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  • #4,801
  • Jun 6, 2011 5:08pm Jun 6, 2011 5:08pm
good resistance.....
wait for tomorrow...

what do you say?
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  • #4,802
  • Jun 6, 2011 5:13pm Jun 6, 2011 5:13pm
Quoting Danyjoe
good resistance.....
wait for tomorrow...

what do you say?
I got my eyes on that one as well. We'll see what happens tomorrow.

I'm not seeing any daily trades for today. I hate that, I got so pumped about trading after the weekend, and now nothing but sitting on my hands for another day. Oh well, sometimes the best trade is not taking a trade.
  • #4,803
  • Jun 6, 2011 5:14pm Jun 6, 2011 5:14pm
not exciting day..
but the important thing is not lose..

EUR/JPY +16
AUD/USD +5
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  • #4,804
  • Jun 6, 2011 5:16pm Jun 6, 2011 5:16pm
Hey, does anyone trade the 1 hour charts during the Asian session? If so, how much success do you have during this time?
  • #4,805
  • Jun 6, 2011 5:17pm Jun 6, 2011 5:17pm
Quoting Nate04
Hey, does anyone trade the 1 hour charts during the Asian session? If so, how much success do you have during this time?
I not
  • #4,806
  • Jun 6, 2011 5:26pm Jun 6, 2011 5:26pm
Quoting 33drifter
Clarification please.

ive been reading through the thread again and im still not sure what the 5 EMA is used for. some people only trade if the EMA is pointing in the right same direction (doesnt make sense to me), some people only trade if PA has crossed the EMA (could be worth looking at), although the one that makes most sense to me is that a flattening EMA signals a weakening trend (exit trade/ranging market)

what do you use it for??
Hey Drifter.
BigE doesnt use it. I cant remember exactly what he said about it but it is only on his charts as some sort of visual reference but it doesnt affect his trade decisions.
  • #4,807
  • Jun 6, 2011 5:51pm Jun 6, 2011 5:51pm
Quoting Nate04
Hey, does anyone trade the 1 hour charts during the Asian session? If so, how much success do you have during this time?

Sure, why not Nate? Look at your charts and back test it (pre open and open of Hong Kong mostly) . Most of the moves aren't as big as the London session, but the opportunity is there, IMO.

Just watch out for news on your aud, nzd, jpy, the Asian markets, even where usdx, crude and commodities (especially on aud ) and futures are too..

Cheers
  • #4,808
  • Jun 6, 2011 5:51pm Jun 6, 2011 5:51pm
Hi!

Is there a document that states the TDI trading rules specifically, because I have read a lot of different methods from other people but haven't seen one thing that clearly state the original rules in one place. So is there a particular page that has all the rules in it? I am going to be checking myself as well, but if someone already knows where it is I will appreciate it!

Thanks!
  • #4,809
  • Jun 6, 2011 6:03pm Jun 6, 2011 6:03pm
Quoting vbmark
No way man, not a live account, I'm a super n00b.

79 pips? You, sir, are my hero. <bows>
Well good luck to you buddy
Lybi lydey, lybi vragov.
  • #4,810
  • Jun 6, 2011 6:51pm Jun 6, 2011 6:51pm
WBN,

On the TDI. Wait for the green line to cross the red line before considering an entry. Sometimes the green line will touch the red line and bounce back... that is a possible continuation trade then....
  • #4,811
  • Jun 6, 2011 6:58pm Jun 6, 2011 6:58pm
Quoting eelfranz
WBN,

On the TDI. Wait for the green line to cross the red line before considering an entry. Sometimes the green line will touch the red line and bounce back... that is a possible continuation trade then....
How are you feeling today E?

Any chance of getting you to trade the daily charts?
  • #4,812
  • Jun 6, 2011 7:02pm Jun 6, 2011 7:02pm
Hi gang... Hope you are all doing well today.

I'm feeling better today. Saw 2 nurses and one therapist by 2pm. Food is tasting better. Sleep is 5-6 hours a night at this time... then I'm bright awake... humm

Big E
  • #4,813
  • Jun 6, 2011 7:07pm Jun 6, 2011 7:07pm
Nate,

My broker starts the new day at 2pm my time. It's 5pm now. I only enter daily trades at 2pm.....
  • #4,814
  • Jun 6, 2011 7:07pm Jun 6, 2011 7:07pm
Quoting eelfranz
Hi gang... Hope you are all doing well today.

I'm feeling better today. Saw 2 nurses and one therapist by 2pm. Food is tasting better. Sleep is 5-6 hours a night at this time... then I'm bright awake... humm

Big E
Glad to hear you're doing better today. Hope those nurses are treating you well!
  • #4,815
  • Jun 6, 2011 7:08pm Jun 6, 2011 7:08pm
Quoting eelfranz
Hi gang... Hope you are all doing well today.

I'm feeling better today. Saw 2 nurses and one therapist by 2pm. Food is tasting better. Sleep is 5-6 hours a night at this time... then I'm bright awake... humm

Big E
UMMMMMMMMM,Please pm pic"s of the nurses!..lol

Good to see ya here again! I hope for your continues improvements kind sir.
  • #4,816
  • Jun 6, 2011 7:08pm Jun 6, 2011 7:08pm
Hi Guys,

I would like to know how you manage the lot size.
Not sure if I calculate the Stop Loss based on a percentage value, for instance using the 2% rule and risk reward ratio to determine profit. Or if I should simply determine a lot size based on the balance of the account, like 0.01 for each 100 dolars or something similar.

Would like to share your MM setup?

Cheers,
Erick
build a better future. ForexNation dot Org
  • #4,817
  • Jun 6, 2011 7:12pm Jun 6, 2011 7:12pm
Quoting eelfranz
Nate,

My broker starts the new day at 2pm my time. It's 5pm now. I only enter daily trades at 2pm.....
That ok, one question I have four you on your daily chart trades... Do you let them run longer, on still exit once the tdi goes flat? I wonder this because often after a breakout on daily, the next few candles will consolidate before usually continuing on the same direction.
  • #4,818
  • Jun 6, 2011 7:16pm Jun 6, 2011 7:16pm
Hey Big E- Glad your feeling a little better.

Took this trade today, was able to get 35 pips, not bad. I have also been keeping my eye on the EURGBP. TDI & STOCH on the H4 look like they are in the right place for a short to happen, but who knows.

Dan
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  • #4,819
  • Jun 6, 2011 7:38pm Jun 6, 2011 7:38pm
Thank you!


Quoting eelfranz
WBN,

On the TDI. Wait for the green line to cross the red line before considering an entry. Sometimes the green line will touch the red line and bounce back... that is a possible continuation trade then....
  • #4,820
  • Jun 6, 2011 7:45pm Jun 6, 2011 7:45pm
Thanks a lot, this is what I am looking for.

Quoting gorangel
HA candles in a separate window.
This is not my work, i'm not taking any credit for this
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