Disliked{quote} My open trades: Satisfied? {image} {image} {image} {image} {image} {image} {image}Ignored
jalkok: Thanks for the charts. Is that the TMS 10EMA Dashboard you are using? Mine only show up and down arrows.
- #28,183
- Dec 12, 2013 6:57am Dec 12, 2013 6:57am
{quote} Hey there... Just a little helping tip.. When looking at the tdi and price you must use the close price of the bars and not the lows.. the rsi of the tdi is calculated from the closing price and not the high/low.. Just something to look out for if your using it for possible divergence or confirmation or HH or HL.. Black lines on your chart show correct placement.{image} josh
Steadfastness is held above all success
- #28,190
- Dec 12, 2013 10:10am Dec 12, 2013 10:10am
- Joined Jan 2013 | Status: Trader | 1,657 Posts
{quote} Hey there... Just a little helping tip.. When looking at the tdi and price you must use the close price of the bars and not the lows.. the rsi of the tdi is calculated from the closing price and not the high/low.. Just something to look out for if your using it for possible divergence or confirmation or HH or HL.. Black lines on your chart show correct placement.{image} josh
I've read that before but it must be a bit time consuming to do if you only use synergy bars as you can't see the close of the candle normally, also we are not really looking at the rsi we are looking at moving averages of the rsi. Ive tried looking for more information from Dean Malone on divergence with the TDI and can't find any, have you got any links?
- #28,191
- Dec 12, 2013 10:24am Dec 12, 2013 10:24am
{quote} I've read that before but it must be a bit time consuming to do if you only use synergy bars as you can't see the close of the candle normally, also we are not really looking at the rsi we are looking at moving averages of the rsi. Ive tried looking for more information from Dean Malone on divergence with the TDI and can't find any, have you got any links?
http://www.compassfx.com/video/
Sroll down and u will find what your looking for
Give yourself a chance and trade it like it's layed out...
- #28,195
- Edited 2:02pm Dec 12, 2013 1:51pm | Edited 2:02pm
- Joined Jan 2013 | Status: Trader | 1,657 Posts
{quote} Try this link: http://www.compassfx.com/video/ Sroll down and u will find what your looking for
According to this video: http://www.compassfx.com/video/flash/101210/101210.html he is going from high to high and low to low he doesn't mention the close at all.
- #28,196
- Dec 12, 2013 3:45pm Dec 12, 2013 3:45pm
{quote} I've read that before but it must be a bit time consuming to do if you only use synergy bars as you can't see the close of the candle normally, also we are not really looking at the rsi we are looking at moving averages of the rsi. Ive tried looking for more information from Dean Malone on divergence with the TDI and can't find any, have you got any links?
Yes it would be difficult to switch between the two different candle types but to spot the divergences correctly you would have to switch between the two as the rsi from the tdi would be calculated from standard candles of course...
Well you are looking at the rsi crossing over the moving average as the tdi is simply a rsi with a moving average applied to that rsi as far as i understand..
Josh
nollej is power..
- #28,197
- Edited 6:56pm Dec 12, 2013 6:32pm | Edited 6:56pm
- Joined Jan 2013 | Status: Trader | 1,657 Posts
I was going to trade the Asian session but managed to get quite a few pips before that so will go to bed instead
There was a nice bullish breakout of a channel on m15 on EN, didn't even have time to move to breakeven and it had hit my 50 pip take profit, I actually got just over 54 pips as there was positive slippage of just over 4 pips. I took EJ earlier in the evening and got 50 pips - took a bit longer for that to reach it, also took GJ at the same time as EJ which also had a similar channel breakout to EN another 50 pips.
I have added Xaphod's tms-matrix for the alerts it gives, very helpful when looking at lots of currencies.
There was a nice bullish breakout of a channel on m15 on EN, didn't even have time to move to breakeven and it had hit my 50 pip take profit, I actually got just over 54 pips as there was positive slippage of just over 4 pips. I took EJ earlier in the evening and got 50 pips - took a bit longer for that to reach it, also took GJ at the same time as EJ which also had a similar channel breakout to EN another 50 pips.
I have added Xaphod's tms-matrix for the alerts it gives, very helpful when looking at lots of currencies.
- #28,199
- Dec 12, 2013 11:27pm Dec 12, 2013 11:27pm
- | Joined Dec 2011 | Status: The Little Guy | 145 Posts
Hi guys. This USDJPY was a gift, and id like to show my trades for the past 24 hours. Trades were taken in different time frames, so its not possible to explain everyone, half of them were taken on M1 tf. And for the purpose of clarity i use clean template to show the trades. Gues i nailed it I am still waiting for 103.9-104 and if that holds, i intend to keep my remaining positions until 108 or so.
I am still waiting for 103.9-104 and if that holds, i intend to keep my remaining positions until 108 or so. 
