{quote} well done mate
Problem we creatures battle is trying to reinvent the wheel when the true master showed us all the way
- #35,123
- Apr 8, 2014 7:33am Apr 8, 2014 7:33am
{quote} You opened my eyes to TMS. Thanks Problem we creatures battle is trying to reinvent the wheel when the true master showed us all the way
Give yourself a chance and trade it like it's layed out...
This sucks it just closed out the rest. What a freaking nightmare! I had cave manager running but cavemanager cashed me out half batch at 30 pips and the other half was set for 100 pips. I put the script in and it just starts closing me out Piece by Piece for no reason. The first triangle for Cavemanager's 30 pip batch exit i had programmed in and was already done. I put the script in and closed me out the rest of my position in 3 separate trades even though there are only two additional triangles showing.I actually feel sick to...
- #35,125
- Apr 8, 2014 8:02am Apr 8, 2014 8:02am
{quote} I didn't trade EA, I traded AJ and EN because EN had more momentum at 6 am then EA...
6am:
EN- +15 pips
AJ- -15 pips
10am: No trades
Total: Break-even, that's still +30 pips for the week, checking my computer 3 times a day
Give yourself a chance and trade it like it's layed out...
- #35,126
- Apr 8, 2014 8:10am Apr 8, 2014 8:10am
Hi
lots of interesting information in this thread today
maybe the more experienced longer term traders may help with my query. Recently emails from http://www.broker-watch.com/ from a Rowan James began showing up. They tell an interesting story of traders having varying results from using different brokers. Have any of you found this to be a possibility?
With using the TMS method, is there any data that may suggest any particular brokers may have better trading results over others..? Am just curious
cheers
attached is a copy of their broker watch dashboard, i dont know yet if its of any use not had any time to test it yet.
lots of interesting information in this thread today
maybe the more experienced longer term traders may help with my query. Recently emails from http://www.broker-watch.com/ from a Rowan James began showing up. They tell an interesting story of traders having varying results from using different brokers. Have any of you found this to be a possibility?
With using the TMS method, is there any data that may suggest any particular brokers may have better trading results over others..? Am just curious
cheers
attached is a copy of their broker watch dashboard, i dont know yet if its of any use not had any time to test it yet.
{quote} You opened my eyes to TMS. Thanks Problem we creatures battle is trying to reinvent the wheel when the true master showed us all the way
Focus on the process and the profits will follow
Hello everybody,
Regarding today's euraud trade i didnt take it because for me it seemed very dangerous. I am happy it turned out to be a succes for the majority so here are my reasons.
On W1 the price is on fib 61.
On D1 there is a nice S/D zone.
So beeing very new to this system i prefered to stay out. Anyway predicting some rally.
It is worth to think like this or we have just to follow the rules?
Regarding today's euraud trade i didnt take it because for me it seemed very dangerous. I am happy it turned out to be a succes for the majority so here are my reasons.
On W1 the price is on fib 61.
On D1 there is a nice S/D zone.
So beeing very new to this system i prefered to stay out. Anyway predicting some rally.
It is worth to think like this or we have just to follow the rules?
{quote} Are you taking bar close or bar open for cross? I had valid crosses at 6am on many pairs. I took AU buy, EA sell, EG sell. Together added 10% to account. At 10am I took EJ, CJ and EC and going to close them for another 3 or 4%. I have also decided to take daily setups and currently EG -30, UJ +80, CADJ +35, AJ +3Will close NY close
Out of the three pairs you mentioned with opportunities at 6am, I only trade AU. Whilst in hindsight, that 6am AU candle would have been a successful trade, on my chart that was the 4th blue candle which goes against Big E's rules of entering within the first 2 candles. I've added a screenshot with the vertical line marking the 6am candle that I'm referring to.
Of the trades you mentioned at 10am, I don't trade any of those pairs but glad they worked out for you!
Focus on the process and the profits will follow
- #35,133
- Edited 9:52am Apr 8, 2014 9:05am | Edited 9:52am
- Joined Jan 2013 | Status: Trader | 1,657 Posts
- #35,137
- Apr 8, 2014 11:05am Apr 8, 2014 11:05am
{quote}You were right to say it was not a high probability trade, I took the sell early this morning at 4.30 gmt when m15 closed beneath the weekly pivot (yellow horizontal line) but was only looking at it for a move to retrace back down the daily candle from yesterday. I exited when m15 made a higher low for +50. Along with the reasons you mention, there is also good bullish divergence on D1 and D1 tdi had crossed up at the start of today, always good to be aware of a variety of different timeframes that way you can weigh up your chances. I can...
Give yourself a chance and trade it like it's layed out...
- #35,138
- Apr 8, 2014 11:19am Apr 8, 2014 11:19am
Todays trade on AU explained in better detail. It feels good to see my education and hard work pay off. The trade pretty much went in my favor right away. unfortunately due to and error my TP was hit prematurely and I missed the big run. However profit is profit. 
MAY THE PIPS BE WITH YOU!
- #35,139
- Apr 8, 2014 11:20am Apr 8, 2014 11:20am
Three trades today: 2 on H1 EURJPY and 1 on EURAUD EURJPY short on IB-break inside master candle - but retracement on LO got me out again near B/E. Reentry 2 hours later => +45 pips EURAUD short on TOK_5H => +50 pips {image}
Give yourself a chance and trade it like it's layed out...
- #35,140
- Apr 8, 2014 11:59am Apr 8, 2014 11:59am
4/8/1600 update:
USDCHF: moved S/L into profit (trailing the PAC); left TP @ .8810. Pulled 1 lot off for +60 as it hit UT line. Will manage TP at next candle close in 4 hours for remaining lots. I had been watching the .8870 area but when PA tested the Daily DT line for the 5th time and showed 2 pin HAs...I pulled the trigger. Good sign that the shorter term H4 UT line has been breached. Risk free now...that always feels good.
USDCHF: moved S/L into profit (trailing the PAC); left TP @ .8810. Pulled 1 lot off for +60 as it hit UT line. Will manage TP at next candle close in 4 hours for remaining lots. I had been watching the .8870 area but when PA tested the Daily DT line for the 5th time and showed 2 pin HAs...I pulled the trigger. Good sign that the shorter term H4 UT line has been breached. Risk free now...that always feels good.