Trading Made Simple

usd/chf H4 -315 pips

Anyone see a problem with taking this trade? I entered at the close of the candle on the vertical line.

Dean,

What I do is trade 100% by the TDI. At one time I had a bunch
of moving averages on my charts and would not trade against
them but I felt like I was missing a bunch of trades and money.

So I took all the moving averages off my charts. If you look at my
charts they look exactly like Eelfranz and I trade with what the
TDI is telling me.

I try not to second guess the market. If the market is going
up I go long, if the market is going down I short it.

Hope this helps you...

snarlyjack

All of your posts are helpful to me thank you snarly...as I am sure they are to everyone. Are you trading right now?? if so do you have any examples of your trades??

You mean pippettes? You are on a 5 digit broker right? That pair if you followed the rules is currently down about -30 or so pips, not -300

I beg your pardon, I was wrong. You're right -30

Anybody trading this method succesfully here in Australia?? Just curious as to your broker and which candle you use as the first for the day?

Guys do you think is worth keeping USD/CHF -30 buy? Who has any opinions? I'm more inclined to close the warrant, because the trend shows a day to sell ...

can someone please clear this up for me....is candle 2 the 2nd candle after the tdi lines have crossed, or is it the 2nd candle after the colour change of the candles??

I may be wrong but i call the candle that makes the TDI cross candle 1. the open of the next candle (candle 2) is the one i look to enter on.

just my opinion, perhaps we should wait for big E to confirm

thanks drifter. I initially thought that too...that the tdi cross signalled the first of the candles, but reading some of these posts, many are calling the first candle as the one that changes colour so I am confused. Would appreciate eelfranz' input here. thank you

Just love them pips

hi Dean.. this is my opinion after observe this strategy :

1. this strategy based on Heineken Ashi (HA) candles as this candles actually show the currend trend.

2. To trade the trend, it is a must that you must trade from the very beginning of the trend. For example, everytime the HA change color, enter your trade.

3. We can not trade using the HA candles itself, we need something to filter out.

4. This is the point where the TDI plays his roles as the heart of the strategy. TDI will filter bad trades on changes color of HA.

5. TDI shows where to buy and where to sell, but, to trade very-very safely, TDI need to trade on the very beginning of the trend. Which trend? Trend defined by HA candles. So if we can trade when TDI cross, and the cross happen when the HA is still on number 1, 2, or maximum 3 from the first time HA candle change its color, as we do hope, we still have plenty rooms to make pips until candle number 4,5,6,7, or until 8 (if it is strong trend).

So... if happen we see TDI cross and the HA just change its color (means that we trade on candle number 1, then we have 90% of probability that our trade will bank pips)

Hope this make sense, this is just my 2 cents, if this is wrong, I'll edit this post later.

Best Regards,
bom-bom

The strict rules are to wait until the start of the next 4 H candle, judge the TD then, or stop loss. Which if you had your stop behind last low your almost out now anyway on that pair.

Myself I wait until the start of the next 4H and judge when the TD says to get out as per the rules. As the times I've lost so far, but following that rule, it's ended up being less than the drawdown that made me think "get out", a little postive or even break even.

But: The negatively corrolated pair are going up. So, not likely it's going to come back.

Just touched 1.4880 let see if she blows thru it or bounces off

Up +40 on my EU trade. Around here I expect it to rebound hard or burst through resistance and keep going long. Looking good as of now.

Can it breach 4900 just above last high, that is the question of the moment?!

Swish..........gemme them pips, now we have support

Thank you for your opinion. I also think that not so come back and shut the warrant

LOL, not so fast, I'm with you, but it hasn't broke 4900 yet, and that's a big ol round number.

hey bom bom. It seems your understanding of it is the candles begin being numbered after the colour change. I am not sure if that is right as myself and others have interpreted it as the candles begin being numbered after the green line has crossed on the tdi. Need the senior guys to confirm this please.