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Trading Made Simple

  • #27,641
  • Nov 19, 2013 12:46pm Nov 19, 2013 12:46pm
Quoting BataviaTrade
Baseline Hi fellow traders, I have a rather simple question (I think) concerning the baseline which is part of the TDI indi. Since my platform does not provide this indicator, I have to compose it by myself by pulling the components together. The RSI and Bollinger Bands are rather clear and simple to me to throw in, but then there is this Baseline. It seems to be a Moving Average type. My question is, if so, what type of MA, and more important, what period (setting) does it have?I can't figure this out. Thanks a bunch before, regards BT PS im talkin...
The yellow line is the ema 34 set to close
the cautious seldom err....C
  • #27,642
  • Nov 19, 2013 1:15pm Nov 19, 2013 1:15pm
Quoting longbk
{quote} Hello can you share your rsi number and bolinger band ?
RSI:

Input data: Last
Length: 13
Mov Av Length: 3
Type: Simple

BB:

Input data: RSI
Length: 10
Standard Deviations: 2
Type: Simple
  • #27,643
  • Nov 19, 2013 1:22pm Nov 19, 2013 1:22pm
Quoting pips29
{quote} The yellow line is the ema 34 set to close
Thanks so much! I think at last i got it right

http://uppix.com/f-noname2528bba4800149ae6.png
  • #27,644
  • Nov 19, 2013 2:14pm Nov 19, 2013 2:14pm
Quoting Helee
{quote} Hi Imi, Can you please post your month/week indi, please? Thx a lot
Here you go,
set count days to 30
Attached File(s)
File Type: ex4 ___Daily-Weekly-Monthly Hi-Low4.ex4   26 KB | 679 downloads
If you're going through hell, keep going. Winston Churchill
  • #27,645
  • Nov 19, 2013 3:52pm Nov 19, 2013 3:52pm
Quoting manoj_3986
{quote} My SL hit@ 135.20. Now thinking to focus on AUDUSD,EURUSD and GBPUSD pair to build confidence. Tomorrow, there is red event for gbp and hope to get good trade setup at 3.30 Pm(GMT+5.30)(4h candle close) after gdp and inflation report.
Hi Manoj,

In this business we will take some losses. This one the market set up some of us . That pin bar @ 134.72 on H4 was support indeed for intra week swing and now price broke the historical 135.10 and also this week's open very strong. This is why I say we must have a Plan A and Plan B for all chart condition when things turn the other way.
Now we see the primary trend back in action. This EJ pair is still a good pair to trade so we keep following the smaller price waves. Longer term position will remain buy only.

Today GBPUSD is on my radar. Current market type is wide range sideways more to the upside. The last two days movements inside the H4 PAC so potentially that will breakout. H4 TDI MBL is rising and price has not move much since Monday open. I see 1.6130 and 1.6165 above which can be possible targets.

Look at EURGBP too today with the UK news coming our today.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #27,646
  • Nov 19, 2013 3:55pm Nov 19, 2013 3:55pm
Quoting Imi
{quote} Here you go, set count days to 30 {file}

Thx a lot
  • #27,647
  • Nov 19, 2013 6:45pm Nov 19, 2013 6:45pm
Quoting emmanuel7788
{quote} Hi Lane, Sorry for this late reply. It's Friday night out here and now into the early of Saturday morning. Staying awake to see how London will close. Your are right about EJ and we are seeing the test of last month October' weeks high. Beyond Oct week 43 and week44 highs, there is no historical resistance until way back to 2009. Look at MN and we see upper wicks of 2009 MN candles. So we play the RN and BRN levels when price move higher. Abenomics is working and banks are confident and showing support of the Japanese economy recovery. After...
Attached Image (click to enlarge)
Click to Enlarge Name: EJ Monthly view.png Size: 36 KB


You recall this post/chart above.
This is where I see EJ may be heading so I build up two long positions this week.

Attached Image (click to enlarge)
Click to Enlarge Name: EJ week 47 pos trades.png Size: 20 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #27,648
  • Edited 2:21am Nov 20, 2013 2:08am | Edited 2:21am
hey guys.

Looking at PA today, I made a short entry on the EJ just now during frankfurt at 44 with a tp of 30 pips. My ideal target would be around 135.25 where there was resistance the past day or so. The reason I took the trade was a break of support formed during the asian session (also the daily low). THe support is shown much clearer on the m15 timeframe.
Looking back. Would you guys enter during the opening hours of the asian session? A small pullback formed alongside a large candle to make an inside bar formation. The following candle was a bear candle that broke a trendline established the past day. Tdi had crossed over from the 68 zone.

