Disliked{quote} Is this what most TMS 4H system followers do? With an eight-candle average run, it seems a little abrupt.Ignored
This is what Eelfranz taught me. Put in your trade as close to
the L/O as possible & liquidate out in the morning session of
the US market. (8 hours later, 3 apb's).
The market ranges (mostly) in afternoon N/Y session & Asia session.
We need momentum to push the apb's to the levels.
***Their is a exception to this. If I convert a 4 hour trade to the
daily chart because momentum on the daily is good, I'll stay in
the trade, but I always count the number of apb's.***
The first blue/red apb is the set up bar. The second apb take the trade.
The 3rd apb I'm ok with. The 4th apb & beyond I'm very careful...
Remember that apb's tend to move 3-8 bars. Always count
the apb's on the chart your trading and know which apb your on.
sj