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TMS for M30 charts

  • #12,961
  • Mar 30, 2016 11:21pm Mar 30, 2016 11:21pm
Quoting likica
NU [email protected] to have a guide while looking for signals on GN EN... {image}
I am short on NU ATM
In trading, you have to be defensive and aggressive at the same time
  • #12,962
  • Mar 30, 2016 11:22pm Mar 30, 2016 11:22pm
Quoting likica
{quote} Zoom the chart out to see a bigger picture, find at least 3 point to join/draw a trend line. Do the same with the other line making it parallel to the first line. You might see sometimes, price goes out of the line (stop hunting from MM) then it goes back to the channel. Of course it might keep going but if S/R nearby and you wish to bag at least 30-50pips and by the look between the distant of your entry to the nearest S/R too small, you are sitting there worried...just my thoughts not only for this trade... Today (Thurs 31st) is the...
Thank you likica will learn to draw it and omonisha thank also for the diagram can see how price respect those point at the extreme of the channel
  • #12,963
  • Mar 30, 2016 11:24pm Mar 30, 2016 11:24pm
Look how interesting GN D1 has been following trend line to the South since that spike. Note that W1 is currently sitting at 200ma (support) and if NU @R, will GN start to turn around early next month?
Attached Image (click to enlarge)
Click to Enlarge Name: 31.3.16 GN D1.png Size: 92 KB
Appreciation is the key to wealth and happiness
  • #12,964
  • Mar 30, 2016 11:25pm Mar 30, 2016 11:25pm
Quoting Davit
{quote} I am short on NU ATM
Appreciation is the key to wealth and happiness
  • #12,965
  • Mar 30, 2016 11:30pm Mar 30, 2016 11:30pm
Quoting Davit
{quote} Hi T. Its a good question which I answered here but will do again When I place a trade I ask myself simple question. Is the pair trending or ranging Once identified correctly then I attack accordingly.I mentioned here before that I love pairs that are in a range.Its not the norm most books and systems avoid range trending but that's missing significant winning edge.Range allows repeated entries on every swing until it no longer ranges. AC has been ranging since dec of 2015. Both CAD and Aussie are commodity pairs hence its natural that they...
thank you davit learning from your wealth of experience
  • #12,966
  • Mar 30, 2016 11:35pm Mar 30, 2016 11:35pm
Quoting toksy
{quote} thank you davit learning from your wealth of experience
My best advise is trade small.Small allows relaxed mind and relaxed brain makes better decisions.
Worst thing you can do is trade larger lots when you are not ready. (been there and did burn serious cash myself)
Wished someone told me what I am telling you now when I started.
green pips
In trading, you have to be defensive and aggressive at the same time
  • #12,967
  • Mar 31, 2016 1:32am Mar 31, 2016 1:32am
Quoting likica
{quote} Thanks for giving out a hand OS. good big pic ( I forgot to look at D1 sometimes)
You don't need to look at D1 LK. You know very well where the puzzles are
Sad i'm not trying to understand PA
  • #12,968
  • Mar 31, 2016 3:43am Mar 31, 2016 3:43am
entered AJ and it still running i might have to close manually with about 23pips.lot of things draw a channel and i saw hidden divergent which shows continuation of the uptrend,regular divergent which correlate with the hidden divergent going upward.comment welcome
Attached Image (click to enlarge)
Click to Enlarge Name: ajTODAY.png Size: 42 KB
  • #12,969
  • Mar 31, 2016 3:50am Mar 31, 2016 3:50am
+50 on GJ h4 last night just took it down to the next support. Divergence and closed back below R61% took it on m30 when it closed below the trendline.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYH431-03.png Size: 31 KB
Click to Enlarge Name: GBPJPYH431-03(2).png Size: 31 KB
Click to Enlarge Name: GBPJPYM3031-03.png Size: 38 KB
  • #12,970
  • Mar 31, 2016 4:33am Mar 31, 2016 4:33am
Currently short in UCad. As Likica says, I was wary of the first touch of the day on the dol so when it didn't move very far and came back I entered. Has a few wicks to get through.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM30.png Size: 47 KB
Thanks for your help, warmth and straight talking Heather.
  • #12,971
  • Mar 31, 2016 4:44am Mar 31, 2016 4:44am
Quoting lastingwell
+50 on GJ h4 last night just took it down to the next support. Divergence and closed back below R61% took it on m30 when it closed below the trendline. {image} {image} {image}
Hi Lastingwell,

which indicator are you using to display pips on chart. if possible can you please share the indicator...


