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  • #34,541
  • Apr 2, 2014 3:25am Apr 2, 2014 3:25am
Quoting Zoopots
{quote} Yes, "HE" is our abbreviation for the Heiken Ashi candle.

Hey Zoopots,

Thanks so much for your post.

When I read it, it gave me a 'wow' moment

It is so obvious and yet I never thought of it!

Thanks again for sharing this as it will help my trading and many others too

I am a person who likes to go with the trend and this will help me for sure!

I am new to this method as I previously just traded pure PA on daily charts and still love doing so

When you mean Heiken Ashi Candle, that is the same as the average price bars right? Same thing just different words? I think I am using average price bars and if they are different then I guess I should switch!
Lets Make Some Money
  • #34,542
  • Apr 2, 2014 3:47am Apr 2, 2014 3:47am
AUD/NZD looks good
1.5 R
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  • #34,543
  • Apr 2, 2014 3:56am Apr 2, 2014 3:56am
Quoting DesiBaba
{quote} Hey Zoopots, Thanks so much for your post. When I read it, it gave me a 'wow' moment It is so obvious and yet I never thought of it! Thanks again for sharing this as it will help my trading and many others too I am a person who likes to go with the trend and this will help me for sure! I am new to this method as I previously just traded pure PA on daily charts and still love doing so When you mean Heiken Ashi Candle, that is the same as the average price bars right? Same thing just different words? I think I am using average price bars...
I've used HE as the Heiken Ashi abbreviation for so long it's habit, Direwolf is right in that logically it should probably be "HA". But APB and Heiken Ashi do represent the same type of price action candles. They both tend to filter out a portion of the whipsaws that regular candles can depict.

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  • #34,544
  • Apr 2, 2014 4:16am Apr 2, 2014 4:16am
An interesting diagram I got from a trading friend.
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Everything you can imagine, is real - Pablo Picasso
  • #34,545
  • Apr 2, 2014 4:16am Apr 2, 2014 4:16am
Quoting firas1980
Hi trader do you have anyone synergy-pro-tdi please I need it
Strictly speaking you should pay for it, but I think you will find it using the paperclip above
  • #34,546
  • Apr 2, 2014 4:23am Apr 2, 2014 4:23am
NZDJPY didn't work out. Price broke above rejection bars just enough to trigger my order before reversing down. Out at full loss -55 pips.
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5 loses in a row xD Not feeling too bad tho as over all I'm still in positive, 16 wins 9 loses for the last 2 weeks. Definitely more loses that I'd like and I'll try my best to minimize them!
Everything you can imagine, is real - Pablo Picasso
  • #34,547
  • Apr 2, 2014 4:32am Apr 2, 2014 4:32am
Quoting Direwolf
NZDJPY didn't work out. Price broke above rejection bars just enough to trigger my order before reversing down. Out at full loss -55 pips. {image} 5 loses in a row xD Not feeling too bad tho as over all I'm still in positive, 16 wins 9 loses for the last 2 weeks. Definitely more loses that I'd like and I'll try my best to minimize them!

Maybe you should try to get in when you see confirmation?

Just looking at your trade, it looks like you were speculating the price will go in your favour and you 'made your self' think its true by looking at it again and again and you went into trade.

If the trade is there take it, if not then don't

Don't 'want' it to go in your favour, you should 'let' it go in your favour
Lets Make Some Money
  • #34,548
  • Apr 2, 2014 4:33am Apr 2, 2014 4:33am
No trades for me today using the page 1 method.

I checked at 10pm pacific and 2 am pacific and simply nothing for me to take that I would be comfortable with.

I will wait till tomorrow for better signals
Lets Make Some Money
  • #34,549
  • Apr 2, 2014 4:47am Apr 2, 2014 4:47am
Quoting Direwolf
NZDJPY didn't work out. Price broke above rejection bars just enough to trigger my order before reversing down. Out at full loss -55 pips. {image} 5 loses in a row xD Not feeling too bad tho as over all I'm still in positive, 16 wins 9 loses for the last 2 weeks. Definitely more loses that I'd like and I'll try my best to minimize them!
Sorry to hear that Direwolf. But goes to show rejection bars can't be trusted when the market changes over (from Asian session to European)

