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Trading Made Simple

  • #9,741
  • Aug 11, 2011 1:24pm Aug 11, 2011 1:24pm
So far I'm very impressed with this strategy.

I'm curious, has anyone ever though about comparing the strength of currencies in relation to other currencies when taking a position?

Say you get a number of TDI crosses, you do your Forex basics and check the angle of the cross and you are still left with a number of possible trades.

Would it make sense to trade the cross of the weakest currency vs the strongest currency?

You can measure the strenght and weakness by whatever you want, short term trend, long term, session move, bar move, ect.
You could even make the cylinder heights to represent TDI cross angles so you can see which one is crossing the most.

Here's a picture to show you what I mean.
You can easily see that CHF is weak against all currencies and JPY is strong. (I'm just using the current bar change for the cylinder heights).

Please don't think I'm trying to add rules or indicators, it's more of an overall market outlook to see what's going on.

It's just something I started working on USING Big E's rules of a TDI cross and was wondering if others have looked into or thought about currency comparison for picking the potential best TDI crosses.


Lain
Attached Image (click to enlarge)
Click to Enlarge Name: Compare_Currencies.JPG Size: 142 KB
  • #9,742
  • Aug 11, 2011 1:32pm Aug 11, 2011 1:32pm
Quoting handy148
lol - I didn't even know there were any synergy arrows. None show up on my charts when I use synergy candles.
here ya go handy-price boxes are to the right
now.....easier to see. thanks for the suggestion.
Attached File(s)
File Type: ex4 LessoSignalLine.ex4   9 KB | 638 downloads
  • #9,743
  • Aug 11, 2011 1:32pm Aug 11, 2011 1:32pm
Quoting Lain
So far I'm very impressed with this strategy.

I'm curious, has anyone ever though about comparing the strength of currencies in relation to other currencies when taking a position?

Say you get a number of TDI crosses, you do your Forex basics and check the angle of the cross and you are still left with a number of possible trades.

Would it make sense to trade the cross of the weakest currency vs the strongest currency?

You can measure the strenght and weakness by whatever you want, short term trend, long term, session move, bar move, ect.
You...
Okay...you had me at hello...

Can you attach that cool indicator for us peasants.

Thanks
  • #9,744
  • Aug 11, 2011 1:38pm Aug 11, 2011 1:38pm
Quoting Fitness09
quote=handy148;4863061]lol - I didn't even know there were any synergy arrows. None show up on my charts when I use synergy candles.
These show up on all of my charts. Sometimes they tell me to buy or sell, but all of the rules are not in play yet. When I look back at past arrows on all of my charts, they all look about 90-95% accurate in the signal. I was just wondering if anyone else is using these for early entry to trades. Thanks.
F09

Attachment [[/quote]
do those show up with your TDI indicator? or are they with your APB synergy bars?
  • #9,745
  • Aug 11, 2011 1:49pm Aug 11, 2011 1:49pm
Quoting XxLessoxX
These show up on all of my charts. Sometimes they tell me to buy or sell, but all of the rules are not in play yet. When I look back at past arrows on all of my charts, they all look about 90-95% accurate in the signal. I was just wondering if anyone else is using these for early entry to trades. Thanks.
F09

Attachment [
do those show up with your TDI indicator? or are they with your APB synergy bars?[/quote]
They are the synergy APB. Part of the indi package on Page 11
  • #9,746
  • Aug 11, 2011 1:53pm Aug 11, 2011 1:53pm
Quoting spyderman
Okay...you had me at hello...

Can you attach that cool indicator for us peasants.

Thanks
Hi spyderman,

As I mentioned I'm not adding any indicators, it's a totally different platform (VisualTrader) where I can see how the whole market is moving. It was mainly made for stocks, but I've adapted it for FX.
I was hopeing someone else may have had the idea of looking at the strongest pairs when picking their TDI crosses.

Lain
  • #9,747
  • Aug 11, 2011 2:03pm Aug 11, 2011 2:03pm
Quoting Fitness09
do those show up with your TDI indicator? or are they with your APB synergy bars?
They are the synergy APB. Part of the indi package on Page 11[/quote]


Yeah, I'm not getting them on my screen either.
  • #9,748
  • Edited 2:34pm Aug 11, 2011 2:24pm | Edited 2:34pm
Congrats to Big E and his partners for this simple and profitable method, i have been reading some pages to understand when to take a entry and since this Tuesday i have made around 500 pips, no bad! maybe lucky, but i follow all rules.

I see the 4H Chart and start my trades during the session of new york (8AM, 12AM GMT-4 Candles, then close all at 04PM GMT-4 Candle.

Here are my today entries:

EURUSD SRT@1,41555 Entry: TDI maybe Cross DOWN Exit: Wait for signals Obs: FXCM Chart - 8AM (GMT-4) Candle - Too early entry
USDCAD LNG@0,99477 Entry: TDI maybe Cross UP Exit: Wait for signals Obs: FXCM Chart - 8AM (GMT-4) Candle - Too early entry
GBPUSD LNG@1,62286 Entry: TDI Cross UP Exit: Wait for signals Obs: FXCM Chart - 12AM (GMT-4) Candle
AUDUSD LNG@1,02723 Entry: TDI Cross UP Exit: Wait for signals Obs: FXCM Chart - 12AM (GMT-4) Candle
EURJPY LNG@109,128 Entry: TDI Cross UP Exit: Wait for signals Obs: FXCM Chart - 12AM (GMT-4) Candle
GBPJPY LNG@124,447 Entry: TDI Cross UP Exit: Wait for signals Obs: FXCM Chart - 12AM (GMT-4) Candle
AUDJPY LNG@78,791 Entry: TDI Cross UP Exit: Wait for signals Obs: FXCM Chart - 12AM (GMT-4) Candle
NZDUSD LNG@0,82357 Entry: TDI Cross UP Exit: Wait for signals Obs: FXCM Chart - 12AM (GMT-4) Candle

Regards!
"Don't pretend that things will change, if you always do the same" A.E.
  • #9,749
  • Aug 11, 2011 2:29pm Aug 11, 2011 2:29pm
Took just the primary target, but the movement seems to be gaining amplitude.
Attached Image
  • #9,750
  • Aug 11, 2011 2:45pm Aug 11, 2011 2:45pm
those arrows are definitely not from the synergy apb
  • #9,751
  • Aug 11, 2011 3:27pm Aug 11, 2011 3:27pm
Quoting apock
I see the 4H Chart and start my trades during the session of new york (8AM, 12AM GMT-4 Candles, then close all at 04PM GMT-4 Candle.

Here are my today entries:

EURUSD SRT@1,41555 Entry: TDI maybe Cross DOWN Exit: Wait for signals Obs: FXCM Chart - 8AM (GMT-4) Candle - Too early entry
USDCAD LNG@0,99477 Entry: TDI maybe Cross UP Exit: Wait for signals Obs: FXCM...
All positions closed.

EURUSD SRT@1,41555 Entry: TDI Cross DOWN Exit: NY Session close @1,422570 -70 pips Obs: FXCM Chart - 8AM (GMT-4) Candle - Too early entry
USDCAD LNG@0,99477 Entry: TDI Cross UP Exit: NY Session close @0,986470 -83 pips Obs: FXCM Chart - 8AM (GMT-4) Candle - Too early entry
GBPUSD LNG@1,62286 Entry: TDI Cross UP Exit: NY Session close @1,621780 -11 pips Obs: FXCM Chart - 12AM (GMT-4) Candle
AUDUSD LNG@1,02723 Entry: TDI Cross UP Exit: NY Session close @1,034540 73 pips Obs: FXCM Chart - 12AM (GMT-4) Candle
EURJPY LNG@109,128 Entry: TDI Cross UP Exit: NY Session close @109,3490 22 pips Obs: FXCM Chart - 12AM (GMT-4) Candle
GBPJPY LNG@124,447 Entry: TDI Cross UP Exit: NY Session close @124,6770 23 pips Obs: FXCM Chart - 12AM (GMT-4) Candle
AUDJPY LNG@78,791 Entry: TDI Cross UP Exit: NY Session close @79,5350 74 pips Obs: FXCM Chart - 12AM (GMT-4) Candle
NZDUSD LNG@0,82357 Entry: TDI Cross UP Exit: NY Session close @0,830760 72 pips Obs: FXCM Chart - 12AM (GMT-4) Candle
"Don't pretend that things will change, if you always do the same" A.E.
  • #9,752
  • Aug 11, 2011 4:09pm Aug 11, 2011 4:09pm
Quoting handy148
those arrows are definitely not from the synergy apb
I'm sorry, you are correct. They are associated with the Stoch I got from page 11 with the other indi and temp.
  • #9,753
  • Aug 11, 2011 5:03pm Aug 11, 2011 5:03pm
Quoting RedMonkey
Two trades setup before I head off to bed, one on AUD and one on EUR. Small SL.

