Trading Made Simple

Quoting robuk

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Hi my broker is FXCM . Their H4 candles open at 5am and 9am ( UK time ) My question is , are these times ideal for TMS H4 trading or , if not , can anyone recommend a good broker with more suitable candle opening times . Any help will be much appreciated .

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Quoting eelfranz

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Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

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Quoting emmanuel7788

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{quote} Friday Oct 13, 2023 TMS Monitor H1 and H4 London 6am - this is Big E' first 4Hr trade window Pacific 10PM new York 1AM > I see several TMS sell conditions alerts > I pick only the best setup according to my trade plan for day trading {image}

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Quoting emmanuel7788

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EU Oct13 4Hr - also look good with H1 price action one hour ago {image}

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Quoting emmanuel7788

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GU Oct13 H1 London 8am - you can either trade the H4 Piercing candle or wait for an Engulfing candle - always trade with Stop Loss and %risk R and use Position Sizing {image}

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Quoting tommydoginti

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{quote} Another question regarding BigE’s TMS price actions. I have explained how each Price Action elements in #647 work in confirming the TDI signals as valid TMS setups. just my suggestion, BigE’s Trading Made Simple is using very few PA confluences, so it is effective in filtering yet don’t have contradicting signals. For instance I am using 4 elements. 1. Previous highs and lows —> determine market condition and trade plan 2. Trend —> long or short term bias, SLTP setting 3. Type of Rejections —> confirmation and get ready for trade execution...

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Quoting Traderduke

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{quote} Thank you!

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Quoting emmanuel7788

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{quote} Very good you got the TMS Monitor working very quickly. Many here struggled to download the correct indicators and gave up trying. This example below is what many inexperienced traders would jump in buy and sell without reading the @arbinka posts and knowing why he coded the "TMS Monitor Recommendation" based on his personal preferences and conditions. For example, he did not include the Stoch(8,3,3) which is a key indicator used by the OP. {image}

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Quoting emmanuel7788

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{quote} Lets focus on just one of the recommendation GBPSGD The H1 Recommendation "Strong Sell" for example But the trader picking the H1 "Strong Sell" must have done his own top down analysis and have prepare a trade plan for Oct 13. {image} ...

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Quoting emmanuel7788

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USDJPY Oct 13 New York 5pm Close - it is one way .... UP no matter what BOJ tried and try to do Monthly {image} Daily {image} ...

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Quoting emmanuel7788

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{quote} Of course we can trade both ways and still make that " $500 to $1000 per evening" like the OP did #7555 {image} ...

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Quoting Forex37

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{quote} Nice trading screen setup. Did I miss this tpl being published? Can you kindly provide more? Thanks

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Quoting emmanuel7788

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{quote} hi @robuk Many traders during Big E time in 2010 had this same concern with H4 candles UK time 5am and 9am? I trade with brokers with different server times and the H4 candles did not affect the way I trade. Post 3 charts - Daily, H4 and H1 I'll explain the way I get around trading the 4Hr and the Daily in post #281 > make the transition to trade the 4hr {quote} Daily {image} H4 {image} H1 {image} ...

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Quoting Forex37

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{quote} Nice trading screen setup. Did I miss this tpl being published? Can you kindly provide more? Thanks

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Quoting romulorios

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The system is only activated when the green line crosses red on the TDI, but as you can see, when the crossing occurs, we are already on the second candle. We will enter the third, I am sure, which is the moment when the crossing is completed. {image}

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Quoting tommydoginti

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{quote} Example of TMS setups using the TDI with price reaction 1. Previous highs and lows —> determine market condition and trade plan 2. Trend —> long or short term bias, SLTP setting 3. Type of Rejections —> confirmation and get ready for trade execution 4. TDI signals —> Trade timing {image}

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