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Trading Made Simple

  • #38,761
  • Jun 24, 2014 10:54am Jun 24, 2014 10:54am
Quoting itsallover
Next. Who else am I interviewing?
do you like my humble scalping USOil m5 chart I took lately?
Attached Image (click to enlarge)
Click to Enlarge Name: usoilm5 tms.png Size: 87 KB
Appreciation is the key to wealth and happiness
  • #38,762
  • Jun 24, 2014 10:59am Jun 24, 2014 10:59am
Quoting likica
{quote} do you like my humble scalping USOil m5 chart I took lately? {image}
LOL
I like

Is USOIL volatile?How are the spreads? Do you find M5 a good timeframe to trade as opposed to the higher timeframes?
.... laughing all the way to the bank
  • #38,763
  • Jun 24, 2014 11:03am Jun 24, 2014 11:03am
Hello, I'm new in this thread. I just want to say that I'm very excited about this system.

I'll try to publish my results in here if possible.

Thanks
  • #38,764
  • Jun 24, 2014 11:06am Jun 24, 2014 11:06am
Quoting Cirujano
Hello, I'm new in this thread. I just want to say that I'm very excited about this system. Thanks
Welcome Cirujano
.... laughing all the way to the bank
  • #38,765
  • Jun 24, 2014 11:07am Jun 24, 2014 11:07am
Quoting itsallover
{quote} LOL I like Is USOIL volatile?How are the spreads? Do you find M5 a good timeframe to trade as opposed to the higher timeframes?
I trade all pairs incl oil and gold as long as they meet my trading plan. Oh yes, spreads are not so humble for gold and oil :-(. but i m happy to share part of my pips with my broker. .Still hunting for a better spread broker. Do u trade oil too? if you have better spreads, pls share. BTW, thank u for liking my chart :-). I m done for today.

Stick with your trading plan and happy trading to all.
Lkc
Appreciation is the key to wealth and happiness
  • #38,766
  • Jun 24, 2014 11:15am Jun 24, 2014 11:15am
Quoting likica
{quote} I trade all pairs incl oil and gold as long as they meet my trading plan. Oh yes, spreads are not so humble for gold and oil :-(. but i m happy to share part of my pips with my broker. .Still hunting for a better spread broker. Do u trade oil too? if you have better spreads, pls share. BTW, thank u for liking my chart :-). I m done for today. Stick with your trading plan and happy trading to all. Lkc
forgot to mention about my TF: i look at H1, H4 for currencies and gold, and M5, M15 for oil (scalping). hardly hold positions overnight. best TMS signals are the one bounced off those white bands (S/R).
Appreciation is the key to wealth and happiness
  • #38,767
  • Jun 24, 2014 11:25am Jun 24, 2014 11:25am
Quoting likica
{quote} forgot to mention about my TF: i look at H1, H4 for currencies and gold, and M5, M15 for oil (scalping). hardly hold positions overnight. best TMS signals are the one bounced off those white bands (S/R).
Excellent thanx for sharing likica. I don't trade Gold or Oil .

I'm not sure if its against rules mentioning Brokers... if it is I'll take this post down... and I'm not affiliated with any Broker. Prospreads have decent spreads. Check them out.
.... laughing all the way to the bank
  • #38,768
  • Jun 24, 2014 11:36am Jun 24, 2014 11:36am
Quoting itsallover
{quote} Excellent thanx for sharing likica. I don't trade Gold or Oil . I'm not sure if its against rules mentioning Brokers... if it is I'll take this post down... and I'm not affiliated with any Broker. Prospreads have decent spreads. Check them out.
Sorry for asking, but where can I get the last version the indicators?. I've been looking for them in the thread, but there are alot and i got confused.

Thanks and sorry again
  • #38,769
  • Jun 24, 2014 1:31pm Jun 24, 2014 1:31pm
Quoting Cirujano
{quote} Sorry for asking, but where can I get the last version the indicators?. I've been looking for them in the thread, but there are alot and i got confused. Thanks and sorry again
All current indicators are on the first page in the attachments section. Click on the paperclip at the top right hand side of the page. We're using

1. TDI and/or TDI MTF
2. Synergy

Thats it.
.... laughing all the way to the bank
  • #38,770
  • Jun 24, 2014 2:01pm Jun 24, 2014 2:01pm
Quoting itsallover
{quote} All current indicators are on the first page in the attachments section. Click on the paperclip at the top right hand side of the page. We're using 1. TDI and/or TDI MTF 2. Synergy Thats it.
Thanks

At the beginning I downloaded those ones, but then I saw there were some others and I got confused.
  • #38,771
  • Edited 2:30pm Jun 24, 2014 2:16pm | Edited 2:30pm
Quoting Cirujano
{quote} Thanks At the beginning I downloaded those ones, but then I saw there were some others and I got confused.
As you read through the thread, you'll get more confident. Big E, who started this thread kept it very simple ... read his pdfs which are very helpful.
Some posters have their own preferred indies which they use with this system.....its all a matter of choice....
.... laughing all the way to the bank
  • #38,772
  • Jun 24, 2014 4:45pm Jun 24, 2014 4:45pm
Quoting lastingwell
{quote}Hopefully this will make it a bit clearer. I have to go out, will be back a bit later on. {image}
That's wonderful explanation, thank you! Very and very important notice. It's important to determine such situations on TDI and to know how to use them. Thank you.
  • #38,773
  • Edited 8:54pm Jun 24, 2014 8:35pm | Edited 8:54pm
Need help on basic/newbie confirmation.

