Trading Made Simple

Hey Emmanuel,

I do like the tdi watchdog better.

thanks

snarlyjack

Hey guys,

Last week was a good start for me. I was able to adjust my schedule according to the market hours and learn when to take trades according to the TDI alone. This week I will try to finalize a recording format for my trades and set up more selective criteria.

Any advice appreciated

I would also like to thank the thread members as well. In the past, whenever I had a trading system that I was interested in, I would browse over the mechanics and jump straight into trading the system and repeat the same trading behaviours.
If two trades go south, I get angry at the system, look at forexfactory for the next big thing and then pretty much ignore it. If one trade goes profitable, I get up from my chair and pace around the bedroom imagining in what manner Ill be strutting in a ferrari dealerhsip to buy my new car. This is the first time that I regularly posted results regardless of profitability. The feedback loop from other contributing memebers, both old and new have made me few "accountable" for my trades. If I fail to achieve consistent 200 lot trade sizes with this strategy, I am sure I will have learned one thing at least: consistency.

Hey Snarly:
I noticed on this chart that your Synergy candles look different then mine, some of yours have a combination of two colors on them. Is that just the way you set up the background or is that built into the indicator. If it's the indicator, would you mind posting what you use, still trying to match up my screens? Thanks again.

Jim

The market was doing the usual H4 dance with us yesterday. So we keep to the tune and follow the rhythm until the music change.
Listen to the market when it speaks we listen.

EA and GA week 11 H4 potential setups.
Look for aussie weakness....!

My GBPNZD trade:
SL 100pips
TP1 50pips, + BE trade.
TP2 150pips

This is a CT trade as the H4 trend is still bearish. Maybe intra-week correction.

Hey Emmanual,

Would you mind commenting on this...
The TDI has crossed down, however PA is still above the 10EMA. Do you see that occuring often, and in your experience do you wait strictly for the price pattern to change, or a close below the MA?...just curious as to how you approach this type of thing.

Cheers

W99

Wow Our TDI is different...

just think of it...
the TDI is based on the price of the last 13 price bars/candles.
this happen when price start to consolidates after the first TDI cross.
this happens when near 'supp/res' ... when buyers and sellers cannot decide.
When this happen, you kill that trade and wait again.

I love consoldiation because that will give us a potential breakout trade which is often explosive adn our initial SL will not be threatened and we can manage by moving trades to BE quicker and then sit back and relax, looom for other setups.

it is H4, so it can be different broker server time. I use GMT+000 server time.

or else ????

got to go now, will be back before frankie.

Thanks for your answers....

Trades Update.

EJ 80% tp 100pips.
EJ 20% retrace hit SL = BE+4.
UJ 80% tp 60pips. 20% Still running. Im considering holding for short. Entry at 96.385.

Because,
1. Weekly showing cross flat.. and in overbuy zones for few weeks.
2. Daily showing the crossover down. Though stoich remains red color.
3. Hr4 showing red colors bar.

But all this depends on London open and see how it's goes. Any suggestion ?

EJ H4 example - how to get a better price entry.

There are times when we missed the first HA entry candle and waited for the 2nd HA to close. But when 2nd HA close too far away, it is always better to look in the lower TF like H1 for a retracement to get a better enetry price. This will reduce your inital SL ( R) and a a better position size.

See chart.

GBPAUD 13 Mar update:

the last H4 close with TDI flat. No entry!
Wait and maybe regret later. LOL

Nope you did the right thing....How do I know ??...Cause I took the trade LOL....

It is so easy for me to find reasosns to CT. So many obstacles going with the trend . What do you think of this one?


USDCHF H4

http://img228.imageshack.us/img228/5...h420130313.jpg

Bar will close in 50m (11:00 CET, 10:00 GMT)

- with the trend
- pullback candle
- bounce off daily fib
- price divergence
- fake breakdown (correct me if I'm wrong please)

Hope green will cross red steeply.


Thanks in advance!
M.

Emmanual , Please give me your Stoch 8,3,3 indicator I have three but nothing match yours , and cant find it in paperclip on left of top of page Thanks

I use the standard one that comes with MT4 or any trading platform. I just changed the colour and thickness of the lines to ease eyes fatigue.