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TMS for M30 charts

  • #6,461
  • Aug 6, 2015 3:57am Aug 6, 2015 3:57am
Quoting LazyTrad3r
for example i want now Short in EA......its too late because we have more than 3 red candles....right? Thx for Advice
from my entry price, EA has only moved 5p. It s up to you
Appreciation is the key to wealth and happiness
  • #6,462
  • Aug 6, 2015 4:02am Aug 6, 2015 4:02am
Quoting likica
{quote} from my entry price, EA has only moved 5p. It s up to you
Yeah its my decision.....but eelfranz told always......after the tdi cross max. 3 Candles....
mia san mia since 1900
  • #6,463
  • Aug 6, 2015 5:07am Aug 6, 2015 5:07am
Hello Likica,

please send me your Rules to entry position,

regards, Dan
  • #6,464
  • Aug 6, 2015 6:04am Aug 6, 2015 6:04am
Quoting kingpips288
{quote} Hi LW, I'm glad to see you posting here. May I ask when you work on m30, would you go down to m15/m5 to look if there is a potential pullback first? Thanks!
No I don't go down that far any more, the only reason I do it on h4 is because it gives me a much smaller stop loss because it has to align with d1 and that can mean large stop losses with pullbacks. If I trade m30 the stop loss isn't too big usually anyway because I'm looking at the angle on h4 and not particularly looking for a cross.
  • #6,465
  • Edited 6:38am Aug 6, 2015 6:15am | Edited 6:38am
Quoting Trader MT4
Hello Likica, please send me your Rules to entry position, regards, Dan
Hi Dan,
all stated on post#1 and if you not clear pls study my charts I posted (if you wish to follow my trading style), I don't know what else to say really I just follow basis PA with the help from TDI.
There are days having too many red news, if you feel too worried and have 1 or 2 losses, best to sit and watch or turn off PC and come back tomorrow.
btw, I just came back to my desk and got GA GN green deliveries, while my EA EU doing ok ( I only trade small lots today).
I wish I were at my desk to play breakout on GCAD GJ H4, they turned down so beautiful.
I suggest not to trade on smaller time frame than m30, well I did it sometimes and most of the time ending losses or got out too early, since today has so many news and price moved up and down with so many signals, I turned all my chart to H1 H4 to avoid me doing silly things
Appreciation is the key to wealth and happiness
  • #6,466
  • Aug 6, 2015 7:57am Aug 6, 2015 7:57am
Quoting likica
{quote} BE is not in my plan, if I m not happy with PA like if current candle close below prev or below/above 10ma, etc., I m out. If you trade G's pairs and move SL to BE after it moved +25p, you normally end with nothing as price retrace around 20-30p then head back to the main road again unless you are super accurate with your entries. btw, I m flat with gj for a few pips after it reached 25p at YH and dropped thru 10ma. In EA EU shorts...
That is so true, i got many BE's because of retrace, but still can not stop using it as I'm not yet good at manual closing by just looking at PA, maybe in a near future
  • #6,467
  • Aug 6, 2015 8:07am Aug 6, 2015 8:07am
GM guys
Missed the spike on EG at 7030 sleeping but got it at 7013
+43pips
Will most likely reload should PA reach 6950
In trading, you have to be defensive and aggressive at the same time
  • #6,468
  • Aug 6, 2015 8:15am Aug 6, 2015 8:15am
EU is approaching support zones
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 48 KB
Click to Enlarge Name: EURUSDDaily.png Size: 46 KB
In trading, you have to be defensive and aggressive at the same time
  • #6,469
  • Aug 6, 2015 8:23am Aug 6, 2015 8:23am
Its baffling to me how people ask for things without even trying to read the thread from page 1.
Really if you are so lazy even to read you should NOT TRADE! Trading is about paying attention to details.If you are not the type don't waste your time.Not everyone is meant to be a trader.In fact 95% fail.
If you can't even comprehend that trading requires massive effort both technical and psychological you should quit now.It will save you $$$ money and aggravation.No its not get rich quick and no its not easy.Easy part comes after going through many battles and survive through them.
If you are serious then show it.
In trading, you have to be defensive and aggressive at the same time
  • #6,470
  • Aug 6, 2015 8:32am Aug 6, 2015 8:32am
EA Short +20 Pips
Exit @ DOL
Attached Image (click to enlarge)
Click to Enlarge Name: EA.jpg Size: 190 KB
Attached Image (click to enlarge)
Click to Enlarge Name: h4.jpg Size: 186 KB
mia san mia since 1900
  • #6,471
  • Aug 6, 2015 8:37am Aug 6, 2015 8:37am
Cross on UJ but not taking it.PA has hard time breaking 2480
PA is king

Need UC to break 3160 testing 3120 before Friday
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30.png Size: 39 KB
In trading, you have to be defensive and aggressive at the same time
  • #6,472
  • Aug 6, 2015 8:52am Aug 6, 2015 8:52am
Quoting Davit
Cross on UJ but not taking it.PA has hard time breaking 2480 PA is king Need UC to break 3160 testing 3120 before Friday {image}
Hi
If i see this cross without your post for sure i taken it. Thx a Lot
Why you dont trade? because the Price have @2480 a support?
Thx for Advice

