Trading Made Simple

Quoting tommydoginti

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{quote} Response to a previous question of my trading timeframe. I trade mostly H1 to m1. Now I am more between m5-m30. This is just to suit my other daily activities. BigE mentioned TMS works on any timeframes. His preference is to trade H4 and H1. Principle is the same on all timeframes. For instance, LHLL downtrend. Simply sell when TDI turns down and cross/bounce (price making highs; TMS traders can trade only Lower Highs to start with) {image} {image}

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Quoting lynnc

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{quote}September 14th made a low, the lowest its been for months, it then went back up from there 100 pips roughly. Yesterday it came down again only to be kicked back and unable to close below, this morning even with the help of red EU news it was still unable to stay down there, thats the sort of support I look at when on the shorter timeframes.

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Quoting kenergy1

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{quote} how do you manage your trade once you are in?

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Quoting kenergy1

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{quote} how do you manage your trade once you are in?

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Quoting lynnc

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{quote}September 14th made a low, the lowest its been for months, it then went back up from there 100 pips roughly. Yesterday it came down again only to be kicked back and unable to close below, this morning even with the help of red EU news it was still unable to stay down there, thats the sort of support I look at when on the shorter timeframes.

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Quoting tommydoginti

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{quote} It still holds. You can study old posts and found the same movement happening over and over. Note the area (as of some approach call it Area of Value, S/D, etc) is based on entry timeframe #647 last reversal, big, little, what…

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Quoting emmanuel7788

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{quote} this week is Sep 18 to 22, 2023 see post #142,829... hope he remembers those two sell trades Sep 23 ,2022. he moved the SL and one year ago, ... then he post that chart one year later. {image} {image} he could have posted more recent GU trades like this week's trades ... don't you think so?

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Quoting tommydoginti

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{quote} Hi Kenergy1. As I have daytime job and activities, also travel a lot, I tend to set a SLTP for each trade. I only have 1 intervention point for each trade. When Planning a TMS trade, I use #647 Price Action to determine price levels where a TMS buy and sell setup may form. A TMS sell opportunity is both good for entering a sell, or exiting a buy. That is how I set TP SL at previous H/L as of TMS rules For managing a trade, I would adjust either the TP or SL as the trade plays out. Depending on price movement, either trail SL or TP to BE+....

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Quoting tommydoginti

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{quote} Hello Hater. Since you are mentally impaired to check the original post, this is from my post in 23sept, 2022 I repost this to reply to a recent inquiry about trend trading with TMS method Trade well. {image}

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Quoting gespiri

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{quote} What is your opinion on G/U pair? Thanks.

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Quoting emmanuel7788

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{quote} You asked @tommydog.... I have a different option from @tommydog.... I follow the OP post and do not trade before news. US PMI data release soon. {image} ...

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Quoting gespiri

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{quote} Thanks for sharing. I'm gonna search for the TDI indi on this site to get going.

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Quoting emmanuel7788

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{quote} You asked @tommydog.... I have a different option from @tommydog.... I follow the OP post and do not trade before news. US PMI data release soon. {image} ...

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Quoting emmanuel7788

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{quote} For someone with a full time day job, plus activities and travel, etc. you do have a lot of free time to trade one minute chart. That sounds very impressive. {image} ...

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Quoting gespiri

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{quote} What is your opinion on G/U pair? Thanks.

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Quoting tommydoginti

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{quote} Hi Hater, My broker is IG in UK. 15:00 is 10pm my time in HK. Yes I could trade 1min when I finished my activities and arrived home. This week I shared a few of my trades. You can see my previous posts Have a nice weekend p.s. This week I traveled to WuHan China. Today I flew and hit the road. I am in Taiwan for a 3km swimming gala tomorrow. {image}

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Quoting tommydoginti

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{quote} Hi Gespiri, TMS do not predict price movement. I use Price Action in post #647 to plan next trades. Analysis is based on entry timeframe For GU m30, I would be looking at rejections at the previous highs and lows (area around white lines) , preferably not breaking that prev H/L (ie HHHL / LHLL formation). Within the range would be trading strong rejections (eg fake outs). If price broken the levels then I will look for trend continuation of the trend. BigE traded TMS with fixed time of the day. I am flexible to trade during the day, so I...

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Quoting tommydoginti

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{quote} Hi Gespiri, TMS do not predict price movement. I use Price Action in post #647 to plan next trades. Analysis is based on entry timeframe For GU m30, I would be looking at rejections at the previous highs and lows (area around white lines) , preferably not breaking that prev H/L (ie HHHL / LHLL formation). ....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 Have a great weekend. {image}

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Quoting emmanuel7788

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{quote} If you are not in the market before the PMI data release, you must wait for the first spike and the the next m15 candle. If the data is pro-USD, then follow the Weekly and Daily Phx62 posts. ...

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