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  • Post #98,061
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  • Oct 3, 2019 7:35pm Oct 3, 2019 7:35pm
  •  Maule
  • | Joined Aug 2016 | Status: Member | 208 Posts
Quoting Tekkies
Disliked
{quote} Looking at when you closed the trade you even forgot you had a open trade going. At work or no access to a computer? You lost a great deal of profit with those blue bar's.
Ignored
Nope didn't forget. Just sticking to my trade management rules by manually moving the stop above recent structure.
I'm already up 190+ pips on AJ using this method. That's how I choose to let my profits run .
What I forgot about was the post, not the trade
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  • Post #98,062
  • Quote
  • Oct 4, 2019 1:59am Oct 4, 2019 1:59am
  •  Tekkies
  • Joined Nov 2015 | Status: Closet Trader | 5,905 Posts | Invisible
Quoting Maule
Disliked
{quote} Nope didn't forget. Just sticking to my trade management rules by manually moving the stop above recent structure. I'm already up 190+ pips on AJ using this method. That's how I choose to let my profits run . What I forgot about was the post, not the trade {image}
Ignored
You need to re-evaluate the trade exit rules of your method.
Referring to chart posted Post 98,061 the rules currently is forcing you:
- To give a lot of pips back to the market.
- To wait 14*H4 bars to close that trade.
- Missing out on a very profitable crossover that started at 01 Oct 00:00
Keep it Simple
  • Post #98,063
  • Quote
  • Oct 4, 2019 7:54am Oct 4, 2019 7:54am
  •  Maule
  • | Joined Aug 2016 | Status: Member | 208 Posts
Quoting Tekkies
Disliked
{quote} You need to re-evaluate the trade exit rules of your method. Referring to chart posted Post 98,061 the rules currently is forcing you: - To give a lot of pips back to the market. - To wait 14*H4 bars to close that trade. - Missing out on a very profitable crossover that started at 01 Oct 00:00
Ignored
I have learned from past experience not to risk 90% in order to make 10%. Trying to squeeze out those last pips at the end would cost you in the long run.
There's an electronic Trading Journal - Edgewonk. I highly recommend it to anyone who wants to carry their trading to the next level. Get the accurate statistics to see exactly where you need to improve rather than guessing.
  • Post #98,064
  • Quote
  • Oct 4, 2019 8:03am Oct 4, 2019 8:03am
  •  dazzle789
  • | Joined Jun 2018 | Status: Member | 6 Posts
Quoting patry89
Disliked
Hi guys, I am testing the system with good results so far. Do you know if there are some Skype groups where to share live trades/ideas and helping each other? Thankss
Ignored
How long have you been learning this system?
Can you upload a picture the next time you make a order?
  • Post #98,065
  • Quote
  • Oct 4, 2019 8:08am Oct 4, 2019 8:08am
  •  dazzle789
  • | Joined Jun 2018 | Status: Member | 6 Posts
Quoting emmanuel7788
Disliked
{quote} well, the OP once said: I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ... but I can do the same on H4 with a view to large timeframe period duration... TDI Pro2 {image}
Ignored
Can I upload some pictures of the order here?
live or demo???
  • Post #98,066
  • Quote
  • Oct 4, 2019 8:09am Oct 4, 2019 8:09am
  •  patry89
  • | Joined Nov 2010 | Status: Member | 11 Posts
Quoting dazzle789
Disliked
{quote} How long have you been learning this system? Can you upload a picture the next time you make a order?
Ignored
It's 3 years now.
Ok, I'll do it.
  • Post #98,067
  • Quote
  • Oct 4, 2019 8:49am Oct 4, 2019 8:49am
  •  Tekkies
  • Joined Nov 2015 | Status: Closet Trader | 5,905 Posts | Invisible
Quoting Maule
Disliked
{quote} I have learned from past experience not to risk 90% in order to make 10%. Trying to squeeze out those last pips at the end would cost you in the long run. There's an electronic Trading Journal - Edgewonk. I highly recommend it to anyone who wants to carry their trading to the next level. Get the accurate statistics to see exactly where you need to improve rather than guessing.
Ignored
Did not mentioned to risk 90% to make 10% nor trying to squeeze those last pips.
-----
The exit rule you are using is costing you pips you have already made.
You can not see that on the chart you posted Post 98,061 , then any improve won't help much.
Attached Image
Keep it Simple
1
  • Post #98,068
  • Quote
  • Oct 4, 2019 1:54pm Oct 4, 2019 1:54pm
  •  Maule
  • | Joined Aug 2016 | Status: Member | 208 Posts
Quoting Tekkies
Disliked
{quote} Did not mentioned to risk 90% to make 10% nor trying to squeeze those last pips. ----- The exit rule you are using is costing you pips you have already made. You can not see that on the chart you posted Post 98,061 , then any improve won't help much. {image}
Ignored
Not bothering to go back and forth with you on this. You're basically trying to give trading advice on one trade. But I am telling you that from my own trading journal entries, analyzing my own statistics over 50+ trades. In the long run. This method works over simply exiting just because the TDI crosses.
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  • Post #98,069
  • Quote
  • Oct 4, 2019 2:17pm Oct 4, 2019 2:17pm
  •  Tekkies
  • Joined Nov 2015 | Status: Closet Trader | 5,905 Posts | Invisible
