{quote} I will test that one too, but this is the first pair for which your either methods found the needed conditions. I will test Method 1 too, as soon as I am able to do it.
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always remember to wait for candle to close before getting in and in this way you wait for TDI signal perfectly
For method 2 i will make it easier and better entries but targets will not be at 50 fibo levels because as i said we sometimes do counter trends
so each time the price reaches one level of blue fibo we move stop loss
i will put some examples to clarify
method 2 simplified
1) arrow signal + harmonic pattern
2) green line outside band
3) we wait for the second cross of TDI and NOT THE FIRST for confirmation( i repeat SECOND CROSS)
ps. Second cross should be below 50 TDI level for buy and above 50 TDI level for sell
WE ALSO ALWAYS CHECK THE TREND OF THE BASE CURRENCY AGAINST USD by looking at the TDI of EURUSD if example we are taking EURJPY TRADE
{quote} AUD JPY attached it does not appear any signal from arrow or harmonic at this time trade invalid now {image}
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Yes, I know we do not have signal yet, I mean - in case when we have signal for AUDJPY..Should we look at AUDUSD TDI? No problem, probably some kind of misunderstanding.
{quote} Yes, I know we do not have signal yet, I mean - in case when we have signal for AUDJPY..Should we look at AUDUSD TDI? No problem, probably some kind of misunderstanding.
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Yes, checking the TDI of AUD in general, to make sure that the currency is ready to rise in all the pairs. This is translated by: the fundamental news on AUD are good, so it's more likely to rise against any other currency.
Alhalawi, one question: you said that "Tdi cross with strong trend which means cross is above 50 level". In the simplified method, the 2nd cross of TDI can be even below 50, so without a Strong Up trend, right? And in the initial method, it should be over 50, if it's not double crossing.
{quote} Yes, checking the TDI of AUD in general, to make sure that the currency is ready to rise in all the pairs. This is translated by: the fundamental news on AUD are good, so it's more likely to rise against any other currency. Alhalawi, one question: you said that "Tdi cross with strong trend which means cross is above 50 level". In the simplified method, the 2nd cross of TDI can be even below 50, so without a Strong Up trend, right? And in the initial method, it should be over 50, if it's not double crossing.
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Method one at 61.8 fibo theres no meed for double crossing
Method 2 crossing is necessary because we make sure that there is reversal
{quote} Method one at 61.8 fibo theres no meed for double crossing Method 2 crossing is necessary because we make sure that there is reversal
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You didn't understand what I meant:
Method 2
1) zizgzag arrow appears + harmonic pattern
2) Price makes higher high
3) Tdi cross with strong trend which means cross is above 50 level - this is what I meant, not for the Method 1.
4) Stochastich cross below 50 "20 is much better"
Method 2 simplified
1) arrow signal + harmonic pattern
2) green line outside band
3) we wait for the second cross of TDI and NOT THE FIRST for confirmation( i repeat SECOND CROSS)
ps. Second cross should be below 50 TDI level for buy and above 50 TDI level for sell
So in the simplified method, second cross below 50, and in the initial one, with higher high, the single cross should be over 50. Right?
{quote} You didn't understand what I meant: Method 2 1) zizgzag arrow appears + harmonic pattern 2) Price makes higher high 3) Tdi cross with strong trend which means cross is above 50 level - this is what I meant, not for the Method 1. 4) Stochastich cross below 50 "20 is much better" Method 2 simplified 1) arrow signal + harmonic pattern 2) green line outside band 3) we wait for the second cross of TDI and NOT THE FIRST for confirmation( i repeat SECOND CROSS) ps. Second cross should be below 50 TDI level for buy and above 50 TDI level for sell...
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Yes, but i said method 2 is tricky so simplified method 2 is best and with double cross after green line outside band and below 50 for buy
1 - a signal comes from the zigzag indicator with harmonic shape "detected automatically on your chart"
2 - price at 61.8 % fibo level
3 - sell signal from TDI
4 - Stochastic Cross above
regarding SL and TP
SL above last swing before TDI signal
TP as You please, it depends on yourself and how you trade, i usually close half on 50 fibo blue level
method 2
1) arrow signal + harmonic pattern
2) green line outside band
3) we wait for the second cross of TDI and NOT THE FIRST for confirmation( i repeat SECOND CROSS)
so each time the price reaches one level of blue fibo we move stop lo
ps. Second cross should be below 50 TDI level for buy and above 50 TDI level for sell
For method 2 i will make it easier and better entries but targets will not be at 50 fibo levels because as i said we sometimes do counter trends
ss
WE ALSO ALWAYS CHECK THE TREND OF THE BASE CURRENCY AGAINST USD by looking at the TDI of EURUSD if example we are taking EURJPY TRADE
Please advice on two suspect conditions. Look at the TDI.
Did the USDJPY do a double cross? The 2nd one is suspect, it didn't seem to have passed down the signal line to do a full cross back.
USDCAD (when and if it crosses back) - it seems that the green line didn't fully pass the superior channel band before the 1st cross of the signal line.
alhalawi Good Morning. We have USD Federal Funds rate this evening. Do you trade during such high impact news?
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the system i take trades based on have 4 to 1 RR or even more, if i have open trades i put SL to entry and i trade 2 % of the trading capital
in normal days i put 5 % risk
Morning! Please advice on two suspect conditions. Look at the TDI. Did the USDJPY do a double cross? The 2nd one is suspect, it didn't seem to have passed down the signal line to do a full cross back. USDCAD (when and if it crosses back) - it seems that the green line didn't fully pass the superior channel band before the 1st cross of the signal line. Are these valid? {image} {image}
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Good morning
USD JPY did first cross yes but we are waiting for the second cross now to happen below 50 level of TDI
USD CAD have a long way now, the green line outside band but still didn't even make the first cross now, when it makes 1rst cross then we wait for second and see if all the aspects are met
Dear Alhalawi,
Good morning, I installed them in my platform but the harmonic picture are not showing. Are there adjustment I need to make? Also, can this signal be use for scalping in the 1 hr time frame?
FinoHardTdi Combo "Fibonacci + Harmonic + TDI" system
