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  • #521
  • Dec 1, 2011 3:06am Dec 1, 2011 3:06am
great work davlo, i havent really looked at the NZD/USD yet but they all feed off each other i think, i notice that the EU and the AU are always pretty much the same.

Will wait till the NY session to see any other entries for the night
  • #522
  • Dec 1, 2011 3:59am Dec 1, 2011 3:59am
eu, gu long.. both +40 pip~ profit
  • #523
  • Dec 1, 2011 4:22am Dec 1, 2011 4:22am
Guys i see youll mastering this system especially RAA.
Well done.
I would like it if you guys post your weekly totals on fridays so we can encourage other traders and it will be a sense of motivation.
I did not trade this morning as i went out to meet some people for coffee.

As i mentioned before that there was hardly any pips going short( if i did go short i wouldve closed for 20 pips or broke even) and if you traded the pull back candle which formed a upward cross on TDI few hours back you wouldve had 50 pips in the bag now.
G/U did the same as well.
Thats 100 pips in 2 hours with just 2 pairs.
X-man the legendary conqueror of markets
  • #524
  • Dec 1, 2011 4:35am Dec 1, 2011 4:35am
Quoting X-Man
[color=Blue][size=3]Guys i see youll mastering this system especially RAA.
Well done.
I would like it if you guys post your weekly totals on fridays so we can encourage other traders and it will be a sense of motivation.
I did not trade this morning as i went out to meet some people for coffee.

As i mentioned before that there was hardly any pips going short( if i did go short i wouldve closed for 20 pips or broke even) and if you traded the pull back candle which formed a upward cross on TDI few hours back you wouldve had 50 pips in the bag...
Please X-Man, Can you show us on a graph, when it should have been trading for these pips? This is important for our understanding of your method. Personally I really do not see. Thank you
vcary
  • #525
  • Dec 1, 2011 4:43am Dec 1, 2011 4:43am
X-Man

I know you've mentioned them in the thread before, but I don't think people are really understanding the idea of trading the pullback candle. To be honest, I haven't really traded them; but that is goin' to change my man. Lookin' at the early entry in the chart makes me realize that the stop loss can be smaller at those times, even if it seems a little more risky to me. I think that the confluence of time and the beginning of volume for the day really works for us on this trade during the london session. I think less so during the american session. My two cents...
"IN CASH WE TRUST"
  • #526
  • Dec 1, 2011 4:46am Dec 1, 2011 4:46am
Quoting LazyLobster
X-Man

I know you've mentioned them in the thread before, but I don't think people are really understanding the idea of trading the pullback candle. To be honest, I haven't really traded them; but that is goin' to change my man. Lookin' at the early entry in the chart makes me realize that the stop loss can be smaller at those times, even if it seems a little more risky to me. I think that the confluence of time and the beginning of volume for the day really works for us on this trade during the london session. I think less so during the...
yeah you are totally correct.
Read PHX62 post on this thread view the chart that he explains about. , he also trades the pull back candle and with that your SL is smaller
X-man the legendary conqueror of markets
  • #527
  • Dec 1, 2011 4:54am Dec 1, 2011 4:54am
i took on this candle (white vertical line) GU long trade... 55pip so far.. i took it coz it bounced of 60ema. when i took it i didnt watch TDI... some ppl ll jump in only on 3 candle.. when tdi ll shows nice angel.. but i jumped on first.. when it was still red candle.. i switched lower timeframes to see where PA is going... and saw
PA is going up.. took trade with sl as small as 20pip only..


sorry for bad english.. im learning it now.
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  • #528
  • Dec 1, 2011 4:56am Dec 1, 2011 4:56am
Hi all,

I have shorted the EU and made a loss. I have followed all the rules.

TDI cross after vertical line, candle is red, size is alright. TDI is around the 60 area so it's ok. The pull pack of the third candle tell me I should sell it when closing price is higher than opening.

Really want to learn here, what went wrong?

Hilary
  • #529
  • Dec 1, 2011 5:07am Dec 1, 2011 5:07am
Quoting alteclansing
Hi all,

I have shorted the EU and made a loss. I have followed all the rules.

TDI cross after vertical line, candle is red, size is alright. TDI is around the 60 area so it's ok. The pull pack of the third candle tell me I should sell it when closing price is higher than opening.

Really want to learn here, what went wrong?

