{quote} Why do you have so many indicators on your chart? Here is a nice clean chart. Only two indicators, the dead TDI and Stoch, so easy to apply post#647. Look at that nice TDI angle above 2 and Stoch confirming the direction. You are right about one aspect, it does take practice to train the eye. {image} Now before you blow a top gasket about HA candle, 5EMA, BigE did post this: Post 4,088.....If you don't like HA Candles then trades the Japaneese candles. Post...
{quote} EURUSD Jan 05 H4 at Frankfurt 7am - easy decision today. - you have a trade window open now. {image}
{quote} "you have a trade window open now" Yeh, I know, every time a trader opens a chart, he opens a trade window. It is a easy decision: Consolidation against support, wait for London open. {image}
{quote} Are you sure that's right? You didn't mention a mother bar. Nor inside bar. Nor BEEB. Nor BEUB. Nor Big Round Number. Nor True Reversal. Nor False Reversal. Nor Reversed Reversal. Nor the M15 closing the H1 closing the H4 closing the D1. It CAN'T be any good the easy way that you presented: Everyone knows that it MUST be complex and confusing to be any good!
{quote} Almost all of my exits were terrible. I have two old school jokes. 1. It is never the taking off that kills you, it is always the landing. 2. The entry is always great, but can you pull out in time? I would almost always move a stop on a laddered trade. Once I had 5 figures in profit that took me a year to build. I removed my stop loss because I got worried about gap risk over the weekend. I gave back half. I gave it back because I could not be bothered to tend my business when the store opened in New Zealand at the start of the week. Hubris....
{quote}We take on risk when we are losing, and as soon we are in the black, we close the trade. That is an inverse risk/ reward over time. We should actually avoid risk when losing and take on risk when winning. Most traders will only catch a good trend or two once or twice a year. Those trends will make your year. Thoughts?
{quote} I suspect that you are not sipping good liquor on a beach with the lover of choice is because you are a terrible risk manager. How do I know this? It is human nature to avoid losses. We take on risk when we are losing, and as soon we are in the black, we close the trade. That is an inverse risk/ reward over time. We should actually avoid risk when losing and take on risk when winning. Most traders will only catch a good trend or two once or twice a year. Those trends will make your year. Thoughts?
they are always problematic) becomes a 
{quote} Sipping liquor on the beach, sooner or later that liquor turns sour, lover (excluding wife,
{quote} Great question Tekkies. Find a low, follow the bars, if in that swing the high exceeded a recent high, you have a trend. How to exploit that? AB=CD. This works especially well with the TDI because you can trade pullbacks. You can of course also trade breakouts, but you will need to have a deep stop. While your probability of success will be higher, when you do get stopped out, you will feel more pain. Here is what you will need to learn. You make an excel spreadsheet and find out what the average range of a bar is, and then go two standard...
Would rather stay with TDI + Stoch
