AUDUSD Sep 25 H4 London session would you sell knowing there is this week's low? {image}
Also running down but slow and will hit this week's low.... support.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,861
- Sep 25, 2019 6:46am Sep 25, 2019 6:46am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Also running down but slow and will hit this week's low.... support.
- #97,862
- Sep 25, 2019 6:56am Sep 25, 2019 6:56am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
GBPUSD Sep 25 take profit before London session closes today...
around 1.2350 region ... confluence of previous price action, 200EMA and RN.
'take and run' and do not be greedy ... NY afternoon session anything can happen.
around 1.2350 region ... confluence of previous price action, 200EMA and RN.
'take and run' and do not be greedy ... NY afternoon session anything can happen.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,863
- Sep 25, 2019 7:04am Sep 25, 2019 7:04am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
EURNZD Week 39 Sep 24 W1 with last week closed above the WRB High 1.7572, I look for possible reversal buy in the lower timeframe. D1 looks bearish at the moment and we have D1 10EMA just below current price action which is possible reaction. Also we have RBNZ rates decision tomorrow which is unlikely for further change so soon. {image}
EURNZD Sep 25 H4 NYO
still waiting for the setup and to follow the Weekly.
look at the H4 price action, ... one big candle, one small candle, ... check Post#647 when wanting to take a TDI trade.
do not trade the TDI cross blindly without checking Post#647.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,864
- Sep 25, 2019 7:21am Sep 25, 2019 7:21am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts | Online Now
No need to take all the money in Forex with one trade. Take what the market is willing to given and wait for the next set-up.
Keep it simple and follow TDI.
Let's see where does TDI take this trade.
Entry late by 15 minutes.
Keep it simple and follow TDI.
Let's see where does TDI take this trade.
Entry late by 15 minutes.
- #97,865
- Sep 25, 2019 7:26am Sep 25, 2019 7:26am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Lots of H1 trade opportunties when NY open today...
just pick the best setups like Big E used to.
Keep It Simple: Follow Big E's posts: Post#261 and Post#647
be sure to use the same chart template setup in Post#261... use the APB/HA candles and the 5EMA,Typical Price,Shift+3. You wont regret when you follow the OP posts.
just pick the best setups like Big E used to.
Keep It Simple: Follow Big E's posts: Post#261 and Post#647
be sure to use the same chart template setup in Post#261... use the APB/HA candles and the 5EMA,Typical Price,Shift+3. You wont regret when you follow the OP posts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,866
- Sep 25, 2019 7:45am Sep 25, 2019 7:45am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
DE30 Week 39 Sep 25
Daily ... very obvious following TMS Post#261 ... it is sell for the 2nd day.
TMS(r) and Medhi 3-in-1 template also shows sell on Daily.
if you are short term swing trader, why trade against the H4?
Daily ... very obvious following TMS Post#261 ... it is sell for the 2nd day.
TMS(r) and Medhi 3-in-1 template also shows sell on Daily.
if you are short term swing trader, why trade against the H4?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,868
- Sep 25, 2019 3:49pm Sep 25, 2019 3:49pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
GBPUSD Sep 25 take profit before London session closes today... around 1.2350 region ... confluence of previous price action, 200EMA and RN. 'take and run' and do not be greedy ... NY afternoon session anything can happen. {image}
GBPUSD take profit 1.2350 ... ~80pips
did you 'take and run'?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,869
- Sep 25, 2019 3:53pm Sep 25, 2019 3:53pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} {image} Also running down but slow and will hit this week's low.... support. {image}
AUDUSD Sep25 ... we have a new week low.
