{quote} {image}
EU Dec14 H1 preferences
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,561
- Dec 14, 2023 12:49am Dec 14, 2023 12:49am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
EU Dec14 H1 preferences
- #144,562
- Dec 14, 2023 1:48am Dec 14, 2023 1:48am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Trading Made Simple 3 year summary Performance track on an account (~950 trades / TMS setups): #144517 #129706 BigE has laid out the rules of TMS trading method. However, over the years there are many traders who just want the "holy grail" and jump between indicators and methods, adding more and more indicators on the charts, or spending years disputing the TMS method and spreading hate in...
Follow BigE’s TMS price action as of post #647, prev H/L and trend indicated by that (LHLL). As price failed to break previous resistance and rejected.
Enter sell trade at TDI green cross red down.
- #144,565
- Dec 14, 2023 5:38am Dec 14, 2023 5:38am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Dec 14 London 1130am
UsdChf H1 Price Action at BRN 8700
- how do you trade this post #647 basic price action ... big candle, small candles ... CONSOLIDATION
...
UsdChf H1 Price Action at BRN 8700
- how do you trade this post #647 basic price action ... big candle, small candles ... CONSOLIDATION
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,566
- Dec 14, 2023 5:47am Dec 14, 2023 5:47am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} A quick proof-of-concept to show how to trade TMS setups at prev H/L price levels that are countrend in direction of trades. Follow BigE’s TMS price action as of post #647, prev H/L and trend indicated by that (LHLL). As price failed to break previous resistance and rejected. Enter sell trade at TDI green cross red down. {image} {image}
A simple proof-of-concept following Big E TMS post #281 ...
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
1) the price action HA candles action are trending above its 5EMA
2) the previous Daily candle is bullish
3) the Daily chart pattern is double bottom and swing low reversal
there is no sell during that 4hr trade window
> learn to pick only the best A+++ setup with multi-timeframe analysis MTFA
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,567
- Dec 14, 2023 7:05am Dec 14, 2023 7:05am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} A simple proof-of-concept following Big E TMS post #281 ... {quote} 1) the price action HA candles action are trending above its 5EMA 2) the previous Daily candle is bullish 3) the Daily chart pattern is double bottom and swing low reversal there is no sell during that 4hr trade window {image} > learn to pick only the best A+++ setup with multi-timeframe analysis MTFA ...
- more on Price Action trading
- note the previous Daily candle Close and Asian session low being tested ...
- Intraday ADR high hit 92 pips
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,568
- Dec 14, 2023 9:47am Dec 14, 2023 9:47am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Keep it simple.
Same setup, Same rules.
=== When TDI give a signal
> Refresh chart.
> Did TDI green cross red (green bounce red)?
> TDI green angle above / below 2 / 4?
> Is Stoch confirming TDI green direction?
===Use post#647 to confirm TDI signal
> Enter at the beginning of candle 1 or 2.
Use TDI to show you where to start looking for possible placement of order.
> Start to look for sell signal from TDI when the new H4 candle begins.
> Read post#121, post#270, post#338, post#354, post#508
> Look left at 28 Nov, 2 Des. Price formed a Resistance zone.
> Today Price has reached that Resistance zone and pulled back.
Same setup, Same rules.
=== When TDI give a signal
> Refresh chart.
> Did TDI green cross red (green bounce red)?
> TDI green angle above / below 2 / 4?
> Is Stoch confirming TDI green direction?
===Use post#647 to confirm TDI signal
> Enter at the beginning of candle 1 or 2.
> Start to look for sell signal from TDI when the new H4 candle begins.
> Read post#121, post#270, post#338, post#354, post#508
> Look left at 28 Nov, 2 Des. Price formed a Resistance zone.
> Today Price has reached that Resistance zone and pulled back.
- #144,569
- Dec 14, 2023 10:12am Dec 14, 2023 10:12am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
Keep it simple. Same setup, Same rules. === When TDI give a signal > Refresh chart. > Did TDI green cross red (green bounce red)? > TDI green angle above / below 2 / 4? > Is Stoch confirming TDI green direction? ===Use post#647 to confirm TDI signal > Enter at the beginning of candle 1 or 2. {image}Use TDI to show you where to start looking for possible placement of order. > Start to look for sell signal from TDI when the new H4 candle begins. > Read post#121, post#270, post#338, post#354, post#508 > Look left at 28 Nov, 2 Des. Price formed a Resistance...
TMS works on any timeframe, but trade analysis and execution should be done at the entry timeframe of choice. BigE did not change chart/pair/timeframe during trading.
