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  • #48,801
  • Jan 6, 2015 8:10pm Jan 6, 2015 8:10pm
Quoting dennis4u15
Hi Likica The cross on Tdi on N/U looks good(30 min tf)...daily and 4hr Tdi are conflicting....major trend is down but counter trend could be ok for quick profit...what do u think Regards Dennis
Daily is consolidating, H4 H1 M30 are ok for me to scalp. the art is in managing them
Appreciation is the key to wealth and happiness
  • #48,802
  • Jan 6, 2015 8:10pm Jan 6, 2015 8:10pm
Hi Emmanuel,

Can you further explain this point.

Rule#803
200EMA when used as dynamic support and resistance, then the it is weak support when there is a Price Action support turned resistance above.

Thank you

Regards
erelation
  • #48,803
  • Jan 6, 2015 8:12pm Jan 6, 2015 8:12pm
Quoting likica
is GN doing that move again? NU & GN M30.... {image}
Looks like GN is going to make a nice little move again. Maybe 50+ before LO? thinking of looking at it a maybe enter?
Positive anything is better than negative thinking.- Elbert Hubbard
  • #48,804
  • Jan 6, 2015 8:14pm Jan 6, 2015 8:14pm
your are right Likica...sorry if I sounded rude, just trying to give my input...im still learning from you guys...always wait for urs, Sj, Emmanuel and all the seniors posts to digest everything.

Regards
Dennis
  • #48,805
  • Jan 6, 2015 8:18pm Jan 6, 2015 8:18pm
Quoting likica
{quote} Daily is consolidating, H4 H1 M30 are ok for me to scalp. the art is in managing them

You guy are amazing.... quick in and quick out with lots of pips.....
  • #48,806
  • Jan 6, 2015 8:20pm Jan 6, 2015 8:20pm
Stop was hit on my a/u short trade...damn was over 40 pips but got out with just 20 pips...should have exited earlier

Regards
Dennis
  • #48,807
  • Jan 6, 2015 8:21pm Jan 6, 2015 8:21pm
Quoting dennis4u15
your are right Likica...sorry if I sounded rude, just trying to give my input...im still learning from you guys...always wait for urs, Sj, Emmanuel and all the seniors posts to digest everything. Regards Dennis
it s ok to ask Dennis, don't just sit and worry, I and others can be wrong too and it s not end of the world
Appreciation is the key to wealth and happiness
  • #48,808
  • Jan 6, 2015 8:23pm Jan 6, 2015 8:23pm
Quoting likica
is GN doing that move again? NU & GN M30.... {image}
Iam already in those two trades. Let see what will happen. Keeping my finger crossed.
Thanks,
AB
  • #48,809
  • Jan 6, 2015 8:34pm Jan 6, 2015 8:34pm
Quoting birdnest
Happy New Year to All! New year, new start. I was trading yesterday, I realised I was able to identify the trend from the D and W charts but when I zoomed into the H1 and H4 candles, I am unable to find the right entry point to enter. How do you know if the pullback is not going into consolidation mode and is a legitimate pull back for a trend continuation? And I still cannot understand how to determine the execution point. Is it at the cross first or the PA first? Loves Confused-Wannabe Trader
I m not a super senior trader Birdnest, but I can tell you straight from my experience and also as Lastingwell once mentioned, if you are trading on H1, you need to look at H4 and D1 for alignment, if one up and one down, you r out.
I m trading from M30, so I look around me (H1, H4) to see if I am ok to enter and make sure my trade s not facing any S/R and how many APBs are there in H1 and H4 so far, blah blah...
Appreciation is the key to wealth and happiness
  • #48,810
  • Jan 6, 2015 8:36pm Jan 6, 2015 8:36pm
hi guys

using the TMS Watchdog indi

whats considered good slope numbers? saw them somewhere but forgot

thanks
  • #48,811
  • Jan 6, 2015 8:39pm Jan 6, 2015 8:39pm
Quoting shay14
hi guys using the TMS Watchdog indi whats considered good slope numbers? saw them somewhere but forgot thanks
at least 4.5 I think
Appreciation is the key to wealth and happiness
  • #48,812
  • Jan 6, 2015 8:44pm Jan 6, 2015 8:44pm
Help needed!!

