Thread: TMS for M30 charts

GBP/NZD reached R.. . , but bears aren't there yet (TDI STOC @overbought).

Originally Posted by ;

GBP/NZD reached R... , but bears aren't there yet (TDI STOC @overbought). image

Lk which tf do you pay attention to if overbought? So if overbought in say h4 although not on h1 and 30 would you be cautious to not take commerce?

Originally Posted by ;

quote Lk which tf do you pay attention to if overbought? So if overbought in state h4 although not on h1 and 30 are you careful to not take trade?

I m trading from M30, therefore all my attention are on M30, zoom your chart in and out to see some other major S/R, I do not look at indiors on H4 for my own entries but M30.
Tips for the day: if the pair you're paying attention to currently at overbought/oversold, change your focus to its relatives instead, as you might have the ability to acquire in the ealy ride, even while awaiting for this pair to be ready for your entrance.

Originally Posted by ;

quote I m trading from M30, so all of my attention will be on M30, zoom your chart in and out to find some major S/R, I really don't look at indiors on H4 for my own entries but M30. Tips for the day: if the pair you're paying attention to currently at overbought/oversold, change your focus on its relatives rather, as you could be able to acquire in the ealy ride, while waiting for that pair to be prepared for your own entry.

Thank you; excellent information

Originally Posted by ;

GBP/NZD Attained R... , but bears aren't there yet (TDI STOC @overbought). picture

So nice to watch a professional stalking a commerce, and informative. thanks!

Keith

hello ,

Would you have taken a buy on the usd?

Bullish argument
break down trend line,
bullish divergence
Tdi and sto above 50
200ema leave some margin

but

downtrend (lower low)
dol (blue line) resistance and yesterday low

could you enlighten me?

Originally Posted by ;

hello , Can you have taken a buy on the usd? Bullish debate break down trend line, bullish divergence Tdi and sto above 50 200ema leave some margin but downtrend (lower low ) dol (blue line ) resistance and yesterday low can you enlighten me? image

Hi Thomi,
I wasn't avail until today.
Constantly ask yourself these questions:
- 1st: S/R (place)
- 2nd: price and indior

From your chart, I would not get in a buy as I could not see if any S/R, also for a trade against fad and against DOL,

I'm in GN short off BRN S/R DIV with BEOB

EU took a twist off S/R with double divergence

Originally Posted by ;

EU took off a turn S/R with dual divergence image

I am surprised you entered a transaction at that point there were 4 reddish news events around the USD, fortunately, they were USD positive and that drove the euro down.
Have you got a egy for inputting trades around these kinds of news events? In general, I avoid them too much sound, and of course overlook many trading opportunities.

cheers

Keith