For example in my last trade at m15, GU m15 showed rejection from previous high with TDI cross down with first lower low.
Traders at higher timeframe would see a HHHL formation, a steady uptrend and should buy at TDI cross up. m15 sell was selling at the pull back.
Use price action in post #647 to determine trade direction and TDI provide actionable signals.
Once TDI signals fires, there is no need to do anymore analysis, just enter.
trade well.
- #144,571
- Dec 14, 2023 12:24pm Dec 14, 2023 12:24pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Hello everyone, is there all the current news and updates on page 1? Honestly, I won't be able to read through 7,000 pages
hi @brabus8001
You don't need to read 7,000 pages now.
This is what you can do and spend your next 49.5 hours before the new year.
And when you are still sober after all the gluhwein ... then the next 76 hours.
I have something planned for 2024 for members here.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,572
- Dec 14, 2023 12:29pm Dec 14, 2023 12:29pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Dec14 London 5am - H1 is quiet as I can see on this TMS Monitor - nothing fit my trade plan for this current 4Hr trade window > see you at the Frankie and we can discuss post #647 Price Action {image} > when I see such quiet H1 conditions .. I'll still follow the OP post #2846 below : {quote}
...
13 hours ago I posted the above.
How many of you bothered to look at that and knew which currency pair to pick and trade during the London session.
Those in the Telegram groups who did were all rewarded with lots of pips.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,573
- Dec 14, 2023 12:38pm Dec 14, 2023 12:38pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} . If its not quite ready put it on a watch list and go back and check it every 5,15 or 30 minutes... ... Dec 14 H1 Intraday trading London 0515 - this pair in my watchlist for today - to pick a best A+++ setup we rely more on the Price Action and Support/Resistance - there is possibility of PA vs Oscillator divergence {image} {image} ...
EU Dec 14 TMS-II Intraday trades closed
> follow the OP advice , develop the skills and patience and trade the 4Hr..
> #281 is the reason why he started this thread to help traders make money
> #4572 for you gals and guys with day jobs ...
> and for me a retired person with lot more free time sitting on my LazyBoy ... and keeping my brains cells active and making lots of pips,...
EU Dec 14 TMS-II trade closed
+15pips, +30pips and +45pips
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,574
- Dec 14, 2023 12:53pm Dec 14, 2023 12:53pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Keep it simple. Same setup, Same rules. === When TDI give a signal > Refresh chart. > Did TDI green cross red (green bounce red)? > TDI green angle above / below 2 / 4? > Is Stoch confirming TDI green direction? ===Use post#647 to confirm TDI signal > Enter at the beginning of candle 1 or 2. {image}Use TDI to show you where to start looking for possible placement of order. > Start to look for sell signal from TDI when the new H4 candle begins. > Read post#121, post#270, post#338, post#354, post#508 > Look left at 28 Nov, 2 Des. Price formed a Resistance...
Keep It Simple: Learn to read your candles and what the market participants are telling you.
For higher success .... follow the OP' post #2617 and spend the next two(2) years doing what he did and you will start 2026 making lots of pips
....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,575
- Dec 14, 2023 1:02pm Dec 14, 2023 1:02pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} And just to point out another important thing about TMS. TMS works on any timeframe, but trade analysis and execution should be done at the entry timeframe of choice. BigE did not change chart/pair/timeframe during trading. For example in my last trade at m15, GU m15 showed rejection from previous high with TDI cross down with first lower low. {image} Traders at higher timeframe would see a HHHL formation, a steady uptrend and should buy at TDI cross up. m15 sell was selling at the pull back. {image} Use price action in post #647 to determine...
@tommydog....
Your father is a retired IT professional 65-years old and he trades the Hong Kong HSI for his retirement expenses, am I right?
I am sure he knows this adage: In a bull rally we buy the dips
When traders learn to trade TMS MEME, we do the same .. in a rally, we add more buy positions in the dips.
TMS MEME Swing Traders we do the Plan, Build and Run when the market conditions are in our favour .
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,576
- Dec 14, 2023 1:11pm Dec 14, 2023 1:11pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,578
- Dec 14, 2023 2:08pm Dec 14, 2023 2:08pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #144,579
- Dec 14, 2023 2:16pm Dec 14, 2023 2:16pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,580
- Dec 14, 2023 2:18pm Dec 14, 2023 2:18pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} "Could you add entry and exit rules" > Did you read post#6? "sample transaction screens in one post" > Did you study post#2 Did you made an effort to follow Post 144,535 or Post 144,544 or Post 144,546((example Post 98,023))
@Tekkies
You are not happy ....
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett