{quote} Thanks LW ... But I do not have any trendine in my Indi's .......... any how ... i'm giving up on this ... Better to worry on analysis and counting pips as you do ....
- #47,363
- Dec 19, 2014 3:22am Dec 19, 2014 3:22am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} EU looks good actually. depending how LO closes that is. but it might continues downward, wont expect a lot of pips, but im seeing downward
Everything is going slower than a Tom Cruise action scene...
- #47,365
- Dec 19, 2014 3:40am Dec 19, 2014 3:40am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #47,366
- Dec 19, 2014 3:55am Dec 19, 2014 3:55am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #47,368
- Dec 19, 2014 4:13am Dec 19, 2014 4:13am
{quote} You are right Greenb, i was just considering the LO not like stay anyway from EU period... will see what happens @ USO
likewise, i think i'll go to bed and wake up for NYO also. prob last week of trading seeing next week is holiday and all.
hopefully market rewards us some pips to close the week
Daniel
- #47,369
- Dec 19, 2014 4:26am Dec 19, 2014 4:26am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
{quote} Hello Michael, This is a very good post. Reading it again and many thoughts come to mind and I remember parts of my trading journey the past years. First, let me comment on your EURAUD H1 trade. When I saw that Day chart APB Pullback Candle at 1.5300, I told myself that must be the first sign of the end of the trending move. Too late to buy and too early to sell, the timing is not good as it is year end closing. But you took that H1 trade very nicely and made good pips. Price now stalled at 1.500 and tempting H4 traders to look for buy setup....
Specially with the explanation in the chart !
Thereīs always some little extra knowledge when you post .. really apreciatet !
Thanks for sharing it .
Risiko birgt immer auch die Chance.
- #47,370
- Dec 19, 2014 5:17am Dec 19, 2014 5:17am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} likewise, i think i'll go to bed and wake up for NYO also. prob last week of trading seeing next week is holiday and all. hopefully market rewards us some pips to close the week
- #47,371
- Dec 19, 2014 6:20am Dec 19, 2014 6:20am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Morning Likcia, According to your rules do you this as a valid setup, if PA closes towards the hourly high and LO breaks FO candle. I also see bullish div, but this would be against y'day bearish bar so only looking for 30 pips. Or would it be best to wait for a reversal and get into that as this would be too risky appreciate your comments I also see GU a potential buy if we see a breakout of the consolidation box its currently in {image}
sorry was not able to answer about your trade earlier as I was not at my desk. you got the answer by now
I was in both EA & GA long before I left...got home with +60 green from GA but -17 from EA (exited mannually)(my PT was 50 and it only reached 45
). now in short both on H1 (was late for M30 setup). Let s see how things turn out... will have a look and see if any good set up coming up...
Appreciation is the key to wealth and happiness
{quote} USO might be a bit better but i think thats about it for me for 2014... apart from the US session there is always the beer drinking session which is very important on the financial calendar...
Intelligence is the ability to adapt to change. Stephen Hawking
- #47,373
- Dec 19, 2014 7:06am Dec 19, 2014 7:06am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
Risiko birgt immer auch die Chance.
- #47,374
- Dec 19, 2014 7:21am Dec 19, 2014 7:21am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} Will you be drinking castlemain forex!
... very clever nods80 mate - thanks for all the laughs and for making trading fun... 
... and my favorite German beer, Schofferhofer...
Was watching AJ (AChf... etc) but has now formed sym triangles ... Griff exists left...
- #47,375
- Dec 19, 2014 7:23am Dec 19, 2014 7:23am
- | Joined Dec 2014 | Status: Trader | 1,026 Posts
{quote}
Positive anything is better than negative thinking.- Elbert Hubbard
- #47,376
- Dec 19, 2014 7:27am Dec 19, 2014 7:27am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote}
Intelligence is the ability to adapt to change. Stephen Hawking
- #47,379
- Dec 19, 2014 8:12am Dec 19, 2014 8:12am
Hi guys, I ve been following this thread silently for quite some time now. Its really great having such a supportive group here..!
I ve been studying most of Big E's posts, Phx62's pdf-s, Lastingwell's posts and many other senior traders here.
I adopted Big E's TMS, Phx62's studies and Lastingwell's HTF MTF TDI and her supp/demand indicator for S&R levels into my trading plan.
I enter mostly on H1 during the London session.
I am having difficulties trying to be profitable with TMS and I sincerely hope my fellow seniors here could share their views on my trades.
I have taken the following three trades that were consecutive losses for me in the past few days.
Attached are the snapshots of the trades at time of entry.
Would greatly appreciate if you guys could advise me on your views of my entries and analysis and whether you would have taken the trade.
