TMS for Newbies Part 2

Quoting Lookleft

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{quote} If you mean which TF do you manage a trade from. You should manage it from the TF you entered on or if you have walked it up a TF the higher of the 2). A good example is below. The first chart is H4 the second exactly the same time and pair but H1 entry was made on H4 at first blue APB above DOL. If you looked at the H1 to manage your H4 trade where would you have exited. {image} {image}

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Quoting TheScorpS

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{quote} Implemnt what Big E , Green above Red and a potential TDI bounce or what Phx62 have shown in his books based on MBL trending up, use whatever u like, PA had forms a new structure high or HH, followed by Higher Lows too, while PA was forming Higher Lows TDI green and red were stornly north, so that top that acted as resitence , was only a confirmation of longs trades and based on TDI was meant to be broekn Sup and Res are meant to be broken too, that dosent mean go trade agaist em, just check if they forms a double tops, triple tops, or they...

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Quoting foxtrader16

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{quote} Thanks. I do understand that there more than 1 way to get to this and you have very succinctly put it here. Would you be able to share this book by Phx62 that you mention here ?

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Quoting omonisha

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{quote} You can find all the books inside the paperclip of the original TMS thread. If you like there other resources also put together by our member tibovwh . you can find the drive link at this post. Happy reading Post 62,942 {image}

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Quoting omonisha

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{quote} You can find all the books inside the paperclip of the original TMS thread. If you like there other resources also put together by our member tibovwh . you can find the drive link at this post. Happy reading Post 62,942 {image}

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Quoting griffinssoul

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{quote} brilliant! .... just a brilliant post RJ - this is core TMS that is missed by so many IMO - i am like so glad we have this thread now - otherwise noobs wouldnt even have a chnce 2 know this

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Quoting MoneyTalks58

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After candle close, if the bias won't change, I am going to be in EURNOK short trade. It looks promising in my opinion. {image}

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Quoting foxtrader16

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{quote} Thanks Lookleft. If I had to go by H1 I would have exited at the BRN of 161.000 But on the other hand if I stayed on with H4 wearing my blinders, I would stay on with the trade and look to see how our dear TDI behaves or misbehaves. In fact this is probably a scenario where having multiple lots at entry help. I can close 1 lot, and move the SL of the other to BE and wait and watch.

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Quoting MoneyTalks58

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{quote} Bad trade for me. Terrible choice.

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Quoting omonisha

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{quote} You can find all the books inside the paperclip of the original TMS thread. If you like there other resources also put together by our member tibovwh . you can find the drive link at this post. Happy reading Post 62,942 {image}

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Quoting trade786

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I{quote} Eurnok is a dangerous pair you cannot trade that unless your a professional trader it has high spreads and whipsaws can take u out in seconds u would need a much larger stoploss

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Quoting antonym

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{quote} I cannot understand this sentence: Sup and Res are meant to be broken too, that dosent mean go trade agaist em, just check if they forms a double tops, triple tops, or they convergence with a trend-line, then with TDI confirmation no longs is taken and follow structure resistance Could you give a more specific example on what scenario would you consider not taking this long trade? Thank you.

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Quoting TheScorpS

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{quote} Have a look at the same chart, look how to view the market with TMS {image}

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Quoting kilns

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Have just entered this trade after the bounce on H4, does it look good? {image}

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Quoting TheScorpS

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{quote} Have a look at the same chart, look how to view the market with TMS {image}

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