Disliked{quote} Why not? Post#270 The 32,50 & 68 lines are original. When you get to 68 start looking for a reversal sign on the TDI... However it could still be 50-100 pips away occasionally... just pay attention to the green line for a possible exit signal... the 32 line is the opposite The possibility that price will go up from beneath the 32 line is strong. {image}Ignored
- #142,382
- Sep 6, 2023 1:32am Sep 6, 2023 1:32am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Really??? Open / Close time is fixed. High / Low time can only be demine when bar close. Now where does your >> the candle time is all you need << fit into those 4 times?
After more than 7+ years losing money trading green line cross red line, and with your 5,000 trades losses ... you still dont get it.
Obviously you know far too little here and that confirms your own post #76,129 which you believe Big E left a void.
you do not know how to trade. PERIOD!
And you want people here to follow you and your Holy Grail TDI.
Good luck @Tekkies
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #142,383
- Sep 6, 2023 1:49am Sep 6, 2023 1:49am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Aah ok yes probably, but in his answer to me he said also: Post#6.... We Enter a trade when green crosses red on the TDI at the beginning of that candle >>> Nice big black arrow. Post#647 How does the momentum look right now (12-2, 4-6) >> Above 1 Does Stoch's confirm the TDI signal {image}
That is when BigE's TMS price action in #647 is useful.
The entry timeframe was H1. On the same timeframe, the previous L where price rejected and form an uptrend was tapped by the next TDI cross up. It occurred days ago and was a short uptrend forming the next Higher High back then.
There is no 100% winning method. But when TMS traders consider the Previous Low and entered the next TDI cross, for the next 16 hours (till now) the SL at last Low has not been touched, and traders has plenty of time noting the weak rejection and exit in BE/BE+. Judging from the last reversals, this level would be better for exit, or entry after a break-and-retest.
Hope it helps. Trade well
TMS traders trading the higher timeframe, H4, would find the H4 Previous Low at a bit lower, ~1.068x.
- #142,385
- Sep 6, 2023 2:15am Sep 6, 2023 2:15am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #142,386
- Sep 6, 2023 2:16am Sep 6, 2023 2:16am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #142,387
- Sep 6, 2023 2:20am Sep 6, 2023 2:20am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Grow up Vincent.
XAU Sep06 H1 London 10am
- sell with SL and TP
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #142,389
- Sep 6, 2023 3:14am Sep 6, 2023 3:14am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #142,392
- Edited 4:58am Sep 6, 2023 4:45am | Edited 4:58am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Have a look at Post 39,500. How close is that buy order to the 32 level? ---- Lynnc, that is why Likica opened her own thread. How she use TDI is not the same way BigE used TDI. You can not apply what a other member has posted in a other thread to what BigE has posted in this thread. Read Post 486 for understanding.
@Tekkies
You are blind and your brain is not working as a trader.
Learn to read your candles and what the Price Action is telling you. If you still cannot make out what post #647 is all about after more than 7+years, you need to start all over again and go back to babypips.com.
That likica #39,500 has all the elements of what big candle and small candle ... Double Inside Bars and that smaller candle is a nr4IB,
and the True REVERSAL setup candle .
When you use oscillators like the Stoch and lagging TDI, both shows divergence with the Price Action above.
When oscillators show extreme conditions that one of the TTE for corrections and divergence are common.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #142,395
- Sep 6, 2023 5:44am Sep 6, 2023 5:44am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #142,396
- Sep 6, 2023 5:48am Sep 6, 2023 5:48am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote}One is trying to make it "simpler" than it actually is and one is trying to make it more complicatedI think there are a few more years of it to come.
its actually really more complicated than this below:
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #142,398
- Sep 6, 2023 6:14am Sep 6, 2023 6:14am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Only if you want to make it complicated.
It only looks complicated but not to those who have mastered the 5-Method.
Without confidence it is even more complicated.
Big E #160
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #142,400
- Sep 6, 2023 6:36am Sep 6, 2023 6:36am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
Guys is it possible to stay on this thread with the basic rules of TMS. This thread is flying from the left to the right and back. Why don't we try it. TMS can be still very profitable if we stick to the basic rules of Big E. I hope i am not the only one with this wish. Stay green fellows.
The way I practice TMS can be found in the following posts by BigE, No need to add any more craps like gambling EAs and indicators.
1. TDI is heart of the TMS 5-method --- #261, #2617
All trades I share here are signaled by TDI green cross /bounce red
2. I work with time frames and time of day that suits me --- #644, #1170, #4470
I usually trade during work hour because of my privilege at my job which I have a lot of free time. Sometimes at night because it is London/NY market time when volatility is high. I like Lower Time Frame because I prefer quick-in-quick-out.
3. I use simple PA analysis that everyone can learn --- #276, #647
I prefer leading ones which I can anticipate TMS TDI cross/bounce setups to catch the swing in early stage like BigE demonstrated in his charts
4. Aligning with the discussion of this thread during BigE's time, entries are the main focus --- #495
If I have other aspect of trading to share, I would go to other related threads. I hope readers in this thread can receive concise and relative information in respective thread for efficient learning
5. I apply the correct use of TDI Green & Red lines --- #11
#11 has clearly shown that BigE refreshed his chart before viewing the chart. Traders who want to learn and practice the TMS should 1) refresh the chart before analysis, or 2) use a non-repainting TDI Green Red indicator. I chose the later.
6. Absolutely no EA --- #802
Two reasons: 1) To respect the thread rule. 2) If you need to rely on EAs to help you become profitable, i) Your trading skill is so-so at this stage, and ii) you will never learn the discretionary analysis that can further improve your trading skills
7. Most importantly, I participate the forum with respect --- #486
Adding crap EAs does not help improve your trading. Set and forget SLTP you can maximise your odds and profit. Trust your analysis as a TMS trader
#1718
All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...
Everyone - Please stop adding anything... stick to the SIMPLE BASIC RULES.
That's what makes it work !
