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TMS for M30 charts

  • #7,341
  • Aug 28, 2015 1:16pm Aug 28, 2015 1:16pm
Quoting lastingwell
{quote}Where did you go in, I can see where you mention divergence but not where you finally took the trade.
Hi Lastingwell,

My profit target was around 1.13040 area. that's where the 200 EMA was at. PA came close but I got stopped out later.

I need to re think my whole strategy here. I cant trade London hours. Best time for me is Asian hours since I live on the west coast. Realistically, I can only be in front of my home computer between 5pm PST to 9pm PST or 5 am to 6 am PST. I think I will seriously take a look at the 30 min charts. I was looking at 1h since that's what Big E talked about. I know he liked 4h but I cant get up in the middle of the night like he did. So, I will try trading 30 min charts during Asian hours and lower my profit target to 30 pips or so.
  • #7,342
  • Aug 28, 2015 1:37pm Aug 28, 2015 1:37pm
Quoting awcharts
{quote} Hi Lastingwell, My profit target was around 1.13040 area. that's where the 200 EMA was at. PA came close but I got stopped out later. I need to re think my whole strategy here. I cant trade London hours. Best time for me is Asian hours since I live on the west coast. Realistically, I can only be in front of my home computer between 5pm PST to 9pm PST or 5 am to 6 am PST. I think I will seriously take a look at the 30 min charts. I was looking at 1h since that's what Big E talked about. I know he liked 4h but I cant get up in the middle of...
Have a look at pairs which more in the Asia market!
EU is mainly EU and U.S. markets!
  • #7,343
  • Aug 28, 2015 1:45pm Aug 28, 2015 1:45pm
Quoting josh11
{quote} Have a look at pairs which more in the Asia market! EU is mainly EU and U.S. markets!
Exactly right, look at EA AU EJ etc they very often start their moves during Asia.
  • #7,344
  • Aug 28, 2015 1:57pm Aug 28, 2015 1:57pm
Quoting lastingwell
{quote}Exactly right, look at EA AU EJ etc they very often start their moves during Asia.
Will do. Thank you both.
  • #7,345
  • Aug 28, 2015 11:44pm Aug 28, 2015 11:44pm
Quoting lastingwell
Some trades I've taken this week. {image} {image}
There you go another great charts to be saved in my TMS folder, well done on great results , hope to see you more and often at TMS
I Have Learned to Take Some Losses to Make Profits
  • #7,346
  • Aug 29, 2015 6:48am Aug 29, 2015 6:48am
GM guys Sat 7.41AM here in Boston
Quiet morning outside.I generally like to go over pairs and single out potential trade opportunists so I know what to focus on
Majors look good
GU EU NU AU all look good for longs specially like NU and GU

GU
Price is at support and should this fail next R is at 52. I believe after serious drop from 58 over 450 pips she has good potential for correction.
GU has been in roughly 500pip range since July.
Price is consolidating to break up.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 49 KB
Click to Enlarge Name: GBPUSDH1.png Size: 40 KB
In trading, you have to be defensive and aggressive at the same time
  • #7,347
  • Aug 29, 2015 6:54am Aug 29, 2015 6:54am
NU
6440 is continuing to provide strong support.Recent dairy prices was lot better and I think she has potential to test 66 in coming weeks.
Feds can change the landscape dramatically mid Sept but my approach has been get in get out 50pips and for that it sometimes takes 2-4hrs.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30.png Size: 48 KB
In trading, you have to be defensive and aggressive at the same time
  • #7,348
  • Aug 29, 2015 6:59am Aug 29, 2015 6:59am
USD/CHF
Price failed to break 618 key harmonic number.I am interested on short side.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFDaily.png Size: 44 KB
In trading, you have to be defensive and aggressive at the same time
  • #7,349
  • Aug 29, 2015 7:21am Aug 29, 2015 7:21am
My favorite key money making pair for me UC
When discussing Canadian dollar its critical to assess where crude oil is.
Crude bounced up from 38 to 45 and that's substantial bounce.OIl is still oversupplied in the market and unless something fundamentally change like OPEC cut of production oil will continue decline.Sadly oil is creating serious issues countries like Valenzuela Nigeria,Canada,Russia and US
In case of Valenzuela their currency dropped to 6k284 Bolivar to 1 US dollar 62% inflation
Basically you need a wheelbarrow to buy a milk..Sad so cheap oil has serious consequences.
Great article to read on oil.

