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TMS for M30 charts

  • #5,801
  • Jul 17, 2015 10:51am Jul 17, 2015 10:51am
Quoting likica
{quote} well noted. potential does not mean confirmation if no cross and PA not ready, even with TDI cross with tiny bull bodied APB won't be counted. It s currently stalled at S/R with many long tails but bulls not stepping in yet, could be only profit taking from the short...
I am staying out of EU and Euro pairs.There are oversold but as we know they can go lower.
I am sure there will be at least 200pip correction coming but not today.
In trading, you have to be defensive and aggressive at the same time
  • #5,802
  • Edited 11:20am Jul 17, 2015 10:52am | Edited 11:20am
Quoting likica
{quote} thanks GS. You got nice and heavy bags from FO LO too. Have a nice weekend to you and all.
thnx again LK for all that you do here to help everyone

Quoting Davit
{quote} I am staying out of EU and Euro pairs.There are oversold but as we know they can go lower. I am sure there will be at least 200pip correction coming but not today.
thnx for all the work that you do here Davit - i sure hope you dont stop posting your chart analysis your fund analysis is one of the best ive read
  • #5,803
  • Jul 17, 2015 11:35am Jul 17, 2015 11:35am
Quoting griffinssoul
{quote} thnx again LK for all that you do here to help everyone {quote} thnx for all the work that you do here Davit - i sure hope you dont stop posting your chart analysis your fund analysis is one of the best ive read
GS and LK thanks both.
We need few more red traders and this thread will be a goldmine.
You are too generous to me.Which motivates me to become better.Lions hunt better in a pact
thks

If its worth anything AU is crossing now at 30min...
In trading, you have to be defensive and aggressive at the same time
  • #5,804
  • Jul 17, 2015 8:03pm Jul 17, 2015 8:03pm
Just sharing few thoughts since its Friday.
On tRading

This is tough endeavor only few survive
FF is full of BS explorers people posting 1200% return a week and down 75% overall.Posting 800% return on 200 account is peanuts.Does not impress me nor should it impress you.What this mean the guy is over trading to a tilt and with 100 200 account blowing it away does not seem that damaging.In real world with real accounts people don't risk 75% on a single trade.
If you got this attitude which is gamblers attitude just simply avoid this thread please.
Realistically I shoot 10% monthly
and more or less that's my goal.Making 10% a month in 36months is staggering purse.
What this means every trade should be looked upon meticulously not lets shoot and see if it hits. We want to take only trades that confirm this thread's rules!
Success is measured not by 2,3,4,5 trades but 20+
This is important because often people go from system to system and after losing few become endless gypsies searching for wholly grail.
Stick with one method and master it.
Things that are important
1.If wrong take the loss (there is certain degree of randomness in the market and there is no way you will be correct all the time.Richard Donchian was only correct 30% but he made millions by simply closing losses early and letting profits run)
2.Take reasonable TP but if you are in strong trend in good positions let it run
3.Market is king and your ego is your enemy.Submit to her don't fight the market
4.BE patient and let the trades come to you
5Check your greed meter! Biggest losses are result of greed not taking the small loss early and your ego convincing you know better then the market.You are just a tiny speck in the ocean.Always check your ego.Be humble give and receive.

That's it for now.
Enjoy the weekend
In trading, you have to be defensive and aggressive at the same time
  • #5,805
  • Jul 17, 2015 9:19pm Jul 17, 2015 9:19pm
Quoting mkfx
Hi Guys Today movement started before LO and I exited too early from all the trades than again entry exit so many time just seeing PA and TDI. Total so far amount is equal to pips approx. my lot is 0.10 for each trade. {image}
mkfx,

I like what I see. Steady growth and discipline.
10% every 20-trading days is a SMART objective.

keep at it.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,806
  • Jul 17, 2015 9:25pm Jul 17, 2015 9:25pm
Some very good information on Money Management shared here in Trading Made Simple for M15 timeframe LE1' aka Arjun thread

http://www.forexfactory.com/showthre...31#post8387831

this can change the way you look at trading with your hard-earned money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,807
  • Jul 18, 2015 1:43am Jul 18, 2015 1:43am
Not much USD news next week except unemployment claims which is forecast negative anyway.
From my experience when news is light on USD after staggering bull run last week I am anticipating corrections mainly on UC AU NU UJ and EU specially sorry situation of EG
I would avoid trading NZD until rate decision is announced.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #5,808
  • Edited 3:13pm Jul 19, 2015 2:55pm | Edited 3:13pm
GA plays it simple by bouncing off round numbers with a PCRF or DT/DB. TDI shows the way on OB/OS...Again and again...

Have a great week L&all!

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Best regards, Zef
  • #5,809
  • Edited 11:41pm Jul 19, 2015 9:17pm | Edited 11:41pm
Quoting ZeF
GA plays it simple by bouncing off round numbers with a PCRF or DT/DB. TDI shows the way on OB/OS...Again and again... Have a great week L&all! {image} {image}
Good to hear from you ZeF. Hope all is well with you.
Thanks for the update. I m buying both.
Edited: result after 2 hrs...
Attached Image (click to enlarge)
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Appreciation is the key to wealth and happiness
  • #5,810
  • Edited 12:59am Jul 20, 2015 12:44am | Edited 12:59am
Quoting likica
{quote} Good to hear from you ZeF. Hope all is well with you. Thanks for the update. I m buying both. Edited: result after 2 hrs... {image}
Nice start for the week
Looking at bigger picture.
Euro has been oversold to extreme and 108 is S38 and double bottom (painted green box)
Will be looking closely at this level
Bias is bull based on daily open but could change.LO will show the direction.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #5,811
  • Jul 20, 2015 1:19am Jul 20, 2015 1:19am
Hoped some of you caught AU and NU moves up
Clear signals on 30min!!
In trading, you have to be defensive and aggressive at the same time
  • #5,812
  • Jul 20, 2015 1:54am Jul 20, 2015 1:54am
Quoting Davit
Hoped some of you caught AU and NU moves up Clear signals on 30min!!
It was a good shot up but maybe just a temp.
I had a quick look at GA and expecting a long coming, might be 1 hr after LO. I m on the road...
Appreciation is the key to wealth and happiness
  • #5,813
  • Jul 20, 2015 2:05am Jul 20, 2015 2:05am
Quoting likica
{quote} It was a good shot up but maybe just a temp. I had a quick look at GA and expecting a long coming, might be 1 hr after LO. I m on the road...