Quoting Maule
Disliked
{quote} Not bothering to go back and forth with you on this. You're basically trying to give trading advice on one trade. But I am telling you that from my own trading journal entries, analyzing my own statistics over 50+ trades. In the long run. This method works over simply exiting just because the TDI crosses. {image}
Ignored
You are right Maule, stick to what works for you.
One observation made is only a indication of a possible flaw that might (or not) become noticeable over longer period then 50+ trades.
Keep it Simple
1
  • Post #98,070
  • Quote
  • Oct 4, 2019 2:38pm Oct 4, 2019 2:38pm
  •  DrDave
  • Joined Jun 2011 | Status: MEMBER: Temporary Suspension | 3,995 Posts | Invisible
Quoting Maule
Disliked
{quote} Not bothering to go back and forth with you on this. You're basically trying to give trading advice on one trade. But I am telling you that from my own trading journal entries, analyzing my own statistics over 50+ trades. In the long run. This method works over simply exiting just because the TDI crosses. {image}
Ignored
I see on your image that you marked green X red the other way for your exit. BigE often used "when green hooks over" or "when green goes flat". Using that, your earliest exit would have been very close to the bottom of that swing and a winner, not a loser.
The markets are speaking to you. Do you know their language?
IMT Pips This Year: -140
  • Post #98,071
  • Quote
  • Oct 4, 2019 3:00pm Oct 4, 2019 3:00pm
  •  Tekkies
  • Joined Nov 2015 | Status: Closet Trader | 5,905 Posts | Invisible
Quoting DrDave
Disliked
{quote} I see on your image that you marked green X red the other way for your exit. BigE often used "when green hooks over" or "when green goes flat". Using that, your earliest exit would have been very close to the bottom of that swing and a winner, not a loser.
Ignored
Dave, there are a few point's on that chart that indicate the TDI red green is not used to make trade decisions. Maule did mention diverge in one his posts.
(What I know of diverge is that you only can see it develop after price has made many bars)
- Entry is 3/4 bars late
- Did he closed the trade where he indicate a 50 pips lose and placed a buy trade he would have made double the profit then what he made with one trade.
The same for the first 14 blue bar.
- Did he close the trade on that first cross over he would have again made double profit.
> Keep the profit already made
> Made profit from the buy trade
Attached Image
Keep it Simple
  • Post #98,072
  • Quote
  • Oct 4, 2019 3:32pm Oct 4, 2019 3:32pm
  •  DrDave
  • Joined Jun 2011 | Status: MEMBER: Temporary Suspension | 3,995 Posts | Invisible
Quoting Tekkies
Disliked
{quote} Dave, there are a few point's on that chart that indicate the TDI red green is not used to make trade decisions. Maule did mention diverge in one his posts. (What I know of diverge is that you only can see it develop after price has made many bars) - Entry is 3/4 bars late - Did he closed the trade where he indicate a 50 pips lose and placed a buy trade he would have made double the profit then what he made with one trade. The same for the first 14 blue bar. - Did he close the trade on that first cross over he would have again made double...
Ignored
My comment was only addressing that one specific image that was marked showing "If I closed it here..." (green X red).
I do not know his system. Perhaps he does not want to spend a lot of time in front of the screen and has found a method for setting his TP that enables him to adjust it, if needed, infrequently. I typically target a mere 10 pips, which very often leaves a lot of pips unharvested. It is not a problem for me, because a I have a trading plan, and 10 pips gets me to my goals. If his plan is getting him to his goals, then it is a good plan.
The markets are speaking to you. Do you know their language?
IMT Pips This Year: -140
  • Post #98,073
  • Quote
  • Oct 4, 2019 3:49pm Oct 4, 2019 3:49pm
  •  Tekkies
  • Joined Nov 2015 | Status: Closet Trader | 5,905 Posts | Invisible
Quoting DrDave
Disliked
{quote} My comment was only addressing that one specific image that was marked showing "If I closed it here..." (green X red). I do not know his system. Perhaps he does not want to spend a lot of time in front of the screen and has found a method for setting his TP that enables him to adjust it, if needed, infrequently. I typically target a mere 10 pips, which very often leaves a lot of pips unharvested. It is not a problem for me, because a I have a trading plan, and 10 pips gets me to my goals. If his plan is getting him to his goals, then it...
Ignored
True, no trader see the same chart the same way or even trade the same method the same way.
-----
It did hinder me to see al those pips wasted after 18 days trading. (Wonder what was the swap fee on that trade.)
Keep it Simple
  • Post #98,074
  • Quote
  • Oct 4, 2019 8:22pm Oct 4, 2019 8:22pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 29,544 Posts
Quoting Tekkies
Disliked
{quote} Triple == crossover on M15, crossover on M30, a crossover on H1 at the same time ---- Ok, this is not going to work with out a chart Dave. Will post a chart later and ask you again.
Ignored
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Tekkies' BRN 98000 ...post

