Trading Made Simple

Quoting muyir

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{quote} Prefer not. The angle is not ideal

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Quoting emmanuel7788

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{quote} what is more important is the Price Action at Support & Resistance PASR and these must be given more weight when we trade TMS with the TDI set to the Synergy Pro TDI setting. The angle or the slope of the TDI Green when it is very steep means the price has ran very far... i.e. big candle just like the H4 close now. You would not want to chase after a big candle which means you do not get a good entry price and face with pull back or retracement. Look the the H4 candles before that TDI cross, do you see High Low, then Lower High Lower Low...

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Quoting muyir

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{quote} HI Emmanuel, From the result's perspective, it is a great trade. However, it brings me back to re-consider the conditions of TMS. In fact, these 2 weeks I struggled with TMS systems and failed a lot of trades, while I got some success applying PA only, like usage of NR4IB. If I look at the chart you reminded of an entry signal, it is H4 chart. From SR and HTF trend, it is good. Going to match TMS conditions, the new bar is not closed yet. The cross point exists between the previous closed bar and new unclosed one. Strictly speaking, it is...

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Quoting emmanuel7788

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{quote} Hi, I was saying the entry price is not good meaning that if we sell after a big candle, our initial SL will be much higher above hence the Position Size using a larger initial SL would mean we have a smaller trade size. I updated the earlier chart posted to explain a few more things: - where the support and resistance seen on that H4 chart - the price action looking at the price bars (1,2,3 and 4) {image} BTW, is that Bar 2 a NR4IB?

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Quoting emmanuel7788

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{quote} Hi, I was saying the entry price is not good meaning that if we sell after a big candle, our initial SL will be much higher above hence the Position Size using a larger initial SL would mean we have a smaller trade size. I updated the earlier chart posted to explain a few more things: - where the support and resistance seen on that H4 chart - the price action looking at the price bars (1,2,3 and 4) {image} BTW, is that Bar 2 a NR4IB?

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Quoting muyir

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{quote} Hi Emannel, Thanks always for such a beautiful chart with detailed explanation. I alwasy have new findings. I was a little stubborn about TDI cross because i used to treat bottom words like unbroken rule within TmS. I copied from #6 and #54. Now I think i should treat whole TMS system like this, just for entry part. It contains bunch of stuff. - TDI cross - Stoch confirm TDI - Candle #1 or #2 rule - TSI slope or clock rule - Price Action - SR, Trend anlaysis - Market liquidity, trade TF vs market session - ... We need to consider all factors,...

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Quoting emmanuel7788

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{quote} you mentioned post#6, do you see a problem in that post?

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Quoting manoj_3986

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50 pips on EURAUD H1 today.{image}

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Quoting emmanuel7788

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to reply one PM on where I place my TP: I set my target at 1.4000 BRN we have to manage it one day and a time, EU has to overcome these levels, i.e. close above 1.3130 and 1.3170 before it can reach 1.400. we have to listen to the market and the news, events in the coming days ahead. If any things suggest that the USD will strengthen, i will bail out or at least I have my stops at the right place. {image}

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Quoting lahcenFX

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Thank you emmanuel7788 excuse for The many questions please give me your indicator BRN Support and resistance and excuse me For the second time thank you Sir emmanuel7788

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Quoting muyir

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{quote} sorry, i cannot see it

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Quoting muyir

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{quote} How to draw the horizontal arrow, which seems entry and exit? Is it customized indicator?

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Quoting emmanuel7788

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{quote} here below cut and paste of Post#6: <quote> Entries and exits... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce... Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal. If you add other things it will influence your decisions... usually to your detrament. Don't try to complicate it thinking...

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Quoting vmf2011

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Hello all, I've been reading this thread for days and my eyes are damn near bleeding from it. I have been pulling my hair out trying to figure out how in the hell to install the indicators and necessary files into MT4. I have googled it to no avail, tinkered with it for days to no avail, and am on the verge of throwing my laptop out the window. I only trade on Nadex, so I'd like to know if MT4 is my best option for charts? I opened a demo account and have been using that for any charting needed as of now. I'd sure love to try this system I've been...

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