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Trading Made Simple

  • #131,581
  • May 4, 2022 3:26am May 4, 2022 3:26am
Quoting lynnc
{quote}There was nothing wrong with your GJ or GU trades, the TDI signalled at the start of the 8am candle, and they would still be working if you hadn't moved to BE so quickly. USD/chf would have been a no no for me because H4 is still strongly up. Likewise, eur/usd h4 tdi is down.
I know man, I really need to let my stop loss get hit or exit on TDI some hard rules because the emotional damage is killing me.
Thanks for your input.
  • #131,582
  • May 4, 2022 3:29am May 4, 2022 3:29am
Quoting snakecharmer
{quote} I know man, I really need to let my stop loss get hit or exit on TDI some hard rules because the emotional damage is killing me. Thanks for your input.
One way I've found works quite well is to wait until there is a change of heiken ashi colour, or you can follow x amount of pips behind the previous candle.
  • #131,583
  • May 4, 2022 3:32am May 4, 2022 3:32am
Quoting lynnc
{quote}One way I've found works quite well is to wait until there is a change of heiken ashi colour, or you can follow x amount of pips behind the previous candle.
Candle colour could be a thing for sure.
  • #131,584
  • May 4, 2022 4:06am May 4, 2022 4:06am
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  • #131,585
  • May 4, 2022 4:07am May 4, 2022 4:07am
Quoting snakecharmer
First 3 entries of the day {image}{image}{image}Update USD/CHF closed manually at 0.5% drawdown {image} SL HIT BE{image} And closed the last trade too, trade was really moving against me and TDI was negative {image} Absolutely terrible start of the morning, I don't know what to say.
Snake don't know the settings of your screen display. To me your are taking trades on pairs in consolidation.
That is a big No No with TDI.
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  • #131,586
  • May 4, 2022 4:13am May 4, 2022 4:13am
Quoting Tekkies
{quote} Snake don't know the settings of your screen display. To me your are taking trades on pairs in consolidation. That is a big No No with TDI. {image}
I would say yes you are right. They are at some sort of a swing/range/channel level, I trying to catch a move from one side of the channel to the other, especially if it's wide enough.
It's not the screen it's the broker CTrader, I post the trades from there so everyone can see exactly what I am doing and when I am entering the trades. But I only put the trades in from there. I do my analysis on tradingview. Ctrader is garbage but in my opinion but still years ahead of mt4/mt5.
Tradingview is the best.
  • #131,587
  • May 4, 2022 4:16am May 4, 2022 4:16am
Quoting snakecharmer
First 3 entries of the day {image}{image}{image}Update USD/CHF closed manually at 0.5% drawdown {image} SL HIT BE{image} And closed the last trade too, trade was really moving against me and TDI was negative {image} Absolutely terrible start of the morning, I don't know what to say.
Consider that USDCHF was in a narrow range consolidation but had not broken out of the range when you sold.

I put the consolidation zone in a blue rectangle, then displayed it rotated to remove the up bias.

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To free Gazans of Hamas, use whatever it takes.
  • #131,588
  • May 4, 2022 4:25am May 4, 2022 4:25am
Quoting snakecharmer
{quote} Something must be wrong with your broker platform or mine because for me the signal is clear on trading view is clear also.
As you can see for yourself, the thing that is wrong here is Vincent trying to add things to produce confusion. For example, how many posts did you find in this TMS thread of BigE's where he talked about a BEEOB? How about where he said that the stoch confirms the TDI crossing?
To free Gazans of Hamas, use whatever it takes.
  • #131,589
  • May 4, 2022 4:27am May 4, 2022 4:27am
Quoting DrDave
{quote} Consider that USDCHF was in a narrow range consolidation but had not broken out of the range when you sold. I put the consolidation zone in a blue rectangle, then displayed it rotated to remove the up bias. {image}
You are definitely right about the horizontal level doc, but I am not so sure you are right about the trendline. But you could be.
That's the 8 o'clock open candle and entry
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  • #131,590
  • May 4, 2022 4:28am May 4, 2022 4:28am
Quoting snakecharmer
{quote} I would say yes you are right. They are at some sort of a swing/range/channel level, I trying to catch a move from one side of the channel to the other, especially if it's wide enough. It's not the screen it's the broker CTrader, I post the trades from there so everyone can see exactly what I am doing and when I am entering the trades. But I only put the trades in from there. I do my analysis on tradingview. Ctrader is garbage but in my opinion but still years ahead of mt4/mt5. Tradingview is the best.
Tommy is the one to ask about Tradingview.
Dump Ctrader it is costing you money.
(Remember that broker don't all use the same Service Provider and what you see on Tradingview is not exactly the same on Ctrader.)
>You are confusing the butter nuts out of yourself by switching trading platforms when you want to place a trade.
My I suggest that you use MT4 for now until you understand TDI with BigE's advice.
  • #131,591
  • May 4, 2022 4:30am May 4, 2022 4:30am
Quoting DrDave
{quote} As you can see for yourself, the thing that is wrong here is Vincent trying to add things to produce confusion. For example, how many posts did you find in this TMS thread of BigE's where he talked about a BEEOB? How about where he said that the stoch confirms the TDI crossing?
I would like to say here that all the credit and respect to you guys, everyone that had the patience to put up with him and go back and forth with him on the thread. I felt something was wrong and well....

