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Trading Made Simple

  • #37,721
  • May 21, 2014 6:21am May 21, 2014 6:21am
Quoting NearlyNormal
{quote} Hello USA my 4 hr NY EST on 1 platform 12:00am - 4:00 am... my other platform 4 hr 1:00 am - 5:00 am... Which platform should I use..

Just select one broker which you will trade with and use that broker server time consistently.

I use GMT0 server time for all my technical analysis.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,722
  • May 21, 2014 6:37am May 21, 2014 6:37am
EURNZD Week21 H4 21May NYO

A TMS setup or a Market set you up?

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Week21 H4 21May NYO.png Size: 52 KB


Have you done your Big Picture Plan and have a trade plan ready?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,723
  • May 21, 2014 7:17am May 21, 2014 7:17am
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...
There is a difference in HA and Synergy_APB. they are the same except for this line of code;

haClose = (haClose + Close[shift]) / 2.0; //bias candle in direction of Close

Dean Malone says in his synergy explanation that the close is most important. When he explains heiken ashi he doesn't mention that the APB is calculated with this slight difference that the APB close is biased towards the true Close.
  • #37,724
  • May 21, 2014 7:31am May 21, 2014 7:31am
Quoting emmanuel7788
GBPJPY Week21 21May H4 trade. A Price Action trade setup with a 3-bar reversal/PCRF at Prev W Low and BRN 170.00. with TDI confirmation. {image}
Hi Emmanuel,

Thank you for previous post reply.

Regarding GJ trade, will you consider UJ? Because it has the same setups except PA as piercing-alike.
  • #37,725
  • May 21, 2014 8:36am May 21, 2014 8:36am
My other trades this week, 2 H4 trades and 1 H1. +100 on each. The GA was taken a couple of minutes before the close of the previous bar to the one shown in the first picture as I was waiting for m15 to show some signs of life, taken because of the retest of the trendline break and the cross above mbl, h4 and d1 tdi's were crossed up. On the EN and EA trades, D1 had crossed up on both.
Attached Image(s) (click to enlarge)
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  • #37,726
  • May 21, 2014 9:13am May 21, 2014 9:13am
Quoting emmanuel7788
EURNZD Week21 H4 21May NYO A TMS setup or a Market set you up? {image} Have you done your Big Picture Plan and have a trade plan ready?
Similarly on EA H4.
Illustrates the value of heeding the MBL and S/R.

Edit: Although, TDI at extreme at the moment and a retracement likely?
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDm,H4_2014-05-21_18-04-07.png Size: 31 KB
  • #37,727
  • May 21, 2014 10:04am May 21, 2014 10:04am
Quoting lastingwell
My other trades this week, 2 H4 trades and 1 H1. +100 on each. The GA was taken a couple of minutes before the close of the previous bar to the one shown in the first picture as I was waiting for m15 to show some signs of life, taken because of the retest of the trendline break and the cross above mbl, h4 and d1 tdi's were crossed up. On the EN and EA trades, D1 had crossed up on both. {image} {image} {image} {image}
  • #37,728
  • May 21, 2014 11:35am May 21, 2014 11:35am
GBPJPY....Entered after pullback....wasn't monitoring..just got back...
Attached Image (click to enlarge)
Click to Enlarge Name: Image 146.png Size: 54 KB
Sad i'm not trying to understand PA
  • #37,729
  • May 21, 2014 1:54pm May 21, 2014 1:54pm
how I can see range factor ind. past history....?
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 56 KB
Attached File(s)
File Type: ex4 DM_RangeFactor.ex4   4 KB | 469 downloads
  • #37,730
  • May 21, 2014 2:39pm May 21, 2014 2:39pm
Quoting Direwolf
First return trade - EA. +22 pips left - m15 before entry middle - H4 @ exit right - m15 @ exit Reason of entry was the TDI crossing up on M15, same direction with trend on H1/H4. TP was 50 pips, it moved 40 my direction before forming quite a large pull back bar so I exit. {image}
Hi Direwolf, nice trade there, certainly would not have taken that looking at H4 charts only...

Is that the xADR indi you have? If so how do you get it to sit in the bottom right corner? I have tried setting the positions 1 through 4 but it always sits in the bottom left corner?
  • #37,731
  • May 21, 2014 3:03pm May 21, 2014 3:03pm
USDCHF Week21 good to wait ...

