TMS for M30 charts | Page 618 | 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

  • #12,341
  • Mar 8, 2016 3:27pm Mar 8, 2016 3:27pm
AUDCHF
M5
Attached Image (click to enlarge)
Click to Enlarge Name: 193___________.png Size: 69 KB
  • #12,342
  • Edited 3:49pm Mar 8, 2016 3:38pm | Edited 3:49pm
Quoting ClimaxOffset
{quote} http://www.forexfactory.com/showthre...17#post8799317 That's why.. Price is at 1.1034 now. blown out those stacks
It depends on what sort of drawdown Davit has built into his system. Looking at your trades in your Trade Explorer, you trade with high leverage, and I wouldn't be able to trade the way Davit does either, but he is prepared for drawdown and his risk is very small on each trade, so not likely at all to blow his account trading the way he does.

When you lose 6 pips you have lost around 6% of your account, whereas to lose 6% of Davits account he would probably need to be wrong by 200 pips or even more so it can't be said that the way he trades is the way to blow an account, many would say trading with the sort of leverage you do would be the way to blow an account, but what if someone said that to you, would you appreciate it or be very offended.

The point is, each to his own, you are comfortable with very high leverage and scalping, Davit is comfortable with the way he trades with very very low leverage and holding because his educated guess is that its going to turn around before he has to pull the plug on it. Neither one is more likely to blow their account than the other in the right hands, its when you don't know what you're doing that will blow the account.
  • #12,343
  • Mar 8, 2016 3:39pm Mar 8, 2016 3:39pm
Quoting ClimaxOffset
{quote} http://www.forexfactory.com/showthre...17#post8799317 That's why.. Price is at 1.1034 now. blown out those stacks
patience
H4 bearish ABCD [.886 / 1.128]
  • #12,344
  • Mar 8, 2016 3:46pm Mar 8, 2016 3:46pm
Quoting lastingwell
{quote}It depends on what sort of drawdown Davit has built into his system. Looking at your trades in your Trade Explorer, you trade with high leverage, and I wouldn't be able to trade the way Davit does either, but he is prepared for drawdown and his risk is very small on each trade, so not likely at all to blow his account trading the way he does. When you lose 6 pips you have lost around 6% of your account, whereas to lose 6% of Davits account he would probably need to be wrong by 200 pips or even more so it can't be said that the way he trades...
brilliant answer
  • #12,345
  • Mar 8, 2016 3:55pm Mar 8, 2016 3:55pm
Check AN

With and without S hunt
Attached Image
  • #12,346
  • Mar 8, 2016 3:58pm Mar 8, 2016 3:58pm
Quoting lastingwell
{quote}It depends on what sort of drawdown Davit has built into his system. Looking at your trades in your Trade Explorer, you trade with high leverage, and I wouldn't be able to trade the way Davit does either, but he is prepared for drawdown and his risk is very small on each trade, so not likely at all to blow his account trading the way he does. When you lose 6 pips you have lost around 6% of your account, whereas to lose 6% of Davits account he would probably need to be wrong by 200 pips or even more so it can't be said that the way he trades...


Charts and trade history speak louder than theory.
  • #12,347
  • Mar 8, 2016 4:10pm Mar 8, 2016 4:10pm
Quoting ClimaxOffset
{quote} Charts and trade history speak louder than theory.
I'm not sure what you meant by that?
  • #12,348
  • Mar 8, 2016 4:11pm Mar 8, 2016 4:11pm
Quoting lastingwell
{quote}It depends on what sort of drawdown Davit has built into his system. Looking at your trades in your Trade Explorer, you trade with high leverage, and I wouldn't be able to trade the way Davit does either, but he is prepared for drawdown and his risk is very small on each trade, so not likely at all to blow his account trading the way he does. When you lose 6 pips you have lost around 6% of your account, whereas to lose 6% of Davits account he would probably need to be wrong by 200 pips or even more so it can't be said that the way he trades...

I have a question. Why are you speaking for him ? And how do you know so much about his account balance and leverage ? I personally do not condone adding more trades to losing positions. Losers average losers.
  • #12,349
  • Mar 8, 2016 4:11pm Mar 8, 2016 4:11pm
Quoting lastingwell
{quote}I'm not sure what you meant by that?

