TMS for M30 charts | Page 389 | 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

  • #7,761
  • Sep 10, 2015 8:02am Sep 10, 2015 8:02am
Quoting OuterWest
UC? is that UsdChf?
UCad
  • #7,762
  • Sep 10, 2015 8:02am Sep 10, 2015 8:02am
Quoting griffinssoul
{quote} hey classy - i have two main indis @ the moment - the Angelator of course ... latest version here http://www.forexfactory.com/showthread.php?t=518993 ...the other is the M30 ADR which i am still working on [still has bugs and i would like to expand a bit] Grid10 [BRN/RN indi] and Xi-AsianSession are just standard [old] and in the paperclip
ok no problem.i will wait for bugs free m30 adr ..it looking intersting...
Say something meaningful or Silence!!
  • #7,763
  • Sep 10, 2015 8:03am Sep 10, 2015 8:03am
Guys just want to share this and its the heart of trading in my view.

Most trading books always say "trend is your friend" follow trend and all that usual platitudes.
What they are not saying that trending trends requires larger accounts and 15-30% DD when trend goes into a correction.
Well lets say you are long on UC going with the trend at 3250 and price drops to 30.75.WEll do you exit with good size loss or stay in it "trading the trend" but lets say price drops to 1.29 are you still in it? drops another 100pips to 1.28
Now you are in panic is the trend reversing and you are stuck at the top or into a deep correction and now you are at 30% dd at breaking point.
You see they never tell you this reality! So RANGE is where the money is if you are typical retail trader and not a bank or hedge fund.
Trend traders scare shit from the word RANGE but seriously 70-80% of forex is in range and this can be backed up with solid statistics.

I have made over 50% equity last month trading RANGE
In trading, you have to be defensive and aggressive at the same time
  • #7,764
  • Sep 10, 2015 8:05am Sep 10, 2015 8:05am
gbpjpy short, valid?

https://www.mql5.com/en/charts/39259...ading-point-of
  • #7,765
  • Sep 10, 2015 8:14am Sep 10, 2015 8:14am
Quoting shay14
gbpjpy short, valid? https://www.mql5.com/en/charts/39259...ading-point-of
Hope you already bagged +50pips at least from that short Shay
Appreciation is the key to wealth and happiness
  • #7,766
  • Sep 10, 2015 8:17am Sep 10, 2015 8:17am
Not hijacking TMS method but sharing my thought process behind my trades.Look at H4 UC do you see how many times it went up and down?That's golden Egg goose range
I took just about every swing down.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 40 KB
In trading, you have to be defensive and aggressive at the same time
  • #7,767
  • Sep 10, 2015 8:19am Sep 10, 2015 8:19am
these are related
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 10.9.15 Oil m15 HD short@7.55pm aedt+50.png Size: 81 KB
Click to Enlarge Name: 10.9.15 ECAD M30 HD +60 (reached 100p if stayed in).png Size: 71 KB
Appreciation is the key to wealth and happiness
  • #7,768
  • Sep 10, 2015 8:20am Sep 10, 2015 8:20am
Quoting Davit
{quote} Got 7 shorts on UC now.We may get huge dump before the Feds.You know bulls jumping ship risk aversion before the Feds
Hi Davit, too risky to short UC still?
  • #7,769
  • Sep 10, 2015 8:22am Sep 10, 2015 8:22am
Quoting duderoo1
{quote} Hi Davit, too risky to short UC still?
You can tell from my chart I am already short.Every trade carries risk by default.You can minimize risk by lowering your lot size.
In trading, you have to be defensive and aggressive at the same time
  • #7,770
  • Sep 10, 2015 8:24am Sep 10, 2015 8:24am
Quoting likica
these are related {image} {image}
Beautiful
In trading, you have to be defensive and aggressive at the same time
  • #7,771
  • Sep 10, 2015 8:24am Sep 10, 2015 8:24am
Quoting likica
these are related {image} {image}
gr8 trading buddy - EJ H4 is still looking angry long - no red HAs yet 4 me ... watching
  • #7,772
  • Sep 10, 2015 8:28am Sep 10, 2015 8:28am
GU poised to break 54 if she does all G pairs will fly exception of GJ perhaps.Yen is holding on strong
In trading, you have to be defensive and aggressive at the same time
  • #7,773
  • Sep 10, 2015 8:48am Sep 10, 2015 8:48am
Quoting griffinssoul
{quote} gr8 trading buddy - EJ H4 is still looking angry long - no red HAs yet 4 me ... watching
Thank Davit and GS.
EJ just under H4 200ma ,good place to short when PA ready...
Appreciation is the key to wealth and happiness
  • #7,774
  • Sep 10, 2015 8:49am Sep 10, 2015 8:49am
AU H1 looks interesting...
Appreciation is the key to wealth and happiness
  • #7,775
  • Sep 10, 2015 8:52am Sep 10, 2015 8:52am
GCAD looking nice to short from hr4 tf and 15 min tf all with diver what u think guys also we on res zone
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #7,776
  • Sep 10, 2015 8:53am Sep 10, 2015 8:53am
Quoting likica
AU H1 looks interesting...
Agree there is a cross developing on top of good number of rejected bull candles.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 31 KB
Click to Enlarge Name: AUDUSDM30.png Size: 31 KB
In trading, you have to be defensive and aggressive at the same time
  • #7,777
  • Sep 10, 2015 8:56am Sep 10, 2015 8:56am
Quoting likica
AU H1 looks interesting...
...ummm... i c a mess <- GCad locally corr to this ....
  • #7,778
  • Sep 10, 2015 8:56am Sep 10, 2015 8:56am
Quoting Almo2312
GCAD looking nice to short from hr4 tf and 15 min tf all with diver what u think guys also we on res zone {image}
has very good potential. rejected candles at 4040-50
Oil is having support at 4420
My overview of oil is it will appreciate more with colder weather coming.Means all CAD pairs gaining
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #7,779
  • Sep 10, 2015 8:56am Sep 10, 2015 8:56am
Quoting likica
{quote} Hope you already bagged +50pips at least from that short Shay
-32 now
  • #7,780
  • Sep 10, 2015 9:01am Sep 10, 2015 9:01am
Quoting shay14
{quote} -32 now
LK would have traded the pinnie [Kangaroo-tale for some ] - it bounced off H4 supp so far
18 traders viewing now