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TMS for M30 charts

  • #8,101
  • Sep 18, 2015 7:39am Sep 18, 2015 7:39am
Hi everyone,

Great thread. I have tried to see if I can find the reasoning somewhere in this thread but no luck.....is there any reason why pips are reported by totaling all the entries vs. the average price in and average price out? I personally think that gives a better indication of what was really made on the trade. I.E. you could enter 3 lots on one entry and make 100 pips and enter 20 lots on another entry and make 10 pips claiming 110 pips when the reality is the average true pips made per lot is 22.

Again, just curious. Thank you.
  • #8,102
  • Sep 18, 2015 7:50am Sep 18, 2015 7:50am
Quoting griffinssoul
{quote} ... i sure like pulling the trigger ... ... i just leave a stack of limits @ the end of wat i see to be the C-D leg - but the end leg must be @ strong supp&res - like D says & the pair must be low ADR/slow/rangy the fundie helps to slam into your tickets and pick them up - major problem is you cant find your risk until the trade is hit - you must have way more winners then losers ... still work'n in it good fun to play around with - but i have not seen anyting that comes close to TMS+PA[for me]
Hi Griffin
Wow you are hammering red iron.Interesting that you actually pick up things I write and most often it appears it goes unnoticed.
You can combine TMS30 with multiple entries.That's what I do on most accusations otherwise no point for me to be here on this thread.
S/R TDI+PA=multiple entries targeting greater distance of say GN. If you hummer EG 10x at 30pip distance its 300pips.GN does that a lot of times on single trade.Difficulty with GN it requires very precision entry otherwise you'll get stopped out however on turtle pair like EG you can wake up next day and price could be on same 7335 level.So to me that's low risk high profit situation.
Anyway you are very talented to pick up great insights from others.That takes observation.When I recently told a noob say less and observe more it flew over his head..and missed the meaning.
Anyway great Job.
In trading, you have to be defensive and aggressive at the same time
  • #8,103
  • Sep 18, 2015 7:55am Sep 18, 2015 7:55am
Quoting SunSaltwater
Hi everyone, Great thread. I have tried to see if I can find the reasoning somewhere in this thread but no luck.....is there any reason why pips are reported by totaling all the entries vs. the average price in and average price out? I personally think that gives a better indication of what was really made on the trade. I.E. you could enter 3 lots on one entry and make 100 pips and enter 20 lots on another entry and make 10 pips claiming 110 pips when the reality is the average true pips made per lot is 22. Again, just curious. Thank you.
Hi SSW
Pip counting is fun way to keep things exciting.In reality I measure my gains in % and often post my results.That's the only measure % of equity and all the rest of piping is just making you and other believe that IT CAN BE DONE
regards
In trading, you have to be defensive and aggressive at the same time
  • #8,104
  • Sep 18, 2015 8:05am Sep 18, 2015 8:05am
Quoting Davit
{quote} Hi SSW Pip counting is fun way to keep things exciting.In reality I measure my gains in % and often post my results.That's the only measure % of equity and all the rest of piping is just making you and other believe that IT CAN BE DONE regards
Thank you for your reply. I know it can be done, I do it....never doubted you guys or that you are all making pips / percentage increases on your accounts / gains. Percentage gains are good; however, looking at the average pips made on a trade is, in my humble opinion, the best way to see what someone has really done on the trade. Some people with tiny accounts may go for massive percentage gains, using lots of leverage and high risk to grow their account quickly, others with large accounts may use zero margin and risk .5% per trade so looking at things from a percentage gain stand-point can sometimes be skewed as well. Average pips based on all entries in and out on a trade is the most accurate in my humble opinion.

