Trading Made Simple

Quoting 1dominican

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{quote} scanning your 2 points to find a trade i think that gbpusd 4 hours chart got all 2 point {image}

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Quoting tommydoginti

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{quote} Hi 1dominican GU made a higher high with continuation of HHHL uptrend formation. There is yet to have any good sell opportunity. TDI also not crossing down from 68 as BigE’s favourite TMS setup. {image} Reposting the chart from my last few posts on TMS countertrend setup, note the first Higher low to be buy and lower high to be sell. {image} {image} trade well and have a great weekend. This weekend I will be doing hiking in Taiwan, then will head to Japan for a hot spring trip. Spending the profit from trading ...

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Quoting tommydoginti

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{quote} Hi 1dominican GU made a higher high with continuation of HHHL uptrend formation. There is yet to have any good sell opportunity. TDI also not crossing down from 68 as BigE’s favourite TMS setup. {image} Reposting the chart from my last few posts on TMS countertrend setup, note the first Higher low to be buy and lower high to be sell. {image} {image} trade well and have a great weekend. This weekend I will be doing hiking in Taiwan, then will head to Japan for a hot spring trip. Spending the profit from trading ...

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Quoting 1dominican

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{quote} yes gbpusd made a new high, but it failed to close above last high, i call that a doble tope or a rejection. That is what i see. Rejection of last HH. Short below last red bar's low stoploss is 7 pips above above last high,that mean that even if price make a a new high but only by one pip ,your hold the trade ,do not panic {image}

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Quoting tommydoginti

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{quote} Hi 1dominican GU made a higher high with continuation of HHHL uptrend formation. There is yet to have any good sell opportunity.
{image} Reposting the chart from my last few posts on TMS countertrend setup, note the first Higher low to be buy and lower high to be sell. {image} {image} trade well and have a great weekend.

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Quoting eelfranz

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Divergence, That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.

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Quoting tommydoginti

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{quote} Yes traders have to be flexible in trading both ways as the price moves. Be it trend following or countertrend, the important thing is have a plan and follow the rules. For instance, TMS take consideration of previous highs and lows, and the trend. In an uptrend, TMS traders can avoid sell and look for TMS buy setups. Wait for the TDI signals to ensure the setup is complete before executing a trade Countertrend trades with TMS can use other indications such as TDI 68 retrace and rejections at previous high. {image} {image}

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Quoting tommydoginti

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{quote} ‘I trade with IDIOT mode on. My reason to short is the price failed to hold a hh and price closed red, then why to keep short if price recover and trade back above the last red bar? My exit stoploss is y's high btw tdi turned down green below red’ You are getting there. In reality you just take 10 second to analyse and decide to trade a TMS setup. If you manage to explain your trade entries in a couple sentence, you are in the right path For instance, post #647 involves just a few elements to consider a TMS setup. Previous Highs and Lows...

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Quoting tommydoginti

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{quote} I got PM about how BigE traded TMS with previous highs and lows, and able to identify H/L accurately. TMS traders can use HA candle chart to aid. Look for swings >3 candles to determine H/L formation According to BigE’s post #647 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...

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Quoting tommydoginti

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{quote} TMS trade… {image}

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Quoting tommydoginti

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{quote} I got PM about how BigE traded TMS with previous highs and lows, and able to identify H/L accurately. TMS traders can use HA candle chart to aid. Look for swings >3 candles to determine H/L formation According to BigE’s post #647 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...

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Quoting emmanuel7788

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It's Friday what's on today' menu? {image} IF you want to trade this weekend' GAP and make some money, put in your orders before New York closes at EST 5PM. ...

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Quoting tommydoginti

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{quote} TMS trade… {image}

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Quoting tommydoginti

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{quote} post #6628 {image} Studying BigE’s TMS trades, you can understand more on how TMS traders trade the countertrend positions. Post #6628, which waits for first Higher High and Low to form and enter buy as price started moving upward with TDI cross signal. Another example from BigE, showing countertrend trade entry as TDI cross down from 68 level, which is BigE’s favourite setup. {image}{image} Following the same approach, my GU TMS sell played off nicely. {image}{image} Trade well.

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Quoting Miloncef

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{quote} thank u for your precious participating in this thread.... could you please put the post as a link to facilate the navigating to

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Quoting Miloncef

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{quote} thank u for your precious participating in this thread.... could you please put the post as a link to facilate the navigating to

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Quoting eelfranz

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So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY. Snarlyjack - Good to hear from you old friend. We have stood back to back in battle more than a few times. May your trades be blessed buddy. Come visit more often. Big E

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Quoting Miloncef

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{quote} thank u for your precious participating in this thread.... could you please put the post as a link to facilate the navigating to

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Quoting emmanuel7788

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{quote} @Miloncef Do you have a plan to become more successful and profitable in your trading? Are you prepared to make some sacrifices and spend 5 to 8 hours every day for the next 2 to 3 years? The OP Big E has the answer for you. And I will share a plan with you and all here who are interested. ...

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Quoting emmanuel7788

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{quote} @Miloncef Do you have a plan to become more successful and profitable in your trading? Are you prepared to make some sacrifices and spend 5 to 8 hours every day for the next 2 to 3 years? The OP Big E has the answer for you. And I will share a plan with you and all here who are interested. ...

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Quoting Miloncef

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{quote} thank u for your precious participating in this thread.... could you please put the post as a link to facilate the navigating to

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