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
Here is my daily view.... where price might get rejected by guppy in the next few days then head up to 50%fib (small ABCD completion) and if there a good tdi signal short , we should catch good bag of green pips down... Pls add your comments to my newbie's view
. Remember I am a newbie too. This jan i will complete my first year of Forex journey. So treat my analysis as paralysis
looks like it is heading down to 100p from my entry ( collected 73 green only) updated: it touched 2nd weekly thingy for 160p from my entry