Night.
AUD got me 35 pips. EUR with 62.

Tis nice to wake up to profit

Hope everyone else had a successful night.
  • #9,754
  • Aug 11, 2011 5:55pm Aug 11, 2011 5:55pm
Quoting Fitness09
I'm sorry, you are correct. They are associated with the Stoch I got from page 11 with the other indi and temp.

I think you'll find they are a variation of the TDI, every cross produces an arrow, every arrow allows for an sms or email alert. check the attachments page, theres lots of different versions available.

the stoch indi on page 11 shows different colours for over bought and over sold areas.
  • #9,755
  • Aug 11, 2011 5:56pm Aug 11, 2011 5:56pm
Quoting RedMonkey
AUD got me 35 pips. EUR with 62.

Tis nice to wake up to profit

Hope everyone else had a successful night.

took the Aussie long on the H4 chart, +100 at the moment with a target of 150.
  • #9,756
  • Aug 11, 2011 7:03pm Aug 11, 2011 7:03pm
Quoting deniyi
Can any one help me out with latest and profitable indiators which may be attach to my trading platform.I also need an instructor to tell me when to buy/sell. This may be through E mail alert
Is this a serious question??
SO what you are asking for is someone to tell you which indicators are consistently profitable every time you use them to trade AND you want someone to tell you when put a trade on......all without having to do any study or homework and all for free.
I am unaware of such a person or such an indicator for that matter.
THe best I could suggest is this:
Go to your local bank manager and ask him or her if they could please give you a free Mastercard or Visa with a one million dollar per week limit on it that they will pay for you. Thats pretty much exactly what you are asking.
  • #9,757
  • Aug 11, 2011 7:06pm Aug 11, 2011 7:06pm
Penny's entries for the skype room folks
Attached Image (click to enlarge)
Click to Enlarge Name: au entries.gif Size: 18 KB
  • #9,758
  • Aug 11, 2011 7:26pm Aug 11, 2011 7:26pm
Quoting 33drifter
took the Aussie long on the H4 chart, +100 at the moment with a target of 150.
I probably should have left the trade open longer when I hopped off last night, but had a fairly small TP.
  • #9,759
  • Aug 11, 2011 7:29pm Aug 11, 2011 7:29pm
Ok. A tip for everybody:
There have been countless indicators suggested, ea's built, additions to refine and whatever else the human brain attempts to add to this because it seems too simple. So the tip is this:
Go back and read just the first 10 pages and have a GOOD look at BigE's charts. FOr anyone new, BigE is the originator of this thread and developer of this method. He has studied it, overcomplicated it, twisted it, added to it and thankfully in the end simplified it so anybody can use it.
Have a GOOD HARD look at his charts and note the indicators he uses.
Now his strike rate with this method is 70-85%
Why the f&^%ck would you want or need anything more and why would you feel the need to complicate it.
If you keep it simple and train your eye and brain on the simple basic signals it give.....tdi and candle strength, then you practice and learn your foex basics....thats all you need.
In fact the tdi is merely a reflection or symbol of what PA is actually doing...its a heads up....its helping you recognise strong PA...the rest is just forex basics...SR etc. No other indicators will help you.
Honeslty....have a look at the charts of the man who invented this and keep in mind his strike rate....80% ish or higher.....isnt it smarter to try and replicate that??
  • #9,760
  • Aug 11, 2011 7:55pm Aug 11, 2011 7:55pm
Hi All,
i stumbled upon this thread 3 weeks ago. i have read many many pages to understand the system.
Thankful to the people who took the task of sharing with other traders.
i am just observing the charts with the indis posted ,
will start trading next week.
all the best guys and have a great weekend.
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