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TMS for M30 charts

  • #14,161
  • Jun 2, 2016 10:46am Jun 2, 2016 10:46am
UJ closed
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GA running...
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  • #14,162
  • Jun 2, 2016 10:52am Jun 2, 2016 10:52am
and GN DIV (against H4 where price bounced off S/R)
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Appreciation is the key to wealth and happiness
  • #14,163
  • Jun 2, 2016 10:53am Jun 2, 2016 10:53am
Quoting saad007
UJ closed {image} GA running... {image}
Good trading Saad007
Appreciation is the key to wealth and happiness
  • #14,164
  • Jun 2, 2016 12:07pm Jun 2, 2016 12:07pm
Quoting likica
EN hidden div {image}
Hi, Lkc!
Why you opened sell right in SR line?
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  • #14,165
  • Jun 2, 2016 12:24pm Jun 2, 2016 12:24pm
This one had a DT and divergence too on H1, slowly trying to get the hang of different divergences
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I Have Learned to Take Some Losses to Make Profits
  • #14,166
  • Jun 2, 2016 8:35pm Jun 2, 2016 8:35pm
Quoting makron
{quote} Hi, Lkc! Why you opened sell right in SR line? {image}
I did not see it as SR, yes, you could say it was marked as S61 from pivots indicator. That 's why I usually remind traders to look at PA and act accordingly.
Here is my EN m30 zoom out for you to see where is major SR area.
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Click to Enlarge Name: 2.6.16 EN view for SR.png Size: 82 KB
Appreciation is the key to wealth and happiness
  • #14,167
  • Jun 2, 2016 8:44pm Jun 2, 2016 8:44pm
Quoting TheScorpS
This one had a DT and divergence too on H1, slowly trying to get the hang of different divergences {image}
Good trading TSS.
You just need an adjustment for the drawing for a bearish hidden divergence where price has lower highs and TDI has higher highs
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Appreciation is the key to wealth and happiness
  • #14,168
  • Jun 2, 2016 8:46pm Jun 2, 2016 8:46pm
Quoting likica
{quote} I did not see it as SR, yes, you could say it was marked as S61 from pivots indicator. That 's why I usually remind traders to look at PA and act accordingly. Here is my EN m30 zoom out for you to see where is major SR area. {image}
I see you alway do aggressive trade as soon as price bounce off or break out SR, should we wait until price make retrace and come back into the right way to entry ? So how to entry an aggressive trade ?
  • #14,169
  • Jun 2, 2016 9:20pm Jun 2, 2016 9:20pm
Quoting longbk
{quote} I see you alway do aggressive trade as soon as price bounce off or break out SR, should we wait until price make retrace and come back into the right way to entry ? So how to entry an aggressive trade ?
No, Longbk, I don't do any aggressive trade without price structures that is a nice bounce with hidden or divergence with an outside bar or a breakout of a trendline or hh hl lh ll etc. from the divergences off a strong SR. You won't get very far to be aggressive whether in trading or in life, time will tell you that. Management is vital to get above the water and to get to the other side...not sure where you got that statement that I always take aggressive trades, I guess you picked on one or two posts where you saw me drawing trendline and took a breakout (there was more than a breakout, if you looked at those trades closely).

