Disliked{quote} It is Monday so no hurry to get into a trade until the London session GJ still trading within its Monday first 4Hr high-low range. Will wait and see if the next setup will break above or below this Week' first 4Hr candle range. GJ Jan 22 H1 at FO now {image} ...Ignored
- #145,323
- Jan 22, 2024 3:43pm Jan 22, 2024 3:43pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
{quote} TMS 4H swing trading Jan 22 NY Open - checking your charts once every 4 hours, GBP pairs {image}
...
- today GA reached its intraday ADR easily in trending market type conditions,
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,324
- Jan 22, 2024 3:54pm Jan 22, 2024 3:54pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
USDCAD Week04 4Hr swing trading - your +3R to +5R trade this week, - get your money ready, > your risk $500, your profit +$1500 to +$2500 {image}
UCad 4Hr{image} ..
.
- when the market gave you +2R $1,000 , you lock +1R $500, ...
- its easy to manage your 4Hr trades, you check your charts once every 4 hours or anytime at your convenience that suit your lifestyle
- you can use THV CaveManager EA to manage your 4Hr trades
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,325
- Jan 22, 2024 4:03pm Jan 22, 2024 4:03pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
{quote} It is Monday so no hurry to get into a trade until the London session GJ still trading within its Monday first 4Hr high-low range. Will wait and see if the next setup will break above or below this Week' first 4Hr candle range. GJ Jan 22 H1 at FO now {image}
...
- this pair has not departed the 'station' yet after 24 hours ...
> when it decides to leave any hour I'll be ready with my money 1R risk,
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,326
- Jan 22, 2024 4:27pm Jan 22, 2024 4:27pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
{quote} Trading Made Simple 5-Method Sunday New York Open 5pm. The new week is now open. We wait for the first 4H candle of this week , then we make our selection from the 28 pairs. Below are the 9 most popular pairs and quick review of the last week, {image}
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SYDNEY Open 9am local
- the Monday' 4Hr candles high-low are there on all your charts,
- it will still be there today, tomorrow, .... until Friday New York close.
- use Monday' 4Hr open candle and make some money
> this is the beauty of Big E TMS 5-Method and you do not need any indicators like the Stoch and TDI ...
> study old charts and you will learn how simple and easy trading can be.
> you will get a few losers that inherent in all trading systems but limit your loser to -1R maximum,
> let your winners run to +2R, +3R, +4R, +5R .... some weeks you will get those +9R to +12R winners,
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,327
- Jan 22, 2024 7:01pm Jan 22, 2024 7:01pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} yes, i got a loss. no good, i should only trade with strong trend
You were trading against strong uptrend so losing is not surprising.
remember to follow BigE’s TMS rules and trade away from previous highs and lows and in direction of trend. Wait for the up trend to show signs of exhaustion before considering a sell
trade well.
====
Trading Made Simple 3 year summary
___________________
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706, #144,852
Risk management: #145,224
TMS entry accuracy: #144,836, #144,853
__________________
- #145,328
- Jan 22, 2024 7:13pm Jan 22, 2024 7:13pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Yen is getting weak. Shopping in Japan is a bargain{image}
Follow up on PM questions regarding TDI retrace from 32/68 level
When trading TMS method with TDI signals retracing from 32/68 levels, it is BigE’s favourite setups
Combined with Price Action confirmation, it is not only good for entry but also exit and extended trends.
====
Trading Made Simple 3 year summary
___________________
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706, #144,852
Risk management: #145,224
TMS entry accuracy: #144,836, #144,853
__________________
{quote} {image} You were trading against strong uptrend so losing is not surprising. remember to follow BigE’s TMS rules and trade away from previous highs and lows and in direction of trend. Wait for the up trend to show signs of exhaustion before considering a sell trade well. {image} ==== Trading Made Simple 3 year summary ___________________ TMS Method rules: #144535 Performance track on an account (~950 trades / TMS setups): #144517...
