Just a journal

Just a journal... sometimes feels bored just screenshoot-ing and typing entry conditions on ppt... and posting, for me personally, makes me more discipline to a new method i'm learning, such that i can know whether the method truly works or not...

original TMSr thread by RobinHood
https://www.forexfactory.com/showthread.php?t=917569
conclusion: It works after a few months.. To get the best trades, add emmanuel7788 suggestion of both stochs in unison.

posts i really like:

by strat on Dr.Joe:
https://web.archive.org/web/20120603...earning:dr_joe

by emmanuel7788:
Learn Price Behaviour by professional trader Mike Baghdady(click).. similar like what Dr Joe said to strat..
I have done my hardwork over the last 20 years trading this brutal spot forex market (click)
But the second mouse will enjoy the cheese... in trading those who are the mouse will enjoy CONSISTENCY in profits. (click)

closed H4 trade as per rule: 3/7 criteria turn bearish -> red/red bar n hull ma red. -0.376R -> small.. lol

TMSr crossover H4 long CF. (signal line is yellow),late entry(green line): today 2pip above signal EP
-> didn't enter as the signal was 4 hours before last weekend ends.. anything could happen during weekend and it was sleeping time
-> didn't place a buy limit at signal EP as large spread and it is only 2pips as well as i'm trading H4
-> didn't post in original thread as most don't trade CHF pairs and it is 3 more days before month ends, so this is more risky.

Personal discretion:
-> When signal appeared, left chart H4 (stoch slope okay). The following bar marks the end of weekend, supposed to wait till 1st H1 bar of a new weekend closes as before the spread was rather large, but missed again due to nature's call... lol, then enter at 2pips above signal line.. H4 is rather risky as there is a big candle to the left, unknown whether PA will break upwards or whether it will bounce downwards.. Anyway there is space for 3.5R before reaching upper limit of a D1/W1 range, but i'm only taking 2R, so should be able to reach it if it goes up.

-> Right chart D1, structure is HH,HL but within ranging D1/W1-> PA seems to bouncing up from D1 support, bar is blue/blue, makes HH n HC, cls above 5 ema shift 2, hull ma green, stoch <0 n slope is okay, rsi >50 -> TMSr 4/7. W1 is ranging, last week trapped in between hull and ema -> more likely low volatility this week too, 5 days ADR (41) is roughly the same as 20 days ADR (43). W1 TMSr conditions 6 okay except HA red.

-> Conclusion: i'm not going to trade JPY, GBP n USD pairs most of the week as rate stuff announcement n NFP, so let's trade CHF without emotion, according to the same rules as TMSr, and since H4 fits D1 as a larger TF.. i accept the risk -> so yeah let's enter it

closed H4 trade as per rule: 3/7 criteria turn bearish -> red/red bar n hull ma red. -0.719R

TMSr continuation H4 short EU. (signal line is yellow)
-> didn't post in original thread as this is more risky.

Personal discretion:
-> When signal appeared, left chart H4 (stoch slope bad). H4 is rather risky as there is 2 big candle to the left, unknown whether PA will break upwards or whether it will bounce downwards.. and 2.5 half days before months end, PA may pull back up -> lost trade.
-> Right chart D1, structure is LL, LH, TMSr 7/7, stoch slope is bad, APB n HA cls abv Hull ma which indicates low volatility, looking to the left i'm selling into support... lol... omg
-> W1 TMSr 7/7, stoch slope okay

-> Conclusion: H4 is in line with W1 n D1. i'm supposed to EP based on just TMSr criteria and H4 in line with upper TF, forex result is random, i accept the risk -> so let's enter it

Edit -> SL hit. -0.484R

TMSr crossover H4 short AN. (signal line is yellow)

Personal discretion:
-> Right chart H4 (stoch slope okay). H4 is rather risky as 2 days before month end, PA may pull back up -> lost trade. Furthermore now in triangle structure, unknown whether it will break up or down.
-> Left chart D1 just formed a new continuation TMSr 7/7 this morning as well, 5 bars before were stuck between hull ma n ema -> low volatility, indicated by formation of triangle in H4, fast stoch slope not okay.
-> W1 TMSr 7/7, stoch slope okay

->2.5 hours more is AUD orange news (Building Approvals m/m), i will move the SL to 2xATR(10) distance from the low of H4 bar 30min before news (26pips- since atm my SL is bigger, i dont need to change SL 30 before news) and change %risk if needed, but since i'm still trading at the lowest fixed lot 0.01 for the first 20 trades before increasing my lot size slowly (building my level of comfortable for this system, this is according to Mark Douglas book Trading in the Zone) while not trading any large ADR pairs for the time being..

