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  • #30,321
  • Feb 3, 2014 7:45pm Feb 3, 2014 7:45pm
Quoting dipi
Ciao Emmanuel, AUssie Goooodmorning! This is is my first trade this week +30pips!! I use MC candel and TDI, green>red. I think AU probably good at 0.88180, but good for now!! {image}
Hi dipi,

Good morning for today 4 Feb in AsiaPacific.

I missed your post yesterday, I think FF moderator needed time to vet your post before it get display to all.

Anyway, that was a good trade and you caught the right candle with momentum.

Today 4 Feb Sydney time, we have RBA rate announcement in less than 2 hours. There will be big move expected as market will react to that. we saw how the AUDUSD reacted after the US PMI turn out worst than forecast. So we manage our open trades tightly before the RBA rate release.

Trade Well.

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,322
  • Feb 3, 2014 7:58pm Feb 3, 2014 7:58pm
GU update with Weekly chart.

Here is a quick update on GU.

Attached Image (click to enlarge)
Click to Enlarge Name: GU week 06 view update 4 Feb .png Size: 65 KB


Read my commenst on the chart above.
Today would be good to look in lower timeframes like H1 and M15 to pick some pips for this pair. The current market is sideways wide ranging to the downside. Intraday corrections can be traded in H1 and M15. Small SL and TP, if possible look for potential R:R 1:1.5 and that should work out.


Trade Well,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,323
  • Feb 3, 2014 8:08pm Feb 3, 2014 8:08pm
EU update 2:

Just to follow up on the EU trade we discussed yesterday before the US PMI data release.
Some got a few pips with a ggod +1R trade.
BE trade before the NYO was a good thing to do and we saw how the market reacted to the weaker PMI data far from the forecast.
Today we shall see if market settle down and how EU will trade around the 1.3520 region. Yesterday was a fairly small range of ~60pips, so we cann look at how the market will break away from the previous D OHLC. TMS H1 should work out today with smaller TP expectation.

Attached Image (click to enlarge)
Click to Enlarge Name: EU M15 3 Feb Exits update2.png Size: 61 KB


Trade Well.

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,324
  • Feb 3, 2014 8:15pm Feb 3, 2014 8:15pm
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 40 KB
  • #30,325
  • Feb 3, 2014 8:24pm Feb 3, 2014 8:24pm
EU Big Picture for this Week 06 and also Feb Month :

Monthly View as of 4 Feb.

Attached Image (click to enlarge)
Click to Enlarge Name: EU Week 06 W1 view 4 Feb.png Size: 44 KB


Weekly view as of 4 Feb:

Attached Image (click to enlarge)
Click to Enlarge Name: EU Week 06 W1 view.png Size: 47 KB


We must check the news calendar for key data release this week and also following weeks. This will help us plan for when the next big move will happen.

I trade TMS 4H swing only. But you can still trade with H1 but do not expect large number of pips for intraday trading.

Trade Well.

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,326
  • Feb 3, 2014 9:05pm Feb 3, 2014 9:05pm
Quoting emmanuel7788
EU Big Picture for this Week 06 and also Feb Month : Monthly View as of 4 Feb. {image} Weekly view as of 4 Feb: {image} We must check the news calendar for key data release this week and also following weeks. This will help us plan for when the next big move will happen. I trade TMS 4H swing only. But you can still trade with H1 but do not expect large number of pips for intraday trading. Trade Well. EMMANUEL
Thanks for these Emmanuel
  • #30,327
  • Feb 3, 2014 11:59pm Feb 3, 2014 11:59pm
USD/CHF looks intresting for sell right now.
  • #30,328
  • Feb 4, 2014 12:11am Feb 4, 2014 12:11am
EJ 4 Feb:

we see an early breakout just after Tokyo finished their sushi time. We have 2 more hours till London Open.

Attached Image (click to enlarge)
Click to Enlarge Name: EJ 4 Feb TOK_5H Breakout.png Size: 35 KB


I see 136.31 a MN swing level.

EJ still look rather bearish.
so what should we be careful and lookout for when LO?

Attached Image (click to enlarge)
Click to Enlarge Name: EJ D chart view 4 Feb GMT0600.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,329
  • Feb 4, 2014 12:13am Feb 4, 2014 12:13am
Quoting attilafx
USD/CHF looks intresting for sell right now.
yes, I see that too.
But the day traded raneg is very small so keep TP expectations realistic.

Good Trading
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,330
  • Feb 4, 2014 12:24am Feb 4, 2014 12:24am
Quoting emmanuel7788
GU H4 trades: Trade Management by trailing using the APB/HA. These trades were opened last week and protected over the weekend. {image}
Just a quick update on my open trades.
Now move my protective stops to the levels where I scaled out yesterday.
inal TP in sight. Take and run as soon as I can.

