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Trading Made Simple

  • #141,961
  • Aug 23, 2023 7:35am Aug 23, 2023 7:35am
Quoting Tekkies
{quote} You are doing good Shaggalo. Try to catch the TDI crossover setup at the beginning of the new candle. As to the exist rules Post#6 > Go down 1, 2 frames. Check TDI on that timeframe, it might already show you that the trend is going in the right direction. Read post Post 97,081

@Tekkies

How can you give such advice here when you still have not figured out why you suffered that 5,000 trades losses...


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,962
  • Aug 23, 2023 7:38am Aug 23, 2023 7:38am
GU Aug 23 H4

- the last setup ...

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> today's PMI setup was a BEEOB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,963
  • Aug 23, 2023 7:40am Aug 23, 2023 7:40am
EU Aug 23 H4 PMI

- the last setup was ...

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>>> today' PMI setup was a BEEOB
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,964
  • Aug 23, 2023 7:47am Aug 23, 2023 7:47am
Quoting emmanuel7788
Aug 23 PMI data {image} EG H4 Aug 23 - consolidation ahead of PMI data > wait for this current H4 to close {image} ...

TMS Monitor Aug 23 H4 PMI setup conditions

- several good PA + MOMENTUM setups ...

> always cherry-pick the best market type conditions and take the trade setups,

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,965
  • Aug 23, 2023 9:17am Aug 23, 2023 9:17am
Quoting emmanuel7788
{quote} No @Tekkies you got that wrong ... strip the TDI from your charts for higher success .... #2617 {image} ...
Oh Yea
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  • #141,966
  • Aug 23, 2023 9:31am Aug 23, 2023 9:31am
Quoting emmanuel7788
{quote} @Tekkies How can you give such advice here when you still have not figured out why you suffered that 5,000 trades losses... {image} ...
Better still, Vincent.

Look first at your own advice.
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  • #141,967
  • Aug 23, 2023 1:02pm Aug 23, 2023 1:02pm
Quoting emmanuel7788
{quote} No! You did not read, study and taken notes in the old thread where it started. #4643 https://www.forexfactory.com/thread/...0#post13232450 {image} > TDI was used as helping indicator to the True Reversal candle setups #202 https://www.forexfactory.com/thread/...06#post3327406 >>>...
Well, it was a consolidation zone at Fib-Level and since it's DJIA you must translate 30 to 60 Pips. But still, even this was fullfilled.
It was a blue HA Candle which closed above EMA5 and we had a crossing of TDI at 32 - Level.
So no cherry picking please - some trades against major trend do not work, regardless of how many signals our systems may provide
Never give up!!
  • #141,968
  • Aug 23, 2023 6:16pm Aug 23, 2023 6:16pm
Quoting Haendlerin
{quote} Well, it was a consolidation zone at Fib-Level and since it's DJIA you must translate 30 to 60 Pips. But still, even this was fullfilled. It was a blue HA Candle which closed above EMA5 and we had a crossing of TDI at 32 - Level. So no cherry picking please - some trades against major trend do not work, regardless of how many signals our systems may provide

First, I cherry-pick the market types I and II when I trade.

The True REVERSAL in the old thread uses the Stochastics(8,3,3) from the Craig Harris Natural Flow Forex system which is for M15.

Big E copied that idea 12-2 and 4-6 and applied to the TDI as helping indicator...

Your chart did not have the Stoch but you have the helping indicator ... TDI ...

If you have the Stoch, then the chart would look like this, and the Price Action showing the swing would be easy to see

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,969
  • Aug 23, 2023 6:30pm Aug 23, 2023 6:30pm
Quoting Tekkies
{quote} Better still, Vincent. Look first at your own advice. {image}
@Tekkies

compare your 2021 TDI M15H1 Vline .. 5,000 trades losses minus -74.8%
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and my CI500 project 2017, ... 147 trades and account still positive +5.3%
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,970
  • Aug 23, 2023 6:40pm Aug 23, 2023 6:40pm
Quoting Tekkies
{quote} Oh Yea {image} {image}

@Tekkies

Yes.
follow the OP' post #2617 ...

>>> get rid of your Holy Grail TDI


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I did that in 2018, got rid of the lagging TDI...
and with fewer rules for entries and exits,

did 1073 trades and made +94.1% trading just one currency pair.

post #788
https://www.forexfactory.com/thread/...1#post12182551

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,971
  • Aug 23, 2023 7:46pm Aug 23, 2023 7:46pm
Aug 24 Daily

EA

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GA

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,972
  • Edited 8:03pm Aug 23, 2023 7:52pm | Edited 8:03pm
Thanks guys I appreciate your postings and comments. There's always many approaches to the same strategy.
I'm slowly getting used to HA.
I've done >50 trades on 15m with 0.01 to get some practice.
Not a fan of short term and I get lots of slippage even on ICmarkets.

