Trading Made Simple

Quoting yinhosan

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{quote} Yes thank you for your input. For now, I am trying to stick with H1 and H4 trading following BigE method (Basic Forex PA, TDI and Stochs). Keeping things simple.

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Quoting tommydoginti

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{quote} Hi Hasib, do you know the nature of TDI? they are MOVING AVERAGE of RSI. while RSI is a leading indicator, smoothing with Moving Average makes it a lagging indicator Please again visit the BabyPips.com link I provided to you. Moving Average as Lagging Indicator is the first on the list. Clever you Just how much do you want to humiliate yourself?

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Quoting DrDave

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{quote} Clever you Just how much do you want to humiliate yourself?[ You see how the FOCUS ON TRADING is quickly lost? It's only a short step to stripping off the veil of calm that is camouflaging the toxic dump below.

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Quoting tommydoginti

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{quote} Hi Yinhosan, just for demonstration of my approach, I entered a 0.1 lot sell upon TDI sell cross on m30 and bounce on H1. Analysis on both time frames should give you similar entries I don’t usually trade this pair so I exited soon as I see price halts at minor support. It may go further down. Reason is uptrend unable to break high, and finally volatility picked up and a wick rejection, ie double top, whatever you call it. Sell entry when cross/bounce formed Trade well {image}{image}{image}

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Quoting hasib

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{quote} Do not do your attack, show some of your trade. where is your trade we are posting our trade here. where is your trade.

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Quoting hasib

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{quote} your wrong again. you think RSI is lagging indicator. Let me teach you. Popular leading indicators are the Stochastic, the Relative Strength Index (RSI), Williams %R, and the Momentum indicator. (according to Babypips article)

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Quoting heispark

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{quote} They all lag price therefore they can be deemed as lagging indicators. If you use them to find overbought/sold conditions and divergence with price (a voodoo science by the way), they can be deemed as leading indicators but people lose money consistently using these 'leading' indicators as you know....

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Quoting tommydoginti

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{quote} You are correct. The privilege of TMS is it sticks with a lagging indicator TDI as trigger, so price has to pick up momentum and align with directional bias of the leading signals in order to open a trade. The odds is higher this way.

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Quoting tommydoginti

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{quote} GU was a cleaner down with better setup IMO. divergence double top. Confluence on higher TF gives confidence in bigger targets. TP at QM level. Studying BigE’s posts carefully will spot the different in trading the NU and GU. They are actually 2 variations of trade opening which were both described by BigE. I am not talking about cross and bounce here. Second is since TDI RSI MA is a lagging indicator. HA/APB is also lagging. stoch is leading indicator but optional. however, trend, H/L are leading PA analysis. If you would use TDI with something,...

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Quoting heispark

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{quote} TDI is bloody slow and lagging. Are you guys really serious? There are tons of better modern tools out there such as Jurik filter. Do some research. Mladen's free tools are good starting point to start.

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Quoting heispark

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{quote} TDI is bloody slow and lagging. Are you guys really serious? There are tons of better modern tools out there such as Jurik filter. Do some research. Mladen's free tools are good starting point to start.

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Quoting tommydoginti

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{quote} Interesting point. As I know, TDI is RSI MA (2) and (7). MA crosses are invented to reduce lag, famous example is ZeroLag MACD. My experience with TDI is it is valid cross after 1 candle of momentum pick up. In this thread there is another way to trade TMS to even reduce the lag. I think it is pretty equivalent to a traditional candlestick pattern analysis which is validated as soon as a candle closes. *add: I often trade when price goes from slow and pick up momentum, hence less lag. I see your point of worse lagging if price makes sharp...

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Quoting heispark

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{quote} RSI is lagging. MA is lagging. Then you can imagine how MA of RSI can be lagging.... It's double lagging. By the way, because I am a consistent loser at least as a day trader (at least for now), you should not listen to me just like Tekkies.

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Quoting heispark

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{quote} They all lag price therefore they can be deemed as lagging indicators. If you use them to find overbought/sold conditions and divergence with price (a voodoo science by the way), they can be deemed as leading indicators but people lose money consistently using these 'leading' indicators as you know....

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Quoting hasib

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Final trade of the day. {image}

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Quoting emmanuel7788

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Oops! Who is buying EU? TDI crossed Up and crossed Down.... {image}

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Quoting emmanuel7788

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{quote} NU May26 H1 - would be interesting to watch this from now on, see price drop back into the big RBNZ candle .... 'hidden gem' to mine. - not saying it will happen today, but any time in near future {image}

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