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  • #19,721
  • May 24, 2013 2:11am May 24, 2013 2:11am
Hi all,

I have taken this trade (Long for EU 4H), any comments? Is it this is a valid and strong entry?

I enter this trade because:
a. there is a strong uptrust bar
b. TDI line seem go up
c. Stoch confirm
d. There is support at Pre W Fib50%

Attached is my trading chart.

Attached Image (click to enlarge)
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  • #19,722
  • May 24, 2013 2:25am May 24, 2013 2:25am
Quoting Prominent88
Hi all, I have taken this trade (Long for EU 4H), any comments? Is it this is a valid and strong entry? I enter this trade because:a. there is a strong uptrust barb. TDI line seem go upc. Stoch confirmd. There is support at Pre W Fib50% Attached is my trading chart. {image}
From what i learned so far on this system, that is not a valid entry.
Tdi is not crossing nor is it bouncing off trendline yet. Add in to that you entered in the middle of candle.
also there is resistance right above your entry. I dont think its a good setup.

Greenb
Daniel
  • #19,723
  • May 24, 2013 2:27am May 24, 2013 2:27am
Quoting Prominent88
Hi all, I have taken this trade (Long for EU 4H), any comments? Is it this is a valid and strong entry? I enter this trade because:a. there is a strong uptrust barb. TDI line seem go upc. Stoch confirmd. There is support at Pre W Fib50% Attached is my trading chart. {image}



I would have waited till the next candle.Your green line(TDI) doesnt look very strong for a bounce trade at this point in time.Id prefer to see your green line more at an angle upwards( ie..1 o'clock position).


just my opinion



cmorecrds
  • #19,724
  • May 24, 2013 2:38am May 24, 2013 2:38am
Quoting dipi
Hi Emmanuel,what do you think abt my chart?This one is UJ also from 1H TF. For UpTrend start from greenline and tp on redline {image}
If i may, on your chart, TDI have not crossed yet. Valid entry need TDI cross.
Daniel
  • #19,725
  • May 24, 2013 2:43am May 24, 2013 2:43am
Can someone please give me the mq4 files for Fibo Prev Day and Fibo Prev Week. indicators, are they indicators?
I have tried loading the ex4 versions but cannot get them to work, It seems you need 2 parts, including the source code.
I used an mq4 file for the TDI and loaded it with no problems

Sorry to be such a newbie, I hope to be able to contribute more soon
Thanks in advance ,
Rosemary
  • #19,726
  • May 24, 2013 2:44am May 24, 2013 2:44am
Quoting Greenb
{quote} From what i learned so far on this system, that is not a valid entry.Tdi is not crossing nor is it bouncing off trendline yet. Add in to that you entered in the middle of candle.also there is resistance right above your entry. I dont think its a good setup. Greenb
Hi Greenb & cmorecrds,

Thanks for your opinions. Will take note next trade.

You mean there is resistance right above my entry, which resistance you mean? I do not see any resistance level.

I find that there is very less trade entry for today using TMS method.

Thanks,
Prominent88
  • #19,727
  • May 24, 2013 2:45am May 24, 2013 2:45am
Quoting dipi
Hi Emmanuel,what do you think abt my chart?This one is UJ also from 1H TF. For UpTrend start from greenline and tp on redline {image}
Hi Dipi, I'm not Emmanuel but I want to give my opinion of what I see. When I look, TDI made no cross yet. H4 direction is down, D1 direction is down, for me. no trade. I would only look for shorts.
  • #19,728
  • May 24, 2013 3:02am May 24, 2013 3:02am
Quoting rosiew7
Can someone please give me the mq4 files for Fibo Prev Day and Fibo Prev Week. indicators, are they indicators?I have tried loading the ex4 versions but cannot get them to work, It seems you need 2 parts, including the source code.I used an mq4 file for the TDI and loaded it with no problems Sorry to be such a newbie, I hope to be able to contribute more soonThanks in advance ,Rosemary

click on the paper clip next to REPLY TO THREAD at the top of this page on the right hand side.You should be able to find it there.

cmorecrds
  • #19,729
  • Edited 3:42am May 24, 2013 3:13am | Edited 3:42am
Quoting Prominent88
{quote} Hi Greenb & cmorecrds, Thanks for your opinions. Will take note next trade. You mean there is resistance right above my entry, which resistance you mean? I do not see any resistance level. I find that there is very less trade entry for today using TMS method. Thanks,Prominent88
yesterday high is the resistance. draw a line on the high and go to h4 chart and look back, you will see some long wick on few candles the moment it hit that level. cant post chart at the moment. on phone.

EDIT: posted chart
Attached Image (click to enlarge)
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Daniel
  • #19,730
  • Edited 4:26am May 24, 2013 3:31am | Edited 4:26am
In another trade
long EJ, taken from 15m TF
currently SL at BE+10 ish.
target = 100pips +


EDIT: update. hit my updated SL at +25pips
Attached Image (click to enlarge)
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Daniel
  • #19,731
  • May 24, 2013 3:39am May 24, 2013 3:39am
Quoting rosiew7
Can someone please give me the mq4 files for Fibo Prev Day and Fibo Prev Week. indicators, are they indicators?I have tried loading the ex4 versions but cannot get them to work, It seems you need 2 parts, including the source code.I used an mq4 file for the TDI and loaded it with no problems Sorry to be such a newbie, I hope to be able to contribute more soonThanks in advance ,Rosemary
Hi rosiew,

Watch this short video which will help you.

