Trading Made Simple

Quoting gnomefan

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Quit forex (again) in 2024. Stumbled across this great and simple method by Big E (sad) and tested out a few trades by following the cross of TDI, got good results. Going to test it further on demo until the end of the month before trying with real money. An example of EJ i entered. Marked by the vertical line, as instructed by our Guru. Kindly let me know if it was a mistake or a correct one that i can repeat for years to come! {image}

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Quoting MKV3t

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{quote} Joined in '09 .... Quit forex (again) in 2024 .... Forever market junkie; don't know at what frequency you have been involved in markets but without any medical diplomas there is only one way. These malady cannot be fixed. Welcome to the club! Just hope it did not burn you to heavy on the way.

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Quoting emmanuel7788

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{quote} IF you follow the OP' 5-Method he mentioned in his post #5 and use TDI as your helping indicator in addition the Stoch(8,3,3), you will find many trade setups according to post #11 , post #261, and post #647, and you get many good trades. Any indicator...

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Quoting gnomefan

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Only thing i see now that i need to look into is the reentry or bounce trade. The cross is easy to spot during H1 or H4 candle movement within the 10 minutes of each TF. However, for bounces, i am unsure. Because, TDI may be a cross or just a bounce. What i do now is, after the bounce, i enter on candle 2 just to validate, as candle 1 seems a bit risky as green and red is close and may cross. What do you think?

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Quoting crypt0r

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I think I got something, for now still play around and shows all pips around open positions actually 140 in 50 min (there is mistake due bitcoin showing 10x more) {image}

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Quoting fugly

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here's a great post by Big E over at the other thread ... thought i'd just paste it in here for everyone's benefit {quote}

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Quoting crypt0r

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After reading big part of the forum - still on it... i open charts at time, made my trades, and 2 candles after before 3 pacific time i closed all with 280 pips 0 stress , total work 26 min 10 min first candles 10 min 4 hours 5 min last 4 hours 1 min to close all the trades I could stay in , but why to risk when you have such profit. tmorrow if there will be something i will enter, otherwise see on monday and take time to learn

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Quoting eelfranz

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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.

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Quoting eelfranz

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Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too. Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case...

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Quoting eelfranz

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//I trade the US Open first 2-3 hours on the 1 hr charts and then pretty much don't trade again until 10pm my time (2 hours before the London Open) and then it's on the 4 hr charts. I check any trades at 2am my time (Pacific) and then close all 4 hr trades at 6am my time.... and switch to hourly charts again. Some days I don't trade like Sunday or Friday.

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Quoting emmanuel7788

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{quote} Your UJ H4 chart price action show the market is range bound to the downside and this is confirmed by the Stoch(8,3,3). Check all JPY pairs and look at the composite strength which is more bearish this week. If you want to buy, wait for the Weekly and Daily both shows bullish price action and you will possibly take profit at 156.00 . On H4 we must see the swing lows and swing highs with higher highs. {image} ...

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Quoting emmanuel7788

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{quote} @crypt0r the 5-Method {quote} {quote} ...

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Quoting emmanuel7788

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{quote} IF you follow the OP' 5-Method he mentioned in his post #5 and use TDI as your helping indicator in addition the Stoch(8,3,3), you will find many trade setups according to post #11 , post #261, and post #647, and you get many good trades. Any indicator...

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Quoting iwan73

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{quote} Hello Emmanuel. I can't find Macd TMS indicator in attachments to this thread. Can you share it, please?

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Quoting emmanuel7788

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{quote} USDJPY Feb07 - my favourite pair to trade NFP - there will be volatility but ... - today's NFP will not change the Market Type {image} ...

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Quoting lynnc

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{quote} Its just the macd set to 2,13,7 instead of 12,26,9

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Quoting iwan73

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{quote} I know this basic staff. I just like the idea of different colours of histogram above and below 0 line. And also idea of a line connecting tops of each histogram bar. I don't have this kind of Macd indi in my collection.

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Quoting emmanuel7788

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{quote} {image} Download here : pipware charts v7.0 {file} {file} {file}

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