Looking at the GBP/USD short trade on the daily TF you mentioned, i would have not taken it because of the overall uptrend. I would only look for trades in the direction of the overall trend. Look at the red line that goes with the trend, it will ...

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Hey everyone, i took this trade this morning when i woke up. noticed on the daily TF a good entry with TMS. TDI cross, second red candle, and stochastics turning down. I'm going to ride this until i see a tweak in the TDI or significant retrace. ...

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So guys, is the Stochastic still recommended to use for this method? I've tried it without, but it looks like it can help filter out trades.

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i think now is a good time to post a reminder of the ignore button. Works wonders when you only want to see certain posters on the thread. i still trade it like its laid out, with a few minor tweaks. I see no reason to stop the thread, if that ...

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No problem! You are correct he didn't directly mention it in this method, i think it does fall into the experienced eye category. Like any method you will have losers no matter how good the system/method is and how well it is followed. What is ...

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What i do is have two charts open, one with TMS and the other with regular Candlesticks. Unless i can catch it early, I usually avoid entering on a huge candle like that because the market tends to range around a bit after such a strong move. If you ...

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UJ's not looking too good. Seems to have been/still is ranging for quite some time. The only trade i would have taken would have been a long at london open this morning with EUR/AUD. It showed good momentum. Unfortunately i've been working late this ...

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Very true. The system itself is mechanical, but it requires the other basic FX knowledge and parts as well (psychology and money management to name a few) that make a successful trader.

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Catch the momentum right when it starts, thats why you enter on candle 1 or 2 color change + other rules. He said if the TDI "tweaks" its a heads up and if it starts to hook or the angle is no longer valid you exit no matter what. you can always ...

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I woke up at 3am Central time and didn't see any good trades. News had caused AUD to spike so i stayed away and price had already moved before london open. Hopefully LO will bring a trade tomorrow morning.

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I missed this trade at London open. Classic entry and would have been a great long trade! Did anyone else catch this one? It's hard for me to wake up at 3 a.m. I figured i would post it as an example. I know the MA on the HA candles are not there ...

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I actually have a version that does not move as the candle develops, i just prefer it that way since the moment the new candle forms it updates the red/green lines and they are fixed for the rest of that candle until a new one forms. With this ...

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Just pay attention to Phx62, Bizzle, and Snarlyjack's posts about TMS (hope i didn't leave anyone out). There are others too that have helped alot, but those i listed are the one's I've payed close attention to. Someone compiled Phx62's post into ...

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If you want to learn more about the TDI you can refer to CompassFX where Dean malone has a ton of videos that explain the indicator. I like the TDI because it does not move until a new candle forms, instead of moving the whole time price is ...

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Hi mkfx, i don't think it can be done easily, (please anyone, correct me if i'm wrong), unless the app supports custom indicators i would think it won't work. I use TeamViewer to remote connect to my computer at home, so i have full access of my ...

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Thank you Nellycopter, my thoughts exactly. It's not rocket science, but it is difficult. This method worked then and still does which is proven by contributors such as Bizzle, Phx62 etc. It is hard to fight off the urge to add indicators.

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I didn't really see any decent H4 trading opportunities last night around London open and i still don't see much. Momentum just isn't there.

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AUD/USD had a nice long setup last night while i was sleeping. I didn't get off work until 11pm last night and i slept right through my 3am alarm , but anyways on the H4 the TDI made a very nice cross and the cross occurred above the MBL as ...

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i agree, i was worried this was going to happen. It's a waste of time arguing over silly things. Moving forward!

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