Carry on and good luck everyone.
  • #8,105
  • Sep 18, 2015 8:06am Sep 18, 2015 8:06am
Quoting likica
{quote} Awcharts, Don't get distracted into that square traps thing..... I don't think it will help you to get a better PA view...
Agree people putting idies showing swing tops is another annoying unnecessary clutter.Does really one need an indicator to see swing top?
In trading, you have to be defensive and aggressive at the same time
  • #8,106
  • Sep 18, 2015 8:11am Sep 18, 2015 8:11am
Quoting likica
{quote} nice greenies. It is reaching support...
I started Buying... but a bit late. see where it goes.
Positive anything is better than negative thinking.- Elbert Hubbard
  • #8,107
  • Sep 18, 2015 8:12am Sep 18, 2015 8:12am
Quoting SunSaltwater
{quote} Thank you for your reply. I know it can be done, I do it....never doubted you guys or that you are all making pips / percentage increases on your accounts / gains. Percentage gains are good; however, looking at the average pips made on a trade is, in my humble opinion, the best way to see what someone has really done on the trade. Some people with tiny accounts may go for massive percentage gains, using lots of leverage and high risk to grow their account quickly, others with large accounts may use zero margin and risk .5% per trade so looking...
Does it really matter how one measure it? GS hummers ton of trades with success.In most basic terms he went A to B covering a distance.The distance is recorded. Now how he presents it does not matter what matters is he successfully went from point A to B
Isn't that what trading is?Making profit from a volatility? The X profit amount is irrelevant
To me challenge in trading is developing bag of skills
Once that is achieved one can build equity very fast and efficiently.
In trading, you have to be defensive and aggressive at the same time
  • #8,108
  • Sep 18, 2015 8:23am Sep 18, 2015 8:23am
Quoting Davit
{quote} Does it really matter how one measure it? GS hummers ton of trades with success.In most basic terms he went A to B covering a distance.The distance is recorded. Now how he presents it does not matter what matters is he successfully went from point A to B Isn't that what trading is?Making profit from a volatility? The X profit amount is irrelevant To me challenge in trading is developing bag of skills Once that is achieved one can build equity very fast and efficiently.
It doesn't matter at all, was just curious why this approach was adopted on this thread. My only concern would be a rookie coming in here and seeing 100's of pips on almost every trade and being completely confused or wowed when the reality is the average pips per lot could have been 15 on a post showing 205 pips made.

Obviously everyone is free to post how they choose so carry on.
  • #8,109
  • Sep 18, 2015 8:28am Sep 18, 2015 8:28am
Quoting SunSaltwater
{quote} It doesn't matter at all, was just curious why this approach was adopted on this thread. My only concern would be a rookie coming in here and seeing 100's of pips on almost every trade and being completely confused or wowed when the reality is the average pips per lot could have been 15 on a post showing 205 pips made. Obviously everyone is free to post how they choose so carry on.
You are still missing the point. Those trade lines are actual trades covering a distance.Pip whatever it may be is irrelevant.If a new trader has brains he/she would recognize the trade not how much pip average those lines represent.Its given that majority will fail in trading and nature has a way of eliminating people who are not meant to do this.If a noob can't see the value of the trade then its his/her loss.
Example of my recent closed trades and frankly does not matter to forum members how much I made on this batch of trades.What is value to me is distance.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM1.png Size: 32 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,110
  • Sep 18, 2015 10:06am Sep 18, 2015 10:06am
Quoting Davit
{quote} You are still missing the point. Those trade lines are actual trades covering a distance.Pip whatever it may be is irrelevant.If a new trader has brains he/she would recognize the trade not how much pip average those lines represent.Its given that majority will fail in trading and nature has a way of eliminating people who are not meant to do this.If a noob can't see the value of the trade then its his/her loss. Example of my recent closed trades and frankly does not matter to forum members how much I made on this batch of trades.What is...
agreed Davit. We share our experience as we thought others might get something to learn from the way we trade, don't think our pips have any benefit to others...
my GCAD m5 scalps, not sure if benefits anyone, or just me learnt to avoid trade into 200MA on all TFs...
Attached Image (click to enlarge)
Click to Enlarge Name: 18.9.15 GCAD M5 DIV trades (should ve waited for m30 confirmation)+++.png Size: 65 KB
Appreciation is the key to wealth and happiness
  • #8,111
  • Sep 18, 2015 10:12am Sep 18, 2015 10:12am
GBPUSD-H1..Got this OB
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-09-18_22-58-03GBPUSD-H1.png Size: 34 KB
Sad i'm not trying to understand PA
  • #8,112
  • Sep 18, 2015 11:12am Sep 18, 2015 11:12am
Quoting Davit
{quote} You are still missing the point. Those trade lines are actual trades covering a distance.Pip whatever it may be is irrelevant.If a new trader has brains he/she would recognize the trade not how much pip average those lines represent.Its given that majority will fail in trading and nature has a way of eliminating people who are not meant to do this.If a noob can't see the value of the trade then its his/her loss. Example of my recent closed trades and frankly does not matter to forum members how much I made on this batch of trades.What is...
Gents, I appreciate your points, not trying to create a situation here, believe me, I can see how valuable this thread is to many. My point is it's fine to see the entry and exit points on your chart; however, with no knowledge of lot sizes (and I don't think anyone should provide this information as it is personal) then seeing the entries can be misleading because as stated previously the first entry could be for 20 lots, then the last, and best entry up top could be for 1 lot, so no one has a clue really where you true average entry would be.

