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  • #37,841
  • May 26, 2014 9:25pm May 26, 2014 9:25pm
USDCAD H4

This is my question: Can I go long after breakdown 32 level of TDI?
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  • #37,842
  • May 26, 2014 9:45pm May 26, 2014 9:45pm
Quoting iTrade4u
USDCAD H4 This is my question: Can I go long after breakdown 32 level of TDI? {image}
Previous H4 candle was a very strong engulf/outside bar. That together with TDI hooking down are telling me to go short.
To counter this I'll want to see strong candle, too, and not just TDI.
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Everything you can imagine, is real - Pablo Picasso
  • #37,843
  • May 26, 2014 9:56pm May 26, 2014 9:56pm
EURAUD closed at BE +1 pips. Strong pull back on H1, TDI crossed on M15. Only went 10 my way and reverse.
Left H1, Right M15
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Let's see if LO will bring better trades today.
Everything you can imagine, is real - Pablo Picasso
  • #37,844
  • May 26, 2014 9:57pm May 26, 2014 9:57pm
Quoting Direwolf
{quote} Previous H4 candle was a very strong engulf/outside bar. That together with TDI hooking down are telling me to go short. To counter this I'll want to see strong candle, too, and not just TDI. {image}
Can't we find these pattern on HA chart?
  • #37,845
  • May 26, 2014 10:21pm May 26, 2014 10:21pm
Quoting iTrade4u
{quote} Can't we find these pattern on HA chart?
Depends on your template I guess. I can kind of see mine if I zoom in pretty close with those little horizontal line. Not as clear, but it's there.
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Everything you can imagine, is real - Pablo Picasso
  • #37,846
  • May 26, 2014 10:35pm May 26, 2014 10:35pm
Quoting Direwolf
{quote} Depends on your template I guess. I can kind of see mine if I zoom in pretty close with those little horizontal line. Not as clear, but it's there. {image}
Yes, Thank you
  • #37,847
  • May 27, 2014 12:51am May 27, 2014 12:51am
Hello everyone hope everyone is doing well. Went short on NZDUSD on H1 with green crossing red. Now +4 pips would anyone plz comment on this whether entry is according to TMS or I have missed something or I would have done a better entry than this.
Comments will be appreciated Thanks
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  • #37,848
  • Edited 4:36am May 27, 2014 3:07am | Edited 4:36am
Quoting hiddengiant
Hello everyone hope everyone is doing well. Went short on NZDUSD on H1 with green crossing red. Now +4 pips would anyone plz comment on this whether entry is according to TMS or I have missed something or I would have done a better entry than this. Comments will be appreciated Thanks{image}
Hi hiddengiant

I think this is a risky trade:
- Check HTF (higher time frame). Although H4 trend is down, there is a possible change in direction and trend (Green > Red > MBL)
- Daily TDi also just crossed up
- Divergence on H4 - possible change in trend

My two cents.

