You're not the one that came up with the 10,000 hour quote were you, it comes from a book and now everybody including you, quotes it as fact when its not. Like anything else, there is a learning curve some people make it to the top of that curve ...

Trading Made Simple

Well done Lorbax

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I mainly look at the last closed candle or few candles (double bottoms, tops etc).

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Yes do that heispark and you will find out why some people take 10,000 hours staring at something to have a good grasp of whether price is going to go up or down.

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Ok I see it now thank you and yes I only take the 1st or 2nd HA unless I'm trading a bounce. If you look at the H4 chart (no need to go any higher than that) you will see why you shouldn't have gone in. I don't check the daily for setups when I'm ...

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Thanks Bizzle I'm a bit sleepy today

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Hello Kouroushi, can you tell me what time that was taken as its difficult to tell from the image.

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Firstly I'm a female not male I have explained quite a few times why I take a trade. If you blindly take a trade on the timeframe you're on whether its crossing the mbl, coming from the 68 line, taking a good cross with price action you will fail ...

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Have you quoted the right post I can't see anything about a shift in that particular post. The only thing that was shifted though was the 5ema, I think if I remember correctly it had a shift of 3.

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No I don't use either of those. The darker areas are where there hasn't been another touch yet of that supply/demand and the lighter areas are where its been tested already and bounced back off it.

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There was one thing I wanted to point out about the H4 I commented on this morning on UCad, being an H4 trade I would have looked at D1, take a look at D1, does it look like its going to turn down/carry on down to make a good h4 trade? No, it has ...

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I just use the supply/demand indicator because I find it pretty accurate, the one attached is the one I use but there are several posted on the thread.

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Its not a bottom up approach, its still top down but simpler. In my particular case I am looking at the h1 chart but really trading h4, the tdi has to show a turn or trend on h4 before I will even consider a trade on H1, the same goes for H4/D1 or ...

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If you look at phx62's trades in detail as I have because he's the best H1 trader for TMS out there, bear in mind he has open the m15 and h4 charts as well. He trades the angle of the tdi (whether or not the cross has actually happened yet) and the ...

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The way I take those kinds of trades is, I would have been in it 34 pips beforehand, when there was a great angle down on H4, not crossed yet but a good angle (eelfranz called it a check mark reversal), and on H1 there was a tdi bounce down trade, ...

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The angle is down but its not steep, look at the cross down before that one, that is what I would call a good angle. If you look at phx62's charts he takes trades where the angle is very good (even if there has not actually been a cross yet) and ...

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When you're new to TMS and wanting to build confidence in the trades you take, take only the best setups, if its not a good setup then sit on your hands or do something else until the next candle change. That is the 4th candle, the cross is weak ...

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Yes thats what I was getting at really. You had a bearish cross on H4 which although in itself is not enough to go short on, should also make you think twice before going long especially so near to the high of Friday and resistance, also was showing ...

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What did you class as bullish on H4? In both brokers I have with 2 different times of candles closing, the tdi had already crossed down at the time you would have taken the trade.

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There was a tms watchdog signal of a cross on my chart at the beginning of the candle you entered on, thats where I would have entered not wait for it to be closed.

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