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Week21 AWAC.png Size: 22 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,732
  • May 21, 2014 3:21pm May 21, 2014 3:21pm
Quoting gavman
{quote} Hi Direwolf, nice trade there, certainly would not have taken that looking at H4 charts only... Is that the xADR indi you have? If so how do you get it to sit in the bottom right corner? I have tried setting the positions 1 through 4 but it always sits in the bottom left corner?
Hi thanks gavman.
The xADR is actually sitting on my bottom left too. I just resize the chart's window quite small so it looks like that.
Everything you can imagine, is real - Pablo Picasso
  • #37,733
  • May 21, 2014 3:47pm May 21, 2014 3:47pm
Quoting emmanuel7788
USDCHF Week21 good to wait ... {image}
I'll keep an eye on this.
  • #37,734
  • May 21, 2014 3:49pm May 21, 2014 3:49pm
hi guys where can i download this indicator TDI and what is the setting for 4h timefame ?
thanks
  • #37,735
  • May 21, 2014 6:42pm May 21, 2014 6:42pm
Quoting Kasley
hi guys where can i download this indicator TDI and what is the setting for 4h timefame ? thanks

You will get more help if you put in some effort for yourself.

Usually you will find the necessary indicators in post #1 of a system thread. In some systems, things get mangled and changed. In ForexFactory you can go to the top of the forum page and click on the paperclip symbol and get a list of all the files posted as attachments in the thread. They are divided into image files and other files which include .doc, .pdf, .ex4, .mq4, etc.

PDF's are especially valuable. Usually a compilation of important posts, rules, advice etc.

TDI is discussed all over not just forexfactory but all over the internet. It stands for Traders Dynamic Index and is a derivative, actually a moving average of RSI, a measure of momentum.

To some extent, this thread is an orphan as the owner/originator has passed away. For this reason, there is no definitive template. You should study the thread. Find contributors who you feel have something to offer, set up your charts as they have and see if you can find some actionable price movement in the past that will reliably recur in the future.
  • #37,736
  • May 21, 2014 6:47pm May 21, 2014 6:47pm
EA going naughty
Attached Image (click to enlarge)
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Everything you can imagine, is real - Pablo Picasso
  • #37,737
  • May 21, 2014 6:50pm May 21, 2014 6:50pm
Quoting Direwolf
EA going naughty {image}
Must have been the Chinese news. Will have to make a note to avoid trades around that news.
  • #37,738
  • May 21, 2014 6:57pm May 21, 2014 6:57pm
Quoting emmanuel7788
{quote} Hi pastecopy, Both the H4 charts of EURCAD and GBPCAD shows the same TDI Green above Red and above the Yellow MBL. My decision to pick GBPCAD was based on my usual Big Picture Planning on the D charts. I put both D charts side-by-side below for comparison. {image} On D charts, I see a better price action for GBPCAD with that price pullback from the Historical Swing level 1.8211. While EUR CAD shows a WRB / Master Candle, and I usually avoid trading 4H swing when price is inside the WRB. The other reasons why I picked GBPCAD is the next possible...
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD vs GBPCAD.png Size: 65 KB


Here is quick update how I see these two pairs today.
GBPCAD pauses as it reach its weekly range.
EURCAD being held back by Euro weakness, but that change, I look for a buy which will break the 1.4990 level. The H4 candle which crosses this level is most likely to be a full body candle most often as we see in history.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD vs GBPCAD_2.png Size: 87 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,739
  • May 21, 2014 7:04pm May 21, 2014 7:04pm
Quoting abdunbar
{quote} You will get more help if you put in some effort for yourself. Usually you will find the necessary indicators in post #1 of a system thread. In some systems, things get mangled and changed. In ForexFactory you can go to the top of the forum page and click on the paperclip symbol and get a list of all the files posted as attachments in the thread. They are divided into image files and other files which include .doc, .pdf, .ex4, .mq4, etc. PDF's are especially valuable. Usually a compilation of important posts, rules, advice etc. TDI is discussed...
abdunbar,

Very helpful. that's the spirit of this thread and people with open mind to learn. Together we can bring the discussions and sharing to a much higher level and help others to be better traders and trade better using the same 5-Method.

Trade Well.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,740
  • May 21, 2014 7:05pm May 21, 2014 7:05pm
Quoting Direwolf
EA going naughty {image}

Ever heard of Stopping Volume?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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