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  • #6,201
  • Edited 1:49pm Mar 6, 2012 1:31pm | Edited 1:49pm
Hi phx

Is that an indicator that draws the short green Round Number lines on the right?

The one I use draws lines across the full width just adding clutter, so if you could post it - many thanks.

(or tell me its name?)

rorieu
Attached Image
  • #6,202
  • Mar 6, 2012 1:44pm Mar 6, 2012 1:44pm
Quoting ljin
hello phx62. i have a question on your 1st trade.
how did you correctly enter at that candle instead of the prev blue candle?
there is a pullback candle 1 hour after LO. and following that, the candle open with blue candle + tdi cross .

and which time that we need to be aware of prev low and high when entry? sometimes i often see your trading and open position after the price go past prev low /high candle.
thx.
I believe he waited for a valid NYO time to take the trade.
  • #6,203
  • Mar 6, 2012 1:59pm Mar 6, 2012 1:59pm
Quoting Phx62
Two EU H1 trades this week...they each netted +50 pips. I am also taking some time to test and learn how PA works on the GU and EJ pairs. I have had some success there also.
Like always... Nice trade, I have a question I can't find a good pivot indi, I keep searching but I can't find something clean like your, showing s1 s2 r1 r2 yesterday low and hight and round numbers like 1.3000 1.3100, I hope you can understand me. Thanks.
  • #6,204
  • Mar 6, 2012 2:03pm Mar 6, 2012 2:03pm
I am out +90 night guy...
  • #6,205
  • Mar 6, 2012 2:05pm Mar 6, 2012 2:05pm
Quoting fxfury
I believe he waited for a valid NYO time to take the trade.
I think is because red and green line was almos together. Remember the clock, 12 to 2.
  • #6,206
  • Mar 6, 2012 2:05pm Mar 6, 2012 2:05pm
just wonder how we trade the green tdi if im looking for the 12 to 2 position as at different zooms ect it stretches or bunches up is there a correct way to view it?
  • #6,207
  • Mar 6, 2012 2:06pm Mar 6, 2012 2:06pm
Quoting ljin
hello phx62. i have a question on your 1st trade.
how did you correctly enter at that candle instead of the prev blue candle?
there is a pullback candle 1 hour after LO. and following that, the candle open with blue candle + tdi cross .

and which time that we need to be aware of prev low and high when entry? sometimes i often see your trading and open position after the price go past prev low /high candle.
thx.
Entry on trade1 was made based on the separation of the green TDI line from the red TDI line.....I saw the red pullback candle but the previous 10 candles before that one, had wicks at both ends...indicating consolidation and I wanted to see some separation of the green line from the red line before entering a trade. Look at the TDI line during the Asian session...it crossed over but did not separate in either direction for several hours.
Even if you had entered at the 1st blue candle, it would have also given you +50 pips.
  • #6,208
  • Mar 6, 2012 2:12pm Mar 6, 2012 2:12pm
Quoting Phx62
Entry on trade1 was made based on the separation of the green TDI line from the red TDI line.....I saw the red pullback candle but the previous 10 candles before that one, had wicks at both ends...indicating consolidation and I wanted to see some separation of the green line from the red line before entering a trade. Look at the TDI line during the Asian session...it crossed over but did not separate in either direction for several hours.
Even if you had entered at the 1st blue candle, it would have also given you +50 pips.
That is understandable, but was I correct in a more conservative s3 method we would wait for that candle because it is the first one for new york and we only want to really trade before that on the first 3 candles of london?
  • #6,209
  • Mar 6, 2012 2:13pm Mar 6, 2012 2:13pm
Quoting rorieu
Hi phx

Is that an indicator that draws the short green Round Number lines on the right?

The one I use draws lines across the full width just adding clutter, so if you could post it - many thanks.

(or tell me its name?)

rorieu
This indicator came from the Craig Harris Stoch Method thread started by Eelfranz before he started the TMS thread.
Attached File(s)
File Type: ex4 SDX-SweetSpots_v5.2 BN.ex4   10 KB | 849 downloads
File Type: mq4 SDX-SweetSpots_v5.2 BN.mq4   15 KB | 973 downloads
  • #6,210
  • Mar 6, 2012 2:17pm Mar 6, 2012 2:17pm
Quoting chiche
Like always... Nice trade, I have a question I can't find a good pivot indi, I keep searching but I can't find something clean like your, showing s1 s2 r1 r2 yesterday low and hight and round numbers like 1.3000 1.3100, I hope you can understand me. Thanks.
I haven't found a pivot indicator that I like either. I go to the H4 chart and draw my own S&R lines. I just posted the Round Number indicator and am attaching the Daily High/Low indicator to this post.
Attached File(s)
File Type: ex4 Daily_High_Low .ex4   3 KB | 963 downloads
File Type: mq4 Daily_High_Low .mq4   3 KB | 1,056 downloads
  • #6,211
  • Mar 6, 2012 2:34pm Mar 6, 2012 2:34pm
Quoting Phx62
I haven't found a pivot indicator that I like either. I go to the H4 chart and draw my own S&R lines. I just posted the Round Number indicator and am attaching the Daily High/Low indicator to this post.
Thanks Ph62, keep making pips...
  • #6,212
  • Mar 6, 2012 2:43pm Mar 6, 2012 2:43pm
Hi phx62,

I entered at the break of support on the 5am est red candle as shown in my chart. I put a TP of 45 pips just before the next major support level.