Any advice appreciated

edit*I have exited at 135.25(20 pips) as that is what i planned for. 30 pips was greed.
Attached Image (click to enlarge)
Click to Enlarge Name: nov 19 eur.jpy.h1 trade.png Size: 62 KB
  • #27,649
  • Nov 20, 2013 5:13am Nov 20, 2013 5:13am
Quoting tenmilewalk
hey guys. Looking at PA today, I made a short entry on the EJ just now during frankfurt at 44 with a tp of 30 pips. My ideal target would be around 135.25 where there was resistance the past day or so. The reason I took the trade was a break of support formed during the asian session (also the daily low). THe support is shown much clearer on the m15 timeframe. Looking back. Would you guys enter during the opening hours of the asian session? A small pullback formed alongside a large candle to make an inside bar formation. The following candle was...
Hi Tenmilewalk. I'm also short EJ but based on the 4H chart.I see divergence, nice cross below MBL As price broke the former resistance at 135.35 I opened the trade. I know its countertrend so I'm careful. up 15 pips right now. By the way, I myself don't trade Asian session.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.h4.png Size: 33 KB
  • #27,650
  • Nov 20, 2013 5:46am Nov 20, 2013 5:46am
Hey,

I took these 2 trades at open of the last CS.

EY was based on the red/green crossing over the MBL and going below the 50 line. Also think that price made a London high on previous CS. Price flirting with 135 mark now.

AY was based on red/green crossing MBL and going below 50. Also a double top on previous 2 CS, and possible London high form these 2 CS.

Will see how this CS closes for both trades, may exit if price fails to break 135 on EY or AY forms a double bottom .

Any suggestions as to why these are good/bad trades are much appreciated.

Paul
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audjpyh1.png Size: 51 KB
Click to Enlarge Name: eurjpyh1.png Size: 54 KB
  • #27,651
  • Nov 20, 2013 7:13am Nov 20, 2013 7:13am
Hi fellow traders. I don't know if anyone has come across this 'problem' with the TDI before or not. Basically, Big e's TDI which I downloaded from this thread and have been using differs from Dean Malone's TDI from compassfx. In particular Bid e's TDI is much flatter than Dean's and doesn't reach the same extremes. I've attached a couple of charts of the USD/JPY H1 to show what I mean. The first one without the bollinger is Big's TDI and the second chart with the bollinger is Dean's. On Dean's TDI the recent low touches 32 and the previous high goes over 68 reading. On Big e's TDI it goes nowhere these extremes. I don't understand why this should be as I haven't read that Big e changed the original TDI settings, only that he eliminated certain lines to create a 'cleaner' chart. I don't know if Emmanuel or anyone else has come across this before. In particular can anyone advise me which one I ought to be using as I'm now not sure. Many thanks guys.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdjpysbh1.png Size: 42 KB
Click to Enlarge Name: usdjpysbh1(2).png Size: 41 KB
  • #27,652
  • Nov 20, 2013 7:45am Nov 20, 2013 7:45am
Very interesting observation Tanglewood - now I have to figure out which tdi I downloaded. Somewhere in the recent past I believe the parameters and identification of the individual lines, ie. rsi, ma, etc. were listed but again is this what Big E used or were they Dean Malone's calculation?

