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Thread: TMS for M30 charts

  1. #251
    Quote Originally Posted by ;
    quote Thanks. Not sure what tdi is levelling out signifies. Additionally isn´t the last bearish candle around the EJ chart not a higher low instead? Maybe I need some instruction that which HH HL LH LL means seeing to tdi?
    It depends upon how you look at them, but I look at each swing, so I used to have the zigzag on there with a feeling of 3,3,2 to help me before but have taken it off now that I can view them without. Levelling out means it is neither especially down or up.

  2. #252
    Quote Originally Posted by ;
    quote I always set a stop loss of 50 pips but Quite rarely let it Reach that, if the h4 starts to turn and also a cross Another way I will Generally take it out, Based on my Commerce stats my actual RR Predied on around 100 Transactions is 1:2.4
    that's Fairly impressive

  3. #253
    Quote Originally Posted by ;
    quoteIt depends upon on the way you look at them, however I look at each swing, so I used to have the zigzag on the market using a setting of 3,3,2 to assist me have removed it off now I can see them. Levelling out means it is particularly down or up.
    I just took the zigzag in my m30 charts to automatically label the candles. Yeah you´re perfect for the EJ example its labled as a LL. (I did not make any alterations to the zigzag indi simply thrown it to the chart).

    But how can you translate the LL in this example. Reduced highs = downtrend. But I thought at some stage things are shing and also the TDI Cross to the long side I can´t find a reason why this should not be a legitimate TDI long sign at least to the m30 period. So not sure what to wait for here.

    I already tried researching what posted about HH, LH, HL, LL. But its really confusing as each chart appears different (at least for a beginner like me). Also I believe every trader appears different to price action patterns at all.

    Getting kind a frued again right now... Perhaps asking other traders about charts is not a fantastic thing at all. Everyone appears to look different at it. For a newbie like me its really like this to follow up with all that.

  4. #254
    EUR/AUD is doing a good down move btw... But this one was actually investing toward the daily open line and not away from it just like explained at place 1.

  5. #255

  6. #256
    Quote Originally Posted by ;
    quoteBut how can you interpret the LL in this example. Reduced highs = downtrend. But I thought at some point things are changing and with the TDI Cross to the long side I can´t find why this should not be a legitimate TDI long sign at least for its m30 period. So not sure what to wait for here. .
    You'd probably be better served looking at the charts and studying, looking to determine what works and what does not. That is how I spent most of my time and still do to a certain degree. You asked what you should be awaiting on EJ and I'll tell you each and every time that I have gone against the h4 (that is what you would have already been doing) all that happens is it goes up and down like a yoyo without a proper direction, also it moves against the trade....so, I've learned to not go against the h4. Now in the event that you examine the EJ h4 chart, you will notice a really big bearish candle yesterday and each candle now is still inside that, therefore it might be a retrace up that significant candle....how far will the retrace be? Just how long is a piece of string So what I would do in that scenario, is either abandon it entirely or move in on the beginning of the retrace, in 4am gmt 2 that the h4 tdi began to move up if I couldn't get in then, then I would not chance it since it may get to an abrupt stop and turn back around.

  7. #257
    Quote Originally Posted by ;
    USD/CHF ? image
    Not one I'd take, see whether you can work out why by exactly what I have been posting.

  8. #258
    Quote Originally Posted by ;
    USD/CHF ? picture
    I'm not a professional or something but imo no

    I believe you want more aid on market construction

    perhaps take a peek at mr pips harmonics thread, so I can't remember how far into the thread it is, but he does start posting movie's on market structure. .
    If you can grasp the nsh/nsl concept you should start to find this somewhat easier.

    Also go and search the user lastingwell and go through a lot of her posts and You'll discover more insights into using the H4 the way lisat is performing

    that is quite a lot for you personally go through, but if you want to improve I suggest you put the hours in and get on with it

  9. #259
    Quote Originally Posted by ;
    Got back in time to take UJ sell. 50 picture picture
    I had been eyeing that up as well tbh . . .but then my platform froze up ....so I chose to head out.

    Appears like I am watching a lot of those ones You're seeing

  10. #260
    Quote Originally Posted by ;
    quote I had been eyeing that up as well tbh . . .but afterward my platform froze up ....so I chose to go out. Seems like I'm seeing a lot of the ones you are seeing
    And the longer you can do it, the easier it gets

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