TMS for M30 charts | Page 582 | 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

  • #11,621
  • Feb 16, 2016 1:53pm Feb 16, 2016 1:53pm
Quoting likica
GA bullish divergence {image}
Hi Likica

Regarding your GA entry - it looks like you entered before the close of the candle - is it not better to wait for the candle to close as the candle could have closed bearish & TDI could not have crossed? Just trying to understand your logic for entering the trade.

Thanks
  • #11,622
  • Feb 16, 2016 3:25pm Feb 16, 2016 3:25pm
Masters, please explain whats wrong with this setup?
Attached Image (click to enlarge)
Click to Enlarge Name: GCAD.png Size: 81 KB
  • #11,623
  • Edited 4:13pm Feb 16, 2016 3:32pm | Edited 4:13pm
GBPNZD M30.. Finally got it closed before swap comes in.
and H4 - Divergence << am I correct on plotting this hidden bearish divergence or I just got lucky?

Continuous learning from you guys! Many thanks!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image3.png Size: 41 KB
Click to Enlarge Name: Image1.png Size: 30 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #11,624
  • Feb 16, 2016 4:49pm Feb 16, 2016 4:49pm
Is this a valid hidden bullish divergence?

GBNZD at M30
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 28 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #11,625
  • Feb 16, 2016 5:47pm Feb 16, 2016 5:47pm
Quoting v2vboni
Is this a valid hidden bullish divergence? GBNZD at M30 {image}
When you look for divergence you need to match up the peaks and troughs so you are drawing lines that match, this might help: http://www.babypips.com/school/high-school/trading-divergences/9-rules-for-trading-divergences.html

number 5 on that page is what I'm referring to.
  • #11,626
  • Feb 16, 2016 7:09pm Feb 16, 2016 7:09pm
Quoting KFXTrader
{quote} Hi Likica Regarding your GA entry - it looks like you entered before the close of the candle - is it not better to wait for the candle to close as the candle could have closed bearish & TDI could not have crossed? Just trying to understand your logic for entering the trade. Thanks
You are right, anything could happen and change the outcome. My decision was based on these: divergence + breakout of trend line + bounce off S/r + good TDI angle. Again, nothing works 100%, knowing when to exit is a crucial key.

Quoting v2vboni
Is this a valid hidden bullish divergence? GBNZD at M30 {image}
V, I don't know how those set up (too many things) on your chart help with your decision making, it makes me feel stressed looking at it to find your hidden divergence. It would be better to keep it similar to what I do for others who wish to learn from you and what has been presented in this thread can be easily followed.

Quoting makron
Masters, please explain whats wrong with this setup? {image}
nothing was wrong with the set up , it simply failed and you just have to move on to the next one. No set up work 100%. It might move up later on but not at the moment
Appreciation is the key to wealth and happiness
  • #11,627
  • Feb 16, 2016 10:35pm Feb 16, 2016 10:35pm
EN bullish hidden divergence off S/R
Attached Image (click to enlarge)
Click to Enlarge Name: 17.2.16 EN M30 HD off TL SR long@ SO +60.png Size: 70 KB
Appreciation is the key to wealth and happiness
  • #11,628
  • Feb 16, 2016 11:08pm Feb 16, 2016 11:08pm
Small bag from AJ bearish hidden divergence off S/R
Attached Image (click to enlarge)
Click to Enlarge Name: 17.2.16 AJ M30 HD off TL short@SO +35.png Size: 66 KB
Appreciation is the key to wealth and happiness
  • #11,629
  • Feb 16, 2016 11:20pm Feb 16, 2016 11:20pm
Quoting likica
Small bag from AJ bearish hidden divergence off S/R {image}
Nice pipin LK. Today we have GBP news. Could see some action later
Sad i'm not trying to understand PA
  • #11,630
  • Feb 17, 2016 12:07am Feb 17, 2016 12:07am
Quoting likica
EN bullish hidden divergence off S/R {image}
Hi Likica

I'm not trying to pick on your trades, but trying to clarify info for a lot of new traders. Your recent EN trade, you entered at the beginning of the candle - however at this stage the TDI hadn't turned yet, so there would be no confirmation of hidden divergence or confirmation of trade entry, unless you were purely entering on DO bounce and Trendline break?

The post trade analysis looks great, but if you're trading this in realtime, it looks very different. And if you apply these rules to other trades, you're going to end up with a lot of losses.