Hilary
hilary you did everything correct , the thing is that since we can see that E/U is in an uptrend tehn your short trades must have a smaller TP , and there will be more blue candles than red. so all this will play a part when trading.
In your short trade you couldve closed for 20 pips or closed it at break even and then traded the long signal
X-man the legendary conqueror of markets
  • #530
  • Dec 1, 2011 5:08am Dec 1, 2011 5:08am
Quoting alteclansing
Hi all,

I have shorted the EU and made a loss. I have followed all the rules.

TDI cross after vertical line, candle is red, size is alright. TDI is around the 60 area so it's ok. The pull pack of the third candle tell me I should sell it when closing price is higher than opening.

Really want to learn here, what went wrong?

Hilary
hey m8,

I hope u took this trade on demo.. or if u took it on live. then i hope u set small tight sl... U shorted on weak candle. U must watch candles, PA not only TDI angel.. and cross. ;]
  • #531
  • Dec 1, 2011 5:13am Dec 1, 2011 5:13am
Guys I've been contacted by BIG E today and he says that he is very very ill.
Pains are there 24/7 and have to take lots of medication.
He didnt trade for this entire month.
So please remember him in your prayers as it is through him that we making loads of pips.
X-man the legendary conqueror of markets
  • #532
  • Dec 1, 2011 5:18am Dec 1, 2011 5:18am
Quoting X-Man
Guys I've been contacted by BIG E today and he says that he is very very ill.
Pains are there 24/7 and have to take lots of medication.
He didnt trade for this entire month.
So please remember him in your prayers as it is through him that we making loads of pips.
:////

Hope he will feel better soon...
We are with you BIG E
  • #533
  • Dec 1, 2011 5:58am Dec 1, 2011 5:58am
Quoting X-Man
Guys I've been contacted by BIG E today and he says that he is very very ill.
Pains are there 24/7 and have to take lots of medication.
He didnt trade for this entire month.
So please remember him in your prayers as it is through him that we making loads of pips.
oh man, I am very sorry to hear that :-(... I hope he will get up again!!! Best to you from me, Big E!

smash
  • #534
  • Edited 6:32am Dec 1, 2011 6:21am | Edited 6:32am
XMan,

Thanks again for the strategy and the answers.

I wanted to post this trade on the swing method to see if
I have the right idea. Would prefer a bounce off the channel
but also looking for bounces off the ema. Anyone's feedback is welcome.
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  • #535
  • Dec 1, 2011 6:46am Dec 1, 2011 6:46am
Quoting X-Man
4h Swing trade chart
Guys have a look at this chart
If you entered on the bounce of the daily where i placed my red arrow you wouldve made a nice 200 - 250 pips with a SL of just 80 to 90 pips
What I don't understand. Your red arrow is at the bounce of the daily.
But the 60 EMA is trend up.

While you say in the first posts : When Price is under the 60 EMA then we are in a downtrend so we sell the tops

You dont't wait the 60 EMA trend?
  • #536
  • Dec 1, 2011 7:00am Dec 1, 2011 7:00am
Thanks Xman for the great share. I have more than 800 pips off of multiple pairs with 4 hour swing strategy. I hope to make much more in the weeks to come.

Green pips to you all. :-)
  • #537
  • Dec 1, 2011 7:01am Dec 1, 2011 7:01am
Are you guys gonna trade NY open today?
  • #538
  • Dec 1, 2011 9:20am Dec 1, 2011 9:20am
Quoting Luchetto93
Are you guys gonna trade NY open today?
i didnt jump.
  • #539
  • Dec 1, 2011 9:25am Dec 1, 2011 9:25am
Price did not seem to move across all pairs. Is there anything for example in this chart that could have told me not to enter at these points everything seemed to check out okay.

also, I seemed to notice this today more often, but is there a fix to the TDI repaint issue. Reason being, I will check different time frames for a possible signal, (my main is the 1 hour) but when I get back to my main time frame...i see a beautiful cross and price has taken off. And it threw off my analysis big time today.
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  • #540
  • Dec 1, 2011 9:41am Dec 1, 2011 9:41am
Quoting hale-mary
Price did not seem to move across all pairs. Is there anything for example in this chart that could have told me not to enter at these points everything seemed to check out okay.

also, I seemed to notice this today more often, but is there a fix to the TDI repaint issue. Reason being, I will check different time frames for a possible signal, (my main is the 1 hour) but when I get back to my main time frame...i see a beautiful cross and price has taken off. And it threw off my analysis big time today.
well the market is ranging.
Theres no way to tell when a market is going to range until it starts to range.
Or sometimes after big moves like yesterday the market will have some sort of range to find direction
X-man the legendary conqueror of markets
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