Page 28 of 5045 FirstFirst ... 18262728293038 ... LastLast
Results 271 to 280 of 445

Thread: TMS for M30 charts

  1. #271
    Quote Originally Posted by ;
    quote mr pip utilizes no indiors, however, the thing about indiors is that they are completely useless to creating a trader money without the ideal price action. Think about an indior as confirmation to pull on the trigger, but before going to pull the trigger the price action must maintain order. I advoed mr pips thread because he goes into market structure marginally WITHOUT the indiors....
    Thanks for your kind words. Totally agree with you. I am not using any more indiors as the Traders Dynamic Index and going to concentrate now to get more comfortable with price action. So expect doing this like this will help me to improve trading.

    The Videos from Mr Pips about market structure are extremely very good things. However, not certain how all this preparation like drawing trendlines, NSH/NSL is suitably accomplished under live trading requirements just to identify what tendency is going on. Its already a struggle for me to just find signals following the TMS/TDI principles here.

  2. #272
    Quote Originally Posted by ;
    quote Thanks however, the query was not THAT its that range but how to spot this in advance? Yeah during asian session but these sort of ranging markets I guess occurs during the LO/NY session too.
    Forget about micro for now

    only concentrate on short term structure [and perhaps long term structure]

    the fad brief term was down in the time of the range if you're employing the nsh/nsl concepts. There's a double top there to the pip so there was no fracture however to the upside.

    Personally I do not see anything there yet I would consider, but the fact that short term structure is bearish means that if you were going to trade you ought to be bearish with stop above the double highs... , and indeed much later on price did make a new nsl

    though you ought to probably look at lastingwells posts too on using the H4, they span back to about 2013-14 iirc

    tbh this is 's thread, maybe I shouldn't be directing you to other places, but I do personally find I get better results with the h4. In the event you do not use the h4 you will get more trades but it's more difficult imo... but upto you want you want to do

  3. #273
    Were is the pretty ?
    She didnt post for some time
    I hope She's doing fine

  4. #274
    Quote Originally Posted by ;
    quote Thanks however, the query was not THAT its that range but the way to spot this beforehand? Yeah during oriental session but these kind of ranging markets I guess happens throughout the LO/NY session also.
    I use the exact same tdi as kain775 which only updates at the close of the pub, and supplies an alert for a decent cross it makes life easier, simply don't change timeframes while it's on there. Then when I get the alert, I look at the market structure, LL LH or HH HL along with checking the h4 and pivots, if both of those does not look correct I pass around the commerce, if they all look good then I proceed in. If its a very feeble cross then I don't get an alert anyhow.

  5. #275
    Quote Originally Posted by ;
    quoteI use exactly the exact same tdi as kain775 which merely updates in the close of the bar, and gives an alert for an adequate cross that makes life simpler, just don't alter timeframes while it is on there. Then when I get the awake, I look at the market structure, LL LH or HH HL together with assessing the h4 and pivots, if either of those doesn't look correct I pass around the commerce, if all of them look great then I proceed in. If its a cross then I do not get an alert anyway.
    Thanks. If it alters you only after a good cross is times I guess price action currently moved for 3 more candles away? I mean even using the normal template provided here with all configurations implemented this is the case for me.

  6. #276
    Your opinions on this particular EG short?

    - Brief TDI cross below yellowish
    - Yellow showing down
    - H1/H4 looks down!?
    - Going away from daily open

    What I am unsure with

    Its trading into the ema 200 (near on m30) but to me it more resembles SR could be seen at past highs on the previous daily available?
    Not sure about price action too (still learning) but the next candle entered at least was not getting to much smaller or indied a shift?

  7. #277
    And whats a proper risk/reward ration trading this method on the m30? In case my stop loss would be 20 pips just how much pips to get a trade I should at least expect to do book in profit for?

  8. #278
    Quote Originally Posted by ;
    quote Thanks. If it changes you just after a good cross is most times I guess price action already moved for 3 more candles away? I mean even using the standard template supplied here with all typical settings implemented this is the case for me.
    No not always if you take a look at the UJ trade I submitted Friday, https://forexintuitive.com/forex-tra...ing-diary.html it had been very soon, it's different to the alarms on the tdi-pro. Additionally the one that Kain published of AU. https://forexintuitive.com/discussio...tops-hurt.html

  9. #279
    Quote Originally Posted by ;
    quote not always if you take a look at the UJ trade I submitted Friday, https://forexintuitive.com/discussio...-ibook-g4.html it was quite shortly, it's different to the alarms on the tdi-pro. Additionally the one that Kain published of AU. Https://forexintuitive.com/forex-tra...940-kicks.html
    Thank you where to find the TDI you and kain are using?

  10. #280
    Quote Originally Posted by ;
    And whats a proper risk/reward Forex Currency trading this method about the m30? If my stop loss will be 20 pips how much pips for a commerce I should at least expect to do book in profit for?
    I do not look at each trade for a particular R when the stop loss behind the last swing high or low is too much (more than 50 pips) I really don't take it, otherwise I seem into the atr of the pair to find out how much its likely to proceed.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information