Axiom

Edit: But also consider H4 pinbar. So many things to consider ...
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  • #37,849
  • May 27, 2014 7:19am May 27, 2014 7:19am
Quoting Axiom
{quote} Hi hiddengiant I think this is a risky trade: - Check HTF (higher time frame). Although H4 trend is down, there is a possible change in direction and trend (Green > Red > MBL) - Daily TDi also just crossed up - Divergence on H4 - possible change in trend My two cents. Axiom Edit: But also consider H4 pinbar. So many things to consider ... {image}
TMS H4 short entry at 12h00 GMT ?. But in resistance area 0.8500 - 0.8550.
  • #37,850
  • May 27, 2014 7:40am May 27, 2014 7:40am
Quoting Axiom
{quote} TMS H4 short entry at 12h00 GMT ?. But in resistance area 0.8500 - 0.8550.
Don't get what you mean if taking a short at resistence area is a bad idea?. Anyway, hiddengiant was aiming for about 10 pips and tp already hit
the cautious seldom err....C
  • #37,851
  • May 27, 2014 7:58am May 27, 2014 7:58am
Quoting pips29
{quote} Don't get what you mean if taking a short at resistence area is a bad idea?. Anyway, hiddengiant was aiming for about 10 pips and tp already hit
Based on TDI only, looks like a short to me. On H4, a HH and HL had formed. The short would have to make a new LL in order to be in the money. So yes, I think conflicting signals probably reflected in my uncertain post. Its these kind of conflicts that always have me second guessing. Maybe i'm over-analysing? The disadvantage of being an accountant- always looking at the risk.
  • #37,852
  • May 27, 2014 8:36am May 27, 2014 8:36am
Quoting Axiom
{quote} Based on TDI only, looks like a short to me. On H4, a HH and HL had formed. The short would have to make a new LL in order to be in the money. So yes, I think conflicting signals probably reflected in my uncertain post. Its these kind of conflicts that always have me second guessing. Maybe i'm over-analysing? The disadvantage of being an accountant- always looking at the risk.
I don't see a HH and HL on H4. Perhaps ,you can post the chart so we can see what you are seeing
the cautious seldom err....C
  • #37,853
  • May 27, 2014 9:14am May 27, 2014 9:14am
Yes you are right I just aimed for 10 pips but initially it went against me so closed for just +7 pips later saw it going 20 pips more. My impatience made me lose that 20 pips. But Iam more concerned ABout my entry with this system.
Made +14 pips with EJ and Lost 14pips on GU because of itchy fingers.
  • #37,854
  • May 27, 2014 10:11am May 27, 2014 10:11am
I can see a lower high on GBPUSD, coincidentally the 618 fibo retracement of the 09/05 bear move towards the bullish trendline... Will we see a break of trendline this week?
  • #37,855
  • May 27, 2014 10:53am May 27, 2014 10:53am
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  • #37,856
  • May 27, 2014 11:07am May 27, 2014 11:07am
Quoting emmanuel7788
{quote} Hi yohan_ayala, There is no parameter setting for the HeikenAshi HA and the Average Price Bar APB. The difference between your D chart and mine posted is that I use a GMT0 sevrer tme broker and I see a Sunday candle. Your chart does not show a Sunday candle but the open price when NY opened on Sunday 25May is the same for both. Your Monday candle remain a red colour HA/APB. But today Tusday candle open and is now blue colour. What is more important is the TDI which is the heart of this trading method. Look at the TDI on your chart. regards,...
Hallo Emmanuel,
I'm new in this thread and it takes me a few months to study and demo this system.
At this moment I'm thinking to trade the GBP/Jpy pair.
What is your opinion about a short trade with the 4 Hr time frame ??
Is it worthed to try ???
Thank you
veryspecial1
  • #37,857
  • May 27, 2014 11:14am May 27, 2014 11:14am
Quoting Rajitomate
{image}
Hi Rajitomate
I have been using the sonic shi channel , which do you use , or do you make your own channel ?
I'm just trying to learn , so any help would be appreciated --as you see my channel would suggest a long trade soon
( I forgot to mention that mine is a daily channel on a H4 chart )
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  • #37,858
  • May 27, 2014 11:21am May 27, 2014 11:21am
Waiting for daily close. Pretty tough pair to trade
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the cautious seldom err....C
  • #37,859
  • May 27, 2014 11:29am May 27, 2014 11:29am
Quoting robuk
{quote} Hi Rajitomate I have been using the sonic shi channel , which do you use , or do you make your own channel ? I'm just trying to learn , so any help would be appreciated --as you see my channel would suggest a long trade soon {image}
Hello Robuk:
I made my own channel. But what i really put all my attention is to the tdi green line crossing the red one. Also the stochastic 8,3,3. i also look the day chart and tdi shows a bounce trade.
I hope I could help you if dont, tell me and ill do my best
  • #37,860
  • May 27, 2014 12:06pm May 27, 2014 12:06pm
Quoting Rajitomate
{quote} Hello Robuk: I made my own channel. But what i really put all my attention is to the tdi green line crossing the red one. Also the stochastic 8,3,3. i also look the day chart and tdi shows a bounce trade. I hope I could help you if dont, tell me and ill do my best
Thanks -- and Good Luck
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