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TMS for M30 charts

  • #13,321
  • Apr 14, 2016 1:32pm Apr 14, 2016 1:32pm
ah i get it, the last two bull moves were quite strong so hoping for a repeat, shame it didn't happen!!!
With your experience you were able to get out with profit. always enlightening to see your charts and trades shows us all what is possible to achieve.
def. won't be trying that kind of trade any time soon, i'm rubbish at even decent TDI crosses
thank you very much
Fib(onacci) my way to glory
  • #13,322
  • Apr 14, 2016 6:46pm Apr 14, 2016 6:46pm
CJ trade, after taking 91 pips profit, my second smaller limit sell got triggered and its currently at -63 pips. profit were taken at 38% pivot level.
CJ took 56 pips. second smaller limit were triggered at a better area and currently -3 pips.
GA got 164 pips.
GU got 49 pips.

Just went long on UC. (this is a very small trade because I believe its in ranging condition).
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  • #13,323
  • Apr 14, 2016 11:17pm Apr 14, 2016 11:17pm
Quoting leescofield
GBPJPY lose{image} EURJPY lose{image} AUDUSD lose{image} GBPNZD lose{image}
Lee,
I don't know why I missed this post of yours. Those trades were facing S/R, and specially GJ EJ you entered very late. There is more chance for the move to go further when you enter on 1st or 2nd candle than on 7th or 8th candle as each move usually have 5 to 8 candles. Higher Low/ higher high should be considered for a buy, and lower high lower low are for the sell. If you are not sure what I am referring, pls visit www.babypips.com to study the basics. If you are building positions, you need to look at higher time frames W1 D1 H4, then zoom in M30 or even M15 to enter for a better price. There are many traders trading fx on M1 M5 but basis PA has to be abided and only go with the trend on higher time frame. When you can't find 4 reasons (like what was mentioned on my 1st post) to get in a trade, stay aside and watch.

Quoting awcharts
CJ trade, after taking 91 pips profit, my second smaller limit sell got triggered and its currently at -63 pips. profit were taken at 38% pivot level. CJ took 56 pips. second smaller limit were triggered at a better area and currently -3 pips. GA got 164 pips. GU got 49 pips. Just went long on UC. (this is a very small trade because I believe its in ranging condition). {image} {image} {image} {image}
good pipping awcharts, I noticed you let the trades running longer as long as price stayed in one side of the road (under 50MA)

Quoting billsmith
ah i get it, the last two bull moves were quite strong so hoping for a repeat, shame it didn't happen!!! With your experience you were able to get out with profit. always enlightening to see your charts and trades shows us all what is possible to achieve. def. won't be trying that kind of trade any time soon, i'm rubbish at even decent TDI crosses thank you very much
What is a decent TDI cross Bill?
Appreciation is the key to wealth and happiness
  • #13,324
  • Apr 15, 2016 12:17am Apr 15, 2016 12:17am
Quoting likica
{quote} Lee, I don't know why I missed this post of yours. Those trades were facing S/R, and specially GJ EJ you entered very late. There is more chance for the move to go further when you enter on 1st or 2nd candle than on 7th or 8th candle as each move usually have 5 to 8 candles. Higher Low/ higher high should be considered for a buy, and lower high lower low are for the sell. If you are not sure what I am referring, pls visit www.babypips.com to study the basics. If you are building positions, you need to...
I am going to the school now，learning HH LL
  • #13,325
  • Apr 15, 2016 3:11am Apr 15, 2016 3:11am
Potential hidden divergence on AJ H4 around 61 fib.
Thanks for your help, warmth and straight talking Heather.
  • #13,326
  • Edited 5:12am Apr 15, 2016 4:48am | Edited 5:12am
Quoting leescofield
{quote} I am going to the school now，learning HH LL
Hey Lee, I wasn't trying to come down hard on you yesterday, just wanting to see a little more imput from you into the forum.
Baby pips is a good start We've all been there avidly studying

In relation to that TDI divergence indicator you posted I've been thinking about it all day. I wouldn't trust in it too much, It only shows what has been, it doesn't show what is. Like most indicators it is historical, showing the past. I went home and tested it out.

I think Likica's excellent at spotting what is in PA right now, at this moment. I'm learning.
Here is a current pair that may show you what I mean by showing classical divergence as it is happening right now. Incidentally this pair would be worth watching because of it. I have the TDI divergence loaded but I'm sure you will be able to see the divergence I've marked. TDI div only shows a little bit whereas the PA divergence looks far stronger. I know there are some here who use PA a lot in their trading, this confirms why

If anyone does take the pair don't do it on my say so, do your own diligence with it.

Ps you will notice this chart is set as a line chart, that is because I was reading somewhere line charts can make it easier to spot divergence, one could always flick back to candles to compare the divergence in there as well.
Same chart on candles (APBs), divergence strikes through some of the wicks. Is that legal Likica
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"You know what needs to be addressed , completely completely reverse that".
  • #13,327
  • Apr 15, 2016 4:59am Apr 15, 2016 4:59am
Quoting leescofield
GBPJPY lose{image} EURJPY lose{image} AUDUSD lose{image} GBPNZD lose{image}
should beware of RN
  • #13,328
  • Apr 15, 2016 5:05am Apr 15, 2016 5:05am
Quoting Davit
Closed my NU shorts +325pips in 4 positions {image}
Another shorting opportunity?
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  • #13,329
  • Apr 15, 2016 6:00am Apr 15, 2016 6:00am
Quoting Kmw
{quote} Hey Lee, I wasn't trying to come down hard on you yesterday, just wanting to see a little more imput from you into the forum. Baby pips is a good start We've all been there avidly studying In relation to that TDI divergence indicator you posted I've been thinking about it all day. I wouldn't trust in it too much, It only shows what has been, it doesn't show what is. Like most indicators it is historical, showing the past. I went home and tested it out. I think Likica's excellent at spotting what is in PA right now,...
Good post Kmw. It's more than just divergence and it works best when bouncing off S/R. Ah, AU looks legal even though it does not show any divergence at my end ( I include wicks), price got rejected at S/R a few times with lower highs. I m in AJ short and UCAD long atm.

