TMS for M30 charts | Page 900 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

RiskyFX-M30 System 117 replies

Pulse M5, M15, M30,H1+ 9 replies

London Open Breakout-M30 57 replies

M30 Rainbow Madness 23 replies

Different between time frames M30 1H and 4H 2 replies

Attachments: TMS for M30 charts
Exit Attachments

TMS for M30 charts

  • #17,981
  • Feb 18, 2019 3:43am Feb 18, 2019 3:43am
Quoting emmanuel7788
{quote} do you need to find encouragement here after so many years. are you struggling to be consistently profitable trading 30 minutes charts? make sure you learned and understand how trading price with momentum and when they show divergence, how shall you trade. if you still have not fully understood technical divergence between price action and its RSI, then you must study this book: RSI: The Complete Guide by John Hayden [download]...
Thank you for your encouragements and advices Emmanuel but if I am consistently profitable since almost a year now, it is a day-to-day fight against errors I could still do !
In addition , my real earnings are nearer 2% per month and I am happy with that !
Every day , I read the thread TMS where I learned a lot and I hope to see some posts of Likica because I like her trades even if my personnal way of trading is a little bit different now anf if I am more on H4 .
I am inspired by people like Xman , LE1, you , PHX etc... but honestly , I have a special feeling for Likica'way of trading that I find esthetic !
  • #17,982
  • Jun 3, 2019 7:47am Jun 3, 2019 7:47am
hiya,


Anyone trading this now? How is trading going on?

Tnx
<3
  • #17,983
  • Jun 26, 2019 9:00am Jun 26, 2019 9:00am
Quoting BlondePeach
hiya, Anyone trading this now? How is trading going on? Tnx
still trading this method and going well, hope you are doing well too BlondePeach. Did you spot any set up to get in?
Appreciation is the key to wealth and happiness
  • #17,984
  • Jun 27, 2019 12:01am Jun 27, 2019 12:01am
Quoting likica
{quote} still trading this method and going well, hope you are doing well too BlondePeach. Did you spot any set up to get in?
Happy to have news from you !
  • #17,985
  • Jun 27, 2019 3:14am Jun 27, 2019 3:14am
Quoting likica
{quote} still trading this method and going well, hope you are doing well too BlondePeach. Did you spot any set up to get in?
Welcome back Likica, are you back to stay for a while?
  • #17,986
  • Jun 27, 2019 8:48am Jun 27, 2019 8:48am
Quoting Rebyt
{quote} Welcome back Likica, are you back to stay for a while?
I am not always checking in here unless I see a need to . Stay focus on price actions with the help of TDI & stoc and you will be fine
Appreciation is the key to wealth and happiness
  • #17,987
  • Jun 27, 2019 8:49am Jun 27, 2019 8:49am
Quoting bodal
{quote} Happy to have news from you !
Hope you are well and well behaved to life and to the market ;-)
Appreciation is the key to wealth and happiness
  • #17,988
  • Jun 27, 2019 11:48pm Jun 27, 2019 11:48pm
Quoting likica
{quote} Hope you are well and well behaved to life and to the market ;-)
Please , a little example with a trade chart from time to time as a refresher would be marvelous !
  • #17,989
  • Jul 2, 2019 10:59am Jul 2, 2019 10:59am
Quoting bodal
{quote} Please , a little example with a trade chart from time to time as a refresher would be marvelous !
Here is one of my fx trades.... UJ short after div formed off S/R, got in late, finally, profit target got filled. I had stayed in a bit longer and added one more position since the price kept making LHs, currently ADR reached for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: 1 n 2.7.19 USDJPYM30 div off R +.png Size: 86 KB
Appreciation is the key to wealth and happiness
  • #17,990
  • Jul 3, 2019 7:06am Jul 3, 2019 7:06am
Quoting likica
{quote} Here is one of my fx trades.... UJ short after div formed off S/R, got in late, finally, profit target got filled. I had stayed in a bit longer and added one more position since the price kept making LHs, currently ADR reached for the day. {image}
Was your initial stop above the highs from the start or you changed it afterwards?when?

When do you decide your trade is no longer valid and you exit before either stop loss or profit is hit?

I guess I struggle with the management...

Thanks a lot.
  • #17,991
  • Jul 10, 2019 10:02am Jul 10, 2019 10:02am
Quoting Rebyt
{quote} Was your initial stop above the highs from the start or you changed it afterwards?when? When do you decide your trade is no longer valid and you exit before either stop loss or profit is hit? I guess I struggle with the management... Thanks a lot.
I usually place SL a few pips away from the last swing,, If I am monitor my trade(s), I will exit early if price stepping up (HL HH) for a short , or if price stepping down (LH LL) for a long
Appreciation is the key to wealth and happiness
  • #17,992
  • Jul 17, 2019 11:35am Jul 17, 2019 11:35am
Quoting likica
{quote} still trading this method and going well, hope you are doing well too BlondePeach. Did you spot any set up to get in?
Hiya @Likica

Thanks for the reply . Testing this on demo. There are two issues I'm experiencing:
1) when I'm in a trade, suddenly a candle appears in opposite direction and fastly going on, thus trade go to loss

There are many uncertain things . But I'm a little confused on:
2)
Quote
'but make sure you don't go short while TDI>68, stoc>75 (overbought= market too bullish ), nor go long while TDI<32 (oversold = too bearish), stoc<25. ..., it will be safer to go short when Stoc<50, and long when stoc>50'
why overbought and oversold entries is filtered?
3)
Quote
- @S/R
In which timeframe shall I look/draw for/my S&R while I'm trading in M30?
4) Is the '@S/R' referring to S&R of day, week or month?

