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Trading Made Simple

  • #90,041
  • Aug 27, 2018 3:46am Aug 27, 2018 3:46am
Quoting RickM
{quote} Humans need to sleep Humans fight with their partners then trade like shit Human get sick and can't focus on trading Humans have bad days and sometimes can't do anything right Humans fail to follow trading plans Humans spend too much time on trading forums and forget to trade Humans like sex so need a 40 minute break Tell me when you want me to stop
in high timeframe a trader does not spend hours in front of a computer, on the contrary, it is counterproductive. Emotions and sharks rule the markets, knowing how to manage them is the beauty of trading, otherwise everyone would do it. trading robots are profitable for a while but the market changes with time, and they can not make large percentages because they can not filter like the human eye. but you are not against it, I wish you always be profitable, this is only my point of view. Sorry for my english.
  • #90,042
  • Aug 27, 2018 3:53am Aug 27, 2018 3:53am
Its UK Bank Holiday to day.

After 3 days Jackson Hole meeting, surprising very little reaction today. I think too many things happened the past 3 days.

But let's wait till Abe and Aso meet this week and then we see some action with UJ.

UJ is sideways range trading...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,043
  • Aug 27, 2018 4:40am Aug 27, 2018 4:40am
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USD/CAD Long closed at my pre-defined TP level (20-30 Pips). Fixed SL was about 5 Pips here. However the setup (TDI Cross found at M15) wasnīt that strong i think and could have been easily stopped out.

I am still not sure how to deal with so many false signals the TDI produces. Its still the main problem for me.

There is too much manually things to observe consuming a lot of time. Does anyone might have some better way of dealing with it? Are there better settings than the default ones for anything below the H4 to filter out a lot of these signals without watching everything manually and switching from timeframe to timeframe, checking all the other rules. Is there nothing filtering out a lot of these false conditions in advance?

Like shitty TDI, no momentum, higher TF not in the same direction, no good PA like small candleīs for e.g = donīt give a signal at all?

Still canīt find a way around it, maybe the only reliable way is to only concentrate on 1 currency pair like Tekkies mentioned he does. But what if this one is flat for days? How do you get your pips then? What if you need to recover some losing trades happened in a row? And you simply canīt because theres no volatility and your rules saying, to trade only this one pair?
  • #90,044
  • Aug 27, 2018 4:52am Aug 27, 2018 4:52am
Quoting Tekkies
{quote} Here you go bigboy As mentioned same setup: {image}
trading your setup is like as a simple Ma cross over , not much different. I see these Tdi indicators have made the rounds from thread to thread.
  • #90,045
  • Edited 6:41am Aug 27, 2018 6:11am | Edited 6:41am
Demo Trade USD/CAD H4 Long. Lets see where this goes, first ever H4 Trade. Appreciate your comments on it.

Update: Stopped out

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  • #90,046
  • Aug 27, 2018 6:14am Aug 27, 2018 6:14am
Quoting Pip-Miner
{quote} trading your setup is like as a simple Ma cross over , not much different. I see these Tdi indicators have made the rounds from thread to thread.
Read Post#6
You post in a thread and don't even know what the thread is about.
So can I ask you why did you post here in the first place?
  • #90,047
  • Aug 27, 2018 7:24am Aug 27, 2018 7:24am
Quoting Tekkies
{quote} Read Post#6 You post in a thread and don't even know what the thread is about. So can I ask you why did you post here in the first place?
Nothing to learn here , what a waste of time. I used to trade like this when I first started out . Your definitely one of the 95% retail traders who will fail with that sort setup.
  • #90,048
  • Aug 27, 2018 7:37am Aug 27, 2018 7:37am
Quoting Pip-Miner
{quote} Nothing to learn here , what a waste of time. I used to trade like this when I first started out . Your definitely one of the 95% retail traders who will fail with that sort setup.
Post#1185:
Please don't forget to close the door behind you... Bye...
  • #90,049
  • Aug 27, 2018 7:37am Aug 27, 2018 7:37am
Veefx , I see why your fed up these threads. A tune to end the trading session
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  • #90,050
  • Aug 27, 2018 8:00am Aug 27, 2018 8:00am
Quoting lddd
Demo Trade USD/CAD H4 Long. Lets see where this goes, first ever H4 Trade. Appreciate your comments on it. Update: Stopped out {image}
WTF?! Pure example why this system doesn't work. I've been killing this pair for a week. Have no idea why you bought. HA candles suck buddy. You're not reading the candles properly. They tell you a lot.
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You will learn the most from your losing Trades
  • #90,051
  • Aug 27, 2018 8:03am Aug 27, 2018 8:03am
Quoting Tekkies
{quote} Rick That is your perception how you see Forex. Turtle Traders did not use Algo / EA. Many other traders will disagree with you.
Hi Tekkies

Only a few traders can make large amounts of money trading manually.
Every trader can make large amounts of money trading with a good proven EA's. Two of my most profitable EA's are ones designed by another trader and just passed around our group of coders for free. Profitability is depended on good EA design and correct testing over a 12 month period to ensure it can handle market conditions and whether the storm. Our idea is each EA only has to produce a reasonable profit over a 12 month period. When you can achieve a portfolio of around 6- 10 good Algo's, you are in business to manage other peoples savings as well and charge a nice fee. In Australia, that's means becoming Account manager after achieving the required qualifications.
Trading thin liquidity at the boundary of the charts
  • #90,052
  • Aug 27, 2018 8:05am Aug 27, 2018 8:05am
Look at this, how do you prevent a 90 Pips pullback? Its UK Bank Holidays and no other important News at this time.


