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Trading Made Simple

  • #12,301
  • Oct 4, 2011 8:02am Oct 4, 2011 8:02am
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp tdi.jpg Size: 106 KB


Here is the tdi green line crossing the red rsi
  • #12,302
  • Oct 4, 2011 8:05am Oct 4, 2011 8:05am
Quoting piprac
No, .8595 which is an intermediate R zone. The ATR for the 4H is only 29 and this pr can be quite choppy so I am not looking for much. The pip value is much higher than the E/$ or G/$. Right now I'm up 10 pips
Thanks for your reply. Makes sense. I see the resistance at 8600. Was just curious.

Best wishes on the trade.
'Fail to plan, plan to fail'
  • #12,303
  • Oct 4, 2011 8:08am Oct 4, 2011 8:08am
Quoting biganc
Attachment

Here is the tdi green line crossing the red rsi
A classic TDI setup except my trade is against the D & W trend but the trend is my friend until it bends. Nice trade biganc, looks like you use Oanda.
  • #12,304
  • Oct 4, 2011 8:19am Oct 4, 2011 8:19am
I am using OANDA. I only trade for a small number of pips. Even though my original entry went against me, the TDI line gave me the confidence to take more positions. The pair only went up 16 pips, but with the multiple positions the trade totaled 33 pips.
  • #12,305
  • Oct 4, 2011 8:30am Oct 4, 2011 8:30am
Smart trading! My TP green light keeps bouncing on and off so I may settle for less than anticipated, I like keeping profits although that gets me out early often.
  • #12,306
  • Oct 4, 2011 8:37am Oct 4, 2011 8:37am
Hey guys. I'm new to this thread but I like the TDI and method. I noticed some of you all taking counter trend trades. Is the TDI that good? I tend to trade only in direction of the trend but notice that eurgbp if taken on the 1 hour would have made some nice pips. I will wait for the TDI to cross back down and open a position in the trend direction. I like the method so much that I changed all my charts over. I hope to contribute to this thread more.

Happy Pips everyone!
Attached Image
  • #12,307
  • Oct 4, 2011 8:47am Oct 4, 2011 8:47am
We are way under the TDI 32 line... i think.. it ll turning soon
Attached Image (click to enlarge)
Click to Enlarge Name: aa.gif Size: 16 KB
  • #12,308
  • Oct 4, 2011 9:15am Oct 4, 2011 9:15am
Quoting amiralifx
live trading

sell eurusd h1

Attachment
stop with -85.
  • #12,309
  • Oct 4, 2011 9:24am Oct 4, 2011 9:24am
Well, EUR/USD going madly north at the moment, and i'm short on it! (60 pips down) lol.
But that's okay. It should reverse back to the ema's, and then hopefully further south with the trend.

Good trading all.
'Fail to plan, plan to fail'
  • #12,310
  • Oct 4, 2011 9:40am Oct 4, 2011 9:40am
I don't have any hesitation trading against the trend for small gains. I monitor the 4hr tdi and the 5 minute pullback with macd for entry. When the 5 minute pullback is complete, I make sure the tdi is still pointing at 2 or 4 o'clock. If the tdi is still pointing in the right direction, I pull the trigger with complete confidence. So far so good.
  • #12,311
  • Oct 4, 2011 9:46am Oct 4, 2011 9:46am
Quoting amiralifx
stop with -85.
Me too -74.
I entered at the same candle. It seemed that the signal was good.
  • #12,312
  • Oct 4, 2011 9:46am Oct 4, 2011 9:46am
I feel that the TF immediately below the one you are looking at for signals is just as important as the higher ones. After all it is telling me what is happening now. I do agree that trading with the trend is safest but also look to see what is happening closer in time.
  • #12,313
  • Oct 4, 2011 9:49am Oct 4, 2011 9:49am
The current EUR/USD movement north is becoming an excellent lesson for me re stop loss placement. 97 pips in the red so far, but i'm patient. Will it turn around this week? Trend has been down, so we'll see.
'Fail to plan, plan to fail'
  • #12,314
  • Oct 4, 2011 9:51am Oct 4, 2011 9:51am
Right now I am waiting for eur/usd and eur/jpy to pullback on the 5 minute chart. When the pullback is complete and assuming the 4 hr tdi is still pointing in the 2 o'clock position, I would have no problem pulling the trigger. If the tdi has moved toward the 3 o'clock position at that time then no trade.
  • #12,315
  • Oct 4, 2011 9:53am Oct 4, 2011 9:53am
Quoting biganc
I don't have any hesitation trading against the trend for small gains. I monitor the 4hr tdi and the 5 minute pullback with macd for entry. When the 5 minute pullback is complete, I make sure the tdi is still pointing at 2 or 4 o'clock. If the tdi is still pointing in the right direction, I pull the trigger with complete confidence. So far so good.
Thanks Big for that insight. Yep, some pips to be made against the trend for sure.
'Fail to plan, plan to fail'
  • #12,316
  • Oct 4, 2011 10:12am Oct 4, 2011 10:12am
eurjpy - long enter - 101.85 S/L - 101.44 31pip profit so far. TDI under 32line... my opinion - easy money :]


ps. my opinion. pay attention on gbpusd. candle pulled back..i thought.. market ll change direction.. be rdy.. tdi ~ on 32 line too..
Attached Image (click to enlarge)
Click to Enlarge Name: aaa.gif Size: 17 KB
  • #12,317
  • Oct 4, 2011 10:21am Oct 4, 2011 10:21am
If you looked at TDI it showed that it was below 32 level which means dont go short wait for it to retrace and go long at the crossover , if you followed that rule you wouldve have been with a wheelbarrow full of pips just like me
X-man the legendary conqueror of markets
  • #12,318
  • Oct 4, 2011 10:33am Oct 4, 2011 10:33am
Quoting X-Man
If you looked at TDI it showed that it was below 32 level which means dont go short wait for it to retrace and go long at the crossover , if you followed that rule you wouldve have been with a wheelbarrow full of pips just like me
Yep. Makes sense. I suppose i'm just a sucker for trading with the daily trend. And the Eur/usd will come back south, won't it? Won't it?! lol. Price will always come back.

Good trading all.
'Fail to plan, plan to fail'
  • #12,319
  • Oct 4, 2011 10:47am Oct 4, 2011 10:47am
Quoting Guitarbloke
Yep. Makes sense. I suppose i'm just a sucker for trading with the daily trend. And the Eur/usd will come back south, won't it? Won't it?! lol. Price will always come back.

Good trading all.
LOL

I think you may have had a different view with real money on it!!

Famous trading quote " Run your profits - cut your losses"

Although as DGINC has pointed out before, its pointless booking a profit or loss if the trade is still open and trading on big TF will often involve big swings.
  • #12,320
  • Oct 4, 2011 10:56am Oct 4, 2011 10:56am
Quoting gamekeeper
LOL

I think you may have had a different view with real money on it!!

Famous trading quote " Run your profits - cut your losses"

Although as DGINC has pointed out before, its pointless booking a profit or loss if the trade is still open and trading on big TF will often involve big swings.
Lol, yep. Would definately be a little stressed if real money on the table, but big swings on the daily are part of it, so we'll see what happens.

Great going to those who are profiting.
'Fail to plan, plan to fail'
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