{quote} XAU Aug 09 H1 London 0952am - H1 looking nice but wait for .... {image} ... {image}
Something like this Vincent? Same setup, Same rules. === When TDI give a signal > Refresh chart. > Did TDI green cross red (green bounce red) > TDI green angle above / below 2 / 4 > Is Stoch confirming TDI green direction > Candle 1 or 2 ===Use post#647 to confirm TDI signal {image}
a Little followup to Post 141,418 {image}
{quote} hey @Tekkies why do you sell before the H1 bar/candle close to confirm the setup? that is risky when you do not follow Big E' posts and wait for the setup candle to confirm. Your TDI repainted when your refresh your chart. There was no TDI green cross red at the time of your sell entry. That is a Price Action trade ... Inside Bar ...consolidation breakout ... {image} see my post above #141, 421 https://www.forexfactory.com/thread/...7#post14529217...
Hi everyone, I have been going through as much of this thread slowly slowly but it is rather large! I was wondering if anyone had any results to share for this strategy to show how successful it is and if anyone is actively trading this on a live account? (May be a silly question)
{quote} Am I missing something here ?
Divergence, That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.
Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...
XAU Aug 09 Daily .... direction is obvious - but can trade both-ways {image} > Stoch (8,3,3) below 20-level, some believe it is strong down trend > but look at H4 and H1 they tell another story ... ...
I find it almost impossible to filter out any inappropriate commands when HA candle appeared, then the price also went down/up SMA-5, and then TDI vs stoch also crossed. This method is almost every entry where am i wrong?
Reply to PM: Q. when trading the lower TF m30, do I follow the H4? Answer: Yes and No. I look at the Big Picture Monthly, Weekly and Daily. I follow the 4hr i.e. the H4 chart of my broker with New York 5PM as its open On my charts, I do not want to trade when the market type conditions show sideways narrow range market, For example GBPAUD H4, there is a Master Candle ... *consolidation market according to post #647 And with the range high-low abut 80pips, I would avoid taking any trade even if that is on a m30 chart timeframe, it is unlikely that...
