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TMS for M30 charts

  • #8,441
  • Sep 25, 2015 11:08am Sep 25, 2015 11:08am
Quoting awcharts
I no longer do stop losses. I often find myself getting stopped out then PA goes in the direction of my trade which is frustrating. additional practice is needed so I can have precise entries like you and others. Need your mad skills.
remember the SNB black swan event? i had a 200$ account which closed in negative balance on a .01 lot trade. I didn't keep an SL, coz i thought it's just a micro lot trade.. How bad it can go, right?
  • #8,442
  • Sep 25, 2015 11:27am Sep 25, 2015 11:27am
Quoting bluejack
{quote} remember the SNB black swan event? i had a 200$ account which closed in negative balance on a .01 lot trade. I didn't keep an SL, coz i thought it's just a micro lot trade.. How bad it can go, right?
been there, believe me.
but I look at my positions every 10 minutes; when I am not sleeping that is.
  • #8,443
  • Sep 25, 2015 11:28am Sep 25, 2015 11:28am
Quoting shay14
{quote} won't you get more false signals with this though?
No it just make trading 30min more dynamic for me.If you are trading 30min chart reducing 6.5hr data to 4hr data is not significant to create false entries
for that PA rules.
A technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. It is calculated using the following formula:
RSI = 100 - 100/(1 + RS*)

My MA signal is 5 from 7 again same idea. Test both default and mine and see what you like.Reason I posted the info because I want people to be aware that its not default..
In trading, you have to be defensive and aggressive at the same time
  • #8,444
  • Sep 25, 2015 1:53pm Sep 25, 2015 1:53pm
Got 3 shorts on EG from previous R.
Going to carry these to next week.Like to hold to 7310-7280
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 35 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,445
  • Sep 25, 2015 3:54pm Sep 25, 2015 3:54pm
Quoting awcharts
{quote} been there, believe me. but I look at my positions every 10 minutes; when I am not sleeping that is.
Why not put a very large stop loss on your account say 500 pips so that you have at least something there instead of no protection. Granted you'll get a lot of slippage anyway if something like 11th Jan happened again but at least you would have something in there. Checking your chart every 10 minutes, price had moved 4000 pips by then.
  • #8,446
  • Sep 25, 2015 4:19pm Sep 25, 2015 4:19pm
Quoting lastingwell
{quote}Why not put a very large stop loss on your account say 500 pips so that you have at least something there instead of no protection. Granted you'll get a lot of slippage anyway if something like 11th Jan happened again but at least you would have something in there. Checking your chart every 10 minutes, price had moved 4000 pips by then.
good point.
  • #8,447
  • Sep 25, 2015 7:55pm Sep 25, 2015 7:55pm
Quoting Davit
GM guys Just wanted to post that some of you are using my template. Just be aware that my settings are faster and it may not be suitable for you.You can open TDI and press default settings if desired the reset button. From my previous experience with RSI I found RSI 7-8 most productive on daily and lower. 7 corresponds to 1 week of data on daily and that's perfect knowing what price is doing.13 is standard on lot of oscillators but it covers 2 weeks of data...and 6.5hrs on TMS30 little overkill and little too laggy when trading 30min... Anyway thought...
youre doing great so il test this out

wish this tdi rt clone had an alert though
  • #8,448
  • Sep 25, 2015 8:16pm Sep 25, 2015 8:16pm
Friday last two trades.
UJ 36 pips
another EG trade, two positions (one at a minor lost because I just wanted to close out my positions). 41 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EG 41.PNG Size: 61 KB
Click to Enlarge Name: UJ 36.PNG Size: 58 KB
  • #8,449
  • Sep 26, 2015 3:35am Sep 26, 2015 3:35am
Quoting awcharts
Friday last two trades. UJ 36 pips another EG trade, two positions (one at a minor lost because I just wanted to close out my positions). 41 pips. {image} {image}
Good piping Awcharts. Just wondering how you defined your entries as they seem a bit too late? ( I know it delivered greenies at the end). For me, I it works best when I use APB and enter on 1st or 2nd APB @S/R with TDI of course.
Appreciation is the key to wealth and happiness
  • #8,450
  • Sep 26, 2015 12:52pm Sep 26, 2015 12:52pm
Quoting awcharts
Friday last two trades. UJ 36 pips another EG trade, two positions (one at a minor lost because I just wanted to close out my positions). 41 pips. {image} {image}
Hi Likica,

