EXIT STRATEGY - your trade exit is more important than your entry - if you take every trade with a minimum risk-to-reward 1 to 2, you will have a statistical EDGE back to the M5 trade today, - how did the member exit his trade ? +2R or +3R or +4R ...

Trading Made Simple

regarding this M5 trade, the member did the correct thing. 1. He noticed the H1 was in consolidation with the big candle and small candles ... post #647. That's a H1 Master Candle. In this instance, there are two consecutive master candles. The ...

Trading Made Simple

one member posted this M5 trade in the Telegram group. Its risky but did work out. the price action was a BEEOB setup candle, image ...

Trading Made Simple

Hi @Mr777 There are many who have tried TMS and have given up. I know the reasons why. There are 35 reasons. And the OP mentioned just one which make the 36th reason why most failed. When I started retail trading in mid-1980s, I also lost money ...

Trading Made Simple

XAU Oct 21 M5 Tokyo 1125am - not A+++ , this type of setups has only 40% win rate with R:R 1:3 - but if you are willing to control risk, then go for it. - just beat-yourself-up if you have to take one two losses today image ...

Trading Made Simple

@whiteso, New here ! You will find what you ask for in 185 posts of the OP @SwingMan. Take your time, read, study and take notes of every post and charts, digest what @SwingMan had written in his posts, be active and participate in trading ...

Golden-Cross Trading-Idea

XAU Oct21 M5 Tokyo 11am - no trade at this moment - look at the price action and the TDI information. - widening volatility band, TDI green and red below yellow MBL - quick check of H1 you will see consolidation ... a Master Candle - learn to read ...

Trading Made Simple

@fream1 @SwingMan' post #313 I like to see all three charts - Weekly, Daily and H4 in one screen. This way I can day-trade and scalp in the direction of the dominant trend and maximize profits. CHFJPY Oct 21 - Weekly is clear - Daily is also clear - ...

Golden-Cross Trading-Idea

Trading for a Living - By Dr. Alexander Elder url its what you do according to your own beliefs that matters . ...

Trading for a living

@Heretotrade Very simple and elegant way to trade with moving averages. Requires strict discipline to follow simple rules for entries and exits. Clean and clutter-free charts is the way to go. All the best. ...

My scalping strategy using EMA's

Here is some motivation for you. It is hardwork but very rewarding in my retirement years. XAU Oct 20 trades closed. image ...

Trading Made Simple

Trading Made Simple Tuesday Oct 21 Start of day, quick look at TMS Monitor for Daily setups and the longer term trend, image Then zoom into the TMS_V19 EA for more details Daily image My favourite timeframe for entries is the M5, same use ...

Trading Made Simple

I start my trading day with the Daily all the time, just do a quick scan of all trending pairs. XAU is still the top winner this year image then look for trade opportunities on M5 which is my favourite timeframe for entries, and I only check once ...

Golden-Cross Trading-Idea

hi @SwingMan I have this example now. M5 Inside Bar If I place a buy-stop above the Inside Bar, is this valid according to your system rules? image ...

Golden-Cross Trading-Idea

Do you mean the TMS_V19 EA and how to use that ? Use the EA to help you learn to trade TMS 5-Method. Go back to this recent post #150,884. url ...

Trading Made Simple

XAU Oct 20 h1 London 1pm - price action with bounce 8.1 - breaking Asian high is good image ...

Trading Made Simple

XAU Oct 20 London 1pm image ...

Golden-Cross Trading-Idea

Dear @SwingMan This is what I have been waiting for is to get you to comment on my posts. You have been rather quiet lately in your own thread. The interest have also died down after the initial start At the initial stage when you started I tried to ...

Golden-Cross Trading-Idea

USDCHF Oct 20 H1 London 9:43am - dynamic entry has more risk - especially when market is in consolidation image ...

Trading Made Simple

XAU Oct 20 M5 London 8:45am An example of a PCRF, this time is M5 but we have Asian session high on the left which can be show-stopper image ...

Trading Made Simple