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  • #66,901
  • Mar 11, 2016 1:25am Mar 11, 2016 1:25am
I took a sell based on the following scenerio,
tdi crossover , first candle end
stochastic and tdi angles r good

kept my stoploss at previous swing high as guided by big E.

pls let me know is this a proper setup. BY the way started to trade in real account from yesterday using this method. Thanks to BIG E .SJ and Emmanuel for there continuous support and other seniors and newbies helping each other.

Thanks & regards,
DRA
Attached Image (click to enlarge)
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  • #66,902
  • Mar 11, 2016 1:31am Mar 11, 2016 1:31am
THe above post , I see the atr of the eurjpy hourly is 34 pips. Prior to this big bull candle formed ( where i took call ) there were small 3 bull candles.

do u still consider this to be consolidation area ? I took the call as it was a big bearish candle formed .
anyone there to discuss on this issue and throw some light ..pls

thanks
  • #66,903
  • Mar 11, 2016 1:35am Mar 11, 2016 1:35am
Quoting Scrambleguy
{quote} Nigel, your referring to Scorps weekly preview charts, can you point some out pls?
Last one I can find was in post #66038. Previously they where almost a weekly event. Required study for a Sunday afternoon.
I haven't forgot by the way, just very busy.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #66,904
  • Mar 11, 2016 1:37am Mar 11, 2016 1:37am
Quoting Lookleft
{quote} There is a S/R zone at 1.9000 where price has reacted previously. Next area to watch would be 1.8900 which is the bottom of the WRB. Trade carefully as the market is still in reset mode after yesterday's moves.
can you post chart where is WRB? because in my chart there are no WRB
thanks
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  • #66,905
  • Mar 11, 2016 1:49am Mar 11, 2016 1:49am
Quoting AcanaTrader
{quote} can you post chart where is WRB? because in my chart there are no WRB thanks
The one marked with the arrow could be regarded as a WRB. It is basically yesterday's high and low (crazy day ). The red line is the area of S/R you are trading into. Look back and see that price has reacted to it. The blue line is also a S/R are where price has reacted.
Attached Image (click to enlarge)
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Edit: If the S/R around 1.9000 hadn't been there I'd have taken the trade with about a 100 pip target.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #66,906
  • Mar 11, 2016 1:58am Mar 11, 2016 1:58am
Quoting Lookleft
{quote} The one marked with the arrow could be regarded as a WRB. It is basically yesterday's high and low (crazy day ). The red line is the area of S/R you are trading into. Look back and see that price has reacted to it. The blue line is also a S/R are where price has reacted. {image} Edit: If the S/R around 1.9000 hadn't been there I'd have taken the trade with about a 100 pip target.
ohh i mean base on my chart above, therea are no WRB related that 139 pips

i know about WRB that you marked with arrow,
i ask you about where is WRB because if talking about my picture above, there are no relateed with WRB, right?

so, if we talk about future trade, then we talk about that marked WRB as SR, right?
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  • #66,907
  • Mar 11, 2016 2:04am Mar 11, 2016 2:04am
Quoting AcanaTrader
{quote} ohh i mean base on my chart above, therea are no WRB related that 139 pips i know about WRB that you marked with arrow, i ask you about where is WRB because if talking about my picture above, there are no relateed with WRB, right? so, if we talk about future trade, then we talk about that marked WRB as SR, right?
There is no reason you can't trade within the range if price has room to move especially with a big range like that on GBPAUD. You could also drop down to H1 had trade inside the range. S/R comes in many different forms.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #66,908
  • Mar 11, 2016 2:07am Mar 11, 2016 2:07am
Is it possible to automatically change the APB Candle Size when i zoom out or zoom in?

When i zoom out for example, the candles are getting into each other, which looks like a mess:
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  • #66,909
  • Mar 11, 2016 2:19am Mar 11, 2016 2:19am
Quoting Lookleft
{quote} There is no reason you can't trade within the range if price has room to move especially with a big range like that on GBPAUD. You could also drop down to H1 had trade inside the range. S/R comes in many different forms.
nice manand i not confused now
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  • #66,910
  • Edited 3:32am Mar 11, 2016 2:51am | Edited 3:32am
Question about ME/ME for Emm,

AUDJPY Week 06 MEME The trade PLAN
posted : http://www.forexfactory.com/showthread.php?p=8752480#post8752480

on Day 4 update 11 Feb
posted on http://www.forexfactory.com/showthre...75#post8749375

you have last 4 open trade,
my question is, you cutloss that 4 open trade? so that 4 trade is loser?
that cutloss is all 4 open trade must entering smart cutloss area?
its mean total loss is around 1.065 pips?
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  • #66,911
  • Mar 11, 2016 3:56am Mar 11, 2016 3:56am
Quoting dra.forex
I took a sell based on the following scenerio, tdi crossover , first candle end stochastic and tdi angles r good kept my stoploss at previous swing high as guided by big E. pls let me know is this a proper setup. BY the way started to trade in real account from yesterday using this method. Thanks to BIG E .SJ and Emmanuel for there continuous support and other seniors and newbies helping each other. Thanks & regards, DRA {image}
You took trade in CONSOLIDATION.
Wait to break consolidation (with closed candle) and than take trade.

dan
  • #66,912
  • Mar 11, 2016 3:59am Mar 11, 2016 3:59am
Quoting AcanaTrader
Question about ME/ME for Emm, AUDJPY Week 06 MEME The trade PLAN posted : http://www.forexfactory.com/showthre...80#post8752480 on Day 4 update 11 Feb posted on http://www.forexfactory.com/showthre...75#post8749375 you have last 4 open trade, my question is, you cutloss that 4 open trade? so that 4 trade is loser? that cutloss is all 4 open trade must entering smart cutloss area? its mean total loss is around 1.065 pips?

