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RiskyFX-M30 System 117 replies

Pulse M5, M15, M30,H1+ 9 replies

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Different between time frames M30 1H and 4H 2 replies

Attachments: TMS for M30 charts
Exit Attachments

TMS for M30 charts

Quoting likica
{quote} if you only focus on pivots or MA or DOL and divergence and hidden divergence by themself , you will fail, unless you look at higher time frames like H4 D1 to buil positions. Your problem is you fail to read price actions around those levels to see if buyers or sellers were strong at that moment, that why you were confused whether to buy or to sell. Can you see that price were stepping down? both big picture (look at swing to swing) and small picture (as marked on my chart with LH LL)

thanks, I can see the LH LL's you marked.
I think yes, reading the bigger picture and smaller picture is something i need to work on.

sometimes i have seen you count the big LH, LL's [bigger picture] to take a trade, but more often I see you using the smaller LH and LL , and more recently sometimes i take the smaller LH and LL trades. sometimes they win, sometimes they don't. I don't always post them. It's clear though that i need more practice in implementing it correctly.

i took a try at reading the big swings [below]
and tbh, with those LH's and LL's drawn in it does seem a bit silly for me to be bullish on the pair
Attached Image (click to enlarge)
Click to Enlarge Name: HL reading.png Size: 27 KB
Quoting likica
{quote} welcome back Pips. Hope all is well over there...
thanks, I wish you well too
the cautious seldom err....C
Quoting kain775
{quote} Hi, thanks for the feedback also. I will explain why I went long even though TDI was under the mbl, it was because I had support from the brn, and also the 61.8% fib which is drawn on my chart. so as i had multi support i went early without price being above the mbl. Likica often does this. however I now know that I shouldn't be going long at that point in the first place, due to the errors which have pointed out. as for the 34 ema, thanks. I only added it recently tbh, im still a little green on how to use it ...but im guessing price above...
It is risky when the tdi is under both the 50 and mbl when going long. I suggest you avoid such trades and trade when it's above the 50 or mbl to go long. At least you have one condition in your favour. Htf, S/r and pa (most important) all contribute to a successful trade..you just need not be the "best" to win in forex....just be good
the cautious seldom err....C
PA play double bottom with 2 BUOB, TDI and Stoch over 50
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-09-19 at 10.57.08 PM.png Size: 213 KB
Quoting longbk
PA play double bottom with 2 BUOB, TDI and Stoch over 50 {image}
good pipping Longbk
Appreciation is the key to wealth and happiness
here is my UCAD moves between S and R for studying and motivational purposes. If you zoom it in and out, you will see reasons for those trades...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 16 19.9.16 USDCADM30 +++.png Size: 96 KB
Click to Enlarge Name: 16 19.9.16 USDCADM30 +++(Zoomed out for BDIV, BHD).png Size: 103 KB
Appreciation is the key to wealth and happiness
Quoting likica
here is my UCAD moves between S and R for studying and motivational purposes. If you zoom it in and out, you will see reasons for those trades... {image} {image}


nice shot likica.


sometimes i feel like im so close, yet so far

usd/cad m30

I saw the big swings steeping up,
I saw the price @ support
I saw the small div and was thinking of entering where you entered but i was classing it as a counter trade because of the div and the bullish apb's on h1 wern't that big, so i waiting for HH's/HL's ...and mine looks a bit iffy and i wasn't sure if my HL was legit so i entered with 40% lots. where i entered was pretty close in price to you it turns out. my SL was behind my HL. And thats where I got stopped out. In hindsight perhaps i was being too ambitious to call it a HL and perhaps i should have not thought of the trade as a counter trade.

oh well..., gotta keep practicing i guess.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadtrade.png Size: 38 KB
Quoting longbk
PA play double bottom with 2 BUOB, TDI and Stoch over 50 {image}

I took this as well and won,
originally I was going to wait for the HH's/HL's but i was trying to do what prx62 does and observe the wicks and enter early. It worked in this case and then when finally the HH came i felt a lot more comfortable. price did take quite a while to go up though to the HH so im wondering if i got the phx62 entry wrong ..so not sure if i was lucky here ...but i would have definitely bought on the HH if i was not already in the trade.
Hello,

i still have some problems setting TMS 1.6 from post 1. I downloaded the package. Extracted Indicators to the right place. Extracted the template (tms 30 min white). Attached the template to some charts.

After that my chart looks like this

Attached Image (click to enlarge)
Click to Enlarge Name: tms_1.6_template-attached.jpg Size: 318 KB


Now whats else to do? The Angleator attaching manually to each chart? Well i tried this too but arrows and other data still not updating (stay the same for each chart)

No clue what i am missing. I am quiet new to this at all. Also it seems like people trading this strategy all have different setups.

Would be cool to get some beginners instructions. Looking through all the posts here leads to even more chaos. Seems everyone using different setups, charts, colors, indicators. Little bit confusing to someone who is new to it.

thanks in advance.
Quoting kain775
{quote} nice shot likica. sometimes i feel like im so close, yet so far usd/cad m30 I saw the big swings steeping up, I saw the price @ support I saw the small div and was thinking of entering where you entered but i was classing it as a counter trade because of the div and the bullish apb's on h1 wern't that big, so i waiting for HH's/HL's ...and mine looks a bit iffy and i wasn't sure if my HL was legit so i entered with 40% lots. where i entered was pretty close in price to you it turns out. my SL was behind my HL. And thats where I got stopped...

Hi Kain775

Market is dynamic and we only try to get our safe pips and maintain our equity that's why I am always trying to partially exit on 20-25 pips and put my SL to Break even+. I am also in same train but miss my final take profit.

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad m30.png Size: 65 KB



Thank You.
Newbie
Quoting lddd
Hello, i still have some problems setting TMS 1.6 from post 1. I downloaded the package. Extracted Indicators to the right place. Extracted the template (tms 30 min white). Attached the template to some charts. After that my chart looks like this {image} Now whats else to do? The Angleator attaching manually to each chart? Well i tried this too but arrows and other data still not updating (stay the same for each chart) No clue what i am missing. I am quiet new to this at all. Also it seems like people trading this strategy all have different setups....

Hi check the indi and template of page 1 and found there is one more folder in Indicator folder name tms 1 and some indicators are located there.
Error in expert tab.
Attached Image (click to enlarge)
Click to Enlarge Name: error2.png Size: 88 KB


Attached File(s)
File Type: rar TMS LK-16.rar   180 KB | 461 downloads


Kindly copy and paste all indi in indicator folder and apply the template. enjoy.
Newbie
Quoting shad4u2
{quote} Hi check the indi and template of page 1 and found there is one more folder in Indicator folder name tms 1 and some indicators are located there. Error in expert tab. {image} {file} Kindly copy and paste all indi in indicator folder and apply the template. enjoy.
thanks a lot. Looks better now.
What kind of candle sticks are used, Heiken Ashi?
Quoting kain775
{quote} im sorry lisat but i cannot see a bearish engulfing on h4. here is my naked chart below about the dol, i can see what you mean on the H4. are you saying we must wait for a h4 close of dol? I thought m30 was fine? {image}
No I did not mean you have to wait for h4 close what I wanted to say was the higher timeframe (and m30 as well) was very bearish at the time you took the trade. Look at the candle on your chart at 0.00 and the one following at 4:00 this is the defininition of an engulfing candle:

Engulfing candlestick patterns takes two candlesticks to be identified. A bullish engulfing pattern is characterized by a bullish candle whose body, the open and close engulfs the previous candle’s body. Conversely, a bearish engulfing pattern is characterized by a bearish candle whose body engulfs the previous candle’s body.

It is a stronger signal if it also engulfs the wicks but its not necessary. To see that pattern on h4, tdi strongly down, ll and lh on m30 all adds up to lower probability trade.
Success means going from failure to failure without loss of enthusiasm
Hi Lk,
Just want to know what is criteria for TDI overbought/oversold?
Does this below mean a divergence for a bullish trend for GBPUSD?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1-oanda-division7.png Size: 36 KB
Quoting lddd
Hello, i still have some problems setting TMS 1.6 from post 1. I downloaded the package. Extracted Indicators to the right place. Extracted the template (tms 30 min white). Attached the template to some charts. After that my chart looks like this {image} Now whats else to do? The Angleator attaching manually to each chart? Well i tried this too but arrows and other data still not updating (stay the same for each chart) No clue what i am missing. I am quiet new to this at all. Also it seems like people trading this strategy all have different setups....
From your pic, you did not have TMS_Angleator V3-RT2 on your indicator list for it to work.

Everyone can use any set up or any color that suits their eyes, as long as no additional indicators beside what attached on post #1.

We use Synergy_APB (some others from original TMS thread use HA). We focus on M30 and price actions together with TDI and stoc to determine our entries. So APB or HA or even normal candlesticks are fine as we don't look at one single candle to get in but the whole pic.

If you decide to give this a go, at least learn the basics (if you have not mastered PA reading) then combine with what have been applied here, for a few months to get familiar with the system. Do a lot of practice and post your trades here to share both winners and losses (if you wish to improve your trading).

Quoting NoQuit
Hi Lk, Just want to know what is criteria for TDI overbought/oversold?
overbought: around 75 or above
oversold: around 25 or below

Quoting birdnest
Does this below mean a divergence for a bullish trend for GBPUSD? {image}
I don't think there is any bullish divergence set up on your pic
Appreciation is the key to wealth and happiness
Likica, thank you for the reply.



But how do you suss out the right

divergence and not the fake ones?
My EU trade took yesterday, 2 positions.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 47 KB
G/a,G/n are facing support on the 4 hour and Gcad is getting close too after bouncing from there earlier...Any thoughts Likica?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUDH4.png Size: 67 KB
Click to Enlarge Name: GBPNZDH4.png Size: 65 KB
Click to Enlarge Name: GBPCADH4.png Size: 57 KB
the cautious seldom err....C
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