See chart below. If your first entry for much bigger size is down lower then that tiny size at the top is insignificant to the overall trade and shows that the trade went significantly against you before you profited because the main entry was lower. Knowing the average price entered would show a true 'entry' because it would average out position sizing. Most software does this automatically for you.

No need to reply to this post, just food for thought.
Attached Image (click to enlarge)
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  • #8,113
  • Sep 18, 2015 11:41am Sep 18, 2015 11:41am
I generally like to inform myself on fundamentals and proceed from there.
Feds meeting was way more Dovish then I anticipated.My outlook will be sell the USD on rallies specially like to buy Cad against USD since I believe oil will gain possibly 50+in coming months.
This is just my overall view. Can UC drop to 1.30-1.29? absolutely or can range 1.31-32+but will cap out around 3280 for weeks providing plenty of range trading.
In trading, you have to be defensive and aggressive at the same time
  • #8,114
  • Sep 18, 2015 11:59am Sep 18, 2015 11:59am
aud and nz was dominate/ beat all pair but i thing next week we might seen oposite ..what you say
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ausd ptz.PNG Size: 156 KB
Click to Enlarge Name: nzus ptz.PNG Size: 161 KB
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Click to Enlarge Name: gbaud.png Size: 16 KB
Click to Enlarge Name: gbnz.png Size: 16 KB
Say something meaningful or Silence!!
  • #8,115
  • Sep 18, 2015 12:03pm Sep 18, 2015 12:03pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu aud.png Size: 37 KB
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Click to Enlarge Name: gunz.png Size: 37 KB
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Click to Enlarge Name: set up live.png Size: 31 KB
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Click to Enlarge Name: gusd fun.png Size: 34 KB
Say something meaningful or Silence!!
  • #8,116
  • Sep 18, 2015 12:26pm Sep 18, 2015 12:26pm
wow ..how TMS works..though this is not my trading time.....FF liquidity 18% ..i know high percentage high perticipatin..high volatility....it is really i cant understand any tips /idea what it is really mean
Attached Image (click to enlarge)
Click to Enlarge Name: testing time.PNG Size: 203 KB
Say something meaningful or Silence!!
  • #8,117
  • Sep 18, 2015 2:18pm Sep 18, 2015 2:18pm
Quoting classy
wow ..how TMS works..though this is not my trading time.....FF liquidity 18% ..i know high percentage high perticipatin..high volatility....it is really i cant understand any tips /idea what it is really mean {image}
very nice trades Classy.I am impressed!keep it up
In trading, you have to be defensive and aggressive at the same time
  • #8,118
  • Sep 18, 2015 9:08pm Sep 18, 2015 9:08pm
Quoting Davit
{quote} very nice trades Classy.I am impressed!keep it up
many thanks davit..i like your temp..you arrange it superbly....
Say something meaningful or Silence!!
  • #8,119
  • Sep 18, 2015 9:33pm Sep 18, 2015 9:33pm
Quoting omonisha
GBPUSD-H1..Got this OB {image}
Another great entry and setup with TMS , amazing trade OS
I Have Learned to Take Some Losses to Make Profits
  • #8,120
  • Sep 18, 2015 10:53pm Sep 18, 2015 10:53pm
Going over the pairs one really sticks out as A type trade
GC is at double top strong previous R
Watch wait TDI signal then make your trade.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM30.png Size: 46 KB
In trading, you have to be defensive and aggressive at the same time
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