I noticed that some traders took my trading style, chopped it and only applied a small piece to their trading and failed ...can't be a specialist within a few months or even a few years in any profession, we all know that...I got one PM asking me for stats saying that he/she will be on holiday soon and want money from trading...I thought it's a joke so I did not answer that PM. He/she now can read it from here.
Appreciation is the key to wealth and happiness
  • #14,170
  • Jun 2, 2016 9:54pm Jun 2, 2016 9:54pm
Quoting likica
{quote} Good trading TSS. You just need an adjustment for the drawing for a bearish hidden divergence where price has lower highs and TDI has higher highs {image}
Thanks Lik, really couldn't see that , very kind of you to help me in the chart and noted that bearish hidden,
I Have Learned to Take Some Losses to Make Profits
  • #14,171
  • Jun 3, 2016 12:17am Jun 3, 2016 12:17am
Quoting likica
{quote} Good trading Saad007
I have learnt so much from you, thanks to you.GA closed
  • #14,172
  • Jun 3, 2016 12:24am Jun 3, 2016 12:24am
Quoting likica
{quote} No, Longbk, I don't do any aggressive trade without price structures that is a nice bounce with hidden or divergence with an outside bar or a breakout of a trendline or hh hl lh ll etc. from the divergences off a strong SR. You won't get very far to be aggressive whether in trading or in life, time will tell you that. Management is vital to get above the water and to get to the other side...not sure where you got that statement that I always take aggressive trades, I guess you picked on one or two posts where you saw me drawing trendline...
i'm here at the first post of this thread and i'm better than before cause of many help from you and others, thank you all
  • #14,173
  • Jun 3, 2016 12:54am Jun 3, 2016 12:54am
Quoting likica
{quote} I don't enter trades from H4 (unless I was late for entries on M30), just checking for congruence, everything done on m30, so don't ask me how to trade on H4. If you go over all my posts, you will see I did trade against H4 with success. Here is an example of EU taken today, at the time of the entry, H4 was bull, then turned to red bounced off BRN form hidden, while M30 has a divergence( I did not monitor it so, don't ask me how I could handle such a bounce). I spotted a good set up, let it be. Isn't that beautiful? the power...
thank you for the clear answer, I appreciate your kindness.

1) how many trades are you taking per days (average) as I am following for now just 3 pairs EU , EG , EC with just a trade each at maximum per day so as for me 3 trades per day max but for you ?

2) aren't you afraid to trade a Euro pair a few hours before Draghi'release or speach ?
  • #14,174
  • Edited 1:28am Jun 3, 2016 1:10am | Edited 1:28am
Quoting bodal
{quote} thank you for the clear answer, I appreciate your kindness. 1) how many trades are you taking per days (average) as I am following for now just 3 pairs EU , EG , EC with just a trade each at maximum per day so as for me 3 trades per day max but for you ? 2) aren't you afraid to trade a Euro pair a few hours before Draghi'release or speach ?
You do what you feel comfortable with Bodal. Thoses 3 pairs has moderate moves and not too hard to handle. I have AU GU EU NU EJ GJ EA GA EN GN UCAD ECAD (12 pairs) H1 chart in 1 monitor up there all the time. When spotting any pair parking at S/R, I now look at m30 (from 2nd monitor) to get in...I rarely trade AU NU , rather having them up for reference to trade the cross pairs. I found myself hardly got in 1 pair but at least 2 pairs or 3 or even upto 6 per day.
I m not afraid of Draghi's ( only NFP and FOMC scare me), I could get in any trades if there s a good set up with good R:R.
Watch out J's pairs in case someone want to go short, I smell fish around. Don't ask why, just watching... might jump in a long later if PA presents plus TDI crosses.

