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  • #93,121
  • Jan 15, 2019 2:46am Jan 15, 2019 2:46am
Quoting lddd
{quote} Actually the f*ck things up situation is going on for monthes already I am currently short on GU but also made dozens of trades in the last weeks looking similar to this one which ended in a loss (Even with that strong nice looking TDI angle with Stoch confirming..). So need to make another 12-13 trades just to recover from the loss to break even. {image} Update: I promise this GU trade will blast for 5-10 pips touching down before it collapses again with a huge upwards move ...



I would actually recommend trading with the trend if you are suffering losses, i think it is probably more reliable than counter trade and also there is a better chance of your trade turning into big winners

having said that i notice the majority of tms traders trend both with trend and counter trend, tbh i used to trade counter trend a lot. but i have honestly found more were winning when trading with the trend. problem with trading with the trend though, is that often you can go quite a while for a valid setup to occur. often you get one but price is too near it's atr so you have to pass, ...so i can see why counter trading is so popular on this method
  • #93,122
  • Jan 15, 2019 2:57am Jan 15, 2019 2:57am
Quoting lddd
{quote} I am not looking for a strategy/system to scalp the markets soley by my own eyes. Even if this might work out for high experienced traders with lots of screen time watching and analysing charts to its bones for years. First. I donīt have the time to repeat this and draw a picasso on my chart each new day. With HH/HLs, trendlines, S/R and so on... Secondly and far more important i donīt think its even necessary to make money by trading the financial markets. So it probably all comes down to my personal goals and needs again, which are To...
Mate that picasso comment was hilarious.
  • #93,123
  • Jan 15, 2019 2:57am Jan 15, 2019 2:57am
Quoting lddd
{quote} I am not looking for a strategy/system to scalp the markets soley by my own eyes. Even if this might work out for high experienced traders with lots of screen time watching and analysing charts to its bones for years. First. I donīt have the time to repeat this and draw a picasso on my chart each new day. With HH/HLs, trendlines, S/R and so on... Secondly and far more important i donīt think its even necessary to make money by trading the financial markets. So it probably all comes down to my personal goals and needs again, which are To...
Price Action suck, Indicators sucks. You should only use Double Top / Double Bottom or Inside Bar.
You just can't win. There is no clear road map to follow.
The best is to read a lot and build your own method and rules.
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  • #93,124
  • Jan 15, 2019 2:58am Jan 15, 2019 2:58am
Has anyone traded e-mini using TMS?
  • #93,125
  • Jan 15, 2019 2:58am Jan 15, 2019 2:58am
Quoting kain775
{quote} I would actually recommend trading with the trend if you are suffering losses, i think it is probably more reliable than counter trade and also there is a better chance of your trade turning into big winners having said that i notice the majority of tms traders trend both with trend and counter trend, tbh i used to trade counter trend a lot. but i have honestly found more were winning when trading with the trend. problem with trading with the trend though, is that often you can be quite a while for a valid setup to occur. often you get one...
Well, the problem is there are no trends. Lets say you only want and can monitor one currency pair like GU or even EU or some other major pair. Have you looked back on them just for the last recent 3 monthes?

Now would you say there are a lot of clear "trending" structures to identify? Honestly man, there is NOTHING. 90% of the time its ranging or going sideways for little moves maybe 30 Pips if you are lucky (4-5 HA candles).

Even if you would only trade H4 or Daily i really canīt find a lot of good trades here in clear trending market condition to one side. Do you? Please show them to me hah. Maybe i am blind or so.

Now how do you want to make serious repeating money here by only trading one currency pair like GU (lets stick to this) by finding these rare conditions where

A) market structure is perfectly trending into one direction (at best for the time frame you enter on + the next 1-2 higher ones)
B) the trade entry setup is perfectly in shape like good TDI Angle, Stock Confirming, away from S/R, Candle Sizes and all the other entry criteria defined by just BigE

If i do this i maybe end up in 2 out of 3 winning trades on H4 for 1 complete month. Now how many lots do you want to trade here to make money out of these 200-300 Pips you end up with without taking high risk?
  • #93,126
  • Jan 15, 2019 3:04am Jan 15, 2019 3:04am
Tekkies still posting his cherry picks (mostly only winners) on the Dax here

Honestly Tekkies, nice if you could found your way to repeating success but do you really think this will help anyone one bit here?

Please show us your last trades for the last 30 days (all winners and losers) on something like GU or any other major currency pair like most people here try to master and want to trade. Can you?