Attached Image (click to enlarge)
Click to Enlarge Name: GU H4 week 06 trade management2.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,331
  • Feb 4, 2014 12:58am Feb 4, 2014 12:58am
Hello every one

i was reading this TMS thread since last month...was on demo..live since yesterday..started well...thanks all the guidance and help from the senior member..Big E.. emmanuel..phx62....Xman....i wish every one very good luck... sorry for my English..

Thanks again
Sad i'm not trying to understand PA
  • #30,332
  • Feb 4, 2014 1:26am Feb 4, 2014 1:26am
Quoting emmanuel7788
EJ 4 Feb: we see an early breakout just after Tokyo finished their sushi time. We have 2 more hours till London Open. {image} I see 136.31 a MN swing level. EJ still look rather bearish. so what should we be careful and lookout for when LO? {image}

....a bear feaky
Sad i'm not trying to understand PA
  • #30,333
  • Feb 4, 2014 1:33am Feb 4, 2014 1:33am
Hi guys,

I’m new in FF. I recently joined and I must say there is a lot of stuff in here. The TMS seems like a profitable strategy and the thread is still very active up to this day.

Instead of going through all 1500 pages I was wondering if anybody has an update of the strategy rules. Or are the rules outlined by big E in the first few pages still valid?

Thanks a lot!

R.
  • #30,334
  • Edited Mar 14, 2018 10:10am Feb 4, 2014 1:59am | Edited Mar 14, 2018 10:10am
Quoting RautomatiK
Hi guys, I’m new in FF. I recently joined and I must say there is a lot of stuff in here. The TMS seems like a profitable strategy and the thread is still very active up to this day. Instead of going through all 1500 pages I was wondering if anybody has an update of the strategy rules. Or are the rules outlined by big E in the first few pages still valid? Thanks a lot! R.
Hi Rautomatik! I understand exactly what you mean

Keep in mind - most method can be profitable. What's more important is your own discipline and psychology.

The method has changed somewhat to Price action with TDI to help confirm the entry. From what I see these seems to be the entry we're using.
- Reversal pattern when price reaches pivot points
- Price breaking out of Asian high/low when Asian session has small range.

So if possible, take some time to study price action, reversal patterns and support/resistance. It will help you understand what others are doing much better.

Recommended readings. You'll find many more if you click on the paper clip icon on the top right of this thread.

Trading in the Zone - to me this is even more important than the method. Must read
- { copyrighted attachment deleted by staff }

Best of Big E - http://www.forexfactory.com/attachme...mentid=1179094

Phx's study
vol. I - http://www.forexfactory.com/attachme...mentid=1145186
vol. II - http://www.forexfactory.com/attachme...mentid=1145188
vol. III - http://www.forexfactory.com/attachme...mentid=1224400
vol. IV - http://www.forexfactory.com/attachme...mentid=1334142

Price reversal pattern together with Support & Resistance and TDI can be really powerful.

This is my latest trade, and I'm still a newbie!
EURAUD, 2 bar reversal pattern rejecting 200 EMA, entered when Heiken Achi changed color and TDI crossed down at candle close. Took profit at 800 EMA for 95 pips. Could have ride it much lower but as I said, Ima newbie.
Attached Image

It was a bit late entry, I could have entered when the 2 bar reversal formed without waiting for the next candle. Here's the 2 bar reversal I was talking about. It rejected 200 EMA so in my view was very solid signal.
Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #30,335
  • Feb 4, 2014 2:17am Feb 4, 2014 2:17am
Hi Direwolf,

Thanks for the quick reply. The method seems to have changed quite a bit since big E started this ;-)
  • #30,336
  • Feb 4, 2014 2:41am Feb 4, 2014 2:41am
EUR/USD, entered on open and break of Asian session . I can see some divergence suggesting price should head down. The candle just before LO didn't break Asia's highs, hopefully this works out well. Any thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 31 KB
  • #30,337
  • Feb 4, 2014 2:41am Feb 4, 2014 2:41am
This pair is slightly scary


edit: because I'm hugely countertrend I've locked b/e now... freetrade, hope it makes it.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ.png Size: 37 KB
  • #30,338
  • Feb 4, 2014 3:02am Feb 4, 2014 3:02am
Quoting WDays
This pair is slightly scary edit: because I'm hugely countertrend I've locked b/e now... freetrade, hope it makes it. {image}

Great minds think a like, and yes, a risk free trade for me also which is always a relief on this pair!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY TRADE 2014.png Size: 27 KB
  • #30,339
  • Feb 4, 2014 3:05am Feb 4, 2014 3:05am
Quoting Gareth22
{quote} Great minds think a like, and yes, a risk free trade for me also which is always a relief on this pair! {image}


Construction PMI in 25 minutes, I hope indeed it's a riskfree trade for you too now
  • #30,340
  • Feb 4, 2014 3:11am Feb 4, 2014 3:11am
hello wway and gareth there is news coming up in 20 mins time how do you scale this its a high impact news would have entered but when I saw the news I held back or what other thing did you see that made you enter the trade any comment welcome thanks.but I am in EURJPY now any comment on this pair
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