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  • #52,821
  • Feb 9, 2015 7:11am Feb 9, 2015 7:11am
Here is another picture of the eur/aud, 1 hour & daily chart.
I think it's interesting that price is hugging the LFL-atm projection line
on the 1 hour. Looks like the daily will give off it's signal on the new daily bar.
(We'll see). If so...a lot of new sellers will come into the market.

Likica...Thanks for the LFL-atm indicator (it is really good).
Also, your a amazing trader! (Plus their are some other amazing traders here)
sj
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 63 KB
Click to Enlarge Name: EURAUDDaily.png Size: 66 KB
  • #52,822
  • Edited 7:40am Feb 9, 2015 7:26am | Edited 7:40am
Quoting snarlyjack
Here is another picture of the eur/aud, 1 hour & daily chart. I think it's interesting that price is hugging the LFL-atm projection line on the 1 hour. Looks like the daily will give off it's signal on the new daily bar. (We'll see). If so...a lot of new sellers will come into the market. Likica...Thanks for the LFL-atm indicator (it is really good). Also, your a amazing trader! (Plus their are some other amazing traders here) sj {image} {image}
Thanks SJ for your support and thanks who created it and finally thanks who shared it around ( I followed LW and saw her using it). My problem was I didn't have 100% trust on it to let my trade running....
I m done for today. my pain killer is all over me (fr that dental operation). need sleep....
Have a great day to all
Appreciation is the key to wealth and happiness
  • #52,823
  • Feb 9, 2015 7:39am Feb 9, 2015 7:39am
If you zoom out of EA daily you see a definite trend. Price has just moved into support but has room to fall further.

Attached Image (click to enlarge)
Click to Enlarge Name: EAdaily.PNG Size: 56 KB
Intelligence is the ability to adapt to change. Stephen Hawking
  • #52,824
  • Feb 9, 2015 8:04am Feb 9, 2015 8:04am
Make a long next hour ?
any comments ?
correct me if I'm wrong. Still a newbie in this method.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ.JPG Size: 50 KB
  • #52,825
  • Feb 9, 2015 8:31am Feb 9, 2015 8:31am
Looks good , letīs see what happens on the next candle open .
Risiko birgt immer auch die Chance.
  • #52,826
  • Feb 9, 2015 8:33am Feb 9, 2015 8:33am
Quoting shinhwa92
Make a long next hour ? any comments ? correct me if I'm wrong. Still a newbie in this method. {image}
I am a noobie myself but I don't think that would be a good trade. Go up to the 4 hour and daily and take a look.
Daily is building a bearish engulfing and over all would be counter trend.
  • #52,827
  • Feb 9, 2015 8:39am Feb 9, 2015 8:39am
Quoting shinhwa92
Make a long next hour ? any comments ? correct me if I'm wrong. Still a newbie in this method. {image}

great one, i saw a nice pinbar on H1
  • #52,828
  • Edited 9:00am Feb 9, 2015 8:45am | Edited 9:00am
30+ Green EJ, Took when price closed above PAC and liked the PA. TP just above Guppys.

Attached Image (click to enlarge)
Click to Enlarge Name: ej.PNG Size: 37 KB


22+ Green USDCAD trailing stop got took out. Price just missed my TP and bounced back.

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.PNG Size: 36 KB


That's me done for the day. 4 Trades 92 pips profit. Really disappointed I didn't catch more from EURAUD. But that's life.

50+ EURAUD
10- EURJPY
30+ EURJPY
22+ USDCAD
Intelligence is the ability to adapt to change. Stephen Hawking
  • #52,829
  • Feb 9, 2015 8:52am Feb 9, 2015 8:52am
Quoting kminler
{quote} I am a noobie myself but I don't think that would be a good trade. Go up to the 4 hour and daily and take a look. Daily is building a bearish engulfing and over all would be counter trend.
in H4 chart a hook over is forming in TDI indicator but Stochastic is not really nice for entry.
lets wait for another 9 minutes and see hows the price.
Green Pips everyone.
  • #52,830
  • Feb 9, 2015 8:59am Feb 9, 2015 8:59am
Quoting kminler
{quote} I am a noobie myself but I don't think that would be a good trade. Go up to the 4 hour and daily and take a look. Daily is building a bearish engulfing and over all would be counter trend.
I'm a noob too, but as other seniors said, the beauty of the 1H, is that it is possible to do counter trend trades. For example, could you grab 10 or 20 pips in a candle or two. Just take into account that you're doing a countertrend trade, and adjust your TP to a smaller profit.