Quoting duderoo1
{quote} Another shorting opportunity? {image}
it is facing resistant, but no sign of bears yet, note that TDI too bullish
Appreciation is the key to wealth and happiness
  • #13,330
  • Apr 15, 2016 6:06am Apr 15, 2016 6:06am
Quoting Kmw
{quote} Hey Lee, I wasn't trying to come down hard on you yesterday, just wanting to see a little more imput from you into the forum. Baby pips is a good start We've all been there avidly studying In relation to that TDI divergence indicator you posted I've been thinking about it all day. I wouldn't trust in it too much, It only shows what has been, it doesn't show what is. Like most indicators it is historical, showing the past. I went home and tested it out. I think Likica's excellent at spotting what is in PA right now,...
The line chart shows the close price and as the tdi is set to the close thats why you can see divergence better with it. That is also why I have the stoch on my charts (set to the high/low) so I can see divergence against the wicks.
  • #13,331
  • Edited 7:07am Apr 15, 2016 6:32am | Edited 7:07am
Quoting Kmw
{quote} Hey Lee, I wasn't trying to come down hard on you yesterday, just wanting to see a little more imput from you into the forum. Baby pips is a good start We've all been there avidly studying In relation to that TDI divergence indicator you posted I've been thinking about it all day. I wouldn't trust in it too much, It only shows what has been, it doesn't show what is. Like most indicators it is historical, showing the past. I went home and tested it out. I think Likica's excellent at spotting what is in PA right now,...
Got it.
For now,I didn't use divergence in trading just PA,S/R.I want to learn divergence,but not right time to do.Only after I learnt it,I will start to deal with divergence.
So far I am learning the basic knowledge that and other neccessary I need to know.
http://www.babypips.com/school/high-...e-trading.html
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  • #13,332
  • Apr 15, 2016 6:34am Apr 15, 2016 6:34am
GJ @Support, I m not touching it as both way looks like a 'no thru road', and only benefits MM.
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Appreciation is the key to wealth and happiness
  • #13,333
  • Apr 15, 2016 6:36am Apr 15, 2016 6:36am
am in ecad and gcad will let this run for sometime checking the 4hr also will let it ride i cad know news is coming in less than 1hr time
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  • #13,334
  • Edited 6:57am Apr 15, 2016 6:41am | Edited 6:57am
Quoting lastingwell
{quote}The line chart shows the close price and as the tdi is set to the close thats why you can see divergence better with it. That is also why I have the stoch on my charts (set to the high/low) so I can see divergence against the wicks.


Ha, I wasn't owning up but I use stoch as well

Stacked, they are in my files on my profile
"You know what needs to be addressed , completely completely reverse that".
  • #13,335
  • Apr 15, 2016 6:56am Apr 15, 2016 6:56am
a little humor I ran across today, I luv this
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"You know what needs to be addressed , completely completely reverse that".
  • #13,336
  • Edited 7:29am Apr 15, 2016 7:16am | Edited 7:29am
Quoting Kanderpro
Potential hidden divergence on AJ H4 around 61 fib.
Got lucky perhaps as the hidden divergence can take many hours to be confirmed.
Entered on 30m on break of 3(minimum)-point trend line and close below PAC. (In these circumstances I won't take a trade without them.) Was twitchy about rejection at DOL and got stopped out at b/e.
Re-entered just a few pips later. This is where I was lucky as the DOL rejection can shoot away at any time in the hour or so after it touches. It didn't.
Targeted the H4 200ema and several wick tops.
+36
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Edit: Forgot to mention that the H4 hidden divergence was at R38 and there was a LH.
Thanks for your help, warmth and straight talking Heather.
  • #13,337
  • Apr 15, 2016 7:32am Apr 15, 2016 7:32am
in EA long this is my second entry for EA close the entry for a profit first at the daily open line.will let this one run i know ther is support at 1.4684 but looking at 4 hr for guide
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  • #13,338
  • Apr 15, 2016 7:37am Apr 15, 2016 7:37am
Quoting duderoo1
{quote} Another shorting opportunity? {image}
Just watch PA you'll know what to do
In trading, you have to be defensive and aggressive at the same time
  • #13,339
  • Apr 15, 2016 7:55am Apr 15, 2016 7:55am
Quoting Davit
{quote} Just watch PA you'll know what to do
Can you guide me what to look for if you don't mind?
  • #13,340
  • Apr 15, 2016 7:57am Apr 15, 2016 7:57am
saw this div. last night just before i stopped trading for the day,
placed a sell stop on my demo to see what would happen.
if i had set SL and TP could have got 50 pips
entry was where the red arrow was.
wondering if that was a good div. set up?
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Fib(onacci) my way to glory
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