I mean even if this is for god sake the Dax because you have constant spread here and canīt trade GU for what ever reason. Then post your Dax last 30 days trade history so we can calculate on our own how many trades to expect based on the TMS entry/exit criteria and what win ratio is needed to make money picking up on these M15/H1 Trades you constantly post here...
  • #93,127
  • Jan 15, 2019 3:06am Jan 15, 2019 3:06am
Quoting Tekkies
{quote} Price Action suck, Indicators sucks. You should only use Double Top / Double Bottom or Inside Bar. You just can't win. There is no clear road map to follow. The best is to read a lot and build your own method and rules. {image}
Aren;t they all types of Price Action - we should just trade Trump.
  • #93,128
  • Edited 3:26am Jan 15, 2019 3:14am | Edited 3:26am
For me looking back at my GU trade history for the last 30 days i have 18 trades opened and closed with -$470,00. 12 out of the 18 trades closed manually in loss or stopped out at the last swing high or low after my entry. The ones that were won probably gained 10-15 Pips on average. The ones lost 20-30 Pips.

Forgot to mention. These 18 trades during 1 month happened while watching not only the EU session, so more like 8 hours in front of the screens for 20 active trading days.

Now does a 18 trades on M15/H1 with that perfectly spotted entry criteria on just one market (GU) ending in a $-470,00 sound sexy to you? For over 100 hours in front of the desk?...
  • #93,129
  • Jan 15, 2019 3:18am Jan 15, 2019 3:18am
Quoting lddd
{quote} Well, the problem is there are no trends. Lets say you only want and can monitor one currency pair like GU or even EU or some other major pair. Have you looked back on them just for the last recent 3 monthes? Now would you say there are a lot of clear "trending" structures to identify? Honestly man, there is NOTHING. 90% of the time its ranging or going sideways for little moves maybe 30 Pips if you are lucky (4-5 HA candles). Even if you would only trade H4 or Daily i really canīt find a lot of good trades here in clear trending market...

I've been trying genesis on m5 for the last month or so ..so really couldn't comment on what recent trend conditions are like for tms [as pretty much everyone there is either on m30/h1/h4], but back when i was on tms ...there were often long waits for setups with trends. Honestly I do not know any tms trader doing single entry single exit on those timeframes who is a strictly a trend trader

If you're on m30/h1 then the daily atr is your biggest enemy if you're wanting to trade the trend. It will frequently be an issue unfortunately.
with h4 timeframe, the fact that it's only printing 6 bars a day means it ain't gonna be plentiful in setups that go with the trend
  • #93,130
  • Jan 15, 2019 3:21am Jan 15, 2019 3:21am
Quoting lddd
For me looking back at my GU trade history for the last 30 days i have 18 trades opened and closed with -$470,00. 12 out of the 18 trades closed manually in loss or stopped out at the last swing high or low after my entry. The ones that were won probably gained 10-15 Pips on average. The ones lost 20-30 Pips.
If you look at the last hour or so EU / GU / AU have all moved almost 20 pips. If you were to trade TMS - shouldn't people be in those trades?
  • #93,131
  • Jan 15, 2019 3:34am Jan 15, 2019 3:34am
Quoting kain775
{quote} I've been trying genesis on m5 for the last month or so ..so really couldn't comment on what recent trend conditions are like for tms [as pretty much everyone there is either on m30/h1/h4], but back when i was on tms ...there were often long waits for setups with trends. Honestly I do not know any tms trader doing single entry single exit on those timeframes who is a strictly a trend trader If you're on m30/h1 then the daily atr is your biggest enemy if you're wanting to trade the trend. It will frequently be an issue unfortunately. with...
Well isnīt that what i am talking about So how do you want to make money ouf of this crap watching H4 (even if its only 4 times per day for a few minutes) where you might end up in 2-3 trades per month and a 100 pips+ to your account if you are lucky without taking huge amounts of risk of massive amounts of trading capital.

Or move to H1/M30/M15/M5 or even a Tick Chart where you get dozens of signals you have to figure out manually each one and analyse to its bones because you cannot simply trust in the indicators alerts because it doesnīt take care of market structure, S/R and so on... And you will get like 30 signals per day where you "possible" could trade but 28 of them are false ones and you have to make sure to spot the 2 possible ones ending in positive pips. So a 98% win ratio and 8 hours time per day you can spend on screen time watching slow moving currencies...
  • #93,132
  • Edited 3:54am Jan 15, 2019 3:42am | Edited 3:54am
A typical example of what is rare to find and i mean with that 2 out of 30 TDI signals maybe moving a 20-30 Pips in your favor without collapsing on M15/H1.