Inserted Video


The .ex4 files are compiled executable files for MT4. These are what you need and you have to copy them the the installed MT4 folder

c:\<mt4> \experts\indicators...

remember to re-start your MT4 application.

regards
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,732
  • May 24, 2013 3:42am May 24, 2013 3:42am
Quoting rosiew7
Can someone please give me the mq4 files for Fibo Prev Day and Fibo Prev Week. indicators, are they indicators?I have tried loading the ex4 versions but cannot get them to work, It seems you need 2 parts, including the source code.I used an mq4 file for the TDI and loaded it with no problems Sorry to be such a newbie, I hope to be able to contribute more soonThanks in advance ,Rosemary
MT4 will work with either the MQ4 or the EX4, the EX4 is just a compiled version of the MQ4 - you don't need to install both.
To work they/it need to be placed into the (MT4 install folder)/experts/indicators folder. (tip, if you are using win7 you can right-click your desktop shortcut and select 'Open file location' - screeny attached).

Once they are in that folder you should start or restart MT4 (at which point the program compiles the MQ4 files)

you can then find the indi in the 'Navigator' 'Custom Indicators' folder, you can drag and drop onto your chart or double click to open and apply it.

If you load an MQ4 file you can open and edit it with the facilities in MT4, you can't do this with a compiled EX4 file, this is the reason a lot of traders won't download and install EX4's (they can't tell what they're getting 'til it's already on their system.)
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Attached Images
Don't ask me, I have no idea what's going on.
  • #19,733
  • May 24, 2013 4:12am May 24, 2013 4:12am
Quoting emmanuel7788
{quote} Hi rosiew, Watch this short video which will help you. http://www.youtube.com/watch?v=2xWETxJmLAM The .ex4 files are compiled executable files for MT4. These are what you need and you have to copy them the the installed MT4 folder c:<mt4> expertsindicators... remember to re-start your MT4 application. regardsEMMANUEL
Hi Emmanuel,

Can I ask what is expert advisors in MT4 for?

What is the function?

Thanks,
Prominent88
  • #19,734
  • May 24, 2013 4:13am May 24, 2013 4:13am
Hi Folks,

Catching up reading all your posts today, it is heartening to see that everyone is helping one another here. This is the true spirit of this TMS thread. Please continue doing so.
When we answer questions post by others, we also reinforce what we learn and what we know. We learn at the same time repeating what we already know. This is a form of deep practice to develop our trading habits.

Have a Good Trading day ahead.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,735
  • May 24, 2013 4:17am May 24, 2013 4:17am
hello manuel 7788

do you know how to set the cavemanager trade
or can you attach the set. file


thanks
  • #19,736
  • May 24, 2013 4:19am May 24, 2013 4:19am
Quoting dipi
Hi Emmanuel,what do you think abt my chart?This one is UJ also from 1H TF. For UpTrend start from greenline and tp on redline {image}

Hallo dipi,

Your first post! WELCOME to this TMS trading family.

This is how I start my trading day everyday is the same thing I do over and over again. It becomes a habit.

Everyone must learn to pick a 'pretty' looking currency pair to trade. That is simple yet many do not do so. If you don't find a 'pretty' ccy pair, look for another pair.

See pic below.

regards,
EMMANUEL
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,737
  • May 24, 2013 4:28am May 24, 2013 4:28am
Quoting Amirsaid
hello manuel 7788 do you know how to set the cavemanager trade or can you attach the set. file thanks

Amirsaid,

sorry I don't use THV Cavemanager.
Anyone here using this EA trade manager? Pls help out.
Thanks


Regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,738
  • May 24, 2013 4:31am May 24, 2013 4:31am
Quoting Prominent88
{quote} Hi Emmanuel, Can I ask what is expert advisors in MT4 for? What is the function? Thanks,Prominent88
MT4 has a top Menu...

click on it and use the user Manual
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,739
  • May 24, 2013 4:38am May 24, 2013 4:38am
Quoting Tradermurat
{quote} hi emmanuel how define the 127 fibo level and u can show us more pullback examples?
Hallo Tradermurat,

There are two indciators to draw the Prev D Fib and Prev W Fib.
Use these on your charts and you should see the Fib levels.

Back-test manually and observe the price action on H1 and H4 around those Fib levels 127% and 50%.

Download the indicators here:
http://www.forexfactory.com/attachme...mentid=1160658
http://www.forexfactory.com/attachme...mentid=1160660

Post your chart and ask questions. It is easier to understand and explain using charts.
Charts are our common language.

Regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #19,740
  • May 24, 2013 4:41am May 24, 2013 4:41am
Market seems undecided with EJ, GJ, GU, and AU
it feels like they are playing ping pong. one second its bull the next second its bear...
cmon...DECIDE already!!
Daniel
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