thank you,
  • #12,972
  • Mar 31, 2016 4:52am Mar 31, 2016 4:52am
Quoting ven16
{quote} Hi Lastingwell, which indicator are you using to display pips on chart. if possible can you please share the indicator... thank you,
I'm using this one attached.
Attached File(s)
File Type: ex4 pipsometer_decimal_edit_2.ex4   14 KB | 315 downloads
File Type: mq4 pipsometer_decimal_edit_2.mq4   4 KB | 322 downloads
  • #12,973
  • Mar 31, 2016 7:41am Mar 31, 2016 7:41am
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM30.png Size: 55 KB
Thanks for your help, warmth and straight talking Heather.
  • #12,974
  • Mar 31, 2016 11:00pm Mar 31, 2016 11:00pm
EJ potential long...(note that TDI<32) no trade yet unless next candle...tdi moves out of the zone
Attached Image (click to enlarge)
Click to Enlarge Name: 1.4.16 Fri EJ M30 HD@3p a.png Size: 86 KB
Appreciation is the key to wealth and happiness
  • #12,975
  • Mar 31, 2016 11:45pm Mar 31, 2016 11:45pm
EN@Resistant
Attached Image (click to enlarge)
Click to Enlarge Name: 1.4.16 Fri EN m30 div forming@3.41p a (mid9 ny).png Size: 89 KB
Appreciation is the key to wealth and happiness
  • #12,976
  • Apr 1, 2016 5:04am Apr 1, 2016 5:04am
Quoting likica
EJ potential long...(note that TDI<32) no trade yet unless next candle...tdi moves out of the zone {image}

I thought it was supposed to be a good setup if TDI <32 and looking to go long or TDI >68 and looking to go short because price was overbought/oversold and ready for a reversal?

guess i was wrong........
  • #12,977
  • Apr 1, 2016 5:10am Apr 1, 2016 5:10am
Quoting kain775
{quote} I thought it was supposed to be a good setup if TDI <32 and looking to go long or TDI >68 and looking to go short because price was overbought/oversold and ready for a reversal? guess i was wrong........
That thought is contrary to my rules. TDI has to move out of 32 for a long and out of 68 to be safe for a short.
EJ update: exited at DOL, leaving a small position running, not quite sure if it can go thru DOL since EU having double tops atm.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.4.16 Fri EJ M30 HD short @3p a, exited partial at DOL.png Size: 83 KB
Appreciation is the key to wealth and happiness
  • #12,978
  • Apr 1, 2016 5:11am Apr 1, 2016 5:11am
Quoting kain775
{quote} I thought it was supposed to be a good setup if TDI <32 and looking to go long or TDI >68 and looking to go short because price was overbought/oversold and ready for a reversal? guess i was wrong........

No not wrong. Dean Malone the inventor of the TDI indicators and system specifically states that is is good to look for longs below 32 and shorts above 68.
LK and others here have discovered that this does not mean a blanket permission to jump on all such trades. the market can remain overbought and oversold for longer than we think, so caution is advised in these cases
  • #12,979
  • Apr 1, 2016 5:28am Apr 1, 2016 5:28am
ok thanks,

not sure if this is a good potential setup for a long or not but on gbpaud m30 it appears price is at support [both price and fib] and the atr for the day has been reached, also divergance
Attached Image (click to enlarge)
Click to Enlarge Name: tmssupgbpaud.png Size: 39 KB
  • #12,980
  • Apr 1, 2016 5:32am Apr 1, 2016 5:32am
Quoting kminler
{quote} No not wrong. Dean Malone the inventor of the TDI indicators and system specifically states that is is good to look for longs below 32 and shorts above 68. LK and others here have discovered that this does not mean a blanket permission to jump on all such trades. the market can remain overbought and oversold for longer than we think, so caution is advised in these cases
It's interesting to hear that, Kminler. Is DM happened to be working for a broker too? Thanks for bringing it up and it 's good to make it clearer for those who are new here.
Appreciation is the key to wealth and happiness
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