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  • #9,101
  • Nov 5, 2012 5:46am Nov 5, 2012 5:46am
Quoting dee50
No apology necessary. Some one "should" have objected.!!! I was actually expecting it.
You are a gent , good luck !!
  • #9,102
  • Nov 5, 2012 7:24am Nov 5, 2012 7:24am
Nothing to do with this method. Just to show that when you are ready, you can pull pips out of any market. The key is do not be greedy and find the flow. +45 and I am done.
Attached Image (click to enlarge)
Click to Enlarge Name: 5 11 45pip.png Size: 87 KB
Cut your Losers short and let your Winners run.
  • #9,103
  • Nov 5, 2012 7:38am Nov 5, 2012 7:38am
Quoting dee50
Nothing to do with this method. Just to show that when you are ready, you can pull pips out of any market. The key is do not be greedy and find the flow. +45 and I am done.
I still can't catch up with your strategy base on the image.
  • #9,104
  • Nov 5, 2012 7:41am Nov 5, 2012 7:41am
Quoting munirpt
Hi PHX, Dee, Vantage, smarco and other traders

Do you trade other currency pairs, like the other majors (AU, GU, EJ, GJ, UC, NU)?
The same principles that we apply to EU with this system work perfectly well on other pairs?

Or do you think we need to somehow adapt our way of trading depending on the currency personality?

Definitely we would need to adapt the TP and SL due to the different volatility and ADR of each pair...

Would like to hear your thoughts about this issue.

Munir
Once you have some trading basics you can apply any method, to any pair on any time frame. You just have to do some back tests on the pair/time frame to see what likely stops etc etc needed.

We now focus on eur and gu only as they go well most of the time. I cannot help looking at ej now and again just out of interest. When we were trading jpy we were very, very careful going CT. I must say the simple add of 32lwma on 1hr even for ej seems to work well.
  • #9,105
  • Nov 5, 2012 8:21am Nov 5, 2012 8:21am
Quoting dxchen
I still can't catch up with your strategy base on the image.
I have marked the 4 trades on a 1 min chart. Might make it more visible for you. This is not a scalping thread so I am not going to teach this here, or anywhere else for that matter.

But, I use a 3 pip stop and 10 pip target set automatically as I enter the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: +45.png Size: 93 KB
Cut your Losers short and let your Winners run.
  • #9,106
  • Nov 6, 2012 5:13am Nov 6, 2012 5:13am
Quoting dee50
The TDI has worked for Years with these settings, all that has changed,sometimes, is the look.
Hi Dee,

If I understood well from your post I can use the 4H template from post 5118 on H1 timeframe without any indis value changes.YES? Anyway I've deployed them and I have a working template(hope is the last version)
I'm new to this method and I would like to give it a try but there are 9000 posts here and I don't know from where to begin. I read the documentation from 1st post, S3 E-U method.pdf but I still didn't fully understand what X-Man meant when saying "When theres a cross or bounce on TDI when theres a crossing at 12 to 2 o’clock for long, crossing at 6 to 4 O'clock for short". Is he speaking in Army language like 12 oclock means straight ahead?

If you could brifly explain the method(also good for the other newcommers) it will be very much apreciated. Meanwhile I will continue to read the last 200-300 posts.

Thanks
  • #9,107
  • Nov 6, 2012 6:32am Nov 6, 2012 6:32am
Quoting gigicualex
Hi Dee,

but I still didn't fully understand what X-Man meant when saying "When theres a cross or bounce on TDI when theres a crossing at 12 to 2 o’clock for long, crossing at 6 to 4 O'clock for short". Is he speaking in Army language like 12 oclock means straight ahead?
http://www.forexfactory.com/attachme...%202012%209:18

