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  • #60,001
  • Aug 27, 2015 3:03am Aug 27, 2015 3:03am
EURUSD 27Aug M15 setups:

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,002
  • Aug 27, 2015 3:08am Aug 27, 2015 3:08am
Quoting emmanuel7788
EURUSD 27Aug M15 setups: {image}
bounce trade and sharper angle of TDI? just having a guess - new here but have read virtually every post
  • #60,003
  • Aug 27, 2015 3:20am Aug 27, 2015 3:20am
Quoting emmanuel7788
EURUSD 27Aug M15 setups: {image}
Because of the divergence.
Also, I see that in the first one, the 3rd candle seemed a good candle to enter, so it was a little late. On the second setup, the 2nd candle was looking like a nice HA candle to enter. Just like Big E told us: a good entry is done on the first or the second candle.
And on the second setup, the green crossed the yellow.
  • #60,004
  • Aug 27, 2015 3:30am Aug 27, 2015 3:30am
Quoting emmanuel7788
EURUSD 27Aug M15 setups: {image}
Hi all!
Because green angle right in setup #2
  • #60,005
  • Aug 27, 2015 4:33am Aug 27, 2015 4:33am
Come on folks,
you got to participate in order to learn to trade TMS 5-Method.
20 pips a day is impossible when you know what to do.

Ancient wisdom:

I hear and I forget.
I see and I remember.
I do and I understand.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,006
  • Aug 27, 2015 4:34am Aug 27, 2015 4:34am
40 pips booked from EU M30 trade. I exited the trade because the last HA candle was smaller than the previous one, and the TDI was starting to curve.
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  • #60,007
  • Aug 27, 2015 4:35am Aug 27, 2015 4:35am
The first one was before FO so there is low volatility as we can see with candles size.
Moreover, in the second one green has also crossed yellow an was below 50.

Thank you very much for your time.

-
Quoting emmanuel7788
EURUSD 27Aug M15 setups: {image}
  • #60,008
  • Aug 27, 2015 4:38am Aug 27, 2015 4:38am
Quoting TezzTurd
{quote} bounce trade and sharper angle of TDI? just having a guess - new here but have read virtually every post
Quoting catalin_eros
{quote} Because of the divergence. Also, I see that in the first one, the 3rd candle seemed a good candle to enter, so it was a little late. On the second setup, the 2nd candle was looking like a nice HA candle to enter. Just like Big E told us: a good entry is done on the first or the second candle. And on the second setup, the green crossed the yellow.
Quoting Migleon
{quote} Hi all! Because green angle right in setup #2
Thanks guys for particpating.

Good attempt. You got some of the basics using the TDI and HA candles.

But remember when we trade the lower TF H1 and M15, it is the "Price Action is KING".
When we trade M15, we target the 20pips with small SL.

Let's wait for more members to try this before I share what I see.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,009
  • Aug 27, 2015 4:45am Aug 27, 2015 4:45am
It's crazy these days. The past hour, I see EU, GU and UCad going in same direction but AU and NU complete opposite.

But the Weekly say USD is bullish.

With US data later when NY session open, we will see some nice action.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,010
  • Aug 27, 2015 4:45am Aug 27, 2015 4:45am
Quoting emmanuel7788
EURUSD 27Aug M15 setups: {image}
Here is my interpetation:

The first two candles are very small and still above the yellow channel.

TDI on second box has a better downwards angle.
The second candle on the second setup has broken the channel to the downside

PS: how do you set up the dual yellow channel ME's?
  • #60,011
  • Aug 27, 2015 4:47am Aug 27, 2015 4:47am
Quoting emmanuel7788
EURUSD 27Aug M15 setups: {image}
Also break of a trendline and price had pulled back to the 50 fib from previous high
  • #60,012
  • Edited 5:14am Aug 27, 2015 4:53am | Edited 5:14am
What is the trend? How do I see the trend?

These are common questions I get asked in PMs.