Please advise good and simple to use software for Chart Image pasting and adding text, arrows,.....

Thanks,
AB
  • #48,813
  • Jan 6, 2015 8:46pm Jan 6, 2015 8:46pm
Quoting likica
{quote} at least 4.5 I think
thanks, been using 15min charts for trading binary options with great success, i know the FF community frowns upon em, but it goes to show TMS works for a variety of trading types
  • #48,814
  • Jan 6, 2015 8:50pm Jan 6, 2015 8:50pm
Quoting likica
{quote} I m not a super senior trader Birdnest, but I can tell you straight from my experience and also as Lastingwell once mentioned, if you are trading on H1, you need to look at H4 and D1 for alignment, if one up and one down, you r out. I m trading from M30, so I look around me (H1, H4) to see if I am ok to enter and make sure my trade s not facing any S/R and how many APBs are there in H1 and H4 so far, blah blah...

Hi Likica,

Thanks for your comments! I always look at your post with envy, you are very timely with your entries!

Ok, I am focusing on H4 trades, so D1 and W1 are my essential guide. But on the exact entry point, I still can't get it.
  • #48,815
  • Jan 6, 2015 8:50pm Jan 6, 2015 8:50pm
Quoting likica
is GN doing that move again? NU & GN M30.... {image}
GBP will test lower lows on all pairs except RUB and maybe JPY.

check gbpusd weekly...
  • #48,816
  • Jan 6, 2015 8:58pm Jan 6, 2015 8:58pm
Quoting birdnest
{quote} Hi Likica, Thanks for your comments! I always look at your post with envy, you are very timely with your entries! Ok, I am focusing on H4 trades, so D1 and W1 are my essential guide. But on the exact entry point, I still can't get it.
I give u an example from one of my trades I took yesterday (Tues my time) on GU with H4, H1 M30 view and you can apply to your TF with similar rules, where I entered on M30/H1,. you can see how good TDI looked on M30 ( I dont always take snapshot of all my entries with 3 charts tho)
Attached Image (click to enlarge)
Click to Enlarge Name: 6.1.15 GU M30 H1 short LO.png Size: 119 KB
Appreciation is the key to wealth and happiness
  • #48,817
  • Jan 6, 2015 8:59pm Jan 6, 2015 8:59pm
Which one qualifies to be AB of ABCD? ... White line or yellow line and why?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 54 KB
  • #48,818
  • Jan 6, 2015 9:08pm Jan 6, 2015 9:08pm
likica,

What the status of these two trades GBPNZD & NZDUSD? It looks like they are not heading in the direction of profit. Does take some breathing time before it turns back?
regards,
AB
  • #48,819
  • Jan 6, 2015 9:13pm Jan 6, 2015 9:13pm
Quoting ababias
likica, What the status of these two trades GBPNZD & NZDUSD? It looks like they are not heading in the direction of profit. Does take some breathing time before it turns back? regards, AB
Yeah, G pairs breath quite deep, I m watching current APB to see where it will close to decide my next steps...
Appreciation is the key to wealth and happiness
  • #48,820
  • Jan 6, 2015 9:14pm Jan 6, 2015 9:14pm
Quoting cristy1980
Hi all, I read it again and again what SJ said, that initial this system was developed from an US trader point of view... that it's nice, u can let over night the 4H graph to run, but now I still try to find the BEST solution to use this TMS system, due to the fact that I'm from Eastern Europe (GMT+2); a lot of people said that we are the lucky ones that we have access to both LO and NY O till NY lunch time, and also at night the Aussi Open, but the LO and NY O I'm at office... So if there are traders from my region can pls pls say to me...
Hi Cristy,

I have a suggestion for you. My favorite time frame is the daily chart.
By trading the daily you will have time for your family, work, life, etc.
I trade off the daily chart all the time. Put on your trade in the Asia session,
check on it in the London session & close out in the N/Y session. Rinse & repeat
everyday. You will have lot's of time for life! Imho, it is the best way to trade

Use the same system... just a better time frame for you & your life. If you need
any help please feel free to ask.

sj
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