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TMS for M30 charts

  • #18,281
  • Edited 8:30pm May 23, 2021 8:17pm | Edited 8:30pm
Quoting taksistalo
{quote} If something doesn't work for you doesn't mean it's not working. Trading is really relative, some people maybe successful with strategies which will sound like bs to you. Don't say something doesn't work if you can't use it. If you use divergency properly as one of the tools in you trading box it does help to catch good move. PA is a king for sure, than you add some things to get confidence in your decision. One I can agree is don't use divergency by itself that won't work.
Well said!

Quoting heispark
{quote} Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."...
Agreed with Joe Dinapoli, but sorry to say to you that I thought highly of you and your opinions in the past, however, something must have happened recently that I feel you got on your nerves.

Regarding your above statement in my thread and about my trading style, I have to borrow a quote to say to you:
"When the monkey can't reach the ripe banana with his hand, he says it is not sweet". - Sudanese Proverbs.

Leave if you have nothing positive and helpful to contribute to this thread.

Quoting lilMT
Thank you for the sharing it's really helpful
Welcome to M30 thread. I am glad if you found something sharing in this thread helpful.
All the best!
Appreciation is the key to wealth and happiness
  • #18,282
  • May 23, 2021 9:24pm May 23, 2021 9:24pm
For those who questioned about trading into DOL/200MA, do not trade if in doubt.
A snapshot of my EURAUD short during NY on Friday 21st, price turned around at recentS/R while TDI @S/R too (look at my purple thin horizontal line), exited at recent S/R and 200ma. Of course anything could happen after a trade was entered and our roles here to manage it well based on our knowledge and experience.
Attached Image (click to enlarge)
Click to Enlarge Name: 21.5.21 F EURAUD.aM30@R DT+.png Size: 97 KB
Appreciation is the key to wealth and happiness
  • #18,283
  • May 23, 2021 9:32pm May 23, 2021 9:32pm
Only taking what was available at that moment
Attached Image (click to enlarge)
Click to Enlarge Name: HDIV AUDJPY.aM30 +.png Size: 95 KB
Appreciation is the key to wealth and happiness
  • #18,284
  • May 23, 2021 11:37pm May 23, 2021 11:37pm
Quoting likica
{quote} Agreed with Joe Dinapoli, but sorry to say to you that I thought highly of you and your opinions in the past, however, something must have happened recently that I feel you got on your nerves. Regarding your above statement in my thread and about my trading style, I have to borrow a quote to say to you: "When the monkey can't reach the ripe banana with his hand, he says it is not sweet". - Sudanese Proverbs. Leave if you have nothing positive and helpful to contribute to this thread.
My nerve is fine. Thank you. My eyes are opened and now I can see the truth and reality. That's it. You're correct. I don't have anything to contribute to this thread and neither have you. All you can give to people is hindsight trading screenshots. Anyone one can do this including Phx64 who now I strongly doubt if he's a profitable trader. I myself used to post some hindsight winning screenshots pretending I was a winning trader. Why don't you bother yourself to prove me wrong by posting some real time tradings just like RJ did? Are you a profitable trader? Or just another Tekkies? Try all those stuff written in this thread and people should lose money consistently even after 10 years. Simply, Mr. market does't work in this way. You know what I mean.
Bye.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #18,285
  • May 23, 2021 11:55pm May 23, 2021 11:55pm
Quoting heispark
{quote} My nerve is fine. Thank you. My eyes are opened and now I can see the truth and reality. That's it. You're correct. I don't have anything to contribute to this thread and neither have you. All you can give to people is hindsight trading screenshots. Anyone one can do this including Phx64 who now I strongly doubt if he's a profitable trader. I myself used to post some hindsight winning screenshots pretending I was a winning trader. Why don't you bother yourself to prove me wrong by posting some real time tradings just like RJ did? Are you...
I am trading for living and I don't think I need to prove anything to you nor anyone but myself. The way you expressed telling me a lot about a current state a person is. No need to go on.
Appreciation is the key to wealth and happiness
  • #18,286
  • May 24, 2021 1:19am May 24, 2021 1:19am
Quoting heispark
{quote} Joe Dinapoli said about divergence: "Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."...
Hey Justin, I am not white knighting, just so you know.

I have followed this woman for awhile. You are correct, divergence without context will fail because there are divergences that naturally occur in bull and bear markets when you trade with the RSI. Students of Andrew Cardwell have published a lot of this. The TDI is a glorified RSI. She is aware of this.

I know without reasonable doubt that you are a strong trader. I also know that she is as well. I am simply wondering out loud if this just a miscommunication of two great traders with culture and language differences.

I know nobody likes a peace maker, so let the flames begin.
If you are good at something, never do it for free--Joker
  • #18,287
  • May 24, 2021 1:49am May 24, 2021 1:49am
Quoting jmn5611
{quote} Hey Justin, I am not white knighting, just so you know. I have followed this woman for awhile. You are correct, divergence without context will fail because there are divergences that naturally occur in bull and bear markets when you trade with the RSI. Students of Andrew Cardwell have published a lot of this. The TDI is a glorified RSI. She is aware of this. I know without reasonable doubt that you are a strong trader. I also know that she is as well. I am simply wondering out loud if this just a miscommunication of two great traders with...
They are both right in this sense:

Likica absolutely doesn't need to prove anything if she doesn't want to

Justin is right that trades posted in hindsight cannot show that a strategy is profitable, but they can be useful for teaching of course.
  • #18,288
  • May 24, 2021 2:45am May 24, 2021 2:45am
Quoting jmn5611
{quote} Hey Justin, I am not white knighting, just so you know. I have followed this woman for awhile. You are correct, divergence without context will fail because there are divergences that naturally occur in bull and bear markets when you trade with the RSI. Students of Andrew Cardwell have published a lot of this. The TDI is a glorified RSI. She is aware of this. I know without reasonable doubt that you are a strong trader. I also know that she is as well. I am simply wondering out loud if this just a miscommunication...
Hi, there. Long time no see. How's doing?
I'd like to make a correction if you don't mind. I am a consistent loser as a day trader and strong believer that day trading is a game for losers. The reason why:
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-11-09_20-51-59.png Size: 352 KB

https://www.forexfactory.com/thread/...1#post12608271

Every statistics say almost all day traders lose money in the long run. I am not here in FF to make friends and now I am just getting sick of all the fake gurus who themselves cannot make any money in trading. Yes, Tekkies is a fake guru but at least he has balls to post live TE. I am 100% sure other so-called gurus in FF have no better performance.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #18,289
  • May 24, 2021 2:59am May 24, 2021 2:59am
Quoting jmn5611
{quote} Hey Justin, I am not white knighting, just so you know. I have followed this woman for awhile. You are correct, divergence without context will fail because there are divergences that naturally occur in bull and bear markets when you trade with the RSI. Students of Andrew Cardwell have published a lot of this. The TDI is a glorified RSI. She is aware of this. I know without reasonable doubt that you are a strong trader. I also know that she is as well. I am simply wondering out loud if this just a miscommunication of two great traders with...
By the way, I was a bit disappointed to you when you posted some admiring comments about Davit long ago. If you are a serious trader with deep knowledge and experience, how couldn't you detect his strategy was flawed??

https://www.forexfactory.com/thread/...6#post13119726
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #18,290
  • May 24, 2021 4:10am May 24, 2021 4:10am
Hi likica,

Not sure what is the issue. The below is not changing. Need your help.

could you please let me know how to fix this issue.


