AU Jan26 M15 - post #647 big candle, small candle, .... - waiting for Tokyo to open soon .... {image}
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{quote} AU Jan26 M15 Tokyo Open ***LIVE* - momentum candle breakout of the consolidation ... Big candle, small candles aka Master Candle - momentum trading works all the time - and you do not need any TDI to confirm the Price Action - timing is simple too. you wait for the setup candle S/U candle to Close, then send market order when the next candle Open. - or you use an EA which will Buy or Sell the next candle open. > What IF sell trade fails? ... that's Plan A. > Daily is choppy, so we have a Plan B trade > Maybe today we need a Plan C too. {image}...
{quote} {image} AU follow up another TDI cross down from 68 as BigE’s favourite setup. {image}
{quote} AU Jan26 M15 Tokyo 9:30am *LIVE* - price turns around - I know what the FakeTMS Guru will say with hindsight... " sell into support " {image} ... {image}
{quote} {image} Test for readers. When to enter and where to enter using TMS method. Lower high, TDI cross down {image} {image}
{quote} {image} GU same situation as AU GU sell TP hit. Test for readers. When to enter and where to enter using TMS method. Lower high, TDI cross down {image} {image}
{quote} @tommydog.... You missed the S/U candle and the entry was 1.276ish The Price Action is when the 4Hr Inside Bar breakout failed, and the 4Hr 'hammer' candle closed. This is so important when day-trading is Daily choppy market conditions to have a Plan A and a Plan B. Do you see the Stoch(8,3,3) divergence prior to that 4Hr 'hammer' ? >>> Learn to read all your candles M15 and 4Hr, {image} Plan C will be next week.... "You can fool some people some of the time, but you cannot fool all the people here all the time" {image} ....
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
{quote} @tommydog.... You missed the S/U candle and the entry was 1.276ish The Price Action is when the 4Hr Inside Bar breakout failed, and the 4Hr 'hammer' candle closed. This is so important when day-trading is Daily choppy market conditions to have a Plan A and a Plan B. Do you see the Stoch(8,3,3) divergence prior to that 4Hr 'hammer' ? >>> Learn to read all your candles M15 and 4Hr, {image} Plan C will be next week.... "You can fool some people some of the time, but you cannot fool all the people here all the time" {image} ....
{quote} PM on number of trades per day. For my personal account, it is usually 0-2 positions a day. prop firm account is 1-4 trades per week (trading at higher timeframe) One good trade will make the day. There are multiple TMS setups everyday, I just pick those and trade when I have time. My risk is <1% per trade with SL at previous high/low 2 trades yesterday and 1 trade earlier today. {image} {image}
{quote} @tommydog.... You missed the S/U candle and the entry was 1.276ish The Price Action is when the 4Hr Inside Bar breakout failed, and the 4Hr 'hammer' candle closed. This is so important when day-trading is Daily choppy market conditions to have a Plan A and a Plan B. Do you see the Stoch(8,3,3) divergence prior to that 4Hr 'hammer' ? >>> Learn to read all your candles M15 and 4Hr, {image} Plan C will be next week.... "You can fool some people some of the time, but you cannot fool all the people here all the time" {image} ....
{quote} GU Jan26 M15 Tokyo 11:15am *LIVE* - anyone trading GU at this hour? - do you want to buy into the previous Day 'spinning top' candle? {image} ...
{quote} {image} GU same situation as AU GU sell TP hit. Test for readers. When to enter and where to enter using TMS method. Lower high, TDI cross down {image} {image} ==== Trading Made Simple 3 year summary ___________________ TMS Method rules: #144535 Performance track on an account (~950 trades / TMS setups): #144517 #129706,...
{quote} TMS Monitor Jan25 1Hr London 9am - I see only one good PA setup - and the 4Hr will close in 57 minutes > Trendline SnR setup {image} {image}
{quote} Follow up on GU. BigE’s TMS price action previous highs and lows rejections and last reversals Enter trades at TDI cross signals {image}
