{quote} Didn't you mention to try trading 4Hr only right now? Also on the 1 hr two hours ago wanted to enter bounce trade on XAU however remembered to trade on 4 hr and got scared to enter because of its main trend being bullish however after this push it needs abit of retracement room but skipped that trade. trying to set up remotely TMS_19 remotely trying to find the template files and the EA. Having difficulties finding all the files for the indicator. Entered a EJ long for 4 hr
{quote} Hey heres my view on the market types! Im swapping original pair uj to xau because my broker does not let me trade it :/ so yeah if thats okey with you?. Now the market types: XAU trending bullish EU ranging AU ranging from price action looks like its about to trend bullish GU sideways EJ bullish trend AJ bullish trend EG bearish trend UC ranging If in wrong somewhere please correct me want to learn to see what i dont and what i need to see! Ganna try watching the video as soon as possible abit tricky to manage time in a vacation but will...
{quote} Hi SnowManF, One thing you can keep track of your progress is see how your profitability performs and changes. To give you an idea, I trade TMS since 2021. For the first 2 years I risk ~0.2% per trade. Then switched to prop firm trading. Last year I traded with personal account again, +100% in 156 trades with ~1% risk per trade. If you risk 0.5% per trade, you can expect to double account in ~300 trades. Another parameter is profit factor. You should expect to start with ~1.5-1.6. Depending on your progress you can get up to 2 or higher....
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works. 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...
{quote} What session with actual time Do you trade? how do you decide to switch 4h to 1H? does change in Trend (for Eg: we were in down trend do we need to take the prev HL with swing which is( 3+ Bull candle))? How do you decide your Take Profit : with the TDI green conversing toward red or prev h/L or some Sup/res? isn't your sl prev swing L/H? why do you don't use EMA 5 in PA and Stoch Indicator? Do you Trade bounce entry or just Cross? What's your risk management tips for prop firm for this Strategy?...
{quote} XAU Jul08 H1 London 12pm - bullish engulfing bar candle will cause both the Stoch and the RSI green price line to hook up - but you cannot take a buy trade because the 5EMA is red and pointing down {image} ...
{quote} XAU H1 Jul09 Tokyo 8:50am - wait for the candle to close - the TDI green is flat {image}
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try Gbpcad, there is a bounce trade {image}
EURUSD 4Hr Jul09 > nr4IB ... post#647 - this will be our next TMS, TMS-II and TME_EVO 2018 , trade opportunity for today - for those trading TMS MEME and TMS_EVO_IX, we are in buy mode > the same Big Picture, one setup and different Money Management Strategies. {image} ...
// The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade. 5 ema... shows direction currently... only wanting...
