Good luck. At YH and channel bottom. I'm not in yet

A very simple system - trade with arrow

Hello likica, I've only recently put the 200 ema on my charts after re-reading your first post on this thread. I've noticed that generally I'm not comfortable when price is between the 200ema and the daily open line. I see that your rules are to ...

TMS for M30 charts

FAIL. It was adventurous (which is probably another word for foolhardy, or losing.)

TMS for M30 charts

Thanks for the tip OMG. I'm in, but wary of first touch of the day on the dol and the 200ema ahead (if it gets that far.) image

TMS for M30 charts

Hello streetcry, All the Yen pairs seem to be having a hard time overcoming that strong drop at LO. If you're in, I hope you get a good impulse north very soon.

TMS for M30 charts

Rejection at 200ema/'00 and rescued by price bouncing back up off the trendline. Out at -0.7

TMS for M30 charts

Absolutely. I like your logic with the smaller and bigger sizes.

TMS for M30 charts

Here's a divergence with a rejection from the weekly pivot and a trend line break on EJ. image

TMS for M30 charts

and a trend line to break. There's a 3-point trendline on 15m so I may yet be joining you.

TMS for M30 charts

Good luck. My level of caution says I always want a rejection of some kind with the divergence before I'll enter.

TMS for M30 charts

It's sitting on S61 but it follows a hidden divergence and stoch is below 25.

TMS for M30 charts

Hello 40pipsaday, before any sign of a turn?

TMS for M30 charts

Of course. Thanks for the lesson in logic, likica. I was in short after those 2 rejection wicks from R38 around LO, the regular divergence and the drop to the trendline. Out at b/e on the NYO pullback.

TMS for M30 charts

There's a rule in the back of my mind about being wary when a divergence follows a hidden divergence or vice versa. I can't remember which way it is, or if it's both. Can anyone help please? EJ is showing hidden divergence (the tick) followed by ...

TMS for M30 charts

Thanks

A very simple system - trade with arrow

Hello Pips29, One of my rules is to beware about entering when price is in a range, and CaJ has been in a range since Monday's drop. I have no idea why you have entered long, other than you fully expect a retrace after Monday's drop. Would you care ...

A very simple system - trade with arrow

The Brexit ruling by the Supreme court and the forthcoming Stoke by-election where the UKIP leader is standing ............ Potentially, there's going to be hell on. The Brexit ruling and the markets waiting for Trump's actions because the words ...

A very simple system - trade with arrow

The 30 m is showing smaller bounces away from that trend line. Fingers crossed.

A very simple system - trade with arrow

I remember Vantage saying something like 70% of the time, price follows the Daily. Other than that, the Daily has figured little in my thinking.

A very simple system - trade with arrow

Yes, I was meaning that.

A very simple system - trade with arrow