Trading Made Simple

TDI hook is a good reason to exit, APB changing color works too in case of a force majeure direction shift. If you are using guppys, the LT group beginning to compress is also a very good signal that the trend is coming to an end. A 10 MA being crossed is one of my warning signals... There are many ways you can do it.
Bolinger Bands could be indicative of a trend shift or a continuation, so you have to be careful...

Exits are tricky as hell... Target could be double your risk, based on ATR or a strong confluence of S/R levels.

Hi Kkheap - exits are tricky. My preferred method is a HA candle colour change combined with a candle close below something like 10 or 13 EMA on something like a half-hour or hour timeframe. This gives the trade a little breathing space in case it's only a minor pullback in a continuing trend. Support and resistance areas are important but even when reached I'd still wait for a confirming signal from your chosen method as sometimes PA sails right through S/R giving you lots more pips. Confirming signal might be the TDI, HA candles colour change, close below a moving average, break of trendline or trailing stop. There are many ways to skin a cat that all achieve the same objective at pretty much the same point, it's just what works for you and what you feel comfortable with. Regarding price touching Bollinger bands I wouldn't use that as an exit as it can often signify a breakout or change of trend. In fact there are systems on the market that only give a buy or sell signal when the price breaks above or below Bbands.

Anyone have this trouble when tradeing on the 4 hour charts? Of something been caught in no mans land between SL and Breakeven with TDI line not doing much?

well this is a trade which is in progress on eurjpy. i am going with the trend. the pair is making higher highs and higher lows at the moment..

gsbharaj,

I would not open a long trade right now on eur/jpy. 133.95x is a major supply level combined with the fact TDI is in overbought territory. I would wait for a retracement back down to a demand level currently sitting around 133.40x level.

just grabbed 13 pips. trade closed......

I attached my chart with some simple reasons why I wouldn't take a long on eur/jpy now besides the overbought TDI.

If you look at the supply origin, see show it "Exploded" down some 100+ pips? supply exceed demand "more sellers than buyers" so it fell like a rock.

Price came back and tested this supply level, which was expected by me. Orders were still grouped up there, price fell again back to demand.

Price went right back up to the level for a 2nd time. Price declined again.

We are now on the 3rd and I expect to be final test before we blow through the level once all the orders are cleared.

Hope I explained it well.

Hello Snarlyjack & other tdi-pro's here,

I've allready read about the first 3.000s posts, so not all at least, even not many of the latest ones. So I apologize if this question was answered in the past.

I try to follow this system on H4 since 2 weeks actively on a demo-account and now I'm struggling a little while trading the system in realtime. Why?

As others I was looking on the past chart to learn and identify the entry and exit opportunities. But they do not show the same picture that I have in the realtime trading. On the change to a new candle the older candle gets a new TDI-value - the realtime TDI-value. This is a light issue of repainting - not a classic repainting - because the value is calculated on the opening of the candle and does not refresh until the last close of this candle (on H4 4 hours) respectively the opening of a new candle.

Is that behaviour willingly (and thus important) part of the systems rules?

eelfranz set the rule only to open a position on candle #1 or #2 in connection with tdi crossing on the opening of the candle.
On other posts he told he exits immediately when TDI (RSI) gets flat.
⇒ But if about 4 hours there is no adaption of the tdi-values to the realtime values - should we wait the whole time. Is that part of the rule?

Thinking about what could happen in these 4 hours i.e. on news-time...

Or do you all set up on the realtime-indicator TDI_RT, posted later on in the thread - but I don't think so?

So as system-newbee (but not forex or mt4-newbee) you see I am a little confused about these contradictory statements.
Perhaps I did not find the correct interpretation up to now...

As an example look at the attachment: I've marked the TDI-value, where it was in realtime (6 hours ago, directly in line between the two orchid lines) on opening of 2nd last candle .

Thanks for your help and enlightenment.

