TMS for M30 charts | Page 636 | 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

  • #12,701
  • Mar 21, 2016 2:23am Mar 21, 2016 2:23am
Quoting Davit
{quote} Hi Jim I got 3 positions on EU and once this get clear 50+pips I will let it ride far lower 1065 weekly pivot May take until end of the month. regards friend {image}
nice spot with patience
Appreciation is the key to wealth and happiness
  • #12,702
  • Mar 21, 2016 2:24am Mar 21, 2016 2:24am
I m flat from GU short divergence entered on Fri
Attached Image (click to enlarge)
Click to Enlarge Name: 18.3.16 GU M30 BDIV short (o.wkend) +70.png Size: 88 KB
Appreciation is the key to wealth and happiness
  • #12,703
  • Mar 21, 2016 2:29am Mar 21, 2016 2:29am
Hey just want to ask is DOL important and why and how can I use it in my trading
  • #12,704
  • Mar 21, 2016 2:32am Mar 21, 2016 2:32am
Quoting trade786
Hey just want to ask is DOL important and why and how can I use it in my trading
look at your chart to see how price usually react around it at first touch of each day and you will find the answer (if you have not read my posts throughout the thread)
Appreciation is the key to wealth and happiness
  • #12,705
  • Mar 21, 2016 3:01am Mar 21, 2016 3:01am
as soon as I got out of GA div short from round number, it run over me
Attached Image (click to enlarge)
Click to Enlarge Name: 21.3.16 GA M30 DIV short@1.57p a, exited@7p a +50 +70.png Size: 62 KB
Appreciation is the key to wealth and happiness
  • #12,706
  • Mar 21, 2016 3:16am Mar 21, 2016 3:16am
in and out @ s/r from GN DIV
Attached Image (click to enlarge)
Click to Enlarge Name: 21.3.16 GN M30 DIV +60.png Size: 62 KB
Appreciation is the key to wealth and happiness
  • #12,707
  • Mar 21, 2016 3:23am Mar 21, 2016 3:23am
Attached Image (click to enlarge)
Click to Enlarge Name: 140.PNG Size: 26 KB
  • #12,708
  • Mar 21, 2016 3:32am Mar 21, 2016 3:32am
ECAD
Attached Image (click to enlarge)
Click to Enlarge Name: 21.3.16 ECAD M30 HS short@7.30p a.png Size: 74 KB
Appreciation is the key to wealth and happiness
  • #12,709
  • Mar 21, 2016 3:35am Mar 21, 2016 3:35am
Quoting sknight1
{image}
Nice and quick
Appreciation is the key to wealth and happiness
  • #12,710
  • Mar 21, 2016 3:42am Mar 21, 2016 3:42am
Quoting likica
{quote} Nice and quick

Thanks LK. Those are the best ones, aren't they.

Edit to add: And as soon as I get out, the damn thing keeps going. WTH ? Ah well, I'm happy with my +50. Price action has been wonky recently anyway.
  • #12,711
  • Mar 21, 2016 4:22am Mar 21, 2016 4:22am
Quoting likica
ECAD {image}

Hi likica ! it's monday and or i sleep not enough :-( or i not understand this entry i don't see divergence
can yopu explain when you have time
thanks
  • #12,712
  • Mar 21, 2016 4:24am Mar 21, 2016 4:24am
I am one of the followers on EU
Attached Image (click to enlarge)
Click to Enlarge Name: 21.3.16 EU M30 HD short+30.png Size: 84 KB
Appreciation is the key to wealth and happiness
  • #12,713
  • Mar 21, 2016 4:25am Mar 21, 2016 4:25am
Quoting pinux76
{quote} Hi likica ! it's monday and or i sleep not enough :-( or i not understand this entry i don't see divergence can yopu explain when you have time thanks
Your vision is all good, it's Head & shoulders type
Appreciation is the key to wealth and happiness
  • #12,714
  • Mar 21, 2016 5:55am Mar 21, 2016 5:55am
One of PM asked me this question:
"How do I train myself to identify divergences? I always see them after they have occurred. Is there something you do like label your charts or do you just see them as they happen?"
My answer is I don't use anything beside my eyes and for me I don't need to mark it for me to see but for whom that not so familiar with the set up and wish to learn from this thread.
Just take note when seeing price making higher high but TDI making lower high, wait for APB to close to confirm then enter on the next candle open or what I did was placing a pending order ( I missed the open of next candle so I hoped price got back and it did and it filled my order). Remember we trade on M30, that is you have 30 minutes to prepare provided price @S/R
Attached Image (click to enlarge)
Click to Enlarge Name: 21.3.16 GA M30 DIV.png Size: 34 KB
Appreciation is the key to wealth and happiness
  • #12,715
  • Mar 21, 2016 6:34am Mar 21, 2016 6:34am
thanx likica I will dedicate reading the whole thread your doing an awesome job of helping others trade profitably
  • #12,716
  • Mar 21, 2016 6:40am Mar 21, 2016 6:40am
Quoting likica
as soon as I got out of GA div short from round number, it run over me {image}

At what point would you of got out here if the trade went against you?
since your entry had began price closed over the 10 ema and also your trendline


sorry to get asking questions on exits, but exits are actually as important as entries imo
  • #12,717
  • Edited 7:17am Mar 21, 2016 7:04am | Edited 7:17am
Quoting kain775
{quote} At what point would you of got out here if the trade went against you? since your entry had began price closed over the 10 ema and also your trendline sorry to get asking questions on exits, but exits are actually as important as entries imo
I would let it stopping me out as I did not prepare to exit early. Note that the trade went -12pips against my entry in this case. I was very sure about this div as it bounced off a strong area (YH, BRN, PP,ATR).That little trend line was there for my entry as price closed below it, I would not look at that trend line for exit (just to clear any confusion you might have).
Exits are very important to me too. I am learning how to let profit running
Appreciation is the key to wealth and happiness
  • #12,718
  • Mar 21, 2016 7:12am Mar 21, 2016 7:12am
Quoting likica
One of PM asked me this question: "How do I train myself to identify divergences? I always see them after they have occurred. Is there something you do like label your charts or do you just see them as they happen?" My answer is I don't use anything beside my eyes and for me I don't need to mark it for me to see but for whom that not so familiar with the set up and wish to learn from this thread. Just take note when seeing price making higher high but TDI making lower high, wait for APB to close to confirm then enter on the next candle open...
.... i agree - even if there was a good indi to do this [i cant find 1] better 2 use eyes
  • #12,719
  • Mar 21, 2016 7:15am Mar 21, 2016 7:15am
Quoting likica
{quote} I would let it stopping me out as I did not prepare to exit early. Note that the trade went -12pips against my entry in this case. I was very sure about this div as it bounced off a strong area (YH, BRN, PP,ATR).That little trend line was there for my entry as price closed below it, I would not look at that trend line for exit (just to clear any confusion you might have). Exits are very important to me too
.... make no mistake ur SL/TP r absolutely critical 2 da max .... just about any system could b the holy grail if u know the best SL/TP per trade
  • #12,720
  • Mar 21, 2016 7:22am Mar 21, 2016 7:22am
Quoting likica
{quote} nice spot with patience
Thank LK still holding but watching it carefully to bail out if things change

Very keenly watching AC which is at weekly pivot
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADH4.png Size: 36 KB
In trading, you have to be defensive and aggressive at the same time
9 traders viewing now, 1 is registered:
vasile69