Again just trying to understand your reasoning for entering the trade & help other new traders.
Thanks
  • #11,631
  • Feb 17, 2016 12:24am Feb 17, 2016 12:24am
Quoting KFXTrader
{quote} Hi Likica I'm not trying to pick on your trades, but trying to clarify info for a lot of new traders. Your recent EN trade, you entered at the beginning of the candle - however at this stage the TDI hadn't turned yet, so there would be no confirmation of hidden divergence or confirmation of trade entry, unless you were purely entering on DO bounce and Trendline break? The post trade analysis looks great, but if you're trading this in realtime, it looks very different. And if you apply these rules to other trades, you're going to end up with...
I understand your concern, but how do you know I entered at the begining of the candle? your assumption is not correct. I confirm that I entered after TDI crossed with a good angle and hidden divergence formed but did not wait for the close of the candle. Just to remind you all, it's not easy to trade Asian session if you don't have a good PA reading. Also even if you are trying to pick on my trades and want to learn, why not?. If you are just curious, I don't have time for it.
Appreciation is the key to wealth and happiness
  • #11,632
  • Feb 17, 2016 12:27am Feb 17, 2016 12:27am
Quoting likica
{quote} I understand your concern, but how do you know I entered at the begining of the candle? your assumption is not correct. I confirm that I entered after TDI crossed and hidden divergence formed but did not wait for the close of the candle.
Thanks for the feedback. It's just that your entry price is far away from the close of the candle.

But appreciate all the input throughout this thread.
  • #11,633
  • Feb 17, 2016 12:32am Feb 17, 2016 12:32am
Quoting KFXTrader
{quote} Thanks for the feedback. It's just that your entry price is far away from the close of the candle. But appreciate all the input throughout this thread.
....that was a M15 break TL entry with da TDI goodies - no other way to do this cause u only had a 30pip window before res - PA smash'd dis & it was a gr8 trade .... sounds like u r 2 focused on single - make or break - trades .... sure dis will be bad long term
  • #11,634
  • Feb 17, 2016 12:40am Feb 17, 2016 12:40am
Quoting griffinssoul
{quote} ....that was a M15 break TL entry with da TDI goodies - no other way to do this cause u only had a 30pip window before res - PA smash'd dis & it was a gr8 trade .... sounds like u r 2 focused on single - make or break - trades .... sure dis will be bad long term
Was it on M15 GS? I did not have m15 on. Only looked at H1 M30 at that time. Yeah, not all signals work out 100% and yes we talked about those trades that I entered in the middle of candle and did not wait for it to close on some signals depending what PA and TDI present at that time.
Appreciation is the key to wealth and happiness
  • #11,635
  • Feb 17, 2016 12:42am Feb 17, 2016 12:42am
Quoting likica
{quote} Was it on M15 GS? I did not have m15 on. Only looked at H1 M30 at that time. Yeah, not all signals work out 100% and yes we talked about those trades that I entered in the middle of candle and did not wait for it to close on some signals depending what PA and TDI present at that time.
closed out of the TL @ ur entry .... just perfect !!! mega strong res act like magnetic cause we have BRN there aswell as H4/D1
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 43 KB
  • #11,636
  • Feb 17, 2016 2:46am Feb 17, 2016 2:46am
Quoting KFXTrader
{quote} Hi Likica I'm not trying to pick on your trades, but trying to clarify info for a lot of new traders. Your recent EN trade, you entered at the beginning of the candle - however at this stage the TDI hadn't turned yet, so there would be no confirmation of hidden divergence or confirmation of trade entry, unless you were purely entering on DO bounce and Trendline break? The post trade analysis looks great, but if you're trading this in realtime, it looks very different. And if you apply these rules to other trades, you're going to end up with...
Sorry but I have to disagree with that. Likica uses the tdi pro but I use the normal setting one and the one that refreshes when the bar closes, and I have this in my logs:

00:59:59.638 TDI Red Green Alerts mod. 2015.fxdaytrader EURNZDSB,M30: Alert: TDI Alert on EURNZDSB, period M30: UP -> RSI TradeSignal

At that time it was probably only a tiny cross on mine but had definitely crossed.

That is 1am my time, 3am chart time (gmt +2) which is the candle she went in on.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDSBM3017-02.png Size: 39 KB
  • #11,637
  • Feb 17, 2016 3:44am Feb 17, 2016 3:44am
ECad M30 - short-sharp-rapid-fire - tight BE policy - execute wit extreme prejudice ....
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 32 KB
  • #11,638
  • Feb 17, 2016 3:48am Feb 17, 2016 3:48am
EN M30 - get'in de idea .... call contact greenies .... look'n gr8
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 33 KB
  • #11,639
  • Feb 17, 2016 3:56am Feb 17, 2016 3:56am
EA M30 .... act-iv-ate dis-co-pan-ts .....
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 32 KB
  • #11,640
  • Feb 17, 2016 4:00am Feb 17, 2016 4:00am
Quoting lastingwell
{quote}Sorry but I have to disagree with that. Likica uses the tdi pro but I use the normal setting one and the one that refreshes when the bar closes, and I have this in my logs: 00:59:59.638 TDI Red Green Alerts mod. 2015.fxdaytrader EURNZDSB,M30: Alert: TDI Alert on EURNZDSB, period M30: UP -> RSI TradeSignal At that time it was probably only a tiny cross on mine but had definitely crossed. That is 1am my time, 3am chart time (gmt +2) which is the candle she went in on. {image}
Hi Lastingwell

Thanks for the info & understand. I always assumed we only enter at the close of the 30min candle as trading crosses during the candle could give a lot of false signals.

Thanks again for all the trade updates & insights.
11 traders viewing now