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  • #24,821
  • Sep 9, 2013 10:41am Sep 9, 2013 10:41am
Quoting emmanuel7788
{quote} now that you mentioned Rick Galloway, I just read his most recent article posted and he said: " I Surrender!" ... if you have not read that article, go to his here

i just read it and jeez, can you blame the guy. how many threads/systems started with 2 indicators and ended up "developing" into a cluster of indicators. someone who asking him "what pip means" after paying to learn how to make money will make you nuts' i hope there comes a time when mods scan the whole forum and clean up the messy/useless and yet so popular threads. i love public transport, but when it gets overcrowded i just get out.
  • #24,822
  • Sep 9, 2013 11:00am Sep 9, 2013 11:00am
hi guys


sometimes its very useful to check a chart without anything (naked) just to do analysis, anyway i dont like trading on mondays too many false signals bt checkout this chart.

anybody on this , btw if check monthly chart there is big time R , hopefully will turn to S around 1.566 ish

hv a great week guys.
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  • #24,823
  • Sep 9, 2013 12:08pm Sep 9, 2013 12:08pm
Quoting Imi
I took another +24pips on eu, entered on m15, continuation trade. and +47 on e/cad with H1 entry, market moved nicely today indeed. {image} {image}
Hi Imi

Did the CAD news today play any part in your decision to watch e/cad today?

Axiom
  • #24,824
  • Sep 9, 2013 12:28pm Sep 9, 2013 12:28pm
eur/jpy trade closed, + 100 pips. entry on candle closed up to weekly pivot
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  • #24,825
  • Sep 9, 2013 1:14pm Sep 9, 2013 1:14pm
Khasan - with respect your post has absolutely no relevance to this thread at all. Try babypips.com
  • #24,826
  • Sep 9, 2013 1:26pm Sep 9, 2013 1:26pm
Quoting Axiom
{quote} Hi Imi Did the CAD news today play any part in your decision to watch e/cad today? Axiom
you caught me off guard now. Normally I only look at the eu and gu, sometimes ej, nothing else.
I opened up the ecad chart over the weekend and spent some time studying the waves it makes
combined with tdi signals. Today when the opportunity presented I entered and forgot to check the cad news,
as I normally don't look out for cad news.
If you're going through hell, keep going. Winston Churchill
  • #24,827
  • Sep 9, 2013 1:43pm Sep 9, 2013 1:43pm
Quoting Imi
{quote} you caught me off guard now. Normally I only look at the eu and gu, sometimes ej, nothing else. I opened up the ecad chart over the weekend and spent some time studying the waves it makes combined with tdi signals. Today when the opportunity presented I entered and forgot to check the cad news, as I normally don't look out for cad news.
nice.
  • #24,828
  • Sep 9, 2013 1:44pm Sep 9, 2013 1:44pm
EURNZD Week 37 4H trade:

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD week 37 H4 trade 10-9-2013 2-38-33 AM.png Size: 18 KB


Trading in a Sideways Wide Range Market Type
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,829
  • Sep 9, 2013 1:47pm Sep 9, 2013 1:47pm
I got +55 on Ej today. have problems uploading files at the moment, so cant post it.
A few of the members in Arete's Skype room got into the same trade today (see the details a page back).
Truly was a (small) flock of geese helping each other out.

Axiom
  • #24,830
  • Sep 9, 2013 1:51pm Sep 9, 2013 1:51pm
Quoting Axiom
I got +55 on Ej today. have problems uploading files at the moment, so cant post it. A few of the members in Arete's Skype room got into the same trade today (see the details a page back). Truly was a (small) flock of geese helping each other out. Axiom
Hopefully this flock will get where they are going without too often fallen geese.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,831
  • Sep 9, 2013 1:55pm Sep 9, 2013 1:55pm
Quoting emmanuel7788
EURNZD Week 37 4H trade: {image} Trading in a Sideways Wide Range Market Type
Hi Emmanuel

To enter at a 38 or 50% retracement of the 14:00 (GMT+0) pullback bar, would you look to M15 signal such as a close outside PAC, and perhaps a corroborating H1 signal?

Axiom
  • #24,832
  • Sep 9, 2013 2:00pm Sep 9, 2013 2:00pm
When trading TMS, Teamwork is Dreamwork.


