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TMS for M30 charts

  • #15,921
  • Oct 12, 2016 1:37am Oct 12, 2016 1:37am
Quoting pips29
{quote} similar one here which I missed for I was on the 1 hour chart....I am surprised you did not trade this {image}
It turned out nice, didn't it? I saw it but it was some fences nearby preventing the chicken in me to join the ride Pips :-(
Appreciation is the key to wealth and happiness
  • #15,922
  • Oct 12, 2016 3:14am Oct 12, 2016 3:14am
Quoting TheScorpS
Shorted LO open and closed with 5 pips , after LO set the high of the day, went short again and closed for +30 pips {image}
Hi ,
It seems that you have a sort of "Phx60" style (you must shurely have been impressed by this trader as we all have been for those having read everything on TDI !). As you are specialized on one currency Eur/udA , may I ask you your average win ratio and average SL/TP ? In order for me to compare with my results on Eur/Usd , M30 trading :
- win ratio = 50% on Demo account , 'I must on it to reach the famous 70% level !)
- SL = the closest between DOL or 50ema or 200 ema , but not more than 30 pips ,
- TP = not less than 30 pips ,
For the style , its ( Xman + Phx60 + LE1 + Big E + etc...) cooked with LIKICA's sauce.
Best regards
  • #15,923
  • Edited 11:42am Oct 12, 2016 6:23am | Edited 11:42am
Quoting bodal
{quote} Hi , It seems that you have a sort of "Phx60" style (you must shurely have been impressed by this trader as we all have been for those having read everything on TDI !). As you are specialized on one currency Eur/udA , may I ask you your average win ratio and average SL/TP ? In order for me to compare with my results on Eur/Usd , M30 trading : - win ratio = 50% on Demo account , 'I must on it to reach the famous 70% level !) - SL = the closest between DOL or 50ema or 200 ema , but not more than 30 pips , - TP = not less than 30 pips , For...
What ever style to trading you choose, will lead you to becomes successful trader, but u will need to understand that it will take u long time to do it, as it will take me, that is very important to understand

Regarding TP/SL I go with 50/50 for both, trading H1/M30 , but taking entries anywhere from M15 to H1, and same goes for exit, I do the same

Being consistent in what u do is what matter at the end of the day, repeating entries and exist until you form an edge that u can use and repeat everyday

You still have a lot before you reach 70% and even then u will have to make sure that u can stay positive at that percentage.
My average is 70% and has been for a year now but I still have not perfected my trading so still learning as well

I choose to follow phx62 style but developed along the way my trading style , so choose whatever trader u like to mimic and build you own trading style , as you might know phx62 dosent uses EMA 10 while I use it in my trading

You can go with 30/30 TP/SL for the time being specially if that helps you gain consistent pips rather than going for bigger pips, but learn to adapt to market conditions, when market is giving you better learn to take and when not , same goes for exit in a loss or cutting losers short, as that can help a lot in keeping the account curve going up not stalling or reversing down as those lost trades when not handled well can bring back all the pips gained back to starting point

Here you can learn very important lesson from Lickica , thats structure to left and divergence, trend-lines tradings, those are critical in TMS trading, and have high win rate ratios once one understands how to trade them

Good Luck
I Have Learned to Take Some Losses to Make Profits
  • #15,924
  • Oct 12, 2016 10:17am Oct 12, 2016 10:17am
Quoting TheScorpS
{quote} What ever style to trading you choose, will lead you to becomes successful trader, but u will need to understand that it will take u long time to do it, as it will take me, that is very important to understand Regarding TP/SL I go with 50/50 for both, trading H1/M30 , but taking entries anywhere from M15 to H1, and same goes for exit, I do the same Being consistent in what u do is what matter at the end of the day, repeating entries and exist until you form an edge that u can use and repeat everyday You still have a lot before you reach...
thank you for your very complete answer !
I do agree with all your comments and especially the one saying that here at Likica's thread , it the best , quiet and friendly way to learning and I thank her once more !
best regards
  • #15,925
  • Oct 12, 2016 10:08pm Oct 12, 2016 10:08pm
Good Morning,
EURJPY M30: Nice Hidden Div on BRN+Double Top+Pivot.Hope some body also involve in this trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-10-13_8-29-38 EURJPY M30.png Size: 69 KB

Thank You.
$
Newbie
  • #15,926
  • Oct 13, 2016 1:27am Oct 13, 2016 1:27am
UJ: Divergence (Short)

Closed & Open trade below...
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 41 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #15,927
  • Oct 13, 2016 2:08am Oct 13, 2016 2:08am
Quoting v2vboni
UJ: Divergence (Short) Closed & Open trade below... {image}
Superb V2 (y) Nice trading.
USDJPY H1:
Price sitting Support right now if it hold then it maybe go up but there is lots of problematic zone like RN 104, Daily Resistance , ATR made for today.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-10-13_12-24-36 USDJPY H1.png Size: 65 KB


Thank You.
$
Newbie
  • #15,928
  • Oct 13, 2016 2:57am Oct 13, 2016 2:57am
Quoting shad4u2
{quote} Superb V2 (y) Nice trading. USDJPY H1: Price sitting Support right now if it hold then it maybe go up but there is lots of problematic zone like RN 104, Daily Resistance , ATR made for today. {image} Thank You. $
Thanks, you too! congrats to your EJ trade.

