I normally try to enter on a break below the consolidation but if price is moving quickly, I sometimes don't get an entry for 5 to 10 pips into the trade. On that trade, the green TDI had separated from the red at the open of that candle but I ...

Trading Made Simple

So quick to jump to conclusions but you are entitled to your opinion. I'll just keep that retirement account growing.

Trading Made Simple

I have no idea why there is a TP line above the SL line unless it has something to do with the CaveManager EA that I use when I open trades. I will be checking with my broker. I checked my account and that trade paid the 126 pips. On that trade, I ...

Trading Made Simple

There is no way anyone can know for certain it a TDI signal is going to be a fakeout or go for a long distance. On the March 24th trade, I entered and was able to monitor it, not knowing if it would reach the TP. I was prepared to exit on a ...

Trading Made Simple

This weeks EA H1 trades (some of the first ones were posted earlier this week). All trades taken according to my trading plan with the H4 channel pointing out TP points. Overall a good week. image

Trading Made Simple

New H4 channel created. image EA H1 target hit. image

Trading Made Simple

Yes, the aggressive entry would have been where you marked the first blue candle following the Pullback Candle Reversal Formation. In this case I was a little more cautious because price had already moved straight down for over 100 pips without any ...

Trading Made Simple

I use the Fibonacci Channel indicator. Go to the Insert button at the top of your platform and click it. Move your mouse to Channels and click on the Fibonacci indicator. Double click on your chart to place the indicator. Right click on the new Fibo ...

Trading Made Simple

If you are using MT4, it is a standard feature. Find the Terminal button on the STANDARD toolbar. Click on it to open your balance sheet. Click on the Account History tab. Find the trade you want to place on the chart. Left click your mouse on that ...

Trading Made Simple

The downtrend channel is continuing into the third week on the EUR/AUD pair, giving an opportunity to see possible profit targets. Today price continued down to the channel line, hitting my profit target and then price reversed. I was able to ...

Trading Made Simple

Three more trades this week on EA H1. Wednesdays London session trade was a BE trade. The other two trades made a nice profit. I closed them both because it was Friday. Next week will tell if price really will reach the center channel line. image

Trading Made Simple

I have been away on business for the past 8 days with no time to post in the thread. Two trades this week on EA H1. Both taken following a cross of the TDI and a bounce off the channel that began forming during the middle of last week. The channel ...

Trading Made Simple

Thank you sir. No, not moving to the dark side.......at least, not yet.....never say never. You are exactly correct. I am taking the H1 signals with the H4 charts overlaid. When PA is slow, I occasionally will enter on a PERFECT M15 set up. ...

Trading Made Simple

Just closed one more trade on EUR/AUD. I am posting a H4 chart to show the new channel going into next week. The trade was taken on the H1 chart, following a pullback from the bottom of the London session and the new bottom channel line. There was ...

Trading Made Simple

EUR/AUD trades this week. The first 3 trade entries and targets were based on TMS and the first channel. The last 5 trade entries and targets were based on TMS and the newer channel. Since price broke out of the latest channel, there could be a new ...

Trading Made Simple

The latest channel for EUR/AUD on a H4 chart. As you can see by the gray lines inside the channel, there have been numerous opportunities to trade. image

Trading Made Simple

WDays.....your posts DID NOT drive me away. I am sorry if that is the impression you got from my post. I appreciate all the responses on the thread and the PM's offering support and requesting that I continue to post. I have had a very busy week ...

Trading Made Simple

One of my concerns in experimenting with channel trades as an additional tool for TMS trading and posting those charts on this thread, is that there would be some confusion about the basics of TMS trading. I did not want that to happen but I am ...

Trading Made Simple

What works for me is to concentrate on 1 or 2 pairs at a time. At the beginning of each week, I check ADR for all the pairs I have on my platform and usually pick the one that has the highest ADR. Last weekend, none of the pairs had very good ADR ...

Trading Made Simple

WD.....you are paying attention. Yes, the first trade was entered on the M15 because it was the first trade of the week and price action was a little slow. All the rest are H1 entries. Most of the entries are my normal London session entries, only ...

Trading Made Simple