http://www.forexfactory.com/attachme...202012%2011:19

http://www.forexfactory.com/attachme...202012%2017:07

Download these and read, they should answer your questions. Donīt bother reading the thread posts, they will just confuse you. The Trading Made Simple pdf is where it started, this is the backbone of all these copycat methods. Phx62 has been trading the TMS method for longer than anyone here, study his charts.
Cut your Losers short and let your Winners run.
  • #9,108
  • Nov 6, 2012 2:33pm Nov 6, 2012 2:33pm
Quoting dee50
http://www.forexfactory.com/attachme...%202012%209:18

http://www.forexfactory.com/attachme...202012%2011:19

http://www.forexfactory.com/attachme...202012%2017:07

Download these and read, they should answer your questions. Donīt bother reading the thread posts, they will just confuse you. The Trading Made Simple pdf is where it started, this is the backbone of all these copycat methods. Phx62 has...

Hi dee50,

I'm new here and want to thank you for posting these links, as I have been struggling through the thread for last week.

Is it ok for a newbie to ask questions here or do you more experienced guys prefer to post as you see fit and keep the thread clean ?
  • #9,109
  • Nov 6, 2012 10:45pm Nov 6, 2012 10:45pm
Just completed a nice Asian session trade.....just happened to be at my computer and saw a cross of the TDI.....intended to scalp 15 or 20 pips....actually ended the trade on a pullback from the H1 200EMA.
Done for the day....time for some sleep.
Attached Image (click to enlarge)
Click to Enlarge Name: 2012.11.6 eu m15 asian.gif Size: 40 KB
  • #9,110
  • Nov 7, 2012 1:47am Nov 7, 2012 1:47am
Quoting Phx62
Just completed a nice Asian session trade.....just happened to be at my computer and saw a cross of the TDI.....intended to scalp 15 or 20 pips....actually ended the trade on a pullback from the H1 200EMA.
Done for the day....time for some sleep.
Very nice. Insomnia is not normally known to be a profitable condition, medically speaking, but perhaps we should get it added to the list of symptoms!
Cut your Losers short and let your Winners run.
  • #9,111
  • Nov 7, 2012 1:49am Nov 7, 2012 1:49am
Quoting lounge14
Hi dee50,

I'm new here and want to thank you for posting these links, as I have been struggling through the thread for last week.

Is it ok for a newbie to ask questions here or do you more experienced guys prefer to post as you see fit and keep the thread clean ?
Sensible questions are fine, but not ones that have allready been answered many times and can be found in the attachments section or via a search.
Cut your Losers short and let your Winners run.
  • #9,112
  • Nov 7, 2012 4:33am Nov 7, 2012 4:33am
Quoting dee50
http://www.forexfactory.com/attachme...%202012%209:18

http://www.forexfactory.com/attachme...202012%2011:19

http://www.forexfactory.com/attachme...202012%2017:07

Download these and read, they should answer your questions. Donīt bother reading the thread posts, they will just confuse you. The Trading Made Simple pdf is where it started, this is the backbone of all these copycat methods. Phx62 has been trading...

Thank you so much Dee...really appreciated. I've almost finished reading the documentation; got asnwers to most of my questions. Now the best thing I can do is to start testing the strategy. I will post some charts from time to time with my results. Cheers
  • #9,113
  • Edited 8:50am Nov 7, 2012 5:54am | Edited 8:50am
3 trades for today, 1 was a really poor entry. So far +44 pips.

1st trade was a simple Breakout from the low of the asian session for +10

2nd trade was a botch up based on the hourly signal, if I had looked at the 15min stochs I would have seen that it was OS and a pullback was likely, so I closed for B/E.

3rd trade Pullback confirmation of the hourly signal. Pullback to the Support of the asian low. Small Pinbar. LH after LL. Reaction to the election has been so muted today that I took partial profit at +16 and moved stop to B/E took final profit at the 61.8% fibo, I would normally go for the 78.6%, but, +34 pips was acceptable.

