TMS for M30 charts | Page 828 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

RiskyFX-M30 System 117 replies

Pulse M5, M15, M30,H1+ 9 replies

London Open Breakout-M30 57 replies

M30 Rainbow Madness 23 replies

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

Attachments: TMS for M30 charts
Exit Attachments

TMS for M30 charts

  • #16,541
  • May 11, 2017 3:11pm May 11, 2017 3:11pm
Quoting likica
Just popping in to see if you all are well. my EJ DIV off resistant today (nothing new to show, just changing color of my chart and repeating my style....:-) {image}
Keep it up , EA short after LO set the high of the day with Divergence , +40 pips
Attached Image (click to enlarge)
Click to Enlarge Name: q.png Size: 65 KB
I Have Learned to Take Some Losses to Make Profits
  • #16,542
  • May 12, 2017 3:46am May 12, 2017 3:46am
Quoting likica
Just popping in to see if you all are well. my EJ DIV off resistant today (nothing new to show, just changing color of my chart and repeating my style....:-) {image}
I really miss your posts , charts , trades , comments etc...
Please be back :
  • #16,543
  • May 12, 2017 10:24am May 12, 2017 10:24am
Quoting TheScorpS
{quote} Keep it up , EA short after LO set the high of the day with Divergence , +40 pips {image}
Hi TSS ,

Where do you post your daily trades "PHX62's style " ? I would be interested in following them even if Eur/Aud is not a currency that I follow on lower time frames.
  • #16,544
  • May 16, 2017 9:56am May 16, 2017 9:56am
Quoting bodal
{quote} I really miss your posts , charts , trades , comments etc... Please be back :
Here are my recent DIV trades on GJ off S/R
Attached Image (click to enlarge)
Click to Enlarge Name: 16.5.17 GBPJPYM30 DIV off R +.png Size: 88 KB
Appreciation is the key to wealth and happiness
  • #16,545
  • May 16, 2017 11:22am May 16, 2017 11:22am
Quoting bodal
{quote} Hi TSS , Where do you post your daily trades "PHX62's style " ? I would be interested in following them even if Eur/Aud is not a currency that I follow on lower time frames.
I dont quite post my trades often on FF for sometime now, its been a while since trading TMS has shift a lot since 2011/12 so stayed far a bit , dont loose hope, just keep on trying , it takes time , very long time to reach the goal

Heres today trade on EA , +80 pips , trade was taken on the break of yesterday highs and a TDI bounce
Attached Image (click to enlarge)
Click to Enlarge Name: ea 8.png Size: 60 KB
I Have Learned to Take Some Losses to Make Profits
  • #16,546
  • May 16, 2017 11:23am May 16, 2017 11:23am
Quoting likica
{quote} Here are my recent DIV trades on GJ off S/R {image}
Neat trading , keep it up those are best div trades I have seen over FF and it just make u learn a lot
I Have Learned to Take Some Losses to Make Profits
  • #16,547
  • May 17, 2017 3:09am May 17, 2017 3:09am
Quoting likica
{quote} Here are my recent DIV trades on GJ off S/R {image}
I agree with what TSS has just said concerning your valuable posts !

By the way , is the S/R area drawned on your chart something you manualy added or drawned by an indicator ?

Best regards
  • #16,548
  • May 17, 2017 3:21am May 17, 2017 3:21am
Quoting TheScorpS
{quote} I dont quite post my trades often on FF for sometime now, its been a while since trading TMS has shift a lot since 2011/12 so stayed far a bit , dont loose hope, just keep on trying , it takes time , very long time to reach the goal Heres today trade on EA , +80 pips , trade was taken on the break of yesterday highs and a TDI bounce {image}
Just to be honest with you , as I am a bit fed up to read and re- read always the same posts from PHX62's Pdf (even if I must admit that each time , I discover something new and valuable !) , and as your way of trading seems to be what I know to be the nearest from PHX62 , I would be very interested in seeing your trades from time to time !

As I have already told you , my "masters" in trading were Xman originally (diszcovery of TDI and PA ) , PHX62 (for me one of the very best ) , LE1 (Ema10) , and finally Likica for the beauty of her charts and the use of divergences. I must admit too that I found some very useable tips in Emmanuel posts.

So , a little post , chart , trade from Likica and you from time to time , would be of great value for me !

Best regards
  • #16,549
  • May 17, 2017 4:36am May 17, 2017 4:36am
Quoting bodal
{quote} I agree with what TSS has just said concerning your valuable posts ! By the way , is the S/R area drawned on your chart something you manualy added or drawned by an indicator ? Best regards
The orange lines were drawn manually, the khaki shade was from 'Free_ATM_Support_Resistant_I' indicator. I am from old school doing lots of things manually, actually, you need a chart just APB, 200ma, tdi, stoc and DOL and your well-trained eyes
Appreciation is the key to wealth and happiness
  • #16,550
  • May 17, 2017 11:44am May 17, 2017 11:44am
Same continuation trade on EA today for +50 pips
Attached Image (click to enlarge)
Click to Enlarge Name: q.png Size: 59 KB
I Have Learned to Take Some Losses to Make Profits
  • #16,551
  • May 18, 2017 3:50am May 18, 2017 3:50am
Quoting likica
{quote} The orange lines were drawn manually, the khaki shade was from 'Free_ATM_Support_Resistant_I' indicator. I am from old school doing lots of things manually, actually, you need a chart just APB, 200ma, tdi, stoc and DOL and your well-trained eyes
Thank you for the answer , as far as necessary indies are concerned , I need one more than you : Ema10 and one less as I didn't have Stochastic !
Best regards
  • #16,552
  • May 18, 2017 3:54am May 18, 2017 3:54am
Quoting TheScorpS
Same continuation trade on EA today for +50 pips {image}
May I ask you why and when you enter this trade as I would have taken the same one but only at the end of the first candle of LO ?
  • #16,553
  • May 18, 2017 12:54pm May 18, 2017 12:54pm
Quoting bodal
{quote} May I ask you why and when you enter this trade as I would have taken the same one but only at the end of the first candle of LO ?
It was a pin bar entry on the break above that pin and FO candle , u can find dozens of those trades in Phx62 pfds

