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Nik-Nyc replied Jun 1, 2015Hi Mokuro, Regarding the EU SL trade i think u are correct about the strong 70pip move during early session being a red flag. The only other considerations i can see are that you entered 6/7 pips from a RN 1.09000 (price has reacted to this level ...
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Nik-Nyc replied May 28, 2015Great trades and great posts today, as usual! Thanks, N.
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Nik-Nyc replied May 27, 2015Nice trades rajitomate! Let me highlight one common element in all theses winning trades. All tdi crosses for long trades were taken above the 50 line, and all short tdi crosses were taken below the 50 line. Worth thinking about :-). Also, I like ...
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Nik-Nyc replied May 26, 2015I use the following indicator which is available also in the paperclip, but you will have to adjust the time offset . . . i forget off the top of my head, but google is your friend :-) N.
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Nik-Nyc replied May 26, 2015DOL: Daily Open Line . . . the DOL depends on your brokers server time, so it is not universal. When learning TMS, trading into the DOL line should make you think twice, it can be done, but many other factors need to line up. Best, N
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Nik-Nyc replied May 26, 2015Hi Karado, Let me give you my two cents as i was also monitoring EJ at the time, although on M15. 1. From where you opened the trade there was a strong support level (25pips away) at round number 133.50 (confluence) 2. This means your R:R was ...
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Nik-Nyc replied May 24, 2015Hi Karado, I am sure you will get a thoughtful answer from Emm shortly . . . in the meantime i will share with you two posts regarding MA's from another TMS thread. These posts are particularly useful when analyzing MA's within a MTF (Multi-time ...
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Nik-Nyc replied May 22, 2015Hi Karado, I use the PAC on my M15 intraday trading with good consistency so i will offer my insight. Personally, the second candle after a reversal/color-change is the last candle i would consider as a setup candle. This means that the third candle ...
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Nik-Nyc replied Apr 14, 2015I am currently experimenting a similar LTF entry system on M5. . . . The goal is to have a smaller SL and catch the overall direction of the H1 moves in order to take profits at 3R, 4R, 5R, etc. Easier said then done, but seems to have some ...
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Nik-Nyc replied Apr 12, 2015I can assure you there are many of us... Good to see you back.
As simple as possible: 00 level trading
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Nik-Nyc replied Apr 7, 2015Yes, indeed i missed the MC . . . i knew i missed something :-) @Emmanuel, thanks for the PM with answer. Next test i will PM you my answer to avoid spoilers on the thread. Love these quizzes. Best, N PS I recommend all who want to learn more about ...
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Nik-Nyc replied Apr 7, 2015Hi Emmanuel, I'm not an H4 trader, but the main reasons not to trade the two signals in your example chart are: 1) Signals occurred below the 50 on both TDI's. (Personally i prefer long signals above 50 and short signals under 50) 2) Past three days ...
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Nik-Nyc replied Apr 7, 2015Always enjoy your posts and explanations. This method and thread are very powerful and you have been critical in keeping it alive. Thanks for your efforts and time. Best, N.
Another simple system - Time-Frame 15
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Nik-Nyc replied Apr 1, 2015Hi Wickeddaddy, As a newbie myself let me tell you that i know exactly how you feel. It gets better, i promise, all that is required is soaking some additional information up, and then applying it to many many charts through backtesting, forward ...
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Nik-Nyc replied Mar 30, 2015Rupasi, I am sure more senior members will chime in when they can, but in the meantime have a look at this PDF. It was posted in another tms thread (i think x-man's) and it is a good introduction. The second part of the PDF is a little advanced, but ...
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Nik-Nyc replied Mar 30, 2015I do not trade frankfurt, but this site is useful for session times. If you click on the name of the city it will show you past and futures DST dates. url Nick
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Nik-Nyc replied Mar 25, 2015The following document is in the paperclip . . . worth the read. N.
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Nik-Nyc replied Mar 5, 2015Shaikjun, Great trades, congrats! Looking at EURNZD & GBPNZD i am wondering if there is any particular reason you choose to enter not on the 1st or 2nd candle after TDI cross? Any insight is appreciated. N.
TMS for M30 charts
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Nik-Nyc replied Mar 3, 2015Mokuro, Since you asked me the question, i figure i owe you an answer, although many others are more qualified and eloquent. The important thing about the SL to remember is that the pip distance from entry should not determine how much risk you are ...
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