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Trading Made Simple

  • #3,861
  • May 25, 2011 11:52am May 25, 2011 11:52am
Quoting 33drifter
are we talking mini lots or hole lots here?
50 pips x .8 = 400 in my account so id be wiped out in 3 trades. I think if your losing $40 out of $1000 thats 4% risk not bad. 40% is another story
Whole lots.
  • #3,862
  • May 25, 2011 11:53am May 25, 2011 11:53am
Quoting mackaozy
Trades today so far. I also have now gone back to the original TDI. I was getting far too many false signals before.
As I was writing my post about the TDI indis this morning I realised this must be the reason we were swapping posts last week
You don't have to be right, just don't be too wrong
  • #3,863
  • May 25, 2011 11:54am May 25, 2011 11:54am
Quoting 33drifter
Davlo,

Can you please tell me what the green dots on your chart are.
They are parabolic sar, I use them for my 4 hour TF to enter a trade as a strong trade if the parabolic sar shows a short or long on a switch along with the other signals of the TDI and stoch then i make the trade, tends to work well for me on the 4 hr, this 1 hour went south on me for a -10
  • #3,864
  • May 25, 2011 11:59am May 25, 2011 11:59am
Quoting mackaozy
Whole lots.
The statement shows >30% margin in use on 2 trades...hoping that's demo!
You don't have to be right, just don't be too wrong
  • #3,865
  • May 25, 2011 12:02pm May 25, 2011 12:02pm
Quoting El Dee
The statement shows >30% margin in use on 2 trades...hoping that's demo!
It's not me trading whole lots - if you read up all will be revealed!
  • #3,866
  • May 25, 2011 12:03pm May 25, 2011 12:03pm
Quoting mackaozy
It's not me trading whole lots - if you read up all will be revealed!
http://www.forexfactory.com/showthre...75#post4643375
  • #3,867
  • May 25, 2011 12:07pm May 25, 2011 12:07pm
I'm in these 2 trades
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  • #3,868
  • May 25, 2011 12:14pm May 25, 2011 12:14pm
Quoting olegy
I'm in these 2 trades
Im right in there with you,
  • #3,869
  • May 25, 2011 12:17pm May 25, 2011 12:17pm
Quoting mackaozy
It's not me trading whole lots - if you read up all will be revealed!
Yes - I meant the statement shown by the guy who made the original post shows >30% margin in use!
You don't have to be right, just don't be too wrong
  • #3,870
  • May 25, 2011 12:18pm May 25, 2011 12:18pm
Quoting davlo
Im right in there with you,
Just be carefull , both counter trades
  • #3,871
  • May 25, 2011 12:24pm May 25, 2011 12:24pm
Quoting El Dee
Yes - I meant the statement shown by the guy who made the original post shows >30% margin in use!
  • #3,872
  • May 25, 2011 12:29pm May 25, 2011 12:29pm
Quoting mackaozy
Ubique Quo Fas et Gloria Ducunt


REME?
You don't have to be right, just don't be too wrong
  • #3,873
  • Edited 12:40pm May 25, 2011 12:30pm | Edited 12:40pm
Quoting plamendp
I'd prefer a numerical value representing the slope and I personaly use 5, i.e. if Green Line moves more than 5 units per candle, I take it as a good slope.

To avoid confusion because of the stretching, I modified "TDI Green Red" indicator to show numerical values of the current and Previous [bar] slope.

Hi Plamen and the all the rest .(this should be a PM but since I am junior member I have to bug you all with questions, sorry)
I am pretty much newbie in forex, been on demo for 3 months and really tried only 2 methods. With TMS I have 50-50 success, yet still have to learn a lot. Just got out from USDCAD trade, though slope value at the cross was above 5 as advised. Was it just the timing (after London close)? I was selling at resistance , (against the trend but did this with succes before)?
Regards
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  • #3,874
  • May 25, 2011 12:35pm May 25, 2011 12:35pm
Quoting El Dee
Ubique Quo Fas et Gloria Ducunt


REME?

Artillery ?
  • #3,875
  • May 25, 2011 12:36pm May 25, 2011 12:36pm
Quoting 2scoops
Download the original template bigE gave you at the start of the thread - you can add plamen's TDI if you want it may help you. We need to try to get our charts at least based on the backbone of the original template peeps.
Can you attach the original indicators template of big-E's method (pdf manual etc..anything that has proven profitable consistently on his 4hr chart trade) here again? Many thanks.
  • #3,876
  • May 25, 2011 12:37pm May 25, 2011 12:37pm
Quoting El Dee
Ubique Quo Fas et Gloria Ducunt


REME?
What!! Ruin Everything Mechanical Eventually!? lol NO WAY I'm ex Royal Engineer's.
  • #3,877
  • May 25, 2011 12:38pm May 25, 2011 12:38pm
Quoting TylerDurden
EELFRANZ thank you for all your help. Your system is great. I read all the pages several times and now starting to trade.
As you also preferred I am going to trade on 4hr and daily charts.
I am long at EU on the daily chart.
I am wondering why do we need Stochastic when we already have RSI as in the TDI chart? Isn't RSI we should use only since this is a momentum trade we have been talking about since day one?

The original Synergy method (and then Advance Synergy method) by the person who was said to come up with this idea, Dean Malone do not use Stochastics. The Synergy method is really RSI read in conjunction with EMA5, and ranging bollinger of the RSI signal renamed as better sounding name TDI index isn't it?
  • #3,878
  • May 25, 2011 12:38pm May 25, 2011 12:38pm
Quoting stricky1967
Artillery ?
Please stop insulting me!! joke.
  • #3,879
  • May 25, 2011 12:42pm May 25, 2011 12:42pm
Hi to all TMS followers!

Newbie in FX, have been following the thread and trading demo for about two weeks. Simple system, was able to make some small pips here and there. My problem is I am from US (EST time zone), and was trading in Big E hours, which is my 9 PM to 9 AM EST. Cannot trade during the day due to full-time job :-( Trading on 4 HR TF, and waking up at 1 AM and 5 AM to peek at the charts kinda wears me down, even though it is for 15-20 min :-)

Thought that people might have the same problem. Any suggestions? :-)

Know that trading FX is not a walk in the park, but with a day job it is almost like a night shift here LOL.
  • #3,880
  • May 25, 2011 12:45pm May 25, 2011 12:45pm
Quoting mackaozy
What!! Ruin Everything Mechanical Eventually!? lol NO WAY I'm ex Royal Engineer's.
LOL. My brother is a civil engineer, I was a mechanical engineer. I like to remind him that civil engineers build the targets for the weapons that mechanical engineers make...

Sorry - off topic!
You don't have to be right, just don't be too wrong
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