{quote} There are simple rules for Master Candles .... - learn to read the candles one-at-a-time from left to right, - follow each candle close, ... USDCAD Sep04 H1, - Master Candle[3] {image} ... {image}
{quote} I share how I am trading TMS in general. I coded a tool to save my time charting, but it is TDI green red line plus rules of Price Action as of #647. Many mistaken TDI as heart of TMS as trading every TDI signals blindly. Wasting your money and TIME checking chart every time TDI crosses. {image} BigE has mentioned all the following about how to Trade TMS method But first add the most basic Pricr Action as of #647 Previous High Low Trend only TDI buy signals needs attention. Ignore any sell signals {image} Now rejections at previous high/low...
It is my opinion that the best way to learn this system is to first just trade only with HA and TDI and ignore all filters, swings S/R and all TA, and whatever else is normally used. 4H and above. On a small separate account with 0.01 or even less on oanda. Also easily done on MT5 with a free trader pad and the tester. Then add filters, one at a time, only after those entries and exits are easy. {image}
{quote} Hi Shaggalo, As you mentioned, “Then add filters, one at a time, only after those entries and exits are easy.” That is good way. I just would say Trading is never easy. TMS is to simplify trade decision making. BigE has mentioned all the following about how to Trade TMS method First highlight all TDI cross signals {image} Then with Price Action of previous Highs and Lows, trends, only trade the TDI signals that go with trend {image} Taking Rejection into consideration in #647 {image} BigE also mentioned not to trade around S/R with poor...
{quote} Hi Shaggalo, As you mentioned, “Then add filters, one at a time, only after those entries and exits are easy.” That is good way. I just would say Trading is never easy. TMS is to simplify trade decision making. BigE has mentioned all the following about how to Trade TMS method First highlight all TDI cross signals {image} Then with Price Action of previous Highs and Lows, trends, only trade the TDI signals that go with trend {image} Taking Rejection into consideration in #647 {image} BigE also mentioned not to trade around S/R with poor...
{quote} Why is it important posts for those with 3 to 5 years trading experience? What about the rest of the trader's? - Like those with 0 to 3 years trading experience? - Like those with 6 to xxx years trading experience? ----- Get it. Only certain post's are applicable to traders with a certain amount of trading experience per year. ----- Now why did BigE not put those classification restriction in his post?
DE30 Mar 15 A new price pattern which we never talked about before. We have seen many examples on Inside Bars, Double Inside Bars, Pop Gun, etc. which we learn from the Best of Traders Classroom by Jeffrey Kennedy [Download pdf] to follow the next pattern. Page 22 onwards. now we have the next one. {image} BTW, when this week' Weekly bar/candle closes, we will know what the Market Type would be for next week's trading. I am looking forward to new Market...
{quote} Another chart of the thought process of TMS traders. “TDI is the heart of TMS method” {image} Adding the Price Actions of post #647 to identify the TMS setups among the TDI signals. {image}
USDCAD Sep04 4hr London 5:50am - I see big candle and 3 small candles but we need to wait 10 mins ... - why wait ? it is a Master Candle in the making {image}
{quote} Another chart of the thought process of TMS traders. “TDI is the heart of TMS method” {image} Adding the Price Actions of post #647 to identify the TMS setups among the TDI signals. {image}
{quote} I got asked further about the Price Actions in #647 Another example to trade with BigE's TMS method. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last reversal... big, little, what {image}
{quote} I got asked further about the Price Actions in #647 Another example to trade with BigE's TMS method. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last reversal... big, little, what {image}
{quote} Another chart of the thought process of TMS traders. “TDI is the heart of TMS method” {image} Adding the Price Actions of post #647 to identify the TMS setups among the TDI signals. {image}
{quote} @tommydog... Whoever did asked you about UJ should go back to babypips and learn the forex basics {image} UJ has been making all time high above the last high of 1998. {image} it is still the bull on stage ... {image} ...
. Trade with the trend is one element for TMS traders to trade the TDI signals in in the direction of price movement. Bothe long and short trends can be traded. 
{quote} A very good Daily chart example which most newbie traders fail to read the candles because they spend all their time looking at the TDI for signals .... Post #647 .... is basic price action stuff {image} > because there is a nr4IB, an experienced PASR trader would be looking for low risk trading ideas and get into the market before the herd does... > TTE ... ...