Look at Daily and see if we have a continuation down to BRN.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,870
- Sep 25, 2019 4:22pm Sep 25, 2019 4:22pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,872
- Sep 25, 2019 5:02pm Sep 25, 2019 5:02pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Just a few more pips to go.{image}
Look at Daily
try and squeeze more out of this ... to the next BRN 1.2300
breaking 50EMA on Daily is big!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,873
- Sep 25, 2019 5:36pm Sep 25, 2019 5:36pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Please help! I am new to TDI and almost every day I enter the price is reversed in the opposite direction. It cannot be casual that this happens in every couple every day. If it were random, it would happen 50% of the time. Maybe TDI worked fine ten years ago and maybe now it is a trap to catch unsuspecting like me. Can anyone advise me? Thank you. {image} .
Hi Suryananda
Did you follow-up with this GBPCAD the last 2 days?
There is a 'pause'at its D1 50EMA and looks good for a CONTINUATION.
Previous resistance become support ... that's one belief of technical traders.
or it is just the market playing the round numbers.
Note: the market will move price and take you where it will go ... not the TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
[quote = emmanuel7788; 12524599] {quote} Hola Suryananda ¿Continuaste con este GBPCAD los últimos 2 días? Hay una 'pausa' en su D1 50EMA ... no el TDI. {imagen} [/ cita]
In this graph you can see two different things.
1. The price seeking support in the uptrend.
2. The price turning down until we don't know where. But the TDI says that SHORT.
In my opinion; it would be preferable to look for the upside turn point in a 60M chart.
Regards.
.
{imagen} [/ cita]In this graph you can see two different things.
1. The price seeking support in the uptrend.
2. The price turning down until we don't know where. But the TDI says that SHORT.
In my opinion; it would be preferable to look for the upside turn point in a 60M chart.
Regards.
.
- #97,876
- Sep 26, 2019 3:35am Sep 26, 2019 3:35am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts | Online Now
This will most probably lead to a barrage of negatief posts
------
Yesterday: if you are short term swing trader, why trade against the H4?
Today: Note: the market will move price and take you where it will go ... not the TDI.
------
Anyway, now the herd is moving in a new direction with new indicators, forgetting that TDI is the main indicator in this thread.
This method that BigE has left us does not need new indicators rather fine tune TMS to your understanding.
Follow TDI.
When TDI indicate a possible trade with a green cross red there is a reason for that crossover. Find that reason with Post#647 and based on your conclusion place a trade or wait for a better set-up.
Follow up from Post 97,870
(Take note of the support line.)
Why do members always try to be smart and change what BigE left behind goes beyond understanding.
------
Yesterday: if you are short term swing trader, why trade against the H4?
Today: Note: the market will move price and take you where it will go ... not the TDI.
------
Anyway, now the herd is moving in a new direction with new indicators, forgetting that TDI is the main indicator in this thread.
This method that BigE has left us does not need new indicators rather fine tune TMS to your understanding.
Follow TDI.
When TDI indicate a possible trade with a green cross red there is a reason for that crossover. Find that reason with Post#647 and based on your conclusion place a trade or wait for a better set-up.
Follow up from Post 97,870
(Take note of the support line.)
Why do members always try to be smart and change what BigE left behind goes beyond understanding.
- #97,877
- Sep 26, 2019 4:08am Sep 26, 2019 4:08am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
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 I look for another trade.
5 ema... shows direction currently... only wanting to enter on candle 1 or two. 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... practice on Demo... take some chances and see if yor head computer was right... it's free.
HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !
Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...
<>
Why do member try be smart and change the template used by Big E as he had written clearly in Post#261 above.
Keep It Simple: Use the template by the OP and practice, practice, practice until you have mastered his 5-Method and achieved consistent results for 36 months before you make any fine tuning and create your own method.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,878
- Sep 26, 2019 4:12am Sep 26, 2019 4:12am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,879
- Sep 26, 2019 4:24am Sep 26, 2019 4:24am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts | Online Now
- #97,880
- Sep 26, 2019 4:29am Sep 26, 2019 4:29am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} .... or it is just the market playing the round numbers. Note: the market will move price and take you where it will go ... not the TDI.
GBPCAD Sep 26 D1 London session
Nice move now as GC breaks the 50EMA and let's see if this break is good by end of London session today.
+50pips locked now
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett