- Search Energy EXCH
- 2scoops replied Jun 14, 2011
the exit is when the next candle forms we don't exit mid candle, check TDI if TDI green is flat strongly consider exiting, if check mark or hook definately exit.
Trading Made Simple
- 2scoops replied Jun 13, 2011
Get well soon BigE, but don't rush back, take it easy.
Trading Made Simple
- 2scoops replied Jun 13, 2011
Tom, Probably best to PM him - EA's are forbidden on this thread.
Trading Made Simple
- 2scoops replied Jun 13, 2011
I think the TMS system is a good one, watching the synergy videos seemed to help fill in the gaps for me. BiGE studied the Synergy method (amongst many others) and kept the bits he liked that worked for him. My feeling is that BigE follows alot the ...
Trading Made Simple
- 2scoops replied Jun 12, 2011
This has been answered a million times, don't trade weak angles on the green. You really want the angle to be as close to a 12 (long) and 6 (short) as possible, don't trade angles that look worse than a 2 or a 4. I aim for 1 and 5 angles or better.
Trading Made Simple
- 2scoops replied Jun 11, 2011
Its a very simple strategy but just look for TMS long setups near strong areas of support/trend channel bottoms and TMS short setups near strong areas of resistance and the tops of trend channels. Just be a bit careful of weak angles on the green ...
Trading Made Simple
- 2scoops replied Jun 10, 2011
Well thanks, I hope your feeling better. The red lines are just a trend line indicator that draws your trend lines for you. And the SR indicator just draws the major areas of support and resistance. They are there only to help you with the 4X ...
Trading Made Simple
- 2scoops replied Jun 9, 2011
This is what a sweet setup looks like when it forms, strong candle, perfect angle on the green, stochastic agreement. No support nearby. Sure its against the daily trend but look how many times price has bounced down from that area.
Trading Made Simple
- 2scoops replied Jun 9, 2011
Its Plamen's TDI indicator - its mentioned on the thread earlier on, I'm not posting it again.
Trading Made Simple
- 2scoops replied Jun 9, 2011
I hope you all caught this move today - I decided to bale out with 80 pips in the bag.
Trading Made Simple
- 2scoops replied Jun 8, 2011
Yes its all relative to the TF and pair, we don't measure candles as such, just eyeball them.
Trading Made Simple
- 2scoops replied Jun 8, 2011
I'd add news and support and resistance levels to that list: Dean has a good check list:
Trading Made Simple
- 2scoops replied Jun 8, 2011
How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation Are the previous candles small... Look at the candles on the last reversal... big, little, what How does the ...
Trading Made Simple
- 2scoops replied Jun 8, 2011
I think when your trading cautious your trading well, just follow the basic 4X checklist BigE told you to check and if everything matches up go for the trade - its simple.
Trading Made Simple
- 2scoops replied Jun 8, 2011
I actually don't think BigE recommends checking the lower TF, I think he said he sometimes checks the next higher timeframe up if he's unsure about a trade.
Trading Made Simple
- 2scoops replied Jun 8, 2011
Has been slow on the 4HR all week so far, I'm working from home today so I'm trading the 1HR also, not seen any 1HR trades I liked, missed the GBP news trade this morning.
Trading Made Simple
- 2scoops replied Jun 8, 2011
Nice analysis Dean. I would also add though that the candles were/are a little small and the angle of the green on the TDI is a little weak.
Trading Made Simple