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  • #66,421
  • Mar 2, 2016 4:33am Mar 2, 2016 4:33am
ENZD H4 Long,
H&S, TDI 12-2, CP above EMA5
Attached Image (click to enlarge)
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  • #66,422
  • Mar 2, 2016 5:00am Mar 2, 2016 5:00am
Anybody see overbars on H4 GU and EG? Its nice, but seems failed
  • #66,423
  • Mar 2, 2016 5:40am Mar 2, 2016 5:40am
Quoting emmanuel7788
{quote} Hi Dehyah, I think your are looking for the older version which display the mini-charts on the right side of your chart. Try these posts: http://www.forexfactory.com/showthre...97#post6077297 or this thread by Stratman, the creator and owner of pipware tools. http://www.forexfactory.com/showthread.php?t=198729 The newer version has better features. How is your trading so far? Have Fun!
Thanks for your effort Emman but I think I will stick with the newer version.I still demoeing.
With God all things are possible.
  • #66,424
  • Mar 2, 2016 6:03am Mar 2, 2016 6:03am
Quoting makron
Anybody see overbars on H4 GU and EG? Its nice, but seems failed
GU W1 is down. Look at the D1 and spot the regular divergence. That's why the red bar on H4 seems over, and PA might retrace to the upside.
Attached Image (click to enlarge)
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EG is up on W1, retracing on D1, and on H4 there is hidden divergence (although the distance is kinda big), and PA is at TL now, and there are a few more hours until H4 candle closes, so it is not failed yet, as long as the TL holds and doesn't allow a close under it. I want confirmation from the D1 also if I wanna go up using a conservative approach.
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P.S.: Ignore the blue arrows.
  • #66,425
  • Mar 2, 2016 6:17am Mar 2, 2016 6:17am
Quoting catalin_eros
{quote} GU W1 is down. Look at the D1 and spot the regular divergence. That's why the red bar on H4 seems over, and PA might retrace to the upside. {image} EG is up on W1, retracing on D1, and on H4 there is hidden divergence (although the distance is kinda big), and PA is at TL now, and there are a few more hours until H4 candle closes, so it is not failed yet, as long as the TL holds and doesn't allow a close under it. I want confirmation from the D1 also if I wanna go up using a conservative approach. {image} P.S.: Ignore the blue arrows.

you want to trade divergence, you need to do it properly.

too many bars between swing highs and swing lows do not make good divergence.

learn from the expert who spent lots of hours on the RSI.

Read this book
RSI: The Complete Guide Post#27,110 by John Hayden
The Truth about Divergence ... read Chapter 4 Page 65
Trend Determination using the RSI (TDI) Post#26,774
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,426
  • Mar 2, 2016 6:22am Mar 2, 2016 6:22am
Quoting catalin_eros
{quote} It could work, but... Yesterday's D1 had a bearish close, very close to its low, and when we look at last W1 candle, we see it closed bearish also. So we have two HTFs saying to take short signals. Besides, it is just a POTENTIAL inverted head and shoulders, since we haven't seen a break of the neckline just yet. I want to sell it based on W1 and D1, so what I would like to see is a bump into the TL that Tibowh showed, and then a sell signal. If it breaks it, then comes the neckline, and it has to break that also, for a valid IHS pattern....

you should know me by now.

I don't like to chase after the market so I don't trade after I see a WRB.

but that H4 set up candle created a very steep TDI angle and my TMS Monitor sent me an alert.

there are risk with every setup we see.

it is one of your many tasks as traders to look at all possible risk and your decision whether you want to take some risk.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD H4 Week 09 strong vs weak.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,427
  • Edited 8:14am Mar 2, 2016 6:25am | Edited 8:14am
Quoting tibovwh
{quote} Hi Makron! I had spotted this H&S forming yesterday and now also seeing this BUEB. However, I see some other things: My upper trendline is still resistance and there is the 10EMA on D1 confluence. Also we trade right into the Weekly Open which can act as S/R... On the D1 I see that WRB and failure to move lower since. 3/12 (Draghi day) seems to provide support with this structure so I see potential for a 4H long off the lows of this D1 WRB. Only I don't know if I want to take it when this candle closes If we wait, it will be candle #3 and...
Hi tibovwh,

here my thoughts.

Daily Chart: We are in the retracement of an intact uptrend (1-2-3s) and a few candles back we found already resistance at a possible dynamic support zone (moving average)

4H chart: PA is making lower highs, TDI is making higher highs. --> Divergence
Last Low of PA was higher and Negative Momentum is slowing down

1h Chart: At the low at 1,63 (round number) there was divergence followed by solid bullish move with good momentum, the retracement later on down to 1,635 was very choppy and slow and ended with a reversal bar. Bullish momentum started to grow. Right now a red candle is forming on the 1H chart (cant be seen on the screenshot)

it is possible that the retracement of the uptrend on the Daily chart could run further but given the indications for a turnaround (1H,4H charts) in trend direction I am eager to jump in as soon as I get a white HA candle on the 1H, with a short SL under the last LL

how this is useful to u.
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Achieving your goals is only a matter of mental strength
  • #66,428
  • Mar 2, 2016 6:27am Mar 2, 2016 6:27am
Quoting Scrambleguy
{quote} Thanks Em, lucky you, my sister lives in manley

