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TMS for M30 charts

  • #18,081
  • Dec 9, 2020 12:59pm Dec 9, 2020 12:59pm
Scorps, you did not trade EA today? I missed it as I was outside..H4 is slowly showing a regular bullish divergence now off TL support
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 66 KB
Click to Enlarge Name: EURAUDH4.png Size: 77 KB
the cautious seldom err....C
  • #18,082
  • Dec 9, 2020 1:11pm Dec 9, 2020 1:11pm
Quoting pips29
Scorps, you did not trade EA today? I missed it as I was outside..H4 is slowly showing a regular bullish divergence now off TL support {image} {image}
the good old TDI 2006 shows a checkmark!

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Dec 09 H4 checkmark 10-12-2020 3-09-25 am.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,083
  • Dec 9, 2020 2:11pm Dec 9, 2020 2:11pm
Quoting pips29
{quote} Hey the Scorps , what you have was a bearish hidden divergence. I traded cable with similar divergence instead {image}
I was not really aware of the trade at LO seen it goes by while I did nothing, but I took the M30 div long for +30 pips off BRN and trend lines support on the daily chart so div off sup as Likica said, rains and repeat
I Have Learned to Take Some Losses to Make Profits
  • #18,084
  • Dec 9, 2020 2:13pm Dec 9, 2020 2:13pm
Quoting emmanuel7788
{quote} the good old TDI 2006 shows a checkmark! {image}
Hey Emma, I am using the tdi to detect divergence mainly. I take my entry from the main chart, so not interested with a check mark or a cross.
the cautious seldom err....C
  • #18,085
  • Dec 9, 2020 2:17pm Dec 9, 2020 2:17pm
Quoting TheScorpS
{quote} I was not really aware of the trade at LO seen it goes by while I did nothing, but I took the M30 div long for +30 pips off BRN and trend lines support on the daily chart so div off sup as Likica said, rains and repeat
Yeah, we trade what works and I don't trade LO but many do with success
the cautious seldom err....C
  • #18,086
  • Dec 9, 2020 2:20pm Dec 9, 2020 2:20pm
Quoting emmanuel7788
{quote} the good old TDI 2006 shows a checkmark! {image}
intersting day tomorrow on eur aud might pish down to test the lows will see how it goes
maybe another div tomorrow for longs
I Have Learned to Take Some Losses to Make Profits
  • #18,087
  • Dec 9, 2020 2:23pm Dec 9, 2020 2:23pm
Quoting TheScorpS
{quote} intersting day tomorrow on eur aud might pish down to test the lows will see how it goes maybe another div tomorrow for longs

every day is an interesting day - we can buy and we can sell in the same day .

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #18,088
  • Dec 10, 2020 3:15am Dec 10, 2020 3:15am
Quoting TheScorpS
Thx Likica, this is my trade for GJ short +50 pips , when the trade was opened a div trade will look impossible to work out, the most simple trades yields the most pips gained {image}
Pips was right about the setup that is hidden div.
Appreciation is the key to wealth and happiness
  • #18,089
  • Dec 10, 2020 3:27am Dec 10, 2020 3:27am
when taking big regular div (marked in red line) , make sure there was not an opposite hidden div (makred in white) formed just before that or you trade would not work out as smooth as you expect...
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM30 bullish hidden.png Size: 80 KB
Appreciation is the key to wealth and happiness
  • #18,090
  • Dec 10, 2020 10:33am Dec 10, 2020 10:33am
It's great to see the market killers back in town. I read the whole thread a few times, still need a lot more experience and learning. We need you guys feed us more

BTW gold gave good results recently.

