{quote} Copying someone else's insights, how embarrassing.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #86,321
- Mar 19, 2018 4:37am Mar 19, 2018 4:37am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
- #86,323
- Mar 19, 2018 6:18am Mar 19, 2018 6:18am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Time to close shop
- #86,324
- Mar 19, 2018 6:20am Mar 19, 2018 6:20am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
Time to close shop {image}
It's in fear when people show what they truly value.
- #86,327
- Mar 19, 2018 3:04pm Mar 19, 2018 3:04pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Some years have passed since this thread started and I wonder is anyone actually trading this method successfully for the past few months/years? Very curious about that.
Wonder why the order has been placed: Post 84,781, Post 84,888, Post 84,947
- #86,328
- Mar 19, 2018 5:51pm Mar 19, 2018 5:51pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Nice video
Those weekly youtube videos are made by Boris Schloessberg and broker Pepperstone.
It is part of my weekly trading preparation routine to read some of the market professional traders and analysts. This is just one way for me to get a feel if my own trade plan is good and also to know the risks which I missed. There are some market events which are on on FF calendar.
I know both Kathy Lien and Boris Schloessberg because I traded with broker GFT between 2007 till 2010 and both Kathy Lien and Boris Schloessberg were then GFT market analysts.
However, I do not rely on just one source of information you find on the internet. There are many others. Not every of these online resources are 100%.
I know some people plagiarize market analysts reports made by professional traders/market analysts and post them here in FF to make them sound like their own.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #86,329
- Mar 19, 2018 6:02pm Mar 19, 2018 6:02pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #86,331
- Mar 20, 2018 10:12am Mar 20, 2018 10:12am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
No 4
Post #6
Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle... If
it's candle 3 or more don't enter... find another trade set up. The only exception is if green
bounces off red and continues... it's ok to re-enter on the bounce...
Exit your trade when the green TDI line goes flat, starts to hook over or makes a check
mark reversal.
If you add other things it will influence your decisions... usually to your detriment. Don't try to
complicate it thinking it can't be this easy.
Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it
like it's laid out...
Post #6
Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle... If
it's candle 3 or more don't enter... find another trade set up. The only exception is if green
bounces off red and continues... it's ok to re-enter on the bounce...
Exit your trade when the green TDI line goes flat, starts to hook over or makes a check
mark reversal.
If you add other things it will influence your decisions... usually to your detriment. Don't try to
complicate it thinking it can't be this easy.
Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it
like it's laid out...
- #86,333
- Mar 20, 2018 11:24am Mar 20, 2018 11:24am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #86,335
- Mar 20, 2018 4:58pm Mar 20, 2018 4:58pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Hi Tekkies, thanks for your post. However I think that price is trapped into an inside bar (Weekly chart) right now so I think is better to wait for a breakout of the weekly candle on this pair before to buy anyway. Am I wrong? Any comment by Emmanuel.... thnx!
- #86,336
- Mar 21, 2018 2:11am Mar 21, 2018 2:11am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Learned a lesson today: Don't let other trader's influence you method of trading.
Above a small S/R level
TDI angle almost at 1
Stoch is below 20 and moving up. Would prefer that Stoch be above 20.
Did those 3 chart answered your "wonder"
Above a small S/R level
TDI angle almost at 1
Stoch is below 20 and moving up. Would prefer that Stoch be above 20.
Some years have passed since this thread started and I wonder is anyone actually trading this method successfully for the past few months/years? Very curious about that.
- #86,338
- Mar 21, 2018 7:54am Mar 21, 2018 7:54am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Trading or Gambling?
Entered a sell order because TDI was about to cross to the downside.
- TDI just below level 80
- Stoch pointing down
- S/R level at 1.406473
- Last candle has a nice wick to the upside
Did nor anticipate nor expected a spike to the up-side and got bitten badly.
Subsequent 2 sell order was an attempt to ride the pull back down to recover loss. Again got bitten badly.
3 de Sell order was on / with the TDI cross over. Recovered loss and closed all orders.
Have a set rule to close all trades when losse exceed a certain amount. If the 3 de order also went into a loss and exceed the cut off target I would have closed all trades and try a other day.
Trade with small lot size. Many web page's advice 1 or 2 % of account. Use that advice as an guideline only. Rather determine the lot size and leverage that you feel comfortable to trade with. When you enter a trade and any negative feelings like anxiety, uneasiness occur it is most likely that the cause is over lot size coupled with over leaverage.
I started with lot size 0.01 Post 83,934 It is now 0.30, can trade with lot size 3.00 and have all sorts of funny feelings. Rather prefer to enjoy my trading like it suppose to be.
Done for the day. The market is going to turn into soup with all the red news coming out to day.
Entered a sell order because TDI was about to cross to the downside.
- TDI just below level 80
- Stoch pointing down
- S/R level at 1.406473
- Last candle has a nice wick to the upside
Did nor anticipate nor expected a spike to the up-side and got bitten badly.
Subsequent 2 sell order was an attempt to ride the pull back down to recover loss. Again got bitten badly.
3 de Sell order was on / with the TDI cross over. Recovered loss and closed all orders.
Have a set rule to close all trades when losse exceed a certain amount. If the 3 de order also went into a loss and exceed the cut off target I would have closed all trades and try a other day.
Trade with small lot size. Many web page's advice 1 or 2 % of account. Use that advice as an guideline only. Rather determine the lot size and leverage that you feel comfortable to trade with. When you enter a trade and any negative feelings like anxiety, uneasiness occur it is most likely that the cause is over lot size coupled with over leaverage.
I started with lot size 0.01 Post 83,934 It is now 0.30, can trade with lot size 3.00 and have all sorts of funny feelings. Rather prefer to enjoy my trading like it suppose to be.
Done for the day. The market is going to turn into soup with all the red news coming out to day.
- #86,340
- Mar 21, 2018 1:24pm Mar 21, 2018 1:24pm
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Here's a head's up for a potential trade on the Loonie for you guys. I don't trade such time scales as the daily, but i know many of you do. It might try and pop up first before reversing...
Well, i hope someone was paying attention;
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)