TMS for M30 charts | Page 899 | Forex Factory

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TMS for M30 charts

  • #17,961
  • Oct 22, 2018 7:04am Oct 22, 2018 7:04am
2018oct22 GJ +50
at SR, TL, hidden div
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  • #17,962
  • Oct 23, 2018 1:14pm Oct 23, 2018 1:14pm
2018oct23 GU +50
at SR (look left), div
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  • #17,963
  • Oct 24, 2018 10:28pm Oct 24, 2018 10:28pm
Result of adjusting my feel for weekly timeframe using TMS.

Edit : especially the 2 trade from the bottom
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  • #17,964
  • Oct 25, 2018 8:32am Oct 25, 2018 8:32am
2018oct25 EA +50
break TL, hidden div, SR look left
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  • #17,965
  • Oct 26, 2018 10:02am Oct 26, 2018 10:02am
2018oct26 EA +50
at SR, hidden div
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  • #17,966
  • Oct 26, 2018 11:04am Oct 26, 2018 11:04am
Hi Sotan. Your template looks awesome. Nice and clean. Can you share it? Thanks
  • #17,967
  • Oct 30, 2018 4:17pm Oct 30, 2018 4:17pm
2018oct30 GJ +50
at SR, break TL
hidden div
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  • #17,968
  • Oct 31, 2018 9:04am Oct 31, 2018 9:04am
I couldn't trade more poorly if I tried First time I have gone into actual drawdown on my starting balance, even though not by a lot after being 48% up at one point thats pretty disgusting if I say so myself. Ok, maybe this might give me a jolt and watch what the hell I'm doing. Don't need to ask what I've done wrong, I know what I've done wrong and need to pull myself together lol. Perhaps I should look at my own signature more often.
Success means going from failure to failure without loss of enthusiasm
  • #17,969
  • Nov 1, 2018 7:14am Nov 1, 2018 7:14am
123 and waited for pullback as it was too far from last swing
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  • #17,970
  • Nov 7, 2018 7:54am Nov 7, 2018 7:54am
tdi bounce trade with another 123, [hard to see, but it meets the rules]
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  • #17,971
  • Nov 30, 2018 11:21pm Nov 30, 2018 11:21pm
i'm struggling with this. Sometimes it works, sometime it dont.

Whats wrong with this trade? Took a buy at the VERTICAL RED LINE. Result is opposite direction. Am i seeing it wrongly? lol
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  • #17,972
  • Dec 1, 2018 1:26am Dec 1, 2018 1:26am
Quoting changfx
i'm struggling with this. Sometimes it works, sometime it dont. Whats wrong with this trade? Took a buy at the VERTICAL RED LINE. Result is opposite direction. Am i seeing it wrongly? lol {image}
Correctly drawn the divergence (which worked because it went up around 70 pips from the bottom. But it is a downtrend so you want to see a more recent reason to show its going to change trend rather than just being a pullback. Draw a trendline along the 2 most recent peaks before you took your trade, so from 29th 20:30 candle to 30th 06:30 candle. You also have the same moving average as I do on there which was also just above your buy.
Success means going from failure to failure without loss of enthusiasm
  • #17,973
  • Dec 1, 2018 11:26pm Dec 1, 2018 11:26pm
Quoting lisat
{quote}Correctly drawn the divergence (which worked because it went up around 70 pips from the bottom. But it is a downtrend so you want to see a more recent reason to show its going to change trend rather than just being a pullback. Draw a trendline along the 2 most recent peaks before you took your trade, so from 29th 20:30 candle to 30th 06:30 candle. You also have the same moving average as I do on there which was also just above your buy.
Thank you for your reply.

yes its about 40pips from the break of the recent trendline from the 2 most recent peaks. I think you can never get the 70 pips from that bottom in my opinion.

I feel this method is tough because the divergence usually happens at the price making HH or LL and then may continue to do so. It caught my stop loss for a number of times. Do you know how to mitigate that?
  • #17,974
  • Dec 2, 2018 3:46am Dec 2, 2018 3:46am
Quoting changfx
{quote} Thank you for your reply. yes its about 40pips from the break of the recent trendline from the 2 most recent peaks. I think you can never get the 70 pips from that bottom in my opinion. I feel this method is tough because the divergence usually happens at the price making HH or LL and then may continue to do so. It caught my stop loss for a number of times. Do you know how to mitigate that?
No you would never get the 70 pips but I wrote that to show the divergence itself had already worked so you need to see something more recent on the chart to show it could well turn into an uptrend.
I have lost plenty of trades especially lately but always when I haven't taken enough notice of the h4 before taking the trade, along with higher highs and higher lows.
If you look at the chart at the peaks where I drew the trendline, there was a lower swing high (more or less a double top) which would be worrying for going long where you did.
I have a different tdi on my chart and that also shows hidden divergence where the trendline is.
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Success means going from failure to failure without loss of enthusiasm
  • #17,975
  • Feb 14, 2019 6:36pm Feb 14, 2019 6:36pm
What happened here?

Another TMS thread gone quiet for 2 months.

Where are all you M30 traders in 2019?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,976
  • Feb 14, 2019 6:57pm Feb 14, 2019 6:57pm
CONSISTENCY in trading

When you have not achieved and maintain consistency in your trading, do not blame it on the method.

Question yourself on how well you have learned and mastered the method shared.

Do you know the market type conditions which the method will produce positive results?

Do you have the discipline required to trade the method?

What are your trading tasks as part of the discipline you need to have and ensure?

Lots of self evaluation to do and must do so with an open mind.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,977
  • Feb 15, 2019 11:17am Feb 15, 2019 11:17am
Quoting emmanuel7788
What happened here? Another TMS thread gone quiet for 2 months. Where are all you M30 traders in 2019?
Still up and going ,,, not so active in here too boring repeating what already shared... div/ hidden div at S/R like this trade
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Appreciation is the key to wealth and happiness
  • #17,978
  • Feb 15, 2019 4:55pm Feb 15, 2019 4:55pm
2019/02/15 EA
hidden div at SR
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  • #17,979
  • Feb 16, 2019 12:57am Feb 16, 2019 12:57am
Quoting likica
{quote} Still up and going ,,, not so active in here too boring repeating what already shared... div/ hidden div at S/R like this trade {image}
Hi Likica ,
From time to time , just an example of one of your trades is encouraging for me !
Best regards
  • #17,980
  • Feb 16, 2019 3:10am Feb 16, 2019 3:10am
Quoting bodal
{quote} Hi Likica , From time to time , just an example of one of your trades is encouraging for me ! Best regards

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]

The Truth about Divergence ... read Chapter 4 Page 65

something must happen before we see price vs RSI divergence! you must learn to see that.




Trend Determination using the RSI (TDI) Post#26,774
[download]
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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