I know some low TF traders started to buy AUDCAD S61 and sell USDCAD R61 last week based on weekly pivots and market reaction. This wont work when the recent trend has been strong.
- #79,522
- May 8, 2017 2:42pm May 8, 2017 2:42pm
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 4,499 Posts
Updates: HA APB v1.14 
You may now download this updated indicator or ask technical question at the following indicator development journal thread >>> here.
- Code optimization with minor behavior fixed applied when at rest.
- Add automated suffix identification if a trader provided an empty Broker Suffix option.
If it didn't work, you must provide Broker suffix, or you need to add the suffix on each pairs from the group of symbols or instruments settings.
Update: TMMA Short & Long and HMA of TMMA Short
- Code optimization with minor behavior fixed applied when at rest.
You may now download this updated indicator or ask technical question at the following indicator development journal thread >>> here.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- #79,524
- May 8, 2017 7:30pm May 8, 2017 7:30pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
AUDCAD Week 19 : {image}
Yesterday sell entry on D1 chart did not move much but it is still valid.
For those TMS traders who still undecided with the use of Weekly pivots or simply use the price big number BN 00 and 50 levels and look at Previous price Action PPA,
here is my chart below which you can study and make a decision whether to drop the use of weekly pivots. Every new week you will have new pivots but the PPA are there remain unchanged, the BN 00 and 50 levels are there too unchanged, Use the HA candles to help you see the price swings and support/resistance.
I dropped using pivot years ago because it is not a holy grail.
To succeed in this business, it has a lot more with your money management strategy. Currency pairs selection is another important factor to think of when you pick your pairs to trade every week/month.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #79,525
- May 8, 2017 7:35pm May 8, 2017 7:35pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Updates: HA APB v1.14 Code optimization with minor behavior fixed applied when at rest. Add automated suffix identification if a trader provided an empty Broker Suffix option. If it didn't work, you must provide Broker suffix, or you need to add the suffix on each pairs from the group of symbols or instruments settings. Update: TMMA Short & Long and HMA of TMMA Short Code optimization with minor behavior fixed applied when at rest. {image} You may now download this updated indicator or ask technical question at the following indicator development...
I LIKE!
Thank you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #79,526
- May 8, 2017 7:47pm May 8, 2017 7:47pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Hi emmanuel happy trading week to you and all can i have your tmpl pls thanc you
Hi Folks,
there is no new template needed here.
all I am doing is so show the people who are new to TMS and to those who are still struggling to trade TMS 5-Method simply to go back and start the same way the OP Big E started in 2008 when he was a newbie trader. Start like him trading with the Synergy model using the Price Action Channel with the APB/HA candles and the TDI.
Trade with the moderate conservative approach, master that approach and as you will progress with profitable results and gain more confidence, you can then decide if you want to trade the aggressive entry like Big E did.
Practice in realtime market with a demo account. Start trading H4 and D1 chart timeframes, these are the most profitable timeframes to trade. It all about entries and exits, and you must know the basic rules and you must be discipline to follow your tasks for trading. You must have the patience to execute your trades following your own rules.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #79,527
- May 8, 2017 7:58pm May 8, 2017 7:58pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
EURCAD Week 19 end of current bullish rally one of the best rally for the past 3 weeks, almost 750 pips. if today's HA candle closes with change in colour, it will be Exit signal for buys. its sitting at BRN 1.5000 {image} too early to sell now as it may go sideways for days or worst case it can go back up and cause you huge drawdown for days and some cases I see, traders hild on to trades in drawdown for more than a week or two.
EURCAD Week 19 May 8 closed buy exit confirmed but no selling yet according to our basic rules using the HA candles and the PAC.
But those who traded H4 yesterday, would have gotten one good trade. ca +24pips strictly following the entry and exit rules.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #79,528
- May 8, 2017 8:57pm May 8, 2017 8:57pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #79,529
- May 8, 2017 9:54pm May 8, 2017 9:54pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} AUDUSD May 5 D1 chart still shows sell continuation today open. PA reacted at the BRN 0.71400 but no reversal for buy yet. But for H4 traders, see what you missed using the HA, PAC and TDI Moderate mode. 2 trades - + 24pips and +79 pips, Be disciplined, be patient, be at your trading PC at the 4 hour of every new bar/candle. {image}
AUDUSD Week 19 D1 chart POMO.
here is why TMS traders should not blindly trade with weekly pivots and buy at S61 and S100 without looking at the bigger picture. But low, buy lower and your trading capital will be locked in floating DD and is of no use. Trade wisely , unlock your trading capital and trade in positive cash flow.
trading can be simple only when traders stopped taking risky trading methods and gamble with their hard-earned money from their day jobs. Learn to trade safe and make your hard earned money work harder for you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #79,530
- May 9, 2017 12:56am May 9, 2017 12:56am
{quote} AUDUSD Week 19 D1 chart POMO. here is why TMS traders should not blindly trade with weekly pivots and buy at S61 and S100 without looking at the bigger picture. But low, buy lower and your trading capital will be locked in floating DD and is of no use. Trade wisely , unlock your trading capital and trade in positive cash flow. trading can be simple only when traders stopped taking risky trading methods and gamble with their hard-earned money from their day jobs. Learn to trade safe and make your hard earned money work harder for you. {image}...
I'm also in the AUDUSD but only on D1 with MEME, following strictly the path with TDI moderate and PAC with MEME money Management, works out good at the moment
to see the trades better I've switched to H1...
regards
- #79,531
- May 9, 2017 1:14am May 9, 2017 1:14am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Hello Emm, I'm also in the AUDUSD but only on D1 with MEME, following strictly the path with TDI moderate and PAC with MEME money Management, works out good at the moment {image} to see the trades better I've switched to H1... regards
Nice! Good trades.
With today Aussie Budget release, we shall see how the market to will react. Some traders believe it will reverse at WPv S61 0.73295...
The week open was good. The next BRN is 0.7300 but maybe too stretch for today to get there. The weekly range is between 135 and 170 pips.
Let's see later if it will become choppy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #79,532
- May 9, 2017 1:23am May 9, 2017 1:23am
{quote} Nice! Good trades.
- #79,534
- May 9, 2017 2:15am May 9, 2017 2:15am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #79,537
- May 9, 2017 5:10am May 9, 2017 5:10am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
Friends a little motivation my daily trades still are runing 
only chf/jpy has ended (and will go out from basket)! They are on demo but motivates me
only chf/jpy has ended (and will go out from basket)! They are on demo but motivates me 
- #79,539
- May 9, 2017 5:40am May 9, 2017 5:40am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,677 Posts
Hello emmanuel7788, How can I configure the candles like the ones that you have? Is like my candles are below other ones and they should be above. I attached a image. I have downloaded the indicators posted here and made a template using them: https://www.forexfactory.com/showthr...46#post9843946 Best Regards {image}
- #79,540
- May 9, 2017 6:09am May 9, 2017 6:09am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Hello emmanuel7788, How can I configure the candles like the ones that you have? Is like my candles are below other ones and they should be above. I attached a image. I have downloaded the indicators posted here and made a template using them: https://www.forexfactory.com/showthr...46#post9843946 Best Regards {image}
You have your chart selected to show Bar Chart,
next thing to do is toe set that to show as Foreground Chart.
This will enable you to see the APB/HA candles in the background with the price Bar above.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett