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Attachments: TMS for Newbies Part 2
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TMS for Newbies Part 2

  • #161
  • Apr 11, 2016 3:42am Apr 11, 2016 3:42am
Quoting pips29
{quote} Hit
And the TDI showed the way!
If you are good at something, never do it for free--Joker
  • #162
  • Apr 11, 2016 3:44am Apr 11, 2016 3:44am
What a nice thread, a place to be. I don't know if I'm permitted to post here, because I takes my primary trades off M5 TF.



Happy trading,
Yomi.
Time always comes before price
  • #163
  • Apr 11, 2016 3:50am Apr 11, 2016 3:50am
Quoting fxrabbi
What a nice thread, a place to be. I don't know if I'm permitted to post here, because I takes my primary trades off M5 TF. Happy trading, Yomi.
As long as you trade with the tdi then you're welcome here.
  • #164
  • Apr 11, 2016 3:52am Apr 11, 2016 3:52am
Quoting pips29
{quote} nice catch...super fast, any reason for that move in the pound
I can't see anything in particular that would have pushed it up, then again very often the pound doesn't need a reason to suddenly move
  • #165
  • Apr 11, 2016 4:10am Apr 11, 2016 4:10am
hello to every one
i am new on this field...could an epxerienced on tms give a critic to my following trade?
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  • #166
  • Apr 11, 2016 4:11am Apr 11, 2016 4:11am
and here is the 4h
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  • #167
  • Apr 11, 2016 4:17am Apr 11, 2016 4:17am
Quoting lastingwell
{quote} As long as you trade with the tdi then you're welcome here.
Time always comes before price
  • #168
  • Apr 11, 2016 4:18am Apr 11, 2016 4:18am
Quoting koukou
and here is the 4h {image}
Welcome koukou, as an h4 trade its pretty good, the D1 is angled up, nice cross on h4, the only thing I would say is the stop loss is huge at around 150 pips because of the very large move personally I would have waited to see if pulls back at all first but thats just me.
  • #169
  • Apr 11, 2016 4:24am Apr 11, 2016 4:24am
thnx for your reply lw....
  • #170
  • Apr 11, 2016 4:37am Apr 11, 2016 4:37am
[quote=lastingwell;8865543]{quote}Welcome koukou, as an h4 trade its pretty good, the D1 is angled up, nice cross on h4, the only thing I would say is the stop loss is huge at around 150 pips because of the very large move personally I would have waited to see if pulls back at all first but thats just me.
​Hi Lastingwell so you are happy to take countertrend moves against the trend as long as the TF above is showing the tdi going in the same direction?
  • #171
  • Apr 11, 2016 4:46am Apr 11, 2016 4:46am
Quoting Scrambleguy
Quoting lastingwell
{quote}Welcome koukou, as an h4 trade its pretty good, the D1 is angled up, nice cross on h4, the only thing I would say is the stop loss is huge at around 150 pips because of the very large move personally I would have waited to see if pulls back at all first but thats just me. ​Hi Lastingwell so you are happy to take countertrend moves against the trend as long as the TF above is showing the tdi going in the same direction?
Yes thats exactly how I trade, the D1 has been angled up since the start of the day, and if you look how the d1 finished on Friday, it was an inverted hammer which also is a nice sign. However, the very large h4 candle would have put me off putting a trade in there as I said, 150 pips is huge I would have waited for a pullback.
  • #172
  • Apr 11, 2016 4:51am Apr 11, 2016 4:51am
GBPAUD H1 (work in progress) +53 banked rest still running
Initial trigger was seeing AUDUSD starting to drop.
Waited for the break of the trend line which was above DOL, Friday's high and Daily 10ema (which I've marked on the chart). TDI bounced off the MBL and 50 and red and green separating nicely. Waited for LO APB to close to make sure there was no fakey.
Entry looks a bit late but by the time I set Cavemanger and pulled the trigger it had moved 15 pips.
Still got some running as H4 is still looking quite good and it might be a chance to walk it up the TF. H1 has broken out of the VB which is a good sign.
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Edit: Should have said that the fact that price couldn't break DOL during Asian session was also a reason
Never argue with a fool; onlookers may not be able to tell the difference.
  • #173
  • Apr 11, 2016 5:12am Apr 11, 2016 5:12am
Quoting Lookleft
GBPAUD H1 (work in progress) +53 banked rest still running Initial trigger was seeing AUDUSD starting to drop. Waited for the break of the trend line which was above DOL, Friday's high and Daily 10ema (which I've marked on the chart). TDI bounced off the MBL and 50 and red and green separating nicely. Waited for LO APB to close to make sure there was no fakey. Entry looks a bit late but by the time I set Cavemanger and pulled the trigger it had moved 15 pips. Still got some running as H4 is still looking quite good and it might be a chance to walk...
  • #174
  • Apr 11, 2016 5:14am Apr 11, 2016 5:14am
[quote=lastingwell;8865593]{quote}{quote}Yes thats exactly how I trade, the D1 has been angled up since the start of the day, and if you look how the d1 finished on Friday, it was an inverted hammer which also is a nice sign. However, the very large h4 candle would have put me off putting a trade in there as I said, 150 pips is huge I would have waited for a pullback.[/quote

​Ok so that's why you took it on the h1 instead
  • #175
  • Apr 11, 2016 5:22am Apr 11, 2016 5:22am
Quoting Scrambleguy
Quoting lastingwell
{quote}{quote}Yes thats exactly how I trade, the D1 has been angled up since the start of the day, and if you look how the d1 finished on Friday, it was an inverted hammer which also is a nice sign. However, the very large h4 candle would have put me off putting a trade in there as I said, 150 pips is huge I would have waited for a pullback.[/quote ​Ok so that's why you took it on the h1 instead
I do prefer H1/h4 and when I took the trade H4 had been rejected from Fridays low and ended as a pin bar closing back above the daily open, so when there was a nice bullish candle on H1 I took the trade.
  • #176
  • Apr 11, 2016 5:34am Apr 11, 2016 5:34am
GU H4 - PA was trapped b/w strong D1 supp&res - supp was @ BRN - entry candle was engulfing [HA] candle - PA then bounced off D1 supp & BRN so i stayed in trade - first partial [PT] target hit - i have now set SL to break-even [BE] - from here i will let the trade run
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Attached Image
  • #177
  • Apr 11, 2016 5:41am Apr 11, 2016 5:41am
Quoting jmn5611
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.
its a community build & we now have a new version by lukeb .... it is more efficient now & can b used on MT5 .... just amazing wat traders can do 2 help each other
  • #178
  • Apr 11, 2016 5:47am Apr 11, 2016 5:47am
Anybody thats in the GJ h4 trade, its just reached Fridays high, if it can stay above that the weekly pivot is at roughly 154.60
  • #179
  • Apr 11, 2016 5:49am Apr 11, 2016 5:49am
griffinsoul I am following you for 4hr trading ur doing really well
  • #180
  • Apr 11, 2016 5:51am Apr 11, 2016 5:51am
Quoting trade786
griffinsoul I am following you for 4hr trading ur doing really well
Because he takes notice of PA and the timeframe above
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