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  • #90,061
  • Aug 27, 2018 11:06am Aug 27, 2018 11:06am
Quoting lddd
Would this technically be a valid signal already? Its a weekly chart, and where would you set SL/TP here? {image}
I look at the big picture

I see a large bearish trend that has halted. I see no Bullish move yet.
This week I would only take strong bearish crosses.

Wait.
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Trading thin liquidity at the boundary of the charts
  • #90,062
  • Aug 27, 2018 11:12am Aug 27, 2018 11:12am
Quoting Tekkies
{quote} No you are going to buy into S/L zone
Canīt see SR conflict zone here. There is room to the upside and the downside :/

Regarding the 32 Level. Isnīt that a good sign of a oversold level? So a buy close to the 32 level should actually be a good indication, same like price close to the 68 level is good for a sell position. I am little confused now. Yes i did read the TDI Cross.pdf some times, but thanks. Will read it again.
  • #90,063
  • Aug 27, 2018 11:20am Aug 27, 2018 11:20am
Quoting lddd
{quote} Canīt see SR conflict zone here. There is room to the upside and the downside :/ Regarding the 32 Level. Isnīt that a good sign of a oversold level? So a buy close to the 32 level should actually be a good indication, same like price close to the 68 level is good for a sell position. I am little confused now. Yes i did read the TDI Cross.pdf some times, but thanks. Will read it again.
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  • #90,064
  • Aug 27, 2018 11:20am Aug 27, 2018 11:20am
Quoting RickM
{quote} I look at the big picture I see a large bearish trend that has halted. I see no Bullish move yet. This week I would only take strong bearish crosses. Wait. {image}
Yes "Wait" that was the first coming to my mind while looking at this weekly chart and dreaming for a 1000 pips long position (So might be a good sign i was able to see that). However i am still confused about what does it helps me to look at the TDI here first then. If TDI is King like some peoples believe here i wonder why the TDI Cross it self not "Waited". But maybe i am wrong. Canīt see a clear cross here. Could you tell me how to make sure TDI crossed in such cases where its not easy to see? Not sure how to interpret the raw numbers here of the green/red line. Maybe there is some easy/quick way to have it just saying "TDI Crossed" so we would not have this discussion about crossing or not crossing.
  • #90,065
  • Aug 27, 2018 11:22am Aug 27, 2018 11:22am
Quoting Tekkies
{quote} {image}
Thanks have to check it on a regular chart later on again. On the HA Chart it looked differently. Also i am currently on the run. Talk to you later.
  • #90,066
  • Aug 27, 2018 12:04pm Aug 27, 2018 12:04pm
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}
It would save a lot of grief on here if people would only check the timeframe above before putting in a trade.
Success means going from failure to failure without loss of enthusiasm
  • #90,067
  • Aug 27, 2018 12:21pm Aug 27, 2018 12:21pm
Quoting emmanuel7788
{quote} Hi Kain, its still the same, Too much time is being spent on TDI and Stochastics, Too little time on Price Action and Support/Resistance. And no time spend on Money Management, Risk Management for entries and exits, When and How to Let Profits Run. You need to find your WINNING EDGE and the TDI is not in the winning edge equation.

Sometimes London open just ruins perfectly good trade setups [on the m30 and h1 at least].

I have taken trades before which are usually successful, but if taken before London open ... the London open can sometimes ruin it. If I take those same setup after London open it will usually win. Take it before London open and it is more of a gamble.

I have found no way to accurately predict whether or not when London open's it will ruin a recently taken trade. If there is a price action structure that can predict it then please, I would like to know
  • #90,068
  • Aug 27, 2018 12:39pm Aug 27, 2018 12:39pm
Quoting lddd
{quote} Yes "Wait" that was the first coming to my mind while looking at this weekly chart and dreaming for a 1000 pips long position (So might be a good sign i was able to see that). However i am still confused about what does it helps me to look at the TDI here first then. If TDI is King like some peoples believe here i wonder why the TDI Cross it self not "Waited". But maybe i am wrong. Canīt see a clear cross here. Could you tell me how to make sure TDI crossed in such cases where its not easy to see? Not sure how to interpret the raw...
Sorry, I am confusing you.
I believe PA Trend is King which is set by the weekly 10 EMA
The Queen is the Day trend.
The Jack for me is the TDI.
Therefore I wait till a weekly trend is in place, I wait till the daily trend confirms the direction then I would only look for a cross in that direction.
I don’t trade Big E’s way so maybe I should make no comments.
Trading thin liquidity at the boundary of the charts
  • #90,069
  • Aug 27, 2018 1:32pm Aug 27, 2018 1:32pm
Quoting lddd
{image} 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...


You are still too obsessed with the TDI

I suggest you completely ignore people who's posts just focus only on the TDI because it really isn't helping you one bit

Here is the reason usd/cad m30 was a winner

I have stripped all indicators from the chart as this is obviously distracting you

can you see the price structure? High, low, Higher Higher [some people call this a 123]
The blue line on the chart is the entry. Notice the two green bars before this was a shallow double bottom bounce.

price made a 123 off support.

The bulls have shown their strength by making a new high whilst bouncing off support, so your mindset should be at this point lets check the TDI

Now upon seeing this Price Action, one would check the TDI. If the green line had not crossed above above the 50 and and crossed above mbl then this would be a no trade. If TDI was not making higher highs with price then this would be also be a no trade.

It does not matter how much times TDI crosses. If the price action is not there the trade will fail.
Stop focusing so much on the TDI.

tbh, I would suggest you remove it from your charts and work at identifying correct price actions, then put the TDI back once you think you have seen the right price action to see if a trade should be taken.
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  • #90,070
  • Aug 27, 2018 2:04pm Aug 27, 2018 2:04pm
Quoting RickM
{quote} The Jack for me is the TDI.
The Jack (of all trades) and Master of None is the TDI

No your comments are really helpful to me. Even if you trade TMS in a different way as by the rules of BigE, most traders here do so. Hey at least you say you make use of the TDI here :-) There are so much "traders" here around probably never used it for more than a month or so but have no problem with generalize it canīt be traded profitable.

Sure that makes it hard to learn it. Also i do believe BigE completely missed the topic title here. Its not that "simple" and gives so much room for interpretation how to use it properly. So its hard to determine if its a profitable strategy/indicator or not as every TDI Cross could be interpreted differently.

Thats also why i do believe day trading (for most people) especially on smaller time frames will never pay off. Especially with the TDI you get so many crosses (signals) you first have to manually check each time if it might fit all the other things like market condition, PA, the bigger trend and so on.

But arenīt these all factors could be calculated programmatically? So why is there no working EA for the TDI? If itīs only because of the fact it is a trend following strategy and market conditions canīt be predicted by the machine? So there should be at least some semi-automated approach. So only "activating" the bot if volatility is given and the market is not ranging, otherwise boom let it run and trade these TDI crosses on the 100% crystal clear pre-defined rules (no failure because of room left open for misinterpretation, emotions, time problems, what ever).

I think nobody needs a dozens of pips each week. So if such robot would work even if its just doing a 10% yearly. Hey whats the deal? I go open a live account with 10 Million and make a happy living of that 10%...
  • #90,071
  • Edited 2:37pm Aug 27, 2018 2:25pm | Edited 2:37pm
[quote=kain775;11412594]{quote}TDI because it really isn't helping you one bit[/quote]

Could not help to laugh Kain.
Can not agree with you Kain, this method is based on TDI green cross red for entry / flat, hook over, check mark for exit.
If he want to learn this method TDI must stay on the chart.
------
It's is post#647 that is the problem. Member's don't know how to apply #647 and TDI gets the blame.
Had to show S/R zone
Was the angle really above 2 or did it look like "maybe" above
Level of cross not taken into consideration
Nothing about wicks length (top or bottom) or size of candle (going big to small / random size)
What about short term / long term trend
(Distance between green and red - mine, not BigE)
When was trade place: Before london open or after / Before New York open or after / Before London close or after.
Red news
Did Stoch confirm direction

(Post#647 is Price Action)
------------
Hindsight trading
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  • #90,072
  • Aug 27, 2018 2:36pm Aug 27, 2018 2:36pm
Quoting Tekkies
{quote}TDI because it really isn't helping you one bit Could not help to laugh Kain. Can not agree with you Kain, this method is based on TDI green cross red for entry / flat, hook over, check mark for exit. If he want to learn this method TDI must stay on the chart. ------ It's is post#647 that is the problem. Member's don't know how to apply #647 and TDI gets the blame. Had to show S/R zone Was the angle really above 2 or did it look like "maybe" above Level of cross not taken into consideration Nothing about wicks...
Well Tekkies, if its all so easy and clear to understand just by knowing how to apply #647. Like said, whats stopping you/anyone from having this #647 process applied to a real system can be programmatically followed?

Appreciate your comments at all Tekkies but make it pretty easy just to refer to #647 again and again. Maybe a slightly more useful practical method like a bot would help here to proof this strategy is working or not acros the board.
  • #90,073
  • Aug 27, 2018 2:41pm Aug 27, 2018 2:41pm
Go make a bot trading that TDI crosses and post #647 successfully on a live demo account for 6 month and i will personally fund a 100k account where this "system" is attached to and we talk again in 1-2 years if the account still exists then.
  • #90,074
  • Edited 3:31pm Aug 27, 2018 3:07pm | Edited 3:31pm
Quoting lddd
{quote} Well Tekkies, if its all so easy and clear to understand just by knowing how to apply #647. Like said, whats stopping you/anyone from having this #647 process applied to a real system can be programmatically followed? Appreciate your comments at all Tekkies but make it pretty easy just to refer to #647 again and again. Maybe a slightly more useful practical method like a bot would help here to proof this strategy is working or not acros the board.
Quoting lddd
Go make a bot trading that TDI crosses and post #647 successfully on a live demo account for 6 month and i will personally fund a 100k account where this "system" is attached to and we talk again in 1-2 years if the account still exists then.
Iddd
Those two posts are showing that you are disgruntled. I don't blame you. Took 3 years to get this far. Only had the "click" moment this year where Forex became a little bit understandably and not by much.

