Trading Made Simple

Those results look encouraging

I am interested to see if you can keep it up

whose TDI system are you currently trading. Tekkies?

I would not call it a system. I try to find find entries on M15 which are in alignment with the direction of H1 from London open until first the first 3 hours of the New York trading session. For these trades i normally set a fixed SL of 10-20 Pips where i expect to book profits for a trade of around 30-40 Pips.

However i noticed that such fixed risk/reward ratio of 1:2 is hard to realize on regular for M15. At least not for the major forex pairs i trade. So sometimes i close my trades even for a 2 pips profit. I would say this is far more often the case than reaching 30-40 Pips. But the point is, not moving my SL. I always know what i am going to risk on every single trade.

If my trades are 20 pips in profit i set a automatic trailing stop to break even and wait for another 20 pips it maybe runs on where i finally close that trade no matter how far it maybe keeps going or i close the trade booking in that 20 pips already reached.

I also trigger trades without any fixed SL but at least have some hard stop in mind where i am going to close the trade what ever happens. But only if i am able to monitor such trade with every new candle thats opens.

Sometimes like seen with my last AUD/USD trade i open trades during the Asian Session (which is my regular sleeping time). But this is only for about 2-3 times a month.

So regarding to your question kain, i would say. No. I don´t trade either like Tekkies nor do i trade H1 or H4 as it was introduced by BigE. This is mainly for the reason i could not see 1 TDI setup for M15/H1 that is generating a repeatable success over 50% of the times. I actually could not even find this for H4, Daily, Weekly or Monthly as well. The best backtest i had on blindly taking TDI cross signals for a time period of at least 2 years was about 52% or so at best. These low accurate results are probably one of the reasons that there is no constantly profitable EA for it. Otherwise this should also make you money in the end.

Its more like good cherry picking based on a hell lot of experience and chart time which makes this "system" or strategy a "simple" one for "some" traders here i think. And therefor i would say you don´t even need the TDI to be successfull. You can achieve this by pressing the BUY button (if it goes up) or SELL (if it goes down) by what you see with your god given eyes (in which direction price is most likely heading to). So basically you take a "good guess". Because you cannot forecast a shit anyway. The TDI can´t, no other indicator can, Price Action alone can´t do that for you. It´s only YOU, YOU alone can do this. No system, no indicator, no price action pattern.

Everything else is just a matter of good money management and not shooting the gun to often. For e.g i try to take only 3 trades on M15/H1 with the 8 major currency pairs as my markets on the watch list per day. No more trades. If all 3 trades for a day are losers 30-60 Pips loss, i normally stop trading for that day. If the next day trade number 1 is a 30 Pips winner i stop trading for that day. And so on...

Monday and Friday my risk/reward is more like 1:1 or 1:1.5

My win rate is somewhere between 70-80% for the last 2 monthes now doing so. But like said i would say its 80% based on my personal experience and money/risk management, maybe a 10% based on the TDI indicator and another 10% by random luck, a 0% by BigE, lol...

Overall Tekkies helped me a lot here because he seems to be the only active one on that topic trading on the short-term/intraday. Some help from Emmanuel as well. I am constantly learning and hope i can keep up with good results and post another screenshot once the account has been doubled.

I've been trying to follow the rules exactly. The one time I exited early it kept going, I should have waited for the flat TDI.

My main modification is move to break even after it goes well into profit. That saved me once when it turned around while I was sleeping.

I woke up to these nice positive trades, which I will let run:


It doesn't always work out straight away though:

Follow post 8449 and you will make more pips with average entry price, scaling in more trades with locked-in profits and scaling out to take profits.

This work best when you are swing trading on H4 and D1 charts. Use the APB/HA candles as one of your rule for both entry and exit, plus use the 5EMA,Typical Price,Shift+3 is also important for consistent long term results.

With more trading experience, you will learn that the Stochastics and the TDI are less signficant in your trading decisions. This become more so when you move on to trade the price swings on H4 and D1.
This is one of several reasons why I developed three systems based on the same 5-Method as the core trading methodology - one system for day trading H1 and M15, one system to do short swing on 4-hour and the third system to trade long swings on D1 chart timeframes. I moved on to trade mostly my third system on D1 and with more more longer term Weekly view. This free up my time and I only need to plan my trades on the weekends and monitor my charts once a day only. Trading the longer term charts requires a different mindset and to cope with the floating drawdown in your trading accounts which can last for many days and into weeks under certain market type conditions.

Spend more time and work on money management strategies and how to mitigate risks when you plan your trades.

The rest depends on you as the trader and on how you condition yourself when trading the markets. This is the mental fitness part where most people will fail as traders. People fail when they cannot deal with their Fear and Greed. You need to have both Fear and Greed which are not bad things when you know when to use one against the other.

I can see you went short here after the OB but where is the resistance you used? I don't see any?

why does this sort of trade work for you and not for me?

I try taking these sorts of trades like the one here on m30 and it's 50/50, no edge at all.
I see likica taking them and they work for her. Recently I have been looking hard at charts to try and find out why they don't work for me. There's no hidden div here, no candlestick pattern ...or anything else. I think they work if there's something like that in the setup [still need to test more..], but with the setup you've got there ..why does it work?

I notice from looking at the D1 chart that the D1 tdi was bearish. Is this why it worked?
I'm not being funny but i've noticed the condition of the htf tdi seems to significantly effect the success rate of quite a few setups, and this is something i rarely see mentioned or talked about

GU short M15 trade i took.

I don´t enter when i see such large candles. But technical according to the rules here and TDI crossing i would say, yes it was a valid signal.

GU closed at TP.

Oh, yes. This would have been a loser. There are lots of losers if you only look for the pure TDI cross, especially on M15 and quicker you have to be very selective.

I still have a lot of losing trades too here but as I monitor my trades in most cases I am able to exit them for break even probably only paying commission/spread.

My stop loss for such trades is about 10-20 pips and I aim for 30-40 pips for every M15 trade in general

Another trade i took. Not sure if this is a classic bounce trade according to the rules but it looks promising. Daily Trade, therefor reduced position size.

EU long.

with you on this one, different TP though.. 1.1405 for me..

EU looks good.

EU closed at TP. Almost 700 Euros for today. One of the better mondays i had for quiet a long time.

i decided to let my EU position run till 1.1447 which is my next level of resistance. That big 8:00 cst candle can't go to waste.

Good luck with it. You may want to take some profits at this time. It´s already fighting around 1.1400 and most bull power seems to be over (at least for today).

Yep, did just that. Took some profit, and monitoring that one hour candle to see how and where it closes.