I mean, show me the data and i'll believe you. Show me some serious winners and proper money management and i will shut up and listen. I won't type in another word. I guarantee it.
  • #12,350
  • Mar 8, 2016 4:21pm Mar 8, 2016 4:21pm
Quoting ClimaxOffset
{quote} I mean, show me the data and i'll believe you. Show me some serious winners and proper money management and i will shut up and listen. I won't type in another word. I guarantee it.
Ok, so these are some of the account summaries he has posted over the past months:

http://www.forexfactory.com/showthre...91#post8795191
http://www.forexfactory.com/showthre...39#post8621139
http://www.forexfactory.com/showthre...31#post8576631
http://www.forexfactory.com/showthre...40#post8568740

and if you click on his name choose to look at his images posted and look at charts you will see loads and loads of charts posted with the winning batches and yes even the losers, so I think he has proven over the time that he knows what he's doing.
  • #12,351
  • Mar 8, 2016 5:54pm Mar 8, 2016 5:54pm
Quoting lastingwell
{quote}Ok, so these are some of the account summaries he has posted over the past months: http://www.forexfactory.com/showthre...91#post8795191 http://www.forexfactory.com/showthre...39#post8621139 http://www.forexfactory.com/showthre...31#post8576631 http://www.forexfactory.com/showthre...40#post8568740 and if you click on his name choose to look at his images posted and look at charts you will see loads and loads of charts posted with the winning batches and...

Cool man,

Sorry i should be reading through the thread more However, i didn't say anyone did not know what they were doing. I'm just giving my two cents. I thought that's what we were here for. To exchange ideas with this system.
  • #12,352
  • Edited 7:17pm Mar 8, 2016 5:56pm | Edited 7:17pm
AUDNZD

I'm on the 15m but just so i can identify what's happening here. The vol bands are tightening, Base above 50 and TDI is getting a sharp down slope. I'd like to see a break above 1.1025 with the vol bands widening and tdi crossing the base. Will be a nice move.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD.png Size: 60 KB
  • #12,353
  • Mar 8, 2016 7:26pm Mar 8, 2016 7:26pm
Quoting ClimaxOffset
{quote} Cool man, Sorry i should be reading through the thread more However, i didn't say anyone did not know what they were doing. I'm just giving my two cents. I thought that's what we were here for. To exchange ideas with this system.
He is a she. One of two female traders on this site that posts often.
If you are good at something, never do it for free--Joker
  • #12,354
  • Mar 8, 2016 7:53pm Mar 8, 2016 7:53pm
Quoting jmn5611
{quote} He is a she. One of two female traders on this site that posts often.

So that would explain the high ranking. If you post like crazy, you get high impact.
  • #12,355
  • Mar 8, 2016 7:55pm Mar 8, 2016 7:55pm
Quoting lastingwell
{quote}Ok, so these are some of the account summaries he has posted over the past months: http://www.forexfactory.com/showthre...91#post8795191 http://www.forexfactory.com/showthre...39#post8621139 http://www.forexfactory.com/showthre...31#post8576631 http://www.forexfactory.com/showthre...40#post8568740 and if you click on his name choose to look at his images posted and look at charts you will see loads and loads of charts posted with the winning batches and...

Well i looked these over and i don't see any actual account balances or trade history. I only see a line on a chart and some trade report that looks like it's out of the strategy tester. Also most of these are from last year....
  • #12,356
  • Mar 8, 2016 8:49pm Mar 8, 2016 8:49pm
Quoting ClimaxOffset
{quote} So that would explain the high ranking. If you post like crazy, you get high impact.
No, not quite. If you post content that helps other traders, then you get high impact. I have seen posters come on here and get high impact in two days.
If you are good at something, never do it for free--Joker
  • #12,357
  • Mar 8, 2016 10:45pm Mar 8, 2016 10:45pm
Ladies and gens,
I am having problem reading the thread in regards of Trading Made Simple for M30 at the moment. It's much appreciated if you all keep it simple for others who wish to learn/improve their trading by this method.
Happy pipping.
Appreciation is the key to wealth and happiness
  • #12,358
  • Mar 8, 2016 10:56pm Mar 8, 2016 10:56pm
Quoting ClimaxOffset
{quote} Well i looked these over and i don't see any actual account balances or trade history. I only see a line on a chart and some trade report that looks like it's out of the strategy tester. Also most of these are from last year....
ClimaxOffset,
If you wish to learn something from any of us here, pls do so. If not, pls move on...the bottom line is everyone cares for their own money, and want to improve. No need for anyone's approval or impression. We shared what we traded, some have different views from others. We might feel like we have found the best entries than the guy next door, but he might be an expert in managing risks, and we are open to learn from each other to move forward.
Appreciation is the key to wealth and happiness
  • #12,359
  • Mar 8, 2016 11:03pm Mar 8, 2016 11:03pm
Quoting likica
Ladies and gens, I am having problem reading the thread in regards of Trading Made Simple for M30 at the moment. It's much appreciated if you all keep it simple for others who wish to learn/improve their trading by this method. Happy pipping.
Thanks a lot LK!!, really tired to see stuffs not related to TMS30...
  • #12,360
  • Mar 8, 2016 11:11pm Mar 8, 2016 11:11pm
Potential long on GJ?
Attached Image (click to enlarge)
Click to Enlarge Name: 9.3.16 GJ M30 DIV (potential long)@mid9NY.png Size: 102 KB
Appreciation is the key to wealth and happiness
55 traders viewing now