which it is no good with this method
- #145,330
- Jan 22, 2024 7:48pm Jan 22, 2024 7:48pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} NO i traded in sideway trend
Good luck to you
- #145,331
- Jan 22, 2024 7:50pm Jan 22, 2024 7:50pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,332
- Jan 22, 2024 7:52pm Jan 22, 2024 7:52pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
...
we see this sort street performers all the time along city pedestrian malls,
we see this sort street performers all the time along city pedestrian malls,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,333
- Jan 22, 2024 8:23pm Jan 22, 2024 8:23pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
{quote} If you cannot trade the TMS method that is fine. Hope you will find a method that can work with your trading style Good luck to you
@tommydog....
and what makes you think and assumed he cannot trade the TMS 5-Method
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,334
- Jan 22, 2024 8:28pm Jan 22, 2024 8:28pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} NO i traded in sideway trend
It doesn’t mean the price will reverse.
You can use the TMS price action to analyse the market and get in trade directions more likely to be in profit.
good luck
- #145,335
- Jan 22, 2024 8:32pm Jan 22, 2024 8:32pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
Audusd is looking good for shorting {image}
BigE has mentioned that TMS method is to trade away from previous highs and lows and in direction of trend
You can look for TMS sell setups later.
====
Trading Made Simple 3 year summary
___________________
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706, #144,852
Risk management: #145,224
TMS entry accuracy: #144,836, #144,853
__________________
- #145,336
- Jan 23, 2024 12:33am Jan 23, 2024 12:33am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} GU second trade, Buy TMS simple rules Previous Low Uptrend TDI cross up {image} {image} expected Higher High to form and set TP above previous high. TP hit {image} {image} ==== Trading Made Simple 3 year summary ___________________ TMS Method rules: #144535 Performance track on an account (~950 trades / TMS setups): #144517 #129706,...
GU follow up.
TMS buy setups with TDI crossing up.
====
Trading Made Simple 3 year summary
___________________
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706, #144,852
Risk management: #145,224
TMS entry accuracy: #144,836, #144,853
__________________
- #145,337
- Jan 23, 2024 12:54am Jan 23, 2024 12:54am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
{quote} TMS_EVO_IX ... 2024/2025/2026 Week 04, Jan 22 - Open baskets in these pairs {image} {image}
Reply to PM:
- many PMs on TMS_EVO_IX
- I'll try reply and answer the most frequently asked questions
Q1. What are the rules for TMS_EVO_IX
Answer: The same basic rules for TMS MEME. We trade the 4H chart with full view of the Market Type conditions.
Weekly will determine the Market Type conditions, Trending or Sideways.
We trade with with Multiple Entries in one single basket.
Maximum positions per basket if Five(5),
We use %Risk and divide the amount risk into Five(5) positions in one basket.
We manage with the Average Entry Price of the open basket.
Q2. What are the rules for entries
Answer: Add-on entries are based on TMS 5-Method swing highs / swing lows in the lower timeframe e.g. 5-Minute chart.
There is a rules for 'order distance' ... pips distance and time delay between every position in the same basket.
- time delay is 4-hours
- order distance is 0.5 ADR(100) days
GU Jan23 TMS_EVO_IX 5-minute entries.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,338
- Jan 23, 2024 3:25am Jan 23, 2024 3:25am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
TMS Monitor Jan23 London 09:25am
- waiting for the next 4Hr trade window
...
- waiting for the next 4Hr trade window
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,339
- Jan 23, 2024 5:17am Jan 23, 2024 5:17am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} GU second trade, Buy TMS simple rules Previous Low Uptrend TDI cross up {image} {image} expected Higher High to form and set TP above previous high. TP hit {image} {image} ==== Trading Made Simple 3 year summary ___________________ TMS Method rules: #144535 Performance track on an account (~950 trades / TMS setups): #144517 #129706,...
GU sell closed with TP.
- #145,340
- Jan 23, 2024 5:33am Jan 23, 2024 5:33am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
TMS Monitor Jan23 London 09:25am - waiting for the next 4Hr trade window {image}
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TMS Monitor London 11:30am UPDATE:
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett