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  • #21,441
  • Jul 6, 2013 11:45pm Jul 6, 2013 11:45pm
Hi guys , I'm new to TMS method , I still confuse in entry signal .

If Green cross red TDI up but the Heikin Ashi still red on last candle before ... is this a valid entry signal or I should have to wait for last candle turn blue and enter on next candle open?


This question may sound stupid but I'm really confuse.

Sorry for my english.

Regards
starthan.
  • #21,442
  • Jul 7, 2013 3:41am Jul 7, 2013 3:41am
Quoting starthan
Hi guys , I'm new to TMS method , I still confuse in entry signal . If Green cross red TDI up but the Heikin Ashi still red on last candle before ... is this a valid entry signal or I should have to wait for last candle turn blue and enter on next candle open? This question may sound stupid but I'm really confuse. Sorry for my english. Regards starthan.
Question:
If Green cross red TDI up but the Heikin Ashi still red on last candle before ... is this a valid entry signal or I should have to wait for last candle turn blue and enter on next candle open?

Answer:
1. When Green crosses Red UP .... wait till that candle closes to confirm that the TDI actually crossed UP.
2. APB/HA changed colour from previous Red to Blue... this will be the count as APB#1 candle.
3. Entry is on APB candle #1 and #2 only.
4. If you missed APB candle #1 and #2, do not enter on candle#3. Wait or go look for another setup.

This is the general Rule#1 for TMS 4H Entry.

There is an exception to this Rule#1 where I can enter after TDI crossed confirmed but the APB is till red. How many of you know this exception?

Hope this is clear enough and no more confusion.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,443
  • Jul 7, 2013 4:55am Jul 7, 2013 4:55am
Quoting emmanuel7788
{quote} Question: If Green cross red TDI up but the Heikin Ashi still red on last candle before ... is this a valid entry signal or I should have to wait for last candle turn blue and enter on next candle open? Answer: 1. When Green crosses Red UP .... wait till that candle closes to confirm that the TDI actually crossed UP. 2. APB/HA changed colour from previous Red to Blue... this will be the count as APB#1 candle. 3. Entry is on APB candle #1 and #2 only. 4. If you missed APB candle #1 and #2, do not enter on candle#3. Wait or go look for another...
Thank you EMMANUEL , This really help me understand.

Regards
starthan
  • #21,444
  • Jul 7, 2013 4:58am Jul 7, 2013 4:58am
Quoting emmanuel7788
{quote} Question: If Green cross red TDI up but the Heikin Ashi still red on last candle before ... is this a valid entry signal or I should have to wait for last candle turn blue and enter on next candle open? Answer: 1. When Green crosses Red UP .... wait till that candle closes to confirm that the TDI actually crossed UP. 2. APB/HA changed colour from previous Red to Blue... this will be the count as APB#1 candle. 3. Entry is on APB candle #1 and #2 only. 4. If you missed APB candle #1 and #2, do not enter on candle#3. Wait or go look for another...
Is the exception a bounce trade?
  • #21,445
  • Jul 7, 2013 6:53am Jul 7, 2013 6:53am
Quoting adamjhdavis
{quote} Is the exception a bounce trade?
No.

Here we are saying that there is a TDI crossed UP but the APB is closed Red when the TDi crossed UP. So it cannot be a TDI bounce situation.

This has to do with PA of the real price and the APB does not reflect the true price.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,446
  • Jul 7, 2013 8:17am Jul 7, 2013 8:17am
What do you think about this trade. The green line bounced away (=bouncing trade), the APB changed the colour (=from blue to red). The entry point is the red vertical line after closing the APB. Stoch (8,3,3) confirmed the trade. So the entry price would be near the closing price of the first red candle. Why did this trade went wrong ?

