Hanging onto the Dragon's tail GBPJPY H1 +200 First entry made on M30 after price closed the weekend gap and kept moving with momentum (check your candlestick charts for the gap APB and TDI give wrong information sometimes). Trade managed on H1 then ...

TMS for Newbies Part 2

As if to prove a point about small pips grow into bigger pips. A slightly risky entry but price had closed above 200ema and daily 10ema. Only problem was Y/H but with the big rejection from DOL momentum was there. TDI met all the criteria. This is ...

TMS for Newbies Part 2

Excellent post and almost exactly the way I have been trading for years. You can bet your bottom dollar that this is how the successful traders started. They then developed there own trading styles over a period of time. You will not be ...

TMS for Newbies Part 2

Understatement

TMS for Newbies Part 2

In addition to what TSS and LW have said. Look at where TSS had marked support and look why. You were trading into a BRN (154.000). When you see that situation draw a line on you chart and zoom out. I can see at least 4 times that price had reacted ...

TMS for Newbies Part 2

Thanks jmn5611, Not left just stepped back a bit. What's all this trouble you US guys are causing us EUR guys

TMS for Newbies Part 2

I don't think anybody is in competition, everybody is trying to help. We just need to remember who wants the help and the simplest way of providing it without raising expectation until confidence and competence is gained.

TMS for Newbies Part 2

Shame, but it looks like another thread that's degenerating into another 'you can get rich quick if you trade my way'. I thought the reason LW started the thread was to give newbies, who are probably on demo accounts, a help in getting a basic idea ...

TMS for Newbies Part 2

Something strange going on with EU. Got very spiky and twitchy as if someone is playing games and setting traps. Trade carefully

TMS for Newbies Part 2

eelfranz was a very aggressive trader and would quite often enter on color change providing everything else fell into place Not for the learner or anyone with a nervous disposition

TMS for Newbies Part 2

The real eelfranz 1st or 2nd candle entry method. Not many people seem to understand that one.

TMS for Newbies Part 2

As any example look at USDCAD H1 or H4. Price sat at BRN (1.2900), S61 pivot (read Davit's post #68) and YL. Now look left and you'll see previous S/R. H4 and H1 TDI below 32. So which way do you think is the likely direction price will move (and ...

TMS for Newbies Part 2

BRNs and RNs are a very strong S/R zones. The reason being that traders are lazy people and don't like working out numbers so they place their orders on nearest BRN's and to an extent RN's that's why you nearly always get PA at a BRN. They also ...

TMS for Newbies Part 2

Watch the BRNs

TMS for Newbies Part 2

Seems to be a lot of Fed people talking this afternoon so trade safe.

TMS for Newbies Part 2

GBPAUD H1 (nearly all finished ) ADR and RN's came into play and there is heavy S/R to the left. TDI hook and M15 APB color change which for me is time to get out. Looks like a retrace and with AUDUSD rising there might be a ride down later today. ...

TMS for Newbies Part 2

GBPAUD H1 (work in progress) +53 banked rest still running Initial trigger was seeing AUDUSD starting to drop. Waited for the break of the trend line which was above DOL, Friday's high and Daily 10ema (which I've marked on the chart). TDI bounced ...

TMS for Newbies Part 2

Hi If you check out the paperclip at the top you will find all the original indicators from that trading system without the names being change. However, I wouldn't discuss it on the forum as I think it is classed as commercial content. cheers LL

Trading Made Simple

And look where the BRN's (Big Round Numbers) are. You want confluence or what

TMS for Newbies Part 2

Hi, If you look at the chart posted by babasemi you'll see that at least 2 indicators are giving conflicting information. So which one do you follow As I said in one of my earlier post for every indicator you have on your chart you need a ...

TMS for Newbies Part 2