Just to remind you all, take care and stay away 8.30AM EST for NFP news
Appreciation is the key to wealth and happiness
  • #14,175
  • Jun 3, 2016 3:19am Jun 3, 2016 3:19am
Quoting likica
{quote} You do what you feel comfortable with Bodal. Thoses 3 pairs has moderate moves and not too hard to handle. I have AU GU EU NU EJ GJ EA GA EN GN UCAD ECAD (12 pairs) H1 chart in 1 monitor up there all the time. When spotting any pair parking at S/R, I now look at m30 (from 2nd monitor) to get in...I rarely trade AU NU , rather having them up for reference to trade the cross pairs. I found myself hardly got in 1 pair but at least 2 pairs or 3 or even upto 6 per day. I m not afraid of Draghi's ( only NFP and FOMC scare me), I could get in...
thank you very much for your detailed answer !
  • #14,176
  • Jun 3, 2016 6:21am Jun 3, 2016 6:21am
Quoting likica
{quote} I don't enter trades from H4 (unless I was late for entries on M30), just checking for congruence, everything done on m30, so don't ask me how to trade on H4. If you go over all my posts, you will see I did trade against H4 with success. Here is an example of EU taken today, at the time of the entry, H4 was bull, then turned to red bounced off BRN form hidden, while M30 has a divergence( I did not monitor it so, don't ask me how I could handle such a bounce). I spotted a good set up, let it be. Isn't that beautiful? the power...
Hi Likica, when you trade with 30M, do you use H4/D1 chart to see the current market trend first then decide to take trade base on confirmation? if H4/D1 chart is showing uptrend then you are only interested to take long trade at 30M is it? thanks!
  • #14,177
  • Jun 3, 2016 6:21am Jun 3, 2016 6:21am
Quoting likica
{quote} No, Longbk, I don't do any aggressive trade without price structures that is a nice bounce with hidden or divergence with an outside bar or a breakout of a trendline or hh hl lh ll etc. from the divergences off a strong SR. You won't get very far to be aggressive whether in trading or in life, time will tell you that. Management is vital to get above the water and to get to the other side...not sure where you got that statement that I always take aggressive trades, I guess you picked on one or two posts where you saw me drawing trendline...
likica I dont know where you read that I want money from trading. I just ask you how much is realistic to make day trading, I ask you beacuse you always do day trading and you have experience. And I write that I have holiday 2 months where I can spend my whole day learning. And i add that i have my whole life to learn to trade beacuse I am ready to learn Forex. And I choose to learn your style from your thread. And I dont see why is my question joke. Yes it is newbie question, but i dont say that I want money ftom Forex in this 2 months.thanks
  • #14,178
  • Jun 3, 2016 6:45am Jun 3, 2016 6:45am
Quoting FXgunner1969
{quote} Hi Likica, when you trade with 30M, do you use H4/D1 chart to see the current market trend first then decide to take trade base on confirmation? if H4/D1 chart is showing uptrend then you are only interested to take long trade at 30M is it? thanks!
No, the reasons are I check H4 or sometimes D1 to see if it is sitting or facing S/R, or when M30 looks choppy.
Appreciation is the key to wealth and happiness
  • #14,179
  • Edited 8:36am Jun 3, 2016 6:55am | Edited 8:36am
Quoting skljsklj1
{quote} likica I dont know where you read that I want money from trading. I just ask you how much is realistic to make day trading, I ask you beacuse you always do day trading and you have experience. And I write that I have holiday 2 months where I can spend my whole day learning. And i add that i have my whole life to learn to trade beacuse I am ready to learn Forex. And I choose to learn your style from your thread. And I dont see why is my question joke. Yes it is newbie question, but i dont say that I want money ftom Forex in this 2 months.thanks...
In that case I am sorry to have misundertood about the trading money for the holiday, that is why I thought it was a joke.

I don't know how long you have been learning and practising and trading demo account and live account, so can't say how much I earn has anything to do with how much you can and also how much capital you have and how well you manage your trades, so what seems to be realistic amount of pips I can earn but you won't until maybe 5 years later... Therefore, what is a realistic answer to you right now? you have to ask yourself not me.

To add in what you asked if it is a safe job, I am telling you this is not a job but a business, so it is not safe and you won't receive a stable income and involves risks. Do some researches to compare benefits/risks of a business owner to an employee...

If you like my trading style, at least you need to spend time to read all my posts since I started this thread and you will find all answers include how many pips per week and success rate, etc.
Appreciation is the key to wealth and happiness
  • #14,180
  • Jun 3, 2016 8:36am Jun 3, 2016 8:36am
Quoting likica
{quote} In that case I am sorry to have misundertood about the trading money for the holiday, that is why I thought it was a joke. I don't know how long you have been learning and practising and trading demo account and live account, so can't say how much I earn has anything to do with how much you can and also how much capital you have and how well you manage your trades, etc. To add in what you asked if it is a safe job, I am telling you this is not a job but a business, so it is not safe and you won't receive a stable income and involves risks....
ok tank you likica, my english is not good maybe is this reason why you dont understand my question. Thank you!
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