-> Conclusion: H4 is in line with W1 n D1. i'm supposed to enter based on just TMSr criteria and H4 in line with upper TF, forex result is random, i accept the risk so let's enter it

TMSr continuation H4 short AJ. (signal line is yellow)

Personal discretion:
-> Left chart H4 (stoch slope okay). H4 is rather risky as 2 days before month end, PA may pull back up. Worse ADR is already 102%, i wonder whether PA will continue to move downwards or not...lol definitely more risky
-> Right chart D1 TMSr 7/7
-> W1 TMSr 5/7, fast stoch >50, hull ma not yet deep pink.

-> BOJ PC ended 2.5h ago, this marks the signal. Others seem to enter earlier, totally the same pattern for continuation variation of H4 TMSr as UJ last night (actually this variation kind of contradict the post #1 as hull ma criteria is not meet, i guess it is just a personal discretion from TMSr OP). Actually there are several CP to choose from to trade: AC, AN, EA, EN, AJ, NJ, NF; Considering several personal discretion, also i have entered AN, n furthermore according to mataf correlation tool, AJ n AN has no correlation for H1, H4 nor D1, AJ is chosen.

-> Conclusion: H4 is in line minimal with D1. i'm supposed to enter based on just TMSr criteria and H4 in line with upper TF, continuation pattern is supposed to be safer but forex result is random, anyway i accept the risk so let's enter it..



this pict below is the mentioned same variation pattern that is used to enter earlier, hull ma criteria not met yet.



Edit: SL hit. -0.149R. Looking at above mentioned AC, EA, EN, NJ, NF; they seem to be doing better than AJ which is taken... lol.. is it plain bad luck through thinking logically? or forex is just random? lol... let's see after 20 trades ends... atm within 4-5 trading days, a total of 8 trades taken consisting of 1 still running, 1 win, 6 lost, but the amazing thing is net +0.084R... lol, cool

Trade#8 TMSr crossover H4 long CJ. (signal line is yellow)

Personal discretion:
-> Left chart H4 (stoch slope okay). Have to enlarge chart to see the valid cross after H4 candle closes.
-> Right chart D1, (yellow line placed wrongly, supposed to be next candle), structure is HH,HL -> up. TMSr criteria 6/7, slow stoch <50, slope okay.
-> W1 last week trapped in between hull and ema -> low volatility this week, 5 days ADR (36), 20 days ADR (41). W1 TMSr criteria 4/7, rsi 49 n candle red/red. Today is last day of the month, PA may be weird..
-> According to mataf correlation tool, CJ n AJ nor CJ n AN does not correlate with each other in H1, H4 n D1.

--> Conclusion: H4 is in line minimal with D1. i'm supposed to enter based on just TMSr criteria and H4 in line with larger TF, forex result is random, anyway i accept the risk so let's enter it..



Edit: now, at MT5 08 hour, EF gives a long signal, CF too, while EC short. EF? hmm.. excluded from personal discretion, CF is H4 n D1 correlated with CJ, EC is D1 correlated. Definitelya no enter for CF while very tempted to enter EC, after calculating that to reach TP may need a full day as the ADR is already 42.9%, let's play safe not to double the risk as tonight there will be red CAD news GDP m/m, also D1 for EC is really terrible -> low volatility and consolidation, so yup CJ is enough for the time being, stay discipline till 20 trades ends then evaluate. Not trading any USD n GBP pairs atm due to incoming FOMC n BOE rate decision soon..

Edit: SLhit. -0.677R.
After FOMC, lol.. CF n CJ reverses... but EC is doing very well... forex is really random.. i really should consider splitting my risk to enter 2 CP that only correlates with D1 but not H4 n D1; this happens minimal 2 occasions, in which another pair gains 2R, while the one i took result in a loss <1R.. lol... my risk:reward is <=1 : 2, and since trading 8x, many losses can be covered by just 1 win, i should really consider... anyway let's see after a total of 20 trades..

