DislikedThe CJ trade is on the right track. I'm hoping it can hit my 20 pip capital protection mark so it will go to breakeven and then It can just cruise up non-stop to my 100 pip TP {image}Ignored
the cautious seldom err....C
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DislikedThe CJ trade is on the right track. I'm hoping it can hit my 20 pip capital protection mark so it will go to breakeven and then It can just cruise up non-stop to my 100 pip TP {image}Ignored
DislikedUpdate to post 33,841 at 1000 PDT: CADJPY H4 now a risk free position as I moved S/L into profit @ 91.03. Still holding to target of 91.98 while monitoring TDI approach of "68" area and price remaining in or above PAC. {image} Post 33,827 update follows suit: S/L moved into profit at 1.1215 and target dropped to 1.1120 from 1.1154. Will see where I'm at on the 1400 PDT review. {image}Ignored
Disliked{quote} Hey zoopots, check out my chart, my signal seem to be off. is it because im using a different tdi than yours? different settings? mine are default. notice how your last trade your currently in crosses the oversold area and generates your buy, mine doesn't. it cross right above the 32 level. any ideas why? here is a pic depicting what im talking about. also my signal seems to have occured 4 hours earlier, any ideas? {image}Ignored
Disliked{quote} 4rextrader- It may be the difference in brokers, I'm with FXDD whose Market Watch clock is +7 hours ahead of EDT. Go to your Market Watch menu and compare your broker's time just above the word "symbol" to Eastern time then you'll know if our two brokers are using the same time zone. Looks to me like you did get a valid TDI entry it just happened one candle prior to mine. My TDI is using default settings from the programmer...I don't know (or care) what they are...it's dependable. If I'm reading your TDI indicator correctly, it did drop...Ignored
DislikedEJ hit weekly support level. There´s i divergence on H1. Perhaps interesting to go long at the break of last candles high and TDI cross. Regards, Fx94 {image}Ignored
Disliked{quote} This trade went in my direction. Take a look at my charts. Please feel free to comment. Made +25 pips. My TP of 50 pips would have been hit, if i have stayed into the trade. Perhaps you can help me, how i can get the information when to exit on H1 trading ? Reasons for entry: - support at 140.852 weekly support - long wicked candle (pullback candle) - TDI cross coming from 32 level -divergence as I posted in the Post 3 hours ago. It´s also linked in this Post TP was set at the high of london session. Best regards, Fx94 {image}Ignored
Disliked{quote}You have lots of reasons to enter....why did you exit, what were the things you saw that made you exit?Ignored
Disliked{quote} 4rextrader- It may be the difference in brokers, I'm with FXDD whose Market Watch clock is +7 hours ahead of EDT. Go to your Market Watch menu and compare your broker's time just above the word "symbol" to Eastern time then you'll know if our two brokers are using the same time zone. Looks to me like you did get a valid TDI entry it just happened one candle prior to mine. My TDI is using default settings from the programmer...I don't know (or care) what they are...it's dependable. If I'm reading your TDI indicator correctly, it did drop...Ignored
Disliked{quote} ya i see what ur saying. so the cross doesn't necessarly have to occur under or above the overbought oversold areas, the tdi just needs to reach to begin looking for tdi signals or doth the red and green line of the tdi have cross below and above the 32 and 68 level? sorry for all the questions. i just really wana understand this. Also take a look at my chart, how would decide not to get into these trades marked by the green line? {image}Ignored
Disliked{quote} First, this isn't a pair I monitor so I'm not real familiar with its personality. I have learned to place a lot of emphasis on the Market Base Line, particularly the slope of the MBL. It gives a somewhat truer representation of the price sentiment (often called trend). We need to realize that the MBL almost always reacts like a drunk driving down the road: He drifts to the left ("68") then gets startled when he hits the gravel and corrects to the center of the highway ("50") but then drifts to the right, hits the gravel again at ("32") gets...Ignored
Disliked{quote} Zoo, Are you always looking for it to be below 32 / above 68? Or if it is near those levels (as below) is that something you would trade? Assuming of course it DID cross. {image}Ignored
Disliked{quote} First, this isn't a pair I monitor so I'm not real familiar with its personality. I have learned to place a lot of emphasis on the Market Base Line, particularly the slope of the MBL. It gives a somewhat truer representation of the price sentiment (often called trend). We need to realize that the MBL almost always reacts like a drunk driving down the road: He drifts to the left ("68") then gets startled when he hits the gravel and corrects to the center of the highway ("50") but then drifts to the right, hits the gravel again at ("32") gets...Ignored
Disliked{quote} Always greater than 68 or less than 32. If it doesn't hit these areas...I move on to something else. I, personally, would not have taken the entry in your picture...the TDI never penetrated below 32, so for me, it's a no go. True, you can always find an example like yours that eventually "worked", but you can find tons of them that don't. I just find it easier to K.I.S.S. ZoopotsIgnored
Disliked{quote} First, this isn't a pair I monitor so I'm not real familiar with its personality. I have learned to place a lot of emphasis on the Market Base Line, particularly the slope of the MBL. It gives a somewhat truer representation of the price sentiment (often called trend). We need to realize that the MBL almost always reacts like a drunk driving down the road: He drifts to the left ("68") then gets startled when he hits the gravel and corrects to the center of the highway ("50") but then drifts to the right, hits the gravel again at ("32") gets...Ignored
Disliked{quote} Thank you for the great explanation of what you are looking at. {quote} So you only take but a few trades per month, and you look at every 4H candle for set ups, correct?Ignored
Disliked{quote} First, this isn't a pair I monitor so I'm not real familiar with its personality. I have learned to place a lot of emphasis on the Market Base Line, particularly the slope of the MBL. It gives a somewhat truer representation of the price sentiment (often called trend). We need to realize that the MBL almost always reacts like a drunk driving down the road: He drifts to the left ("68") then gets startled when he hits the gravel and corrects to the center of the highway ("50") but then drifts to the right, hits the gravel again at ("32") gets...Ignored