My updated Eur/usd chart. Price is still in a consolidation and forming an ascending triangle.
Attached Image (click to enlarge)
- #20,463
- Edited 8:51am Jun 11, 2013 8:00am | Edited 8:51am
Three great opportunities to trade today....
EU H1....price ran down after entry for less than 1 hour and 20 minutes.....missed my TP by 3 pips....manually closed for 178 pips. Trade was taken on a break below the 200 EMA on the 2nd candle after LO and a bounce of the TDI. TDI green and red were both below the 50 line and the yellow was also pointing down. Price moved relatively quickly with little retracement so I adjusted my TP 3 times to 200 pips which almost got hit.
AU H1......pullback bar toward the end of the NY session.....consolidation for 3 candles then a break below the low.....entered for +50. 2nd trade was a continuation trade from the Asian session....again entered on a break of the low for 50 more.....sharp angle on the TDI green and red confirmed entries.
EU H1....price ran down after entry for less than 1 hour and 20 minutes.....missed my TP by 3 pips....manually closed for 178 pips. Trade was taken on a break below the 200 EMA on the 2nd candle after LO and a bounce of the TDI. TDI green and red were both below the 50 line and the yellow was also pointing down. Price moved relatively quickly with little retracement so I adjusted my TP 3 times to 200 pips which almost got hit.
AU H1......pullback bar toward the end of the NY session.....consolidation for 3 candles then a break below the low.....entered for +50. 2nd trade was a continuation trade from the Asian session....again entered on a break of the low for 50 more.....sharp angle on the TDI green and red confirmed entries.
- #20,466
- Jun 11, 2013 8:33am Jun 11, 2013 8:33am
Three great opportunities to trade today.... EU H1....price ran down after entry for less than 1 hour and 20 minutes.....missed my TP by 3 pips....manually closed for 178 pips. Trade was taken on a break below the 200 EMA on the 2nd candle after LO and a bounce of the TDI. TDI green and red were both below the 50 line and the yellow was also pointing down. Price moved relatively quickly with little retracement so I adjusted my TP 3 times to 200 pips which almost got hit. AU H1......pullback bar toward the end of the NY session.....consolidation...
I love all your post!
Thanks for your big support
hi guys,
I've read 20 pages in on this thread and got a fair idea on how the system works. I was wondering, does eelfranz still post? and does everyone still use this system as it was stated 20 or so pages in the thread? has anything changed? I will still read through the thread but 1000 could take some time lol. Thanks in advance.
regards,
Mightyfine.
I've read 20 pages in on this thread and got a fair idea on how the system works. I was wondering, does eelfranz still post? and does everyone still use this system as it was stated 20 or so pages in the thread? has anything changed? I will still read through the thread but 1000 could take some time lol. Thanks in advance.
regards,
Mightyfine.
- #20,470
- Jun 11, 2013 9:02am Jun 11, 2013 9:02am
- Joined Jul 2012 | Status: Trader | 1,007 Posts | Online Now
- #20,472
- Edited 10:50am Jun 11, 2013 9:55am | Edited 10:50am
I am wondering about the TDI, I know that the Green TDI crossover Red TDI is when we enter at the start of the new candle, the steeper the better.
But do the Red TDI have to steep with the same direction as well ???
when i looking at the EURUSD below, just didn''t get when will the PA move. see the RED TDI is flat and GREEN TDI crossover again and again after LO open.
@@ SO confuse
http://www5.picturepush.com/photo/a/...g/13295453.jpg
But do the Red TDI have to steep with the same direction as well ???
when i looking at the EURUSD below, just didn''t get when will the PA move. see the RED TDI is flat and GREEN TDI crossover again and again after LO open.
@@ SO confuse
http://www5.picturepush.com/photo/a/...g/13295453.jpg 
- #20,474
- Jun 11, 2013 10:45am Jun 11, 2013 10:45am
- Joined Jul 2012 | Status: Trader | 1,007 Posts | Online Now
- #20,476
- Jun 11, 2013 11:52am Jun 11, 2013 11:52am
hi guys, I've read 20 pages in on this thread and got a fair idea on how the system works. I was wondering, does eelfranz still post? and does everyone still use this system as it was stated 20 or so pages in the thread? has anything changed? I will still read through the thread but 1000 could take some time lol. Thanks in advance.
I'm sorry to say eelfranz had passed away. The system in its nutshell is still the same. however some members added some tidbit here and there to help increase the winning rate or to determine how much profit to take etc etc etc.
That said, you should still re read the whole 1000+ pages though, it will help you understand the system much better. also if you look at the attachment section of this forum, you will find some pdfs such as Best of BigE, dcginc post, Phx62 study, that i find really helpful.
Daniel
- #20,478
- Jun 11, 2013 12:02pm Jun 11, 2013 12:02pm
I am wondering about the TDI, I know that the Green TDI crossover Red TDI is when we enter at the start of the new candle, the steeper the better. But do the Red TDI have to steep with the same direction as well ??? when i looking at the EURUSD below, just didn''t get when will the PA move. see the RED TDI is flat and GREEN TDI crossover again and again after LO open. @@ SO confuse
Hope that helps
Daniel