Unfortunately, I couldn't do it also so...I blocked him this morning.
  • #131,592
  • May 4, 2022 4:35am May 4, 2022 4:35am
Quoting Tekkies
{quote} Tommy is the one to ask about Tradingview. Dump Ctrader it is costing you money. (Remember that broker don't all use the same Service Provider and what you see on Tradingview is not exactly the same on Ctrader.) >You are confusing the butter nuts out of yourself by switching trading platforms when you want to place a trade. My I suggest that you use MT4 for now until you understand TDI with BigE's advice.
Nothing is costing me money it's all demo.
CTrader is only to place the trades that's all nothing else. I never look at it unless I place a trade. That's the only way I can show the exact live trades for you guys and monitor in real time with real consequences.
I rather quit trading then use mt4/mt5(no offence to anyone) I think it's obsolete.
  • #131,593
  • May 4, 2022 4:41am May 4, 2022 4:41am
Quoting snakecharmer
Another one. To be honest I think this trade is a mistake because it's not close to any levels it's just in a range. I guess the start of the morning is playing mind tricks with my analysis. {image} Yeah I closed this trade
1.Well, you COULD look at the last down swing as a down continuation. Of course, you would have had to have been looking at the green bars before it to see a rally to be sold. Then there is a good TDI cross down. (On my chart, the TDI cross confirmed at the close of the 2nd red bar.)

With the rather small bars in the rally, I would have been looking at M15 anyway where there was a better entry price.


2. With the 1-2-3 down trend that you see on your H1 chart, then looking to the left of that, you see a 1-2-3 uptrend. So, what comes next? Likely a 1-2-3 CONTINUATION uptrend.
To free Gazans of Hamas, use whatever it takes.
  • #131,594
  • May 4, 2022 4:48am May 4, 2022 4:48am
Quoting lynnc
{quote}There was nothing wrong with your GJ or GU trades, the TDI signalled at the start of the 8am candle, and they would still be working if you hadn't moved to BE so quickly. USD/chf would have been a no no for me because H4 is still strongly up. Likewise, eur/usd h4 tdi is down.
USD/chf would have been a no no for me because H4 is still strongly up

Think about that for a minute ...

If USDCHF H4 is strongly up, then how will it ever turn down? By looking at H8 or D1?? OF course not!! H4 CANNOT turn down until EVERY TF below is turned down. So if H1 is is making some new down bars, it is an ATTMEPT to turn down in the progression UPWARD through the TFs of turning down the H4.

Therefore, if H1 is just TRYING to turn down, the logic dictates to look at even SMALLER TFs for potential shorts, not to look at H4 (or larger) and decide that there should be only buying.
To free Gazans of Hamas, use whatever it takes.
  • #131,595
  • May 4, 2022 4:52am May 4, 2022 4:52am
Quoting snakecharmer
{quote} I would say yes you are right. They are at some sort of a swing/range/channel level, I trying to catch a move from one side of the channel to the other, especially if it's wide enough. It's not the screen it's the broker CTrader, I post the trades from there so everyone can see exactly what I am doing and when I am entering the trades. But I only put the trades in from there. I do my analysis on tradingview. Ctrader is garbage but in my opinion but still years ahead of mt4/mt5. Tradingview is the best.
Ctrader is garbage but in my opinion but still years ahead of mt4/mt5.

Nearly ANY charting package is years ahead of MetaTrader.
To free Gazans of Hamas, use whatever it takes.
  • #131,596
  • May 4, 2022 5:08am May 4, 2022 5:08am
Quoting snakecharmer
{quote} You are definitely right about the horizontal level doc, but I am not so sure you are right about the trendline. But you could be. That's the 8 o'clock open candle and entry {image}
I don't know what you mean about the trendline. But I extended to the left the horizontal level with a red line. You need a "good" close below that to consider selling.

But even without doing the detrending of that upswing and using your blue line, you can see there is not a close below that line, either. So, seeing that price has previously gone down into that zone but bounced back up, it would not be a surprise if it happened again--which, as you see, it did, on BOTH of the red bars.
To free Gazans of Hamas, use whatever it takes.
  • #131,597
  • May 4, 2022 5:09am May 4, 2022 5:09am
Quoting DrDave
{quote} Ctrader is garbage but in my opinion but still years ahead of mt4/mt5. Nearly ANY charting package is years ahead of MetaTrader.
Come on Dave, don't be so harsh. It is my favour platform to lose the little bit pocket money I get every month.
  • #131,598
  • May 4, 2022 5:12am May 4, 2022 5:12am
Quoting snakecharmer
{quote} Nothing is costing me money it's all demo. CTrader is only to place the trades that's all nothing else. I never look at it unless I place a trade. That's the only way I can show the exact live trades for you guys and monitor in real time with real consequences. I rather quit trading then use mt4/mt5(no offence to anyone) I think it's obsolete.
CTrader is only to place the trades that's all nothing else.
LOL
I run NinjaTrader and MT4. MT4 is only to place trades. (Well, and to post charts for the folks that said they got confused when I posted NinjaTrader charts instead of MT4 charts.)

I think it's [MetaTrader] obsolete.
To free Gazans of Hamas, use whatever it takes.
  • #131,599
  • May 4, 2022 5:14am May 4, 2022 5:14am
US Markets London 11am

- preparing for FOMC
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,600
  • May 4, 2022 5:15am May 4, 2022 5:15am
Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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