USD/CAD

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  • #90,053
  • Aug 27, 2018 8:17am Aug 27, 2018 8:17am
Quoting lddd
Look at this, how do you prevent a 90 Pips pullback? Its UK Bank Holidays and no other important News at this time. USD/CAD {image}{image}
Hi Iddd

Did you do your big picture planning. If you studied the Monthly chart, you would see that this pair is stuck in a consolidation zone where price has been returning to on multiple occasions. You can't trust any signal given by any indicator when price keeps re- visiting the same area. Its a run for liquidity on your account.
Try and trade the TDI only on pairs that are not stuck in areas of consolidation.
Have a look at EURJPY and see the nice trend that pair is having at present.
Trading thin liquidity at the boundary of the charts
  • #90,054
  • Aug 27, 2018 8:20am Aug 27, 2018 8:20am
I use the tdi su h4 along with other signals but only in the presence of trends, often gives me a good confirmation
  • #90,055
  • Aug 27, 2018 8:26am Aug 27, 2018 8:26am
Quoting RickM
{quote} Hi Tekkies Only a few traders can make large amounts of money trading manually. Every trader can make large amounts of money trading with a good proven EA's. Two of my most profitable EA's are ones designed by another trader and just passed around our group of coders for free. Profitability is depended on good EA design and correct testing over a 12 month period to ensure it can handle market conditions and whether the storm. Our idea is each EA only has to produce a reasonable profit over a 12 month period. When you can achieve a portfolio...
I built one myself Rick , most people freak out when I run it live in front them. I still trade better but when it comes to big pips even I fall apart and make incorrect decisions .
  • #90,056
  • Aug 27, 2018 8:29am Aug 27, 2018 8:29am
Quoting RickM
{quote} Hi Iddd Did you do your big picture planning. If you studied the Monthly chart, you would see that this pair is stuck in a consolidation zone where price has been returning to on multiple occasions. You can't trust any signal given by any indicator when price keeps re- visiting the same area. Its a run for liquidity on your account. Try and trade the TDI only on pairs that are not stuck in areas of consolidation. Have a look at EURJPY and see the nice trend that pair is having at present.
I just closed EJ for 17 Pips :-)

I thought so already that UCAD is a bad idea and already before the long trade on the H1 earlier.

Thank god i had a tight stop loss here and only gave 8 pips back to that bastard

Yes. Well I was reading a couple of times here that there is no need to look on the Weekly or even Monthly Chart trading a setup on the H4. As far as i know even BigE wrote something like he only trades the chart he is looking / getting the signal on. So he would probably not even watched the Daily.

Thanks for your words RickM, appreciate it.
  • #90,057
  • Aug 27, 2018 8:37am Aug 27, 2018 8:37am
Quoting Chenzo25
{quote} WTF?! Pure example why this system doesn't work. I've been killing this pair for a week. Have no idea why you bought. HA candles suck buddy. You're not reading the candles properly. They tell you a lot. {image}
How you going Buddy

I'm glad your making some money because I prefer money in your pocket rather than your brokers.
I have a question for you - Why the attitude?

This is how you could write instead

" Hey mate, if your having trouble with losing pips trading this system, may I recommend you look at the system I trade. I am having a lot of success recently so I would like you to see my results to prove my point. Please visit my thread to see how profitable my trading is at present"

Its not to hard to be nice, its easy to sound like a dickhead.
Trading thin liquidity at the boundary of the charts
  • #90,058
  • Aug 27, 2018 8:39am Aug 27, 2018 8:39am
Would this technically be a valid signal already? Its a weekly chart, and where would you set SL/TP here?

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  • #90,059
  • Aug 27, 2018 9:00am Aug 27, 2018 9:00am
Quoting emmanuel7788
Its UK Bank Holiday to day. After 3 days Jackson Hole meeting, surprising very little reaction today. I think too many things happened the past 3 days. But let's wait till Abe and Aso meet this week and then we see some action with UJ. UJ is sideways range trading... {image}
That's because its been snowing up there in August?

Climate change.

They probably still in bed and too cold.
Trading thin liquidity at the boundary of the charts
  • #90,060
  • Aug 27, 2018 9:03am Aug 27, 2018 9:03am
Quoting lddd
Would this technically be a valid signal already? Its a weekly chart, and where would you set SL/TP here? {image}
No you are going to buy into S/L zone
- Where price is now you can see how it respected zone
- Can you see green on the other side of red
- To close to level 32
Read this: TDI Cross.pdf
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