TMS for M30 charts | Page 127 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

RiskyFX-M30 System 117 replies

Pulse M5, M15, M30,H1+ 9 replies

London Open Breakout-M30 57 replies

M30 Rainbow Madness 23 replies

Different between time frames M30 1H and 4H 2 replies

Attachments: TMS for M30 charts
Exit Attachments

TMS for M30 charts

  • #2,521
  • Apr 15, 2015 2:48pm Apr 15, 2015 2:48pm
Quoting BallijnForex
{quote} Hey Peeps, as redcloudxlll mentioned i'm also returning to trading TMS M30 after a break of 4 weeks. Hope to get the flow again after a while. Is it a must to read back from the page I left this forum, page 60 ishhh, it won't be a problem but just curious because I haven't read anything since my break >.< Thanks in advance, Wes. Let do this!
Sometimes it's good to read and look back. I took a break because I made mistakes and didn't follow tms the way I was. A week refreshed my mind and forgot about my loses. I peaked here and there to see how everyone was doing. everyone post charts and trades so you might see some awesome setups from everyone.
Positive anything is better than negative thinking.- Elbert Hubbard
  • #2,522
  • Apr 15, 2015 6:06pm Apr 15, 2015 6:06pm
Short term says wait for retracement and buy ... longer term says wait for retracement and sell .. what is best .. stay away ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU30.png Size: 63 KB
Click to Enlarge Name: GU3Hr.png Size: 85 KB
  • #2,523
  • Apr 15, 2015 7:20pm Apr 15, 2015 7:20pm
Quoting blade813
Short term says wait for retracement and buy ... longer term says wait for retracement and sell .. what is best .. stay away ? {image} {image}
What type of trader are you?
If you are taking trades on M30, focus on PA M30 to enter when TDI confirmed, check HTF for S/R to avoid not trade against those walls.
Look at your GU H3 it s facing resistant, keep it in mind not to trade into it if there a buy on M30.

PA tips: price usually reverse when it @ S/R and form double tops/bottoms (DT/DB) or a pullback candle formation (PCRF), enter once TDI formed.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: PCRF.png Size: 37 KB
Click to Enlarge Name: Double bottoms.png Size: 33 KB
Click to Enlarge Name: Double tops.png Size: 21 KB
Appreciation is the key to wealth and happiness
  • #2,524
  • Apr 15, 2015 7:34pm Apr 15, 2015 7:34pm
Quoting redcloudxlll
{quote} Sometimes it's good to read and look back. I took a break because I made mistakes and didn't follow tms the way I was. A week refreshed my mind and forgot about my loses. I peaked here and there to see how everyone was doing. everyone post charts and trades so you might see some awesome setups from everyone.
Welcome back Red and Wes

