I just sat through CompassFX 'prop desk trading' webinar. They called them 'institutional levels' or 'liquidity.' In the webinar they traded this USDCAD move, but you could have done it with the SupDem indicator and TMS.

Trading Made Simple

Oh I see what you did there, you went short on the TDI bounce as it also crossed through the MBS line. The bounce being a last test of that supply/resistance area above. Cool.

Trading Made Simple

Dare say we will have to put up with all the 'false break' shenanigans below the 200 SMA as well

Trading Made Simple

GBPUSD broke 100 SMA on the Hourly yesterday then did its 'last kiss' thing. Will no doubt test the 200 SMA

Trading Made Simple

EURUSD did pullback a little and spike up on Draghi but its finding those sellers again just below 1.40 Could be some fed up break out traders up there. "its going higher, its going higher....oh damn fooled again, doh!"

Trading Made Simple

Yes I agree but Big E would also say look for momentum and 'look to the left' and look out for support/resistance. Big E had been through the wars and spent years studying charts, and his brain could probably internalise a lot of the 'further ...

Trading Made Simple

Looked better on the 15 minute chart, and could even have scaled up after creation of second demand zone/TDI cross, also nice bounce off the (yellow) MBS line Looks peaky now though, though EU is very bullish. We need a pullback though.

Trading Made Simple

There is consolidation (or 'structure' as some people like to call it on) on GU and EU. In fact there is an inside bar setup on the Daily which another poster has kindly pointed out. Also on your example supply zone has formed (people prepared to ...

Trading Made Simple

Thanks EM. Do you have an indicator for this upthrust bar, or is part of a VSA strategy? Interesting article on upthrust bars here url

Trading Made Simple

Nope, not till I change brokers as my current one is taking the P with the spread on GBPNZD. 13 pips! However if I had been, it would have been a trade as the upthrust/pin bar created fresh demand zone and those are my preferred trades

Trading Made Simple

Seems you got hit by Aussie news at 5.30 AM, cash rate and RBA statement.

Trading Made Simple

There is Master Candle (WRB) on H4 with supply so I'm looking for a more immediate, short term bearish setup That could change though. We have UK Services PMI tomorrow. (though I admit it all looks rather bullish with regards the Weekly but the ...

Trading Made Simple

Bear in mind its UK bank holiday today folks, so London will be quiet

Trading Made Simple

[quote=mary4x;7446468] The crossovers of PA over the GMMA long seem to correlate quite well with the green line over MBS on the TDI. Though when the Guppy is very wide its less probable that PA will break it. Breaks tend to come when the Guppy is ...

Trading Made Simple

stevepatt. I think Omonisha's trades are pretty good but risky and aggressive (even more aggressive than TMS!). However because he is selling very close to supply and buying very close to demand he's almost front running the banks (buying at ...

Trading Made Simple

Yes it could go either way but I've just noticed something, which isn't strictly TMS but might be of interest to traders (this is probably pretty obvious to experienced ones). Master candles tend to create supply and demand zones, and this zones ...

Trading Made Simple

Your divergence looked better than mine! Anyway the trade bounced Master Candle consolidation

Trading Made Simple

Some nice trades off supply/demand zones there, omonisha

Trading Made Simple

Have a good holiday mate, can't see the really good trades happening till next week and hope to see you back!

Trading Made Simple

Look for possible TMS/TDI long trade for GBPUSD, following news bar pullup. Too soon for a TMS entry on the hourly yet (I just traded news spike retracement). 'They' might have to dip back into the blue zone to get momentum going up again. Nope the ...

Trading Made Simple