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TMS for M30 charts

  • #15,741
  • Sep 26, 2016 4:43am Sep 26, 2016 4:43am
Quoting lddd
{quote} Hey there, whats the difference between the Angleator Indi and the One above Signal Price. I don't have these arrows above the Signal Price on my Charts so i am wondering. best, Roman
that's TMS 10EMA dashboard for some who take when they have all arrows on the same color of their trade. I stopped using it as I don't need them to tell me when to get in. Just that one of my acct turned weird today showing my old profile instead of what I used last week, that made you see that indie still there and I am lazy to do setting all again. I noticed it happened a few times in the past, but I didn't be bothered to find out why, as long as my chart has TDI STOC AND APB, I m happy...
Appreciation is the key to wealth and happiness
  • #15,742
  • Sep 26, 2016 4:58am Sep 26, 2016 4:58am
Quoting likica
{quote} that's TMS 10EMA dashboard for some who take when they have all arrows on the same color of their trade. I stopped using it as I don't need them to tell me when to get in. Just that one of my acct turned weird today showing my old profile instead of what I used last week, that made you see that indie still there and I am lazy to do setting all again. I noticed it happened a few times in the past, but I didn't be bothered to find out why, as long as my chart has TDI STOC AND APB, I m happy...
Thanks. Trying to find more information about the APB but canīt find where its covered yet.
  • #15,743
  • Sep 26, 2016 5:06am Sep 26, 2016 5:06am
Quoting lddd
{quote} Thanks. Trying to find more information about the APB but cant find where its covered yet.
Learn to master reading PA, one single APB has very light weight to depend on specially if you trade on M30, if price parks a good level, you can get in of a break of an outside bar or divergence or simply just a tdi cross. I m not an engineer type to analyse every single bar/candle/apb to make decision, you need to read price actions within a whole picture (look left)
Appreciation is the key to wealth and happiness
  • #15,744
  • Sep 26, 2016 7:01am Sep 26, 2016 7:01am
Quoting likica
{quote} Learn to master reading PA, one single APB has very light weight to depend on specially if you trade on M30, if price parks a good level, you can get in of a break of an outside bar or divergence or simply just a tdi cross. I m not an engineer type to analyse every single bar/candle/apb to make decision, you need to read price actions within a whole picture (look left)
Yeah thanks for your kind words. Appreciate your help.
  • #15,745
  • Sep 26, 2016 10:38am Sep 26, 2016 10:38am
GU trade today. Reason for trade: Double bottom off last weeks low. Div on TDI. 1 lot traded closing .80 at 25 pip profit.
Stop 10pips below previous low, moved between entry & DO once first profit taken.

Target ADR Hi which may be ambitious so may close at 1.30 if we get through 50ema.

At time of posting now close to end of day so will see how the balance of trade pans out and may close the balance.
Ray
Attached Image (click to enlarge)
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  • #15,746
  • Sep 26, 2016 10:55am Sep 26, 2016 10:55am
Hello , my trade of today : EU M30 (my only pair and time frame for following trades ) , after LO , waited to be above DOL as it was above 200 ema and with a good TDI angle , I took the trade , result a win of 22 pips.
Attached Image (click to enlarge)
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  • #15,747
  • Sep 26, 2016 11:41am Sep 26, 2016 11:41am
Quoting likica
{quote} Hi Kain, You spotted it right, only need to improve your trade management. Just sharing mine which I think it might help you to see...as mentioned a lot in my posts, practise to draw lines {image}

Ah,I see. If i had spotted that trendline I would have stayed in.


Quote
Learn to master reading PA,


I think this area I still have some work to do. I was quite optimistic last week and was feeling my trading was improving again. but I had a bad start to the week and my m30 counter trade short on eur/gbp failed [even emm thought it would win], and aud/jpy reversed on me after i sold with tdi and stocs over sold [although i managed to note the warning signs and flee aud/jpy early. ....and then i took a counter trade on nzd/usd m30 and it looked like it was going fail and could not get past a level for many hours .....and then i just started feeling very frustrated and a bit depressed and had to stop trading for rest of the day. Later though my trade won on nzdusd

i took on nzd/usd a counter trade on an inside bar breakout. it is my first one ever that worked.
but all that time it spent stuck at a level got me thinking. should I have classed that level as support and not traded?