SL hit. -0.316R

Trade#9 TMSr crossover H4 short AC. (signal line is yellow)

Personal discretion:
-> Left chart H4: stoch slope okay.
-> Right chart D1: structure is LH,LL -> down. TMSr criteria 7/7..
-> W1 last 2 weekS trapped in between hull and ema -> low volatility this week, 5 days ADR (48), 20 days ADR (51). W1 TMSr criteria 7/7

Today is a new month..

i don't know until when will this D1 keeps going down, will it retrace today and hit H4 SL? i don't know.. nobody knows.. fear of not being right / fear of being wrong... this is what i'm trying to overcome for this method.. lol.. anyway this is forex, result is random, as long as we have an edge in money management, psychology and method, it is enough... result is random.. discipline in entering and exiting trades..

i entered this trade definitely not because of FOMO as there are a total of 8 choices, 1 is a GBP pair which i'm not going to enter due to later BOE rate, 4 pairs due to big candle, very tempted to enter, only good to enter if it retraces first, anyway let's choose the best pair according to personal discretion, i can only add another rule after a total of 20 trades.. the rest excluded based on D1 n W1 structure..

--> Conclusion: H4 is in line minimal with D1. i'm supposed to enter based on just TMSr criteria and H4 in line with larger TF, forex result is random, anyway i accept the risk so let's enter it..

-> Edit: omg, i just noticed a big candle to the left... lol....



-> Edit: SL hit. -0.739R

Trade#10 TMSr continuation H4 long CF

Personal discretion:
-> Left chart H4: stoch slope okay.
-> Right chart D1: structure is HH,HL -> up, new crossover TMSr long criteria 7/7, actually don't really like it as the bar is between hull n ema and long pin.. but yesterday is end of month, weird PA usually
-> W1 last weeks trapped in between hull and ema -> low volatility this week, 5 days ADR (36), 20 days ADR (41). W1 TMSr criteria 6/7 HA is red.

Today is a new month..
-> TheSpoof mentioned that not wise to trade CF (watch his video), what he says totally makes sense, he is successful with the strategy as well, maybe i should listen to him, guess this is FOMO? i think so...lol... there are also USD pairs, AN n FJ to choose from, USD pairs have large candles, AN against D1 structure, FJ D1 consolidation, tempted to enter USD pairs but big candles sometimes work n sometimes dont, best wait for a retrace... n FJ definitely a no enter... tempted to enter AN, but training myself to enter CP (currency pair) that is inline with larger TF, leaving only CF.
-> AC n CF does not have H4 n D1 correlation
-> maybe should consider which CP gives me the most frequency of loss, biggest loss too, then exclude those pairs after 20 trades... yup.

-> Conclusion: i'm not going to trade GBP pairs due to BOE rate, not trading USD pairs due to big candle, not trading anything against D1 structure, so let's trade CHF without emotion, according to the same rules as TMSr, and since H4 fits D1 as a larger TF.. forex result is random, i accept the risk -> so let's enter it



Edit: SL hit. -0.659R

Trade#11 TMSr crossover H4 long EN

1. H4 criteria 7/7 (missed entry at previous bar, because smTMMS oscillator bar is so small...lol, but it's reassuring to see the stochs slope...thats why two of the same indicator that gives the same thing is there...lol.. at least at the moment..), anyway the large candle 100.2p vs 20ADR(92), has retraced to its 50%, should have entered there..
2. D1 bar blue/blue, not small, not pin.
3. CP taken do not have H4 n D1 correlation (EN n AN)

Edit: ADR reaches 153%, with extra long H1 candle 68.3p vs 20ADR(92), and decided to close it before NFP or weekend, not going to let my profit to be taken by the market after reaching 1.028R.. this is one of my fear yet to overcome, fear of letting profit run..

Trade#12 TMSr crossover H4 short AN (FOMO...lol)

1. H4 criteria 7/7, looking to the left, it is ranging!! lol... but it is a brakeout to the downside which is line with D1. Candle is big 82.7p vs 20ADR(47).
2. D1 bar red/red, not small, not pin. Oh man, so many D1 pins to the left huh (ranging in H4)..
3. CP taken do not have H4 n D1 correlation (EN n AN)

Conclusion: I think this is FOMO... yup. lol.. should be more patient, wait until it retraces to 50% then enter...

Edit: since it is FOMO -> decided to close it straight... lol

Trade#13 TMSr crossover H4 short NC

1. H4 criteria 7/7
2. D1 bar red/red, not small, not pin.
3. CP taken do not have H4 n D1 correlation (EN n NC do not have D1 correlation)