DislikedWell, I for one have printed your TMS Rules because since going live on 11/14 I have lost 6.5% of my acct. But Monday I loaded the SHI channel (from Sonic's thread) plus the channels for the TDI and although today isn't a good trading day in the US and during the US session I did grab some pips going short the A/$. So maybe it is starting to sink in. I will only trade the 3 amigos on the 1H during US hours starting with the overlap.
Many thanks for yours and many others postings. p.Ignored
- #13,765
- Nov 24, 2011 12:58pm Nov 24, 2011 12:58pm
- | Commercial User | Joined Aug 2011 | 2,409 Posts
I'm going to type my trading plan which is very simple yet very profitable.
Its exactly what big E thought us at the start of the thread.
- Time frame = 1 H
- Pair = E/U
- Times = London opening and new york opening (You can trade any cross but the signals at these times work 70% to 80% of the time)
Indicators = Synergy bars , TDI , 4EMA shift 2
1. Mark the 6:00(london) and 12:00(new york) on your platform with vertical lines when you open your chart
(look at my previous chart that i posted for an example, the times might be different on different platforms)
2. Wait for the 1 H bar to touch the vertical line then start looking for your signal.the signal can happen at the vertical line or 1 bar after the vertical line (do not enter on signals that form before the vertical line)
3. Once you enter set your Sl at the high or low swing.
in most cases the bars will run in the same direction from the london opening to 1 Hour before the NY session can start.
4. Close your trade 1 or 2 hours before the NY session can start.
5. Wait for the 1H bar to touch the NY vertical line then you look for signals on TDI
6 Do the same as the london session. In the NY session i run the trade for 3 or 2 candles then close the trade.
Simple as that.
My swing trades i wont discuss as that confuse a lot of traders especially the newbies. So we will just stick to the simple TMS system
Its exactly what big E thought us at the start of the thread.
- Time frame = 1 H
- Pair = E/U
- Times = London opening and new york opening (You can trade any cross but the signals at these times work 70% to 80% of the time)
Indicators = Synergy bars , TDI , 4EMA shift 2
1. Mark the 6:00(london) and 12:00(new york) on your platform with vertical lines when you open your chart
(look at my previous chart that i posted for an example, the times might be different on different platforms)
2. Wait for the 1 H bar to touch the vertical line then start looking for your signal.the signal can happen at the vertical line or 1 bar after the vertical line (do not enter on signals that form before the vertical line)
3. Once you enter set your Sl at the high or low swing.
in most cases the bars will run in the same direction from the london opening to 1 Hour before the NY session can start.
4. Close your trade 1 or 2 hours before the NY session can start.
5. Wait for the 1H bar to touch the NY vertical line then you look for signals on TDI
6 Do the same as the london session. In the NY session i run the trade for 3 or 2 candles then close the trade.
Simple as that.
My swing trades i wont discuss as that confuse a lot of traders especially the newbies. So we will just stick to the simple TMS system
X-man the legendary conqueror of markets
I'm going to type my trading plan which is very simple yet very profitable.
My favorite crochet hook is size J. It's a J-Hook!
- #13,767
- Nov 24, 2011 1:17pm Nov 24, 2011 1:17pm
- | Commercial User | Joined Aug 2011 | 2,409 Posts
Guys
Are there any traders that has more losing trades than winning trades?
If this is your case then you should do the opposite when you enter a trade
just think about it, it would surely give you more wins lol.
If you want a system that wins 50% of the time. The most simplest system in the world.
Its called the coin system, just toss a coin heads for long and tails for short
.
LoL just a little Trading humor for the day
But there is a lot of logic in what I say
Are there any traders that has more losing trades than winning trades?
If this is your case then you should do the opposite when you enter a trade
just think about it, it would surely give you more wins lol.
If you want a system that wins 50% of the time. The most simplest system in the world.
Its called the coin system, just toss a coin heads for long and tails for short
.LoL just a little Trading humor for the day
But there is a lot of logic in what I say
X-man the legendary conqueror of markets
Yep, I'll be doing the exact same thing.
Yippee; thanks! Can't be up at 2am here for London (I've tried; ugh). Going to focus on the New York open & only look for that one trade every morning; catch some pips & live on day shift. See you in the morning.
- #13,774
- Nov 24, 2011 3:28pm Nov 24, 2011 3:28pm
- Joined Apr 2011 | Status: "Never Give Up - Never Surrender" | 1,608 Posts
"To live with Passion, it takes Courage and Grace to survive"