Lazy
mia san mia since 1900
  • #6,473
  • Aug 6, 2015 8:59am Aug 6, 2015 8:59am
Quoting LazyTrad3r
{quote} Hi If i see this cross without your post for sure i taken it. Thx a Lot Why you dont trade? because the Price have @2480 a support? Thx for Advice Lazy
Just simply longer price sticks to a zone harder it is to break it.Notice huge army of candles on left? It could break it now or not.Generally I prefer price stays on particular area short time like a transit stop.When it glues itself to a zone that means in general underlining support is there.
It could still go south.Its just probably on every trade you take.
like clockwork PA jumped up from 70 heading to 80.When I see shit like this I just pass it

Got out of EG early....left lots of money on it...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 29 KB
In trading, you have to be defensive and aggressive at the same time
  • #6,474
  • Aug 6, 2015 8:59am Aug 6, 2015 8:59am
Quoting likica
{quote} nice setup. Did u get in any today? {quote} nice stats D
Yeah, got around 50pips on GBPUSD and now shorting USDJPY. Hoping that i can win with it!

Any suggestion for the chart will be welcomed too.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h4-forex-capital-markets-2.png Size: 37 KB
  • #6,475
  • Aug 6, 2015 9:06am Aug 6, 2015 9:06am
Quoting Davit
{quote} Just simply longer price sticks to a zone harder it is to break it.Notice huge army of candles on left? It could break it now or not.Generally I prefer price stays on particular area short time like a transit stop.When it glues itself to a zone that means in general underlining support is there. It could still go south.Its just probably on every trade you take. like clockwork PA jumped up from 70 heading to 80.When I see shit like this I just pass it {image}
Ok thx for your advice......
I think its the best way i make my own Experience. With a lot of loosing trades.......my trading will be better.
mia san mia since 1900
  • #6,476
  • Aug 6, 2015 9:16am Aug 6, 2015 9:16am
Quoting LazyTrad3r
{quote} Ok thx for your advice...... I think its the best way i make my own Experience. With a lot of loosing trades.......my trading will be better.
Trading is an art-form requiring both technical but mostly psychological training.Its simply probability game.

Do more what works for you.
Good book to read
Psycho-Cybernetics, A New Way to Get More Living Out of Life
Maxwell Maltz

Taking 2 athletes with identical physical abilities one with psychological edge will outperform the other.
You are always trading against someone on the other side.
In trading, you have to be defensive and aggressive at the same time
  • #6,477
  • Aug 6, 2015 9:22am Aug 6, 2015 9:22am
Quoting Davit
{quote} Trading is an art-form requiring both technical but mostly psychological training.Its simply probability game. Do more what works for you. Good book to read Psycho-Cybernetics, A New Way to Get More Living Out of Life Maxwell Maltz Taking 2 athletes with identical physical abilities one with psychological edge will outperform the other. You are always trading against someone on the other side.
Word Up
mia san mia since 1900
  • #6,478
  • Aug 6, 2015 9:31am Aug 6, 2015 9:31am
Quoting LazyTrad3r
{quote} Word Up
Read the book please.Everything we do career, job, relationships relates to our self image.The book goes deep and its a classic best on the subject.Many out there but he is the original.
Just a picture from a book which tells you a lot.
The idea is simple.Work on yourself constantly until you utilize your full potential.
good luck
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 39 KB
In trading, you have to be defensive and aggressive at the same time
  • #6,479
  • Aug 6, 2015 9:47am Aug 6, 2015 9:47am
Quoting Davit
Its baffling to me how people ask for things without even trying to read the thread from page 1. Really if you are so lazy even to read you should NOT TRADE! Trading is about paying attention to details.If you are not the type don't waste your time.Not everyone is meant to be a trader.In fact 95% fail. If you can't even comprehend that trading requires massive effort both technical and psychological you should quit now.It will save you $$$ money and aggravation.No its not get rich quick and no its not easy.Easy part comes after going through many...
Dear Friend Davit you are 100% right.....Almost maximum people join in fx by inspiring from their unrealistic dream for get rich quick !!!!and the situation get more worst when they didn't learn from their mistake ,but the real truth is before thinking a big profit in fx they must need to give all concentration in learning session of fx ,,this fx is trillion dollar market and if someone want live from trading they must need be serious about learning technical and psychological part of fx before dreaming about earning !! .....Learn a lot Brother from your post and still learning and will be learn ,Take care and be well
  • #6,480
  • Aug 6, 2015 9:53am Aug 6, 2015 9:53am
Quoting mmhasan
{quote} Dear Friend Davit you are 100% right.....Almost maximum people join in fx by inspiring from their unrealistic dream for get rich quick !!!!and the situation get more worst when they didn't learn from their mistake ,but the real truth is before thinking a big profit in fx they must need to give all concentration in learning session of fx ,,this fx is trillion dollar market and if someone want live from trading they must need be serious about learning technical and psychological part of fx before dreaming about earning !! .....Learn a lot...
Mmhasan
thanks for your post and continue your journey to prosperity.I am still working on myself.One weakness of mine is getting out of winning trades early.I think its typical.I am just very conscious of it.Just smoothing out the wrinkles.
regards
In trading, you have to be defensive and aggressive at the same time
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