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Trading Made Simple

  • #93,761
  • Feb 1, 2019 1:08am Feb 1, 2019 1:08am
Follow the rules of method in use
- M15 TDI crossover
- H1 TDI crossover
- Both TDI green above 1
- Both Stoch confirm direction
Attached Image (click to enlarge)
Click to Enlarge Name: 01012019Fryday follow rules.PNG Size: 52 KB
  • #93,762
  • Feb 1, 2019 1:33am Feb 1, 2019 1:33am
Quoting emmanuel7788
{quote} I know MEME sounds like lots of fun. But you must first understand the concept and work that out on paper to see its effectiveness when trading these two Market Types - trending market type and wide range sideways market type. Do Not trade in narrow range sideways market type. Anyone wanting to learn to trade with Multiple Entries and Multiple Exits MEME must read the following" About Trade Entries and Exits Post#17,516 Some old posts to read first and get a basic...
Hello,
Im only capable to check chart every 4 hour, its why my entry depend on H4 chart.
Its still possible doing MEME ways?

With all due respect, i dont mean to doubt about scaling in position, but im afraid of doing it wrongly and wipe my account, as i know scaling in position is dangerous.
How to do this safely and right?

Thanks in advance for all reading materials.
  • #93,763
  • Feb 1, 2019 1:48am Feb 1, 2019 1:48am
Quoting eelfranz
Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way... The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually...

TMS Basic Rules

Post#261:

1) If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

2) 5 ema... shows direction currently... only wanting to enter on candle 1 or two.

3) If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion..

Post#647

4) Am I in or close to a consolidation area

5) Are the previous candles small...

6) Look at the candles on the last reversal... big, little, what

7) How does the momentum look right now (12-2, 4-6)

8) Does Stoch's confirm the TDI signal

Keep It Simple: Follow Big E's posts.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Fab 01 M15 setup Frankfurt Open.png Size: 71 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,764
  • Feb 1, 2019 2:08am Feb 1, 2019 2:08am
DE30 Feb 01 H1 reversal candle example:

Comparing two different TDI versions.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 01 H1 reversal candle.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,765
  • Feb 1, 2019 3:41am Feb 1, 2019 3:41am
Quoting emmanuel7788
{quote} I know MEME sounds like lots of fun. But you must first understand the concept and work that out on paper to see its effectiveness when trading these two Market Types - trending market type and wide range sideways market type. Do Not trade in narrow range sideways market type. Anyone wanting to learn to trade with Multiple Entries and Multiple Exits MEME must read the following" About Trade Entries and Exits Post#17,516 Some old posts to read first and get a basic...
Hello,

After reading Chapter 11 " How to Trade Like a Hegde Fund Manager" Day Trading and Swing Trading the Currency Market,
From 7 major pair, I decide pick only AU, NU, UJ and UCHF.
Because after measured using mataf volatility for 4 weeks range, its give 50-60 pips per day of the week.
Me removed EU, GU, and UCAD because those give over 60 pips per day of the week.

But im still dont know my strategy will work or not for those 4 pair currencies.
My strategy mentioned on post https://www.forexfactory.com/showthr...6#post11948036

Thanks anyways.
  • #93,766
  • Feb 1, 2019 8:40am Feb 1, 2019 8:40am
Quoting Tekkies
Follow the rules of method in use - M15 TDI crossover - H1 TDI crossover - Both TDI green above 1 - Both Stoch confirm direction {image}
What is the average daily range for the DAX in pips?

You still find these setups every day? Trading currencies, even going down to M5 opportunities to me seems to become less and less. It’s a waste of time watching something like GU or even GJ here, as this is a trend following approach and your rules are to confirm every setup with the next higher timeframes direction at least markets should be more trendy but actually like said many times 90% at least for forex it’s an absolute waste of time watching even the lowest time frame where nothing moves unless there is big big news for the day and trading news should be avoided, so...

Maybe there is something to make it easier selecting the right market to trade and therefor prepare to watch instead of watching 20 pairs not moving at all, wasting time for nothing and then missing the one setup on market 21 which is trending and moving.

And no H4 is still no option for me, even the last daily charts i reviewed have produced sooo many TDI signals (loss) or maybe break even at best that it’s also not worth the time analyzing this shit even if the only once every 4 hours.
  • #93,767
  • Feb 1, 2019 10:33am Feb 1, 2019 10:33am
Quoting lddd
{quote} What is the average daily range for the DAX in pips? You still find these setups every day? Trading currencies, even going down to M5 opportunities to me seems to become less and less. It’s a waste of time watching something like GU or even GJ here, as this is a trend following approach and your rules are to confirm every setup with the next higher timeframes direction at least markets should be more trendy but actually like said many times 90% at least for forex it’s an absolute waste of time watching even the lowest time frame where nothing...
- Daily range for Dax in pips? Would not know. Surely Google can answer that for you.
- setups Yes. I don't find them. Setups must come to you. When you look for reasons to enter you will make mistakes
Look at the green angle of every TDI crossover, only then you go over to Post#647.
--------------
Iddd, we had this pep talk before.You only need one or two good setups a day. Nothing has changed. Same rules, same chart's. Do it everyday and the account will grow.
  • #93,768
  • Feb 1, 2019 12:15pm Feb 1, 2019 12:15pm
Hi Guys,

Just checking in- I understand there are two types of tdi, Realtime and another version..?

