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TMS for M30 charts

  • #17,681
  • Mar 9, 2018 5:26am Mar 9, 2018 5:26am
took these two yesterday and took screenshots but forgot to post them

eur/cad, entered twice here..., the second entry i should not have made because of the 4 bar resistance a few bars before. I thought it would still be ok though [because the other entry was still valid] and put my stop below the swing low. I had 3 positions, one of them held 80% of my lots, the other two held 10% each. When news came up the volatility made one of my stops get hit. All stops were in one pip of each other. The stop that got hit was the 10% lot. I was lucky......

even luckier I reached my tp pretty much by the pip and it reversed.


eur/aud, it seems i took the screenshot a split second too late as price reached my tp so the trade is not showed. By time i realised this price had moved such along way that the screen would all be squashed if i took a new screenshot so i just market the tdi signal [red line] and also where i later entered long on the pullback [green dot]
this trade was a winner as well.

I personally like to enter trades only if i can get a 1:2 RR and that's why I entered on the pullback and not the TDI cross

so far since going live again on 20th feb I am up 7%

is it luck? ...only time will tell......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurcad 08032018 2nd entry shouldnt have made bcos of 4 bar resistance.png Size: 34 KB
Click to Enlarge Name: eurcad 08032018 2nd entry shouldnt have made bcos of 4 bar resistance p2.png Size: 34 KB
Click to Enlarge Name: euraud 08032018 winner pullback entry after tdi cross.png Size: 28 KB
  • #17,682
  • Mar 9, 2018 5:35am Mar 9, 2018 5:35am
took this trade many hours ago on gbpusd

double bottom, bullish outside bar [also off the BRN]

I thought it had a chance to reach tp before NFP ...but price has just been dilly dallying around far too long without making any progress

It is clear traders are crapping themselves due to upcoming NFP and refusing to place any orders ...so I just decided to exit as the way things are going i would need to hold through NFP for price to reach my TP and I don't really fancy that....
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 09032018 exit bcos price not moving due to nfp.png Size: 26 KB
  • #17,683
  • Mar 9, 2018 6:49am Mar 9, 2018 6:49am
Quoting kain775
{quote} TDI was not below the 50 when you shorted ..and you only had 1 resistance to back it up [your trendline] if you are wanting to short above the 50, it's best to have two resistances to back it up imo..... or for price to be below the mbl personally i would not have used that grey bar as s/r to short off as price had been through it two/three times in a row without respecting it
Ok. Thanks
  • #17,684
  • Mar 9, 2018 7:40am Mar 9, 2018 7:40am
Quoting kain775
took this trade many hours ago on gbpusd double bottom, bullish outside bar [also off the BRN] I thought it had a chance to reach tp before NFP ...but price has just been dilly dallying around far too long without making any progress It is clear traders are crapping themselves due to upcoming NFP and refusing to place any orders ...so I just decided to exit as the way things are going i would need to hold through NFP for price to reach my TP and I don't really fancy that.... {image}


not much of a reaction when NFP came out, it seems as if price would have hit my original TP

oh well.......
  • #17,685
  • Mar 9, 2018 10:40pm Mar 9, 2018 10:40pm
subscribed
  • #17,686
  • Mar 10, 2018 8:26am Mar 10, 2018 8:26am
Hi there, Congrats to the wonderful thread. What is your success rate and did anyone try to develop an EA for this?

EA seems difficult due to the TDI, Just wondering.
  • #17,687
  • Mar 13, 2018 3:32am Mar 13, 2018 3:32am
eurcad failed


took a 123 short off ema resistance ..but although price wicked through 2, it didn't close through it ........ , and i realised why later on as price approached my stop. Bulls were too strong!

next time I will be waiting for a close first before getting in..........
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad 13032018 failed 123 no close.png Size: 27 KB
  • #17,688
  • Mar 13, 2018 4:06am Mar 13, 2018 4:06am
eurusd short

I can't see why this one failed. Perhaps it's just one of those times?

I saw it late, and it looked on the verge of failing so i entered with just 0.01 lots............

and it did fail.

I see a lower high, then a lower low [closing past ema], then tdi signal ....but price then shot upwards?

lisat, can you see anything wrong with it??
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 12032018 why did it fail.png Size: 26 KB
  • #17,689
  • Mar 13, 2018 4:53am Mar 13, 2018 4:53am
Quoting kain775
eurusd short I can't see why this one failed. Perhaps it's just one of those times? I saw it late, and it looked on the verge of failing so i entered with just 0.01 lots............ and it did fail. I see a lower high, then a lower low [closing past ema], then tdi signal ....but price then shot upwards? lisat, can you see anything wrong with it?? {image}
I can't see anything wrong with the entry only that the stop loss is probably too small for the time in the morning as it does tend to swing around some. I would have the stop loss above the previous h4 bar which is still much less than 50 pips.
Success means going from failure to failure without loss of enthusiasm
  • #17,690
  • Mar 13, 2018 5:41am Mar 13, 2018 5:41am
Quoting lisat
{quote} I can't see anything wrong with the entry only that the stop loss is probably too small for the time in the morning as it does tend to swing around some. I would have the stop loss above the previous h4 bar which is still much less than 50 pips.

