Eur/cad short on 4h {image}
So, no trades should be made. Wait for a breakout..
Victory Is the Only Thing That Can Keep You Alive...
- #150,102
- May 27, 2025 10:02pm May 27, 2025 10:02pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Wednesday May 28, London 6am
TMS 8 Pairs 4Hr
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TMS 8 Pairs 4Hr
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,103
- May 27, 2025 10:26pm May 27, 2025 10:26pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Eur/cad short on 4h {image}
Weekly does not look like there is fundamental press lower
unless if you are scalping the 4Hr candle
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,106
- May 28, 2025 4:10am May 28, 2025 4:10am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Hi Emmanuel, Do you know why my alerts from the dashboard below are so late, USDCHF sent me an alert and its way too late, the alert came at the last red candle. Thanks {image} {image}
You have the H1 TDI slope setting 7 4 ????
Looks okay according to the slope setting.
Example below M5
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
it seems that when entering the sideway phase, TDI will be in the area between 32-68
although TDI intersects but is in this area so I think this is an area where orders should not be placed.
does everyone think this is a correct assessment?
thanks everyone
although TDI intersects but is in this area so I think this is an area where orders should not be placed.
does everyone think this is a correct assessment?
thanks everyone
- #150,112
- May 28, 2025 5:05pm May 28, 2025 5:05pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,113
- May 28, 2025 5:37pm May 28, 2025 5:37pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
it seems that when entering the sideway phase, TDI will be in the area between 32-68 although TDI intersects but is in this area so I think this is an area where orders should not be placed. does everyone think this is a correct assessment? thanks everyone
There are certain market type conditions which you see using the full version of TDI and you can decide what you want to trade.
[quote=eelfranz;4392874]///The TDI just gives me a lot more information for making my entries & exits decisions.[quote]
In the case of your AUDCAD H4 chart Nov 2024, you need to look back to the past 5weeks minimum and see if the market is trending volatile or if it is sideways volatile.
THE default TDI setting has period 34 for the Market Base Line and its Volatility Band. IF you removed these, then you are only scalping for entry and exit.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,114
- May 28, 2025 6:02pm May 28, 2025 6:02pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
I left everything as default, I'll change it to 2 and 4 Im assuming the slope relates to the clock face. I'm using V1.01 because V 1.03 notifications was disabled. Any other settings that I should use? This will only be used for alerts not to trade with. Thanks in advance. {quote}
If you need to tool to help you look for trades, then use the TMS Monitor v1.1.
This TMS Monitor works better than the TMS Dash.
To learn Big E' TMS 5-Method trade setups according to conditions mentioned in Post #261 and Post #647,
the TMS_V19 EA is better.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,115
- May 28, 2025 6:14pm May 28, 2025 6:14pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Hello Emmanuel, if we look at the weekly trends of several pairs, we see that we have been trading against the trend since Monday (USD/CAD, GBP/USD, etc.). Have you traded against the trend this week? (No confusion, this is a friendly message.) Have you tried to resume the trend? What element are you waiting for to resume the trend?
TMS 8 pairs May29 Weekly charts Tokyo 10am
- look at the previous weeks candles,
- which pairs are Trending and which are Sideways,
- this week we decide based on Weekly Top Down Analysis,
- whether to day trade or to swing trade,
- think of "Let Profits Run" , you day trade in the direction of the Dominant Trend
- you can day trade against the Dominant Trend and like the OP he close all trades at 6am his local time.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
{quote} Chỉ số Traders Dynamic do Dean Malone tạo ra có rất nhiều thông tin mà bạn có thể sử dụng trong phân tích biểu đồ giá và phân tích loại thị trường của ḿnh. Có một số điều kiện loại thị trường nhất định mà bạn thấy khi sử dụng phiên bản đầy đủ của TDI và bạn có thể quyết định những...
thank you
I want to code a bot to trade all 28 currency pairs but I realized that
if I just enter in the default way
1. HA closes above/below SMA-5
2. stoch-TDI cross
if only these 3 steps are confirmed, it will be easy to code into a robot but like that, the orders are very wrong, only loss
maybe I still need to learn how to read candles and read market waves more
- #150,119
- May 28, 2025 10:28pm May 28, 2025 10:28pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} thank you I want to code a bot to trade all 28 currency pairs but I realized that if I just enter in the default way 1. HA closes above/below SMA-5 2. stoch-TDI cross if only these 3 steps are confirmed, it will be easy to code into a robot but like that, the orders are very wrong, only loss maybe I still need to learn how to read candles and read market waves more
Many have tried since 2006 including Dean Malone, his EA failed to make money.
IF your EA can trade specific Price Action with AI neural network then you may have a slim chance for some success.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #150,120
- May 28, 2025 11:16pm May 28, 2025 11:16pm
- Joined Jul 2012 | Status: Trader | 1,007 Posts
{quote} Monday May 26, London 6am Pacific 10pm 4Hr - it is very clear what to trade during this 4-hour and the next 4-hour {image} > IF you use TDI #25 for exit, you will lose more than you will win > consider post #557 for conservative exit ...
it is very clear what to trade during this 4-hour and the next 4-hour
This means, for example, that USD/CAD was in a downward trend over the weekly period and that it was necessary to try to enter short on the 4 hour period
So either since Monday you wait to find an opportunity to resume the trend or you counter the trend.