The chart above is the TPP TOTAL MARKET SYNC (TMS). This is a proprietary chart that was designed as an "index of indexes" so the trader can enter and exit the markets more effectively by capturing the majority of a price swing. It is has been said time and time again..."DON'T FIGHT THE TAPE". So why do so many traders in-fact do just that? I don't have the answer.
Trading "in-sync" with the markets will greatly improve the odds of a successful trade outcome when managed properly. The best part about TMS is its simplicity of interpretation. Designed similar to a traditional bar chart it lends itself to market structure and moving average analysis.
I have highlighted a buy trade which captured a 6 point move in the ES simply by using TMS along with traditional trade management tools. Click on the chart for a larger view with detailed comments.
Given the complexity of markets it is often better to Keep It Simple (KISS Method). This is exactly what the TMS is designed to provide the trader.
Good Trading
skip to main |
skip to sidebar
Blending Market Structure, Fibonacci, and Volume Analysis
Joe Baker
Founder of Trade Pilot Pro, business entrepreneur for past twenty-two years in Real Estate & Financial Industry. Self-taught trader and Financial Software developer, member of Market Technicians Association, working on CMT designation
David Dube
Professional Trader for over twenty-five years having held Senior Trader positions at Lehman Brothers and UBS Investment Bank. David's knowledge and experience of Global Markets brings a unique trading perspective to Trade Pilot Pro's members. Currently living in Connecticut with his wife, he is an avid aviator holding Commercial and Instrument Ratings.
Free Two-Week Trial
Sign up here for free two-week trial to TradePilot Pro's exclusive real-time S&P e-mini trading room. Send request to freetrial@tradepilotpro.com for personal log-in code.
Trade Pilot Pro Videos
Twitter Updates
Blog Archive
-
▼
2009
(20)
-
▼
May
(10)
- TPP Total Market Sync (TMS) Buy Structure: Part 2
- TPP Total Market Sync (TMS) Sell Structure: Part 1
- Sector Rotation Turning Defensive
- "So Goes the Nasdaq...So Goes the Market"
- "Sell The Fact"
- Sector Analysis
- Cycle Trend Buy Setup w/Con-Ex Divergence
- Combining Cycle Trend and Value Chart
- TPP TOTAL MARKET SYNC
- Cycle Sell Signal Trade Setup
-
▼
May
(10)
Recommended Reading
- Enhancing Trader Performance: Steenbarger
- Inter-Market Analysis: Murphy
- Mind Over Market : Dalton
- The Daily Trading Coach: Steenbarger
- The Psychology of Trading: Steenbarger
- The Subtle Trap of Trading: McAboy
- Trading in the Zone: Douglas
- Visual Investor: Murphy
World Markets
Posts
Followers
Disclaimer
Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. We are not registered investment advisors. This information is a general publication that reflects our own opinions and is not a specific recommendation to any one individual. You must consult your own broker or investment advisor for investment advice. Past performance is not a guarantee of future success. Controlling risk through the use of protective stops is essential.