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Trading Made Simple

  • #25,641
  • Edited 6:16pm Sep 30, 2013 6:04pm | Edited 6:16pm
Quoting dezzy
do you guys trade right when the TDI crosses each other even without that specific bar closing, or do you trade only when the bar has closed and a new bar opens?
Hi Dezzy,

I suggest you download the PDFs on BigE's posts as well as check out the PDF on post # 24,104/23,205/23,082. Once you start getting the hang of PASR you will see that TDI is used for confirmation and you can get into the market (sometimes ;-) )before there is a TDI Cross.

Looks like Emmanuel got to this one before me :-)
  • #25,642
  • Sep 30, 2013 6:05pm Sep 30, 2013 6:05pm
Quoting nunrgguy
{quote} For a short it was crazy late and straight into something: {image} {image}
Nunru,

Where is your TDI/Candlesticks?
  • #25,643
  • Sep 30, 2013 6:07pm Sep 30, 2013 6:07pm
Quoting davson90
hello guys i have some litlle problem , im confuse today i loss in Gu , tell me if it good enter , http://clip2net.com/s/5R92Fm
did you see a price action bearish reversal setup?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,644
  • Sep 30, 2013 6:11pm Sep 30, 2013 6:11pm
Quoting gsbharaj
ok giving it a shot again.. open long at the cross of the TDI {image}
gsbharaj,

A lot of kind folk here on FF have posted a lot of replies to your questions to help you begin your journey into trading.

I suggest you write down what they have said in response to your replies and see the guidance that they have given you and take a long hard look at the way you have been trading - have you been paying attention to there advice?

Also may I make a suggestion - learn on higher Timefram charts (i.e. 4H & Daily) don't trade 1H until you are successfully mastering TMS in a unconscious competent way with PASR.

My second suggestion would be to design a trading system and not a trading strategy. do you know the difference...if not see post number 23,294 (i believe i may have made this suggestion to you before)

Good Luck,


Erol
  • #25,645
  • Edited 11:08pm Sep 30, 2013 8:09pm | Edited 11:08pm
Just picking on davson90' GU trade using H1.

His entry candle was tempting when I look at the H4 close, but it would take more than one candle to reverse the primary Trend.
But if you are a day trader or scalper, and scalping every TDI cross, you must pay more attention to price levels where the last time buyers and sellers agreed.
Always buy or sell into open space ....

Attached Image (click to enlarge)
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Today may be there is opportunity when PA is at BRN 1.6200.
What do you see on H4 chart? If you want to be seller, then H4 is the earliest timeframe you will see a potential setup. But there will still be risks and we as traders need to take action and mitigate those risks.
Be warned! Both the price trend and the TDI trend is UP. But there is a wide wave correction possible.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,646
  • Sep 30, 2013 10:18pm Sep 30, 2013 10:18pm
GU D chart view:

Breakout of the last MC but there is Hist S&R 1.6250.... now we watch closely the PA.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,647
  • Oct 1, 2013 12:05am Oct 1, 2013 12:05am
Here is EU on my watchlist:

Attached Image (click to enlarge)
Click to Enlarge Name: EU week 40 1 Oct H4 Master Candle 1-10-2013 1-01-23 PM.png Size: 31 KB


Let TMS lead the way.

Potential seen in D and W1 views too.

Have you done your Plan A?

If you have, then do a Plan B.

Trade Week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,648
  • Oct 1, 2013 1:54am Oct 1, 2013 1:54am
US Govt shutdown looms .... sell USD.
Is that what you think? think again.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,649
  • Edited 3:46am Oct 1, 2013 3:11am | Edited 3:46am
Quoting Erol
{quote} Nunru, Where is your TDI/Candlesticks?

I'm showing you the underlying PA without: it was completely the wrong time and place to short. If you're going to trade TDI don't trade it blind. All it is at its heart is a momentum indicator, you need to know where and why that momentum is occuring otherwise you'll be going long into resistance and short into support a LOT, because that's what the market does. If you don't know how to trade a line chart, no fancy indicator is going to help you.

If you're trading on the shorter TF you need to be aware of s/r on the higher t/f. The M5/H1 apparent move was countertrend and into an H4 'something', you need to be very wary of that 'something'. And H4 'somethings' are a bit 'variable'
There can be no short worth holding until longs have lost, there can be no long worth holding until shorts have lost.

If you don't know who is losing it is you that is losing.
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  • #25,650
  • Oct 1, 2013 3:39am Oct 1, 2013 3:39am
biggest moves occur while im asleap but i didnt miss this one. AUDNZD not sure where itll take me tho. Please take a look and see if you can guess a target fo me lol.