AUD/USD entered on M15 by taking care of H1

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GBP/USD entered short on M15 by taking care of H1

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And probably both short trades here would be NO VALID short trades for some because they would look to the complete left side of these charts either on M15 and H1 and say that price is making higher highs and higher lows there. So a uptrend.

But honestly how do you want to trade the trend in markets 90% of the time are NOT TRENDING?. Is this something i missed?

Tell me, what do you identify as a trend here? The complete left side of the chart needs to have formed higher highs higher lows, so up trend for just the time frame you enter and plan your exit on, for the next higher one as well? Then you will most likely end up placing a buy order where the trend is exhausting or flattening and your nice buy order WITH THE TREND is now ranging side ways for 5-10 pips up and down for the next couple of hours Or it will go sharpy against you due to some brexit news withing seconds.
  • #93,133
  • Jan 15, 2019 3:45am Jan 15, 2019 3:45am
Quoting lddd
Tekkies still posting his cherry picks (mostly only winners) on the Dax here Honestly Tekkies, nice if you could found your way to repeating success but do you really think this will help anyone one bit here? Please show us your last trades for the last 30 days (all winners and losers) on something like GU or any other major currency pair like most people here try to master and want to trade. Can you? I mean even if this is for god sake the Dax because you have constant spread here and canīt trade GU for what ever reason. Then post...
Yes, could do that Iddd. Post a chart H1. Great that is how Tekkies trade.
What are you going to say if you try to trade like me and still lose because you missed a detail.
Here is a loss I suffered yesterday. That rip account balance to shred. Not margin call, just a unnecessary stupid dent. Call it what you want.
Did not follow the MY rules (made a assumption) and stubbornly refused to close that sell. a Major stumbling block I have.
That chart posted above only there to show you that you need to develop your own method.
Here you are still complaining about the same subject today like you did about six months back.
What are the clear defined rules that you follow? On all my charts I can show exactly why each trade was placed.
Edit: By the looks where price is going, my assumption was 12 hours to early.
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  • #93,134
  • Jan 15, 2019 3:52am Jan 15, 2019 3:52am
Quoting lddd
{quote} Well isnīt that what i am talking about So how do you want to make money ouf of this crap watching H4 (even if its only 4 times per day for a few minutes) where you might end up in 2-3 trades per month and a 100 pips+ to your account if you are lucky without taking huge amounts of risk of massive amounts of trading capital. Or move to H1/M30/M15/M5 or even a Tick Chart where you get dozens of signals you have to figure out manually each one and analyse to its bones because you cannot simply trust in the indicators alerts because...


combining Price action and indicators will filter the bad signals. However having said that, it's much more easier said than done

I would suggest to you to keep trying and coming at it from different angles and trying new things.

also it doesn't hurt to try other systems. sometimes you spot something someone has written in another system which shines a light on something you were previously confused about. or sometimes you spot the same price action setups throughout many different systems and this helps cement what you should be looking for.

one thing i also started doing is giving each setup a name, and logging the results. i'd name setups like last swing broke, div hl, big hidden d ...etc and each time i took a trade i'd make a note if it worked or not and write what kind of setup it was. by that you start to identify setups that are working for you, and setups that are failing for you, and you can either severely lower the lots on the ones that are failing [whilst you are trying to successfully learn the setup], or you can ditch that setup completely.

for example, someone might be trading hidden divergence setups correctly and getting more winners than losers, ..but failing on pure divergence setups.
The failings on pure divergence setups is actually dragging the account down. By naming setups and identifying which ones are working for you and which ones are failing you give yourself a better chance of not accumulating negative pips in the long run.
  • #93,135
  • Jan 15, 2019 3:59am Jan 15, 2019 3:59am
Quoting lddd
A typical example of what is rare to find and i mean with that 2 out of 30 TDI signals maybe moving a 20-30 Pips in your favor without collapsing on M15/H1. AUD/USD entered on M15 by taking care of H1 {image} GBP/USD entered short on M15 by taking care of H1 {image} And probably both short trades here would be NO VALID short trades for some because they would look to the complete left side of these charts either on M15 and H1 and say that price is making higher highs and higher lows there. So a uptrend. But honestly how do you want to trade the...


gbp/usd is currently in an uptrend imo if you are on h1.
the position of the green tdi on the next two higher time frames tells you that [above 50], and you've also got higher highs and higher lows. i suspect what you are seeing now is a pullback due to the fear of the brexit vote. and if the result comes out as expected price to resume the trend.

edit h1 has just dipped below 50 so i wouldn't say that individual timeframe was trending atm, but it was imo
  • #93,136
  • Jan 15, 2019 4:04am Jan 15, 2019 4:04am
To give you another example of what my fully automated trading robot account looks since 2016.

