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TMS for M30 charts

  • #8,581
  • Edited 1:50am Oct 1, 2015 1:36am | Edited 1:50am
Quoting longbk
{quote} hi likica, pls show us check list when trade reverse with divergence when the market look very bearish or very bullish
hi Long,
Normally when spotting divergence and M30 H1 TDI is safe which is 68<TDI>32 and@ S/R, you can enter any time seeing price making good progress toward the direction of your trade (such as if you intend to go long, price has to make higher high higher low, and vice versa for short), or safer to wait for confirmed candle to complete, however, I usually enter in the middle of it if I see PA is ready
In this GN case, price is facing DOL ( revisit so hope it will get thru) like it currently do. I entered with my aggressive style (spotting the apb made same low but created higher high, TDI turned up)
Look at closer view from my GN chart, I circled many pin bars, that sign was telling me bears running out...get ready for a reverse...but won't be until TDI up and not in oversold area...
Lots of thing to be considered if you follow my agrressive style, also dividing your entries into smaller lots help ...
If you are too worried about DOL, don't enter too close to it as it tend to retrace and kick you out then go up again, better to wait for it to go thru DOL and get in at retrace.
Updated: exited all @2.40am est when saw price could not make higher high
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 1.10.15 GN M30 DIV long@3.20pm aedt (in progress, partly bagged +50).png Size: 46 KB
Appreciation is the key to wealth and happiness
  • #8,582
  • Edited 1:58am Oct 1, 2015 1:41am | Edited 1:58am
Quoting Subrina_FX
Ga +186 +189 +186 +185 +187 {image} ea +263 {image} ec +254 +235 {image} gc +230 +239 +214 {image}
super trading ... ... wat TF are you actually trading in ?
  • #8,583
  • Oct 1, 2015 1:46am Oct 1, 2015 1:46am
Quote
I called the knight
But you're a bear
All black and brown
And covered in hair

From there to here
From here to there
All black and brown
And covered in hair. The Hold Steady

EU H4 update ... got the TL break ... wheres Moe
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  • #8,584
  • Oct 1, 2015 2:09am Oct 1, 2015 2:09am
Quoting Subrina_FX
Ga +186 +189 +186 +185 +187 {image} ea +263 {image} ec +254 +235 {image} gc +230 +239 +214 {image}
nice pipping specially GCAD ECAD. How did you know when to exit your trades? Thanks for sharing Subrina.
Appreciation is the key to wealth and happiness
  • #8,585
  • Oct 1, 2015 2:59am Oct 1, 2015 2:59am
Quoting Subrina_FX
Ga +186 +189 +186 +185 +187 {image} ea +263 {image} ec +254 +235 {image} gc +230 +239 +214 {image}
GA had a over -70pips drawdown - right ? on the first/few entries ? wat is your SL/PT and initial R:R? TDI was pointing up @ entry after DB why sell there.... help

Quoting likica
{quote} hi Long, Normally when spotting divergence and M30 H1 TDI is safe which is 68<TDI>32 and@ S/R, you can enter any time seeing price making good progress toward the direction of your trade (such as if you intend to go long, price has to make higher high higher low, and vice versa for short), or safer to wait for confirmed candle to complete, however, I usually enter in the middle of it if I see PA is ready In this GN case, price is facing DOL ( revisit so hope it will get thru) like it currently do. I entered with my aggressive style (spotting...
GN TL break - retest - watch'n 4 shakeout play

Quoting griffinssoul
{quote} ...looks like 5750 - confluent supp around there... {image}
thnx handsome - EA just touched 5750 - watch'n
  • #8,586
  • Oct 1, 2015 4:22am Oct 1, 2015 4:22am
GN M30 cross-break +50+50+50+50+50pips - this was a typical shake-out play [supp/res break-retest-continuation]
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  • #8,587
  • Oct 1, 2015 4:40am Oct 1, 2015 4:40am
EN M30 cross-break +50+50+50+50+50pips - in the shadow of that which must not be named do not underestimate the power of PA
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  • #8,588
  • Oct 1, 2015 4:49am Oct 1, 2015 4:49am
Quoting griffinssoul
EN M30 cross-break +50+50+50+50+50pips - in the shadow of that which must not be named do not underestimate the power of PA {image}
nice tradig buddy. yeah, too bearish for any divergence to work

Quoting griffinssoul
GN M30 cross-break +50+50+50+50+50pips - this was a typical shake-out play [supp/res break-retest-continuation] {image}
nice entry GS. just wondering why you did not get trapped into 1st red ABP near Asian session close?
mine was a mess but thanks market it came home safe
Attached Image (click to enlarge)
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Appreciation is the key to wealth and happiness
  • #8,589
  • Oct 1, 2015 5:02am Oct 1, 2015 5:02am
Quoting likica
{quote} nice tradig buddy. yeah, too bearish for any divergence to work
together with your TMS M30 rules its excellent but on its own its not so good
  • #8,590
  • Oct 1, 2015 5:09am Oct 1, 2015 5:09am
Quoting likica
{quote} nice tradig buddy. yeah, too bearish for any divergence to work {quote} nice entry GS. just wondering why you did not get trapped into 1st red ABP near Asian session close? mine was a mess but thanks market it came home safe {image}
wow...wow... amazing trades LK - looks like you have my disease .... the first red HA looked like a doji [spinning top for JCs] & was in limbo - the second close on the TL - these can then burst out long but strong - also @ that stage all other pairs i was watch'n didnt line up - so i waited - crouch'n in the jungle - waiting - watch'n
  • #8,591
  • Oct 1, 2015 6:06am Oct 1, 2015 6:06am
Quoting griffinssoul
{quote} super trading ... ... wat TF are you actually trading in ?

