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On daily nope still no sighn for shorting, i agree with Roock UP

I personally think its LONG period has ended from what I can see and I am also wanting to take that trade...!

What makes you think it's ended?

Ive never learnt how to catch a falling knife.

I always get cut

I think we need to wait because both scenarios are possible . Make comperation betwen black circle 1 and 2!

USDCAD In weekly chart is still bullish, I would wait for the weekly chart candle to be bearish

I think of taking the trade, to see according to the level of the prices in the opening.
If it is a change of trend, there is of numerous pips to be made.

Hi Samsha,

You are aware that there is another thread for this subject?
https://www.forexfactory.com/showthread.php?t=292301

I have been reading a lot in that thread and it appears to me they eventually had to add a lot of additional indicators. The EA was never really finished because the developers moved away from FF.

Happy trading,
Jansb000

NZDCHF short on H1, 30 pip TP and SL, 0.5% risk

Pixlab,

Last UC bar is a bearish pin bar, denoting possible trend change. This bar has been rejected by plum horizontal monthly SR line. The bar preceding it is a WRB which might
have consolidation bars following it. The breakouts of WRBs are close above-below its hi-lo. It is not advisable
to trade them it the time period they appear but to drop down one time zone and trade them there if they are wide enough
to make some money in.

https://www.forexfactory.com/attachm...1&d=1494203324

The two horizontal white lines on the daily chart are the hi-lo of the weekly WRB. Before we can trade in that area
we have to deal with the daily WRB. A Close below its low would do it. We are holding for short action here.

https://www.forexfactory.com/attachm...1&d=1494203324

Complete novice but to me the TDI angle is a bit weak

New: Hull Moving Average (HMA) of TMMA Short

1. HMA fusion with TMMA Short with APB calculation.
2. ON by default

Updates: TMMA Short & Long

1. Applied/Fixed the same type off ON & OFF button behavior like the HA-APB indicator.
2. Both is OFF by default

You may now download this updated indicator or ask technical question at the following indicator development journal thread >>> here.

Sell signal on H1 EURUSD, anyone disagrees?

So am I. We learn from our mistakes.

Hi Samsha,

I support this and would love to help, but I am not a senior professional trader, only in the process of understand how TMS works.

Attached are some PDF files for your reference, they are all coming from this thread, compiled by other senior FF member, like extract of TMS system, hopefully will save you a bit time.

As for the rules for the system, my understandings is there are some basic rules people viewing them as bones of TMS, and some others rules/indicators where traders added later to improve the performance, or to suit their personal style/preference.

I will try to list the basic rules as below:

Buy Entry:
TDI Cross (Green cross up Red)
TDI Angle (Green angled between 12-2 clock face)
Synergy_APB changed color (changed to BUY color)
Synergy_APB closed above 5 SMA
Enter on 1st /2nd bar

SL:
At Last Swing Low

TP:
Calculated based on R:R


Exit:
TDI Flat/Cross, or
Synergy_APB changed color

Please note this is just my interpretation, feel free to correct it if anything doesn't make sense.

There are a few other thread with same discussion regarding TMS EA, it all ends up half finished, part of the reason is, I believe, later additions are way too many, any new indicator could potentially change the fundamental of a system, unless they really have good logic supporting, otherwise just becoming curve fitting.

In terms of a rule based system, the less number of rules the more robust.

Happy to discuss and thanks for your effort.

EURCAD Week 19 end of current bullish rally

one of the best rally for the past 3 weeks, almost 750 pips.
if today's HA candle closes with change in colour, it will be Exit signal for buys.

its sitting at BRN 1.5000



too early to sell now as it may go sideways for days or worst case it can go back up and cause you huge drawdown for days and some cases I see, traders hild on to trades in drawdown for more than a week or two.

USDCAD Week 19 D1 chart May 8.

Last Fridays NFP candle close ended the bullish rally which lasted 13 days. A good run for those who traded the D1 chart following the HA candles and PAC rule with TDI Moderate mode.

Its still too early to sell now. Strong trends do not reverses violently unless there is exceptional market events to turn things around. we stay out and wait for the next setup candle. Or we can trade in the lower TF like H4 or H1 when the correction happens.

AUDCAD Week 19 :

Hi emmanuel happy trading week to you and all can i have your tmpl pls thanc you

As we see now, all 3 commod currency pairs - AUDUSD, NZDUSD and USDCAD , paused at BRN. We must take more caution now and listen to London session if these 3 pairs continues to weaken or they can correct after the recent move. Do not assume any reversal yet until we see them on the D1 chart TF. I know some low TF traders started to buy AUDCAD S61 and sell USDCAD R61 last week based on weekly pivots and market reaction. This wont work when the recent trend has been strong.

Thank you emmanuel7788 for info !!
I'm long at USDCAD !!