image H4 is at resistance and looks to be reversing. Weekly is ranging in the other direction. Stoch and TDI are below 50. This looks to me like a short-lived retracement that will resume downtrend in the near future. Could be a setup when it ...

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Looking at this as a D1 setup, Mehdi Method 2. Only concern is it isn't above the MBL. While it is near resistance on the daily, the monthly shows ro0m to advance. Even the daily has 60 pips or so of room. image image

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This looks like a Mehdi Method 1 setup to me: Second bullish bar (i.e., trigger bar); TDI line over MBL and TDI Signal; Stochastic over 80. Also, volatility bands wide, so no consolidation happening. image

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@Emmanuel7788 - for this week's big picture review, one notes UC and GU as trending at a W1 level, but ranging at an MN1 look. Given that UC, for example, has been trading downward for the last nine months (and last seven weeks), should one not ...

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Someone posted earlier today asking for this. Please, if you are a beginner, wait until you have the TMS-5 method down cold before you look at this. You will just get yourself in trouble.

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That's funny - that's how I was trading (retracements on the M15 / H1 TFs) - not super successfully until I discovered this thread and TDI. Having gone through a number of methods (Mehdi/Graviton/Dean Malone) since joining, I feel like I am ...

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@Tekkies - you're right, I am still learning; but even so, I am up for the week; so, I will just keep working at it. You're a retired centimillionaire yourself, right? image

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Emmanuel7788 - That's an efficient indicator on the right of your charts. Did you have it made custom, or is it available in this thread? If it is custom, can you please point me to the author? Thanks.

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Emmanuel3778 - I entered on D1 setup; H1 was there just to show what I was thinking. I saw the swing on EU D1, and it looked to me like it could go down as far as approximately 1.092. At the time of trade entry (red vertical line on the posted D1 ...

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Emmanuel7788 - Common sense question that I am trying to fit into either the TMS or your TMS-II method: I recently sold EU. Today it ate a 60-pip advance after the latest FOMC rate raise. While I am not stupid enough to play with knife edge trades, ...

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Nope. H1 where I am (EDT) has the RSI line over the trade signal line in the TDI, with Stoch flat. Wouldn't touch it with a stick.

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Have you read the first several posts? There is a good explanation there.

Trading Made Simple

Emmanuel3778 - Just wanted to thank you for keeping the thread going. Between the TMS 5 method and Mehdi's ideas, I have had a good week (and it's only Thursday!). Next goal is 100 pips/day. Now to decipher your notes and figure out how to include ...

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Emmanuel - never mind - found your TMS II ME-ME notes - I'll chew on that for awhile. Thanks for sharing it.

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@Emmanuel7788 - Since I am piling up a syllabus to pursue - did you list your ME/ME rules in the thread? I did not see them. Thank you.

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Emmanuel7788, you really sent me down a rabbit hole. First to Mehdi's thread, which led to Fezmar's, which led to Graviton's. I'm going to be trading demo on this stuff for months. What I got out of all that is that you are using an ME/ME approach, ...

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Emmanuel - I look at the post above (141,103), and I see resistance pretty close to that last candle (at 1.32776). The last candle almost looks like a spinning top to me. Why do you consider that a trading opportunity? Thanks.

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Took this trade today. Can't see where I went wrong. Would appreciate some constructive criticism. image

Trading Made Simple

Took this trade this morning. Trying to see where I went wrong. Would appreciate guidance. Trade was taken at red vertical line. image

Trading Made Simple the right way, and other trading lessons

(I hope this thread is still alive!). I have been running MT4 on Ubuntu for a few years. One thing that's always bugged me is that I cannot view the news articles. I don't have this problem on OS X (TBH, under Crossover). Has anyone got that ...

MT4 on Ubuntu - Easy Install