Indicators for the 'Trading Made Simple' system 340 replies
Monitor for 'Trading Made Simple' system 549 replies
DislikedHere is another good use of the TDI cross and PA to draw a price channel
In this case is H4 channel.
Today and tomorrow, we need to see if PA will break out of this rising channel and continue downwards. It may re-test the lower channel later.
And if it does return back into the rising channel, let PA show if the uptrend resumes.Ignored
DislikedTwo trades today. First one taken at 6:00 GMT. NZD/USD H4
+61.8 Fib in play from daily move
+5p. shy of round number
+nice cross just below 68
Took all profits 1:1 risk-reward.
Also taken AUD/JPY H4 at 10:00 GMT. That was also a great one, no screenshot though. Left one at work.
Geeez, the longer I apply this system, the better results I get.
Talk to you tommorow!
If I remember right - Big E closed trades at the London Close - which is 16:30 GMTIgnored
DislikedMarket session hours and your local time.
I read people here are still struggling to know what is Big E pacific time, etc.
All you need to know is your own local time. where you are trading from, and the London/UK local time.
You trade the London market session, you just need to know when it opens in reference to your own local time and the time it closes in 9 hours.
The same for the US or New York open.
When London close, there is always some movements in the market and after London close, it can be very quiet unless there is news and...Ignored
DislikedWhat you are looking for might be here. It has been a while since I read the TMS thread but all of it evolved from here
DislikedThanks Jay & littlebunny. I'll spend this Easter reading these.
(It'd be like a robot if using a system and have no idea why it works wouldnt it xman&tms system got me 14%+ this month compared to 5-6% when I used ichimoku)Ignored
Long, on the aud/usd (long term trend is up...)
Short, on the eur/usd (long term trend is down...)
Not sure on the gbp/usd ???
I hate to trade against the long term trend... But, that is just me...
DislikedLet me ask please , another maybe stupid question,
What if I see divergency on M15 (based on PA and TDI), and there is no even a shadow of divergency on higher time frame is it valid or not sign of possible move direction change or better forget about it?