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Attachments: TMS for Newbies Part 2
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TMS for Newbies Part 2

  • #981
  • Edited 5:40am May 20, 2016 5:07am | Edited 5:40am
Quoting Lookleft
EURJPY H1 +30 One of today's bread and butter trades. Price had retraced after the news spike but failed to break DOL. APB closed outside PAC and below 200ema and RN with good momentum. Strong TDI cross at 50 level and just below MBL. Target set at yesterday's low just above BRN. {image}
Hi Lookleft,

you allways wait to green line cross yellow MBL, and than make a Entry?
You are from UK, you observe and trade LO?
How you take line (50) into TDI indicator?

Dan
  • #982
  • May 20, 2016 9:58am May 20, 2016 9:58am
I see a chance to buy on EURCAD.

W1 is on 3rd up candle. Yesterday D1 candle close above 5 and 10EMA. There is the H4 candle close above 5 and 10EMA on this day (see charts below). SL at the low of previous H4 swing. Tp manually. Risk: entry before the CAD news come out and tomorrow is weekend.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCADDaily.png Size: 86 KB
Click to Enlarge Name: EURCADH4.png Size: 98 KB
  • #983
  • May 20, 2016 12:35pm May 20, 2016 12:35pm
i have a very stupid question BUT thank God the thread is for newbie lol

1) what is BRN ?

2) My TDI anglelator is not showing any arrow (pic attached)
Attached Image
  • #984
  • May 20, 2016 12:54pm May 20, 2016 12:54pm
Quoting ninh hoang
I see a chance to buy on EURCAD. W1 is on 3rd up candle. Yesterday D1 candle close above 5 and 10EMA. There is the H4 candle close above 5 and 10EMA on this day (see charts below). SL at the low of previous H4 swing. Tp manually. Risk: entry before the CAD news come out and tomorrow is weekend. {image} {image}
Looking very much like a Head & Shoulders pattern on the Weekly​
  • #985
  • Edited 4:08pm May 20, 2016 2:28pm | Edited 4:08pm
Quoting dbest
i have a very stupid question BUT thank God the thread is for newbie lol 1) what is BRN ?
Big Round Number e.g. 1.3000
Thanks for your help, warmth and straight talking Heather.
  • #986
  • May 23, 2016 1:26am May 23, 2016 1:26am
Quoting Trader MT4
{quote} Hi Lookleft, you allways wait to green line cross yellow MBL, and than make a Entry? You are from UK, you observe and trade LO? How you take line (50) into TDI indicator? Dan
Hi Dan,
I think you have some of the answers to your question you posted on the TMS thread.
Remember the TDI is not just about crosses. Where the cross is in relation to the MBL, TDI level and VB (if used), what the angle of the price (green) line and angle of the signal (red) line is and the position and angle of the MBL all give information about an entry. The TDI gives a lot of information so pick a version that suites your style, learn what it is telling you and stick with it.
Regarding the 50 level, if 68 is regarded as overbought and 32 is oversold the 50 level can be regarded as the market mid point.
I trade from LO to NYO +3.
Hope this helps
Never argue with a fool; onlookers may not be able to tell the difference.
  • #987
  • May 24, 2016 7:25am May 24, 2016 7:25am
Hi Lookleft,

Thanks for your reply.

I trade mostly on > H4.

Currently, I am selling EURUSD and buying USDJPY.

I have sold Gold from yesterday.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 34 KB
Click to Enlarge Name: EURUSDH4.png Size: 29 KB
Click to Enlarge Name: GOLDH4.png Size: 36 KB
  • #988
  • May 24, 2016 6:12pm May 24, 2016 6:12pm
Quoting dbest
2) My TDI anglelator is not showing any arrow (pic attached) {image}
Hi you have to type in the defenition box the exact name of your tdi
  • #989
  • Jun 8, 2016 10:09pm Jun 8, 2016 10:09pm
some chart to wake up the thread
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 39 KB
Do it like a Fool
  • #990
  • Jun 8, 2016 10:17pm Jun 8, 2016 10:17pm
trading is not hard. just need to be patient and read charts. chart tells you everything you wanted to know. important thing is understand PriceAction, Support and resistance. there you go, you got the weapon of yourself. TDI will serve you as the entry confirmation greatly. all you need to do is hold your weapon and wait your prey to come.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDH4.png Size: 34 KB
Do it like a Fool
  • #991
  • Jun 9, 2016 4:34am Jun 9, 2016 4:34am
Quoting Foolsgame
trading is not hard. just need to be patient and read charts. chart tells you everything you wanted to know. important thing is understand PriceAction, Support and resistance. there you go, you got the weapon of yourself. TDI will serve you as the entry confirmation greatly. all you need to do is hold your weapon and wait your prey to come. {image}
Well said, couldn't agree more.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #992
  • Jun 9, 2016 6:58am Jun 9, 2016 6:58am
Quoting Foolsgame
some chart to wake up the thread {image}

Thanks for the chart please continue posting! I follow this thread along with a few other TMS threads.