"Triple == crossover on M15, crossover on M30, a crossover on H1 at the same time"

I started counting how many times from now till the next big round number 99,000 this "crossover on M15, crossover on M30 , a crossover on H1 at the same time" ...will happen. Let's see charts post in live market real time and not use any of the repainting TDI versions. Only the first version of the TDI in Post#25 used by the OP Big E.

If this does not happen, I will continue counting till the next bigger round number 100,000.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
2
  • Post #98,075
  • Quote
  • Oct 4, 2019 8:28pm Oct 4, 2019 8:28pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 29,544 Posts
Quoting Tekkies
Disliked
{quote} True, no trader see the same chart the same way or even trade the same method the same way. ----- It did hinder me to see al those pips wasted after 18 days trading. (Wonder what was the swap fee on that trade.)
Ignored

that would be in Post#658 by the OP.
Quoting eelfranz
Disliked
Remember that not everyone sees the market and TDI the same way you do... {image}
Ignored
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Name: Big E #658.png
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
2
  • Post #98,076
  • Quote
  • Oct 4, 2019 8:30pm Oct 4, 2019 8:30pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 29,544 Posts
Quoting Maule
Disliked
{quote} Not bothering to go back and forth with you on this. You're basically trying to give trading advice on one trade. But I am telling you that from my own trading journal entries, analyzing my own statistics over 50+ trades. In the long run. This method works over simply exiting just because the TDI crosses. {image}
Ignored

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
2
  • Post #98,077
  • Quote
  • Oct 4, 2019 8:47pm Oct 4, 2019 8:47pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 29,544 Posts
Quoting emmanuel7788
Disliked
{quote} USDJPY Oct 04 SYD open update Nice! yesterday hit 106.48 Low more selling ... *NFP today New York session. I see lower level target ... region 106.29 and the next BRN 106.00 {image} {image} Trade Well and Trade Safe. _______________________________________________________________________ Learn from the past, live in the present.
Ignored

USDJPY Week 40 Sep 30 to Oct 04 review,

did NFP reverse the market or changed the market type conditions?

look at Weekly close and we see the market type conditions. It is sideways ... Weekly high low ranged bound ... 155 pips.

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Name: USDJPY Oct 04 D1 post-NFP 05-10-2019 08-35-04.png
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Name: USDJPY Oct 04 W1 closed after NFP 05-10-2019 08-35-59.png
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back to trading the Daily next week ... Week 41 Oct 07 to 11.

Do not trade the New York Sunday 5pm open.
Mondays after a Friday NFP usually boring trading day but what can happen next week nobody can tell because of Post#98,047

TMS 5-Method Daily chart below,

I chase the sellers seeing the Weekly BEEB/BEOB but be careful with the Weekly WRB Low which can be support for swing low.

Attached Image (click to enlarge)
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Name: USDJPY Oct 04 D1 close TMS chart 05-10-2019 08-38-47.png
Size: 49 KB


Trade Well and Trade Safe... cut-loss is previous two-weeks' high.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
2
  • Post #98,078
  • Quote
  • Oct 6, 2019 5:21am Oct 6, 2019 5:21am
  •  neoaus
  • | Joined Sep 2019 | Status: Member | 44 Posts
Hi All,

What are your thoughts on the AUDUSD daily chart?
-Good support / 3 touches
- BUOB closed above the 5
-TDI 12-2 angle, stoch confirmation

Cheers,
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  • Post #98,079
  • Quote
  • Oct 6, 2019 5:43am Oct 6, 2019 5:43am
  •  DrDave
  • Joined Jun 2011 | Status: MEMBER: Temporary Suspension | 3,995 Posts | Invisible
Quoting neoaus
Disliked
Hi All, What are your thoughts on the AUDUSD daily chart? -Good support / 3 touches - BUOB closed above the 5 -TDI 12-2 angle, stoch confirmation Cheers, {image}
Ignored
Looks to me like AUDUSD D1 has the smaller timeframes cycling inside of it now, probably with a little bit more up moves that may not go to new highs on D1. In any case, in my view, I am looking for lower timeframes to go into retracement soon.

Considering that W1 is overdue to go up, there could be some radical swings on lower timeframes if the money takers market makers decide to come on board.
The markets are speaking to you. Do you know their language?
IMT Pips This Year: -140
  • Post #98,080
  • Quote
  • Oct 6, 2019 7:36am Oct 6, 2019 7:36am
  •  neoaus
  • | Joined Sep 2019 | Status: Member | 44 Posts
thanks dave.
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