Edit: I did notice the 'box' containing the 2 tdi s are different in size, is that part of the answer? I surely don't know.
  • #27,653
  • Nov 20, 2013 8:37am Nov 20, 2013 8:37am
Quoting piprac
Very interesting observation Tanglewood - now I have to figure out which tdi I downloaded. Somewhere in the recent past I believe the parameters and identification of the individual lines, ie. rsi, ma, etc. were listed but again is this what Big E used or were they Dean Malone's calculation? Edit: I did notice the 'box' containing the 2 tdi s are different in size, is that part of the answer? I surely don't know.
Yes piprac after I posted I noticed the TDI windows were a slightly different size. However, after reading your post I've just expanded Big e's TDI 'box' (which was the smaller) and although making it bigger makes the TDI 'slopes' slighter steeper it doesn't in anyway change the TDI high and low readings. In other words, the readings remain the same, changing the box size doesn't make Big e's TDI go down to 32 or up to 68 as on Dean's TDI. I must say I'm puzzled and I hope there is further comment as I'm sure this is something that will probably affect most people on this thread.
  • #27,654
  • Nov 20, 2013 8:52am Nov 20, 2013 8:52am
Quoting Tanglewood
Hi fellow traders. I don't know if anyone has come across this 'problem' with the TDI before or not. Basically, Big e's TDI which I downloaded from this thread and have been using differs from Dean Malone's TDI from compassfx. In particular Bid e's TDI is much flatter than Dean's and doesn't reach the same extremes. I've attached a couple of charts of the USD/JPY H1 to show what I mean. The first one without the bollinger is Big's TDI and the second chart with the bollinger is Dean's. On Dean's TDI the recent low touches 32 and the previous high...
can you share your TDI of Dean's? thanks you
  • #27,655
  • Nov 20, 2013 8:57am Nov 20, 2013 8:57am
In fact I've just noticed another difference between the two TDI's (Big e's and Dean Malone's) I posted at the bottom of the previous page. If you just go back to the two charts for a moment and look at the most recent high in the TDI you'll see that the shape is different. Big e's shows a divergence to the price (which some traders will see as a reason to take the trade) and Dean's doesn't have a divergence. Same chart, same time frame. They can't both be right.
  • #27,656
  • Nov 20, 2013 9:05am Nov 20, 2013 9:05am
Hi malmal, here's the files. Any problems with them you can get them from compassfx/synergy
Attached File(s)
File Type: ex4 Synergy_APB (1).ex4   4 KB | 380 downloads
File Type: tpl Synergy_black.tpl   2 KB | 438 downloads
File Type: tpl Synergy_gray.tpl   2 KB | 417 downloads
File Type: ex4 Synergy_TDI_Basic.ex4   5 KB | 454 downloads
  • #27,657
  • Nov 20, 2013 9:15am Nov 20, 2013 9:15am
Quoting piprac
Very interesting observation Tanglewood - now I have to figure out which tdi I downloaded. Somewhere in the recent past I believe the parameters and identification of the individual lines, ie. rsi, ma, etc. were listed but again is this what Big E used or were they Dean Malone's calculation? Edit: I did notice the 'box' containing the 2 tdi s are different in size, is that part of the answer? I surely don't know.
I noticed that myself when I looked at the videos Emmanuele posted a couple of days ago, one of them was about looking for extremes with the mbl and was using recent charts. I looked at the one I have been using lately and it didn't match up at all, it hadn't reached the extremes that they were showing. That was the TDI RT I was using, so I've switched back to the one phx uses and was downloaded from compassfx and thats just called Traders_Dynamic_Index.
Attached File(s)
File Type: mq4 Traders_Dynamic_Index.mq4   9 KB | 553 downloads
  • #27,658
  • Nov 20, 2013 10:05am Nov 20, 2013 10:05am
Quoting lastingwell
{quote} I noticed that myself when I looked at the videos Emmanuele posted a couple of days ago, one of them was about looking for extremes with the mbl and was using recent charts. I looked at the one I have been using lately and it didn't match up at all, it hadn't reached the extremes that they were showing. That was the TDI RT I was using, so I've switched back to the one phx uses and was downloaded from compassfx and thats just called Traders_Dynamic_Index. {file}
Yes lastingwell, like you I watched the videos posted by Emmanuel, I liked the videos, liked the strategy and bookmarked them to watch again sometime. Like you I couldn't make my TDI (downloaded from the early pages in this thread) reach the same extremes as in the video which would have made following that particular strategy difficult as it's the extremes that alert you to the possibility of a trade being on. The TDI I subsequently downloaded from compassfx now does say in the TDI window 'www.compassfx.com' - my other TDI didn't.
  • #27,659
  • Nov 20, 2013 2:39pm Nov 20, 2013 2:39pm
Quoting emmanuel7788
{quote} {image} You recall this post/chart above. This is where I see EJ may be heading so I build up two long positions this week. {image}

Hi Emmanuel,

On your chart I can see an indicator which shows you the entry point and the exit of the previous trades. Can you please tell me which is its name?

Thanks,
G.
  • #27,660
  • Nov 20, 2013 2:46pm Nov 20, 2013 2:46pm
Hi TMS. wanted to showoff and ask and learn all at the same time. EURUSD i noticed that there was kinda same price action before, but its working out completely different. (left and right yellow boxes) Could we foresee that one coming? even TDI seemed to react same on both cases. You thoughts plss.

Attached Image (click to enlarge)
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