Trump: I like oil
Me: I like gold

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM30.png Size: 52 KB
  • #18,091
  • Dec 10, 2020 5:13pm Dec 10, 2020 5:13pm
This bearish divergence on AUDUSD looks kinda cute... would anyone else take this trade? still learning the system
Attached Image (click to enlarge)
Click to Enlarge Name: aud usd.JPG Size: 176 KB
  • #18,092
  • Dec 10, 2020 10:19pm Dec 10, 2020 10:19pm
Quoting emmyidk
This bearish divergence on AUDUSD looks kinda cute... would anyone else take this trade? still learning the system {image}
Not me, sellers are not ready, only profit taking...
Appreciation is the key to wealth and happiness
  • #18,093
  • Dec 10, 2020 10:26pm Dec 10, 2020 10:26pm
Quoting successwill
It's great to see the market killers back in town. I read the whole thread a few times, still need a lot more experience and learning. We need you guys feed us more BTW gold gave good results recently. Trump: I like oil Me: I like gold {image}
Gold spread is high, SL is wide...choose your location for your entries wisely to avoid sitting with big DD.
Appreciation is the key to wealth and happiness
  • #18,094
  • Dec 10, 2020 10:41pm Dec 10, 2020 10:41pm
Quoting likica
{quote} Gold spread is high, SL is wide...choose your location for your entries wisely to avoid sitting with big DD.
Couple of brokers offer spreads between 7-20pts on gold, which is okayish, but on some brokers it's like, 50-100pts which is literally untradeable if you are day trading or scalping, pointless.
  • #18,095
  • Dec 10, 2020 10:46pm Dec 10, 2020 10:46pm
EJ is sitting for coffee in short :-), 1st entered after divergence formed, 2nd entered after HL formed, will check back @FO LO
Attached Image (click to enlarge)
Click to Enlarge Name: 110-11.12.20 EURJPYM30 DIV LH LL.png Size: 72 KB
Appreciation is the key to wealth and happiness
  • #18,096
  • Dec 11, 2020 2:16am Dec 11, 2020 2:16am
Quoting likica
{quote} Gold spread is high, SL is wide...choose your location for your entries wisely to avoid sitting with big DD.
Quoting Pixelsniper
{quote} Couple of brokers offer spreads between 7-20pts on gold, which is okayish, but on some brokers it's like, 50-100pts which is literally untradeable if you are day trading or scalping, pointless.
Yeah spread is problem with gold but my broker is among the best. I am ok with it. I like its fast moving nature, not boring

Quoting likica
EJ is sitting for coffee in short :-), 1st entered after divergence formed, 2nd entered after HL formed, will check back @FO LO {image}
I took EJ and EC. Altough i dont like this structure of EJ

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30.png Size: 43 KB
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Click to Enlarge Name: EURCADM30.png Size: 38 KB
  • #18,097
  • Dec 11, 2020 2:21am Dec 11, 2020 2:21am
Quoting successwill
{quote} {quote}I like its fast moving nature, not boring {quote}{image}{image}
Yup, after trading gold everything else is just a turtle.
  • #18,098
  • Dec 11, 2020 5:40am Dec 11, 2020 5:40am
Quoting PixelSniper
{quote} Yup, after trading gold everything else is just a turtle.
Treebeard: "I always like going South, somehow it feels like going downhill"

Somehow i like selling rather than buying. Especially Gold

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM30.png Size: 44 KB
  • #18,099
  • Dec 11, 2020 5:43am Dec 11, 2020 5:43am
Quoting successwill
{quote} Treebeard: "I always like going South, somehow it feels like going downhill" Somehow i like selling rather than buying. Especially Gold {image}
The reason is simple, go and do some data analytics on python and you will find.
Sell side is always faster & harsher, because it is XXX Versus Dollar.
That means when dollar gains strength, the fooken thing loses it's mind, basicly.
Once a guy said, bull runs can make you money but bear runs will make you rich..
Best Wishes
  • #18,100
  • Dec 12, 2020 12:05am Dec 12, 2020 12:05am
Quoting likica
when taking big regular div (marked in red line) , make sure there was not an opposite hidden div (makred in white) formed just before that or you trade would not work out as smooth as you expect... {image}
Awesome examples of divergences.
Love the point that you mention to wait after another divergence was traded.
I also look for oversold overbought possibilities after long trend runs, divergences are just exhaustion points.
I know they are true killers in the hands of a right trader, because i know some.
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