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TMS for Newbies Part 2

  • #141
  • Apr 10, 2016 1:37pm Apr 10, 2016 1:37pm
Quoting lastingwell
{quote}I post what the chart looked like at the time of entry for a reason, its so people can see at a glance what I was looking at when I took the trade, I don't post it at the time I take it because as you say, I am not a signal service, its only to (hopefully) benefit traders who can't imagine what the trade looked like at the start.
i think for me if you discus before entry/chart/reason ,i mean your daily watch pair/potential trade zone (PTZ)you are waiting to go long/short and why it will be great for newbie to learn and it will suit the name of this thread .i don't want see just entry..gain ..imho
Say something meaningful or Silence!!
  • #142
  • Apr 10, 2016 1:39pm Apr 10, 2016 1:39pm
Nice thread LW. @ Davit - I have fallowed many of your past posts and find that you have very good understanding of fundamental analysis.

Something I think everyone may benefit from is your experience in your daily, weekly, monthly fundamental analysis. Or lets say the process you go thru to get your fundamental bias for the day, week, month. If you could give a brief description of what sources you feel are valid that you use. I think if you describe the process you go thru would help many that find fundamental analysis somewhat difficult and don't know what to look at other than the FF calendar. By just describing the process, This will give a valid framework for others to follow and then others can make it there own, with time and experience.

LW - If you find this off topic for your thread - let me know and I will take this post down.

Regards
Live today like theres no tomorrow-- Prioritize like you will die today
  • #143
  • Apr 10, 2016 3:02pm Apr 10, 2016 3:02pm
Quoting lastingwell
{quote} hope to see you on here when you get a chance of course


,,,,don't you know it!


It looks like this will be a very popular thread judging from all the pages and you only started this thread the other day!!!!!!
.... laughing all the way to the bank
  • #144
  • Apr 10, 2016 4:04pm Apr 10, 2016 4:04pm
Quoting Davit
GM guys There were some references to my grab candles. If you are going to use then might as well understand how it works. Grab candles were introduced by R. Horner system based on 34EMA and recognized the value but modified it to use with 10EMA Its basically a visual 10EMA in candle form.Nothing weird or unusual 10EMA is a powerful MA on all TF's I use it often for trigger.Lots of traders using it including TMS traders.I don't think it changes TMS concept.Its just MA I am a visual person and like seeing things instantly.By simply looking at chart...
Davit, what does the the WAvg angle on the the Angulator represent?
If you are good at something, never do it for free--Joker
  • #145
  • Apr 10, 2016 4:26pm Apr 10, 2016 4:26pm
Quoting jmn5611
{quote} Davit, what does the the WAvg angle on the the Angulator represent?
Hi friend
Its based MA's around 5 so to me its quick way of knowing what PA is doing on HTF's
This was created by Griffinsoul help from others.He can give better more detail explanation.There is a whole thread on this.I am not using the latest but still newer version.
regards
thread here
In trading, you have to be defensive and aggressive at the same time
  • #146
  • Apr 10, 2016 4:42pm Apr 10, 2016 4:42pm
Just a note that people asking me things that are on my ignore list won't get response.They are on my ignore list for a reason.
I am generous person and share just about everything and also don't like flip flappers,liars,fake account creators showing great returns,BS gurus and so on.You get the drift.Thks
In trading, you have to be defensive and aggressive at the same time
  • #147
  • Apr 10, 2016 4:56pm Apr 10, 2016 4:56pm
Quoting iamsovereign
Nice thread LW. @ Davit - I have fallowed many of your past posts and find that you have very good understanding of fundamental analysis. Something I think everyone may benefit from is your experience in your daily, weekly, monthly fundamental analysis. Or lets say the process you go thru to get your fundamental bias for the day, week, month. If you could give a brief description of what sources you feel are valid that you use. I think if you describe the process you go thru would help many that find fundamental analysis somewhat difficult and don't...
Its not off topic just somewhat confusing, first I read this post by you: http://www.forexfactory.com/showthre...05#post8864405 and then the one above, no wonder you're on Davit's ignore list.
  • #148
  • Apr 10, 2016 5:49pm Apr 10, 2016 5:49pm
Quoting lastingwell
{quote}Its not off topic just somewhat confusing, first I read this post by you: http://www.forexfactory.com/showthre...05#post8864405 and then the one above, no wonder you're on Davit's ignore list.

