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  • #10,901
  • Aug 31, 2011 11:51pm Aug 31, 2011 11:51pm
There is a lot of news today just like yesterday. Hopefully is not a problem.
  • #10,902
  • Sep 1, 2011 12:08am Sep 1, 2011 12:08am
looking for PA for entry on M30
Attached Image(s) (click to enlarge)
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"To live with Passion, it takes Courage and Grace to survive"
  • #10,903
  • Sep 1, 2011 12:49am Sep 1, 2011 12:49am
All the CHF crosses were showing setups, but I took EURCHF as it looked best. Sell 1.15582 (SL 1.20)
  • #10,904
  • Sep 1, 2011 2:40am Sep 1, 2011 2:40am
Here's my chart for the day, a 30 min AU trade taken short. Stop set at 2xATR so 26 pips. TDI shows nice angle down and bearish divergence. Big divergence on 1 hr chart too

Here goes!!!!!!!!
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Short Euro and remaining that way. That's just the way it is !
  • #10,905
  • Sep 1, 2011 4:36am Sep 1, 2011 4:36am
dean
Quote
With all due respect, weren't you explaining a few days ago that you only take a couple of good signals per week?? and yet you had five trades on last night??

I take a few signals per week swing trading on the higher time frames – 1 Hr and 4 Hr, and sometimes daily. I scalp on the 15 M chart every day. When the market is ranging or lots of news, I focus on the 15 M charts until a clear trend is established and then revert to back to swing set ups.

I am in two open swing positions currently from Tuesday on the 4 Hr charts - shorting E/U and E/J. Those are the only two swing trades I have taken this week. My first targets have been attained and I am am now at breakeven for my second position on each pair.
  • #10,906
  • Sep 1, 2011 4:48am Sep 1, 2011 4:48am
Quoting dcginc
dean

I am in two open swing positions currently from Tuesday on the 4 Hr charts - shorting E/U and E/J. Those are the only two swing trades I have taken this week. My first targets have been attained and I am am now at breakeven for my second position on each pair.
Nice trades mate, EU is moving down nicely from treble top I see and EY from UTL...

May I ask what level your second TP is at?
  • #10,907
  • Sep 1, 2011 4:48am Sep 1, 2011 4:48am
Can someone point me to the right direction of ATR discussion.
  • #10,908
  • Sep 1, 2011 5:44am Sep 1, 2011 5:44am
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 hourhttp://www.forexfactory.com/attachme...1&d=1309709421s...


Hello everyone,
First of all sorry for my poor English

I have read this very interesting thread for the most part and thank those who generously shared this information.

The method is simple, little thing to know and watch, but each time someone was asked specifically " how do I do about the entry price " no one has ever given a precise answer.

I'll try ask again resuming the post of demoreal that clearly expressed the concept.

Big E is pretty clear about qnd he say: " Enter at beginning of candle that have sent the signal" but how can we enter at the beginning of the second candle if it is still in formation?
i have to Enter a beginning of candle being formed taking my risk, or wait for the candle to form and then enter a limit order near the opening price ?

Thanks to those who will finally explain the mechanism
  • #10,909
  • Sep 1, 2011 5:54am Sep 1, 2011 5:54am
Quoting Flamegs23
Can someone point me to the right direction of ATR discussion.
There is some ATR posts in dg's pdf here... Is that what you wanted?
Attached File(s)
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  • #10,910
  • Sep 1, 2011 5:58am Sep 1, 2011 5:58am
Caught this one... +50

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  • #10,911
  • Sep 1, 2011 6:36am Sep 1, 2011 6:36am
You enter at the BEGINNING of the candle, it does not complete until the end of the candle. It will be forming until it closes. It can be 10 seconds old, it is still the beginning. Enter at the beginning - if you have problems with the term beginning, enter 1 minute into the candle if that makes it easier.

Quoting lpizzi
Hello everyone,
First of all sorry for my poor English

I have read this very interesting thread for the most part and thank those who generously shared this information.

The method is simple, little thing to know and watch, but each time someone was asked specifically " how do I do about the entry price " no one has ever given a precise answer.

I'll try ask again resuming the post of demoreal that clearly expressed the concept.

Big E is pretty clear about qnd he say: " Enter at beginning of candle that have sent the signal" but how can...
Read the entire thread BEFORE you ask questions!
  • #10,912
  • Sep 1, 2011 7:15am Sep 1, 2011 7:15am
Quoting lpizzi
but how can we enter at the beginning of the second candle if it is still in formation?
You enter at the beginning of the second candle if and when the first candle has already given you the signal with the TDI cross. If you decide to take the trade you therefore take whatever bid or ask price is available at that moment...
  • #10,913
  • Sep 1, 2011 8:06am Sep 1, 2011 8:06am
Anyone looking at the EURUSD? Maybe it's hit the bottom.....
Attached Image
  • #10,914
  • Sep 1, 2011 8:07am Sep 1, 2011 8:07am
I try that :
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  • #10,915
  • Sep 1, 2011 8:36am Sep 1, 2011 8:36am
Quoting Purger
Anyone looking at the EURUSD? Maybe it's hit the bottom.....
Not me, waiting to get a short signal on the lower time frames. Market is a bit asleep after London Moves
Short Euro and remaining that way. That's just the way it is !
  • #10,916
  • Sep 1, 2011 8:45am Sep 1, 2011 8:45am
Quoting NZ Chris
Not me, waiting to get a short signal on the lower time frames. Market is a bit asleep after London Moves
Yeah news might make it move at 10:30 EDT.

Edit: 10:00 EDT.
  • #10,917
  • Sep 1, 2011 8:50am Sep 1, 2011 8:50am
Quoting mogulmedia
There is some ATR posts in dg's pdf here... Is that what you wanted?

This is one of the best PDF Documents on this systerm so far, other are as good but this one is just on the ball and fantastic. Well Written and it is very clean and tidy too. Wish this can be placed on this first page for newbies.

I am such a fan of your post buddy. Keep it up.
Born to rule my Economic World and Make a Difference!
  • #10,918
  • Sep 1, 2011 9:28am Sep 1, 2011 9:28am
A couple of questions please:

-Sometimes the TDI indicator in 4H timeframe doesn't match the same direction of TDI in 1H timeframe(i.e. one says go ahead and buy and the other screams it is selling time). What should i do in this case?

-You said we should jump in in the first or second candle at most when the green light is on because there might be a reversal coming from the 3 to 8 candels. Does this apply on 4H timeframe only or the 1H timeframe as well. I mean if a reversal occurs in 6 candles in 4H, it should take 24 candles in 1H timeframe.

Thanks for your cooperation
  • #10,919
  • Sep 1, 2011 9:44am Sep 1, 2011 9:44am
Hi all
Is there an Ea for this trading method,this is my first post so dont shoot me down if its a daft question.
  • #10,920
  • Sep 1, 2011 9:54am Sep 1, 2011 9:54am
Quoting Peteday
Hi all
Is there an Ea for this trading method,this is my first post so dont shoot me down if its a daft question.
Not on this thread - search for Trading Made Simple and see if the EA thread is still active - last I saw, they were on version 9 and going strong.

From what I know (limited at best) none of the traders on this thread are using EAs and I have yet to see anyone advocating their use.

The best EA is between your ears - and it doesn't need code revisions - just coffee!
"To live with Passion, it takes Courage and Grace to survive"
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