Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,842
- Aug 17, 2023 6:38pm Aug 17, 2023 6:38pm
- Joined Nov 2008 | Status: Trader | 50,253 Posts
USDCAD Aug 18 ... Friday
- looking the big picture and TMS_V19 information situation as it is now,
>>> no 4hr trading on Fridays
>>> but like Big E, he would trade H1 and avoid all the 'noisy' timeframes M30, M15, M5 .... #11
>>>> maybe you can scalp the 4hr if you know how to and have the scalping skills
...
- looking the big picture and TMS_V19 information situation as it is now,
>>> no 4hr trading on Fridays
>>> but like Big E, he would trade H1 and avoid all the 'noisy' timeframes M30, M15, M5 .... #11
>>>> maybe you can scalp the 4hr if you know how to and have the scalping skills
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,843
- Aug 17, 2023 6:39pm Aug 17, 2023 6:39pm
- Joined Nov 2008 | Status: Trader | 50,253 Posts
TMS Monitor Aug 18
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,844
- Aug 17, 2023 6:44pm Aug 17, 2023 6:44pm
- Joined Nov 2008 | Status: Trader | 50,253 Posts
TMS Monitor Aug 18 {image}
EU Aug 18 H4
- easy decision if you know
- fewer losers, more winners
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,845
- Aug 17, 2023 6:47pm Aug 17, 2023 6:47pm
- Joined Nov 2008 | Status: Trader | 50,253 Posts
TMS Monitor Aug 18 {image}
This ONE is easy decision for those who know Weekly PA +SR....
and the Daily market type conditions ...
your Friday trading day bonus already in your bag.
..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,846
- Aug 17, 2023 9:16pm Aug 17, 2023 9:16pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} you would sell this M pattern? {image}
you mentioned a very important point for BigE’s TMS - understand your trading timeframe
TMS traders refer to Price Action of #647 to analyse the chart before entering TDI trade signals.
previous highs and lows
trend
rejections
at your time of inquiry, UC was in uptrend and no lower low was formed on m30
to sell a downswing, go for timeframe with LHLL formation confirming downswing
- #141,847
- Aug 17, 2023 9:21pm Aug 17, 2023 9:21pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Hi Kenergy1, you mentioned a very important point for BigE’s TMS - understand your trading timeframe TMS traders refer to Price Action of #647 to analyse the chart before entering TDI trade signals. previous highs and lows trend rejections at your time of inquiry, UC was in uptrend and no lower low was formed on m30 to sell a downswing, go for timeframe with LHLL formation confirming downswing {image} {image}
this include timeframe change. So once trade is open TMS traders would stick with the entry timeframe.
I have posted how TMS traders should expect to trade a swing amid a trend.
trade well
- #141,849
- Aug 17, 2023 9:37pm Aug 17, 2023 9:37pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
232 and counting - {image}
- #141,850
- Edited 10:48pm Aug 17, 2023 10:27pm | Edited 10:48pm
10pm pacific time, so I'll check the charts.
As for the daily/weekly filters, eelfranz's very first chart posted was a buy signal during a steep weekly and daily down trend. 26 Apr 2011.
https://www.forexfactory.com/attachm...6?d=1303770507
So this may be a variation. Or I'missing something. More research needed.
And I'm keener on traing daily charts than 4hr, specially stock indices. So I'll scan for them too.
Exits and stops seem a little more subjective and another kettle of fish.
no wait for candle close on audnzd doh!
edit just seen trading friday lol though not much reference to this.
As for the daily/weekly filters, eelfranz's very first chart posted was a buy signal during a steep weekly and daily down trend. 26 Apr 2011.
https://www.forexfactory.com/attachm...6?d=1303770507
So this may be a variation. Or I'missing something. More research needed.
And I'm keener on traing daily charts than 4hr, specially stock indices. So I'll scan for them too.
Exits and stops seem a little more subjective and another kettle of fish.
no wait for candle close on audnzd doh!
edit just seen trading friday lol though not much reference to this.
- #141,851
- Aug 17, 2023 10:35pm Aug 17, 2023 10:35pm
- Joined Nov 2008 | Status: Trader | 50,253 Posts
Friday Aug 18
- no trading the 4hr on Friday just like the OP Big E
- now I can trade H1 with my TOK_5H
- simple trading with just a few rules rules according to Post #647
- simple entry and exit rule with risk 'R' amd R-Multple Exit Management
TMS Monitor Tokyo 2:00PM candle
- no trading the 4hr on Friday just like the OP Big E
- now I can trade H1 with my TOK_5H
- simple trading with just a few rules rules according to Post #647
- simple entry and exit rule with risk 'R' amd R-Multple Exit Management
TMS Monitor Tokyo 2:00PM candle
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,852
- Aug 17, 2023 11:19pm Aug 17, 2023 11:19pm
- Joined Nov 2008 | Status: Trader | 50,253 Posts
{quote} Dear emmanuel, sorry, not so easy to me. Where was your easy entry decision? Do you have a target or let you decide market for exit? Kind regards Haendlerin
Strat' PASR Boss has the control while the Big Boss is trending up
- WCC High resistance tested ... @159.22
- Daily BEEOB two bars/candles REVERSAL ...PA + SR
- control risk sell at Day Open
>>> blending Strat' PASR top down multi-frames analysis with Big E' 5-Method is 'powerful' stuff
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,853
- Aug 17, 2023 11:40pm Aug 17, 2023 11:40pm
- Joined Nov 2008 | Status: Trader | 50,253 Posts
{quote} {image} Strat' PASR Boss has the control while the Big Boss is trending up - WCC High resistance tested ... @159.22 - Daily BEEOB two bars/candles REVERSAL ...PA + SR - control risk sell at Day Open {image} >>> blending Strat' PASR top down multi-frames analysis with Big E' 5-Method is 'powerful' stuff ...
