is this a valid buy setup if TDI cross when next candle open?
Helanka
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Disliked{quote} wow, yes it does. GMT server candles. My FXDD MT4 chart looks more like yours. Yes it could bounce and continue up but it was looking a little over bought on the TDI. UK retail sales at 9.30 this morning.Ignored
Dislikedis this a valid buy setup if TDI cross when next candle open? {image} {image}Ignored
DislikedHi. I am using the Synergy PRO TDI indicator. It does not have the cross of red/green as other TDI indicators. The default RSI setting 10 on the SynergyPro I adjusted to 13 like other indicators but it is not the same anyway. Please look att attached pic with all three TDI variants (the original and Zaphods Osc). The cross has not happened on the top indicator. Is the SynergyPRO indi not recommended trading this TMS as it is not showing the same on the charts? {image}Ignored
DislikedHi. I am using the Synergy PRO TDI indicator. It does not have the cross of red/green as other TDI indicators. The default RSI setting 10 on the SynergyPro I adjusted to 13 like other indicators but it is not the same anyway. Please look att attached pic with all three TDI variants (the original and Zaphods Osc). The cross has not happened on the top indicator. Is the SynergyPRO indi not recommended trading this TMS as it is not showing the same on the charts? {image}Ignored
DislikedDear Emmanuel,Bizzle & other H4 trade friends, I have away from this thread & Forex business last couple of week & i have to travel my wife's house because of my new born baby.There was no internet facility.Now I have come back but i can not trade h1 time frame now because of my new job.So I want to shift H4 time frame & i want to back test some pairs. Pls give me your help by answering below questions. 1) What are the most suitable currency pairs to trade on H4 by using TMS method.(according to the current market situation) 2) When you enter trade...Ignored
DislikedEntered on USDCAD EJ GBPCAD i position holding since yeaterday {image} {image} {image}Ignored
Disliked{quote} Hey Omonisha - very good trades! Keep it up. Would you be so kind to share your ADR indicator/projections you have on the top left of your screen. ThanksIgnored
Disliked{quote} MartC, Let me echo Emmanuel's comments at 33,902. I got in FOREX trading in 2006 with a $3000 purchase hyped up at a local Red Lion presentation. Several systems, meetings, webinars and conferences later I realized the problem was me...not the market. It clicked when my wife said "Why do you keep switching systems"...and I had no answer that in reality was an excuse for my short comings as a trader. I eventually decided 1. How I wanted to trade, 2. When I wanted to trade and 3. Why I wanted to trade. Then I forced myself (and it was painful,...Ignored
Disliked{quote} Here you go mate It's all inside the paper clip at the top right of this page Happy pipin {file}Ignored
Disliked{quote} LFN: You need to check what it the RSI Price type set in those indicators. The defautl was set to '0' which is the Close price. If you set that to '5' or '6' , then those TDI lines will be different. Also, differently coded TDI can show slight difference even when the price type is set to same. You can set the TDI to ise RSI Price Type to '6' to use the Weighted Price HLCC/4. This will take into consideration the candle price high, low and give more weigth to the close. regards, EMMANUELIgnored
Disliked{quote} Helanka: Congratulations on being new father. Where is my cigar? {image} First you decide your daily trading business hours, then you can trade using the H1 chart for entry at anytime of the day. You should have at least two systems, one for intraday trading and another for 4H swing trading. Another, a third system for longer term position trading, that is what I have done under the guidance of my mentor. regards, EMMANUELIgnored