Trading Made Simple

Quoting Loker921

Disliked

{image} Hi Emmanuel, just to double confirm with you is this a good entry and good setup ? Correct me if i am wrong . Thanks

Ignored

Quoting emmanuel7788

Disliked

{quote} Hi Loker The setup look good however there are other factors which you may have to consider before taking any trade. see my comments on you chart. one key factor is the market timing. That setup is when the London session closed and after that there isn't any more H4 candle to manage the trade. Most often after the London close, this pair is narrow range trading hence avoid trading H4 setups and signals. I learned that the OP did not trade H4 during the NY session. He traded only H1 when NY session opens and only for 3-4 hours, which means...

Ignored

Quoting Loker921

Disliked

{quote} Thanks Emmanuel . Glad that I am doing it correctly except the timing and price action part . One more question from me , lets said we ignore all other factors , where will be your entry? First red candle? For your information my entry on this trade is on second candle . Thanks in advance

Ignored

Quoting emmanuel7788

Disliked

AUDJPY Jan13 M15 trades first loss of this week ... now with re-entry and running into {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} The correct entry would be after the first red HA candle had closed because you are using the realtime TDI version which paints on every price tick. And the second HA candle open with the same colour is the correct entry. However, there are situations where you can enter during the first HA candle provided you use the same TDI version the OP used , i.e. the TDI in Post#25, and he knew how to pick an aggressive entry using CraigHarris' reversal candle setup. The conservative entry would be only when the HA candle closed below the 5EMA Typical...

Ignored

Quoting Loker921

Disliked

{quote} Can you explain further on the aggressive entry and the TDI #25? Which mean we can enter on the first candle when using TDI #25 by not waiting the first candle closing ? Correct me if i am wrong , still in the learning process . Thank you

Ignored

Quoting emmanuel7788

Disliked

{quote} TMS 5-Method is entry method using the 5EMA Typical price ,Shift+3 is aggressive when compared to Dean Malone' Synergy entry using the 5SMMA High-Low price action channel. Read the OP's post using search keywords, example ... {image} also search keywords "conserative" and "conservative"... If you want to get an entry during an active APB/HA#1 before that candle close, it can only be based on simple price action seen with the Price Bar chart with the APB/HA candle in background. Look for 5 bars swing high or swing low... True reversal by...

Ignored

Quoting Loker921

Disliked

{quote} Thanks mate . Appreciate Whats the RSI doing with the STOCH on your post ? New form of strategy ? Crossing 50 to confirm trend buy or sell ?

Ignored

Quoting emmanuel7788

Disliked

{quote} the RSI(13) is the true data used by the TDI indicator calculations. The TDI Green line is a 2-period EMA of the RSI(13) data. I look at the price action of both the real PRICE BAR and its Average Price Bar aka HA candle. I look at price momentum of the RSI(13) with the Stoch(8,3,3). {image}

Ignored

Quoting Loker921

Disliked

{quote} How did you manage to add the RSI and MA together ? Mine keep added to the main window although i drag it to the RSI indicator window .

Ignored

Quoting emmanuel7788

Disliked

{quote} go to this website and learn how to replicate the TDI in any platform including your mobile trading platforms https://forex-station.com/viewtopic....38#p1295362638 forget about all the TDI versions you find in FF. Keep It Simple: use Common Indicators in your trading platform.

Ignored

Quoting emmanuel7788

Disliked

EURJPY Week 03 Jan 13 D1 buy in similar sideways market type conditions {image}

Ignored

Quoting emmanuel7788

Disliked

XAUUSD Jan13 H4 swing Do you believe in a 50EMA can act as support? do you see CONFLUENCE of other "support"? {image}

Ignored