Thread: Trading Made Simple

Assessing the TDI Red Green (Post#25) and the TDI_RT (realtime version).

The TDI Red Green (Post#25) repaints when charts are refreshed.



Below is exactly what the chart loloks like after refresh and that's exactly what the TDI_RT resembles, both in history and in live market.

GBPUSD May 10 ... Big Day for GBP today

while it exchanged in very small D1 bars/candles.

Can you handle the volatility with little stop loss?
If you cannot, then stay out of the market today.



W1 is 'resting' on its 50EMA.

Most frequently quoted disclaimer in FF:
Five fundamental truths:
1. Anything could happen.
2. You do not need to know what is going to happen next in order to generate money.
3. There's a random distribution between wins and losses for any given pair of variables that define an edge.
4. An edge isn't anything more than an indiion of a greater likelihood of a single thing occurring over another.
5. Every moment on the market is unique.
-- Mark Douglas

Originally Posted by ;

quote @, you're only passing by this thread. The first time I posted that greater timeframe background candle was in Oct 2012. Download its is not demands in trading TMS but just use to describe how I view that the greater interval candles .

Yes I was interested in the system and I began studying. Thank you very much !

Is it feasible to have also the weekly one which indies you that the open and the ranges?

market gbpusd h4 36 pips

I've trade sell GA, promote EA, buy AN
Anyone sell it? When do you close it?

Originally Posted by ;

quote there is still another 100 pips move to ch today... when that WRB with 'hidden gems'get stuffed. Lt;target the region between 1.2950 and 1.3040gt; in the D1 chart you're right that is a WCC seen only in the Weekly charts. But with WRB, we see them in each chart timeframe from Monthly, Weekly, Daily H4, H1 down to M15 and M1. People WRB with 'hidden gems' are good to exchange. Example is the H4 WRB following the breakout. That WRB can lead to price drop back today before it determines what to do. Remember these five famous quotes by the late...

Hallo from Germany, I ask for, how should I read the TMS Monotor 1.1. And how exactly I Change the size of figures, the main qustion is, if I wait for recomandations until the end of the candle, or is it legitimate, because it apear ? Thank ahead of time

Originally Posted by ;

quote Hallo from Germany, I ask for, how should I read the TMS Monotor 1.1. And how I Change the size of amounts, the main qustion is, if I wait patiently for recomandations until the close of the candle, or is it legitimate, as it apear ? Permit beforehand

Hallo,


GBPUSD Week 19 :
Below is an example screenshot of this TMS Monitor through the first London session today.
It reveals a Strong Buy during that H4 candle.
I don't use this TMS Monitor recommendation as trade signs but just for the alarms it ship via mails .
My golden rule for trading is simple. Today is Friday and that I really don't open new 4H swing trades on Fridays. I close all my 4H swing trades by London session final time and with just 1 exception to this rule.
This week I don't have in my trade plan to buy GBPUSD. Taking a look at the past 5 times D1 chart and it is trading in rather narrow range, and considering W1 and MN equally are bearish, hence trading choice is very simple today, i.e. no 4H trades.

5-Method setup conditions and awake by TMS Monitor

The alerts/Recommendtions are predied on the TMS 5-Method setup conditions therefore you must know those installation requirements very well when you would like to exchange TMS 5-Method.
The 3 primary 5-Method setup requirements:
- the HA candle has to close over the 5EMA(Typical Price, Shift 3) to get BUY reversal,
- the HA candle has to be Green for Buy (clear)
- the TDI must have a positive slope, in this case the default parameter set from the TMS Monitor is minimum value=4



There are other states for example TDI rebound type of trades that can be utilized for re-entry or add-on trades (average in, scaling, etc).

You must use the TMS Monitor just as a tool to help you see those pairs you would like to exchange. I have 20 pairs.
You main trading chart is what you must look at all of the time when you receive alarms and you know what to search for to exchange.

ALWAYS have your trading chart ready alongside this TMS Monitor all on a single screen.
On your own trading chart, you always wait for the price bar/candle to close to verify the trade setup. This is the must follow rule no matter which version of the TDI you are using. The recommendation is instantaneous and it will change when the candle closes and the terms are no longer correct. This is reason why I always wait for the price bar/candle to close. If you jump in through the still active price bar/candle, you are taking more risk.

GBPUSD Week 19 May 10 review:

Observe the price -
MN reaches 10EMA
W1 reaches 50EMA
D1 is trading very narrow range nowadays,
hence H4 is choppy
H1 is for sniper type traders that are good at shooting moving goal with single shot.

Originally Posted by ;

GBPUSD Week 19 May 10 review: Observe the price - MN is currently at 10EMA W1 is currently at 50EMA D1 is trading very narrow range nowadays, hence H4 is choppy H1 is for sniper type traders who are proficient at shooting moving goal with single shot. picture

Thanks for your help. And where do I find this template with All These minicharts ?

Originally Posted by ;

quote Thanks for your help. And where can I loe this template with All These minicharts ?

Those are simple tools I use and they are free of charge here in FF.

Lookup these posts below.

Post#76,270 for your own pipware instrument

and

Article#193 to your TMS Monitor instrument

set up your charts with those simple tools how you wish to view them and use them. Rescue them.

Most important is you understand the 5-Method and the best way to trade the 5-Method.

Make sure you read those threads to get more information how to establish the indior (pipware) along with also the expert advisor(TMS Monitor).
In case you have queries, post and ask in those threads and I will try find time and assist there.

Have Fun.