Follow this post and you will learn.

http://www.forexfactory.com/showthre...80#post8752480
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,913
  • Mar 11, 2016 4:03am Mar 11, 2016 4:03am
Quoting Bernardi
Is it possible to automatically change the APB Candle Size when i zoom out or zoom in? When i zoom out for example, the candles are getting into each other, which looks like a mess: {image} {image} {image}

yes, that is possible.

Max zoom

Attached Image (click to enlarge)
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Min zoom

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,914
  • Mar 11, 2016 5:31am Mar 11, 2016 5:31am
i have only been trading the tms method for a week - so far even pips because on two of my trades i forgot to look at the news... arrrrhhhhgggg - live and learn
one thing i noticed though is that when you enter a good trade it goes positive almost immediately and a bad trade never really gets into positive territory. my two bad trades even though i had entered some time before the news came out and all signals to entry seemed good, they never got more then 5-10 pips over BE. just wonder if the experts have noticed the same thing becase if that phenomena does happen it would help with the SL do tighter sl cause you know that if good trade it will keep going in the right direction and if bad it will never get going.
Fib(onacci) my way to glory
  • #66,915
  • Mar 11, 2016 5:48am Mar 11, 2016 5:48am
does anyone still take countrend setups?

here is one what might be materialising. It is against the direction of the daily. purple ema = 10 ema, brown ema = 50 ema

is there any safe way to take this setup?
when i have taken countrend before i notice they are less likely to hit my tp, or more likely to fail. Do i have to do something additional to ensure their success
Attached Image (click to enlarge)
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  • #66,916
  • Mar 11, 2016 5:53am Mar 11, 2016 5:53am
Quoting billsmith
i have only been trading the tms method for a week - so far even pips because on two of my trades i forgot to look at the news... arrrrhhhhgggg - live and learn one thing i noticed though is that when you enter a good trade it goes positive almost immediately and a bad trade never really gets into positive territory. my two bad trades even though i had entered some time before the news came out and all signals to entry seemed good, they never got more then 5-10 pips over BE. just wonder if the experts have noticed the same thing becase if that...
Hi bill,
Unfortunately there is no hard and fast rule. I've had the opposite happen many times where a trade seems to have stalled, gone and got a coffee only to find when I get back to my screen that price has moved nicely in my favor.
If you pick trades where price has reacted with a strong S/R area and in the direction of the trend with good momentum (APB size), a good TDI cross and position you'll more than likely be in a good trade.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #66,917
  • Mar 11, 2016 6:00am Mar 11, 2016 6:00am
Quoting kain775
does anyone still take countrend setups? here is one what might be materialising. It is against the direction of the daily. purple ema = 10 ema, brown ema = 50 ema is there any safe way to take this setup? when i have taken countrend before i notice they are less likely to hit my tp, or more likely to fail. Do i have to do something additional to ensure their success {image}
Check the PA on the next tf up from the one you're trading on, just to see if you have that in your favour, don't forget its not a candle pattern until the candle is closed, so look at the previous closed candle and see what it looked like, or divergence, tdi hooking down/up, anything to tell you its likely to go as well.
  • #66,918
  • Mar 11, 2016 6:19am Mar 11, 2016 6:19am
Quoting Lookleft
{quote} Hi bill, Unfortunately there is no hard and fast rule. I've had the opposite happen many times where a trade seems to have stalled, gone and got a coffee only to find when I get back to my screen that price has moved nicely in my favor. If you pick trades where price has reacted with a strong S/R area and in the direction of the trend with good momentum (APB size), a good TDI cross and position you'll more than likely be in a good trade.
thanks for the advice - the system looks very good - still trying to figure out what is the best sl and tp for me.
i noticed this quote on my travel in this thread
Quoting dean
{quote} Holy s^%^&....how do you read that??? it looks like a lovely rainbow
Fib(onacci) my way to glory
  • #66,919
  • Edited 8:40am Mar 11, 2016 6:48am | Edited 8:40am
I like that this system has multiple setups a day, but i dislike the fact that if you don't happen to be at a computer and on the specific timeframe at the time, it's all to easy to miss the setup.

I would have taken this if i had seen it


edit: this is gbp/aud m30
Attached Image (click to enlarge)
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  • #66,920
  • Mar 11, 2016 7:24am Mar 11, 2016 7:24am
Quoting emmanuel7788
{quote} Follow this post and you will learn. http://www.forexfactory.com/showthre...80#post8752480
Emm,
i follow your post, and found this
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot-www.forexfactory.com 2016-03-11 22-02-01.png Size: 53 KB

and i check on daily chart, and TDI D1 cross UP
it mean you cutloss of 5 open trade?
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