EJ AUG 18 PA+SR sell trade
... +2R trade
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,854
- Aug 17, 2023 11:52pm Aug 17, 2023 11:52pm
- Joined Nov 2008 | Status: Trader | 50,253 Posts
{quote} One of BigE’s TMS sell. {image}
@tommydog
what caught your attention with that Big E' post #2309 above?
- did that "232 and counting" attracted your attention?
- where were you in that year 2011 August? ... 12 years ago you would be 13 years old, right ?
- did you read Post #1 and open an account with FXDD MT4 ?
- did you do your due diligence when you study Big E' posts and have taken notes what he was sharing and pair attention to ?
Now, go back to your MT4 broker account and learn from old history charts.
> what was the market type conditions in 2011 ?
- in that week August 01, 2011, ... what was the average weekly range for the past 20 weeks?
- now check what is EU' weekly range for this year Jan01 to Aug 01,2023. Learn why you would not make 232 pips in one H4 swing of 3 to 8 candles. at best you can make 100 pips when you have the trading skills to pick tops and bottoms.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,855
- Aug 18, 2023 12:55am Aug 18, 2023 12:55am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Traders using MT4 would understand what BigE means about “not refreshing the chart after trade open” which the TMS template on #25. this include timeframe change. So once trade is open TMS traders would stick with the entry timeframe. I have posted how TMS traders should expect to trade a swing amid a trend. trade well {image} {image}
#647 price action determine bias, be strict in picking the clean HHHL or LHLL patterns to trade. Rejection at price level indicates likelihood of price break or reverse
TDI gives out the timing as price picks up momentum to go in the direction of trade.
Combining both as of TMS method would give you better trade positions and win rate.
misreading the Price Action and wanting to jump in trades without proper confirmation will lead to more loss
Trade well.
- #141,856
- Aug 18, 2023 1:01am Aug 18, 2023 1:01am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{image}
I asked about where you can find a previous high to justify your plan to sell UJ.
Rejection is a Price Action element to look for in TMS trades.
post #647
- #141,857
- Aug 18, 2023 1:58am Aug 18, 2023 1:58am
- Joined Nov 2008 | Status: Trader | 50,253 Posts
{quote} TDI is important in TMS trades. #647 price action determine bias, be strict in picking the clean HHHL or LHLL patterns to trade. Rejection at price level indicates likelihood of price break or reverse TDI gives out the timing as price picks up momentum to go in the direction of trade. Combining both as of TMS method would give you better trade positions and win rate. misreading the Price Action and wanting to jump in trades without proper confirmation will lead to more loss Trade well. {image} {image}
my post #141,854 hit that nerve and @tommydog went into another daily mental meltdown
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,858
- Aug 18, 2023 2:03am Aug 18, 2023 2:03am
- Joined Nov 2008 | Status: Trader | 50,253 Posts
{quote} One of BigE’s TMS sell. {image}
@tommydog
since you quoted Big E #9307, you must pay attention to the chart and price action.
note the 5bars swing high True REVERSAL ...
do not be greedy and only look at the 232 pips counting.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #141,859
- Edited 2:32am Aug 18, 2023 2:07am | Edited 2:32am
- Joined Nov 2008 | Status: Trader | 50,253 Posts
{quote} One of BigE’s TMS sell.
{image}
@tommydog
what caught your attention with that Big E' post #2309 above?
- did that "232 and counting" attracted your attention?
- where were you in that year 2011 August? ... 12 years ago you would be 13 years old, right ?
- did you read Post #1 and open an account with FXDD MT4 ?
- did you do your due diligence when you study Big E' posts and have taken notes what he was sharing and paid attention to ?
Now, go back to your MT4 broker account and learn from old history charts.
> what was the market type conditions in 2011 ?
- in that week August 01, 2011, ... what was the average weekly range for the past 20 weeks?
- now check what is EU' weekly range for this year Jan01 to Aug 01,2023. Learn why you would not make 232 pips in one H4 swing of 3 to 8 candles. at best you can make 100 pips when you have the trading skills to pick tops and bottoms.
I noted a few 5bars swing high True REVERSALS and 100% winners,
a few swing highs and swing lows but zero% winners.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett