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Trading Made Simple

  • #8,681
  • Jul 22, 2011 10:08am Jul 22, 2011 10:08am
Hello, Trader DC, thank you for your comment. Weekly S1 is right beneath it, so, for more safety I'd consider the psych level.

Anyway, crossing angle isn't exactly optimal for my system, so I'm not yet sure if I'll pick the trade.

Quoting TraderDC
Ok just out of curiosity, why do you consider 1.4300 to be support?? At least to me this has near to no significance. Well at least in my books. True its a 00/ 50 number but it seems as though the pair are having little to no effect on this number this time round. More like the monthly PP and monthly S1 seem to be the key points.

Just my oppinion mate.... though I must warn you I have been wrong in the past
  • #8,682
  • Edited 1:04pm Jul 22, 2011 10:17am | Edited 1:04pm
I want to say a huge thank you to you Big E and Dgcinc for posting your trade/potential trades today. with an explanation.. It's so valuable - such a great way to learn, and is much appreciated.

A million thanks to you both - hope you have a pleasant and enjoyable weekend.
  • #8,683
  • Jul 22, 2011 11:05am Jul 22, 2011 11:05am
I want to say a big thank you to you Dgcinc today for pointing out the bearish divergence on the 4 HR NZD/USD and 1 HR NZD/USD. It's a great way to learn, and is much appreciated. Have a nice weekend.
  • #8,684
  • Jul 22, 2011 3:35pm Jul 22, 2011 3:35pm
Quoting FourEcks
Hi Guitarbloke,
First post, not actually a new member but I re-registered cause I didn't like my 1st username.
My understanding is that 'green' is a 2 period SMA of the RSI (13), rather than the RSI itself. 'Red' is then an SMA 7 of green. If you also use the yellow TDI line that is (I think) an SMA (34) of red.

Thanks for you response Ecks. Off to study some old chart's.

'ave a good weekend folk's.
'Fail to plan, plan to fail'
  • #8,685
  • Jul 22, 2011 4:15pm Jul 22, 2011 4:15pm
Lain #8621,

So if you wait until it closes to confirm the TDI cross, you'd be entering on the 3rd color change bar.
Isn't that breaking the 2nd color change bar rule?

If everything else looks strong, I don't wait for the candle to close... I enter ASAP.
  • #8,686
  • Jul 22, 2011 4:41pm Jul 22, 2011 4:41pm
Have a good weekend all...

If your on the charts please take the time to study old charts looking for set ups... look at s/r near by, pick it apart as to why it was a successful trade so you can spot them when trading live...

Great job this week everyone...
  • #8,687
  • Jul 22, 2011 4:43pm Jul 22, 2011 4:43pm
wmloto...

Open your pm or email so next time you have a gem it doesn't take up 3 pages of the thread please.... Thanks
  • #8,688
  • Jul 22, 2011 6:47pm Jul 22, 2011 6:47pm
Quoting heynjea
looks good but perhaps a little premature to tell ( according to PA ) - how is the trade going ?
I drilled down a chart and it was heading rapidly in the other direction so I stayed out luckily.
  • #8,689
  • Jul 22, 2011 7:12pm Jul 22, 2011 7:12pm
Hi, my trade today, close 32 pips (atr 23).
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  • #8,690
  • Edited 8:33pm Jul 22, 2011 8:28pm | Edited 8:33pm
Thanks for the generosity of your knowledge and time. I have just joined this thread and hope to gain a lot from the useful information. I have been a forex trader for 6+ years, along with my dad. Started with several programs, all costing a lot of money (to me). I too, use the synergy method and have some luck, but not what I would like, still not making money, nor have had a profitable month. I have read thru most of the posts and will still have to catch up with my reading.

My questions are: I have seen the updated 'indicators' to copy into the FXDD program. Needing confirmation on where to place them into:

The *.mq4 and *.ex4 files within what folder(s):
Crogram Files (x86)FXDD - MetaTrader 4experts\indicators
or in this one
Crogram Files (x86)FXDD - MetaTrader 4experts\

I see *.mq4 files in both sets of folders

Then what file type is this: *.tpl - I have copied many of these but not sure what they are, or where to put them. And not able to open them.

I really appreiciate the much shared information and was so excited and ready to trade using this simple method, I fogot it was Friday and the markets were closed
Thanks again,
Phyllis
  • #8,691
  • Jul 22, 2011 9:20pm Jul 22, 2011 9:20pm
Quoting PFisher
Thanks for the generosity of your knowledge and time. I have just joined this thread and hope to gain a lot from the useful information. I have been a forex trader for 6+ years, along with my dad. Started with several programs, all costing a lot of money (to me). I too, use the synergy method and have some luck, but not what I would like, still not making money, nor have had a profitable month. I have read thru most of the posts and will still have to catch up with my reading.

My questions are: I have seen the updated 'indicators' to copy into...
Copy and paste any indicators into the experts/indicators folder; copy and paste any "expert advisor" or "ea" or robot in the "experts" folder not the indicators folder.

.tpl stands for template and use copy and paste those into the "template" folder for FXDD; you'll find the template you saved in the MT4 platform by going to Charts, to templates, then load template and it will be listed in the template box.

Hope this helps. Best to you, jack
  • #8,692
  • Jul 22, 2011 9:29pm Jul 22, 2011 9:29pm
Quoting ilzalama
Hey there.

heres the sto if you didnt already get it.


I have a bunch of this type of indies or what have you and I don't know exactly how to work with them. Are they like the other indies that you just put in the appropriate folders from the platform like templates and experts or do you do something else with them to be able to access and use them? Thanks for any help. Appeciate it.
  • #8,693
  • Jul 22, 2011 10:02pm Jul 22, 2011 10:02pm
I thought this would not be a good trade because of poor previous reversals, consolidation and first candle was almost a doji. Also it was calling for a long trade at the top of last high. Am I missing something. Appeciate any comments. MSN
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  • #8,694
  • Jul 22, 2011 10:25pm Jul 22, 2011 10:25pm
Quoting jackdood
Copy and paste any indicators into the experts/indicators folder; copy and paste any "expert advisor" or "ea" or robot in the "experts" folder not the indicators folder.

.tpl stands for template and use copy and paste those into the "template" folder for FXDD; you'll find the template you saved in the MT4 platform by going to Charts, to templates, then load template and it will be listed in the template box.

Hope this helps. Best to you, jack

Yes - thanks Jack, but will this override the indicators already there, or are these named something else. So I can use this new simple form and still have the intact files from synergy program. Hope this make sense
  • #8,695
  • Jul 22, 2011 10:57pm Jul 22, 2011 10:57pm
Quoting plamendp
I was trying to find some clear, numerical representaion of the "12-2" and "4-6" slope required to validate the cross, because it (the visual position/direction) depends on how much you stretch the chart in and out. And I personally found out (this is only me! this is not defined by Big E and he can slap me for this :-) that a slope of 5 RSI units per candle (up or down) is the slope that defines it to be "12-2" or "4-6" slope.

You don't need an indicator for this. Just substract new and old Green Line levels and if you get more than...

Can someone tell me how exactly do you zoom in and out to get the most accurate view of the tdi for correct entry.
  • #8,696
  • Jul 22, 2011 10:58pm Jul 22, 2011 10:58pm
Sorry for all the questions but I have not been here in a while. getting caught up. where is everybody?
  • #8,697
  • Jul 22, 2011 11:15pm Jul 22, 2011 11:15pm
Quoting mackaozy
Dean the checklist is extremely useful. I have it printed off laminated next to my monitors, and use it to discipline my trades. And I'm very successful using it. Thanks.

Me too Dean, Thank you
  • #8,698
  • Jul 23, 2011 2:01am Jul 23, 2011 2:01am
check old chart,knew better.
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  • #8,699
  • Jul 23, 2011 3:54am Jul 23, 2011 3:54am
Quoting PFisher
Yes - thanks Jack, but will this override the indicators already there, or are these named something else. So I can use this new simple form and still have the intact files from synergy program. Hope this make sense
Heya... Let me see if I can answer your question. If you look in the folder experts/indicators you will find the whole list of indicators which are already loaded into your MT4 platform. Check the file names. For example my synergy bars is called Synergy_APB.ex4 in my MT4 indicators folder. So if the one you are going to place there is named the same it will overwrite it, but also it probably is the same. SO if you don't have this and the other indictors used with this system just copy it and the others into your Experts/indictors folder, Then save the .TPL file into the templates file which is located in the main folder ( not the one in experts) and you are set to go. Open a chart, set it to 4hr, right click on the chart, select templates and choose the template which you have copied into the file. And vioala And also obviously then a big thankyou to BigE and all the traders ( especially a select few ) who contribute so much on this thread.

P.S keep on reading through the thread since you will find all this scattered around plus a lot and a lot of knowlage which is worth plenty.
  • #8,700
  • Jul 23, 2011 5:49am Jul 23, 2011 5:49am
Quoting aren
check old chart,knew better.

Why are you ading indis?? No point there, besides semafors are prety usless in this thread. Its just another zig zag.
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