Thats a 135+% total with time spend in front of the screens = ZERO..

So if you say but hey with the TMS you can make 10 or 20 % each month cherry picking while spending 8 hours in front of the screen each new day, please show it to me...


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  • #93,137
  • Jan 15, 2019 4:18am Jan 15, 2019 4:18am
Quoting kain775
{quote} gbp/usd is currently in an uptrend imo if you are on h1. the position of the green tdi on the next two higher time frames tells you that [above 50], and you've also got higher highs and higher lows. i suspect what you are seeing now is a pullback due to the fear of the brexit vote. and if the result comes out as expected price to resume the trend. edit h1 has just dipped below 50 so i wouldn't say that individual timeframe was trending atm, but it was imo
Yes. But the point is. You donīt find a lot of situations where price is clearly trending into one direction (lets say to the UPSIDE) + you get a BUY signal. So on M15 or H1 the move will last for another 10-15 pips maybe before this "trend" is finally exhausted. So you buy in at the END of an established uptrend just because you looked at the PAST telling you that you are withing an uptrend and the saying is "trade with the trend".

But most likely what will happen is the following. You buy in on M15/H1 here near to the end of the movement because the PAST chart is showing you a established uptrend (some swings of higher highs higher lows) but what you donīt know the end is already near and your nice buy position now idleīs hours in a market shifting to ranging condition or even turning sharply against you hitting your SL (even if its just a little pull back on the larger overall uptrend).

Also i got a SHORT signal here by the TDI not a BUY signal. So if the rules are saying not to trade against the trend the fucking indicator should not give me a short signal at all.. Thats what i would call a "system"...
  • #93,138
  • Jan 15, 2019 4:29am Jan 15, 2019 4:29am
Quoting lddd
{quote} Also i got a SHORT signal here by the TDI not a BUY signal. So if the rules are saying not to trade against the trend the fucking indicator should not give me a short signal at all.. Thats what i would call a "system"...


a short signal in an uptrend is a counter trend signal [one counter trend traders may consider taking depending on price action and whats going on with the htf]
tdi does not only give trend trading setups.

whilst i wouldn't say trend trades are plentiful on tms, if you use mtf analysis it is possibly to find viable ones sometimes
  • #93,139
  • Jan 15, 2019 4:37am Jan 15, 2019 4:37am
Quoting lddd
A typical example of what is rare to find and i mean with that 2 out of 30 TDI signals maybe moving a 20-30 Pips in your favor without collapsing on M15/H1. AUD/USD entered on M15 by taking care of H1 {image} GBP/USD entered short on M15 by taking care of H1 {image} And probably both short trades here would be NO VALID short trades for some because they would look to the complete left side of these charts either on M15 and H1 and say that price is making higher highs and higher lows there. So a uptrend. But honestly how do you want to trade the...
Iddd
Based on what you have posted.
H1 - TDI green cross red up, stoch confirm direction
D1 - TDI and Stoch confirm direction.
See how many false H1 crossover the D1 TDI has canceled out.
Look at the GBP/USD you posted:
- Long term trend is up.
- That entry is placed on the short term trend.
- Few bars left a small Resistance.
- W1 is in a strong uptrend
(not part of TMS H1 stoch is already approaching OB.)
I would put a trailer stop on that trade it is not going down far.
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  • #93,140
  • Jan 15, 2019 4:48am Jan 15, 2019 4:48am
Quoting kain775
{quote} a short signal in an uptrend is a counter trend signal [one counter trend traders may consider taking depending on price action and whats going on with the htf] tdi does not only give trend trading setups. whilst i wouldn't say trend trades are plentiful on tms, if you use mtf analysis it is possibly to find viable ones sometimes
Thats what i was meaning. And in times of brexit you even find less of such trades... So i asked how people able to keep beeing constantly profitable in terms of (making serious amounts of money worth spending the time in front of the screens) you need to invest here obviously to filter out these huge amounts of false signals you get here on just one chart. If you then even try to day trade this with 10 different charts open, well good luck...

If you say H4/Daily gives far better results here. I just looked back on GU for the last month on H4. Even if i had been able to spot EVERY of these signals perfectly i maybe would have ended up in 3 out of 4 winning trades. More realistic maybe 2 out of these 4 good entry signals.

So how do you manage to make money at least able to cover costs for even food (no luxury goods) by trading only this one market on H4? Simply no way or you would need to have millions on such account to keep in balance with a risk level of 1-2% per trade.
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