ECad +53 and UJ +51 : both strong 1H/4H moves which could have been converted to 4H/D1. Hit my primary target of 300pips(339) [real target is around 100pips - Jedi mind trick]... ummm, cool...
{image} {image}
- #46,302
- Dec 10, 2014 6:55pm Dec 10, 2014 6:55pm
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} ...just spotted EU (&anti-correlated pair UChf) did anyone get that ... looks like it should go higher (on the 5th wave) Hard to tell with the JPY for the LO? They'll mess with it no doubt... GChf is now -1pip ......(I cant stop laughing at that icon...)
- #46,304
- Dec 10, 2014 7:22pm Dec 10, 2014 7:22pm
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} Excellentme too {image}
- likica, you traded like for 24 hours... LOL!{quote} Ballistical I took your advise and have only been looking at the E/A and also read the first PDF of Phx62. Bagged myself 50 pips ...
Hi all M30 chart attached showing 2 short entries, first - tdi cross, candle colour, price and gann, 2nd - bounce Doing quite well....will look to tp in the grey zone My previous AU trade still ongoing...but not so good...it may recover I guess @ -30 at mo {image}
- #46,305
- Dec 10, 2014 7:33pm Dec 10, 2014 7:33pm
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} I will trade gold only on the clear cut setups or on the retracement to EMA 10 after big moves, other times its too scary to touch it, might turns my hands in Gold
- #46,306
- Edited 11:28pm Dec 10, 2014 7:44pm | Edited 11:28pm
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} Thanks. I will study it. No doubt I will be back with questions. :nerd:
Ok, here is the challenge : setup two naked (no indi's) EU charts 1M and 15M (normal candles) on demo acc. You are only permitted to draw lines on the charts - no measurements of any kind, e.g. no fib etc. Fix your Lot size to 1 and say you have 50k - no restrictions on the number of trades, SL allocation, you can hedge etc. Now start trading for 1H (or any set duration that suits you) and finish in the green...
LOL! Each time/session you trade try and halve your previous loss or double your previous win... go for it 
[I trade the 1M and use the 15M to decide trend - things may become more clear as you go along... watch how candles develop, size, speed, patterns etc]
- #46,307
- Dec 10, 2014 7:47pm Dec 10, 2014 7:47pm
- | Joined Jan 2014 | Status: Trader | 1,147 Posts
[quote=Ballistical;7935396]{quote} Hi Jon, Absolutely, the system still works and is definitely profitable. That being said, the markets have changed a lot since Eelfranz used to trade so bear that in mind if you're reading the start of the thread. You'll find, there are many profitable traders in here trading their own take on TMS but the core principles laid out by Eelfranz still apply on the most part. There is a really good group of members on this thread that are more than happy to help if you have any trouble. Best of Luck[/quote
Hi Ballistical, thanks for the info and the welcome, much appreciated
Hi Ballistical, thanks for the info and the welcome, much appreciated
Hello to All,
This is my first post at FF. Humble thanks to the seniors and contributors that have kept the TMS thread active and friendly. After reading the material for about three weeks, I have recognized the need to switch my trading platform to Metatrader for this method. I downloaded a demo copy today to familiarize myself with its function. I already made some progress by loading (too many) indicators, but things are taking shape:
I have been taking some live trades on my current system to get a feel for the H4 pace and commitment.
I really like the results so far, about 2:1 W/L and P/L. These results are without the equivalent, recommended S/R indicators. You'll probably see more questions from me as I prepare for live trading in the coming weeks.
Thanks again!
This is my first post at FF. Humble thanks to the seniors and contributors that have kept the TMS thread active and friendly. After reading the material for about three weeks, I have recognized the need to switch my trading platform to Metatrader for this method. I downloaded a demo copy today to familiarize myself with its function. I already made some progress by loading (too many) indicators, but things are taking shape:
I have been taking some live trades on my current system to get a feel for the H4 pace and commitment.
I really like the results so far, about 2:1 W/L and P/L. These results are without the equivalent, recommended S/R indicators. You'll probably see more questions from me as I prepare for live trading in the coming weeks.
Thanks again!
EA long for +50 green {image}
{quote} Excellent
The followup on GN daily trade from Dec,3 post# 45,576 . This pair moved way up 61.8 fib and broke the trend line on PA and TDI and reversing back from 61.8 - 78.6 area.
Dec,3 Chart
Dec, 11 Chart
This funny thing fell little short of hitting my first TP of around 80 pips
Kindest regards
- #46,318
- Dec 10, 2014 10:59pm Dec 10, 2014 10:59pm
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #46,319
- Dec 10, 2014 11:39pm Dec 10, 2014 11:39pm
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
a test for traders who are interested in GA & EA trades taking on H1. which one would you take for coming buy to be confirmed in a few minutes? {image}
- #46,320
- Edited 12:27am Dec 11, 2014 12:07am | Edited 12:27am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
{quote} Griff has hand waving in air @ likica school of fx: GA is forming a symmetric triangle, but on the HTF its a measured move to the piviot high, same kinda story with EA but its forming a H&S ... ummm.... I dont know??? Neither
hihihi...when saying it s a test, people would start to think of it in a complicated manner. me? I m very human too and sometimes too engineering
BTW, Here are my basic rules when looking at a signal:
- is it facing S/R?
- is confirmed candle too little?
- is it going to retrace because confirmed candle has wicks both side?
- is current and HTF at overbought/oversold areas?
- how PA? (ranging, HL HH,..)?
Let's see if others might have different views so we can learn...
ah, if you asked my which one I would prefer, I prefer G as it normally move faster and produce more pips (bigger ADR compared to E)
Appreciation is the key to wealth and happiness