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  • #37,361
  • May 12, 2014 2:04am May 12, 2014 2:04am
Quoting pastecopy
Pair: EA (15-May 14) Possible to short at the close of this candle (yellow arrow) due to PA only? Not suitable due to it's a sideway and TDI at OS? Feedback needed . Note: Purple box is Lon session. Thank you {image}

Hi pastecopy,

H1 chart shows small canldes and obviously in consolidation.
As Big E often said, Do Not trade consolidation.

Looking at Weekly and Daily charts, the bias is bearish.
H4 TDI is in the below 32-level, but price can still do down lower, and there is support below.

Can possibly scalp in H1 with the H1 BEOB LO candle. Reduce risk!

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD week20 H1 LO trade.png Size: 31 KB


regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,362
  • May 12, 2014 2:10am May 12, 2014 2:10am
Quoting hostwey
{quote} EURAUD is at a demand level even on the longer time frames, so the odds are more likely in favour of buyers at the moment, even though this pair has been in a downtrend. Also note the rising TDI on the hourly which has moved above the MBL. Not a high probability short IMHO. {image}

I LIKE.... demand zone
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,363
  • May 12, 2014 2:21am May 12, 2014 2:21am
AUDUSD week20 H4 trade, channel bounce.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD week20 H4 trade 12May1.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,364
  • Edited 2:48am May 12, 2014 2:21am | Edited 2:48am
Thanks a lot for your reply, stevepatt, lastingwell, hostwey and Emmanuel, will pay attn Daily and the MBL. How about this? This time is 4H entry point (10am Lon). Daily chart TDI also cross and above MBL. Can Long?

Not a good long entry point due to it's within the 4H channel?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Picture4.png Size: 325 KB
Click to Enlarge Name: Picture3.png Size: 375 KB
  • #37,365
  • May 12, 2014 2:25am May 12, 2014 2:25am
No 10AM trades for me. I see a bunch of Euro possibilities, but ill wait for another day. GJ running good until i close it. SL@BE nwo.
  • #37,366
  • May 12, 2014 2:30am May 12, 2014 2:30am
Quoting hunter101
No 10AM trades for me. I see a bunch of Euro possibilities, but ill wait for another day. GJ running good until i close it. SL@BE nwo.

you mean London local time 10am, what is the time in the US PST?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,367
  • May 12, 2014 2:35am May 12, 2014 2:35am
Quoting emmanuel7788
{quote} I LIKE.... demand zone
Having sat through a few Sam Seiden webinars, I'm not sure if these indicators draw supply/demand properly, or just high light pivot highs and lows, however they seem to work especially when freshly created, such as your GBPJPY trade this morning.
Attached Image (click to enlarge)
Click to Enlarge Name: sdgbpjpym15.png Size: 51 KB
  • #37,368
  • May 12, 2014 2:36am May 12, 2014 2:36am
Quoting emmanuel7788
AUDUSD week20 H4 trade, channel bounce. {image}
I love it when I'm in a trade and I come on here and you're in the same trade. Gives me a lot of confidence
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB
  • #37,369
  • May 12, 2014 2:49am May 12, 2014 2:49am
Quoting hostwey
{quote} Having sat through a few Sam Seiden webinars, I'm not sure if these indicators draw supply/demand properly, or just high light pivot highs and lows, however they seem to work especially when freshly created, such as your GBPJPY trade this morning. {image}
I have watch all of his videos and they are very good on supply and demand...
Give yourself a chance and trade it like it's layed out...
  • #37,370
  • Edited 3:23am May 12, 2014 3:05am | Edited 3:23am
I am getting a lot of PM asking me what I have been disguising with lastingwell, so I thought I would share some of these thought for you all to back-test and gain confidence and become more profitable.

Trading is about waiting for the best opportunity/probability in our trading and this can require a lot of patients.

While doing a lot of back-testing I notice that when the MBL (yellow line) is near or past the extreme levels 68 and 32 on the TDI the market sets up for reversal.

So once we see the MBL in these areas we know we have a high chance of a reversal and we wait for a good set-up! Do some back-testing and you will see what I mean

Chart below show the maximum pips you could of got
Attached Image (click to enlarge)
Click to Enlarge Name: MBL.png Size: 67 KB
Give yourself a chance and trade it like it's layed out...
  • #37,371
  • May 12, 2014 6:21am May 12, 2014 6:21am
Quoting manoj_3986
Nice Pinbar on the same event area where previous big move happened after pinbar, also confirmed by tdi cross on Gold H4. {image}
Currently up 100pips. SL set to BE and TP@ 1315.
  • #37,372
  • May 12, 2014 6:49am May 12, 2014 6:49am
Quoting manoj_3986
{quote} Currently up 100pips. SL set to BE and TP@ 1315.
Well done mate
Give yourself a chance and trade it like it's layed out...
  • #37,373
  • May 12, 2014 6:56am May 12, 2014 6:56am
Quoting Bizzzle
{quote} Well done mate
Thanks Bizzle.All credit goes to you, emmanuel, phx 62 and Big E. I have learned a lot from you all.
  • #37,374
  • May 12, 2014 7:23am May 12, 2014 7:23am
Quoting Bizzzle
I am getting a lot of PM asking me what I have been disguising with lastingwell, so I thought I would share some of these thought for you all to back-test and gain confidence and become more profitable. Trading is about waiting for the best opportunity/probability in our trading and this can require a lot of patients. While doing a lot of back-testing I notice that when the MBL (yellow line) is near or past the extreme levels 68 and 32 on the TDI the market sets up for reversal. So once we see the MBL in these areas we know we have a high chance...
Hello.. I am new to this TMS... Your example TDI is not showing the extreme over sold or over bought... I am using 13..2...7...34 ma.. Could you please post the TDI your using.. Thank You
  • #37,375
  • May 12, 2014 7:47am May 12, 2014 7:47am
Quoting NearlyNormal
{quote} Hello.. I am new to this TMS... Your example TDI is not showing the extreme over sold or over bought... I am using 13..2...7...34 ma.. Could you please post the TDI your using.. Thank You
Just put a horizontal line at those points on your chart.
  • #37,376
  • May 12, 2014 7:49am May 12, 2014 7:49am
Here you go
Attached File(s)
File Type: ex4 Synergy_TDI.ex4   22 KB | 461 downloads
Give yourself a chance and trade it like it's layed out...
  • #37,377
  • May 12, 2014 7:54am May 12, 2014 7:54am
Quoting lastingwell
{quote}Just put a horizontal line at those points on your chart.

I dont think you understand my question... I will try one more time... What are your TDI inputs... ARE they RSI period 13...,,,RSI signal Period 2....,,Trade signal period 7....,,MBL 34... They dont look like your example.. on GJ which is GBPJPY
  • #37,378
  • May 12, 2014 8:02am May 12, 2014 8:02am
Quoting Bizzzle
Here you go {file}


Thank You... It does show up different...
  • #37,379
  • May 12, 2014 8:16am May 12, 2014 8:16am
Quoting NearlyNormal
{quote} Thank You... It does show up different...
Yes it does, I hadn't noticed that by Bizzzle's images before.
  • #37,380
  • May 12, 2014 8:51am May 12, 2014 8:51am
Quoting manoj_3986
Nice Pinbar on the same event area where previous big move happened after pinbar, also confirmed by tdi cross on Gold H4. {image}
That level has been pretty good , two bounces so far, and might go to 1310 though it may need to tap some more liquidity to do that.
Attached Image (click to enlarge)
Click to Enlarge Name: sdxauusdh4.png Size: 55 KB
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