TMS for M30 charts | Page 349 | 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

  • #6,961
  • Aug 19, 2015 2:25am Aug 19, 2015 2:25am
Quoting sknight1
{quote} WTF ? There's a lot of $hit on that chart....!
thnx SK i thought i was over doing it a bit.... []
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 55 KB
  • #6,962
  • Aug 19, 2015 2:30am Aug 19, 2015 2:30am
Quoting Davit
Adding to losing positions has severe negative connotations. However when done property with clear SL and trading edge its a great way to build equity. Let me clarify Person A trades full 1 lot He enters 3130 short SL 3150 and PA takes him out and -200 and then turns south at 3155 without him. Person B divides 1 lot into 4 mini lots He enters at 3130 3140 3150 and still not fully committed.He waits out the DD and PA goes south and he profits. 2 traders trading same PA 1 is ahead and the other is -200 There is more Should person B see that his 1st...
Thats not adding to losing trades in the way I mean, that is splitting a trade up into smaller amounts and trading it that way. If you get the entry right though the downfall of doing it that way is that you only have a quarter of the amount you were willing to risk riding on it. Thats why I look at every timeframe, larger and smaller to judge the best place for putting the trade in. That way I have a higher chance of getting it right first time and then if I have a pullback I am still in profit and the smaller timeframe will guide me where to add to the winning trade. If I get it wrong I'll know very quickly by the smaller timeframe and will take it out there.
  • #6,963
  • Aug 19, 2015 2:33am Aug 19, 2015 2:33am
Quoting lastingwell
{quote}Thats not adding to losing trades in the way I mean, that is splitting a trade up into smaller amounts and trading it that way. If you get the entry right though the downfall of doing it that way is that you only have a quarter of the amount you were willing to risk riding on it. Thats why I look at every timeframe, larger and smaller to judge the best place for putting the trade in. That way I have a higher chance of getting it right first time and then if I have a pullback I am still in profit and the smaller timeframe will guide me where...
sounds good brother.
In trading, you have to be defensive and aggressive at the same time
  • #6,964
  • Aug 19, 2015 2:35am Aug 19, 2015 2:35am
Quoting lastingwell
{quote}Thats not adding to losing trades in the way I mean, that is splitting a trade up into smaller amounts and trading it that way. If you get the entry right though the downfall of doing it that way is that you only have a quarter of the amount you were willing to risk riding on it. Thats why I look at every timeframe, larger and smaller to judge the best place for putting the trade in. That way I have a higher chance of getting it right first time and then if I have a pullback I am still in profit and the smaller timeframe will guide...
absolutely right - and there is te straw that killed the trading system
  • #6,965
  • Aug 19, 2015 2:52am Aug 19, 2015 2:52am
Quoting griffinssoul
{quote} thnx SK i thought i was over doing it a bit.... [] {image}

*snort* lol

I LUV your coloring book ! Did you do that all by yourself ???
  • #6,966
  • Aug 19, 2015 2:53am Aug 19, 2015 2:53am
Good morning L&all,

GA Divergence at YH double top and RN .14.
Best regards, Zef
  • #6,967
  • Aug 19, 2015 2:57am Aug 19, 2015 2:57am
Quoting sknight1
{quote} *snort* lol I LUV your coloring book ! Did you do that all by yourself ???
...dont laugh... i am waiting for a signal....
  • #6,968
  • Aug 19, 2015 2:59am Aug 19, 2015 2:59am
Quoting griffinssoul
{quote} ...dont laugh... i am waiting for a signal....

Let me know when you get one.
  • #6,969
  • Aug 19, 2015 3:43am Aug 19, 2015 3:43am
Quoting sknight1
{quote} WTF ? There's a lot of $hit on that chart....!

  • #6,970
  • Aug 19, 2015 3:45am Aug 19, 2015 3:45am
Dear likica

Were you waiting for a short due to the PA and open the trade when the price broke the DOL?

Thank you!

