{quote} {image} More on applying BigE’s TMS method price action from post #647. Another example in GU Last reversals {image}
Using BigE’s TMS method price actions (post #647)
previous highs and lows
trend
Rejections and last reversals
- #145,621
- Feb 15, 2024 4:53pm Feb 15, 2024 4:53pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
Using BigE’s TMS method price actions (post #647)
previous highs and lows
trend
Rejections and last reversals
- #145,622
- Feb 15, 2024 5:18pm Feb 15, 2024 5:18pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} AU. Using BigE’s TMS method price actions (post #647) previous highs and lows trend Rejections and last reversals {image}
@tommydog....
You are all over the place ..jumping from one timeframe to another timeframe to different timeframe looking ...
You view of the price action with #647 is still very limited and flaw with inconsistency.
look at Weekly, Daily and then H4
H4 is sideways
you wont get a +5R to +9R trade in such market type conditions,
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,623
- Feb 15, 2024 5:54pm Feb 15, 2024 5:54pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} AU. Using BigE’s TMS method price actions (post #647) previous highs and lows trend Rejections and last reversals {image}
TMS price action confirming TDI signals.
Buy from previous low rejections
Sell based on previous highs/lows and trend formation
- #145,624
- Feb 15, 2024 6:36pm Feb 15, 2024 6:36pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} NU TMS price action confirming TDI signals. Buy from previous low rejections Sell based on previous highs/lows and trend formation {image}
@tommydog....
Focus on the current market condition and what to trade.
The past is history
Look at NU Feb16 London 2:28am
study candles label 1, 2 and 3 Price Action
Do Not confuse these with Rob Smith's candle 1, 2, 3.
look at the big picture on the right
but for you still new to Big E' TMS 5-Method it is better you apply the same chart template to all timeframs
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,625
- Feb 15, 2024 7:05pm Feb 15, 2024 7:05pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} NU TMS price action confirming TDI signals. Buy from previous low rejections Sell based on previous highs/lows and trend formation {image}
previous highs and lows
rejections and last reversals
Confirming the TDI cross signals to enter.
- #145,626
- Feb 15, 2024 10:56pm Feb 15, 2024 10:56pm
{quote} Hi AngryAces, Same as the other method you are following, TMS is trading the price rejections with TDI as trade timing. Price should be rejected strong with TDI indicating momentum. USDCHF, TDI crossing down from 68 is BigE’s favourite setup. {image} EURJPY, last reversal (rejection) was weak at previous high. An attempt to break high (fake out) rejection would be a valid TMS price action to confirm sell entry upon TDI cross down. In a post a few months back I explained about the use of last reversal element (if I remember correctly it was...
I got some AUDUSD longs as a bounce trade, which played out too. So all in all a good day. But ofc have to learn a lot, but i see improvements every day.
Thx again and have a nice day and weekend
- #145,627
- Feb 15, 2024 11:23pm Feb 15, 2024 11:23pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Answering to question regarding range trading with BigE’s TMS method. previous highs and lows rejections and last reversals Confirming the TDI cross signals to enter. {image}
Follow BigE’s TMS method rules.
previous highs and lows
trend
rejections
Enter at TDI crossing up.
- #145,629
- Feb 15, 2024 11:30pm Feb 15, 2024 11:30pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} {image} More on applying BigE’s TMS method price action from post #647. Another example in GU Last reversals {image}
@tommydog....
there is no such nonsense such as week rejection mentioned by the OP of this thread.
You are hindsight paper trading looking at after-the-fact price action ...
look at this charts below, the Daily and the Weekly .... the PA is above the 10EMA.
it is so simple, one chart template in different timeframes,
this is what intermediate+ level; trade would trade using the post #261 chart template.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,630
- Feb 15, 2024 11:45pm Feb 15, 2024 11:45pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Answering to question regarding range trading with BigE’s TMS method. previous highs and lows rejections and last reversals Confirming the TDI cross signals to enter. {image}
hey @TMS Folks
this @tommydog... is so full of trickery ...
first he jumps from one timeframe to another timeframe looking for hindsight trades.
now he is jumping from one currency pair to another currency pair when the NU paper trade went wrong he jump to HKDTWN ...
who trades this pair HongKong dollar vs Taiwan dollar as retail spot forex trader? Better exchange both currencies at the airport money changers.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,631
- Feb 15, 2024 11:56pm Feb 15, 2024 11:56pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} GU buy hit TP. Follow BigE’s TMS method rules. previous highs and lows trend rejections Enter at TDI crossing up. {image} {image} {image}
@tommydog....
TMS_EVO_IX buy entry was @1.2554 ....
you are chasing after the market and way too late with your buy 1.2583, the last swing low was 1.2534 then the True REVERSAL .
Follow Big E TMS 5-Method charts,
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,632
- Feb 16, 2024 12:44am Feb 16, 2024 12:44am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} thank you. Appreciate your detailed feedback. The USDCHF played out nicely, see the mistake on EURJPY, we'll see if we get a fake out long today. I got some AUDUSD longs as a bounce trade, which played out too. So all in all a good day. But ofc have to learn a lot, but i see improvements every day. Thx again and have a nice day and weekend
No problem. Happy to help.
For the EURJPY, it is just about statistics. Just like the statistics of BigE’s TMS method. With this information it can help you plan trades better.
Here is a previous post regarding BigE’s TMS price action - Last reversals. Same case as EJ.
