TMS for Newbies Part 2 | Page 10 | Forex Factory

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

  • #181
  • Apr 11, 2016 5:55am Apr 11, 2016 5:55am
ECad H4 - exactly wat LW just said the D1 PA was look'n gr8 on entry - this was a classic TMS cross & PA double top'd & close below BRN - bounced off D1 res & broke thru W1 supp&res&BRN - so i hit it hard wit double the risk - 2 groups of 3 PT

....taken 2 PT so far 2 lock in some pips .... BE play from here on & we'll see wat happens
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  • #182
  • Apr 11, 2016 6:01am Apr 11, 2016 6:01am
Quoting lastingwell
{quote} Because he takes notice of PA and the timeframe above
Exactly what you taught me LW thanx
  • #183
  • Apr 11, 2016 6:22am Apr 11, 2016 6:22am
GBPAUD H1 (nearly all finished )
ADR and RN's came into play and there is heavy S/R to the left. TDI hook and M15 APB color change which for me is time to get out. Looks like a retrace and with AUDUSD rising there might be a ride down later today.
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Never argue with a fool; onlookers may not be able to tell the difference.
  • #184
  • Apr 11, 2016 7:01am Apr 11, 2016 7:01am
Seems to be a lot of Fed people talking this afternoon so trade safe.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #185
  • Apr 11, 2016 7:02am Apr 11, 2016 7:02am
Nice Thread my good friend Lastingwell, hope it all goes well!! Once better will join in too
  • #186
  • Apr 11, 2016 7:26am Apr 11, 2016 7:26am
Quoting josh11
Nice Thread my good friend Lastingwell, hope it all goes well!! Once better will join in too
That will be good, hope you get over your illness soon.
  • #187
  • Apr 11, 2016 8:14am Apr 11, 2016 8:14am
I haven't read all of the thread so apologies if any of my indies are contraband,,,,,

EJ Long

,,,just gone BE
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.... laughing all the way to the bank
  • #188
  • Apr 11, 2016 8:41am Apr 11, 2016 8:41am
Quoting itsallover
I haven't read all of the thread so apologies if any of my indies are contraband,,,,, EJ Long ,,,just gone BE {image}

,,,decided to close that +30
.... laughing all the way to the bank
  • #189
  • Edited 9:19am Apr 11, 2016 8:43am | Edited 9:19am
Watching NU approaching 38R previous spike
food for thought
NU opened 6801 (NY close) last 20ADR 68 and it already reached its daily travel.Not saying it won't go higher but its exhausted as far as today
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In trading, you have to be defensive and aggressive at the same time
  • #190
  • Apr 11, 2016 9:10am Apr 11, 2016 9:10am
Magic of pivots
38R on AU
Note trades must have TDI cross and PA confirm it.Pivots are road signs like STOP look
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In trading, you have to be defensive and aggressive at the same time
  • #191
  • Apr 11, 2016 9:21am Apr 11, 2016 9:21am
UC M30, this is my demo account,
i took this when the TDI crossed the MBL, i have TP at S61.
any thoughts ???
GA M30 - same reason as above - took when TDI crossed MBL, TP just above DOL.
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Fib(onacci) my way to glory
  • #192
  • Apr 11, 2016 9:26am Apr 11, 2016 9:26am
Quoting billsmith
UC M30, this is my demo account, i took this when the TDI crossed the MBL, i have TP at S61. any thoughts ??? {image}
Good Bill keep honing your skills
Food for thought. Trade $$ even 10C 50C a pip and that would make you care and pay attention.
In my view Demo does not have psychological aspect hence to some extend could become a hindrance.Make it count.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #193
  • Apr 11, 2016 9:28am Apr 11, 2016 9:28am
Quoting billsmith
UC M30, this is my demo account, i took this when the TDI crossed the MBL, i have TP at S61. any thoughts ??? GA M30 - same reason as above - took when TDI crossed MBL, TP just above DOL. {image} {image}
Watch the BRNs
Never argue with a fool; onlookers may not be able to tell the difference.
  • #194
  • Apr 11, 2016 9:35am Apr 11, 2016 9:35am
Quoting Davit
{quote} Good Bill keep honing your skills Food for thought. Trade $$ even 10C 50C a pip and that would make you care and pay attention. In my view Demo does not have psychological aspect hence to some extend could become a hindrance.Make it count. Regards
thanks davit,
i have been trading live but for some reason last week i couldn't get TMS to work for me, i would see the cross and then see a hundred other things that would stop me from taking the cross (BRN, DOL, S/R, news, sheer indecision ....), so gone back to demo to prove to myself that my reasoning is right...
Quoting Lookleft
{quote} Watch the BRNs
Lookleft,
on real account i probably would get out, but on demo i like to hold (till it hits either my TP or SL) to see what happens.. not sure if that is smart thing to do....

thank you all for your input
Fib(onacci) my way to glory
  • #195
  • Apr 11, 2016 9:37am Apr 11, 2016 9:37am
GA hit Fridays DOL and looks like it will go up now
Fib(onacci) my way to glory
  • #196
  • Apr 11, 2016 9:59am Apr 11, 2016 9:59am
Quoting Lookleft
{quote} Watch the BRNs
Nigel, do you use the BRN`s to trade away from too, not just as S&R?
  • #197
  • Apr 11, 2016 10:59am Apr 11, 2016 10:59am
Quoting itsallover
I haven't read all of the thread so apologies if any of my indies are contraband,,,,, EJ Long ,,,just gone BE {image}
Not a single bit of contraband in sight Very nice Kelly
  • #198
  • Apr 11, 2016 11:04am Apr 11, 2016 11:04am
Quoting Davit
Magic of pivots 38R on AU Note trades must have TDI cross and PA confirm it.Pivots are road signs like STOP look {image}
I wanted to point out how disappointed I am with these pivots, EU went through R38% by 5 pips before turning.....disappointing
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  • #199
  • Apr 11, 2016 11:06am Apr 11, 2016 11:06am
Quoting billsmith
{quote} Lookleft, on real account i probably would get out, but on demo i like to hold (till it hits either my TP or SL) to see what happens.. not sure if that is smart thing to do.... thank you all for your input
The best way to treat a demo account is to imagine your entire life savings are in there, trade as closely to how you would do it live.
  • #200
  • Apr 11, 2016 11:19am Apr 11, 2016 11:19am
Quoting lastingwell
{quote}I wanted to point out how disappointed I am with these pivots, EU went through R38% by 5 pips before turning.....disappointing {image}
Cashed in on it.5positions Exit 1410 about 90pips.

Still holding EG shorts
In trading, you have to be defensive and aggressive at the same time
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