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Trading Made Simple

  • #5,741
  • Jun 20, 2011 12:11am Jun 20, 2011 12:11am
Quoting ssaqeel
Thanks Mack
Just a suggestion, try the TDI watchdog indicator that is posted on this forum. You can then set an alert & email to yourself with a minimum slope value at the TDI cross. This will eliminate the thought of getting into dodgy set ups like the one you posted.

I have learnt the hard way to try and discipline myself to cherry pick trades. I started really well using this method had a fantastic two weeks, then had two loosing weeks as I got too greedy trying to take every set up. Only now am I taking the best set ups and shutting down my pc once i have reached my daily target.
  • #5,742
  • Jun 20, 2011 12:21am Jun 20, 2011 12:21am
Sure will do , Thanks Mack

Quoting mackaozy
Just a suggestion, try the TDI watchdog indicator that is posted on this forum. You can then set an alert & email to yourself with a minimum slope value at the TDI cross. This will eliminate the thought of getting into dodgy set ups like the one you posted.

I have learnt the hard way to try and discipline myself to cherry pick trades. I started really well using this method had a fantastic two weeks, then had two loosing weeks as I got too greedy trying to take every set up. Only now am I taking the best set ups and shutting down my pc once...
  • #5,743
  • Jun 20, 2011 12:26am Jun 20, 2011 12:26am
hi everybody, I discovered TDI index and TMS last week.

To begin I would like to thank Big E and all people who studied and worked hard to develop the system and shared it with us.

@mackaozy: could you please tell me what are best set-ups for you? Are they similar to Dean Malone's ones? Thanks
  • #5,744
  • Jun 20, 2011 12:44am Jun 20, 2011 12:44am
Quoting ssaqeel
Is this a good long trade to enter?
Yes, the EURO will tank big time today!
OPPORTUNITY IS NOWHERE
  • #5,745
  • Jun 20, 2011 1:21am Jun 20, 2011 1:21am
Good morning all from the UK, what a lovely sunny Monday morning it is.
Just placed trades as follows before heading of to work, will update progress latter:

Short:
eurusd
nzdusd
audcad

Long:
usdcad
gbpaud
  • #5,746
  • Jun 20, 2011 1:22am Jun 20, 2011 1:22am
Quoting Callisto
Yes, the EURO will tank big time today!
What are you on about? The trade he posted was U/J.
  • #5,747
  • Jun 20, 2011 1:27am Jun 20, 2011 1:27am
Quoting bez3000
Good morning all from the UK, what a lovely sunny Monday morning it is.
Just placed trades as follows before heading of to work, will update progress latter:

Short:
eurusd
nzdusd
audcad

Long:
usdcad
gbpaud
Where are you in UK lol Grey here :-( I'm short AUD/USD & USD/CHF 1hr chart.
  • #5,748
  • Jun 20, 2011 1:44am Jun 20, 2011 1:44am
Quoting mackaozy
What are you on about? The trade he posted was U/J.
Take another look, apology accepted
OPPORTUNITY IS NOWHERE
  • #5,749
  • Jun 20, 2011 1:47am Jun 20, 2011 1:47am
got +15 aj
still in au +36 with 10 pip trailing stop
  • #5,750
  • Jun 20, 2011 2:01am Jun 20, 2011 2:01am
What do you guys think of these H1 entries?

USDCHF Short
AUDNZD Short
CHFJPY Long

Just noticed the TDI level is approaching 32 for AUDNZD, but just trying to have a little fun and test the water this evening.
Enter Signature
  • #5,751
  • Jun 20, 2011 2:03am Jun 20, 2011 2:03am
Quoting Callisto
Take another look, apology accepted
It was USD/CHF not EUR.
  • #5,752
  • Jun 20, 2011 2:07am Jun 20, 2011 2:07am
Quoting mackaozy
Where are you in UK lol Grey here :-( I'm short AUD/USD & USD/CHF 1hr chart.
Hey Mack
I am with you on the usd/chf. Looking at resistence at .8467. what do you see?? do you have a target??
  • #5,753
  • Jun 20, 2011 2:10am Jun 20, 2011 2:10am
Quoting mackaozy
It was USD/CHF not EUR.
Callisto is talking about the negative correlation between EU and UCHF.

When UCHF goes up, EU goes down, which it did.
  • #5,754
  • Jun 20, 2011 2:11am Jun 20, 2011 2:11am
Quoting dean
Hey Mack
I am with you on the usd/chf. Looking at resistence at .8467. what do you see?? do you have a target??
Hi Deano

I have tp set at 0.84705. I'm also short U/J tp @80.00
  • #5,755
  • Jun 20, 2011 2:12am Jun 20, 2011 2:12am
Hi Mackaozy ,

Where is your SL for all these trades ?





Quoting mackaozy
Where are you in UK lol Grey here :-( I'm short AUD/USD & USD/CHF 1hr chart.
  • #5,756
  • Jun 20, 2011 2:16am Jun 20, 2011 2:16am
Quoting mackaozy
Hi Deano

I have tp set at 0.84705. I'm also short U/J tp @80.00
yeah I think I am going to take 50% at 8470 and see what happens with the rest.....candles seem strong and ther is no news - risk aversion seems high today so it may keep falling. But then again....what would I know??
  • #5,757
  • Jun 20, 2011 2:20am Jun 20, 2011 2:20am
Quoting mackaozy
It was USD/CHF not EUR.
Yes, it was. Basic correlation, the EUR-USD is usually the better trade, it is -87 with USD-CHF, but they are acting strange to start off today, something has to give !!!

http://www.mataf.net/en/tools/01-01-correlation
OPPORTUNITY IS NOWHERE
  • #5,758
  • Jun 20, 2011 3:34am Jun 20, 2011 3:34am
What do you guys think of the NZD/USD H4 it looks like a good setup to go short?
  • #5,759
  • Jun 20, 2011 3:50am Jun 20, 2011 3:50am
Quoting Wbm
What do you guys think of the NZD/USD H4 it looks like a good setup to go short?
3rd reversal candle......no trade-too late
  • #5,760
  • Jun 20, 2011 3:56am Jun 20, 2011 3:56am
How about GY long 1 hour
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