TDI indicator is set to close of a candle. Thus, when a vertical line is placed on a mt4 platform, the vertical line that overlaps onto the TDI is actually the condition of its previous closed candle, right?

For example on this picture, a vertical line is placed on the C candle, thus the line that overlaps with TDI, represents the closed candle of B rather than C's close candle, right?

If I want to know the TDI condition of A close candle, I have to place a vertical line on the B candle, right?

If everything are right, thus, when we enter a trade based on the vertical line is actually the B's closed candle a.k.a the C's open candle?

Thank you,
Attached Image (click to enlarge)
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  • #38,774
  • Jun 24, 2014 10:37pm Jun 24, 2014 10:37pm
Quoting pastecopy
Need help on basic/newbie confirmation. TDI indicator is set to close of a candle. Thus, when a vertical line is placed on a mt4 platform, the vertical line that overlaps onto the TDI is actually the condition of its previous closed candle, right? For example on this picture, a vertical line is placed on the C candle, thus the line that overlaps with TDI, represents the closed candle of B rather than C's close candle, right? If I want to know the TDI condition of A close candle, I have to place a vertical line on the B candle, right? If everything...
Aah, there is a difference believe it or not between the state of the tdi at the close of the previous candle and the open of the new one. If you watch the behaviour of the tdi you will see it.

Take this example of a UsdCad trade I took last month. The reason I'm showing this one is that I was watching the tdi at the time so fully remember what the tdi looked like at the open of the candle I went in on as the new candle opened. If I draw a line at the close of the previous candle there is a tiny cross, . I took the second picture when we were about 20 minutes into the candle, but price hadn't gone anywhere when I took it as you can see. If I hold the crosshairs over the chart and hover over the chart as in the first picture, the reason I took the trade at the open of the candle was because it popped up to about there when the candle opened so I took the trade.
I wasn't chasing a large candle because it hadn't moved up yet, as you can see 20 minutes into the candle it still hadn't gone anywhere but then it moved. I've watched that happen over and over again, because its most noticeable on the smaller timeframes with the mtf tdi on there, and I have watched that for what must be hundreds of hours, you will see it "pop" at the open of the candle or just after.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 17 KB
Click to Enlarge Name: usdcadmh1.png Size: 25 KB
  • #38,775
  • Edited 11:40pm Jun 24, 2014 11:15pm | Edited 11:40pm
Quoting lastingwell
{quote}Aah, there is a difference believe it or not between the state of the tdi at the close of the previous candle and the open of the new one. If you watch the behaviour of the tdi you will see it. Take this example of a UsdCad trade I took last month. The reason I'm showing this one is that I was watching the tdi at the time so fully remember what the tdi looked like at the open of the candle I went in on as the new candle opened. If I draw a line at the close of the previous candle there is a tiny cross, . I took the second picture when we...
Very interesting , I rather suspected this happened sometimes .I think I recall Big E saying if green was just showing through red he would take the trade (everything else being OK , of course )
Thanks for posting the info.
  • #38,776
  • Edited Jun 25, 2014 12:03am Jun 24, 2014 11:48pm | Edited Jun 25, 2014 12:03am
Quoting robuk
{quote} Very interesting , I rather suspected this happened sometimes .I think I recall Big E saying if green was just showing through red he would take the trade (everything else being OK , of course ) Thanks for posting the info.
This is another example, I can't take credit for this one because someone else was trading my account at the time because I wasn't able to, but the reason the trade was taken was explained to me by them. If you look at the close of the previous bar there was barely a cross yet, so it would look like price suddenly moved and then they went in, but if you look at the m1 view of the trade they took it well before price started to move solely because the h4 tdi dropped down suddenly with a big step (they were looking at m15 at the time with h4 mtf tdi on there) so they went in that was just over 4 minutes before price actually moved anywhere.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpymh4.png Size: 25 KB
Click to Enlarge Name: eurjpymm1.png Size: 19 KB
  • #38,777
  • Edited 1:38am Jun 25, 2014 1:14am | Edited 1:38am
[attach]1455030 I took Sell trade
EDIT , divergence , pin bar on H4, rejection of (my ) daily resistance line , TP 502 (I hope )
Attached Image (click to enlarge)
Click to Enlarge Name: ea weds.png Size: 65 KB
  • #38,778
  • Jun 25, 2014 1:41am Jun 25, 2014 1:41am
Quoting robuk
[attach]1455030 I took Sell trade EDIT , divergence , pin bar on H4, rejection of (my ) daily resistance line , TP 502 (I hope ) {image}
good trade . should be a winner
the cautious seldom err....C
  • #38,779
  • Jun 25, 2014 1:52am Jun 25, 2014 1:52am
Quoting pips29
{quote} good trade . should be a winner
Thanks .
I prefer H4 , don't trust H1 too much ,so went for modest target , but had gone through 12 h4 charts at 5am and 9am , found nothing ,
hoping I may be able to convert this trade to a H4 , so watching now.
  • #38,780
  • Jun 25, 2014 1:56am Jun 25, 2014 1:56am
USOil M5 scalping (London open trade) +25pips
Attached Image (click to enlarge)
Click to Enlarge Name: usoilm5 lo tms buy wed 25.6.14 +.png Size: 68 KB
Appreciation is the key to wealth and happiness
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