DislikedLooking to follow this strategy did try the TMS for daily chart but had no success! seems easy when reading but i guess there is more to itIgnored
Allow me to sum up trading simply.
Price goes from support to resistance and reverse.In between traders make their entries.Does not matter the method if you understand Price Action.
TMS is focusing on entries TDI cross +PA
They are basically 2 types of traders. Ones that wait until price reaches extremes or key S/R and the other which just follow price.
In my understanding TMS is about following price.Advatage of this method is that opportunities are plenty.
Nobody here complains that they can't find trades.Daily is difficult to trade because it requires greater SL and DD but 30min is perfect average pip distance of 50pips.Make 200pips a week and you are golden.
To GS 200pips is a hiccup Focus making simple entries
In addition pay attention to major news events.Yellen speaks tomorrow for example.Being aware of news should be part of trading like breathing oxygen.Its that important. Market reacts to news and you should be aware what's coming.
regards
In trading, you have to be defensive and aggressive at the same time