I took another short entry on UJ but my SL got hit with 2pips gain only... so I got 80 pips total from UJ alone today.

It is sitting on top of 200 EMA earlier. However, it might get tested again .. maybe up to 103.500 as support. At the moment, 104.500 is the resistance level.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #15,929
  • Oct 13, 2016 5:34am Oct 13, 2016 5:34am
eurcad
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (14).png Size: 14 KB
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #15,930
  • Oct 14, 2016 3:17am Oct 14, 2016 3:17am
EURAUD trade +50 pips, Yesterday was BE trade.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 60 KB
  • #15,931
  • Oct 14, 2016 6:58am Oct 14, 2016 6:58am
Hello Friends,
AUDCAD M30: Long term Resistance+ Pivot+ Shooting Star in M30 also in H1.....but one long tail bullish candle make me out at BE+ any way its part of trading
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-10-14_17-05-17 AUDCAD M30.png Size: 56 KB


Enjoy Your Weekend !!
Attached Image (click to enlarge)
Click to Enlarge Name: Quotefancy-16039-3840x2160.jpg Size: 762 KB

Thank You.
$
Newbie
  • #15,932
  • Edited 9:40am Oct 14, 2016 7:19am | Edited 9:40am
Quoting manoj_3986
EURAUD trade +50 pips, Yesterday was BE trade. {image}
Good one manoj, I took it too only later after LO open candle closed

This week trades below, have a good weekend everyone
Attached Image (click to enlarge)
Click to Enlarge Name: good week.jpg Size: 357 KB
I Have Learned to Take Some Losses to Make Profits
  • #15,933
  • Oct 14, 2016 1:34pm Oct 14, 2016 1:34pm
Quoting shad4u2
Hello Friends, AUDCAD M30: Long term Resistance+ Pivot+ Shooting Star in M30 also in H1.....but one long tail bullish candle make me out at BE+ any way its part of trading {image} Enjoy Your Weekend !! {image} Thank You. $
Here is the AUDCAD M30 Demo trade. Too many mistake lesson learn for next time.
AUDCAD M30 Demo:
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-10-14_23-24-59 AUDCAD Demo.png Size: 59 KB

Thank You.
$
Newbie
  • #15,934
  • Oct 14, 2016 11:33pm Oct 14, 2016 11:33pm
Quoting shad4u2
{quote} Here is the AUDCAD M30 Demo trade. Too many mistake lesson learn for next time. AUDCAD M30 Demo: {image} Thank You. $
good eyes for levels
Attached Image (click to enlarge)
Click to Enlarge Name: 14.10.16 AUDCADM30 HD (m).png Size: 98 KB
Appreciation is the key to wealth and happiness
  • #15,935
  • Oct 14, 2016 11:37pm Oct 14, 2016 11:37pm
Quoting TheScorpS
{quote} Good one manoj, I took it too only later after LO open candle closed This week trades below, have a good weekend everyone {image}
disciplined and consistent TSS
Appreciation is the key to wealth and happiness
  • #15,936
  • Oct 15, 2016 4:12am Oct 15, 2016 4:12am
Quoting v2vboni
UJ: Divergence (Short) Closed & Open trade below... {image}
Hello Boni,thanks for your Anglegator and may question is ,which version of anglegator you used(because you have two arrows)
Thanks!!!!!11
  • #15,937
  • Oct 15, 2016 5:21am Oct 15, 2016 5:21am
Quoting v2vboni
UJ: Divergence (Short) Closed & Open trade below... {image}
 
Hi v2vboni, 
 
Would you be kind enough to share the divergence EA? which I am guessing you have created. 
 
Thanks and Regards, 
 
Raza
Raza
  • #15,938
  • Oct 15, 2016 7:24am Oct 15, 2016 7:24am
Quoting tnavi
eurcad {image}
A view from another angle...
Attached Image (click to enlarge)
Click to Enlarge Name: 13.10.16 EURCADM30 HD (m).png Size: 112 KB
Appreciation is the key to wealth and happiness
  • #15,939
  • Oct 15, 2016 7:59am Oct 15, 2016 7:59am
Case study for those who wish to train their eyes for regular divergence and hidden divergence, be selective to which one to take and which one not to touch
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30 div off TL.png Size: 105 KB
Appreciation is the key to wealth and happiness
  • #15,940
  • Oct 15, 2016 8:18am Oct 15, 2016 8:18am
Gj squeezed some out of choppiness spotting price bouncing off multi resistants, exited at support
Attached Image (click to enlarge)
Click to Enlarge Name: 14.10.16 GBPJPYM30 BDIV S +50.png Size: 90 KB
Appreciation is the key to wealth and happiness
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