DislikedHi all, I'm new to the thread, I spend a couple of weeks reading through the thread, downloading PDF post summaries etc. I like the TMS approach idea. I was wondering are we still closing H4 trades on US open candle closes? I use the Tradingview platform and i modified the TDI indicator to show color background on crosses, i use that as my alerts.this attached is my charts with white buy and red close trades i did last week. {image}Ignored
Your entries are correct.
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Reading Vincent's replay to your post, remember that he will post anything to get you to stop using TDI green cross red with angle above/below 2/4 and Stoch confirming the TDI green direction.
- No mention of TDI > It tells you when to enter and where to exit any trades... so review previous posts and learn it good.
- You can remove HA Candles if you can handle the stress > trading way less stressful... use them.
- His advice to how to use Stoch is totally against what BigE posted > Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.
- About 5EMA. Read Post#718 and decide yourself if you want to use it
#718...... I left it on my chart because I like to see how PA interacts with the 5ema line during the trade. Gives me a better feel for what's going on... that's mainly the reason...
Once more no mention of TDI > If there is a reversal do I have a TDI signal to enter...
Try not to enter on candle 3 after the crossover > enter on candle 2...
This fit in nicely with Post#647 >
- HA Candles... What are their size?
- If they are small I will usually go find another set up...
- Look for consolidation...
- look for how close PA is to supp/res levels...