Manly and its clean beach, great waves, eateries, etc. ... I love that place back in 1982 when I stayed there for short while and my office was in North Sydney.
But today, it too crowded with too many people especially on weekends.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,429
  • Mar 2, 2016 6:31am Mar 2, 2016 6:31am
Quoting emmanuel7788
{quote} you want to trade divergence, you need to do it properly. too many bars between swing highs and swing lows do not make good divergence. learn from the expert who spent lots of hours on the RSI. Read this book RSI: The Complete Guide Post#27,110 by John Hayden The Truth about Divergence ... read Chapter 4 Page 65 Trend Determination using the RSI (TDI) Post#26,774
That's why I wrote "(although the distance is kinda big)" I am not very comfy with big distances between candles either, but still, I couldn't not notice it.
  • #66,430
  • Mar 2, 2016 6:33am Mar 2, 2016 6:33am
Quoting giamma23
{quote} hi for the pizza no problem ..... 😀🍕🍕 do you have any link on tf examples 5 min ....thank

today I had Italian for lunch, and just now I had German for dinner.
After a few weizen, I am light headed...

Sorry no M5 scalping done so far but this week I am demo testing TMS M15 scalping with ME/ME with a trade manager EA.
still some work-in-progress in the final coding work.

the idea is simple, buy above PAC and sell below PAC.
the trend is 50 and 200 EMAs.


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,431
  • Mar 2, 2016 7:04am Mar 2, 2016 7:04am
Ok then look new news ...
Thank you
  • #66,432
  • Mar 2, 2016 7:35am Mar 2, 2016 7:35am
Any still using Tokyo Open +40 pips before trading London mkt.
  • #66,433
  • Mar 2, 2016 9:25am Mar 2, 2016 9:25am
hello,

one of my open trades,





but is it valid?

because on the 1D tf, the market is ranging, so i went to the 4H, and there was (in my eyes) a nice setup, but i am now in doubt, because of the 1D.

so my question is, do i trade the TMS method, or my own method?

thanks.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: NZDJPYDaily range trade.png Size: 101 KB
  • #66,434
  • Mar 2, 2016 9:35am Mar 2, 2016 9:35am
Quoting ruben7222
hello, one of my open trades, but is it valid? because on the 1D tf, the market is ranging, so i went to the 4H, and there was (in my eyes) a nice setup, but i am now in doubt, because of the 1D. so my question is, do i trade the TMS method, or my own method? thanks. {image} {image}
hey ruben,

it is also ranging on the 4H chart. u can enter short here, just watch it closely at the other side of the range for possible reversal signals to take profits of the table

I also shorted it an hour ago or so, of the 1H chart, so lets hope for some pips
Achieving your goals is only a matter of mental strength
  • #66,435
  • Mar 2, 2016 9:39am Mar 2, 2016 9:39am
Quoting makron
EN forming HS + BUOB + IB&MC breakout + strong momentum and 1st candle Who wants to buy? I entered little lot Problem is 130p SL. I think we need wait 4H candle close and wait for 38-50% retracement {image}
EN out with -70pips loss
  • #66,436
  • Mar 2, 2016 9:43am Mar 2, 2016 9:43am
Quoting ruben7222
hello, one of my open trades, but is it valid? because on the 1D tf, the market is ranging, so i went to the 4H, and there was (in my eyes) a nice setup, but i am now in doubt, because of the 1D. so my question is, do i trade the TMS method, or my own method? thanks. {image} {image}
Looks a valid trade to me although one issue maybe the angle of the cross on the TDI. There is enough space for price to move into but I would be looking at taking profit at around 74.50.
  • #66,437
  • Mar 2, 2016 9:52am Mar 2, 2016 9:52am
Anyone watch UJ?
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  • #66,438
  • Mar 2, 2016 9:54am Mar 2, 2016 9:54am
Please introducing me, i am newbie here.

I already MC some times ago, and now i still experiment with EA , and use 99% modelling quality data.

i use surfire system, help by adx indicator,and combine with some parameter.

I try 1 year simulation with 99% modellling quality back test. result as below:
Attached Image (click to enlarge)
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  • #66,439
  • Mar 2, 2016 10:03am Mar 2, 2016 10:03am
Quoting robotgedeg
Please introducing me, i am newbie here. I already MC some times ago, and now i still experiment with EA , and use 99% modelling quality data. i use surfire system, help by adx indicator,and combine with some parameter. I try 1 year simulation with 99% modellling quality back test. result as below: {image}
how is this connected to the TMS system and what exactly do u await from our side?
Achieving your goals is only a matter of mental strength
  • #66,440
  • Mar 2, 2016 10:09am Mar 2, 2016 10:09am
i just think i had simple method to trade, using EA surfire system, help by indicator, and i think it is good result. That's simple, but when i create idea to the EA, it's very complicated, but i already know the philosphy,. and it is simple. i just want to know your opinion when looking the graph and statement.
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