Quoting likica
one of my normal and safe pipping trade (playing breakout again) {image}
  • #6,971
  • Aug 19, 2015 5:20am Aug 19, 2015 5:20am
Quoting Arso
Dear likica Were you waiting for a short due to the PA and open the trade when the price broke the DOL? Thank you! {quote}
DOL had been broken earlier, I was waiting for price to break my trendline when I saw those tiny green apbs while TDI turning down
Appreciation is the key to wealth and happiness
  • #6,972
  • Aug 19, 2015 5:22am Aug 19, 2015 5:22am
things look confusing right now where GU up and EU down. Hope GJ GCAD shooting up from choppiness
Appreciation is the key to wealth and happiness
  • #6,973
  • Aug 19, 2015 5:26am Aug 19, 2015 5:26am
Quoting likica
things look confusing right now where GU up and EU down. Hope GJ GCAD shooting up from choppiness
heads up - USD CPI m/m - could get a shakey
  • #6,974
  • Aug 19, 2015 5:32am Aug 19, 2015 5:32am
Quoting Arso
Dear likica Were you waiting for a short due to the PA and open the trade when the price broke the DOL? Thank you! {quote}
hey Arso - wat you see there is one of the best LTF traders execute a classic harmonic ABCD breakout trades to perfection ... it is not just one or two things - everything came together for a perfect TMS M30 trade - precisely a M30 bounce trade locally as part of a ABCD PA move - TL break short confirmed by candle close just below W1 supp below 200ema, below DOL, etc ... you have witnessed a master at work
  • #6,975
  • Aug 19, 2015 5:41am Aug 19, 2015 5:41am
found hidden div in majors during LO, didn't know how to get in EA GA
Attached Image (click to enlarge)
Click to Enlarge Name: 19.8.15 EU M30 off 200ma hd short@6.18pm aedt, exited @ dol, +30.png Size: 76 KB
Appreciation is the key to wealth and happiness
  • #6,976
  • Aug 19, 2015 5:47am Aug 19, 2015 5:47am
Quoting griffinssoul
{quote} hey Arso - wat you see there is one of the best LTF traders execute a classic harmonic ABCD breakout trades to perfection ... it is not just one or two things - everything came together for a perfect TMS M30 trade - precisely a M30 bounce trade locally as part of a ABCD PA move - TL break short confirmed by candle close just below W1 supp below 200ema, below DOL, etc ... you have witnessed a master at work
hihihi...what a master of TA, GS. I happened to jump in a gold hole. Thanks for the info, in fact they are all in one basketand if I were saying out loud, nooobs got dizzy
Appreciation is the key to wealth and happiness
  • #6,977
  • Aug 19, 2015 6:08am Aug 19, 2015 6:08am
Quoting griffinssoul
{quote} heads up - USD CPI m/m - could get a shakey
Yeah...GJ H4 looks deadly sleepy, can't wait to see a B/O
This could be the reason why GJ s sleeping....."Tentative JPY Monetary Policy Statement"
Appreciation is the key to wealth and happiness
  • #6,978
  • Aug 19, 2015 6:14am Aug 19, 2015 6:14am
Quoting likica
{quote} Yeah...GJ H4 looks deadly sleepy, can't wait to see a B/O
all quiet - every1 is enjoying lunch and a nice cup of coffee - freshly ground coffee beans piping hot from the coffee machine
  • #6,979
  • Aug 19, 2015 7:20am Aug 19, 2015 7:20am
GM guys slept like 3.5 hours too exciting to sleep now.
closed my 4 shorts on GU at 5657

News could be bad on USD
+75 pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 46 KB
In trading, you have to be defensive and aggressive at the same time
  • #6,980
  • Edited 7:40am Aug 19, 2015 7:27am | Edited 7:40am
AU is overachieving She is on my radar.
AC just hit 96 shorting this from 9650 is extremely high probability trade.(note always confirm with TDI and PA)
AC has been ranging since beginning of the year.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADDaily.png Size: 57 KB
In trading, you have to be defensive and aggressive at the same time
15 traders viewing now