Trading Made Simple

Quoting emmanuel7788

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{quote} hi Kyle Yes the OP' 5-Method still works. You can make your trading simple by following his Post#1 and trade the 4Hr at Pacific 10PM, and 2AM and close all trades at Pacific 6AM. I am trading his 5-Method without the helping indicator and have been more profitable since 2018. If you want to learn to trade and trade his 5-Method, you need to follow his trading journey here in Forex Factory. Pay attention to all his posts in this thread starting at Post #1 to his last post page 646 #12,912....

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Quoting emmanuel7788

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UJ Jun11 H4 TMS 5-Method traders - look bullish but you wont get 50 and 100 pips so easy, - but you can still get a +5R trade if your trade the Daily with small stop loss -1R and use Positions Sizing - London Open happens during this current 4Hr candle period ...

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Quoting emmanuel7788

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{quote} EU Jun11 H4 London session - BEEOB setup candle - you do not need TDI for this Price Action candle setup

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Quoting emmanuel7788

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{quote} EU Jun11 H4 original TMS 4Hr sell Pacific 10PM UPDATE: - exit 1.0720ish is good ... ADR Low {image} ... {image}

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Quoting emmanuel7788

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{quote} hey @NolanFelix Money is also not a problem as I trade market funded accounts. Trade SL and TP must be volatility based and system Expectancy is based Risk Reward which must be positive. If you follow Big E' 5-Method and trade only once a day with Risk : Reward 1 to 5, you will make good money when you follow his post #2617 and follow simple rules for entries and exits. I have seen your post in other thread and you seem to favour trading spot Gold. Below is a quick test of the last 12-months XAU Daily and with R:R 1to5, you cna grow $10,000...

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Quoting tommydoginti

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{quote} Hi NolanFelix, I have previously posted about setting up the TDI green and red lines on charts with mobile phone. Here I repose. I have TradingView and MT4 installed on my phone. TradingView is more versatile and can put up custom indicators and set up alerts to trade on the fly. MT4 is my broker, IG, trading platform for trade execution. I also put up the TDI on the chart. ==== First. Inspect the code of TDI green and red line. #25 has the .mt4 and source code can be viewed . {image} The RSI is 13, close. Green line is SMA(2) of the RSI...

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Quoting NolanFelix

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{quote} Please review the screenshot to see if I have followed your instructions correctly. If you find any mistakes, kindly inform me.{image} Where i have to enter trade, after MA cross or RSI cross in this setup

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Quoting NolanFelix

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{quote} I understand your trading system; thank you for sharing. However, I have some questions. How can I apply your TMS TDI indicator on a TradingView chart? How do you determine your TP and SL? Is it just the previous low, or are there other rules? Also, do you receive notifications when the red and green lines cross?

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Quoting tommydoginti

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{quote} I set alerts when trading TMS method. So as I mentioned, 2 touch points and 10-15second to complete chart analysis. I placed Buy trades yesterday as the TMS buy setups formed. First is price alert, then followed by TDI cross up signal. {image} {image} Enter trade at TDI cross up {image} Targeted 1.275, but missed TP by 0.4pips and hit BE+{image} {image}

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Quoting emmanuel7788

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{quote} EU Jun11 H4 original TMS 4Hr sell Pacific 10PM UPDATE: - exit 1.0720ish is good ... ADR Low {image} ...

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Quoting emmanuel7788

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{quote} EU Jun11 H4 ADR High-Low - {image}

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Quoting NolanFelix

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{quote} Please review the screenshot to see if I have followed your instructions correctly. If you find any mistakes, kindly inform me.{image} Where i have to enter trade, after MA cross or RSI cross in this setup

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Quoting eelfranz

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For those not having a MT4 Platform : In place of the TDI -> use the CCI set to 6 and for the level enter a 0.0 line. When the line crosses the 0.0 line you normally have a set up. This info was PM'ed to me ...

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Quoting emmanuel7788

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{quote} Right on target ! 1072ish Its so predictable when market is narrow range ... hitting RN 107200 and pulled back ... {image} ... {image}

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Quoting eelfranz

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Hey Gang, You know I prefer to trade the the 1 & 4hr timeframes.... Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....

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Quoting tommydoginti

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{quote} {image} Then re-entry at another TMS buy setup. Follow BigE’s TMS rules. Previous highs and lows trend rejections and last reversals TDI cross signals. {image} {image}

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Quoting emmanuel7788

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{quote} Here is a typical example of trader trying to trade TMS in lower timeframe charts and fails to make money like the OP mentioned in post #7555. You will find 3 to 6 setups on 4Hr in the 8 pairs . You will find more 4Hr setups on 28 pairs and make $500 to $1000 per evening. Sitting in front of his mobile screen trading signals RSI green line cross red line without proper price action analysis following the OP post #647...

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Quoting eelfranz

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Hey Gang, You know I prefer to trade the the 1 & 4hr timeframes.... Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....

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Quoting tommydoginti

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{quote} {image} Then re-entry at another TMS buy setup. Follow BigE’s TMS rules. Previous highs and lows trend rejections and last reversals TDI cross signals. {image} {image}

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Quoting tommydoginti

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{quote} {image} Another example of TMS buy setup. Follow BigE’s TMS rules and price action confirmation from post #647 When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last reversal... big, little, what {image}

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Quoting emmanuel7788

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{quote} Hi TMS 5-Method Traders, here is another good example why most new traders to this thread have failed and is back to paper trading on old charts and posting hindsight winning trades. Very common mistake made is not having the basic forex trading skills mentioned in post #647 and do the MTF analysis to determine the 4HR. When trading the H1, make sure the H4 is Trending and the HA candles must be above its 5EMA for buy and for sell it is the opposite HA candle below its 5EMA. H4 candles must show trending conditions - consecutive higher high...

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Quoting emmanuel7788

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{quote} How to pick the best H1 setups .... only when the H4 shows a reversal and we trade the H1 continuation of the 4Hr trade window, new traders here do not have the patience to wait anf look for the best trades following the 4Hr > Daily > Weekly {image} ...

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