have a look.
Initially thought it would be ok and not cause much problems because most recent price got through the support.
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  • #15,748
  • Edited 12:12pm Sep 26, 2016 12:01pm | Edited 12:12pm
Quoting kain775
{quote} Ah,I see. If i had spotted that trendline I would have stayed in. {quote} I think this area I still have some work to do. I was quite optimistic last week and was feeling my trading was improving again. but I had a bad start to the week and my m30 counter trade short on eur/gbp failed [even emm thought it would win], and aud/jpy reversed on me after i sold with tdi and stocs over sold [although i managed to note the warning signs and flee aud/jpy early. ....and then i took a counter trade on nzd/usd m30 and it looked like it was going fail...
Good that you bagged some green on NZ.
Just to remind you not to go long (counter trend trade) when price keeps making lower highs and lower lows even at S/R (it will eventually go up but you would not want to sit there during some retraces/ choppiness while bulls are not ready) and also remember not to go long when tdi still around oversold and stoc under 50.
look at my NU chart to see PA. some reasons I still can't read PA clearly from your chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 26.9.16 NZDUSDM30.png Size: 88 KB
Appreciation is the key to wealth and happiness
  • #15,749
  • Sep 26, 2016 12:32pm Sep 26, 2016 12:32pm
Quoting likica
{quote} Good that you bagged some green on NZ. Just to remind you not to go long (counter trend trade) when price keeps making lower highs and lower lows even at S/R (it will eventually go up but you would not want to sit there during some retraces/ choppiness while bulls are not ready) and also remember not to go long when tdi still around oversold and stoc under 50. look at my NU chart to see PA. some reasons I still can't read PA clearly from your chart. {image}

thanks for the advice.

however I am confused now as I thought I sometimes see you counter trade when price is still making lower highs and lower lows if you get a nice bullish apb on h1 or get an outside bar.......or are the rules you just told me to follow because I was getting a bit frustrated today?
  • #15,750
  • Sep 26, 2016 1:01pm Sep 26, 2016 1:01pm
Quoting kain775
{quote} thanks for the advice. however I am confused now as I thought I sometimes see you counter trade when price is still making lower highs and lower lows if you get a nice bullish apb on h1 or get an outside bar.......or are the rules you just told me to follow because I was getting a bit frustrated today?
I think you are not clear between counter trend and with trend trade. It must be easier to go with the trend...until you are clear with that, you dont go in counter trend trades Kain. By the way, I am talking about M30 trend (in case you ask) and specially your trades would fail go against when TDI and stoc are still around overbought/oversold. If you are not convinced about this, give me an example of my trade going against what I just said.
Appreciation is the key to wealth and happiness
  • #15,751
  • Sep 26, 2016 1:25pm Sep 26, 2016 1:25pm
Quoting likica
{quote} I think you are not clear between counter trend and with trend trade. It must be easier to go with the trend...until you are clear with that, you dont go in counter trend trades Kain. By the way, I am talking about M30 trend (in case you ask) and specially your trades would fail go against when TDI and stoc are still around overbought/oversold. If you are not convinced about this, give me an example of my trade going against what I just said.

perhaps I am just seeing the divergence and snapshot of the trade and assuming it is counter trade.

below is an example of one of your trades that to me looks counter trend.

