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  • #7,441
  • May 29, 2012 9:43am May 29, 2012 9:43am
Here we have 10 200 cross happened on 4h on euraud, you see the result, if you missed this wait for a pullback to 50 fibo around 1.2840 and enter short if 50 200 sma have a cross down at that time !!!
Attached Image (click to enlarge)
Click to Enlarge Name: euraud.jpg Size: 193 KB
  • #7,442
  • May 29, 2012 9:50am May 29, 2012 9:50am
Quoting yogesheena
AUTO TDI when changed the TF it does not load at all it shows empty window
make tf 0 , 15, 30, 60, 240 etc it should work
  • #7,443
  • May 29, 2012 11:05am May 29, 2012 11:05am
Hi Emmanuel,

I just received a "buy june canadian" flash alert from a trusted broker.I shorted eurcad and gbpcad and a little usdcad, thought you might be interested.Gbpcad looks like it has a long down to go and about to have 4h cross, no need to mention eur, usdcad has a d1 tdi cross down too.

Regards,

Okan

Quoting emmanuel7788
thanks Okan.
very nice!
new month, new week ... must update my Big Picture planning.

regards,
  • #7,444
  • May 29, 2012 6:04pm May 29, 2012 6:04pm
Hi ,

As gbp is a highly manipulated currency it hides its moves and behaves differently but we caught it this time You can see how big boys is hiding the drop with the 10 200 sma crosses, normally in an other currency this 10 200 crosses happen suddenly but in gbp crosses no way ! They made people asleep , they dumped the latest gbp positions to the retailers and now waiting for the big push down, might happen today or tomorrow but for sure it is gonna happen like a thunderbolt with the 50 200 sma cross down.
The best candidate to make it a pair is canadian dollar as it is gaining strenght again even against the usd.

Quoting okanemici
I'm watching gbp index lately where I wait for a big push down.It is at a critical point where I understand a pair is having a reversal or not.

Gbp index 4h chart has a 10 200 sma cross down but now flat waiting for 50 sma to cross 200 sma down I believe.50 - 200 sma cross is dead cross which I believe is the reversal point in any trending pair.By the opening of this week or in 2 days I expect a sharp decline in gbp against all pairs especially usd.

Gbpusd has a triangle in daily chart and the channel will be broken with a move below 1.5520.Then...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpindex2.jpg Size: 173 KB
Click to Enlarge Name: gbpcad.jpg Size: 188 KB
  • #7,445
  • May 29, 2012 6:45pm May 29, 2012 6:45pm
Quoting okanemici
Hi ,

As gbp is a highly manipulated currency it hides its moves and behaves differently but we caught it this time You can see how big boys is hiding the drop with the 10 200 sma crosses, normally in an other currency this 10 200 crosses happen suddenly but in gbp crosses no way ! They made people asleep , they dumped the latest gbp positions to the retailers and now waiting for the big push down, might happen today or tomorrow but for sure it is gonna happen like a thunderbolt with the 50 200 sma cross down.
The best candidate to make it a...
Day chart has some reasonably strong support levels to break - waiting for a close below and PA to move lower, otherwise this could be the 4th false break in the past 3 weeks.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp cad day 5-29-2012.gif Size: 28 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #7,446
  • May 29, 2012 7:41pm May 29, 2012 7:41pm
Quoting Britpip7
Day chart has some reasonably strong support levels to break - waiting for a close below and PA to move lower, otherwise this could be the 4th false break in the past 3 weeks.
Hi Britpip,

it had a daily close (1.5988 ) below the monthly close (1.6022 )and the weekly low.I think it is time.Also cad is the biggest gainer of this week and gbp is the 3th loser after eur and chf.I think gbpcad is done this time.If you wanna make sure wait for the 50 200 sma cross on 4h chart though.

Regards

Okan
  • #7,447
  • May 30, 2012 7:00am May 30, 2012 7:00am
Hi,

How to trade the TDI extremes?
Here is s good video to watch:
http://www.compassfx.com/video/flash/12411/12411.html

EURUSD has been downtrending for 4 weeks now and has penetrated the D channel. When will the correction happen?

regards,
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 22 D1 30 May 30-5-2012 7-47-42 PM.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,448
  • May 30, 2012 7:12am May 30, 2012 7:12am
Quoting emmanuel7788
Hi,

How to trade the TDI extremes?
Here is s good video to watch:
http://www.compassfx.com/video/flash/12411/12411.html

EURUSD has been downtrending for 4 weeks now and has penetrated the D channel. When will the correction happen?

regards,
The $64 mill question.

