TMS for M30 charts | Page 451 | 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

  • #9,001
  • Oct 13, 2015 9:38am Oct 13, 2015 9:38am
Quoting Davit
{quote} Hi M If I am not mistaken he was building long positions not shorts.Lines on the charts are longs. He mentioned his SL to be roughly 50pips but that's for emergency.Often including me close trades before hitting SL regards
Hi Davit!
I'm pretty sure it was short positions since they closed on positive pips, you also post a lot of similar trades, like this and this posts of yours, where the short entry is while the price is still on a bull-ish candle or trend, before the short trend and/or TDI cross really happens, and often the price goes a bit against you before turn around, how does these kind entries work? I myself always wait for a clear setup candle with a good TDI cross.
btw checking your posts to find the trades I found your Crow print, it's amazing!
  • #9,002
  • Oct 13, 2015 9:47am Oct 13, 2015 9:47am
Quoting likica
{quote} nice green Awcharts. out of UCAD divergence short off S/R for +50 green each {image}
very nice. you are very good with these retrace. I am holing UC long for slightly longer term.
  • #9,003
  • Oct 13, 2015 9:51am Oct 13, 2015 9:51am
Quoting Davit
{quote} In my view best way to measure fibs is H4 D swing.Anything less is missing the big picture. Your fib is from minor swing.I like using zigzag indicator for this.Nice clear lines.Fundamentally if China data comes out negative it will crash Aussie wings.Most analysts predict to be negative. Regards
Impressive! Now i've placed pending orders on both sides (40 pips gap) and waiting for the CNY CPI & US PPI
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 14 KB
If you have poor psychology you will struggle
  • #9,004
  • Oct 13, 2015 10:07am Oct 13, 2015 10:07am
@davit mate ..ausd definely i am looking for drop but now i think she will bounce ..lil higher(to bluff) for drop nicely..let's see my eyes.... her....
Attached Image (click to enlarge)
Click to Enlarge Name: ausd view.PNG Size: 169 KB
Say something meaningful or Silence!!
  • #9,005
  • Oct 13, 2015 10:14am Oct 13, 2015 10:14am
@davit one more steep down channel but i want see lil retrace or b/o
Attached Image (click to enlarge)
Click to Enlarge Name: ausd view down channel.PNG Size: 172 KB
Say something meaningful or Silence!!
  • #9,006
  • Oct 13, 2015 10:48am Oct 13, 2015 10:48am
Quoting classy
@davit mate ..ausd definely i am looking for drop but now i think she will bounce ..lil higher(to bluff) for drop nicely..let's see my eyes.... her.... {image}
I am short on AC. USD may get weaker....Oil may test 50 again pushing all Cad lower (stronger CAD)
Lots of USD data coming up this week so hard to say...Fundamentally I like shorting the Aussie through the Cad
regards
In trading, you have to be defensive and aggressive at the same time
  • #9,007
  • Edited 11:22am Oct 13, 2015 10:50am | Edited 11:22am
Putin terrorizing in Syria actually pushed oil up perhaps struggling Russian economy was a catalyst..
OIl is still strong.
Deleted my EG short post.Feel rookies may not be able to handle...and feel responsible encouraging a trade.Well you own every trade irregardless of what I or others say...
Regards
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #9,008
  • Oct 13, 2015 1:06pm Oct 13, 2015 1:06pm
Quoting Davit
{quote} Its fine learn from it and move on.Don't beat yourself its part of trading.Number rule I have is to forgive myself.That opens up opertunity to build on the experience. Worse thing you can do next time staying over 200pips in losing position because your last loss came back...hence hard-wiring bad habits in your brain. Regards
Thanks Davit, learn to act in my own best interest right
  • #9,009
  • Oct 13, 2015 4:32pm Oct 13, 2015 4:32pm
GA 256 pips
AC 145 pips (large draw down).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GA 256.PNG Size: 78 KB
Click to Enlarge Name: AC 145.PNG Size: 80 KB
  • #9,010
  • Oct 13, 2015 5:12pm Oct 13, 2015 5:12pm
AU 156 pips
Attached Image (click to enlarge)
Click to Enlarge Name: AU 156.PNG Size: 73 KB
  • #9,011
  • Oct 13, 2015 5:30pm Oct 13, 2015 5:30pm
Quoting awcharts
GA 256 pips AC 145 pips (large draw down). {image} {image}
You've been managing trades well Awcharts. Your AC trade made me thinking...if I were monitoring that trade, would I stay in or exit then re-enter at the next ride? I faced that challenge before when a trade went 130p against me, the fear worn me out. just sharing my thoughts, sitting at the beach...
btw, GN EN are looking nice in a short
Appreciation is the key to wealth and happiness
  • #9,012
  • Oct 13, 2015 5:34pm Oct 13, 2015 5:34pm
Quoting Davit
{quote} I am short on AC. USD may get weaker....Oil may test 50 again pushing all Cad lower (stronger CAD) Lots of USD data coming up this week so hard to say...Fundamentally I like shorting the Aussie through the Cad regards
Gold mind Davit.
Appreciation is the key to wealth and happiness
  • #9,013
  • Oct 13, 2015 5:36pm Oct 13, 2015 5:36pm
Quoting likica
{quote} You've been managing trades well Awcharts. Your AC trade made me thinking...if I were monitoring that trade, would I stay in or exit then re-enter at the next ride? I faced that challenge before when a trade went 130p against me, the fear worn me out. just sharing my thoughts, sitting at the beach...
I have to admit, it was the hardest thing for me to not close the positions out at the time.
Like now. I am stuck on UC. I am long but am not convinced. This one is stressing me out. I can get out now with a small loss.... hum.....