We all have ups and downs. If we fall, sit up and take a rest and think why we fell and then stand up and become stronger hehehe...(remember to take one step at the time and need to be in the right order or u will get dizzy and do silly things)
Appreciation is the key to wealth and happiness
  • #2,525
  • Apr 15, 2015 7:42pm Apr 15, 2015 7:42pm
Quoting likica
{quote} Welcome back Red and Wes We all have ups and downs. If we fall, sit up and take a rest and think why we fell and then stand up and become stronger hehehe...(remember to take one step at the time and need to be in the right order or u will get dizzy and do silly things)
Tell me about it hahaha. I'm Eyeing the NU short... 30M starting to turn. possible entry short soon.
Positive anything is better than negative thinking.- Elbert Hubbard
  • #2,526
  • Apr 15, 2015 7:43pm Apr 15, 2015 7:43pm
GU EU AU are all up again... be careful of Asian traps as all 3 are facing S/R
Appreciation is the key to wealth and happiness
  • #2,527
  • Apr 15, 2015 7:43pm Apr 15, 2015 7:43pm
Quoting likica
{quote} What type of trader are you? If you are taking trades on M30, focus on PA M30 to enter when TDI confirmed, check HTF for S/R to avoid not trade against those walls. Look at your GU H3 it s facing resistant, keep it in mind not to trade into it if there a buy on M30. PA tips: price usually reverse when it @ S/R and form double tops/bottoms (DT/DB) or a pullback candle formation (PCRF), enter once TDI formed. {image} {image} {image}
Thanks likica .. watching it for now .. i try to keep options open as far as trading short term (30 min) or longer time frames. Seems like the more I analyze the different time frames, the more confusing it gets. I do like trading the double tops .. seems to be best opportunity to get in with good risk reward.
  • #2,528
  • Apr 15, 2015 7:50pm Apr 15, 2015 7:50pm
Quoting likica
GU EU AU are all up again... be careful of Asian traps as all 3 are facing S/R
HAHA I know those traps are deadly. things will go smoothly in 4-5 hours... looking forward to entering some trades soon
Positive anything is better than negative thinking.- Elbert Hubbard
  • #2,529
  • Apr 15, 2015 7:51pm Apr 15, 2015 7:51pm
Quoting blade813
{quote} Thanks likica .. watching it for now .. i try to keep options open as far as trading short term (30 min) or longer time frames. Seems like the more I analyze the different time frames, the more confusing it gets. I do like trading the double tops .. seems to be best opportunity to get in with good risk reward.
Like trading tops. Look at NU 4H Tripple top. That's why I'm soooo tempted to enter short.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 37 KB
Positive anything is better than negative thinking.- Elbert Hubbard
  • #2,530
  • Apr 15, 2015 7:51pm Apr 15, 2015 7:51pm
Quoting redcloudxlll
{quote} Tell me about it hahaha. I'm Eyeing the NU short... 30M starting to turn. possible entry short soon.
I don't trade NU and might not be expert on this pair like you Red.
Good observation, yes price touched this resistant few times, but from the look at M30 need more confirmation from PA when look left I saw only big bulls , and you might have noted that TDI H1>68 NO BUY until this stepping down from that dead zone. Patience is needed
Attached Image (click to enlarge)
Click to Enlarge Name: 16.4.15 NU M30 H4.png Size: 118 KB
Appreciation is the key to wealth and happiness
  • #2,531
  • Apr 15, 2015 7:54pm Apr 15, 2015 7:54pm
Quoting likica
{quote} I don't trade NU and might not be expert on this pair like you Red. Good observation, yes price touched this resistant few times, but from the look at M30 need more confirmation from PA when look left I saw only big bulls , and you might have noted that TDI H1>68 NO BUY until this stepping down from that dead zone. Patience is needed {image}
As patient as can be. I like NU it has been my safest pair so far. I've made some nice profits with it. Just requires a lot of waiting since It does not move much. Like all of us I love the GA GJ EJ EA pairs. but they hurt. lol
Positive anything is better than negative thinking.- Elbert Hubbard
  • #2,532
  • Apr 15, 2015 8:02pm Apr 15, 2015 8:02pm
red news coming soon...no trade until 15mins after news over....
good number just out...AU might shoot thru resistant then reverse (other pairs like GU EU NU might follow)...someone will be burnt around this area for playing breakout type
I will be back later...no fun atm
Appreciation is the key to wealth and happiness
  • #2,533
  • Apr 15, 2015 8:05pm Apr 15, 2015 8:05pm
Quoting likica
red news coming soon...no trade until 15mins after news over....
Positive anything is better than negative thinking.- Elbert Hubbard
  • #2,534
  • Apr 15, 2015 8:07pm Apr 15, 2015 8:07pm
with employment news coming out of Australia shortly, how does that typically affect NZD ?
  • #2,535
  • Apr 15, 2015 8:09pm Apr 15, 2015 8:09pm
Quoting blade813
with employment news coming out of Australia shortly, how does that typically affect NZD ?
some how they copy each other as neighbors
Appreciation is the key to wealth and happiness
  • #2,536
  • Apr 15, 2015 8:11pm Apr 15, 2015 8:11pm
Quoting likica
{quote} some how they copy each other as neighbors
Agree they compliment each other well!!
Positive anything is better than negative thinking.- Elbert Hubbard
  • #2,537
  • Apr 15, 2015 9:16pm Apr 15, 2015 9:16pm
It looks posible that AU is heading up to 0.78...
Since GU EU stalled at resistant, good for GA EA shorts...
Appreciation is the key to wealth and happiness
  • #2,538
  • Apr 15, 2015 9:19pm Apr 15, 2015 9:19pm
Quoting likica
It looks posible that AU is heading up to 0.78... Since GU EU stalled at resistant, good for GA EA shorts...
After a drop of 100 pips on both pairs? Where are your stops set ?
  • #2,539
  • Apr 15, 2015 10:12pm Apr 15, 2015 10:12pm
Looking at NU Shorts. AU might follow.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB
Positive anything is better than negative thinking.- Elbert Hubbard
  • #2,540
  • Apr 16, 2015 1:56am Apr 16, 2015 1:56am
Quoting sknight1
{quote} After a drop of 100 pips on both pairs? Where are your stops set ?
big drop from GA EA did not go much after 1st big apb. sl placed at high of that big red.... Let see if any improvement at LO.
GJ Potential for a drop
Appreciation is the key to wealth and happiness
53 traders viewing now