Take the EG as an example. I have a few reasons:
-Mainly, it was about to approach waddah hidden level
-I have a software (a table that shows all of the pairs) that shows the daily average range as well as weekly average range and reflects how far it has traveled that day and that week. EG was maxed out on both daily and weekly so there is a good chance it was coming back down.
-longer pink line of bearish hidden divergence
-shorter pink line of bearish divergence
Also, I had a very good week so I was more aggressive as well.
Attached Image (click to enlarge)
Click to Enlarge Name: why.PNG Size: 71 KB
  • #8,451
  • Edited 8:12pm Sep 26, 2015 1:10pm | Edited 8:12pm
I have 5 short positions on UC. going to short more on Sunday. I believe price should be coming down.
Attached Image (click to enlarge)
Click to Enlarge Name: UC new.PNG Size: 87 KB
  • #8,452
  • Sep 27, 2015 4:21pm Sep 27, 2015 4:21pm
Hello, just an idea for AUD/USD: seems like we are at the end of wave 4 and if the triangle breaks to the downside we retest the previous low - suitable to hold short term and also mid and long term as its in line with the major trend = for case the support is broken.

Any contrary ideas welcomed
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 20 KB
  • #8,453
  • Sep 27, 2015 5:02pm Sep 27, 2015 5:02pm
Quoting chester123
Hello, just an idea for AUD/USD: seems like we are at the end of wave 4 and if the triangle breaks to the downside we retest the previous low - suitable to hold short term and also mid and long term as its in line with the major trend = for case the support is broken. Any contrary ideas welcomed {image}
Hi CH
AU is in tight range.Last highest volume was bull candle suggesting greater in interest on bull side.Notice very small volume on bear candles
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM30.png Size: 50 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,454
  • Sep 27, 2015 5:03pm Sep 27, 2015 5:03pm
AC
chart should be clear
vertical green line is previous day open. Within that day highest volume indicating key S/R zones.Footprints what MM's are doing
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM30.png Size: 54 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,455
  • Sep 27, 2015 5:09pm Sep 27, 2015 5:09pm
EG
7380-74 still providing Key R proven with highest volume.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM30.png Size: 51 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,456
  • Sep 27, 2015 5:14pm Sep 27, 2015 5:14pm
Actually Davit, once u said Its better to go for less indis than more. Im sure hunders people have already asked you but can u just help me to set your TDI-RT-clone? I downloaded the last file where u posted the indi but this is what i get :/
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 36 KB
  • #8,457
  • Sep 27, 2015 5:27pm Sep 27, 2015 5:27pm
Quoting chester123
Actually Davit, once u said Its better to go for less indis than more. Im sure hunders people have already asked you but can u just help me to set your TDI-RT-clone? I downloaded the last file where u posted the indi but this is what i get :/ {image}
Just use the default
My set up is faster and may not be suitable for you but uploading my set up anyway since you asked.Agree on indicators.Volume is something I privately have been monitoring anyway and I can easily stop posting charts without.
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #8,458
  • Sep 27, 2015 5:41pm Sep 27, 2015 5:41pm
Quoting Davit
{quote} Just use the default My set up is faster and may not be suitable for you but uploading my set up anyway since you asked.Agree on indicators.Volume is something I privately have been monitoring anyway and I can easily stop posting charts without. {image}
Awesome, thanks for the patience
  • #8,459
  • Sep 27, 2015 9:06pm Sep 27, 2015 9:06pm
Closed my EG shorts.It was worth holding over the weekend
+75pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM30.png Size: 36 KB
In trading, you have to be defensive and aggressive at the same time
  • #8,460
  • Sep 28, 2015 12:50am Sep 28, 2015 12:50am
Quoting Davit
Closed my EG shorts.It was worth holding over the weekend +75pips {image}
Nice spotting and good management, Davit.
Hope those coming speeches will move market on Monday for us to trade...
Have a green week to all of us!
Appreciation is the key to wealth and happiness
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