You really want to master TDI then stop all trading, demo, live, backtest, sosial media. Study BigE Full,pdf again, don't look for short cut by asking FF members for you will only get their version of what BigE meant. Find the answers yourself, google - test - apply. Open a macro account with a very low leverage and practise live that what you have learned by yourself.

Currently you are only hurting yourself with frustrations.
  • #90,075
  • Aug 27, 2018 3:15pm Aug 27, 2018 3:15pm
Yes thats what i expected. If things really matters you get a "---" as a reply, lol. So lame...
  • #90,076
  • Aug 27, 2018 3:27pm Aug 27, 2018 3:27pm
Quoting lddd
Yes thats what i expected. If things really matters you get a "---" as a reply, lol. So lame...
Wow now tekkies is doing it to iddd
  • #90,077
  • Aug 27, 2018 3:35pm Aug 27, 2018 3:35pm
Quoting RickM
{quote} HA HA HA I've brought a Mercedes with all my winnings. Give us a break Let me give you a free tip, you just gave us a shocking tip on USDCAD and do not understand price action. USDCAD is trading within a Consolidation area controlled by four Monthly Candles that have closed within this area on on October 2015, May 2016, January 2017, July 2018.. So price is ranging here and just getting supply within this high liquidity zone. Therefore NO clear signal can be trusted here and a trade is a gamble, just wait till price clears this area. I hope...
Had I listened to you I would of not made over 200 pips on this pair... See how sure you sounded and How much money I made? This is why these Forums and threads are sometimes not valuable to traders. Everyone sounds so sure of what price is going to do but nobody really knows...

I'm surprised your EA didn't trade this pair and make you a killing while you were streaking down the mountain

Monthly and Weekly charts are useless to me...

Another Free one...
AUDCAD should drop 40 pips

Keep on
You will learn the most from your losing Trades
  • #90,078
  • Aug 27, 2018 3:47pm Aug 27, 2018 3:47pm
Quoting lddd
Yes thats what i expected. If things really matters you get a "---" as a reply, lol. So lame...
lame?
I don't have a problem with TMS, you have a problem with yourself. What the problem is I don't know. Not meaning in a bad way Iddd.
It can be something as simply as a need to be in a trade at all times or "look how many pips I missed"
Don't worry Iddd won't respond to your post's again.
  • #90,079
  • Edited 4:13pm Aug 27, 2018 3:55pm | Edited 4:13pm
Quoting Divergence
{quote} Wow now tekkies is doing it to iddd


Honestly i have to think about leaving this topic. If asking some serious questions it all comes down to people flooding overanalyses charts full of useless information for the average trader here, people just canīt think outside the box for 2 cents or just reffering to a BigE quote where nobody ever knows or could show if he was right or not with his trading. Anyone here actually ever met BigE in life? Did anyone see his wealth gained by the TMS or even knows who this person is/was in reality?

Its like the heaven for Forex Factory trolls here, some to increase the post count, some probably just bored or depressed middle-aged men going through their mid-life crisis never invested real money in trading loaf about here to give their stupid useless comments.

I now even offered to fund some real account out of my own pockets so we could all follow together and discuss trade by trade was opened signaled by the TDI. I would even provide verifield brokers history and give everyone wants to investors access.

But i guess transparency would kill the room for all the experts here believing the TDI signals are some kind of holy grail. Like said earlier, if you still have to look at the big picture for every trade you consider you can just get rid of the TDI indicator at all from your charts like Kain suggested. Because if this is the case you donīt really need the TDI. You can simply trade your price action patterns right away from S/R and pray for the lord to end in profit somewhere.

I mean what does it otherwise tell you instead of the cross of two lines? "Wow hey two lines crossed, now i only look for the other stuff and get my bigger picture" Even the exit scenario doesnīt seem to work out well TDI Hooks and what ever the crap is called. Thats why i actually always trade with a fixed SL and TP target. Much better like that. If it fails ok, you was the one stopped it. If it reaches your target you book it in and forget about further gains you could have made if TDI not hooked over and stay in the trade because of greed.
  • #90,080
  • Aug 27, 2018 3:57pm Aug 27, 2018 3:57pm
Quoting Divergence
{quote} Wow now tekkies is doing it to iddd
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