Update: If only I had known Donīt you just hate "hindsight"
Attached Image (click to enlarge)
Click to Enlarge Name: 7 11 44pips.png Size: 92 KB
Cut your Losers short and let your Winners run.
  • #9,114
  • Nov 7, 2012 6:54am Nov 7, 2012 6:54am
Did someone mention "fiscal cliff". Volumes just went thru the roof. This was a major selling attack otherwise known as a "Panic Attack". This is why the world is F____D. 56,000 contracts traded in the last hour. Avg is about 10 -15,000

Do not forget that moves like this play havoc with your indicators.

Do not worry if you did not catch any or much of this move, nobody can forsee this sort of action.
Cut your Losers short and let your Winners run.
  • #9,115
  • Nov 7, 2012 7:58am Nov 7, 2012 7:58am
Hi guys

i haven't been trading because i was sick and couldn't trade.
Anyway, just wanted to show you today's signals and the profit you could have made if you have traded these signals.

good luck with your trading
Attached Image (click to enlarge)
Click to Enlarge Name: eutoday.jpg Size: 147 KB
  • #9,116
  • Nov 7, 2012 8:52am Nov 7, 2012 8:52am
Quoting munirpt
Hi guys

i haven't been trading because i was sick and couldn't trade.
Anyway, just wanted to show you today's signals and the profit you could have made if you have traded these signals.

good luck with your trading
Go on. Just rub it in
Cut your Losers short and let your Winners run.
  • #9,117
  • Nov 7, 2012 9:06am Nov 7, 2012 9:06am
Quoting dee50
Go on. Just rub it in
  • #9,118
  • Nov 7, 2012 9:18am Nov 7, 2012 9:18am
Could I have your opinion on the following order?
I just entered short on AUDUSD. From the attached 4H TF I could see a strong bearish trend, big red candle under the 4EMA (yellow line) also TDI cross (marked with blue).
I have a concern about this. If I switch on daily TF view the trend appears bullish and we have Support at 1.04115 (red line).
I would appreciate your comments
Attached Image (click to enlarge)
Click to Enlarge Name: pic.gif Size: 21 KB
  • #9,119
  • Nov 7, 2012 10:30am Nov 7, 2012 10:30am
Quoting gigicualex
Could I have your opinion on the following order?
Hey

Here is my chart on AU 4H.
I marked what would be the perfect entry for me. It seems that you entered a bit later.
At the moment if you have entered well you would have banked already 50 pips in profit.

Options :
1 - Close the trade at +50 pips profit
2 - Move SL to BE and let it run (or either trail the stop 5 pips behind previous candle)
3 - Close 50% of the position, move SL to BE and set TP2 as 100 pips profit

All options seems very positive to me.

Congratulations!
Attached Image (click to enlarge)
Click to Enlarge Name: AU4h.jpg Size: 114 KB
  • #9,120
  • Nov 7, 2012 10:33am Nov 7, 2012 10:33am
I was partially away again, so wasn't able to catch them all.

Still:

- DAX short. 1st entry yesterday night, second today during prime trading time (once for a change), 80 and 90 pip. I stupidly closed manually when hitting very old support line and on bounce from SMA100 on h1. Again to soon. Missed GBPUSD and EURUSD shorts today completely as I was away or didn't dare enter later on. Well, easy to judge now, I know. I traded this on SAXO account I have, and since there is not TDI I "cheat" by using RSI.
- EURUSD long for almost 2 days for 85 pips (hit preset TP to the pip; was prior bottom)

Total 245 pips in 3 trades. That's the good part. The bad one is, I should have closed 500-700 easily on stated 3 pairs only.

Anyway... I think they were nice trades, TDI helped a lot, some of you guys also provided at least spiritual help by up-keeping this (and some other) great threads. Thank you. Despite all I can only stress again and repeat after the great traders of this forum: price action is first, TDI is great confirmation.

BR
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DAX short.jpg Size: 87 KB
Click to Enlarge Name: eurusd long.gif Size: 51 KB
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