Edit: I took the trade based on divergence on Daily and the very similar divergence on H4 & H1 charts (on different occasions). It was screaming "buy".

Attached Image (click to enlarge)
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EDIT2:
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  • #25,651
  • Oct 1, 2013 5:05am Oct 1, 2013 5:05am
Quoting kwonkicker
biggest moves occur while im asleap but i didnt miss this one. AUDNZD not sure where itll take me tho. Please take a look and see if you can guess a target fo me lol. Edit: I took the trade based on divergence on Daily and the very similar divergence on H4 & H1 charts (on different occasions). It was screaming "buy". {image} EDIT2: {image}
Very good trade.

Looks like you know the game with 20-60 and 40-80 levels.

keep it up consistently.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,652
  • Oct 1, 2013 5:09am Oct 1, 2013 5:09am
Quoting nunrgguy
{quote} I'm showing you the underlying PA without: it was completely the wrong time and place to short. If you're going to trade TDI don't trade it blind. All it is at its heart is a momentum indicator, you need to know where and why that momentum is occuring otherwise you'll be going long into resistance and short into support a LOT, because that's what the market does. If you don't know how to trade a line chart, no fancy indicator is going to help you. If you're trading on the shorter TF you need to be aware of s/r on the higher t/f. The M5/H1...
Impressive words with logic. I LIKE!

What the price Line Chart does not tell you is also 'something' which can be so big and you won't know what hit you sometimes.


Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,653
  • Oct 1, 2013 5:15am Oct 1, 2013 5:15am
Quoting emmanuel7788
Here is EU on my watchlist: {image} Let TMS lead the way. Potential seen in D and W1 views too. Have you done your Plan A? If you have, then do a Plan B. Trade Week.

TMS folks,

Tell me, who chase after that H4 candle.

Did you missed what I said about Wide Range Bar WRB?

If you were not in the market before that H4 breakout bar, you already missed the early entry.
Attached Image (click to enlarge)
Click to Enlarge Name: EU week 40 1 Oct H4 Master Candle 1-10-2013 1-01-23 PM.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,654
  • Edited 5:52am Oct 1, 2013 5:42am | Edited 5:52am
Quoting emmanuel7788
{quote} TMS folks, Tell me, who chase after that H4 candle. Did you missed what I said about Wide Range Bar WRB? If you were not in the market before that H4 breakout bar, you already missed the early entry. {image}
Due to broker's server time difference, mine looks slightly different...

Attached Image
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #25,655
  • Edited 8:07am Oct 1, 2013 6:31am | Edited 8:07am
Took this trade with AUD/NZD last night. I opened a Buy Stop just above the support area so while i slept so if it hit i would be in the trade. Saw divergence on the TDI and PA was showing indecision at this level. Hit my T/P +59 Pips.

http://imageshack.com/a/img541/9127/frf.pngUploaded with ImageShack.com
  • #25,656
  • Oct 1, 2013 8:12am Oct 1, 2013 8:12am
GU H1 calling ... NYO+1hr now.


Do you see the setup?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,657
  • Oct 1, 2013 8:42am Oct 1, 2013 8:42am
Anybody took Gold? I was in hesitant a bit and missed it. Also Sive made a good analysis on Gold today.

Inserted Video
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #25,658
  • Oct 1, 2013 8:49am Oct 1, 2013 8:49am
Quoting emmanuel7788
GU H1 calling ... NYO+1hr now. Do you see the setup?
After NYO double top in H1, on my broker break of H4 IB, Also top of ABC pattern on H1, I already went short on the M15 with tight SL
Attached Image (click to enlarge)
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  • #25,659
  • Oct 1, 2013 10:49am Oct 1, 2013 10:49am
hii , today took EJ and blown my account open before sell , and NY when TDI cross opened buy but not up , can you explain me ? i m very confuse http://clip2net.com/s/5RC3du
  • #25,660
  • Oct 1, 2013 10:57am Oct 1, 2013 10:57am
Quoting Pipsmurfer
{quote} After NYO double top in H1, on my broker break of H4 IB, Also top of ABC pattern on H1, I already went short on the M15 with tight SL {image}
HI traders, I am a newbie from the UK, I have been trading for two and a half years with only minimal success, I came across the Trading made Simple thread and I am so glad I did, I am working my way through this wonderful thread and I would like to thank all the very capable Traders here who are so generous with their time and tolerance educating relative new traders the pathway towards becoming successful, I will contribute the same as I gain competence, a long way to go yet! ha ha, Pipsmurfer - Thank you for your efforts posting your chart including the detail of your thought process, you explained it so well, I believe this is so helpful, once again thank you
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