Things are so bad for the Euro zone the big boys are still adding to their eur shorts as per the COT data. So at this point in time with the market we have now I'd chip in that even if you watch the video it might hold true in more 'normal' market movements but what we have at the mo isn't a normal market movement. Euro is in the crapper with no end in sight it seems. Personally wouldn't trust any buy signals until there is clear evidence of a turn.
  • #7,449
  • May 30, 2012 7:22am May 30, 2012 7:22am
Quoting emmanuel7788
Hi,

How to trade the TDI extremes?
Here is s good video to watch:
http://www.compassfx.com/video/flash/12411/12411.html

EURUSD has been downtrending for 4 weeks now and has penetrated the D channel. When will the correction happen?

regards,
See W chart, as we went through the Aug '10/Jan '12 lows the key level lows in play now go back to Mar '09 and Oct '08. If there is no significant reaction up from these levels 2456 and 2328 then the downside could be interesting indeed.

The 50 pip 5 min candle move up an hour or so ago was IMHO a reaction to the Mar 09 low, we'll need to see if the move up can hold, I doubt it.
  • #7,450
  • May 31, 2012 6:25am May 31, 2012 6:25am
@okanemici:

In your charts there are green and red arrows above and below the candles. They seem pretty helpful.

Which indicator is it and if it's free, can you upload it as an attachment to a post? If it's a paid one, can you tell me where to find it?
  • #7,451
  • Jun 1, 2012 2:51am Jun 1, 2012 2:51am
Anyone catch this baby ?

Quoting okanemici
I'm watching gbp index lately where I wait for a big push down.It is at a critical point where I understand a pair is having a reversal or not.

Gbp index 4h chart has a 10 200 sma cross down but now flat waiting for 50 sma to cross 200 sma down I believe.50 - 200 sma cross is dead cross which I believe is the reversal point in any trending pair.By the opening of this week or in 2 days I expect a sharp decline in gbp against all pairs especially usd.

Gbpusd has a triangle in daily chart and the channel will be broken with a move below 1.5520.Then...
  • #7,452
  • Jun 3, 2012 9:05pm Jun 3, 2012 9:05pm
Quoting okanemici
Anyone catch this baby ?
Hi Okan,

Yup, you told us all.

Thanks for the sharing.

I love the time tested way in trading with MAs especially my favourite 50 and 200. I am sure that the recent weeks worked out well for many trend traders. Synergy Advance traders must be smiling all the way to the bank.

That’s wonderful great way to close the week and month. Five full trending weeks in month of May this may turn out to be the best month of this year. Let’s see what June will be like with some major economic and political events unfolding. I prepare myself for some choppy weeks ahead, but will be looking to the August month.

Good Trading my friend.

Anyway, USDCAD hit the roof! and EURAUD still looking good.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,453
  • Edited 5:13am Jun 4, 2012 4:14am | Edited 5:13am
I want to say thank you all of you.
especially X-man and Phx62.
I am still reading old posts and start backtest since few days ago.
but i saw really useful things of your method and trading philosophy.
I will keep learning ,Thank you!
  • #7,454
  • Jun 4, 2012 4:29am Jun 4, 2012 4:29am
Is this a potential S3 4H setup?
when -
PA bounce off H4 channel.
TDI re-enter BB?
TDI PL cross TSL?
Attached Image (click to enlarge)
Click to Enlarge Name: euraud week 23 h4 gmt1022.jpg Size: 165 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,455
  • Jun 4, 2012 5:58am Jun 4, 2012 5:58am
Yes, looks good mate although my channel looks slightly different to yours....looks like it might be low risk trade too if the price keeps heading down for the next 2 hours!
J




Quoting emmanuel7788
Is this a potential S3 4H setup?
when -
PA bounce off H4 channel.
TDI re-enter BB?
TDI PL cross TSL?
Attached Image (click to enlarge)
Click to Enlarge Name: euraud s3 setup h4.jpg Size: 155 KB
  • #7,456
  • Jun 4, 2012 8:11am Jun 4, 2012 8:11am
No trade entry for me. Need to see what going on on the higher TF.

