways narrow range for many candles .... more to the upside !
The 5 Fundamental Truths of Trading by Mark Douglas
1. Anything can happen.
2. You don’t need to know what is going to happen next to make money.
3. There is a random distribution between wins and losses for any given set of
variables that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.
5. Every moment in the market is unique.
...................
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #139,158
- Apr 10, 2023 6:41pm Apr 10, 2023 6:41pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Green bounce red {image}
The TDI' RSi green price line crosses UP and crosses Down.
When we trade TMS 4hr and 1hr like the OP Big E, we use that TDI in post#25 and take a trade when the next new candle opens.
The best trade setups are Price Action setups and when the Stoch is between 80 and 20 levels. Look at the MOMENTUM of the setup candles for entries.
At that hour when New York session opens, he would be trading the 1hr
EURUSD Apr10 4hr chart below:
>>> Market Type : Sideways Ranging 'choppy' conditions with big candle and small candles ... aka Master Candles *CONSOLIDATION*
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #139,159
- Apr 10, 2023 6:52pm Apr 10, 2023 6:52pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Follow post#647 Top Down Analysis is COMMON SENSE {image} ..
- follow post#647 top down analysis,
- Weekly PA is above 10EMA, above 50EMA
- Daily PA is above 10EMA, above 50EMA
- H4 is narrow range 'choppy' conditions
> trade small and try catch a possible breakout then plan the next trade when the breakout happens,
> THV CaveManager EA manages the trades
- trade exits TP1 +10pips,
- exit TP2 +2pips stopped out with Capital Protection when price pulled back.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #139,160
- Apr 10, 2023 6:58pm Apr 10, 2023 6:58pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} there is no logic today. Follow Post#647 price action is simple trading common sense. Just wait for the best setup and the New York Open AU Apr10 Sell at NYO - TMS-II trades {image} ..
.
AU Apr10 TMS-II trades closed
- same trading common sense top down analysis Weekly>Daily > H4
> THV CaveManager EA trade manager
- TP1 +10ips,
- TP2 +25pips
- TP3 exit by CSTSL +24pips
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett