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- philstodd replied Jan 6, 2020
Also know what a rounding top and bottom is. Very easy to spot with heiken candles. Shows possible market direction.
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- philstodd replied Jan 6, 2020
A couple great tips maybe a few of you are missing with his system. According to price action, trade with the obvious trend(bounce tdi) is great for trends, if market is ranging; look at the tops and bottoms of the levels. Strong heiken ashi with ...
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- philstodd replied Jan 6, 2020
Hello people. Back to say hello and see how everyone was doing. Still to this day I do not understand how people do not know how to profit off this system. Been browsing comments and I come to the conclusion; people do not know how to properly ...
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- philstodd replied Jan 10, 2019
So much hostility on this thread. I'm on vacation popping here and there to see what's going on and it can be a madhouse on here. Trade the TMS system with price action in mind and all is well. Cheers everyone. "Don't worry, be happy".
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- philstodd replied Dec 31, 2018
Akron, maybe some people find many trades, but I just don't look at one chart and enter a trade that "looks good". I check ALL charts and find the best TDI cross in correlation with price action and take that trade. I definitely compare one possible ...
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- philstodd replied Dec 31, 2018
Akron all I can say mainly is I trade this system with heavy price action to keep it highly accurate. Things to look for is: are we in a trend??? Are we in a ranging market?? How far are we from the high and lows of the levels?? I just look simply ...
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- philstodd replied Dec 31, 2018
Akron. Yes you are correct. It will also keep you out of profitable trades also, but the main thing is to not have many losing trades. Factor in price action, levels, trendlines, and candle formations and this system keeps up to its name. I mainly ...
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- philstodd replied Dec 31, 2018
I'm going to finish this year with a very nice profit and will be starting my 2 week vacation tomorrow. It will be 2 weeks worth of heavy beer drinking and good food eating. Wish the best to all and we will talk soon. A trip from Chicago to South ...
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- philstodd replied Dec 31, 2018
People also need to learn how to take profit when large pip moves are made. Depending on your time-frame you are trading if you get a move with 20,40,60,80,100 pip moves. These are just examples. Do not let the price reverse on you. Take the profit. ...
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- philstodd replied Dec 31, 2018
Also, I do not enter the tdi crosses when the heiken candles have long wicks or wicks the same size as the body. Solid large heiken candles show strength and that is what you want to trade.
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- philstodd replied Dec 31, 2018
I don't understand why people make this system so complicated. If you follow the rules and(what I think is very important) place your stop loss 1 or 2 candles above or below the previous entry candle this system is gold. Just as Big E said. If you ...
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- philstodd replied Dec 21, 2018
For beginners, the heiken ashi candles allow you to see price action more clearly. You will be able to see price levels and trends a lot easier. You will also be able to see dojis, pinbars, and engulfing bars a lot easier. Do yourself a favor and ...
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- philstodd replied Dec 20, 2018
AkronD I would really like to see these trades you are losing on so I can help you. I trade mainly 1 and 4 hour charts because of the pip drawdowns I have to take to wait for profit sometimes. Daily is too large for me but I use the daily timeframes ...
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- philstodd replied Dec 19, 2018
Big E told people to use price action with this system. I think a huge problem for most beginners are they do not fully understand all the aspects of price action. This system makes trading easier on the psychological level because of the heiken ...
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- philstodd replied Dec 19, 2018
Also like I said before. Recognize steep up or down trends and try not to trade against the trend. RECOGNIZE the shape and similarity of REPEATING trend patterns. Price action. Trendlines. Support/Resistance. Combine that with this TMS system and ...
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- philstodd replied Dec 19, 2018
Go back and look at how many times price never hits the high or low of the candle BEFORE the entry candle. Not much. If it does it is usually a second candle spike or you let price go into profit and reverse and go all the way back to that ...
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- philstodd replied Dec 19, 2018
It seems you are not letting these trades move in your direction.....you have to allow some time to go into profit off the start, even if your down pips. A good rule of thumb for tdi flat and checkmark is when it is alrady in profit or just been ...
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- philstodd replied Dec 19, 2018
Did you edit heiken candles settings??? Also if you didn't and you took the down-trade on the 4hr chart your stop above the previous candle should of never been hit and still been in profit. my chart looks different. that would of been a no go on my ...
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- philstodd replied Dec 18, 2018
Also on my above post. Do not trade bounce plays that are getting near support/resistance levels. There's always a good possibility it will reverse and go in the opposite direction. Wait till it breaks supp/resis and shows a bounce on the TDI.
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