i see. thanks.
- Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
Money is made by sitting, not trading. Jesse L. Livermore
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Disliked{quote} Your pic is too complicated and its taking me too long to figure out which line is TDI. So first you have to follow the directions and get rid of some of those lines. Next you have too much crap on your chart which you also have to clean up. But as mentioned above, stop-loss gets input when TDI line touches or crosses 50(check post #1 for which TDI line) Yup what Wizard said.Ignored
Dislikedbest to see what Aandaleb thinks but i don't think the first because its in an uptrend so wait til TDI is above 68 line i dont think 2nd because the TDI was going up making a double top i think yes on the 3rd im also learning this system is that right Aandaleb?Ignored
DislikedFrom what I read and understood, for short trades it is better to wait for TDI to go above 68 and wait for it to hook downward once it breaks the 68 level downward and stochastics crosses TDI then you take the trade on the close of the candle that does that. For long trades you do the opposite and replace the 68 by 32.Ignored
Disliked{quote} Thx The Wizard, I understand that, but its also mentioned that sometimes TDI fails to reach 68.. so when to go short? what signs are there? ThxIgnored
Disliked{quote} ok. I think this is advanced trading ( if you dont want to wait for TDI to break 68 level). If I were you I would personaly stick to the original and easy trades wait until TDI breaks the 68 and hooks downward, then you wait for the stochastics to cross the TDI under the 68 level then you enter the trade. If you think that TDI will not reach the 68 level then you can enter once Stochastics crosses the TDI downward.Ignored