Wait and see how the US session will play out today.

I see USD weakening against the majors especially AUDUSD, NZDUSD, USDCAD, and also the JPY weaken.

Trade Safe!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,457
  • Jun 4, 2012 7:46pm Jun 4, 2012 7:46pm
Quoting emmanuel7788
No trade entry for me. Need to see what going on on the higher TF.

Wait and see how the US session will play out today.

I see USD weakening against the majors especially AUDUSD, NZDUSD, USDCAD, and also the JPY weaken.

Trade Safe!
well, it looks like this pair has started to go sideway.
Also noting that the 4H SHI channel has been redrawn with the new high during the US session.
D and W both look rather bullish and I will wait and see if there is a strong bearish setup before I take a plunge into selling this pair.

After such strong moves in the past weeks, I want to be more careful when to pick reversal trade setups. Consoildation period is quite normal after huge moves so better be prepared.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,458
  • Jun 5, 2012 11:46pm Jun 5, 2012 11:46pm
Yup, i can see from my 1hr charts EU is looking sideways also, finally today london market is opening, and ahead of eu rates news, i am pretty excited how things will turn out to be, i have draw lines on my chart now waiting for london to open
  • #7,459
  • Jun 5, 2012 11:53pm Jun 5, 2012 11:53pm
Quoting okanemici
Hi ,

As gbp is a highly manipulated currency it hides its moves and behaves differently but we caught it this time You can see how big boys is hiding the drop with the 10 200 sma crosses, normally in an other currency this 10 200 crosses happen suddenly but in gbp crosses no way ! They made people asleep , they dumped the latest gbp positions to the retailers and now waiting for the big push down, might happen today or tomorrow but for sure it is gonna happen like a thunderbolt with the 50 200 sma cross down.
The best candidate to make it...
hi oaknemici,
what's that tdi indicator in the top right corner of your chart? can you share it?
  • #7,460
  • Jun 6, 2012 12:20am Jun 6, 2012 12:20am
Hi S3 traders,

It has been relatively quiet with this thread in recent days. Hope everyone is trading well and making the pips.

Just to follow up from my last post #7451. I was looking at a possible correction after 5 weeks down-trending move.
There was a bounce off the SHI D channel last week with a strong push above the EMA4. But this SHI D channel has been re-drawn this week, very much steeper but I will watch the PA arund the RN levels.
1.2400 is an interesting historical level to watch.

Although PA on D is still below the TDI 32 level, it can continue to trade below 32 for some time. I do not expect to see a reversal until I see strong PA for a move up. Until then, I am still bearish bias when I trade above H4 TF.

The overall market is IMO ‘depressed’ and with the Greece elections looming, Spanish banks problems, RBA cut rate yesterday and recent poor China data showing slowdown, market is facing uncertainty.
EUR is still seen as the weaker ccy now.

Question is will market return to safe haven currencies like USD and JPP in the coming weeks?
Chinese CNY can now be traded directly with JPY, how will this impact the JPY demand?

I will prefer short term swing trading to long on USD and JPY. Intraday on H1/M15 TF can also be lucrative to catch the intraday corrections. Asian markets session tend to be reactive to overnight US markets sentiments but can yield some good trades. I see catching 20~30pips quick moves are good opportunities on lower TF by following closely the PA with TDI and APB as guide. Just don’t be ambitious or greedy for large target pips. Position sizing is part of the winning strategy to adopt.

In swing trading, I am a conservative trader and I never try and pick tops and bottoms. I use the SSMA5 PAC and PA for my entries. I prefer to think of average pricing for trade entries and build up positions gradually and not trading with single entry and single exit/or multiple exits. Multiple entries and multiple exits has some advantages for short term trading but this a matter of personal preference and strategy in money management as part of your business and trading plan.

There are always trading oportunities but one has to work hard for the profits. It may look simple like many trading methods and systems are made to look. But it is never easy as many would believe. It takes time to learn and master trading. Be patient and work on yourself as there is a trader in you.

Good Trading!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD Week 22 D1 30 May 30-5-2012 7-47-42 PM.png Size: 57 KB
Click to Enlarge Name: EURUSD Week 23 D1 6 Jun 6-6-2012 7-37-33 AM.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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