Could someone kindly post or let me know where i can find the Mq4 files of these please. I have searched and can only seem to find the tdi red and green version.

Thanks in advance.

Kind regards,
Roni
  • #93,769
  • Feb 1, 2019 1:39pm Feb 1, 2019 1:39pm
Quoting RickM
{quote} Hi Munchie I believe US traders are bound by FIFO rules so you can't trade both ways on the same account. You would need two accounts, one for long and one for short and transfer the money between accounts to balance the positions. Anyway in Australia I can trade both ways which gives me a HUGE advantage. Normally one VPS account is all I need. I can have one account with say 5 EURCAD charts up and just install a different EA onto each chart. You can get the same end result as I do but you would need more capital split between two accounts....
Hi RickM,
Thanks for your threads ,I didn't understand how to set up in one computer with different EA trading ,right now I have 2 EA trending with 2 computer with one VPS and the other I used my regular internet ,and ready to set up one more EA reversal and plan to put into the other computer ,and other internet ,I can't put each of strategy for each of computer and UPS more ,please help me to explain more so I can understand it.If I put everything in one account and one computer ,how Am I to open the same time and look of each account at the same time.Thanks and have a good weekend
Munchie
  • #93,770
  • Edited 4:15pm Feb 1, 2019 3:54pm | Edited 4:15pm
Quoting Tekkies
{quote} - Daily range for Dax in pips? Would not know. Surely Google can answer that for you. - setups Yes. I don't find them. Setups must come to you. When you look for reasons to enter you will make mistakes Look at the green angle of every TDI crossover, only then you go over to Post#647. -------------- Iddd, we had this pep talk before.You only need one or two good setups a day. Nothing has changed. Same rules, same chart's. Do it everyday and the account will grow.
Yeah but the problem is i don't want to watch charts ranging sideways most of the time and check every 15 Minute for a TDI cross over at a perfect green angle + in balance with all other rules like post 647. So i thought about it might be more efficient to try concentrating for only one market in the future that is giving best opportunities to find enough good M15/H1 setups.

Regarding to the TDI green angle. A lot of my last trades i did on M15, the TDI green angle was always in perfect condition for the setup candle after it closed, H1 looked good (same direction). Then you wait one new 15 min candle forming just to see that great sharp angle switched to "not so great anymore...". Those trades then mostly i had to close manually for break even or leaving it unmonitored hitting my SL for 15-20 Pips.

If you don't believe it. I can show you what i mean by posting dozens of charts and setups where TDI perfect green angle has failed. So i can't see much benefits from it if its not even giving 51% of success.

So how do you want to make sure that you only pick one or two good setups a day if those setups will be no guarantee to work out. So you end up finding another one, and another one, and another one. (So you end up overtrading).

This is an real problem Tekkies if you want to make consistent profits having goals in mind. Sure if you don't have any goals and you only take what you get to grow your account this is not a big deal. You can almost skip every setup that looks good, wait for another one that might be looking even better and then take this one instead. But if your goals is to make enough profit by the end of the month this is no option. You need more than 1-2 good setups unless you don't want to trade these with multiple lots to make any reasonable amount of money from 20-30 Pips.

So what do you do if those 1-2 perfect setups gives you a nice loss instead of anything else Tekkies? You close your day and accept it, wait for the next day without knowing the next setups will be better? You can do that but like said then you need to make sure these 1-2 profitable M15/H1 trades made enough profits to compensate the dozens of setups that not worked out. Sure i guess you don't have that problem, you only have winning trades
  • #93,771
  • Feb 1, 2019 4:08pm Feb 1, 2019 4:08pm
Quoting Roni26
Hi Guys, Just checking in- I understand there are two types of tdi, Realtime and another version..? Could someone kindly post or let me know where i can find the Mq4 files of these please. I have searched and can only seem to find the tdi red and green version. Thanks in advance. Kind regards, Roni
You can find both of them searching through this topic.
  • #93,772
  • Feb 1, 2019 6:37pm Feb 1, 2019 6:37pm
Quoting lddd
{quote} You can find both of them searching through this topic.

Cannot find other version only real time...

Can anyone help??
  • #93,773
  • Feb 1, 2019 7:08pm Feb 1, 2019 7:08pm
Quoting Roni26
{quote} Cannot find other version only real time... Can anyone help??

