{quote} /// In regards to your USDCAD chart, it seems PA is on the Support and having difficulty breaking that area. Most probably it will bounce and TDI will show a crossing. This confirms a buy trade. Is that right?
Quick question, do you consider this already crossed, or wait for the next candle to open to confirm the cross and entry?{image}
{quote} Here is today' live example, TDI ...there is no cross! Stoch has a cross {image} ...
{quote} Example of a M30 setup with Stoch and TDI , - note the TDI green slope 7.5 {image}
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The 4 Hr., USD/CAD trade is up to 91 pips profit now... You can trade the 5 method without the TDI if it's a problem... PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close. The TDI just gives me a lot more information for making my entries & exits decisions.
Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way... The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually...
{quote} EU Feb13 Daily - will this run into the London session, {image} ...
{quote} This line is resonating with me. So, for the 5 method, its actually when the PA (Heiken Aishi candle) crosses the MA 5, and if the next candle is the same color, we enter it. Wait.. is it that simple or am i missing something here?
///2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean? It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why? ///.
Big E said something like this to check before entering "How does the momentum look right now (12-2, 4-6)" whats an indicator for metatrader 5 (i cant use 4) that can tell me the angle for the momentum, please let me know
Hi Emmanuel, thanks for the guidance, I don't know if it works with Crypto ?
Hi Emmanuel, thanks for sharing all this info. Trying to catch up as a beginner. Regarding your last picture, and comment, how do you evaluate the trade based on the slope numbers? If there is a separate post where you talk about how to read and implement the slope would appreciate if you could share it. Also, do you have experience trading the 5 method on US index, for example the Nasdaq 100? Tks in advance. Cristian