Hi L,

Nice shot on Asian .

Got these tools which cut my screen time to 1/3 of what it used to be. I quit waiting for the RSI to reach certain levels on the TDI or price to go to certain s/r areas.

I got 2 indies on a blank chart which do that for me and send me mail alerts on my mobile within 5 minutes of the fact.

When my TDI goes into OB/OS area, I get an e-mail. Not from the TDI indie, but from another RSI that I set up almost like the TDI itself. Don't need it to be 100% accurate - I'll look myself at that, but to indicate general area, whether ob or os...is enough.

Also when price reaches a certain level, I get an e-mail from the Price Alert indie which draws the lines on the chart. Very helpful.
Then I simply open the mobile platform (very basic) to check and decide if to enter.
No more waiting time for me. Setting these alerts take 5 min daily, if they've been hit the previous day.

Attached File(s)
File Type: ex4 PriceAlert.ex4   8 KB | 254 downloads

Attached File(s)
File Type: mq4 PriceAlert.mq4   5 KB | 274 downloads

Attached File(s)
File Type: ex4 Rsi Alert v1.1.ex4   12 KB | 272 downloads

Attached File(s)
File Type: mq4 Rsi Alert v1.1.mq4   4 KB | 283 downloads


How to set up email on MT4
Inserted Video
Best regards, Zef
  • #5,814
  • Jul 20, 2015 2:16am Jul 20, 2015 2:16am
Quoting likica
{quote} It was a good shot up but maybe just a temp. I had a quick look at GA and expecting a long coming, might be 1 hr after LO. I m on the road...
Closed my AU longs 4 positions at 7391
Decent profits.
May dip in again should it go lower again.With a whole week empty of USD news other then unemployment claims I think lot of oversold pairs may bounce up a little.

Key level for GU is around 5657-65 zone for leg down.
As you can tell its ranging between 5570 Wpivot to 5660 basically tight 100pip range
Most traders cringe when they hear range but I love range since I love repeating same trades over and over.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #5,815
  • Jul 20, 2015 2:24am Jul 20, 2015 2:24am
GN 80+
EN 68+
Attached Image(s) (click to enlarge)
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  • #5,816
  • Jul 20, 2015 2:33am Jul 20, 2015 2:33am
Quoting mkfx
GN 80+ EN 68+ {image} {image}
Great work
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #5,817
  • Jul 20, 2015 2:55am Jul 20, 2015 2:55am
UJ is running out of steam failing to break 2415-20

:nerd:
In trading, you have to be defensive and aggressive at the same time
  • #5,818
  • Jul 20, 2015 3:15am Jul 20, 2015 3:15am
Quoting Davit
UJ is running out of steam failing to break 2415-20 :nerd:
Am hoping stops above Kuroda-san candle are ok.
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 126 KB
"I know one thing, that I know nothing." Sokrates
  • #5,819
  • Jul 20, 2015 3:29am Jul 20, 2015 3:29am
Quoting Tom_D_Trader
{quote} Am hoping stops above Kuroda-san candle are ok. {image}
Hi Tom
nice of you to drop by UJ is temperamental.BOJ holiday now
Prefer she dives lower pushing my favorite pairs against USD mainly UC AU
We'll see
Regards
In trading, you have to be defensive and aggressive at the same time
  • #5,820
  • Jul 20, 2015 3:41am Jul 20, 2015 3:41am
Quoting Davit
{quote} Hi Tom nice of you to drop by UJ is temperamental.BOJ holiday now Prefer she dives lower pushing my favorite pairs against USD mainly UC AU We'll see Regards
UC and AU screwed up due to Oil correction. On the other hand, Oil Daily still has momentum to the downside..but fading and 49,5-49,9 is strong. Should it go 47,7 test, I think I will chew another loss and will be pretty bashed up. I acknowledge that vacation but a) Tokyo would be closing anytime soon b) am not saying BoJ will verbally intervene again - though they can although market is closed, but more of Mr. Market testing intervention zone. You dont wanna fight BoJ. Market just likes to test... and is part of Abe+Kuroda plan to both inflate economy and prevent Yen hyperinflation - quite hard to manage looking at their massive monetary enhancement...but looking at Asia going down and both PBOC and BoJ joining their efforts trying to prevent stock market crash...the fact they are closed can be actually helpfull as natural market forces could prevail. Long term Yen could end up very bad in investors fleeing out of country and really go hyperspeed, though short/mid term as Asian stocks deserve to drop (+you can take incoming FED hike into account) - is a JGBs + stocks sell and therefore Yen buy. Well thats about my plan, but so far UJ is spanking my ass.

Edit: Btw, also have heard Cad cut rates about a week ago..so Ucad not very safe.
"I know one thing, that I know nothing." Sokrates
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