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Trading Made Simple

  • #6,921
  • Jul 3, 2011 3:29pm Jul 3, 2011 3:29pm
Quoting demoreal
Thank you for sharing your system. I've read through most of the thread and tried it on a demo account. Maybe I misunderstood something, but my entry was on the first cross of TDI. I never waited for 4 hour candle to close and to my surprise after an hour or so line came back - so it was not crossing any more.


Do we wait for the 4 hours candle to close and then enter the signal (TDI cross)? In my case I didn't wait for it to close and the green line that was under came back above during the 4 hour period.


Also my broker has 4 hours...
Good quest and the way you have showed it,
Would like to see someone comment on that.
  • #6,922
  • Jul 3, 2011 4:04pm Jul 3, 2011 4:04pm
Quoting eelfranz
My favorite trading room....
Welcome back Big E. Glad to hear you're feeling better.

Already have the chair and umbrella bought... just working on the private beach now
  • #6,923
  • Jul 3, 2011 4:12pm Jul 3, 2011 4:12pm
The simplest tools are always the best ones

I just trade naked
  • #6,924
  • Jul 3, 2011 4:15pm Jul 3, 2011 4:15pm
Quoting bishopdotun
Thank you. I got it this time.

The journal reads: Message sent after i clicked test message but i did not get any message in my box.

Is there anything else i need to do?
close your MT and reopen. I would go to 1m time frame to see it alert is triggered. Let me know if it works.
  • #6,925
  • Jul 3, 2011 4:15pm Jul 3, 2011 4:15pm
Quoting demoreal
Thank you for sharing your system. I've read through most of the thread and tried it on a demo account. Maybe I misunderstood something, but my entry was on the first cross of TDI. I never waited for 4 hour candle to close and to my surprise after an hour or so line came back - so it was not crossing any more.


Do we wait for the 4 hours candle to close and then enter the signal (TDI cross)? In my case I didn't wait for it to close and the green line that was under came back above during the 4 hour period.


Also my broker has 4 hours candles...
Hi.
I have also experienced this problem, after studying the trade that I made, I realised that the 5ema is very important to the success of the trade, also the position of the red line on the indicator - is it pointing in the direction of your trade? I think it is very easy to trade against the trend without realising. I have put a few rules in place to try & help with the success of this system.
1.Check weekly chart - is the price trading above or below the 5ema, If its above I will only trade long, if its below - short.
2.Check Daily chart, I look for confirmation of the weekly, ie if the weekly is above, I want to see the daily above.
3.For an entry on the 4hr wait or the TDI cross & then get in in the direction of the trend.

I will be trying this out on a demo this week & will post some results in the near future.

Just like to say thanks to everybody within this thread for all of the positive & helpfull contributions...

Craig
  • #6,926
  • Jul 3, 2011 5:59pm Jul 3, 2011 5:59pm
Quoting eelfranz
My favorite trading room....

Good to see you back Big E, take it easy for awhile yet
  • #6,927
  • Jul 3, 2011 6:27pm Jul 3, 2011 6:27pm
Welcome Back Big E, hope you are feeling better.

Lets see whats(pips) in store for us this week.

Cheers Happy trading guys
  • #6,928
  • Jul 3, 2011 6:49pm Jul 3, 2011 6:49pm
Quoting ProFXBlog
The simplest tools are always the best ones

I just trade naked
In the summer months that might be tolerable.
  • #6,929
  • Jul 3, 2011 7:11pm Jul 3, 2011 7:11pm
Quoting eelfranz
My favorite trading room....
Hi BigEel,

It's nice to see you coming back.



Jimisan
  • #6,930
  • Edited 8:53pm Jul 3, 2011 8:41pm | Edited 8:53pm
First entry of the week. A very nice low risk, high return trade opportunity. I will be aiming for the Pivot Point for my TP, which brings my R:R to %1 risk, %8 Reward of my equity.
Attached Image (click to enlarge)
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  • #6,931
  • Jul 3, 2011 8:59pm Jul 3, 2011 8:59pm
Quoting The7
First entry of the week. A very nice low risk, high return trade opportunity. I will be aiming for the Pivot Point for my TP, which brings my R:R to %1 risk, %8 Reward of my equity.

Hi the7 this is how the Usd-Cad, looks in this moment in my broker. Itīs very diferent than yourīs, i use Interbank
Attached Image (click to enlarge)
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  • #6,932
  • Jul 3, 2011 9:20pm Jul 3, 2011 9:20pm
Is the volume and momentum going to be large enough with the 4th of July holiday to trade the USD?

I thought most stayed away from large bank holidays on the majors.
  • #6,933
  • Jul 3, 2011 9:25pm Jul 3, 2011 9:25pm
Quoting sachigi
Hi the7 this is how the Usd-Cad, looks in this moment in my broker. Itīs very diferent than yourīs, i use Interbank
Usd/Cad did not have a a break for 340 pips. It is time for some retrace. We use different brokers, that's why we dont get signals at the same time. By 9m Pacific Time (your Ibfx will open a new candle), you should see the same Tdi cross..
  • #6,934
  • Jul 3, 2011 11:09pm Jul 3, 2011 11:09pm
No signals for me as yet!
  • #6,935
  • Jul 3, 2011 11:24pm Jul 3, 2011 11:24pm
its almost time to watch carefull on set up ..
another try to discipline .

[IMG]http://www.forexfactory.com/data:image/gif,GIF89a%12%00%12%00%B3%00%00%FF%FF%FF%F7%F7%EF%CC%CC%CC%BD%BE%BD%99%99%99ZYZRUR%00%00%00%FE%01%02%00%00%00%00%00%00%00%00%00%00%00%00%00%00%00%00%00%00%00%00%00%21%F9%04%04%14%00%FF%00%2C%00%00%00%00%12%00%12%00%00%04X0%C8I%2B%1D8%EB%3D%E4%00%60%28%8A%85%17%0AG*%8C%40%19%7C%00J%08%C4%B1%92%26z%C76%FE%02%07%C2%89v%F0%7Dz%C3b%C8u%14%82V5%23o%A7%13%19L%BCY-%25%7D%A6l%DF%D0%F5%C7%02%85%5B%D82%90%CBT%87%D8i7%88Y%A8%DB%EFx%8B%DE%12%01%00%3B[/IMG]
  • #6,936
  • Jul 3, 2011 11:54pm Jul 3, 2011 11:54pm
i think short audusd now for 4 hour is good signal
  • #6,937
  • Jul 3, 2011 11:59pm Jul 3, 2011 11:59pm
Quoting geobull
i think short audusd now for 4 hour is good signal
yea, come and join me.. i been short for about two hour
  • #6,938
  • Jul 4, 2011 12:00am Jul 4, 2011 12:00am
Quoting PreetEnzo
yea, come and join me.. i been short for about two hour
good lets see buddy if audusd go down it will fall minimum 100pips
  • #6,939
  • Jul 4, 2011 12:13am Jul 4, 2011 12:13am
Quoting geobull
good lets see buddy if audusd go down it will fall minimum 100pips
Good thing I jumped in seems to be moving nicely. Just was a bit judgemental about the size of the candle.
  • #6,940
  • Jul 4, 2011 12:32am Jul 4, 2011 12:32am
was not bad entry audusd lets see other pairs what they will do eurusd. gbpusd, usdchf i think they also follow it
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