Trading Made Simple

Hello,

I set up a template using the supplied indicators and changing no settings. This is what my chart of the same pair, same time looks like.
It appears that my platform, FXCM, uses the open time of the bar and eelfranz uses the close time. My HA shapes are similar but not exact and my TDI and Stoch are roughly the same.

Archie

how do you know wether to buy or sell using the tdi once the green line crosses the red line

This looks like it will get along with my daily life! Are you using any kind of stop loss or money management??

This is a variation of Dean Malone's Synergy method which I trade. It's a good system. If you use both 5 ema's to create a channel a good place to put a stop loss is on the ema on the opposite side of the trade.

Congrats Big E on the new thread !!
I know its going to be really successful. I for one will be sticking around for some time continuing to learn from all the great resources available here , esp you !!

Cheers

SR

it would help if first post is updated with all the indicators used. thanks

Hey Big E,

I sent you a pm.

Rustynail

Hi,

Can this be reloaded please? I am not getting it as per the screenshots posted in sample files.
Also there is a mention of 8 pairs of currency charts for trading this method.If I could get the details of the pairs would be great.

Thanks in advance,


NB

Rille... I would have entered one candle earlier.

HA candles average a 3-8 candle run in most cases when it reverses... That's why I want to enter on candle 1 or 2 if I see a set up. A single candle on the 4hr nets you 30-60 pips or more generally. If it goes 3-4 candles you've already made 80-150 pips.

When using Japanese candles you see up down up down and your stressed to the max during your trade... It's more calming to trade HA candles.

I put the old one back hope that fixed it. Sorry no mq4 file. see post 25

Dean Malone @ www.compasfx.com trades a similar method but it's very conserative... to slow for me and I had to pass on a lot of pips using his rules and he trades 15 min charts which I don't like...

If you want the Original TDI Indicator and HA candle indicator (Average Price Bars) go to the site above. They are free downloads. You can remove what you want...

Dean invented the TDI... and I removed all the extra lines to make it easy to look at and trade... same thing with his Synergy charts... I kept eliminating all the extras until we got down to what I trade now... no fluff. His charts and TDI are too busy for me... I like simplicity... He doesn't use the TDI the same way I do either...

Bomman,

Which direction to trade the TDI... Is it going up (long) or coming down (short)... that's the direction to trade.

Tru...

I hate S/l trading. The safest way is to place your S/L at the last hi or low a couple of candles back... I've never had one taken out that way...

A set up is NOT GREEN TOUCHING RED. Why? Many times green bounces back and the original direction continues. That's a bounce trade.

Wait for green to CROSS RED and open your trade at the beginning of the new candle... usually candle 1 or 2.

Catch the momentum...

Hi Eelfranz,

Do you mind suggesting the some of the favourite pairs for this strategy please? I am in toronto and would like to try this out as suggested by you earlier.

Thanks again,
NB

I am in the skype room as well, but excellent work here.

I'm on a laptop that no longer allows me to post a chart on FF. I'll post a chart tomorrow showing you again a normal trade set up and a bounce trade... once you see it you'll have it down...

Hey all you regulars... thanks for jumping in and helping out other trades new to our method...

eelfranz,

could you please look at this chart taken from your post, and and let me know about the entry, please.

http://clip2net.com/s/UdaC

Thank you.

Enter always on a close to get full confirmation