TMS and Me

EUR/AUD H1. Risk 45 pips, closed +50 pips.


AUD/USD m30. Not sure what I was doing there but ended with a -10 pips lol.
As you can see, you could make a profit on this trade if you enter properly with TMS in mind.

GBP/USD H1 I left running last night. +20, stop 20, 1R
TDI - no cross. However Green was really nice hooking away from 50. Also green below red, red below Yellow
Price - no color change, but price DID turn back towards MA before bouncing off.


Notice the yellow box. That would be the entry point for Spring pattern.

Hi Direwolf,
Had a couple of trades today that although to me looked good, they both got stopped out. I was hoping when you get a bit of spare time you could give me your view:



Good cross with both red and green heading down
Yellow looked like it was starting to change direction
Cross just below 50
TMA bands suggesting down trend



Opposite to above

Hope to hear soon,

@Flinx I'll get to your chart asap, I'm having quite a bad sore throat right now need to go to the hospital Still super busy, hope everyone is doing well.

Hi again. Sorry for being late.

NZDUSD. At this time it's giving me mixed reading.

Looking at only TDI, my bias would be long due to Yellow moving strongly up.
I would want green to move above 50, move back, and turn up again.


However, looking at the obvious move, my bias would be short.


When the chart gives me unclear direction like this I would stay away. Similar story with USDCHF.

Thanks for getting in touch, I see this now. So its not a good idea to trade against the direction of yellow it seems, but looking back at a fee of your trades, you have traded when yellow is somewhat flat... does this mean its ok to trade when yellow is flat?

Hello everyone. Sorry for lack of posting but I haven't gotten any TMS trades this last week. I was real busy, lots of running around. Getting sick didn't help either

@Flinx. Allow me to show more examples of pure TDI set ups I found scrolling back a bit. They were set ups I might entered (not taking time of day or news into consideration). It's been a choppy week especially JPY pairs. Definitely a risky week to trade.

AUD/CAD. Nice moved down, returned to MA, then a nice cross down. My stop would be 25 pips. 1-2R potential.


AUD/CHF. First trade could have been a loser. Price moved up, returned down then bounced up, giving nice cross up.
Second trade was quite close to NFP. The best it went was 1R but I might closed it at much less.


EUR/JPY a bit further back, 21 November. Look at how all TDI was pointing down.
Green below Red, Red below Yellow. Definitely one of the best looking TDI set ups these past few weeks.


GBP/AUD. Had potential but I would probably pass for the reason given in the image.


NZD/USD. The cross up would have been a losing trade.
Not sure if I would have taken the cross down. Green looks nice. 1-2-3 potential but that's it, nothing else.


USD/JPY is a unique one. I WANT to join the bull's train on this pair so I'd buy more and more whenever TDI looks decent.


That's about it... I hope they're not confusing

Thanks for getting in touch Direwolf, really good post again.

I can clearly see the reasons/eerything you explained in this post.

I'm thinking perhaps I'm finding it much easier to reflect on trades that have already happened in the past. Would it be possible for you to do some posts of trades and what you see as you take them, for example as soon as you see the signal take a quick screen shot, so I know how things look from that perspective?

Regards,

I'll be happy to show you if I have a trade this week Flinx For now please check page 4 for a few examples.

GBP/JPY and USD/JPY are doing similar things.

Will this happen? I don't know.
Will I short it if it happens? Definitely.

Direwolf,
Thanks for sharing your story and tdi strategy..simple and effective...great job of explaining it also

What are you watching for exactly? Isn't it a good cross already, or is it too far below the 50?

@Mess7777 I was waiting for a cross down. It didn't happen, I drew it.

This is what GBP/JPY looks like right now. Really like it the way it is, 10 more minutes to go before candle close.

Aha... best TDI award for the day goes to... EUR/JPY. Very similar to my #247 post.

All TDI point down. Green turn down at very nice angle.
Green below Red, Red below Yellow.


Shorted GJ as well. Will see what happens.

Nope GBP/JPY not doing what I want. Closed at -20

Shorted GBP/USD M30.
Yellow was a bit high but everything else are nice. Green very nice angle. Green below Red below Yellow.


Very similar thing on EUR/USD but decided to go with G/U

No good. GBP/USD stopped out. Down -2R this week.

Hi Direwolf,

I have been trying to take setups that meet the requirements however I keep getting stopped out.
Heres one I took over the last few days. Any input would be appreciated.



Red and green heading upward with cross above 50 line
Yellow in same direction
TMA bands suggesting uptrend
Bouncing off upper TMA band
Blue runs suggesting uptrend



Obviously no trading strategy can be 100% correct, however can you spot anything I am doing considerably wrong?

Hi Flinx. I don't trade TMS on daily myself however these are the 2 that would keep me out.
1. I only look for bounce off mid line
2. When yellow gets that high I would wait for yellow to turn down.
This is what I would be waiting for.

AUD/CAD H1 TDI is looking very nice at the moment. Could be the result of Chinese news 20 minutes ago so need to be careful, could go both ways.


AUD/USD H1, pretty close. -1 for Red is still above Yellow.