t.me/mrt141184
- #146,642
- Jun 14, 2024 9:38am Jun 14, 2024 9:38am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
m1 {image}
Trade analysis and setups are just the same as in higher timeframe. The concern is trading cost as spread is taking up more of the position.
TMS method with TDI signal may help you avoid the buy trade when price was in downswing.
Trade well and have a good weekend.
- #146,647
- Jun 15, 2024 6:54am Jun 15, 2024 6:54am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
{quote} Hello emmanuel7788 What indicator show ADR table Day, Weekly, Monthy Thanks?
hi @nguyentrict
You will find the indicator in the thread attachments
Read the posts by @eelfranz where he mentioned the ADR Calculator.
12 posts to read,
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #146,648
- Jun 15, 2024 7:12am Jun 15, 2024 7:12am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
Checkz, I've seen the green TDI line hit the 68 or 32 and still go another 100 pips... wierd...
old post to study and take notes,
for example this old post/chart by a member back in 2011.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #146,649
- Jun 15, 2024 7:16am Jun 15, 2024 7:16am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
///{quote} It's a beautiful set up coming off the 68... one of my favourite... {image}
You did not read the thread and taken notes.
That reply was to another post by other members discussing a particular trade.
The question asked ... whether he should be chasing after that big candle in that chart.
If you had study those posts and that chart posted,
then you would have taken notes as I have below,
>>> that TDI had repainted when that chart was refreshed ... as the price move down ...
>>> at the rime and price level of the sell entry, the TDI did not have a sell signal ,,, green did not cross red ... and the OP missed that fact ...
>>. the previous blue HA candles indicates the RSI green price line was flat at that price level and not the 5EMA also flat.
***Trading Mastery is the special skills and ability in reading old charts and know the actual live market situations***
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #146,650
- Jun 15, 2024 7:31am Jun 15, 2024 7:31am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
{quote} Hello Brother, Look this is what emmanuel posted on Post #146,595 {image} I was backtesting emmanuel's trade here is result {image} {image} {image} {image} {image} this hits sl but thats totally ok it happens {image} I was trading at 5 min 15 min few days back and look at all 5 winning trades it is very very huge move he captured because it is 4h candles, and this is what observed 2 more times and everytime results were almost ideal. I had doubt that is why i tested myself and i can say emmanuel is making cash.
hi @NolanFelix
Good trading.
Big E was right in his posts #281and #7555.
- we make the transition to trade the 4Hr and Daily
- there are 3-6 setups every evening but we do not need to trade all of them. we pick the best setup which meets all the the 10 elements of the 5-Method.
I have 28 pairs in my watchlist, I only pick one pair from each of the 7 groups. For the USD pairs, I trade just two pairs from the 6 pairs.
Trading Currency Pairs – Seven(7) Groups w.e.f May 2022
Group#1
AUDUSD
EURUSD
GBPUSD
USDCAD
USDCHF
NZDUSD
Group#2
EURAUD
EURNZD
EURCAD
EURCHF
EURGBP***
Group#3
GBPAUD
GBPNZD
GBPCAD
GBPCHF
Group#4
USDJPY
AUDJPY
EURJPY
GBPJPY
NZDJPY
CADJPY
CHFJPY
SGDJPY
Group#5
AUDCAD
AUDNZD
NZDCAD
Group#6
AUDSGD
EURSGD
GBPSGD
USDSGD
NZDSGD
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #146,651
- Jun 15, 2024 8:18am Jun 15, 2024 8:18am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
{quote} Hello Brother, Look this is what emmanuel posted on Post #146,595 {image} I was backtesting emmanuel's trade here is result {image} {image} {image} {image} {image} this hits sl but thats totally ok it happens {image} I was trading at 5 min 15 min few days back and look at all 5 winning trades it is very very huge move he captured because it is 4h candles, and this is what observed 2 more times and everytime results were almost ideal. I had doubt that is why i tested myself and i can say emmanuel is making cash.
{quote} Hi NolanFelix, Good to see you practicing trading. I dont see any entries or open positions on that chart. There is no indication of Emmanuel trading unless he is able to show trade positions or statements like you do {image} However I see those TDI cross signals which are TMS setups. Your trade entries following the direction of TDI signals are good. Here are the Price Action in #647 confirming the TDI signals. Stoploss at previous H/L
hi @NolanFelix
You see when @tommydog... is looking for TDI cross signals he missed the Price Action the OP mentioned in his posts #281and #7555.
I don't have to trade all the 4Hr candles. Just pick the best setup which meets my trade plan and trade my plan.
EU Jun13 TMS-II trades closed
- use stealth mode for SL in my TMS-II expert advisor
- 105pips
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #146,654
- Jun 15, 2024 10:09pm Jun 15, 2024 10:09pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
How apply TDI with chart BTCUSD and trade weekend?
I also used to trade crypto with BigEs TMS method and the TDI.
{quote} {image} ETHUSD follow up. As price turned to make higher high higher low from range low, TMS traders buy at TDI cross up to range high. {image}
As the TMS works on any timeframe and pairs as of BigE, I found it also works on crypto. Just that Crypto also tend to have low volatility during weekends. It would be worthy to enjoy the weekend instead
trade well
- #146,657
- Jun 16, 2024 12:10am Jun 16, 2024 12:10am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #146,659
- Jun 16, 2024 12:22am Jun 16, 2024 12:22am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
How apply TDI with chart BTCUSD and trade weekend?
Good question "How to apply the TDI with chart BTCUSD and trade weekend?"
1) The same chart template used by the OP and follow TMS 5-Method basics in post #261.
2) For trading weekends and holidays , the market liquidity is very thin compared to than most normal business days. I do not recommend you trade weekend and market holidays.
However, if you are the scalper type trader, you can try trading the M5 timeframe but you need to give more weight to the Price Action and pick only the PA setups with Stoch signal confirmation and the RSI green line to confirm Stoch signal.
I shared my BTC trades form Sep 2023 to May 2024 in this post #146,401.
https://www.forexfactory.com/thread/...5#post14886805
Note: BTCUSD is top performer in the 9 months trading TMS_EVO_IX with Big E' 5-Method.
I will post the detailed statistics from Myfxbook later.
Stay Tuned!
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #146,660
- Jun 16, 2024 12:28am Jun 16, 2024 12:28am
- Joined Nov 2008 | Status: Trader | 50,190 Posts
{quote} Hello emmanuel7788! What TMS 5-Method? and what about OP's posts
Excellent question. I get asked a lot here the last 12+ years.
Obviously you have not read this whole thread from post#1 to post#12,912.
post #5
This thread is about the OP' 5-Method which you will learn in his old thread where it started.
Reading your posts here and in other threads, you seem to have some trading experience and you trade with EAs too.
You are better off than other members here.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett