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Trading Made Simple

  • #4,241
  • May 30, 2011 12:02am May 30, 2011 12:02am
Quoting st.forex4677
Thx Incredible.

How's trading these days?
Good Thankyou...
Trade responsiblypatience is the key/Swing trader
  • #4,242
  • May 30, 2011 12:35am May 30, 2011 12:35am
Quoting Incrediblle
Good Thankyou...


Hey, incredible,

I have question here:
I observed that the TDI red green crossed over and the green above the red line. that means time to buy right?
I also checked for h1 & h4 audusd just now.
h4 crossed + 1 candle green above the red, and the crossed line open again?

How do you come up with the situation?
would you please kindly guide me through this forex life.

I see an opportunity and good moment in this forex life but my entry always goes to the opposite market trend.
  • #4,243
  • May 30, 2011 12:40am May 30, 2011 12:40am
Quoting st.forex4677
Hey, incredible,

I have question here:
I observed that the TDI red green crossed over and the green above the red line. that means time to buy right?
I also checked for h1 & h4 audusd just now.
h4 crossed + 1 candle green above the red, and the crossed line open again?

How do you come up with the situation?
would you please kindly guide me through this forex life.

I see an opportunity and good moment in this forex life but my entry always goes to the opposite market trend.

TODAY IS LOW VOLATILE DAY...SO DONT TRADE.tdi MIGHT GIVE DIFFERENT SIGNALS.
Trade responsiblypatience is the key/Swing trader
  • #4,244
  • May 30, 2011 12:47am May 30, 2011 12:47am
would you mind to upload the session clock that in ex4 format?
the mq4 is not compatible with my MT trader software

Thx guys,[/quote]

Open the mg4 file with MetaEditor and push "Compile" button.
ex4 format is compiled version of mg4.
  • #4,245
  • May 30, 2011 2:09am May 30, 2011 2:09am
looks like a slow day today but this trade looks pretty safe
USD/CHF H1 Short. - 30 pip SL, no TP
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 30 KB
  • #4,246
  • May 30, 2011 2:39am May 30, 2011 2:39am
Quoting 33drifter
looks like a slow day today but this trade looks pretty safe
USD/CHF H1 Short. - 30 pip SL, no TP

I would not take it
1. It is a slow day
2. Physco level of .85 is big resistance
3. On 4 hr it has bounced off this 4 or 5 times recently


Fred
  • #4,247
  • May 30, 2011 2:58am May 30, 2011 2:58am
one question: if the first bar is bearish (TDI cross down of course) and i go short on the second bar, but this one tend to reverse and close bullish... should i go out of the trade immediately?

For Example last bar on E/J H4 Chart...
Attached Image (click to enlarge)
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  • #4,248
  • May 30, 2011 3:06am May 30, 2011 3:06am
Quoting st.forex4677
Hey, incredible,

I have question here:
I observed that the TDI red green crossed over and the green above the red line. that means time to buy right?
I also checked for h1 & h4 audusd just now.
h4 crossed + 1 candle green above the red, and the crossed line open again?

How do you come up with the situation?
would you please kindly guide me through this forex life.

I see an opportunity and good moment in this forex life but my entry always goes to the opposite market trend.
Can I suggest that you read the "silent service method" thread through from start to finish. If you are trading daily charts this will really open your eyes.

I'm not suggesting that you switch to that method in its entirety but if you had known that 1.41 was a significant s/r level then you would have had an entry 180 pips ago and be at break even already.
  • #4,249
  • Edited 3:16am May 30, 2011 3:14am | Edited 3:16am
Morning all

I've uploaded a screenshot of my current display on the M5 method on the 1 hr charts, where can i get the indicator that displays the high, low of that day or month?

on this screen shot am i missing anything for the M5 method? look forward to your replys

Link: http://imageshack.us/photo/my-images/90/m5setup.jpg/
  • #4,250
  • May 30, 2011 3:15am May 30, 2011 3:15am
Quoting Incrediblle
pivot,fractals,round number grid,magnified market price,candle time.
Thanks for info Incredible

Just out of interest i was wondering how many markets you guys study to potentially put a spread on? I am trying to stick to GBPUSD to try and learn its behaviour and prices but also have 14 other markets open to try and learn how MT4 works and get a better understanding of reading charts and .tdi

Andy
  • #4,251
  • May 30, 2011 3:35am May 30, 2011 3:35am
My TMS Radar Screen is empty - no acceptable setups appeared last few hours. My advice (though I might be wrong and I deny any responsibility) is: stay aside today, read books, check out forums, clean your closet :-)

Inserted Video
Attached Image
Bah...
  • #4,252
  • May 30, 2011 3:37am May 30, 2011 3:37am
Quoting Hugh Briss
Can I suggest that you read the "silent service method" thread through from start to finish. If you are trading daily charts this will really open your eyes.

I'm not suggesting that you switch to that method in its entirety but if you had known that 1.41 was a significant s/r level then you would have had an entry 180 pips ago and be at break even already.

Hi Hugh,
How do you get the "silent service method" from?

Rgrds,
  • #4,253
  • May 30, 2011 3:38am May 30, 2011 3:38am
Quoting Andy1987
Thanks for info Incredible

Just out of interest i was wondering how many markets you guys study to potentially put a spread on? I am trying to stick to GBPUSD to try and learn its behaviour and prices but also have 14 other markets open to try and learn how MT4 works and get a better understanding of reading charts and .tdi

Andy
I scan more than 12 pairs and all of them provide good setups once in a while. However, Big E suggested only few of them and I'd recommend to stick to them until you get used with TMS.

Plamen
Bah...
  • #4,254
  • May 30, 2011 4:27am May 30, 2011 4:27am
Quoting Andy1987
Thanks for info Incredible

Just out of interest i was wondering how many markets you guys study to potentially put a spread on? I am trying to stick to GBPUSD to try and learn its behaviour and prices but also have 14 other markets open to try and learn how MT4 works and get a better understanding of reading charts and .tdi

Andy
I am scanning 7 major pairs.
Trade responsiblypatience is the key/Swing trader
  • #4,255
  • May 30, 2011 4:43am May 30, 2011 4:43am
Quoting Incrediblle
I am scanning 7 major pairs.
I stick to only one pair Eur Usd
  • #4,256
  • May 30, 2011 5:17am May 30, 2011 5:17am
Quoting plamendp
I scan more than 12 pairs and all of them provide good setups once in a while. However, Big E suggested only few of them and I'd recommend to stick to them until you get used with TMS.

Plamen
plemen can you brief me the interpretation of the slope value on your modified version of tms.how do you read them or scan them? Is it the same angle/slope value related to clock? I am tryn to experiment something here
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #4,257
  • May 30, 2011 6:12am May 30, 2011 6:12am
11 Minutes have passed to Newyork open and trading in only 3 Pips range
  • #4,258
  • May 30, 2011 6:19am May 30, 2011 6:19am
NY is closed. Holiday today
  • #4,259
  • May 30, 2011 6:22am May 30, 2011 6:22am
USD/CAD what about this one? the bar after the news...
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  • #4,260
  • May 30, 2011 6:33am May 30, 2011 6:33am
XxLessoxX:

your chart displays a great deal of information. How did you get the TMS oscillator histogram to display the multiple timeframes on the chart?

T

Quoting XxLessoxX
setup earlier on 1 hr and now confirmed on 4hr. candles are small, there is no momentum and trading under a pivot line....bank holidays for the U.S. and G.B. All in all maybe not the best trade i have taken. small tp and sl as there just is not any speed on the PA....
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