Trade 1 GBPJPY H1 Entry:
2014.12.17 14:00 (LO + 4hrs) - BUY
Analysis:
Entry: H1 TDI Green crossed above red, 50 and MBL at 2nd Blue APB. Classic TMS cross.
Higher Timeframe (H4): MTF TDI is in agreement (Green above Red). PA bounce off EMA 200
Exit: Loss exit at -25 pips when H1 candle closed as Red APB candle.
(Screenshots at time of entry attached)
Trade 2 EURJPY H1 Entry: 2014.12.18 10:00 (LO) - SELL
Analysis:
Entry: H1 LO Continuation trade. LO candle crossed below Frankfurt candle low. H1 TDI in agreement (Green strongly crossed yellow and 50 below Red)
Higher Timeframe (H4): H4 TDI stepping down with H4 PA as PRCF formation with pullback candle and inside bar previously.
Exit: Loss exit at -35 pips when H1 candle closed as Blue APB candle.
(Screenshots at time of entry attached)
Trade 3 GBPNZD H1 Entry: 2014.12.19 14:00 (LO + 4hrs) - SELL
Analysis:
Entry: H1 TDI green crossed red and yellow below 50. Classic TMS Sell Signal. H1 PA previous candles were Triple Tops and pullback candles = Sell.
Entered at H1 TDI Cross at 2nd Red APB Candle.
Higher Timeframe (H4): H4 TDI is in agreement (Green below Red for sell)
Exit: Hit Stop loss at -50 pips and in next hour H1 TDI Green sharply crossed above Yellow and Red for BUY.
(Screenshots at time of entry attached)
Since the indicator repaints itself throughout the live candle, the APB color and TDI cross could change upon candle close. A strong TMS cross at time of entry may turn out to be a bounce off the red. Does this seem to be a problem for you guys? How do you guys overcome it?
Thanks in advance for your replies guys. I greatly appreciate it..!!
I ve been studying most of Big E's posts, Phx62's pdf-s, Lastingwell's posts and many other senior traders here.
I adopted Big E's TMS, Phx62's studies and Lastingwell's HTF MTF TDI and her supp/demand indicator for S&R levels into my trading plan.
I enter mostly on H1 during the London session.
I am having difficulties trying to be profitable with TMS and I sincerely hope my fellow seniors here could share their views on my trades.
I have taken the following three trades that were consecutive losses for me in the past few days.
Attached are the snapshots of the trades at time of entry.
Would greatly appreciate if you guys could advise me on your views of my entries and analysis and whether you would have taken the trade.
Trade 1 GBPJPY H1 Entry:
2014.12.17 14:00 (LO + 4hrs) - BUY
Analysis:
Entry: H1 TDI Green crossed above red, 50 and MBL at 2nd Blue APB. Classic TMS cross.
Higher Timeframe (H4): MTF TDI is in agreement (Green above Red). PA bounce off EMA 200
Exit: Loss exit at -25 pips when H1 candle closed as Red APB candle.
(Screenshots at time of entry attached)
Trade 2 EURJPY H1 Entry: 2014.12.18 10:00 (LO) - SELL
Analysis:
Entry: H1 LO Continuation trade. LO candle crossed below Frankfurt candle low. H1 TDI in agreement (Green strongly crossed yellow and 50 below Red)
Higher Timeframe (H4): H4 TDI stepping down with H4 PA as PRCF formation with pullback candle and inside bar previously.
Exit: Loss exit at -35 pips when H1 candle closed as Blue APB candle.
(Screenshots at time of entry attached)
Trade 3 GBPNZD H1 Entry: 2014.12.19 14:00 (LO + 4hrs) - SELL
Analysis:
Entry: H1 TDI green crossed red and yellow below 50. Classic TMS Sell Signal. H1 PA previous candles were Triple Tops and pullback candles = Sell.
Entered at H1 TDI Cross at 2nd Red APB Candle.
Higher Timeframe (H4): H4 TDI is in agreement (Green below Red for sell)
Exit: Hit Stop loss at -50 pips and in next hour H1 TDI Green sharply crossed above Yellow and Red for BUY.
(Screenshots at time of entry attached)
Since the indicator repaints itself throughout the live candle, the APB color and TDI cross could change upon candle close. A strong TMS cross at time of entry may turn out to be a bounce off the red. Does this seem to be a problem for you guys? How do you guys overcome it?
Thanks in advance for your replies guys. I greatly appreciate it..!!
GA M30 Sell Trade
Took this trade in the Asian session before going to work. Luckily, I could manage to see my 1st TP hit and moved my 2nd position SL to BE which eventually got hit while I was at work.
Kindest regards
Took this trade in the Asian session before going to work. Luckily, I could manage to see my 1st TP hit and moved my 2nd position SL to BE which eventually got hit while I was at work.
Kindest regards