Ok going back to UC.1.32 is continuing to provide support and I anticipate oil dropping back to 40-42 which will push UC to 33-3350
I have placed limits shorts on this area to hummer and most likely increase position once price gets there..
You may be wondering "if you anticipate price to get to 3350 then why not buy to 3350"
Good question.I believe UC is oversold even at 32 hence the X factor tells me SELL only.I don't buy at top and I don't sell at the bottom.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM30.png Size: 48 KB
In trading, you have to be defensive and aggressive at the same time
  • #7,350
  • Aug 29, 2015 7:39am Aug 29, 2015 7:39am
ECHF
Double bottom.Will look closely its behavior next week.Should Euro bounce against USD she will gain on CHF as well.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFH4.png Size: 43 KB
In trading, you have to be defensive and aggressive at the same time
  • #7,351
  • Aug 29, 2015 7:45am Aug 29, 2015 7:45am
Everyone is different.I prefer to focus on pairs that have good potential and after that I close all other pairs on my platform and stop looking.
To me focus is everything because all I need is 1 good set up to add multiple positions.
These are the pairs that I am interested next week
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #7,352
  • Edited 9:58am Aug 29, 2015 9:39am | Edited 9:58am
GU looking fantastic for next week with price action at support and RN, with my trusty 2 lagging indicators TDI and Stochs at oversold positions. I'll be looking to buy as soon as I get a hook.


Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 78 KB



GJ bounces off July support. Good situation here too with the Japanese government promising to buy everything forever. It is impossible not to follow the wheelbarrow in this situation.


Attached Image (click to enlarge)
Click to Enlarge Name: GJ.png Size: 51 KB


Have a great weekend all!
Best regards, Zef
  • #7,353
  • Aug 29, 2015 1:42pm Aug 29, 2015 1:42pm
Quoting lastingwell
{quote} Sorry Brath this is the one I'm using. {file}
Hy LA
This indicator very good.
I use H1 and H4 from m30 chart.
Can you code this indi email,and sound alert make?
THX
Find it The Best Entry Points
  • #7,354
  • Aug 29, 2015 11:48pm Aug 29, 2015 11:48pm
Quoting ZeF
GU looking fantastic for next week with price action at support and RN, with my trusty 2 lagging indicators TDI and Stochs at oversold positions. I'll be looking to buy as soon as I get a hook. {image} GJ bounces off July support. Good situation here too with the Japanese government promising to buy everything forever. It is impossible not to follow the wheelbarrow in this situation. {image} Have a great weekend all!
I am on this plan on GJ long for mondays , everyone , follow ur own plan
I Have Learned to Take Some Losses to Make Profits
  • #7,355
  • Edited 6:20am Aug 30, 2015 12:03am | Edited 6:20am
This is for next week.Hop on board
Inserted Video

MV Agusta 750
Closest thing to sex on wheels.Love to own one of this classics some day...
In trading, you have to be defensive and aggressive at the same time
  • #7,356
  • Aug 30, 2015 1:44pm Aug 30, 2015 1:44pm
Possible 35-50 pips for long on EA. Must wait for TDI confirmation.
-Inside bar
-Bullish Divergence
(but trend is down!)
Attached Image (click to enlarge)
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  • #7,357
  • Edited 3:57pm Aug 30, 2015 2:03pm | Edited 3:57pm
Lets see if PA moves down. Looking for 25 pips short on AU. Then, looking for long.
-Inside bar
-bearish divergence (hard to notice).
-H1 chart, TDI reacting to MBL.
-price reacted around .71699. This is the 200 day MA and 61% Fib level.
Attached Image (click to enlarge)
Click to Enlarge Name: AU.PNG Size: 102 KB
  • #7,358
  • Aug 30, 2015 4:35pm Aug 30, 2015 4:35pm
GA long
Attached Image (click to enlarge)
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  • #7,359
  • Aug 30, 2015 6:57pm Aug 30, 2015 6:57pm
I used the insert text label function and typed out a check list for myself and saved it in a tpl.
For some reason, this list disappeared. Is there a fix to this or do I have to write it out and tape it on my screen?
  • #7,360
  • Aug 30, 2015 7:28pm Aug 30, 2015 7:28pm
Quoting awcharts
GA long {image}
my M30 GA is facing 200EMA, expecting choppiness/retrace...EA looks more promising...
Appreciation is the key to wealth and happiness
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