Thanks in advance.
Attached Image
  • #18,291
  • May 24, 2021 4:32am May 24, 2021 4:32am
Quoting Mcxtrader
Hi likica, Not sure what is the issue. The below is not changing. Need your help. could you please let me know how to fix this issue. Thanks in advance. {image}
If I were you I wouldn't bother. That's just a piece of junk which will not help
the cautious seldom err....C
  • #18,292
  • May 24, 2021 4:35am May 24, 2021 4:35am
Quoting Mcxtrader
Hi likica, Not sure what is the issue. The below is not changing. Need your help. could you please let me know how to fix this issue. Thanks in advance. {image}
I don't know how to fix problem of indicators and I don't use it either (I did when it first introduced by a trader nickname Griffinsoul , after a short period, I found it too distracted and produced fault signals when market movement was volatile. Go to his thread to find out if any update of the indie.
Appreciation is the key to wealth and happiness
  • #18,293
  • May 24, 2021 5:33am May 24, 2021 5:33am
Quoting likica
{quote} I am trading for living and I don't think I need to prove anything to you nor anyone but myself. The way you expressed telling me a lot about a current state a person is. No need to go on.
Hey Likica, hope you are not too angry or distressed with what other people say. The only thing that matters is what works for you, mental issues are very common with gamblers and traders alike. It's just not mentioned regularly enough. Keep your smile on, you look better this way
the cautious seldom err....C
  • #18,294
  • May 24, 2021 5:58am May 24, 2021 5:58am
Quoting likica
{quote} I don't know how to fix problem of indicators and I don't use it either (I did when it first introduced by a trader nickname Griffinsoul , after a short period, I found it too distracted and produced fault signals when market movement was volatile. Go to his thread to find out if any update of the indie.
Thanks.
  • #18,295
  • May 24, 2021 10:44pm May 24, 2021 10:44pm
Quoting pips29
{quote} Hey Likica, hope you are not too angry or distressed with what other people say. The only thing that matters is what works for you, mental issues are very common with gamblers and traders alike. It's just not mentioned regularly enough. Keep your smile on, you look better this way
hihi,,, Thanks for reminding me Pips29. I am sure everyone looks and feels better when being kind and smiling too
Appreciation is the key to wealth and happiness
  • #18,296
  • May 26, 2021 12:10pm May 26, 2021 12:10pm
Attached Image (click to enlarge)
Click to Enlarge Name: 4605d6d8ae71082aa2bfbbeaa5e37213.png Size: 105 KB


Comments...???
  • #18,297
  • May 26, 2021 10:34pm May 26, 2021 10:34pm
Quoting beatentrader
{image} Comments...???
Nice move wasn't it? Did you spot it while it was forming or until it 's done? More important questions are did you get in?? if no why not?
GU also formed a divergence but was tougher as it was shaken hard around 200ma DOL PP before it took off toward next S/R (note that price had gone through those lines before)
Attached Image (click to enlarge)
Click to Enlarge Name: DIV GBPUSD.aM30+.png Size: 98 KB
Appreciation is the key to wealth and happiness
  • #18,298
  • May 28, 2021 10:03am May 28, 2021 10:03am
Hi,

I'm new here. I took 3 trades based on the rules to the best of my knowledge and would love your feedback.

May 28, 2021

1- GBPCHF - Sell Trade
-Regular Divergence
-TDI crossing down from Level 68
- Price @ Resistance Zone


2- AUDJPY - Buy Trade
- Hidden Divergence
- Price @ uptrend
- TDI crossing up from Level 32


3- NZDJPY - Buy Trade
- Hidden Divergence
- Price @ uptrend
- TDI crossing up from Level 32
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audjpy-a-m30-May 28.png Size: 64 KB
Click to Enlarge Name: gbpchf-a-m30 May 28.png Size: 52 KB
Click to Enlarge Name: nzdjpy-a-m30-May 28.png Size: 56 KB
  • #18,299
  • May 28, 2021 10:19am May 28, 2021 10:19am
Quoting mustafafr010
Hi, I'm new here. I took 3 trades based on the rules to the best of my knowledge and would love your feedback. May 28, 2021 1- GBPCHF - Sell Trade -Regular Divergence -TDI crossing down from Level 68 - Price @ Resistance Zone 2- AUDJPY - Buy Trade - Hidden Divergence - Price @ uptrend - TDI crossing up from Level 32 3- NZDJPY - Buy Trade - Hidden Divergence - Price @ uptrend - TDI crossing up from Level 32 {image} {image} {image}
All look good, only concern is they may not move as expect as weekend is coming and anything can happen...I would not leave anything open when market closed today. Your trades, your decision.
Appreciation is the key to wealth and happiness
  • #18,300
  • May 28, 2021 10:40am May 28, 2021 10:40am
Quoting likica
{quote} All look good, only concern is they may not move as expect as weekend is coming and anything can happen...I would not leave anything open when market closed today. Your trades, your decision.

Many thanks for your comments. I'll close the trades before market close. I'm more focused at Entry rules at this time.

I took two more trades:

1- GBPUSD - Buy Trade
- Hidden Divergence
- TDI crossing above from Level 32

2- CADCHF - Sell Trade
- Regular Divergence
- Price @ Resistance zone
- TDI crossing down from Level 68
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadchf-a-m30 - May 28.png Size: 67 KB
Click to Enlarge Name: gbpusd-a-m30-May 28.png Size: 65 KB
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