I took below trade. TDI angle is not so good but there is a divergence and a rejection bar. Green, red and yellow are not near oversold area. I hope it will reach my TP 
- #783
- Apr 28, 2016 3:55pm Apr 28, 2016 3:55pm
- Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts
This would have been a good trade correct? I see everything right here so if Im wrong please let me know. Bearish Engulfing, closed below PAC, TDI and Stoch in agreement, large candles...... please tell me I am right{image}
If you are good at something, never do it for free--Joker
- #786
- Apr 28, 2016 9:46pm Apr 28, 2016 9:46pm
- Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts
If you are good at something, never do it for free--Joker
- #789
- Apr 29, 2016 12:38am Apr 29, 2016 12:38am
- Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts
If you are good at something, never do it for free--Joker
GBPUSD H1 +115
Follow up to my post earlier with the GBPUSD set and forget stress free trades for the week.
Only black mark was Wednesday when I forgot to check for GBP news
and got stopped at B/E.
All trades had an emergency S/L of -30 pips. Once price had moved about 10 pips my way or showed good momentum S/L was moved to -15 pips and Cavemanager was left to manage the trade moving S/L to BE after 20 pips and closing trade at T/P. I didn't even bother at looking at the chart until the end of most days.
Apart from today which was a counter trend trade (hence smaller T/P) all trades with the trend based on price above 200ema on H1 and H4.
Do this with 3 or 4 pairs a week and I can assure you it's a nice little earner
Have a good weekend all and remember UK has a bank holiday on Monday and today is the last trading day of the month.
Follow up to my post earlier with the GBPUSD set and forget stress free trades for the week.
Only black mark was Wednesday when I forgot to check for GBP news
and got stopped at B/E.All trades had an emergency S/L of -30 pips. Once price had moved about 10 pips my way or showed good momentum S/L was moved to -15 pips and Cavemanager was left to manage the trade moving S/L to BE after 20 pips and closing trade at T/P. I didn't even bother at looking at the chart until the end of most days.
Apart from today which was a counter trend trade (hence smaller T/P) all trades with the trend based on price above 200ema on H1 and H4.
Do this with 3 or 4 pairs a week and I can assure you it's a nice little earner
Have a good weekend all and remember UK has a bank holiday on Monday and today is the last trading day of the month.
Never argue with a fool; onlookers may not be able to tell the difference.
GBPUSD H1 +115 Follow up to my post earlier with the GBPUSD set and forget stress free trades for the week. Only black mark was Wednesday when I forgot to check for GBP news
- #795
- Apr 29, 2016 7:05am Apr 29, 2016 7:05am
- Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts
GBPUSD H1 +115 Follow up to my post earlier with the GBPUSD set and forget stress free trades for the week. Only black mark was Wednesday when I forgot to check for GBP news
If you are good at something, never do it for free--Joker
- #797
- Apr 29, 2016 7:16am Apr 29, 2016 7:16am
- Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts
I go on a vacation and when I get back this thread is up to 40 pages of excellent information, took me several days reading to catch up! Newbie question please; I have seen a few comments on TMS forum when people refer to 'volume increasing', now where am I supposed to infer volume from on the standard TMS screen setup? My understanding is that increasing height of HA (or APB) candles shows increasing momentum, not volume, and there is no conventional bar-chart style volume indicator at the bottom of the page. Where should I detect increasing volume...
That's said, if you find that it helps you somehow, use it. But it just gives you that much more to think about.
Finally posted my first chart, Gbp/jpy took as broke yesterdays low and brn, looking to run to next brn but looking oversold on tdi and diverging so took the 51 pips {image}
If you are good at something, never do it for free--Joker
{quote} Volume has nothing to do with TMS. Perhaps you were looking at another thread. That's said, if you find that it helps you somehow, use it. But it just gives you that much more to think about. {quote}
I am guessing he meant momentum then?
- #799
- Apr 29, 2016 4:03pm Apr 29, 2016 4:03pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
{quote} Volume has nothing to do with TMS. Perhaps you were looking at another thread. That's said, if you find that it helps you somehow, use it. But it just gives you that much more to think about. {quote}
Also, as you've said it isn't part of TMS and the point of this thread is to allow newbies to TMS to learn the basic system as Big E set it out, without (as he mentioned several times), people adding other indicators.
Doing what you like is Freedom. Liking what you do is Happiness.
- #800
- Apr 29, 2016 4:11pm Apr 29, 2016 4:11pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.