IF you trade the H1, then you wait for another 7minutes {image} ...
EU Sep 26 H1 London 12pm
- some risk when hitting the Daily Open
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,921
- Sep 26, 2025 6:03am Sep 26, 2025 6:03am
- Joined Nov 2008 | Status: Trader | 50,210 Posts
EU Sep 26 H1 London 12pm
- some risk when hitting the Daily Open
...
- #150,922
- Sep 28, 2025 7:10am Sep 28, 2025 7:10am
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} EU Sep 26 H1 London 12pm - some risk when hitting the Daily Open {image}
...
- spend your weekend and learn to analyse all trades.
- this is one example why this trade was a failure and you lose -1R.
- this would be a good test of your understanding of the OP post #647 and the other posts in this thread.
- IF you find ONLY one reason then you are very good and have mastered the 5-Method and what is Trading Made Simple.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,923
- Sep 28, 2025 7:14am Sep 28, 2025 7:14am
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} XAU Sep 26 H1 Tokyo 11am TMS_V19 EA - we have sell conditions - watch previous two days' lows ... can be show stopper. {image}
...
- another example why this trade should have been avoided
- Do Not trade when price is in consolidation... that H1 Master Candle is consolidation ... Do Not trade no matter how good the technical conditions by the Stoch and TDI show on you charts.
- its in your understanding of post #647 and apply that in real-time live market trading
- rules must be few and simple
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,924
- Sep 28, 2025 8:46pm Sep 28, 2025 8:46pm
- Joined Nov 2008 | Status: Trader | 50,210 Posts
Week 40 Sep 29 to Oct 05
- Month-End trading
- not my favourite week only 2 trading days to all Weekly candles
- many events this week not on the economic calendar which will impact trading in low timeframes charts
- best to avoid trading when Daily are NOT trending and range-bound.
...
- Month-End trading
- not my favourite week only 2 trading days to all Weekly candles
- many events this week not on the economic calendar which will impact trading in low timeframes charts
- best to avoid trading when Daily are NOT trending and range-bound.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,925
- Sep 28, 2025 9:01pm Sep 28, 2025 9:01pm
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} hi @liu789 This is your first post in this thread. It is important that you first read all the OP' posts and learn how he trade the 5-Method using both Stochastics and TDI as helping indicators to confirm 5-Method' Price Action trade setups. Spend time and read all his 1485 posts in Forex Factory and you will get to know the man @eelfranz, how he started a newbie in 2006 and spent 6,000 hours to learn and mastered the 5-Method. To trade the 5-Method, you start with the templates and updates in post#1 and post#25. Then progress gradually...
- you can set the Trend 2/8 to daily D1,
- this will be the first condition the EA will check follow by the other conditions you have selected
For example XAU H1 below, Tokyo 10am
this means buy only when the Price Action is above the Trend 2/8
> no trade when the Trend 2/8 is sideways BLUE colour displayed
Make sure you follow this post and also study the TMS_V19 Manual
What is Trend 2/8 -TF- displayed on the screen?
see Post#102,546
https://www.forexfactory.com/thread/...8#post12874078
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,926
- Sep 28, 2025 9:09pm Sep 28, 2025 9:09pm
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} Questions on TMS_V19 EA settings for XAU - you can set the Trend 2/8 to daily D1, - this will be the first condition the EA will check follow by the other conditions you have selected For example XAU H1 below, Tokyo 10am this means buy only when the Price Action is above the Trend 2/8 > no trade when the Trend 2/8 is sideways BLUE colour displayed {image} Make sure you follow this post and also study the TMS_V19 Manual What is Trend 2/8 -TF- displayed on the screen? see...
XAU Sep 29 M5 Tokyo 11am
- DO NOT trade when price is in consolidation
- below is Master Candle an indication of a consolidation
- wait for the breakout
- also note the Triple Inside Bar candles
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,928
- Sep 28, 2025 9:16pm Sep 28, 2025 9:16pm
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} XAU Sep 29 M5 Tokyo 11am - DO NOT trade when price is in consolidation - below is Master Candle an indication of a consolidation - wait for the breakout - also note the Triple Inside Bar candles {image} ...
UPDATE:
9 minutes into the Tokyo 1109am
we have a breakout !
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,929
- Sep 28, 2025 9:19pm Sep 28, 2025 9:19pm
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} UPDATE: 9 minutes into the Tokyo 1109am we have a breakout ! {image} ...
UPDATE:
TDI on H1 is still lagging ...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,930
- Sep 28, 2025 9:40pm Sep 28, 2025 9:40pm
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} UPDATE: 9 minutes into the Tokyo 1109am we have a breakout ! {image} ...
XAU Sep 29 EP , SL and TPs
- entry after the breakout candle
- SL use 2CLB previous two candles low
- TP let the market decide, you manage the downside risks, lock-in profits and "Let Profits Run".
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,931
- Sep 28, 2025 10:05pm Sep 28, 2025 10:05pm
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} UPDATE: TDI on H1 is still lagging ... {image}
...
XAU Sep 29 H1 Tokyo 12pm
- when the H1 closed and open a new candle ...
- price action MOMENTUM bounce 9.5
- you have risk when you look at the Stochastics ... BUT ...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,932
- Sep 29, 2025 2:11am Sep 29, 2025 2:11am
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} XAU Sep 29 EP , SL and TPs - entry after the breakout candle - SL use 2CLB previous two candles low - TP let the market decide, you manage the downside risks, lock-in profits and "Let Profits Run".
{image} ...
XAU Sep 29 M5 UPDATE:
- when the market moved +4R you protect +2R and ...
***TO MAXIMIZE PROFIT WE MUST BE PREPARED TO GIVE BACK 50% of WHAT THE MARKET GAVE US***.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,933
- Sep 29, 2025 3:27am Sep 29, 2025 3:27am
- Joined Nov 2008 | Status: Trader | 50,210 Posts
Week 40 Sep 29 to Oct 05 - Month-End trading - not my favourite week only 2 trading days to all Weekly candles - many events this week not on the economic calendar which will impact trading in low timeframes charts - best to avoid trading when Daily are NOT trending and range-bound. {image} ...
EU Sep 29 H1 London 9am
- looking at toppisch price action
- Stoch and RSI in overbought zones
- Daily candles Inside Bar
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,934
- Sep 29, 2025 4:08am Sep 29, 2025 4:08am
- Joined Nov 2008 | Status: Trader | 50,210 Posts
GU Sep 29 H1 London 10am
- this is one of what the OP would consider 'iffy'
- does not meet 100% of the setup conditions not A+++.
...
- this is one of what the OP would consider 'iffy'
- does not meet 100% of the setup conditions not A+++.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,937
- Sep 29, 2025 9:03pm Sep 29, 2025 9:03pm
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} EU Sep 29 H1 London 9am - looking at toppisch price action - Stoch and RSI in overbought zones - Daily candles Inside Bar {image} ...
#study this the next 34 hours
EU Sep 30 H1 Tokyo 11am
-
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,938
- Sep 29, 2025 9:13pm Sep 29, 2025 9:13pm
- Joined Nov 2008 | Status: Trader | 50,210 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,940
- Sep 30, 2025 7:39am Sep 30, 2025 7:39am
- Joined Nov 2008 | Status: Trader | 50,210 Posts
{quote} Price Action vs TDI Volatility Band #study this the next 34 hours EU Sep 30 H1 Tokyo 11am {image} -
EU Sep30 H1 New York Open
- learn to read the candles and what each indicator is telling you ... the Price Action, the 5EMA, the Stoch %K line, the TDI' RSI green price line, and the TDI' VB.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett