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  • #1,981
  • May 9, 2011 9:42pm May 9, 2011 9:42pm
Todays Trade - 1hr chart - Looking left you'll see where PA dropped to previous support... TDI check mark exit...
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  • #1,982
  • May 9, 2011 10:15pm May 9, 2011 10:15pm
Quoting eelfranz
Todays Trade - 1hr chart - Looking left you'll see where PA dropped to previous support... TDI check mark exit...
ANd if it broke through that would you then consider B on this chart as the next level of support?? or is it too far back to be relevant??
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  • #1,983
  • May 9, 2011 10:56pm May 9, 2011 10:56pm
Quoting eelfranz
I max my candle size out (+) and then click back 2 times (-) ... This chart shows the candles I pass on for trades...



http://www.forexfactory.com/attachme...1&d=1304775368

care to share what was going through in your mind for the decision not take these trades ?
  • #1,984
  • May 9, 2011 11:03pm May 9, 2011 11:03pm
I opened an FXDD demo, in case I might someday have a chart worthy of posting. I trade with Gain. The Gain 4 hour candles close an hour earlier than FXDD. I presume if a set-up presents itself at 11:00 p.m. (central time) on my Gain platform I should go ahead and take the trade & not wait till midnight for the FXDD candle to close to see what it looks like?
My favorite crochet hook is size J. It's a J-Hook!
  • #1,985
  • May 9, 2011 11:45pm May 9, 2011 11:45pm
Quoting eelfranz
Olegy....

Your trade....

You entered on a weak TDI green angle... weak 4 o'clock direction...

Previous short swings were only 1 or 2 candles going short...

Keep an eye on it....

Ref: http://www.forexfactory.com/showpost...postcount=1936...
BigE, when you said weak TDI green angle, 4 o'clock is also considered weak? Or is it weak because TDI cross was around 50 region?
  • #1,986
  • May 10, 2011 12:10am May 10, 2011 12:10am
Quoting eelfranz
Entered this E/U trade last night on the weekly time frame... put the SL at the top of the previous candle... about 150 pips away... won't see the next candle until next week... already in profit... see the nice 5 o'clock green TDI line with Stoch's confirmation...
I am curious as to your target for profit. Would you consider exiting at this point?? seems to be the previous support and sitting at a substantial number....or being a weekly trade is this slightly different in regards to take profit levels??
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  • #1,987
  • May 10, 2011 12:34am May 10, 2011 12:34am
I don't find any entry signal on TF D1 for EU/EC/EJ/UC/UJ/GU/AU/NU/UCAD/SILVER/LOCO, so i'm not trading today
  • #1,988
  • May 10, 2011 12:44am May 10, 2011 12:44am
me neither back in 4hrs
  • #1,989
  • May 10, 2011 12:54am May 10, 2011 12:54am
two trades I just took on the 4hr GBPAUD AUDCAD

lemme know if I did something wrong
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  • #1,990
  • May 10, 2011 1:04am May 10, 2011 1:04am
Quoting Dyekid217
two trades I just took on the 4hr GBPAUD AUDCAD

lemme know if I did something wrong
that gbp/aud looks very flat on the tdi!! be careful. ANd just be aware of the aussie news coming out tonight and the fact that we are about to hit the London session where the trading focus will change. If this bad euro news continues regarding Greece etc etc the Euro can drag the Aussie down with it. so watch both trades. And I wouldnt be trading full lots until you have a handle on this method. Good luck with it, just be careful
  • #1,991
  • May 10, 2011 1:12am May 10, 2011 1:12am
first one i'd say tdi angle was weak
second one looked against the daily trend, last reverse candle was weak.
  • #1,992
  • May 10, 2011 1:37am May 10, 2011 1:37am
I thought this day would never come. Got out when TDI began hooking up on a lower TF. TDI looks good on the weekly chart. Potential longer term play. Just glad to make some pips for a change. EurCad 1hr chart, 52 pips.
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  • #1,993
  • May 10, 2011 1:39am May 10, 2011 1:39am
Budget being delivered in Aust in 3 hours, not too sure what influence it will have but I would keep a careful eye on any aud positions.
  • #1,994
  • Edited 1:44am May 10, 2011 1:42am | Edited 1:44am
Tig07
Congrats. Patience is a virtue.
Pete
  • #1,995
  • May 10, 2011 2:02am May 10, 2011 2:02am
Im short NZDUSD, H1. Only thing I dont like about the trade is that H4 is in up trend. But H1 is in downtrend. Anyone else in this trade?
  • #1,996
  • May 10, 2011 2:06am May 10, 2011 2:06am
anyone else take a long off the 1hr chart
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  • #1,997
  • May 10, 2011 2:18am May 10, 2011 2:18am
Possible setup on UJ cross? Moving into resistance though, would we wait to see it clear resistance but that does mean you would not be able to get in on open of 4H candle (which was 15 minutes ago on my charts)
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  • #1,998
  • May 10, 2011 2:20am May 10, 2011 2:20am
Quoting silversurfer
anyone else take a long off the 1hr chart
I looked but thought candle was perhaps too small and buying into resistance. Still learning though!
  • #1,999
  • May 10, 2011 2:30am May 10, 2011 2:30am
i'm happy it worked out, bought at 15.9 and took 35 pips on 90% of position and moved sl to be for remainder - see what happens
  • #2,000
  • May 10, 2011 2:32am May 10, 2011 2:32am
Quoting silversurfer
anyone else take a long off the 1hr chart
I took a quick 30 on the EU long, I know I should have stayed in but happy with that
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