Look at USDCAD H1 chart below. How do we TMS trend traders determine the trend and when to buy and sell.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,013
  • Aug 27, 2015 4:53am Aug 27, 2015 4:53am
Candles are small at first cross- not much momentum
Second cross- bigger candles= momentum

Nice Divergence showing at 2nd cross of TDI


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Quoting emmanuel7788
{quote} {quote} {quote} Thanks guys for particpating. Good attempt. You got some of the basics using the TDI and HA candles. But remember when we trade the lower TF H1 and M15, it is the "Price Action is KING". When we trade M15, we target the 20pips with small SL. Let's wait for more members to try this before I share what I see.
  • #60,014
  • Aug 27, 2015 4:54am Aug 27, 2015 4:54am
Quoting emmanuel7788
It's crazy these days. The past hour, I see EU, GU and UCad going in same direction but AU and NU complete opposite. But the Weekly say USD is bullish. With US data later when NY session open, we will see some nice action.
Agreed mate. Will be good to see how it goes later.
  • #60,015
  • Aug 27, 2015 4:57am Aug 27, 2015 4:57am
Quoting emmanuel7788
Come on folks, you got to participate in order to learn to trade TMS 5-Method. 20 pips a day is impossible when you know what to do. Ancient wisdom: I hear and I forget. I see and I remember. I do and I understand. {image}
Tdi coming out VR bands so we should expect some cosolidation. This was the case as seen by very poor angle on tdi cross and no strength in PA. Third red bar was stronger but as per big e rules take candle 1 or 2.Second box: big pin bar rejected 4h high followed by good bearish engulfing and better angle on tdi. Combined with divergence and mbl turning
  • #60,016
  • Edited 6:44am Aug 27, 2015 5:00am | Edited 6:44am
Quoting emmanuel7788
{quote} {quote} {quote} Thanks guys for particpating. Good attempt.
Attempt #2.

We have:
1) EMA50 near RN 1.135
and in setup #2
2) 2nd rebound from the resistance level
3) break pattern IB.
and
4) after green red cross candle #2
5) good angle of green line
  • #60,017
  • Aug 27, 2015 5:09am Aug 27, 2015 5:09am
Went long on gold on M30. I hope OB zone will not be a problem, since on H4 the downside seems to have ended, price made very small candles, and TDI crossed to the upside, showing bullish potential.
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  • #60,018
  • Aug 27, 2015 5:10am Aug 27, 2015 5:10am
Quoting emmanuel7788
What it the trend? How do I see the trend? These are common questions I get asked in PMs. Look at USDCAD H1 chart below. How do we TMS trend traders determine the trend and when to buy and sell. {image}
trend by use of Moving averages or Higher highs and higher lows for uptrend and lower highs and lower lows in downtrend - to enter a trade usually wait for a pullback into some type of support or resistance being previous price action, fib levels or significant ema's 200 and 50 for example - other indicators confirm entry TDI, PAC. Candle patterns etc - just my two cents hoping to get more educated though.
  • #60,019
  • Edited 6:46am Aug 27, 2015 5:11am | Edited 6:46am
Emmanuel:

This is the first post I have made in years; but here it goes. The question you asked of why the second entry is better than the first is the Bearish Blow off bar.. It has another name, I remember a Pinocchio bar due to the "long nose" rejection. but I found it coincidentally off of a PDF you submitted those years ago on S3 I believe.... For me... Confirmation would have happened at the break of the previous low...Giving us a double top, at a place of confluence with your moving average and 50's area. Confirmation is with lower lows. I don't like the DT's with second hump going the higher (wrong way) myself, but hey do happen. Good day.

Lazylobster
"IN CASH WE TRUST"
  • #60,020
  • Aug 27, 2015 5:12am Aug 27, 2015 5:12am
Quoting emmanuel7788
It's crazy these days. The past hour, I see EU, GU and UCad going in same direction but AU and NU complete opposite. But the Weekly say USD is bullish.
Sorry for the stupid question can be a beginner, but I always think, why we analyze the higher timeframes for making decision about the direction of the trade?
W1, D1, ... it's - history. At short timeframes, we see what is happening here and now, is that tomorrow we will see on the D1, W1, M...
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