Regards,
FX94
Attached Image (click to enlarge)
Click to Enlarge Name: bad trade.png Size: 48 KB
  • #21,447
  • Jul 7, 2013 8:54am Jul 7, 2013 8:54am
Quoting emmanuel7788
{quote} No. Here we are saying that there is a TDI crossed UP but the APB is closed Red when the TDi crossed UP. So it cannot be a TDI bounce situation. This has to do with PA of the real price and the APB does not reflect the true price.
It might be a 3 bar reversal pattern or a pin bar at a significant S&R or fib level? Anyway,price action is the king so we can definitely enter the market earlier if we can read PA well enough. Just look at you and Phx62 is enough for us to know about that fact.
  • #21,448
  • Jul 7, 2013 8:57am Jul 7, 2013 8:57am
Quoting Fx94
What do you think about this trade. The green line bounced away (=bouncing trade), the APB changed the colour (=from blue to red). The entry point is the red vertical line after closing the APB. Stoch (8,3,3) confirmed the trade. So the entry price would be near the closing price of the first red candle. Why did this trade went wrong ? Regards, FX94 {image}
what was the primary trend on that day looking at the previous candles?
ist there a reversal?

If you enter using that red candle, where do you place you initial stop loss?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,449
  • Jul 7, 2013 9:20am Jul 7, 2013 9:20am
Quoting frenetic
{quote} It might be a 3 bar reversal pattern or a pin bar at a significant S&R or fib level? Anyway,price action is the king so we can definitely enter the market earlier if we can read PA well enough. Just look at you and Phx62 is enough for us to know about that fact.

cannot be a 3-bar reversal, the TDI cross and APB is in the colour of the reversal direction, i.e TDi cross down, APB#1 will be red.

but PA pin bar or a strong price pullback is the most likely except and S&R a must.... PASR. See example below.

For TMS 4H trading, the TDI is King.

... S3 H1 trading, Price Action is King.
Attached Image (click to enlarge)
Click to Enlarge Name: TDI exception .png Size: 17 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,450
  • Jul 7, 2013 9:44am Jul 7, 2013 9:44am
Quoting Fx94
What do you think about this trade. The green line bounced away (=bouncing trade), the APB changed the colour (=from blue to red). The entry point is the red vertical line after closing the APB. Stoch (8,3,3) confirmed the trade. So the entry price would be near the closing price of the first red candle. Why did this trade went wrong ? Regards, FX94 {image}
I know emmanuel doesn't use them but I like Stop orders so I would have had a Sell Stop 5-10 pips below the 1st red candle which I don't think the 2nd candle would have hit. Yes, you miss some pips but safer and more conservative. p.
  • #21,451
  • Jul 7, 2013 12:15pm Jul 7, 2013 12:15pm
Hi,
Please take a look at the D1 chart to see the uptrend. In the last 3 days there was an uptrend (= blue synergy candles), but the last candle had a long higher wick. Does this something mean ? I also see that the price closed nearly the open price. Does that mean that the candle lost momentum ?

Please tell me how i can identify a reversal candle. When you are talking here about the PA, do you mean the PA of the real japanese candlesticks, or the synergy APBs ? If i would take the trade, i would set my sl 5 pip over the high of the last blue candle. ( Big E wrote down: "the last swing high or low").

Is the TMS System also good for trading the retracements in a trend. For example there is an uptrend and i want to trade the retracement to ? Is the TMS System advisable for this trading method ?

Regards,
Fx94
Attached Image (click to enlarge)
Click to Enlarge Name: bad trade D1 chart.png Size: 35 KB
  • #21,452
  • Jul 7, 2013 6:53pm Jul 7, 2013 6:53pm
Quoting Fx94
Hi, Please take a look at the D1 chart to see the uptrend. In the last 3 days there was an uptrend (= blue synergy candles), but the last candle had a long higher wick. Does this something mean ? I also see that the price closed nearly the open price. Does that mean that the candle lost momentum ? ......Regards, Fx94 {image}
I see that you have the PAC on your D1 chart. Those previous days D1 APB/HA show very little increase in its body size (APB open and APB close) and they remains inside the PAC uppr and lower channel. This to me is market is ranging in the recent days. How wide is the range? You can measure the PAC high and low in pips.
The APB?HA with a lomg upper wick show price pull back ... weakness of the market in a UP-trend. If you are trading higher Tf like H4, then you need to see the D1 move with strength and momentum out of the PAC. The APB body must close outside the PAC.