Hope I'm not wrong, perhaps some senior could validate this.
Had to be me. Someone else might have gotten it wrong.
  • #52,831
  • Feb 9, 2015 9:02am Feb 9, 2015 9:02am
Quoting nods80
30+ Green EJ, Took when price closed above PAC and liked the PA. TP just above Guppys. {image} 22+ Green USDCAD trailing stop got took out. Price just missed my TP and bounced back. {image} That's me done for the day. 4 Trades 92 pips profit. Really disappointed I didn't catch more from EURAUD. But that's life. 50+ EURAUD 10- EURJPY 30+ EURJPY 22+ USDCAD
well done bro. M30 for all trades?
  • #52,832
  • Feb 9, 2015 9:06am Feb 9, 2015 9:06am
Quoting shinhwa92
{quote} well done bro. M30 for all trades?
Thanks. I look at h1 and h4 if I see a set up in the making I drop to a lower tf and see if I like it. If I trade lower tf I have smaller tp and tighter sl because of a greater chance of getting bounced out.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #52,833
  • Feb 9, 2015 9:07am Feb 9, 2015 9:07am
Both EJ and GJ charts showed good entries. Enter both pairings with narrow profit. Steal and run.
  • #52,834
  • Feb 9, 2015 9:09am Feb 9, 2015 9:09am
Quoting nods80
{quote} Thanks. I look at h1 and h4 if I see a set up in the making I drop to a lower tf and see if I like it. If I trade lower tf I have smaller tp and tighter sl because of a greater chance of getting bounced out.
OK cool. Learnt something new today. Used to trade on H4 and just giving a try on H1.
  • #52,835
  • Feb 9, 2015 9:17am Feb 9, 2015 9:17am
Quoting shinhwa92
{quote} OK cool. Learnt something new today. Used to trade on H4 and just giving a try on H1.
I like H4. If you get a good set up and let it run you can get some big pips but smaller tf's are more fun.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #52,836
  • Feb 9, 2015 11:58am Feb 9, 2015 11:58am
Quoting nods80
{quote}
Thanks , u been doing very good with TMS, I went long on GJ again at NYO +1 but ended at BE after moving +30 so good day after all
I Have Learned to Take Some Losses to Make Profits
  • #52,837
  • Feb 9, 2015 12:54pm Feb 9, 2015 12:54pm
Quoting snarlyjack
Here is another picture of the eur/aud, 1 hour & daily chart. I think it's interesting that price is hugging the LFL-atm projection line on the 1 hour. Looks like the daily will give off it's signal on the new daily bar. (We'll see). If so...a lot of new sellers will come into the market. Likica...Thanks for the LFL-atm indicator (it is really good). Also, your a amazing trader! (Plus their are some other amazing traders here) sj {image} {image}
Hi snarlyjack, i really like your chart setup, I notice you are using two different TDI's whats the second TDI indicator you have? and whats it purpose?
  • #52,838
  • Feb 9, 2015 1:16pm Feb 9, 2015 1:16pm
{quote} Thanks for the kind words Next, I see you're in Essex. I've been to Brentwood recently where some of my friends are based. Small world I see you had some excellent results in January and our strategies appear very similar. I presume you're using set and forget as you're working/ studying around LO? Taking just 11 trades over the course of a month demonstrates a huge amount of patience & discipline. The 8 wins demonstrates that you really are cherry picking the best setups! It would be great to have you more active in the thread if you can find the time! All the best! Ballistical[/quote]
Brentwood is only 10 minutes from me.
Taking just 11 trades in a month is nothing to do with my patience and discipline but more to do with not being at the pc during LO. I would love to be able to participate more in the thread, I usually catch up after getting home from work, hopefully the project I'm on will be winding down soon so who knows.
Best regards
Next4467
  • #52,839
  • Feb 9, 2015 1:20pm Feb 9, 2015 1:20pm
Quoting TheScorpS
{quote} Thanks , u been doing very good with TMS, I went long on GJ again at NYO +1 but ended at BE after moving +30 so good day after all
Thanks mate. Means a lot.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #52,840
  • Edited 3:48pm Feb 9, 2015 3:25pm | Edited 3:48pm
Quoting rtradern
{quote} Hi snarlyjack, i really like your chart setup, I notice you are using two different TDI's whats the second TDI indicator you have? and whats it purpose?
Rtradern,

Both of these Tdi's are different & I was just seeing which
one I liked the best.

1). The first Tdi (Synergy Pro Tdi) is a real time rsi (always moving)
with a rsi setting of 10. Developed by Dean Malone.

2). The second Tdi is the original green/red that only moves after
the bar changes (once per hour for example). This is the Tdi that
Eelfranz used when Tms was developed. Also developed by Dean Malone.
It has a rsi setting of 13.

We get our signal & place our trade after the bar closes & a new bar
forms. And the Tdi signals on that bar, for example. The rest of the
bar after we open a trade will fluctuate all over the place. The first Tdi
will fluctuate with the new bar (Synergy Pro Tdi). The original Tdi will
not fluctuate with price movement & will lock into place until the next bar.

The question become's which is better to trade with? Their are advantages
& disadvantages to both ways. Some people are using the new Tdi (Synergy Pro)
& some people are using the old Tdi. I was posting both Tdi's so people could
really look at them because they are different from one another.

The real question is... what Tdi does everyone like the best and why?
sj
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