Although trading the pin bar isnt an easy stuff for me at all, been trying to get the hang of this candle a lone for a long time now
I Have Learned to Take Some Losses to Make Profits
  • #16,554
  • May 19, 2017 3:14am May 19, 2017 3:14am
Quoting TheScorpS
{quote} It was a pin bar entry on the break above that pin and FO candle , u can find dozens of those trades in Phx62 pfds Although trading the pin bar isnt an easy stuff for me at all, been trying to get the hang of this candle a lone for a long time now
I understand your point but it was a subtility difficult to see and understand for me in PHX62's Pdf and I prefer to see a nice PCRF (according to PHX62's himself calling that kind of pattern !) and I would have waited for the third candle (the open of LO) to close above your pin bar. Each time I enter a PCRF , not waiting for the complete formation of this pattern ( just after the reversal candle only and not waiting for the close of the third one ) , I got a false entry , + if you consider the risk of a LO fakey , I definitely would have waited the end of your entry candle. But in that case , too , the trade would have been a winner for me .

What is the way you understand the PCRF pattern according to PHX62 ?
  • #16,555
  • May 19, 2017 6:43am May 19, 2017 6:43am
hope you don't mind me posting a Lastingwell inspired trade! RIP
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH1.png Size: 80 KB
  • #16,556
  • May 19, 2017 12:16pm May 19, 2017 12:16pm
Quoting bodal
{quote} I understand your point but it was a subtility difficult to see and understand for me in PHX62's Pdf and I prefer to see a nice PCRF (according to PHX62's himself calling that kind of pattern !) and I would have waited for the third candle (the open of LO) to close above your pin bar. Each time I enter a PCRF , not waiting for the complete formation of this pattern ( just after the reversal candle only and not waiting for the close of the third one ) , I got a false entry , + if you consider the risk of a LO fakey , I definitely would have...
Trading those PCRF , I happen to not focus on them much anymore as they need lots of experience in the market, but when taking a proper entry with TMS often leads to PCRF so am focusing on TMS

For me I dont wait for third or 2nd candle to enter a trade, I will follow proper setups based on my trading plan and then will take entry, sometimes the entry is aggressive like pin bar entries on the break above/below that bar sometimes I wait for candle changes color and only then I will take the entry so all depends on market conditions at the time , also its important to enter when market is at it best price this can help with getting ur TP hit rather than reversing just before hitting TP due to waiting for proper confirmation which sometime is already there , so best for time being is leave PCRF a side, master trading TMS and only then or in between have a look to trade those pattern until u get to know them better
I Have Learned to Take Some Losses to Make Profits
  • #16,557
  • May 19, 2017 12:17pm May 19, 2017 12:17pm
Quoting Scrambleguy
hope you don't mind me posting a Lastingwell inspired trade! RIP {image}
Thanks for sharing that, she is missed oh Heather
I Have Learned to Take Some Losses to Make Profits
  • #16,558
  • May 20, 2017 12:51am May 20, 2017 12:51am
Quoting TheScorpS
{quote} Trading those PCRF , I happen to not focus on them much anymore as they need lots of experience in the market, but when taking a proper entry with TMS often leads to PCRF so am focusing on TMS For me I dont wait for third or 2nd candle to enter a trade, I will follow proper setups based on my trading plan and then will take entry, sometimes the entry is aggressive like pin bar entries on the break above/below that bar sometimes I wait for candle changes color and only then I will take the entry so all depends on market conditions at the...
thank you for your explanation.
why did you choose to specialised in Eur/Aud ?
  • #16,559
  • May 20, 2017 10:16am May 20, 2017 10:16am
Quoting bodal
{quote} thank you for your explanation. why did you choose to specialised in Eur/Aud ?
2 things got me into choosing this pair to trade and specialise in

1- I dont have to worry much about news releases during LO session , often dont bother how it does move so trading the pair in a quite market often helps avoid emotional trading , as oppose to pounds pairs which often is faced with high impact news during LO session or US pairs which often is faced with news at NYO session


2- As EA is an Asian pair, I can wake up at 4-5-6 am my local time and trade it before LO session begin , but here at this session high impact news releases for Australian currency so I only trade it later after the news impact is over , most of the time I am slept during those releases and only happens to wake up later after the news, fakes , and spike occurs which can often gives me a direction to trade.
I Have Learned to Take Some Losses to Make Profits
  • #16,560
  • May 22, 2017 1:06am May 22, 2017 1:06am
Quoting TheScorpS
{quote} 2 things got me into choosing this pair to trade and specialise in 1- I dont have to worry much about news releases during LO session , often dont bother how it does move so trading the pair in a quite market often helps avoid emotional trading , as oppose to pounds pairs which often is faced with high impact news during LO session or US pairs which often is faced with news at NYO session 2- As EA is an Asian pair, I can wake up at 4-5-6 am my local time and trade it before LO session begin , but here at this session high impact news releases...
Ok thank you for the explanation !

Being in Europe (France ) , I choose to specialise in 3 non correlated pairs : Eur/Usd , for me the one I am naturally the most dedicated to follow and then I took Cad/Jpy and Aud/Nz for exactly the same reasons that you said for Eur/Aud .
3 traders viewing now