2 years on and still looking for a TDI????

go back to this Post#92,893

https://www.forexfactory.com/showthr...0#post11855430
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,774
  • Feb 1, 2019 7:15pm Feb 1, 2019 7:15pm
Quoting emmanuel7788
DE30 Feb 01 H1 reversal candle example: Comparing two different TDI versions. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 01 H1 reversal candle.png Size: 45 KB


well, that reversal candle did not run into profit.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 01 H1 reversal candle_update.png Size: 36 KB


that M15 H1 TDI cross is useless.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,775
  • Feb 1, 2019 10:38pm Feb 1, 2019 10:38pm
Quoting Tekkies
{quote} - Daily range for Dax in pips? Would not know. Surely Google can answer that for you. - setups Yes. I don't find them. Setups must come to you. When you look for reasons to enter you will make mistakes Look at the green angle of every TDI crossover, only then you go over to Post#647. -------------- Iddd, we had this pep talk before.You only need one or two good setups a day. Nothing has changed. Same rules, same chart's. Do it everyday and the account will grow.
He’s just trolling again Tekkies, don’t waste your time
Trading thin liquidity at the boundary of the charts
  • #93,776
  • Feb 2, 2019 12:10am Feb 2, 2019 12:10am
Quoting munchie
{quote} Hi RickM, Thanks for your threads ,I didn't understand how to set up in one computer with different EA trading ,right now I have 2 EA trending with 2 computer with one VPS and the other I used my regular internet ,and ready to set up one more EA reversal and plan to put into the other computer ,and other internet ,I can't put each of strategy for each of computer and UPS more ,please help me to explain more so I can understand it.If I put everything in one account and one computer ,how Am I to open the same time and look of each account...
Hi Munchie

I can help you with planning and structure of a EA portfolio, that's the design and balancing of drawn down between individual EA's but I am NOT sure how the mechanics work on trading both long and short on the same market under your FIFO trade rules, first in - first out.
Two EA's using a average price take profit system placed on different brokers will work if they allow you to do so.
I would approach your broker, make him/her your best friend and they should provide you a answer.

In Australia, I form a personal relationship with my brokers and ring them every two weeks and annoy the hell out of them. I get inside knowledge this way and Paul
( a client representative from a major broker ) finally cracked and gave me far better spread than any advertised deals. It works both ways, he gets my business while making sure I'm looked after without being a " Book B " target.

keep your friends close, and your enemies closer

PM me if I can be of help
Trading thin liquidity at the boundary of the charts
  • #93,777
  • Feb 2, 2019 1:52am Feb 2, 2019 1:52am
Quoting lddd
{quote} Yeah but the problem is i don't want to watch charts ranging sideways most of the time and check every 15 Minute for a TDI cross over at a perfect green angle + in balance with all other rules like post 647. So i thought about it might be more efficient to try concentrating for only one market in the future that is giving best opportunities to find enough good M15/H1 setups. Regarding to the TDI green angle. A lot of my last trades i did on M15, the TDI green angle was always in perfect condition for the setup candle after it closed, H1...
Iddd
Two setups.
Leverage 1:100 (don't change > think carefully)
Lot size = 0.01
Account balances: 1 000 or 10 000
Micro Account or Real Account
Start with 0.01 account grow
0.01 > 2 000 or 20 000
0.02 > 3 000 or 30 000
0.03 > 4 000 or 40 000
Take it slow. Pick them trades carefully. It is not what you trade, it is how you trade. Add more entry's to a good angle.
(Who say you are only allowed to enter one trade per set-up. Don't get greedy, most certainly don't get impatient with the slow grow of an account. If you are trading for a living and need to get xxx profit to pay the bill's then why did you quit your day job, thinking Forex will pay for all? On top of that you don't know really how to trade, that is plain stupid, fulled with a lot of day dreaming.)

By the time you have reached full lot size, one set up will pay the bills.
(Seven set-up's Friday. How many did you trade?)
-----
TDI crossover only indicate a POSSIBLY entry. It is what you do afterwards. Have posted enough about that.
----
I do have losing trade's, see if you can spot them on the chart. Friday trading. Sorted from big loss to big profit.
Attached Image (click to enlarge)
Click to Enlarge Name: 01012019Fryday dom doos.PNG Size: 102 KB

Stop looking for the perfect trend, Iddd, stop complaining about time spend behind the computer. Forex is open 24/5, those are your working hours. Plan your family time around those day's.
(Look at it this way. Got a day job? Travel time: 2*1 hours. work 1*8 hours = 10 hours.) Those hours Daddy is at work and kiddies got to respect that.

Quoting lddd
{quote}If you don't believe it. I can show you what i mean by posting dozens of charts and setups where TDI perfect green angle has failed. So i can't see much benefits from it if its not even giving 51% of success.
Post two chart's.
Drag from Account History one order per M15 chart.
  • #93,778
  • Feb 2, 2019 11:35am Feb 2, 2019 11:35am
Quoting Tekkies
Post two chart's. Drag from Account History one order per M15 chart.
Will do so next week. Thanks for your kind response.
  • #93,779
  • Feb 2, 2019 11:36am Feb 2, 2019 11:36am
Quoting RickM
{quote} He’s just trolling again Tekkies, don’t waste your time
You maybe google what the term "trolling" means instead of trolling with stupid troll comments by your self...
  • #93,780
  • Feb 2, 2019 1:03pm Feb 2, 2019 1:03pm
Quoting sherazahmad
The Hunter trading system Best forex indicator Download Link https://myfxwall.com/2019/01/06/the-...rading-system/ {image}
blast from the past total non sense
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