Inserted Video


yet another bird story video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,833
  • Sep 9, 2013 2:25pm Sep 9, 2013 2:25pm
Quoting Axiom
{quote} Hi Emmanuel To enter at a 38 or 50% retracement of the 14:00 (GMT+0) pullback bar, would you look to M15 signal such as a close outside PAC, and perhaps a corroborating H1 signal? Axiom

Hi Axiom,

There is no pullback bar on H4. There is H4 Inside Bar and the GMT1200 H4 candle is the breakout candle also my TDI setup candle.
The retracement of this H4 candle shallow.
I am trading the CD-leg of a ABCD....Last Friday low to today Asian high is the AB leg.

We are now in a low liquidity period after London closed. So this will be a slow one.
The potential is a Day IB breakout which can happen tomorrow, today' D High-Low smaller than Friday High-Low.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,834
  • Sep 9, 2013 2:38pm Sep 9, 2013 2:38pm
Here is a live market practice for new TMS traders:

Look at these 3 pairs, just after London closed.

EURAUD
EURCAD
EURNZD

All 3 pairs H4 charts show TMS 4H setups after London closed 3 hours ago.
If you were to pick one of the three pairs above to trade, which one will you pick and why.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,835
  • Sep 9, 2013 2:47pm Sep 9, 2013 2:47pm
Quoting emmanuel7788
{quote} Hi Axiom, There is no pullback bar on H4. There is H4 Inside Bar and the GMT1200 H4 candle is the breakout candle also my TDI setup candle. The retracement of this H4 candle shallow. I am trading the CD-leg of a ABCD....Last Friday low to today Asian high is the AB leg. We are now in a low liquidity period after London closed. So this will be a slow one. The potential is a Day IB breakout which can happen tomorrow, today' D High-Low smaller than Friday High-Low. regards, EMMANUEL
Thanks for the clarification, Emmanuel.
Axiom
  • #24,836
  • Sep 9, 2013 2:56pm Sep 9, 2013 2:56pm
Quoting emmanuel7788
Here is a live market practice for new TMS traders: Look at these 3 pairs, just after London closed. EURAUD EURCAD EURNZD All 3 pairs H4 charts show TMS 4H setups after London closed 3 hours ago. If you were to pick one of the three pairs above to trade, which one will you pick and why.
I picked EURCAD:
- longest body, smallest wicks
- price action on daily confirms
- steepest angle of crossing
  • #24,837
  • Sep 9, 2013 3:04pm Sep 9, 2013 3:04pm
Quoting Axiom
I got +55 on Ej today. have problems uploading files at the moment, so cant post it. A few of the members in Arete's Skype room got into the same trade today (see the details a page back). Truly was a (small) flock of geese helping each other out. Axiom
It was a good day in there, some good questions and opinions put forwards, with us working together was great.

I took +40 on that trade.

Emmanuel question: EJ is now sat at a crucial area, not far from a major trend line.

When PA breaks northwards where do you see the next major Resistance, 138.00 area?
  • #24,838
  • Edited 3:16pm Sep 9, 2013 3:11pm | Edited 3:16pm
Quoting emmanuel7788
Here is a live market practice for new TMS traders: Look at these 3 pairs, just after London closed. EURAUD EURCAD EURNZD All 3 pairs H4 charts show TMS 4H setups after London closed 3 hours ago. If you were to pick one of the three pairs above to trade, which one will you pick and why.
They look so similar, but id pick EN, BC retrace is the largest of the three.

Scratch that. Id pick EA or EC - BC retrace is almost similar and the SMALLEST of the three.
  • #24,839
  • Sep 9, 2013 3:19pm Sep 9, 2013 3:19pm
Quoting emmanuel7788
Here is a live market practice for new TMS traders: Look at these 3 pairs, just after London closed. EURAUD EURCAD EURNZD All 3 pairs H4 charts show TMS 4H setups after London closed 3 hours ago. If you were to pick one of the three pairs above to trade, which one will you pick and why.
Wow, they look really similar.
I wouldn't pick any yet. The last couple of weeks I only buy above the 50 line or sell below it. So buy when green > red > yellow >50 and vice versa for selling. Of course with some necessary thoughts about s/r, volume, trendlines and HTF. I'm doing really good now, so I would wait for the first to cross the 50 line.
  • #24,840
  • Sep 9, 2013 4:02pm Sep 9, 2013 4:02pm
Quoting emmanuel7788
Here is a live market practice for new TMS traders: Look at these 3 pairs, just after London closed. EURAUD EURCAD EURNZD All 3 pairs H4 charts show TMS 4H setups after London closed 3 hours ago. If you were to pick one of the three pairs above to trade, which one will you pick and why.
I would have picked EURAUD because the MBL at the moment is ~ 26(way below 32). The immediate 1st resistance is 1.44, followed by 1.4440 (23.6 fib), and then ideally 14550 (38.2 fib).
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