Tnx and best of luck
<3
  • #17,993
  • Edited 7:26pm Jul 17, 2019 4:27pm | Edited 7:26pm
Hi Likica,

I have tried to manually do your template as I saw a few have tried and haven't been able to load it. Can you tell me the settings you are using for the indicators?

Thank you!

D
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 118 KB
Attached File(s)
File Type: tpl Likica-Manually Created.tpl   20 KB | 496 downloads
  • #17,994
  • Jul 19, 2019 7:53am Jul 19, 2019 7:53am
Quoting Derek-305
Hi Likica, I have tried to manually do your template as I saw a few have tried and haven't been able to load it. Can you tell me the settings you are using for the indicators? Thank you! D {file} {image}
Thanks for sharing, D. Your chart looks the same as mine, stoc 8,3,3 and pro TDI as default. What else would like to know?
Appreciation is the key to wealth and happiness
  • #17,995
  • Jul 19, 2019 8:20am Jul 19, 2019 8:20am
Quoting likica
{quote} Thanks for sharing, D. Your chart looks the same as mine, stoc 8,3,3 and pro TDI as default. What else would like to know?
Thank you! Just confirming if they were any errors. :-)
  • #17,996
  • Jul 19, 2019 8:48am Jul 19, 2019 8:48am
Quoting BlondePeach
{quote} Hiya @Likica Thanks for the reply . Testing this on demo. There are two issues I'm experiencing: 1) when I'm in a trade, suddenly a candle appears in opposite direction and fastly going on, thus trade go to loss There are many uncertain things . But I'm a little confused on: 2) {quote} why overbought and oversold entries is filtered? 3) {quote} In which timeframe shall I look/draw for/my S&R while I'm trading in M30? 4) Is the '@S/R' referring to S&R of day, week or month?...
Overbought means bulls still very strong thus it's dangerous to go short even if there s a setup for bearish divergence. Vice versa for oversold..

S/R is identified when you look left to see how price reacted/acted. I usual zoom out to see. I am trading on M30 so everything based on M30. Locations are more important than any indicators.
If you have any trades loss/win and wish to have me comment, post then we will all learn together.
Appreciation is the key to wealth and happiness
  • #17,997
  • Jul 25, 2019 8:01am Jul 25, 2019 8:01am
Quoting Derek-305
Hi Likica, I have tried to manually do your template as I saw a few have tried and haven't been able to load it. Can you tell me the settings you are using for the indicators? Thank you! D {file} {image}
Thanks Derek, I failed to load Likica's template but I can load yours...
  • #17,998
  • Jul 25, 2019 8:51am Jul 25, 2019 8:51am
Quoting Qeju
{quote} Thanks Derek, I failed to load Likica's template but I can load yours...

Glad it helped The settings are all the default ones, I don't know if anything should be changed there.
  • #17,999
  • Jul 25, 2019 9:01am Jul 25, 2019 9:01am
Quoting likica
{quote} If you have any trades loss/win and wish to have me comment, post then we will all learn together.

I realize I went against the trend on this one, the divergence was good and my newbie reasoning was that the move down had stalled and was primed to go back to a fib level.

The second screenshot is a couple of hours later as I'm writing this, I have so many trades that stop me out and then go with what I had seen on the chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 65 KB
Click to Enlarge Name: Screenshot3.png Size: 70 KB
  • #18,000
  • Edited 11:16am Jul 26, 2019 10:57am | Edited 11:16am
Quoting Derek-305
{quote} I realize I went against the trend on this one, the divergence was good and my newbie reasoning was that the move down had stalled and was primed to go back to a fib level. The second screenshot is a couple of hours later as I'm writing this, I have so many trades that stop me out and then go with what I had seen on the chart. {image} {image}
there were at least 2 bad habits that you might have to review from what you did on those EU trades and might consider creating a set of rules for yourself to follow if you wish to step up. Try not to get distracted when seeing a winning trade that did not meet your rules.
- trade against the trend, in this case, buying while the price was stepping down (LHs LLs)
- trade during major news (not recommended if taking a trade on M30) unless you are expert in reading PA.

just for your info about PA, I took an early entry on EU too for a small profit after news out spotting price tested S/R and price created HH, ...
Attached Image (click to enlarge)
Click to Enlarge Name: 25.7.19 EURUSDM30 off S DIV +.png Size: 85 KB
Appreciation is the key to wealth and happiness
6 traders viewing now