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Trading Made Simple

  • #5,541
  • Jun 16, 2011 5:17am Jun 16, 2011 5:17am
Quoting dean
anybody looking at the U/J on the 4 hour chart?? any thoughts?
TDI signal is there, trend line break, will short below 80.478
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  • #5,542
  • Jun 16, 2011 5:19am Jun 16, 2011 5:19am
Chf looks promising as well, 4h
  • #5,543
  • Jun 16, 2011 5:20am Jun 16, 2011 5:20am
Quoting Callisto
TDI signal is there, trend line break, will short below 80.478
I am curious as to why that level?? 80.478?
  • #5,544
  • Jun 16, 2011 5:26am Jun 16, 2011 5:26am
Quoting italiano
a very good setup is developing inusd/chf 4h
candle will close in 25 min (my broker).. waiting for confirmation
If things turn around completely, from one day to the next, as they often do in the forexx markets, this could be an excellent call
Attached Image (click to enlarge)
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  • #5,545
  • Jun 16, 2011 5:29am Jun 16, 2011 5:29am
Quoting dean
I am curious as to why that level?? 80.478?
Break out of the LOW of the 4 Hour signal candle, I want price to be moving my way, right now it is just hovering between London & USA sessions, doesn't know what it wants to do, sometimes these breaks come suddenly, as you saw yesterday
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  • #5,546
  • Jun 16, 2011 5:42am Jun 16, 2011 5:42am
Quoting dean
anybody looking at the U/J on the 4 hour chart?? any thoughts?
i'm in...
  • #5,547
  • Jun 16, 2011 5:49am Jun 16, 2011 5:49am
Quoting Numb3rs
I have a compilation document of what I see to be important rules and things posted by eelfranz at this post:
http://www.forexfactory.com/showthread.php?t=292285

Read through it. It might answer most of your questions.
Thank you.
  • #5,548
  • Jun 16, 2011 5:55am Jun 16, 2011 5:55am
  •  adeforex
  • Joined Aug 2008 | Status: Trading Live as a Professional Do | 363 Posts | Online Now
Quoting dean
I am curious as to why that level?? 80.478?
Uuum.Gradually , we are diverting from the original 1-2 candles and complicating things for those that are still struggling? Why cant we just KISS so that the concept of this thread will not be diverted?. Anybody that want to complicate his/her trading should not post it here in my opinion, but rather create new thread for it. You can trade the method the way you like on your platform so far it is 1-2 candle as per tdi crossing. That will show the real value in terms of success and failure of this system.
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #5,549
  • Jun 16, 2011 6:37am Jun 16, 2011 6:37am
Sometimes it look too easy, but it really is. Human overcomplicate things.

SL above last swing.
TP at red line.
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  • #5,550
  • Jun 16, 2011 6:48am Jun 16, 2011 6:48am
Quoting Thierry
Sometimes it look too easy, but it really is. Human overcomplicate things.

SL above last swing.
TP at red line.
Can you please zoom in a bit more before you capture your screen shots?

And maybe mention which pair you are trading, and the entry price, as that cannot be seen on the chart you posted, thanks

Have you thought of using a Candle Time indicator to see how long before the next candle? I find it a big help.
OPPORTUNITY IS NOWHERE
  • #5,551
  • Jun 16, 2011 6:54am Jun 16, 2011 6:54am
Quoting Callisto
Can you please zoom in a bit more before you capture your screen shots?

And maybe mention which pair you are trading, and the entry price, as that cannot be seen on the chart you posted, thanks

Have you thought of using a Candle Time indicator to see how long before the next candle? I find it a big help.
When you click on the chart you can see the pair en more details. I like more outzoomed charts for the overall picture.

I use the candle time indicator, but have it on 1 chart, keep everything clean as much.
I trade just the cross, so the first candle in this case. Entry was around 0.8520
  • #5,552
  • Jun 16, 2011 7:01am Jun 16, 2011 7:01am
Cross on eur gbp, but i don't like the PA. Also big down move.
I pass on this.

The sell on the chart is from something else, nothing with this strat.
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  • #5,553
  • Jun 16, 2011 7:52am Jun 16, 2011 7:52am
J have gone Short GbpUsd H1 @ 1.61200
Now about 23 Pips Plus

arasheed
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  • #5,554
  • Jun 16, 2011 8:01am Jun 16, 2011 8:01am
Quoting arasheed
J have gone Short GbpUsd H1 @ 1.61200
Now about 23 Pips Plus

arasheed
why are you even posting this??? this is not even close to an entry based on this method. This is a thread using BigE's trading method. All you will do is confuse the people just begining to learn this.
  • #5,555
  • Edited 8:28am Jun 16, 2011 8:07am | Edited 8:28am
4HR
Long AUD/CAD at 9am EST
Long EUR/GBP at 9am EST

I made my 4hr bars start at 9am like Big E.

1HR
EUR/JPY
EUR/USD
GBP/JPY
NZD/JPY

But I wasn't too sure about them, so I skip them.... hind sight, it looks like they are moving up now

Anyone else?
  • #5,556
  • Jun 16, 2011 8:20am Jun 16, 2011 8:20am
Quoting Lain
4HR
Long AUD/CAD at 9am
Long EUR/GBP at 9am

I made my 4hr bars start at 9am like Big E.

1HR
EUR/JPY
EUR/USD
GBP/JPY
NZD/JPY

But I wasn't too sure about them, so I skip them.... hind sight, it looks like they are moving up now
Which this time zone is// 9.00Am EST or 9.00 Am GMT?

arasheed
  • #5,557
  • Jun 16, 2011 8:22am Jun 16, 2011 8:22am
Quoting arasheed
J have gone Short GbpUsd H1 @ 1.61200
Now about 23 Pips Plus

arasheed

On what basis are taking this position, the entry for the chart you are showing is back about 8 candles around 1.6170? Did you take the trade for the sake of taking a trade? If so that's not the rules.
  • #5,558
  • Jun 16, 2011 8:26am Jun 16, 2011 8:26am
[quote=dean;4698145]this is not even close to an entry based on this method. quote]

Is that not a "touch & go" re-entry based on the TDI?
My favorite crochet hook is size J. It's a J-Hook!
  • #5,559
  • Jun 16, 2011 8:28am Jun 16, 2011 8:28am
Quoting arasheed
Which this time zone is// 9.00Am EST or 9.00 Am GMT?

arasheed
oh sorry about that. 9am EST (30min ago)
  • #5,560
  • Jun 16, 2011 8:37am Jun 16, 2011 8:37am
Quoting dean
why are you even posting this??? this is not even close to an entry based on this method. This is a thread using BigE's trading method. All you will do is confuse the people just begining to learn this.
I agree - I was confused and it took me a while to realise that this wasn't a correct trade.
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