Annoyingly (because I missed it) seems the LO high was reached at 8am UK time (to take out the stops of course) and then it was straight down.
  • #34,550
  • Apr 2, 2014 4:47am Apr 2, 2014 4:47am
AU H4 is having a hard time breaking past 23.6 Fib.
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Regards
  • #34,551
  • Apr 2, 2014 5:00am Apr 2, 2014 5:00am
Quoting MrAussieFX
AU H4 is having a hard time breaking past 23.6 Fib. {image} Regards
Yeh we've got BIG news coming up this week. Maybe the 'smart money' has got one more pump left before they dump.
  • #34,552
  • Apr 2, 2014 5:06am Apr 2, 2014 5:06am
Quoting Direwolf
An interesting diagram I got from a trading friend. {image}




This diagram is very good.
But in the red box (trade goes straight against you)
Why allow it to get stopped out.?
Just close the trade,
  • #34,553
  • Apr 2, 2014 5:08am Apr 2, 2014 5:08am
Quoting DesiBaba
No trades for me today using the page 1 method. I checked at 10pm pacific and 2 am pacific and simply nothing for me to take that I would be comfortable with. I will wait till tomorrow for better signals
Me neither though in retrospective NZUSD was a possibility.

I bet Bizzzle makes a bob or two though!
  • #34,554
  • Apr 2, 2014 5:55am Apr 2, 2014 5:55am
Quoting Zoopots
I'd like to share my technique of using higher time frame charts to facilitate my TDI H4 entries. I hope you will all find this informative and perhaps be able to cut .....
Hi Zoopots,

I am studying your post about HTF analysis starting from the weekly chart as I think its a very important topic you are addressing here. I initially thought I understood what you meant but upon closer study I am getting confused. I hope you can clear my confusion, please.

In you post you say you have placed a horizontal line on each 1st reversal candle after a up move. Thus, you have marked every 1st down/ red candle after a previous up move. I assumed you would wait for the 1st reversal (down/ red) candle to complete, before you take any action on the lower TF. So in your example the 1st reversal candle started to form on 9/9/3/2103 and would have completed on 20:00 9/13/2013. But your example 4HR trade were entered on 9/6/2103 at 20:00. That is right at the start of the 1st reversal (down/ red) candle.

So my question/ confusion is this: How did you know that a reversal (down/ red) candle was about to start on the weekly time frame? Or is it a case that I totally missed the point about how you use the Weekly and Daily chart to guide your 4HR entries?

Please help.

Regards,
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  • #34,555
  • Apr 2, 2014 6:31am Apr 2, 2014 6:31am
So far so good with EG. I woke up this morning around 3 to check for a trade and found EG with a nice cross of the TDI and showing a BEEB. Price also respected the 200 EMA which also validated my short entry.
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Lets see how this one goes today.
  • #34,556
  • Apr 2, 2014 6:39am Apr 2, 2014 6:39am
EU,EJ and UJ appears set to swing. The opinion of senior members will be appreciated.
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POSSIBILITIES ARE INFINITE, YOU CAN ACCOMPLISH ANYTHING!
  • #34,557
  • Apr 2, 2014 7:22am Apr 2, 2014 7:22am
EJ is right above round number 143. If it can close below that then the signal may be valid.
Everything you can imagine, is real - Pablo Picasso
  • #34,558
  • Edited 8:24am Apr 2, 2014 7:22am | Edited 8:24am
Quoting mor707
{quote} Hi Zoopots, I am studying your po...
Hi mor707,

I think Zoopots only wants to show the cycles on W1, which do occur. As I understood - to make decisions about possible trades he looks at the daily to see if a countertrend move comes to an end - then he drills down on H4 to find a possible entry.

fxfox
fxFox (all times in my charts are GMT+1)
  • #34,559
  • Apr 2, 2014 7:43am Apr 2, 2014 7:43am
Since all JPY pairs gave a short TDI cross at the same time I took EJ on the short. So far so good.

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MAY THE PIPS BE WITH YOU!
  • #34,560
  • Apr 2, 2014 8:09am Apr 2, 2014 8:09am
Week 3 day 3 of trading the 4 hour as shown on page 1:

6am: No Trades

10am:

EU- +3

EG- -5

EA- +7

EC- +6

UC- -1

Total : +10 pips plus 80 pips, so +90 pips this week so far checking my computer 3 times a day
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Give yourself a chance and trade it like it's layed out...
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