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  • #4,421
  • Jun 1, 2011 1:12am Jun 1, 2011 1:12am
Just took a live trade on this one. Other broker.
Cross, divergence, swing high, some space to run, 2nd candle, green tdi line is within 4-6 o clock.
Attached Image (click to enlarge)
Click to Enlarge Name: nzd usd 4h cross tdi.jpg Size: 143 KB
  • #4,422
  • Jun 1, 2011 1:18am Jun 1, 2011 1:18am
Is anybody refreshing tdi throughout the timeframes? i tend to refresh but not sure if i should be i am using the tdi with visual alerts
  • #4,423
  • Jun 1, 2011 1:21am Jun 1, 2011 1:21am
Quoting kasriaz
looks a valid entry................can any body confirm
i short usd/jpy at 81.30 but hit my slop loss at 81.40

can any one guide me what went wrong..........????
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 16 KB
  • #4,424
  • Jun 1, 2011 1:45am Jun 1, 2011 1:45am
A 10 pip stoploss on 4h is too small imo.
  • #4,425
  • Jun 1, 2011 1:51am Jun 1, 2011 1:51am
Quoting Thierry
A 10 pip stoploss on 4h is too small imo.
shouldn't it be last candles high.........???
  • #4,426
  • Jun 1, 2011 1:58am Jun 1, 2011 1:58am
Thierry ! thanx for your advise.

can you advise me what stop loss and profit pips should i set on this set up
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 16 KB
  • #4,427
  • Jun 1, 2011 1:59am Jun 1, 2011 1:59am
  •  adeforex
  • Joined Aug 2008 | Status: Trading Live as a Professional Do | 363 Posts | Online Now
To me there will be alot of instability in the market today because of various news and speaches especially during the US season. I will wait until major news is over or keep eyes on best set-ups, I am very determined to reduce all losing trades to the minima IN THIS NEW MONTH
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #4,428
  • Jun 1, 2011 2:11am Jun 1, 2011 2:11am
Kasriaz,
I am also a newbie with this system.
BigE doesn't use a SL on the 1h tf. On the 4th he uses last swing hi/low. Hope a senior can confirm this.
  • #4,429
  • Jun 1, 2011 2:22am Jun 1, 2011 2:22am
Quoting eelfranz
Remember - I only trade the 4hr charts during the London session only. I exit all trades at 6am pacific time....

IF I see any good trade set ups during the day I drop to the 1hr charts....
Hi BIG E,
I'm 9 hours ahead of you, so when you are at 10pm I am 5am.. but the 4H candle starts at 6am, it's ok to take that?
  • #4,430
  • Jun 1, 2011 3:00am Jun 1, 2011 3:00am
Quoting kasriaz
going short at GBPUSD 1.6450
So! You were taken in by that one too. (That's the only one i saw for 8:00 but am by no means an authority.) Luckily I was long GBPJPY so when it came time for the 8:00 candle it was only necessary to look at shorter timeframe to see price would be going up a bit first. Entered 8:24, at 8:57 am six pips down & wondering what will happen with British PMI.

Looks like the TDI signal has reversed. Guess will dump 2 pips now: 9:00.
  • #4,431
  • Jun 1, 2011 3:01am Jun 1, 2011 3:01am
Quoting kasriaz
Thierry ! thanx for your advise.

can you advise me what stop loss and profit pips should i set on this set up
hello I'm new too .. but confirm that not need SL
however, careful, because go short when the green leaves under 50 is risky
also my stochastic go flat and there is a small resistance

wait, however, suggestions from other members more experienced
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2011-06-01 a 09.57.13.png Size: 38 KB
  • #4,432
  • Jun 1, 2011 3:04am Jun 1, 2011 3:04am
And, looks like it's plunging. Could have made two pips instead.
  • #4,433
  • Jun 1, 2011 3:10am Jun 1, 2011 3:10am
Took E/chf short. Only thing that bothers me is the daily UP momentum however Daily overall is bearish... Worth trying..
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf-h4-short.gif Size: 28 KB
Bah...
  • #4,434
  • Jun 1, 2011 3:15am Jun 1, 2011 3:15am
ok .. I tried to go short here
tdi ok, green tilted 45 degrees and above 50(but not much)
second candle
stochasticity ok
goes down to 30m
heikin ashi second down

uncertainties:
trade away from EMA
the previous candle has long tail
stochasticity is not starting from above 80
30m to the candle has slowed slightly

What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2011-06-01 a 10.06.45.png Size: 43 KB
  • #4,435
  • Jun 1, 2011 3:16am Jun 1, 2011 3:16am
took a short on usdchf 0.8486, sl 0.8550 (consolidation high), tp 0.8420 (1:1 risk:reward)
  • #4,436
  • Jun 1, 2011 3:22am Jun 1, 2011 3:22am
Take there trades.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud usd tdi cross.jpg Size: 141 KB
Click to Enlarge Name: eur usd tdi cross.jpg Size: 151 KB
Click to Enlarge Name: eur gbp cross.jpg Size: 134 KB
Click to Enlarge Name: usd chf cross.jpg Size: 137 KB
  • #4,437
  • Jun 1, 2011 3:28am Jun 1, 2011 3:28am
Hi plamendp

Do you typically take trades on before the candle closes, after the TDI cross? I like the the Eurchf on the 1H, as this is the entry candle after the TDI cross confirmation. Ultimately its the same trade, but the 4H is not a TMS entry. Not knocking the trade but if it wasnt for the one hour confirmation, I couldnt take the trade.

Best of luck
  • #4,438
  • Jun 1, 2011 3:46am Jun 1, 2011 3:46am
Quoting ceebs
Hi plamendp

Do you typically take trades on before the candle closes, after the TDI cross? I like the the Eurchf on the 1H, as this is the entry candle after the TDI cross confirmation. Ultimately its the same trade, but the 4H is not a TMS entry. Not knocking the trade but if it wasnt for the one hour confirmation, I couldnt take the trade.

Best of luck
I took the trade when the 0800 GMT candle STARTED (My position time is 08:02 GMT). At that moment and I mean at that very second my Green line crossed the Red line down with a nice slope. And yes, I consulted H1 TF for confirmation/support/hint. So, I think this was a good H4 setup unless I am wrong :-)
Bah...
  • #4,439
  • Jun 1, 2011 3:48am Jun 1, 2011 3:48am
Eur/gbp trade hit my SL, fase signal. can happen.
Usd/chf made also a fast move, in my directon. Tp hit.
  • #4,440
  • Jun 1, 2011 3:48am Jun 1, 2011 3:48am
Quoting plamendp
Took E/chf short. Only thing that bothers me is the daily UP momentum however Daily overall is bearish... Worth trying..
So I take it you didnt stay with your GBPCHF from yesterday
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