waiting on german business news, for a possible reentry long eur/aud
- #47,222
- Dec 18, 2014 2:52am Dec 18, 2014 2:52am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} There will be many situations when there is CONFLICT in the different trends in different timeframes. One way to avoid being caught in the conflict is to reconcile all the trends of different timeframes when we make a market entry. The TIMING of the market entry is very important other than just knowing the trend of the moment. Trading with TMS 5-Method, we have the benefit of reading the candle size of the APB and the price momentum. When we see synergy in both the price VOLATILITY and MOMENTUM, that is our entry condition. Your initial...
- #47,225
- Dec 18, 2014 2:56am Dec 18, 2014 2:56am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
EA & GA (same structure) : +30pip & +30pips - total gives me 300pips for the W1 (my target)... nice easy safe trades (break-outs, look for retrace...) : notice the cross on the 1H is weird looking but it was supported on the 4H/D1, could be a trend change in progress perhaps??? Trade safe
So i was asked this questions by someone who just joined this thread. I'm sharing it on the forum in hope that other new traders that have the same questions could just find it here. Other traders are welcomed to comment also. --------------------------------------------------------------------------------- --------------------------------------------------------------------------------- Thank you so much. I was wondering how effective eelfranz's system has been for you so far. Also what are the current exact rules and indicators. I didn't seem...
- #47,228
- Dec 18, 2014 3:38am Dec 18, 2014 3:38am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
EA & GA (same structure) : +30pip & +30pips - total gives me 300pips for the W1 (my target)... nice easy safe trades (break-outs, look for retrace...) : notice the cross on the 1H is weird looking but it was supported on the 4H/D1, could be a trend change in progress perhaps??? Trade safe
{quote} Please keep posting it, very important IMHO!!!
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Appreciation is the key to wealth and happiness
- #47,229
- Dec 18, 2014 3:48am Dec 18, 2014 3:48am
- Joined Nov 2008 | Status: Trader | 50,211 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #47,231
- Dec 18, 2014 3:59am Dec 18, 2014 3:59am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} nice and light
Tried Oil & Gold and got slaughtered !!! LOL!!! I cant fully understand their rhythm like currency... BUT! they are very important to keep an eye on cause of fundamentals so you posting here is great for TMS and updates...
- #47,232
- Dec 18, 2014 4:15am Dec 18, 2014 4:15am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
Risiko birgt immer auch die Chance.
- #47,236
- Edited 5:02am Dec 18, 2014 4:24am | Edited 5:02am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
I got a few PMs recently about my trading and how I see TDI + PA and I think it would be best to answer them here so other can benefit.
Here my trading station everyday
If looking at them from where I took my EA trade on M30 around FO/LO today, you have some idea about how I look at PA (H4 kinda double top was telling me expecting reversal + stepping down on H1 + stepping down on M30 both moving along Guppy = short short ).
my PT was at 200 ma on H1 or ATR.
From this moment, counting APBs on H4 and M30 telling me bears take a break as it s 7th red APB, therefore, time for a rest
Tips of the day: look for TDI setups bounced off LFL-ATRprojections at any opens: TOK/SO/FO/LO and see how good the signal behaves
Here my trading station everyday
If looking at them from where I took my EA trade on M30 around FO/LO today, you have some idea about how I look at PA (H4 kinda double top was telling me expecting reversal + stepping down on H1 + stepping down on M30 both moving along Guppy = short short ).
my PT was at 200 ma on H1 or ATR.
From this moment, counting APBs on H4 and M30 telling me bears take a break as it s 7th red APB, therefore, time for a rest
Tips of the day: look for TDI setups bounced off LFL-ATRprojections at any opens: TOK/SO/FO/LO and see how good the signal behaves
Appreciation is the key to wealth and happiness
- #47,237
- Dec 18, 2014 4:26am Dec 18, 2014 4:26am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
{quote} Dear SJ ... This is fun .... Have a defined TP and see it getting hit ... 1st 50 pips for the day ... {image}
Appreciation is the key to wealth and happiness
- #47,238
- Dec 18, 2014 4:27am Dec 18, 2014 4:27am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
This is a possible short opportunity if actual candle remains bearish at close. We are above adrews pitchfork and 2 fibs resistance. I'll target 1.0 fib tp. Am i the only one to use fibs and andrews instead of daily/weekly opens? {image}
... LOL!!! Do you have that on your MT4?
- #47,239
- Dec 18, 2014 4:28am Dec 18, 2014 4:28am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
I got a few PMs recently about my trading and how I see TDI + PA and I think it would be best to answer them here so other can benefit. Here my trading station everyday
- #47,240
- Dec 18, 2014 4:30am Dec 18, 2014 4:30am
{quote} Hi Morigan, thanks for your analysis. Say, that pitchfork is wicked!
Why wicked? In mt4 it is in the first visible items : "Insert\directly available"