Got this 1 right on the button...a good trade I should say...good cross with the trend on 4hr and daily confirmation...also the guppy, demand zone and 200MA for support..time to exit??? Regards Dennis {image}
{quote} You are right, my GA H1 chart from fxcm and icmarkets (the chart I post earlier) don't look the same (price from fxcm did not have V formation and TDI did not have div like icmarket. I m not sure if we traders can do anything about that. My oil trades have been delivering green pips consistently and fx trades on icmarkets are behaving well too. We use what s available and master what we have
as first a happy new year to all !.. I took some days off during the holiday season , not sure yet if I´m back in trading from coming week or one week later . But it was a nice thing to forget all the charts.. graphs.. lines and numbers.. Hope you all enjoyed the newyears eve and had a gooooooooooooooooooood time .
i try this method for the first time on gold yesterday night, i look for h4 as a compass direction. and use m15 for entry. and for addition draw a horizontal lines for determine support and resistance. look good for me.
{quote} Hi emmanuel; Good to see you keeping up the good work you are doing here. At the end of the day it comes down to Reading the Music that the Market is Playing. Too many notes can lead to confusions. {image}
{quote} Thank you so much will start grinding!
{quote} Stevepatt, Nice seeing you again! Come join us...we can learn a lot from you
{quote} AUD/USD the bears have driven price to almost full length of the AB move up, that tells us bears are strengthening, ie bearish market, PA now is in hold of the bulls but too much resistance above Before trading the ABCD patterns, first and foremost, you have to break down structure HH-Hl and LL-LH, define the market based on that, uptrend, downtrend, or sideways, then look for confluence of fibs , support and resistance, supply and demand zones, after all of that, wait the signal from TMS to print, ie a valid TMS signal, and trade accordingly...
Notice how recognizing the potential structure unfolding helps you (with a given level of probability of course - nothings for certain) stay out of bad trades/false signals. The impulse move up from the bottom of the correction (marked 'c' on your chart) is a good example - half way up we encountered a possible reversal (due to local resistance - potential double top) only to result in a TDI bounce, continuation and then final completion of the ABCD... I should say that the reversal could have worked but trading with the structure (which indicates trend as you say with HH, HL, etc) gives you a higher probability of success 
I personally am satisfied that I have to some extent been able to contribute to this new perception of the "weekly pivots" "w have a nice weekend
{quote} Sounds excellent adikashyap - there is no right or wrong here really... if its working go for it
Good morning everyone... Welcome to 2015 ... Were going to keep "kicking this thing up"
{quote} Hi snarlykack; Thanks for the welcome, I keep dropping in to see how things are going here. As long as you are all looking for the Indicators to Confirm Trades that are in line with the Longer Term Primary Trend all should be well. That's basically, all I'm doing but I look at Fib Levels that correlate with Support/Resistance in a Pullback of a Longer Term Primary Trend instead of using Indicators for confirmation. Happy New Year to everyone
{quote} You are amazing SJ and we here @ TMS are very lucky to have you guiding us mate - hope you have the best trading year ever!!!! Oh, and stay frosty my friend... LOL!!!
.{quote} Adikashyap, I'm struggling to get my head around the figures here... Have you got an MT4 chart with your trade displayed? I understand that if you risk 25 pips and generate 500 pips then that gives an R:R of 1:20 but I can't see how you get to 500 pips... In your instructions, you state that you open another standard lot each time. As far as I can see, following your instructions, your results would have looked like this: 1. First trade (1 lot) - 100 pip movement - (Effective Total: 100 pips) 2. Second trade (1 lot) - 75 pip movement - (Effective...
