Disliked{quote} What are you using in the day setting for the ADR indicator top left where it shows 186 ? I'm using 10 days and the ADR is only 135, yesterday's range was 186, curiousIgnored
the cautious seldom err....C
- #641
- Feb 27, 2015 5:16am Feb 27, 2015 5:16am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #642
- Feb 27, 2015 5:20am Feb 27, 2015 5:20am
- Joined Aug 2012 | Status: Trader | 18,655 Posts
{quote} yes but not in any right now...waiting for it to go thru DOL or making LH... {image}
the cautious seldom err....C
- #643
- Feb 27, 2015 5:20am Feb 27, 2015 5:20am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #644
- Feb 27, 2015 5:22am Feb 27, 2015 5:22am
- Joined Jul 2011 | Status: Gold Again | 10,565 Posts
It takes a lot for me to IGNORE you, but you can try.
{quote} Erbus I like the idea of having small daily target though starting with a 1k at 5% a day in 143 successful TMS for 30 min chart days you would be a millionaire. Keep on trucking! {file}
Thanks!
Had to be me. Someone else might have gotten it wrong.
- #646
- Edited 7:26am Feb 27, 2015 6:08am | Edited 7:26am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #647
- Feb 27, 2015 7:30am Feb 27, 2015 7:30am
- Joined Jul 2011 | Status: Gold Again | 10,565 Posts
GJ div for a long... out of both GU GJ b4 news {image}
Similar on USD/JPY but upside now - is that valid?
NEWS
It takes a lot for me to IGNORE you, but you can try.
- #650
- Feb 27, 2015 8:48am Feb 27, 2015 8:48am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #651
- Feb 27, 2015 8:49am Feb 27, 2015 8:49am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #652
- Feb 27, 2015 9:25am Feb 27, 2015 9:25am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Sorry for those who PM me, since I run this thread and trading I found it s too much to also reply PM. If you have queries best is asking here so others can help you and me because I don't know all answers
and don't have time to reply.
Here one of PM I received which I am answering here so others might benefit and share their experiences.
1. Do you always trade away from the DOL? Is this a solid rule? I ask because like with GU, EU etc yesterday, there were big moves and you would have missed it as it was above the DOL? yes, most of the time I tried to trade away from it, if there s a signal and has space for PT I would take it.
2. I use SupDem on my charts, and sometimes when the market is in a small range SupDem creates both the blue and red bars very close together. As a rule, I dont like trading into these supply and demand zones, but how do you distinguish which are the false ones? I don't pay much attentions to that indie, I use weekly S/R, Daily High Low, DOL
3. I also added the MTF TDI to my charts, but I also see that sometimes the market makes big moves even when the MTF hasnt crossed? Do you just leave out these trades if ALL your rules have not passed your checks? MTF TDI is there for me to scale up/avoid trading overbought/oversold. You don't have to wait for it to cross, bending down/up to the same direction of your trades will help.
TDI with right PA is the most important, other indies on my chart are treated as bonuses, if paying attentions to all indies on your chart and not PA you miss the principal.
and don't have time to reply.Here one of PM I received which I am answering here so others might benefit and share their experiences.
1. Do you always trade away from the DOL? Is this a solid rule? I ask because like with GU, EU etc yesterday, there were big moves and you would have missed it as it was above the DOL? yes, most of the time I tried to trade away from it, if there s a signal and has space for PT I would take it.
2. I use SupDem on my charts, and sometimes when the market is in a small range SupDem creates both the blue and red bars very close together. As a rule, I dont like trading into these supply and demand zones, but how do you distinguish which are the false ones? I don't pay much attentions to that indie, I use weekly S/R, Daily High Low, DOL
3. I also added the MTF TDI to my charts, but I also see that sometimes the market makes big moves even when the MTF hasnt crossed? Do you just leave out these trades if ALL your rules have not passed your checks? MTF TDI is there for me to scale up/avoid trading overbought/oversold. You don't have to wait for it to cross, bending down/up to the same direction of your trades will help.
TDI with right PA is the most important, other indies on my chart are treated as bonuses, if paying attentions to all indies on your chart and not PA you miss the principal.
Appreciation is the key to wealth and happiness
- #656
- Feb 28, 2015 3:32pm Feb 28, 2015 3:32pm
- Joined Jul 2011 | Status: Gold Again | 10,565 Posts
Hello, who Will explain me DOTS Method? Regards from Slovenia
It takes a lot for me to IGNORE you, but you can try.
- #658
- Mar 1, 2015 5:41am Mar 1, 2015 5:41am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} And I thought I was the only one, spiked me in and went to the stop ??{image}
[LOL!]
- #659
- Mar 1, 2015 5:48am Mar 1, 2015 5:48am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
One question that comes up a lot is about Risk:Reward... the thing is with TMS, it looks like the R:R is nuts cause Big E said to place your SL @ the previous pivot L or H. So you got to look @ the overall R:R [like per W1] and not on a trade by trade. Sounds a bit odd but like Big E said the SL is rarely hit cause when a trade starts to look bad [for whatever reason] you get out and focus on something else (just like Big E said). Last W1 my overall R:R was just over 1:4 - sweet spot
- #660
- Mar 1, 2015 5:50am Mar 1, 2015 5:50am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{image}