The APB tell you the market momentum and strength in a simple way, much easier than trying to read the real price bar. This is why Big E use this APB as one of the indicator for TMS.

There is a pdf posted few days agon on Synergy EASY... Please study that pdf.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,453
  • Jul 7, 2013 6:57pm Jul 7, 2013 6:57pm
Quoting Fx94
Hi, ....? Please tell me how i can identify a reversal candle. When you are talking here about the PA, do you mean the PA of the real japanese candlesticks, or the synergy APBs ? ....Regards, Fx94 {image}

Reversal Candles:
Here are some text-book examples of Bearish Candlestick Reversal patterns:
Attached Images
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,454
  • Jul 7, 2013 6:59pm Jul 7, 2013 6:59pm
Quoting emmanuel7788
{quote} Reversal Candles: Here are some text-book examples of Bearish Candlestick Reversal patterns: {image} {image} {image} {image}
Here are the examples for Bullish Reversal Candlestick patterns:
Attached Images
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,455
  • Edited 7:42pm Jul 7, 2013 7:06pm | Edited 7:42pm
Quoting Fx94
....... Is the TMS System also good for trading the retracements in a trend. For example there is an uptrend and i want to trade the retracement to ? Is the TMS System advisable for this trading method ? Regards, Fx94 {image}
TMS works in all timframes (Post#1).
As a trader you must know what you are trading and must have the skills to trade. You need those skills to see all the 10 things requires to trade successfully.

If you trade TMS 4H and you want to trade retracement using 4H, you need to know which TF is your Primary Trend and which of the lower TF trend you want to trade or scalp. There are 5 Days in one Week, how many H4 candles are there for you to scalp?
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,456
  • Jul 7, 2013 8:13pm Jul 7, 2013 8:13pm
What Makes A Great Trader?

read here !

what is deep practice?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,457
  • Jul 7, 2013 8:19pm Jul 7, 2013 8:19pm
Hi Emmanuel,
Hope had a great weekend.I spent the whole weekend to format my computer and make it fast again.Here is 2 platforms I came up with.If something is wrong in it pls let me know
Regards
Mike
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Scalping.png Size: 63 KB
Click to Enlarge Name: H4.png Size: 46 KB
Failure, is a wonderful teacher!
  • #21,458
  • Jul 7, 2013 8:46pm Jul 7, 2013 8:46pm
Quoting mike1349
Hi Emmanuel, Hope had a great weekend.I spent the whole weekend to format my computer and make it fast again.Here is 2 platforms I came up with.If something is wrong in it pls let me know Regards Mike {image} {image}

TMS uses 5EMA (Close, Shift+3)

Synergy use PAC which is 5Smoothed MA High and Low.

Is there a lot of difference between the two when we trade using Price Action?

As a new trader, you can use either one or the other or even both if you want to. So long as you know why you are using them and how you make your trade decision with them.

I can trade without MAs.
Attached Image (click to enlarge)
Click to Enlarge Name: PAC vs 5EMA.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,459
  • Jul 7, 2013 8:55pm Jul 7, 2013 8:55pm
You are a pro Emmanuel . I just adjust my chart with the standard setting and hopefully one I'll trade like you .But I fully understand what you mean.
Lots of traders here trade with naked charts and they are successful.
I adjusted my H4 chart and we'll be here with you guys from tommorow.

Thanks
Mike
Failure, is a wonderful teacher!
  • #21,460
  • Jul 7, 2013 9:42pm Jul 7, 2013 9:42pm
Here is a 4H example:
Attached Image (click to enlarge)
Click to Enlarge Name: TMS 4H vs PAC entry candles.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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