+30 pips Nzdusd not bad thanks phx62

Nice job davson!!!!!

thanks a lot phx62 i follow you hehhehe

I must say, i'm bored to death with the Asian session, as with others on here i can only trade in the evenings after work, so of course the Asian session is my only option while i'm awake. I'm contemplating whether i need to just wake up at london open at 2am my time and check for trades. I see posts here where everyone trades the best moves during the London or US session and i miss out on so many pips. Also during the Asian session, there hardly ever is a good solid setup on the 4H chart. Sorry for the rant, i just had to put that out there.

FxFox,

Welcome to tms!

Congrats on reading the first 3000 posts!

First of all you have to get control of your emotions. You can't freak out if your down 20 pips.
It happens to me all the time. I think if you read the pdf file from Compass Fx about the
guppy system this will help you.

The tdi indicator is used for "confirmation". Personally, I look at the guppys to find a good trend.
Then I look at synergy apb to see price action, then I look at the tdi. But I also look at the round
numbers & bollinger bands. In short I look at everything on the chart. I trade the 1 hour chart, however,
I also look at the 4 hour & daily chart to see what the long term trend is.

I use the tdi real time indicator. On your posted chart (4 hour chart) I would also look at the daily chart
very closely. The best trades are when the 4 hour & daily charts are in synk with one another. Once
they are in synk I would look at the guppy's for a good entry. But like I said I look at everything.
I like to trade with the trend and let it run for 4 hours on the 4 hour chart. Realize that price will
run up & down the price candle.

I suggest that you go back to demo and really get the system down. Read the
Compass fx pdf and the last 10 pages of tms very closely. Get everything dialed in...before you go live.

I hope I answered all your questions? If I didn't answer all your questions, please repost them...

Once again welcome to tms

sj

Agk007,

Sounds exactly like the problem that I was having.

I ended up going with the daily and 4 hour charts.

Find your trend. Place your trade & set a good emergency stop.

Demo trade this way for awhile and see how it works for you. You
need to get into a routine with your trading. London market is best.
Read the last 10 pages of this thread and really get it down...

sj

Agree agree.. we need to strengthen our hearts to get where we want to go

Check out this video...

I took trades on EJ and GJ yesterday night in the middle of the US session, i was kinda cautious because of the timing

Reasons for Entry:
1. PA shows Momentum
2. Guppy was opening
3. TDI crossed

I was checking consistently for PA for reversal as the entry was kinda late.

I manually closed on GJ and EJ. Lost abit on EJ but manage to cover with GJ

Do share with me your thoughts.

GJ-H1-Closed with profit


EJ-H1-Manual Closed with min loss

Hey Ryanlum,

Thanks, that was good, I enjoyed it

Thanks for all your help...

snarlyjack

Check out this one...

London is calling you.

I loved this song when it came out, but it was cheaply done and overcrowded with"junk" laying on the table so they could fill up the scenery without hjaving to pay other actors. (It seems that way.) But...I could almost remember seeing a better video of this song where it was done on a train like it was supposed to be done...and you never get to see the gamblers face. Maybe it was my 20 yr old imagination "picturing" that when they played the song. A classic! And as an ex poker player AND poker dealer, I will tell you 1 huge advantage each game has over the others.

1-Yes, you CAN get a huge advantage over another player if you pick up his "tells" (mannerisms)
2-The weakness of poker and why its often a stupid game is unlike Forex, you cannot ever bet as much as you want. Never. The most you can ever bet is what the guy has in front of him and thats if your lucky to be playing no limit, otherwise its just a dollar or 2 or 5 or 10 or whatever the limit is. Poker is a grinders game.

The similarity is that nowadays you have 23 yr old kids winning championship poker tournaments because they ran lucky at the right time for a year, and they figure..."If I can win for a year, it cant be luck!" And its the same thing in Forex, you get a guy that makes an EA or some kind of software that nets him 300% on his money one year and next year he's selling the darn thing ion the Internet for $999 as a "Professional Forex Course.

The truth is in Forex as in Poker, you have to be lucky. You think the guy who ran the whole Forex room at Barings bank and blew up not only the Forex dept but the whole bank had a pretty bad few days back to back. And he couldn't have been less than brilliant for Barings to trust him with Billions of dollars.