Im on his ignore list because he is a , and he was out of line with his post and that's why there was no response, other than the way out.
just because your a A hole does not mean you cant trade. I respect him as a trader --- nothing personal -
Live today like theres no tomorrow-- Prioritize like you will die today
  • #149
  • Apr 10, 2016 6:15pm Apr 10, 2016 6:15pm
Quoting classy
{quote} i think for me if you discus before entry/chart/reason ,i mean your daily watch pair/potential trade zone (PTZ)you are waiting to go long/short and why it will be great for newbie to learn and it will suit the name of this thread .i don't want see just entry..gain ..imho
Good points classy and I will do my best to explain why I take trades. My trading is pretty simple though, I look to the h4 for my bias and that can change several times in a day, depending on the last 4 hour close, or a trendline close by, etc etc so I don't have a bias for the day, I have a bias for the next 4 hours.

If I'm trading the h4 chart itself, I have a bias for the day, because I'm looking at the daily candles as well as the daily tdi along with the h4 tdi etc.

Trading the weekly chart may suit some but most newbies are not equipped either financially or mentally to deal with the sort of drawdown that can bring and there is no need to. Of course you can take the weekly into account, but the weekly can retrace hundreds of pips before it goes back the way you expect, I'm a great believer in taking the pips on the way up and then on the way back down again.
  • #150
  • Apr 10, 2016 7:05pm Apr 10, 2016 7:05pm
Quoting Davit
{quote} Hi friend Its based MA's around 5 so to me its quick way of knowing what PA is doing on HTF's This was created by Griffinsoul help from others.He can give better more detail explanation.There is a whole thread on this.I am not using the latest but still newer version. regards thread here
Yeah, I went through the thread but somehow I missed the application. Thanks for the reply. Good to finally get in the saddle!
If you are good at something, never do it for free--Joker
  • #151
  • Apr 10, 2016 7:57pm Apr 10, 2016 7:57pm
Fine example of a good cross.
Attached Image (click to enlarge)
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If you are good at something, never do it for free--Joker
  • #152
  • Apr 11, 2016 12:03am Apr 11, 2016 12:03am
Quoting jmn5611
Fine example of a good cross. {image}
.7225 is where it is heading
the cautious seldom err....C
  • #153
  • Apr 11, 2016 12:06am Apr 11, 2016 12:06am
Quoting lastingwell
{quote}Good points classy and I will do my best to explain why I take trades. My trading is pretty simple though, I look to the h4 for my bias and that can change several times in a day, depending on the last 4 hour close, or a trendline close by, etc etc so I don't have a bias for the day, I have a bias for the next 4 hours. If I'm trading the h4 chart itself, I have a bias for the day, because I'm looking at the daily candles as well as the daily tdi along with the h4 tdi etc. Trading the weekly chart may suit some but most newbies are not equipped...
Take heed of what is posted here by LW
the cautious seldom err....C
  • #154
  • Apr 11, 2016 1:21am Apr 11, 2016 1:21am
Wow Griffin Soul, this angulator is a nice piece of equipment! Thanks for making this thing. It helps with pick the best crosses if there are several to choose from.
If you are good at something, never do it for free--Joker
  • #155
  • Apr 11, 2016 2:07am Apr 11, 2016 2:07am
Quoting lastingwell
{quote}If you look under his name he is now classed as a commercial member.
Which is such a great loss! He is a very good trader, and I must say that after he got kicked out of FF, he has still helped me via e-mail, and very important, without any commercial interest or whatsoever. It is such a shame that a valuable trader like him, who could contribute a lot more to TMS and whose only purpose was to help others, was forbidden to do so.
  • #156
  • Apr 11, 2016 2:10am Apr 11, 2016 2:10am
Quoting TheScorpS
{quote} unless one forgets to take a snap at the time of opening the trade
There is a solution for this: the simulator can recreate the time of entry. As Einstein said, "nothing is lost, everything is transformed."
  • #157
  • Apr 11, 2016 3:23am Apr 11, 2016 3:23am
GJ very fast 100 pips. I've put the Daily open line on my charts by popular demand Started off with the trade manager set at 50 pip take profit but it was moving so fast I changed it to 100 which also happened to be 80% of the daily ATR.
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  • #158
  • Apr 11, 2016 3:38am Apr 11, 2016 3:38am
Quoting pips29
{quote} .7225 is where it is heading
Hit
the cautious seldom err....C
  • #159
  • Apr 11, 2016 3:38am Apr 11, 2016 3:38am
Quoting Davit
{quote} Nice $$ trade my friend Have rest will pick up later. As a side note EG is worth watching potentially a huge correction in works
And Davit strikes again
  • #160
  • Apr 11, 2016 3:40am Apr 11, 2016 3:40am
Quoting lastingwell
GJ very fast 100 pips. I've put the Daily open line on my charts by popular demand Started off with the trade manager set at 50 pip take profit but it was moving so fast I changed it to 100 which also happened to be 80% of the daily ATR. {image} {image}
nice catch...super fast, any reason for that move in the pound
the cautious seldom err....C
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