+45 pips on my first eur/usd 1hr trade.
Attached Image (click to enlarge)
Click to Enlarge Name: eur1hr.jpg Size: 166 KB
  • #6,213
  • Mar 6, 2012 2:50pm Mar 6, 2012 2:50pm
Phx62 & chiche

There was a previous post with the Pivot_DOTS indicator that will place the pivots cleanly on the right side of the charts with no lines crossing the charts. It gives clear levels as well as the interim steps (m1,m2, m3 etc). It can be found in the attachments.
  • #6,214
  • Mar 6, 2012 2:50pm Mar 6, 2012 2:50pm
Not sure on which TF you took this trade. I have attached the chart and I don't see any down trend at any TF.

I suggest to go slow in terms of taking trade. In other words when you see a setup look for reasons not to trade and if you find none only then take a trade. I know it is a slow and painful process but I am sure over the period of time you eyes will be trained to spot the good setup within seconds.


Quoting HITMAN
how far could bad luck could go
.... i take the short on Usd Chf based on down trend + trend line + TDI cross + Shi Channel edge and it now 65 pip loss... last week i take similar trade in usd cad and post my chart and it go for loss also ...
.......
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF 8HR.jpg Size: 173 KB
Forex is boring but profitable with patience and discipline
  • #6,215
  • Mar 6, 2012 3:29pm Mar 6, 2012 3:29pm
just wonder how we trade the green tdi if im looking for the 12 to 2 position as at different zooms ect it stretches or bunches up is there a correct way to view it?
anybody?
  • #6,216
  • Edited 4:12pm Mar 6, 2012 4:10pm | Edited 4:12pm
Quoting alshaheen
just wonder how we trade the green tdi if im looking for the 12 to 2 position as at different zooms ect it stretches or bunches up is there a correct way to view it?
anybody?
I don't know if this has been addressed elsewhere but my observation of those successfully using the TDI indicator is their charts seem to be set 1 step from maximum zoom and then have the TDI window be about 1/3 of the screen.

I have actually measured the screenshots to come to this conclusion. The proportion will hold true no matter your monitor size.
  • #6,217
  • Mar 6, 2012 4:18pm Mar 6, 2012 4:18pm
cheers i thought i was missing something glad that you made the observation to question and come up with an answer thanks
  • #6,218
  • Mar 6, 2012 4:20pm Mar 6, 2012 4:20pm
Went short when BEOB appears (yellow arrow). In a long haul trade and would like see price go upto 85.66.
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPYH8.png Size: 50 KB
Forex is boring but profitable with patience and discipline
  • #6,219
  • Mar 6, 2012 4:31pm Mar 6, 2012 4:31pm
Quoting Phx62
I haven't found a pivot indicator that I like either. I go to the H4 chart and draw my own S&R lines. I just posted the Round Number indicator and am attaching the Daily High/Low indicator to this post.
Phx62, Chiche, you might try these pivot indicators. see what you think? One point, if you use them on a black background screen you will need to change the colour of the PP as it's default colour is black (I use Dim Grey).
Attached Image
Attached File(s)
File Type: ex4 $_CC_Pivots_Daily.ex4   9 KB | 494 downloads
File Type: ex4 $_CC_Pivots_Weekly.ex4   9 KB | 447 downloads
File Type: ex4 $_CC_Pivots_Monthly.ex4   9 KB | 412 downloads
File Type: ex4 $_CC_Pivots_Yearly.ex4   12 KB | 401 downloads
  • #6,220
  • Mar 6, 2012 4:33pm Mar 6, 2012 4:33pm
Quoting Steve 56
Sarmatius, Actually I want to congratulate on your Results and your Post. Not so much as even in the event not all your summations were correct to the implementation of the Strategy. That will come with Experience and you will learn from your mistakes, as long as you keep your positive attitude. In your Post You say "I feel indifferent" in regard to your win. May seem like a small reference but it has much higher implications. My advice for what its worth is PRINT your Post and keep it next to your Computer for future reference. And when you lose...
Hi Steve,

I must admit that it took me a bit of concentration and willpower to find the right words to answer your fine post.
I've read and then reread your post several times and I thank you dearly for your kind and masterful words.You have altitude.And I actually just think that, I really dont deserve such attention...

As usual the good pages and posts from FF get a place in my long list of bookmarks under the Forex folder.Your post has its deserved place and I'll actually print it(as it also quotes my own post).

After a few months of struggling and fighting(with myself of course), finding myself literally shouting at the monitor because of a very inflated EGO, I've suddenly stopped and asked myself...

Wait a second, why do you act like this ?You have a great career, why all the stress with trading?!
Do you like trading? I've answered YES to myself...
Why do you like it so much?Because it defines me so much...It lets me to be actually me.
Then I begun to realise I do this for passion primarily not for money, and perhaps I'm fortunate I'm not chasing money when trading but a way of expressing myself, freely!To hear my words and take my decisions undisturbed AT ALL.

Then try this attitude, I've said to myself, or stop selfdestructing you being consumed by a combo of ego, anger and fear..

From now on, its a play, a challenge were I try to champion the game letting the EGO at the door!
The market is def, blind, does not feel for you or for anyone else.No matter how much you shout at the market, how much you rage, it just wont listen to you.Its just like a big dragon that wont even notice you but gives free rides home.You should not try to stay in his way though!

Then the things cant be so nice in life and I noticed I still have a real problem with trading, my most actual and relevant trading tragedy..
My tragedy ? Well I have an already very developed career that wont let me trade regularily (I like H1 timeframe the most) and that makes me even more passionate about this sport.

And I'd even dare to have an advice for all the traders out there that actually have a go to learn and trade.LOVE IT, be passionate about it, you're fortunate enough that you have a precious commodity at your disposal, perhaps the most precious one.The time!To learn, trade and succeed.

Time will tell if life will actually allow me to join your gang.
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