I just wanted to say something in relation to yesterday's controversy. Since SJ brought up LE1's thread... I started off by trying that system out, before I came here. In short, the system uses the TDI also, but unlike TMS not as a primary tool. If ...

Trading Made Simple

GJ long at the beginning of the 2nd candle of the NY session. I've set a 30 pip trailing stop and a 100 pip TP because I have a fresh H4 cross. I will be monitoring it from my phone while I'm out... Entry is a bit late because I got distracted edit: ...

Trading Made Simple

TMS in a nutshell... Nothing has changed that much All you need is Synergy APB or HA and the TDI. The rest is there for flavor as per personal preference, ADRs, session boxes etc.

Trading Made Simple

Google tells me it stands for west texas light oil or something

TMS and Me

If you take off all those support/resistance indicators you have on your chart and just look left, you'll see you shorted EJ into support Never forget that the most recent market structure has the highest impact on current pa. Forget daily, ...

Trading Made Simple

As much as I like stochastics, I find the TDI (which is essentially an RSI and a few moving averages) far superior, I'm sorry

What are your favorite trading myths?

Holy crap, I had no idea what xti stood for until now

TMS and Me

Okay first you need to relax. Secondly, stop doing all this technical analysis. It will lead you to the famous "analysis paralysis". Sit down in front of your screen with a clear head and look for what we've talked about yesterday: the TDI cross or ...

Trading Made Simple

I'm not going to indulge in a mindless flamewar against you or Emm for that matter. Emmanuel is NOT the only one who kept this thread alive and what you're saying does not justify being his fanboi. You have your own opinion, a lot of us have ours. ...

Trading Made Simple

Likewise, or if I didn't have the H4 tdi on my chart, I'd also give a shot on GBPAUD because theres a test of the trendline, neat TDI cross, divergence etc. But going by the fact that it's now 7 pm on a saturday, I really doubt I'll pull the trigger ...

Trading Made Simple

Okay, I'll bite. My favorite myth is that if you're getting a 1-10% increase in your account equity weekly/monthly/yearly, you should be extremely happy. While that's true for those who have million bucks accounts, it's not if you're let's say ...

What are your favorite trading myths?

Just like LW, I trade H1 with the H4 TDI on my chart

Trading Made Simple

Setting and forgetting is by far the best approach to trading

TMS and Me

I take a trade at LO if there is anything good, I'd wait until the open of the second hour after london open if I can't find anything good before, but very rarely. I tend to overtrade if I stick around too long. This is what I see every morning, 15 ...

Trading Made Simple

I have yet to work up the guts to do that, but actually the moment you do that, it's the moment you manage to let profits really run. But 1) I'm too lazy to wake up 2 hours earlier to catch the first candle open and 2) patience is not one of my ...

TMS and Me

Don't worry about it. TMS often goes off-course and reminders are needed. Please keep in mind this is a free forum and just about anyone can post a bunch of bulls#@! and make himself sound like he knows stuff. It's important for us to do our own ...

Trading Made Simple

And picking the right market, avoid consolidation! But yup, it's just that simple

Trading Made Simple

I personally find the EMA redundant. It doesn't filter many trades for me and I just use a 200 and 800 EMA as support or resistance levels. I used to have a 10EMA on my chart but found that it just complicated things and I never used it as much as I ...

Trading Made Simple

I see, well as I've said in the past market's exactly the same on any TF, only difference is the distance moves travel and the speed they travel at. And besides, H1 is M30/2 so it can't be that different. I was just curious why not m15

TMS and Me

That's kinda what I did bro I've a 200 pip weekly target and a 800 pip monthly target... I average 100 pips per week easy, because I'm still a little chicken when it comes to letting profits run for longer than 50 pips. I can see my ...

Trading Made Simple