I've changed the chart a little , added the shift 2 and made the line chart more visible so I can see the past closes.

What I like looking for is long runs on daily charts with these kind of entries.
I'v been doing ok for a long time with std candles, 2MAs and rsi on my chart trading across different timeframes.
This just seems to give a different angle and hopefully better entris and exits.

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  • #141,973
  • Aug 23, 2023 8:36pm Aug 23, 2023 8:36pm
Quoting emmanuel7788
{quote} First, I cherry-pick the market types I and II when I trade. The True REVERSAL in the old thread uses the Stochastics(8,3,3) from the Craig Harris Natural Flow Forex system which is for M15. Big E copied that idea 12-2 and 4-6 and applied to the TDI as helping indicator... Your chart did not have the Stoch but you have the helping indicator ... TDI ... If you have the Stoch, then the chart would look like this, and the Price Action showing the swing would be easy to see {image} ...
could have been a short trade here coming from supply, but I think you said you wouldn't take it (double top but not enough R/R)

I'm confused about how to tell Market 1 and 2? I think about price moving like nice hills and valleys, and no many wicks on the 4H

WCC would alway be the large bullish/bearish harami ?and then price retraces inside of it, that would need to be avoided - inside candles within - i.e. sideways

I'm using traditional pivot levels, weekly and daily and I put on 4H now too

Will start looking at ways to trade UJ
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  • #141,974
  • Aug 24, 2023 12:42am Aug 24, 2023 12:42am
It's that time of the day....coffee time after the siesta.
UJ short closed 58 pips profit. Gotta start counting pips now.
Long UJ and EJ
...ok EJ was a bad entry, but if i switch to 6H it looks nice so there
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And EU. entered on the 2H
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And some beginner's luck on copper and indices. Long Dow now too. Only trading daily charts on indices and commodities.
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Time to keep score of pips since amounts vary. Normally I don't count pips cause it's different and multiple exits fuzzy up the stats.
If i count all the pips across pairs it's over 300, though at least 100 oir 200 will be given back if market turns and Ihave to exit.
Had I been trading higher amounts I would likeley cash in 50% when TDI goes flat and let the rest ride, though this is still noob time.

Almost forgot the oanda acct. Also very small amounts.
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Hope I'm not annoying everyone with so many pics, I find it easier to learn and gives me a track to follow back on later.
  • #141,975
  • Edited 2:31am Aug 24, 2023 2:15am | Edited 2:31am
Quoting kenergy1
{quote} could have been a short trade here coming from supply, but I think you said you wouldn't take it (double top but not enough R/R) I'm confused about how to tell Market 1 and 2? I think about price moving like nice hills and valleys, and no many wicks on the 4H WCC would alway be the large bullish/bearish harami ?and then price retraces inside of it, that would need to be avoided - inside candles within - i.e. sideways I'm using traditional pivot levels, weekly and daily and I put on 4H now too Will start looking at ways to trade...
UJ WCC
> are not necessary large candles

> unlike WRB candles

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,976
  • Aug 24, 2023 2:46am Aug 24, 2023 2:46am
UJ Aug 24 H1 FO

- FO crossed down

- LO ???

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>>> Do Not trade blindly

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,977
  • Aug 24, 2023 3:04am Aug 24, 2023 3:04am
Quoting emmanuel7788
UJ Aug 24 H1 FO - FO crossed down - LO ??? {image} >>> Do Not trade blindly {image} ...

UJ Aug 24 H1 LO Update

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-
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,978
  • Aug 24, 2023 4:24am Aug 24, 2023 4:24am
London 10am, New York 5am, Pacific 2am

H1
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H4


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...

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...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,979
  • Aug 24, 2023 7:06am Aug 24, 2023 7:06am
EU Aug 24 H4 New York 8am

- dynamic entry is risky now with US data in 30mins

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #141,980
  • Aug 24, 2023 2:30pm Aug 24, 2023 2:30pm
Quoting emmanuel7788
{quote} UJ Aug21 H1 - DBLHC {image} ... > question is will there be buyers to take it above RN 145.50 > and it is at its 50EMA {image} ..
How do you get the tdi and HA candles in pipware?
If i change the setting to true everything disappeares.
I have V7 and 6.2 available.
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Forsage62