Thanks sknight1, griffinssoul, likica

I enter,trail, exit in M15,M30,H1,H4, but I get direction from D1,W1,M1

When D1,W1,M1 show me a clear reason and very high probability, I enter any reasonable retraces and hidden divergences , even if TDI has not been crossed yet.

In my humble opinion, when weekly candle forces the price down, doesn't matter TDI in lower time trames is crossed or not, Just short and you will be safe.

For example, when the price is going down , any uptrend gives a sell opportunity. So I only need to make sure losses not exceed the overall equity DD which I have set on 5% for total portfolio running on expert, and the expert also breakevens the price after 1 ATR movement and also SL is 1 ATR and TP is 2 ATR by default. But I change the SL and TP based on the Price Action and ratio. So any pullback or retrace just increase the 1:1 ratio.

So everything is safe and planned before entry, so I just enter and enjoy both profit and loss

I think, I need to start my journal thread rather than posting here, because I know, it makes confusion among traders who trade solely based on TMS 30 rules.

The reason I post here is that I trade divergences, TDI and levels like you and other traders and also this thread is one of the most friendly threads in FF ever. I will post more if only if I trade according to the TMS 30 rules.

You are all positive persons and really cool tarders, wish you full of pips with your amazing trades !
  • #8,592
  • Oct 1, 2015 6:14am Oct 1, 2015 6:14am
Quoting Subrina_FX
{quote} Thanks sknight1, griffinssoul, likica I enter,trail, exit in M15,M30,H1,H4, but I get direction from D1,W1,M1 When D1,W1,M1 show me a clear reason and very high probability, I enter any reasonable retraces and hidden divergences , even if TDI has not been crossed yet. In my humble opinion, when weekly candle forces the price down, doesn't matter TDI in lower time trames is crossed or not,...
hey Subrina_FX - your trades are amazing but i couldnt work out wat you were doing - many thnx for explaining this
  • #8,593
  • Oct 1, 2015 6:36am Oct 1, 2015 6:36am
AN +25
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Trade with 60
  • #8,594
  • Oct 1, 2015 6:44am Oct 1, 2015 6:44am
Quoting kumetto
AN +25 {image}
wat a gr8 trade - you have been studying LK's charts 4 sure - congrats buddy
  • #8,595
  • Oct 1, 2015 6:52am Oct 1, 2015 6:52am
Quoting griffinssoul
{quote} wat a gr8 trade - you have been studying LK's charts 4 sure - congrats buddy
Thank you
Yes I've learned a lot from this thread.I must say that this kind of trades and all of this suits me good
Trade with 60
  • #8,596
  • Edited 8:01am Oct 1, 2015 7:35am | Edited 8:01am
Quoting griffinssoul
{quote} hey Subrina_FX - your trades are amazing but i couldnt work out wat you were doing - many thnx for explaining this

Ok, I'm going to explain one pair in detail , so you will see why I cannot explain them all ! ( lots of info and multi timing if I'm going to explain them every single trade )


1) I start to have look at monthly candle and I see a massive 830 pips rejection 1 month ago after 8000 pips moving straight upward.

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2) I saw huge rejection shadow on weekly chart as well

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3) The I realize that, the strong TL has been broken almost two weeks ago, and nice strong 370 pips bearish pin bar was rejected from Trend Line , So I will look for bearish opportunities for next days.

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4) So I entered after the M30 bearish divergence two days ago

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5) Then I opened a short without any confirmation, it was last day and I expected for above reasons to have a bearish movement.
Then after 4 hours the strong bearish candle was closed below 61.8% Fibo Extension, then I added couple of position with a 100% Fibo extension target. ( * edited : because forgot to insert the last photo )

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  • #8,597
  • Oct 1, 2015 7:54am Oct 1, 2015 7:54am
Quoting Subrina_FX
{quote} Ok, I'm going to explain one pair in detail , so you will see why I cannot explain them all ! ( lots of info and multi timing if I'm going to explain them every single trade ) 1) I start to have look at monthly candle and I see a massive 830 pips rejection 1 month ago after 8000 pips moving straight upward. {image} 2) I saw huge rejection shadow on weekly chart as well {image} 3) The I realize that, the strong TL has been broken almost two weeks ago, and nice strong 370 pips bearish pin bar was rejected from Trend Line , So I will...
many thnx - i figured out wat your motives were on the D1/W1/MN [for GA] - after your first explanation - the div is were i have a problem - you are effectively guess'n the tops so div can not be defined there its certainly a post confirming signal ... nothing in it thou ... thnx so much for explaining ... mega pips to you buddy - you are very skilled trader
  • #8,598
  • Oct 1, 2015 7:56am Oct 1, 2015 7:56am
EN , set on break even , risk free

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  • #8,599
  • Oct 1, 2015 8:03am Oct 1, 2015 8:03am
Quoting Subrina_FX
EN , set on break even , risk free {image}
wat ratios are you using on your gartley?
  • #8,600
  • Oct 1, 2015 8:18am Oct 1, 2015 8:18am
Quoting griffinssoul
{quote} wat ratios are you using on your gartley?
If it works , it is going to be a nice beautiful flying butterfly up to pivot line, then it might be rejected again, because the bearish hidden divergence will be appeared ( all are true when it works , I'm not fan of harmonic patterns, but this one it was beautiful )

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