Does anybody use the 89EMA? I took the idea from dcginc, and it seems to also act as S/R but here I don't see anyone using it, and perhaps it is too much info, it prevents me from taking trades that turned out to be winners.

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If your time restriction is high, I would recommend 1D and 4H, I think it could be suitable.

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Damn news, and damn TPs... I failed again to set TP, but just because of MT4. (I used to analyze with MT4, but open positions via web). GA stopped a pip or two before my TP, then reversed and got kicked out with +5 pips. Could have grab +50. GU same ...

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You're doing great! Good luck Tim, I'm following your journal. Did you do a time estimation for achieving your goal?

Tim's £500 marathon. Goal £1 million

I grabbed +17 pips on GN only, don't know what I did with the TP, I wanted it higher . Regarding of TPs, I think I will be going with around 40-50 pips TP, inspired a little bit by Phx62 and by the latest movements I'm seeing. I will take ...

TMS for M30 charts

congratulations and good luck! I'm already subscribed too :-)

TMS for M30 charts

likica, may I ask what is your approach on setting the TPs? On my charts I have the daily, weekly and monthly S/R levels, and I usually use those as TP. When a level is too far I place a fib of the last swing. I still don't scale out positions, but ...

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EUR/USD short +20 pips. Entry signal was good. TP at the daily open. image

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Thanks redcloud! EA continued to go up I should learn to be more patient. Furthermore EN, which I clossed in loss, went up too!! image

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Just closed: EA long for +31.7 pips EN long for -16.5 pips. Closed both manually. EA seems to have stalled, and EN is stalled too and I prefer to exit before it hits my TP.

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likica, what is the MTF indicator you have at the upper right corner? I search on the paperclip for something "MTF ----" but didn't find anything, don't know the name. thanks, and sorry for all the questions

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Congrats likica, I must confess that I was missing your charts today It is difficult to have patience when you have good setups! The cross you took in this chart, besides having a good angle, it happened below the 50 level and below the mbl, ...

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I also stop using it because of that, albeit I find it useful. Nevertheless, you can set the days to only one, and the chart looks cleaner, but still, the current price action is cluttered.

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Weird day today... EUR/AUD short at 1.4747: -31 pips GBP/AUD long at 1.9950: +11.8 pips. Set the SL a little over BE and it stop me out. GBP/NZD long at 2.0813: +21.3 pips. EUR/NZD short 1.5379: -6.2 pips.

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EUR/USD long +19.4 pips. Entry @ Buy 1.13293, TP was hit @ 200EMA

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Thank you very much likica, as always very helpful. I'll put it in my charts and see if it fits me for the higher tfs

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I just downloaded the TDI-MTF indicator from the paperclip, and without configuring anything what I can see is that automatically shows you the tdi of the higher tf, right? But why it has all those edges and it is not smooth? I don't know how to ...

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likica and Sesamstrasse, thank you for your inputs. I will put that in practice!

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Thanks again likica! I'm thinking about trading 1H / 30M, because I don't always find A+ setups on 4H, and those days would be nice to grab some pips in the lower TFs. I agree with you, monitoring is hard! I also try to do other things to avoid ...

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Thank you very much for your answer. Besides these pairs, you also watch USOil, right? You still up with the gold? I wanted to "clean" some pairs, because I always end up jumping from one to another (I trade 4H mostly now) and I don't focus enough. ...

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