I'm curious why you don't use APB candles as I have been debating that myself? I know the APB shows the trend more clearly but the Japanese candles shows more PA.
Successful people do what unsuccessful people are not willing to do
  • #993
  • Jun 9, 2016 8:52pm Jun 9, 2016 8:52pm
Quoting TampaFX
{quote} Thanks for the chart please continue posting! I follow this thread along with a few other TMS threads. I'm curious why you don't use APB candles as I have been debating that myself? I know the APB shows the trend more clearly but the Japanese candles shows more PA.
it depends on you bro... both have their pros and cons and for me i like candlestick more
Do it like a Fool
  • #994
  • Jun 10, 2016 2:38am Jun 10, 2016 2:38am
Quoting TampaFX
{quote} Thanks for the chart please continue posting! I follow this thread along with a few other TMS threads. I'm curious why you don't use APB candles as I have been debating that myself? I know the APB shows the trend more clearly but the Japanese candles shows more PA.
Hi,
As FG said both APB and Japanese candlesticks have their pros and cons.
The APB as shown by it's name (Average Price Bar) removes the choppiness that is seen with Japanese candlesticks. They also show the current overall price better by removing the choppiness. You are right about PA as Japanese candlesticks make it easier to see pin bars etc. I always have a Japanese candlestick chart open alongside my APB chart to get the best of both worlds.
Post your charts and ask any questions and someone will be along to reply.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #995
  • Jun 15, 2016 4:04am Jun 15, 2016 4:04am
AU long possible.. but take note on the BRN facing now
* and 200 ema in D1 chart
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 44 KB
Do it like a Fool
  • #996
  • Jun 15, 2016 2:45pm Jun 15, 2016 2:45pm
Quoting Foolsgame
AU long possible.. but take note on the BRN facing now * and 200 ema in D1 chart {image}

Did you take the trade? I stayed out with FOMC but thanks for the chart!
Successful people do what unsuccessful people are not willing to do
  • #997
  • Jun 15, 2016 10:59pm Jun 15, 2016 10:59pm
Quoting TampaFX
{quote} Did you take the trade? I stayed out with FOMC but thanks for the chart!
nope. but will get some today if condition meet
Do it like a Fool
  • #998
  • Jun 16, 2016 5:56am Jun 16, 2016 5:56am
Quoting Foolsgame
{quote} nope. but will get some today if condition meet
Looks like AUD data and BOJ spoiled the party so far, going to have to watch and wait a bit longer
In the meantime a quick scalp according to synergy rules of using the TDI (which went a lot further than expected giving an R:R of 1:2.5). Price had been rejecting the 1.1300 BRN for some time. Waited until after EUR data and price to close below DOL, 200ema and Daily 10ema.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 31 KB
Never argue with a fool; onlookers may not be able to tell the difference.
  • #999
  • Jun 16, 2016 6:51am Jun 16, 2016 6:51am
Quoting Lookleft
{quote} Looks like AUD data and BOJ spoiled the party so far, going to have to watch and wait a bit longer In the meantime a quick scalp according to synergy rules of using the TDI (which went a lot further than expected giving an R:R of 1:2.5). Price had been rejecting the 1.1300 BRN for some time. Waited until after EUR data and price to close below DOL, 200ema and Daily 10ema. {image}
yup, and hey you stole my trade miss out those trade when i taking my nap
Do it like a Fool
  • #1,000
  • Jun 23, 2016 12:04am Jun 23, 2016 12:04am
Quoting Lookleft
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...
Hi Lookleft

Nice TMS result. I trade H4 TF and it had been O.K. just one month which average +150 Pips for week.
Now it's been down.... Do your trade is profitable month by month ? I had been practice & trade about 9 months but still up and down... Do you have any advice to me ?

Thanks in advance
San
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