#142851
https://www.forexfactory.com/thread/...6#post14582446
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, #145,497
TMS entry accuracy: #144,836, #144,853, #145,555
__________________
- #145,633
- Feb 16, 2024 2:54am Feb 16, 2024 2:54am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Hi AngryAces, No problem. Happy to help. For the EURJPY, it is just about statistics. Just like the statistics of BigE’s TMS method. With this information it can help you plan trades better. Here is a previous post regarding BigE’s TMS price action - Last reversals. Same case as EJ. #142851 https://www.forexfactory.com/thread/...6#post14582446 {image} trade well ==== Trading Made Simple 3 year summary ___________________ TMS Method rules: #144535...
LOL @tommydog....
You are re-posting that very old AUS200 chart from Sep 15, 2023
Since you are only doing your statistical studies and not any real money trading you shoud at least update your study with from Sep 2023 to Feb this week
We are in Feb 16, 2024 this week
This week we have buy at S78 for 4H swing traders in sideways ranging market for the 3rd week
No one here trades AUS200 with that TDI crap since the time of the OP .
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,634
- Feb 16, 2024 3:12am Feb 16, 2024 3:12am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} TMS_EVO_IX Week06 UPDATE: - great bullish week for BTC - huge profit contributor to TMS_EVO_IX traders - swing traders target the MN SnR levels (violet lines) Weekly {image} Daily {image} ... {image}
PM enquiries to this post.
TMS_EVO_IX
Here is my update as of Feb09 close.
- 886 trades closed
- Sep 01 to Feb 09
- 100% profit in 6 months is great
Daily statistics
Hourly statistics
...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,635
- Feb 16, 2024 5:44am Feb 16, 2024 5:44am
- Joined Jul 2012 | Status: Trader | 1,006 Posts
taken shorts AUDNZD
- #145,636
- Feb 16, 2024 7:42am Feb 16, 2024 7:42am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} this absolutely makes sence to me, i will look for this, thanks again
BigE’s TMS method is good at entering trades with high probability of profit due to TDI signals indicates price momentum (“heart of the method”)
Trading away from range highs and lows is the way to go.
Combining with the Price Action of #647. When price failed to retest previous highs and creates lower lows, a good sign of sell and expect lower low to form, breaking range low.
Have a nice weekend
- #145,637
- Feb 16, 2024 8:18pm Feb 16, 2024 8:18pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} {image} BigE’s TMS method is good at entering trades with high probability of profit due to TDI signals indicates price momentum (“heart of the method”) Trading away from range highs and lows is the way to go. Combining with the Price Action of #647. When price failed to retest previous highs and creates lower lows, a good sign of sell and expect lower low to form, breaking range low. Have a nice weekend {image} {image}
Trading Made Simple 5-Method without indicators
Big E : you can trade without the TDI in these posts:
#3044Jan 20, 2011
#3103Jan 26, 2011
#3418Feb 12, 2011
#2617May 16, 2011
the OP was correct that you can trade his 5-Method without the lagging TDI but you must learn to read the candles
your chart must clean and clutter-free and much easier to zoom in and pan far left to see the previous price action and the key swing levels on higher timeframes. Your handheld mobile screen is simply too small for any feasible technical study, drawing lines, reading candlestick, etc. to make any good sense for real money trading
GU Feb 16 M15 was a good example who trade the price action and rejection of the 4Hr SnR level
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,638
- Feb 16, 2024 8:35pm Feb 16, 2024 8:35pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,639
- Feb 17, 2024 1:06am Feb 17, 2024 1:06am
- Joined Jul 2012 | Status: Trader | 1,006 Posts
[quote=emmanuel7788;14759420]{quote} eurusd m30 oui. c'est-à-dire 5 bars de swing bas + True REVERSAL comme dans l'ancien fil. usdjpy 1h NON. la barre5 ne s'est pas fermée en dessous de la barre1 de la formation à 5 barres. Dans les deux cas, vous devez tenir compte des délais plus longs pour prendre une décision commerciale. Il est important que toutes les transactions à court terme bénéficient du support des configurations commerciales de 4 heures, quotidiennes et hebdomadaires pour les configurations commerciales à forte probabilité et doivent avoir le potentiel d'être exécutées et d'obtenir ces bénéfices de +9R à +12R. ...[/citation]
actually I had looked wrong for usdjpy.
So on ethusd 1h, in the rectangle there is swing high 5 bar + true reversal high which breaks a support.
if I follow what you told me, we should not sell it because weekly and daily are bullish?
actually I had looked wrong for usdjpy.
So on ethusd 1h, in the rectangle there is swing high 5 bar + true reversal high which breaks a support.
if I follow what you told me, we should not sell it because weekly and daily are bullish?
- #145,640
- Feb 17, 2024 2:41am Feb 17, 2024 2:41am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
...{quote} eurusd m30 oui. c'est-à-dire 5 bars de swing bas + True REVERSAL comme dans l'ancien fil. usdjpy 1h NON. la barre5 ne s'est pas fermée en dessous de la barre1 de la formation à 5 barres. Dans les deux cas, vous devez tenir compte des délais plus longs pour prendre une décision commerciale. Il est important que toutes les transactions à court terme bénéficient du support des configurations commerciales de 4 heures, quotidiennes et hebdomadaires pour les configurations commerciales à forte probabilité et doivent
According to BigE’s TMS method rules
On H1 it is not a valid TMS setup.
1. Previous highs and lows indicated trend being up with continuous higher low formation prior to your indicated entry
2. Rejection from previous high was strong but it is near previous low. Poor R:R selling in support.
trade well and have a nice weekend