I see

ok thanks.

I normally like to keep a hard stop these days with RR 1:2 as opposed to the big 50 pip SL [with the tighter visual stop]. I normally put my hard stop above where price bounced off the lower high resistance, ...it normally works tbh. If I cannot get a tight stop like this I usually pass on the trade. I normally keep my TP around 50 pips ..but will shorten it a little sometimes based on the ATR of the pair and distance to the last LH, ..but if I cannot get a RR of 1:2 then I tend to not take the trade. My last eur/cad trade has a SL of 17 pips and TP of 35 pips. I think it would have worked if i had waited for the 123 to close past 2 instead of just wicking past it.

on the opening of the 12:00pm bar or eur/usd there was actually a signal to exit ...as h4 was now hooking up and TDI m30 was also up, ..and at that point i think I did exit ....and then in the next bar my would be stop was taken out

here you can see i manually exited slightly before the sl was hit.

thanks for the feedback though, its good to know i am getting the entries right
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 12032018 why did it fail p2 setup confirmed as valid by lisat.png Size: 27 KB
  • #17,691
  • Mar 13, 2018 6:06am Mar 13, 2018 6:06am
Quoting kain775
{quote} I see ok thanks. I normally like to keep a hard stop these days with RR 1:2 as opposed to the big 50 pip SL [with the tighter visual stop]. I normally put my hard stop above where price bounced off the lower high resistance, ...it normally works tbh. If I cannot get a tight stop like this I usually pass on the trade. I normally keep my TP around 50 pips ..but will shorten it a little sometimes based on the ATR of the pair and distance to the last LH, ..but if I cannot get a RR of 1:2 then I tend to not take the trade. My last eur/cad trade...
You did the right thing as it happens as that spike on the last candle would have taken out a bigger stop anyway
Success means going from failure to failure without loss of enthusiasm
  • #17,692
  • Mar 17, 2018 4:15am Mar 17, 2018 4:15am
Hi there,

I tred loading the template but it doesnt seem to load the indies.

I downloaded the zip and loaded all indicators in to my indicator folder. Then loaded the template. Seems like the zip doesnt contain all indies? Or what am I doing wrong?

Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 88 KB
  • #17,693
  • Mar 26, 2018 2:56pm Mar 26, 2018 2:56pm
Finally ive begun to like a system. Thanks for sharing your valuable ideas everyone.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYpM30.png Size: 25 KB


Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYpM30.png Size: 24 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFpM30.png Size: 21 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYpM30.png Size: 23 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDpM30.png Size: 23 KB
  • #17,694
  • Mar 27, 2018 2:59pm Mar 27, 2018 2:59pm
Todays results:

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDpM30.png Size: 33 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDCADpM30.png Size: 39 KB
  • #17,695
  • Apr 2, 2018 9:12am Apr 2, 2018 9:12am
aud/usd

took this trade today i think it's more likica style than lasting wells as the last h4 bar wasn't bearish..

-lower high into DOL [not shown on chart], and 124 ema, and 200 ema
- hidden div on m30 stocs
-bearish engulfing bar, then tdi cross, the TDI cross [tdi green was barely touching the red at the time of the cross]
-H4 stoc added to make sure im trading in the right direction
-trading away from dol too..

price currently close to tp but appears to be forming doji.....
edit: doji is now looking like a nasty pinbar, I have moved to BE
Attached Image (click to enlarge)
Click to Enlarge Name: audusd 02.04.2018 currently near tp.png Size: 39 KB
  • #17,696
  • Apr 2, 2018 12:37pm Apr 2, 2018 12:37pm
price managed to recover on aud/usd and hit tp

also i had entered gbp/aud on the 124 ema rejection with hidden div

You can't see the TDI cross because it was barely touching at entry and later when i changed timeframes the TDI cross vanished when I went back to m30

price took too long to make progress and whilst in profit i exited upon seeing an exit signal ....and then the very next bar ...price shoots up
Attached Image (click to enlarge)
Click to Enlarge Name: gpbaud 02.04.2018.png Size: 37 KB
  • #17,697
  • Apr 9, 2018 7:47am Apr 9, 2018 7:47am
2018 Apr 09 +50 EURAUD
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 73 KB
  • #17,698
  • Apr 9, 2018 3:00pm Apr 9, 2018 3:00pm
AUDJPY hit TP +35

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYpM30.png Size: 44 KB
  • #17,699
  • Apr 16, 2018 9:12am Apr 16, 2018 9:12am
2018 Apr 16 EURJPY +50
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 93 KB
  • #17,700
  • Apr 18, 2018 3:45am Apr 18, 2018 3:45am
2018 Apr 18 GBPJPY +50
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 79 KB
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