Enjoy the beach.
  • #9,014
  • Oct 13, 2015 5:39pm Oct 13, 2015 5:39pm
Quoting BallijnForex
{quote} Good to be back aswell! Thanks for the explanation, you pointed out the things I need to look out for when my trade is running. Need more detailed analysis from my point of view. Here is another loss trade I made today. I was also distracted by the time I could re-enter when the nice divergence formed. {image}
That was a beautiful set up and my pending order did not get filled. No worries, let's be nice to leave my broker be happy this time
Appreciation is the key to wealth and happiness
  • #9,015
  • Oct 13, 2015 5:53pm Oct 13, 2015 5:53pm
[quote=OuterWest;8537142]Isn t it interesting to be able to remotely observe the individual and group collective behaviours, on top of " traders psychology". Some may have " felt" some resistance to the views I have put forth in this thread they are for a valid viewpoint. For When I am ready to help someone else be , not only a successful Forex trader, but a mindset trader what is it that would I put to them? say, observe airconditioning or goo (Ac ((or Mr Crab from Spongebob cartoon series say " ACK ACK" ))or GU ( GOOOOO, no not go, gooo like the squishy slimy stuff)) (sounds silly? yea?) while watching the mibble (MBL) tell you as part of price action when to enter a trade and not. Would that be confusing. yep! no doubt about it. I am not fussed whether "liked" or not for that is irrelevant in this text, my personal viewpoint from helping many others in varying facets of life to experiencing them having the emotional foundation that sets them for success. I personally prefer to see the emotion and expression in someones eyes to having felt they are successful through an experience than the expression of shortened words to look like they are, for such a thing can not be bought, but is great to share. So WHEN we all quote or follow some personality such as Kathy Lien or Mary McNamara or any other Forex writer or commentary, what are the great qualities they each bring out? one is the art of communication because none of us know who will be reading these threads no matter their life experience to do something good for themself / family. That is why i have deliberately put myself in your " firing line" of contempt to express something important. There is good talent here, for if or when predictions like what Jim Rickards make c
OuterWest,
I didn't have time to reply your post earlier, thanks Pipsninja taking time to do so. Most of us here in this thread including myself are active traders, and have been trading for number of years. If you read my first post, you would know the purpose of this thread.
I don't know purpose of your visit here, to learn or to teach? not sure if you are newbie or veteran, I dont have to know. If you can't find any benefit in this thread, you have a choice...
Thanks for the attachment. will have a read when I m back home.
Happy pipping.
Appreciation is the key to wealth and happiness
  • #9,016
  • Edited 6:18pm Oct 13, 2015 6:01pm | Edited 6:18pm
Quoting kumetto
GN +60.I closed it because of the news {image}
love it. Could be a trap for some traders to go long