how do you personally define a trend likica? some people say price must be above/below a MA, some say you must look to the left of your screen and if price is lower/above the furthest candle you can see you are in an uptrend/downtrend. I saw one guy even categorize a trend using supply and demand levels
Attached Image (click to enlarge)
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  • #15,752
  • Edited 1:49pm Sep 26, 2016 1:35pm | Edited 1:49pm
Quoting kain775
{quote} perhaps I am just seeing the divergence and snapshot of the trade and assuming it is counter trade. below is an example of one of your trades that to me looks counter trend. how do you personally define a trend likica? some people say price must be above/below a MA, some say you must look to the left of your screen and if price is lower/above the furthest candle you can see you are in an uptrend/downtrend. I saw one guy even categorize a trend using supply and demand levels {image}
I can't tell you if that chart has hidden div or not as it was zoomed in.
However, can you see that big bearish outside bar to tell you that bears was there before I went short? also my TDI and stoc were safe for shorting (no where near overbought)
Now, look at your NU chart again to see what you would go long against from the circle you marked on your chart? Study it and if you can't see the difference, you need to study again...until you see it at first glance.
I tell you a secret , find a divergence within hidden divergence then you know you are safe (not going against trend).
Here my EU chart (i posted earlier) but to make it clearer for you to see that my EU short was not a counter trend trade (in case you asked).
ok i need to go to bed. too many coffee today making awake
Attached Image (click to enlarge)
Click to Enlarge Name: 26.9.16 mon EURUSDM30 zoomed out for SR.png Size: 91 KB
Appreciation is the key to wealth and happiness
  • #15,753
  • Sep 26, 2016 2:04pm Sep 26, 2016 2:04pm
Quoting likica
{quote} I can't tell you if that chart has hidden div or not as it was zoomed in. However, can you see that big bearish outside bar to tell you that bears was there before I went short? also my TDI and stoc were safe for shorting (no where near overbought) Now, look at your NU chart again to see what you would go long against from the circle you marked on your chart? Study it and if you can't see the difference, you need to study again...until you see it at first glance. I tell you a secret , find a divergence within hidden divergence then you...

ok thanks

I shall try and incorporate these tips you have given into my trading. I took that eur/usd short as a counter trade lol. That's what I thought it was, and because it won I assumed I must of been doing it right ...but it looks like it was a continuation trade with divergence.

I also need to try and tell the difference better between continuation and counter trade.

oh and yes, get some sleep. sorry to of kept you up
  • #15,754
  • Edited 7:32pm Sep 26, 2016 2:21pm | Edited 7:32pm
Finally I can sleep...

UC : BN levels with TDI works wonders... earlier, I miss that last div, I thought it was fakey one.

M30 TF is really the best to look for Divs. If found on HTF, it needs confirmation with LTF to begin with... and verify if it may be 4 to 6 candles late or even done by the time you it see it.
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #15,755
  • Sep 26, 2016 7:16pm Sep 26, 2016 7:16pm
UC: Just launched an inter-continental ballistic missile and hit me on TP instantly... no complain. ; )-

Long entry... BN level support entry

by the way Miss Lk, you said last time you are putting up an FB page ... Lk Trading. Is it active already?
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #15,756
  • Sep 26, 2016 7:26pm Sep 26, 2016 7:26pm
EU: Short.... Sell limit hit just above BN levels... with working divs
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #15,757
  • Sep 26, 2016 8:55pm Sep 26, 2016 8:55pm
UC: Short... Divs
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #15,758
  • Sep 26, 2016 9:54pm Sep 26, 2016 9:54pm
Quoting likica
{quote} I can't tell you if that chart has hidden div or not as it was zoomed in. However, can you see that big bearish outside bar to tell you that bears was there before I went short? also my TDI and stoc were safe for shorting (no where near overbought) {image}
Iikica, I want to thank you for posts 15,748 on onward. They are really jems, the crux and epitome of TMS trading.
ITB - Seeing Orderliness amongst 'Randomness'
  • #15,759
  • Sep 26, 2016 10:01pm Sep 26, 2016 10:01pm
Quoting v2vboni
EU: Short.... Sell limit hit just above BN levels... with working divs {image}
You are. Didn't know market is so up on fire during asian . Congrats. Yeah, my FB name 'Likica Trading' is up and running, if you have time to come and contribute to the community...i m not a tech person, just simply share what s on my mind when I have a bit of time...
Appreciation is the key to wealth and happiness
  • #15,760
  • Sep 27, 2016 1:14am Sep 27, 2016 1:14am
Quoting likica
{quote} I can't tell you if that chart has hidden div or not as it was zoomed in. However, can you see that big bearish outside bar to tell you that bears was there before I went short? also my TDI and stoc were safe for shorting (no where near overbought) Now, look at your NU chart again to see what you would go long against from the circle you marked on your chart? Study it and if you can't see the difference, you need to study again...until you see it at first glance. I tell you a secret , find a divergence within hidden divergence then you...


I tried this today.
I decided to exit because an outside bar formed against me. I am wondering if there is anything wrong with my setup though . I had a hidden divergance and a regular div with it too

gbp/usd m30
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