Quoting griffinssoul
UCad - still in that key of D - M30/H4 - one PT left @150pips - this was riskier but as soon as i spotted wat was happening i kick'd over to the M30 breakouts - GCad/ECad {image}
good pipping. That double bottom in price while TDI made higher low was a big diamond, buddy
Appreciation is the key to wealth and happiness
  • #9,017
  • Oct 13, 2015 6:17pm Oct 13, 2015 6:17pm
Quoting Pipsninja
Hi OuterWest, you have voiced your displeasure in many occasions regarding the usage of acronyms in this thread. You are right that this may cause new traders some confusion but they can ask questions. If they struggle with these acronyms they may use google to do a search and learn them. Each profession has its own language and so dose Forex. When a group of people interact in any type of social setting especially via the internet, they form their own language and abbreviations to communicate with each other and bond. Many traders post their trades...
Good post and thanks for your inputs in this thread, Pipsninja.
I agree with you that not many posting losses here and I encourage traders to be brave to share both losses and winners. It s normal that we all like to nuture and look at beautiful things again and again and do the same when we have a winner and also want to share our happiness and our egos. Every methodology has winners and losses, how to handle them take lots of time and skills and that where I would like to have you guys sharing.
Happy pipping
L
Appreciation is the key to wealth and happiness
  • #9,018
  • Oct 13, 2015 7:31pm Oct 13, 2015 7:31pm
Quoting likica
{quote} Good post and thanks for your inputs in this thread, Pipsninja. I agree with you that not many posting losses here and I encourage traders to be brave to share both losses and winners. It s normal that we all like to nuture and look at beautiful things again and again and do the same when we have a winner and also want to share our happiness and our egos. Every methodology has winners and losses, how to handle them take lots of time and skills and that where I would like to have you guys sharing. Happy pipping L

I thought about this before. At the beginning, I didnt post my bad trades because there were too many . In recent history, I started to do better and the ratio of winning vs. loosing trades are around 80/20.
This bad trade I am upset with myself because looking back, I have no idea why I even entered. I did not follow any rules!!
Attached Image (click to enlarge)
Click to Enlarge Name: -106.PNG Size: 82 KB
  • #9,019
  • Edited 7:56pm Oct 13, 2015 7:44pm | Edited 7:56pm
Quoting awcharts
{quote} I thought about this before. At the beginning, I didnt post my bad trades because there were too many . In recent history, I started to do better and the ratio of winning vs. loosing trades are around 80/20. This bad trade I am upset with myself because looking back, I have no idea why I even entered. I did not follow any rules!! {image}
sorry for your loss Awcharts, I bet you will say the same to me once you saw my EN I put on last night before I went to bed. My divergence went wrong way (it must have been drunk and loss direction ). I was aware of NZD news coming, but thought that my SL would not be touched. Bad girl's execuses
Attached Image (click to enlarge)
Click to Enlarge Name: 13.10.15 EN M30 DIV short@11.17am est -130.png Size: 57 KB
Appreciation is the key to wealth and happiness
  • #9,020
  • Oct 13, 2015 8:27pm Oct 13, 2015 8:27pm
Quoting likica
{quote} sorry for your loss Awcharts, I bet you will say the same to me once you saw my EN I put on last night before I went to bed. My divergence went wrong way (it must have been drunk and loss direction ). I was aware of NZD news coming, but thought that my SL would not be touched. Bad girl's execuses {image}

Yea, I probably woundn't have short it since TDI h4 red was pretty bullish. But you always seem to be able to catch these divergence trades.
4 traders viewing now, 1 is registered: