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Trading Made Simple

  • #39,381
  • Jul 6, 2014 3:53am Jul 6, 2014 3:53am
Quoting pips29
The daily shows bearish moves {image}
Hi pips29, where can I find the FFC news calendar indi you are using ?
Regards
  • #39,382
  • Jul 6, 2014 4:12am Jul 6, 2014 4:12am
weekly bearish to me, perhaps sell on rallies
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the cautious seldom err....C
  • #39,383
  • Jul 6, 2014 4:22am Jul 6, 2014 4:22am
Hey guys! Thanks for the reply

I am serious about trading but to have access to the computer which I have the APB and TDI set on is only after 6pm here in the UK as I work.

I have a be access to my iPhone all day with the app but you cannot install the APB or TDI on it. Only can have japenese candles and stoch which is set to 8,3,3, price field low/high and method simple. As you know the japenese candles just jump around red green red green and do not let you see a proper trend. How can I use the indicators or whatever is available in that app to help me?

On the H1 charts how long does it take for the candle to fully form? I use to make mistakes on the H4 chart as I use to make a decision soon as candle popped up but then it starts to change size and colour

thank u
Skype ID - jagpal.kooner1
  • #39,384
  • Jul 6, 2014 4:27am Jul 6, 2014 4:27am
Quoting Britpip7
{quote} PHX62 removed the MA from his charts some time age. Big E was using 5EMA typical with a shift of 1 or 2, purely for trend.

Thanks mate so the setting is 5 shift 2. Methods exponential. Apply to typical price (HLC3)?!
Skype ID - jagpal.kooner1
  • #39,385
  • Jul 6, 2014 4:30am Jul 6, 2014 4:30am
Quoting pips29
weekly bearish to me, perhaps sell on rallies {image}

Is the rule not to enter after 3rd candle??
Skype ID - jagpal.kooner1
  • #39,386
  • Jul 6, 2014 4:36am Jul 6, 2014 4:36am
Quoting jagpalsingh
{quote} Thanks mate so the setting is 5 shift 2. Methods exponential. Apply to typical price (HLC3)?!
Here is correct information from the the thread founder, eelfranz.

http://www.forexfactory.com/showthre...ed#post4546281

For those who are new:

I went to www.compassfx.com and downloaded their free TDI Indicator and put it into my indicator file.

On the Chart: I copied the Synergy Template at www.compassfx.com

I then removed everything off the TDI but the green and red... and saved it.

The Synergy Template gives you the HA Candles on it. I then removed the two yellow lines above and below PA. I then added my own moving average set to: 5, ema, shift 3, exponential, typical price... and saved it.

I then brought up a chart and added the Template, added the TDI red & green indicator... and saved it.

Now I had a complete Template I could put on any chart. This works on all timeframes... any chart. I've taught you what to look for on the TDI for entries... study the charts already posted.

I don't trade charts under 1hr because lower than that there are too many false signals or head fakes. However, Dean Malone trades the 15 min charts and normally makes 50 pips or more per day. He usually starts trading at 8am EST for 2-3 hours.

I don't like to trade during the day because the PA is more jerky... I trade the 4hr charts. I check my 8 pairs (as posted) at 1am Eastern time and 5am eastern time. Those times are 10pm and 2am for me. I don't monitor the trades... I go to sleep. I get plenty of signals and the market is generally smoother... and I make more pips during those hours.

I expect each trade to move 3-8 candles. I like to enter on candles 1 or 2 only unless it's a bounce or re-entry trade.

When I'm in a trade and I see the TDI green line go flat, hook over or do a check reversal... before exiting I like to look at PA in relation to the 5 ema line. If PA still looks strong I'll consider staying in the trade but monitor it from that point on. . If I see PA reversing I'll usually exit.

Maybe one of you will post your Template for others to download into their Templates file.

It's pretty cut and dried and produces lots of pips.
If you are good at something, never do it for free--Joker
  • #39,387
  • Jul 6, 2014 4:40am Jul 6, 2014 4:40am
Quoting jagpalsingh
{quote} Is the rule not to enter after 3rd candle??
Yes, the beginning of candle one or two.
If you are good at something, never do it for free--Joker
  • #39,388
  • Jul 6, 2014 4:59am Jul 6, 2014 4:59am
Quoting jmn5611
{quote} Yes, the beginning of candle one or two.

Yes but the candle 1 doesnt give a very strong signal to enter its usually a small or weak candle. Thanks for the post above!
Skype ID - jagpal.kooner1
  • #39,389
  • Jul 6, 2014 5:16am Jul 6, 2014 5:16am
Quoting jagpalsingh
{quote} Yes but the candle 1 doesnt give a very strong signal to enter its usually a small or weak candle. Thanks for the post above!
You are welcome!
If you are good at something, never do it for free--Joker
  • #39,390
  • Jul 6, 2014 5:17am Jul 6, 2014 5:17am
Quoting jmn5611
{quote} You are welcome!


Any tips for newbies like me who can only use the mobile app for day trading?
Skype ID - jagpal.kooner1
  • #39,391
  • Jul 6, 2014 5:30am Jul 6, 2014 5:30am
Quoting jagpalsingh
{quote} Any tips for newbies like me who can only use the mobile app for day trading?
Buy a small laptop. I keep a 15 inch laptop. And since this method trades one and four hours charts if you trade it correctly, then you only have check at that time.
If you are good at something, never do it for free--Joker
  • #39,392
  • Jul 6, 2014 5:43am Jul 6, 2014 5:43am
Quoting jmn5611
{quote} Buy a small laptop. I keep a 15 inch laptop. And since this method trades one and four hours charts if you trade it correctly, then you only have check at that time.
I cannot connect the laptop to anything at work for internet, I work in the bank. We have computers there but we cannot download anything there and the website browser doesnt support java
Skype ID - jagpal.kooner1
  • #39,393
  • Jul 6, 2014 6:01am Jul 6, 2014 6:01am
Quoting jagpalsingh
{quote} I cannot connect the laptop to anything at work for internet, I work in the bank. We have computers there but we cannot download anything there and the website browser doesnt support java
Tether the laptop to your phone and use your phone's internet.
If you are good at something, never do it for free--Joker
  • #39,394
  • Jul 6, 2014 6:24am Jul 6, 2014 6:24am
Quoting jmn5611
{quote} Tether the laptop to your phone and use your phone's internet.

Thats a good idea. Or use something like log me in and connect to laptop at home via my phone. Saves money on buying a new laptop.


Do you have a PDF file or word document of all the latest rules and suggestions there are too many pages to go through.

The basics I know are

on TDI if green over red buy only if green pointing 12-2. If red over green and green pointing 4-6 sell. If at 50 and green 12-2 angle then upwards trend if facing 4-6 then downwards trend. At 80 mark wait for the downtrend at 32 wait for the uptrend. Confirm entry with stoch and 2nd candle.


Is there anything else I must look out for to?. How long does it take for a h1 and h4 candle to fully form and close?
Skype ID - jagpal.kooner1
  • #39,395
  • Jul 6, 2014 6:30am Jul 6, 2014 6:30am
Quoting jagpalsingh
{quote} Thats a good idea. Or use something like log me in and connect to laptop at home via my phone. Saves money on buying a new laptop. Do you have a PDF file or word document of all the latest rules and suggestions there are too many pages to go through. The basics I know are on TDI if green over red buy only if green pointing 12-2. If red over green and green pointing 4-6 sell. If at 50 and green 12-2 angle then upwards trend if facing 4-6 then downwards trend. At 80 mark wait for the downtrend at 32 wait for the uptrend. Confirm entry with...
Attached File(s)
File Type: pdf BigE full.pdf   3.4 MB | 1,120 downloads
Attached File(s)
File Type: zip BigE Charts.zip   3.8 MB | 766 downloads
If you are good at something, never do it for free--Joker
  • #39,396
  • Jul 6, 2014 6:40am Jul 6, 2014 6:40am
Quoting jmn5611
{quote} {image} {file}

You my friend are a legend!! How many pips do u take in your wheelbarrow everyday
Skype ID - jagpal.kooner1
  • #39,397
  • Jul 6, 2014 7:54am Jul 6, 2014 7:54am
Quoting jagpalsingh
Hey guys! Thanks for the reply I am serious about trading but to have access to the computer which I have the APB and TDI set on is only after 6pm here in the UK as I work. I have a be access to my iPhone all day with the app but you cannot install the APB or TDI on it. Only can have japenese candles and stoch which is set to 8,3,3, price field low/high and method simple. As you know the japenese candles just jump around red green red green and do not let you see a proper trend. How can I use the indicators or whatever is available in that app to...
You can set you iphone to have TDI on it along Japanese candles and trade just fine with those , I do that and trade from mobile with jap candles as well
I Have Learned to Take Some Losses to Make Profits
  • #39,398
  • Jul 6, 2014 8:25am Jul 6, 2014 8:25am
Quoting TheScorpS
{quote} You can set you iphone to have TDI on it along Japanese candles and trade just fine with those , I do that and trade from mobile with jap candles as well


how mate? There is no Traders dynamic indicator unless it's named differently what's it called?

I am using metatrader 4 for my alpari account
Skype ID - jagpal.kooner1
  • #39,399
  • Jul 6, 2014 8:31am Jul 6, 2014 8:31am
Quoting jagpalsingh
{quote} You my friend are a legend!! How many pips do u take in your wheelbarrow everyday
It depends on how much I want to trade, really. Once you get the hang of it and keep to the rules you will be fine.
If you are good at something, never do it for free--Joker
  • #39,400
  • Jul 6, 2014 8:36am Jul 6, 2014 8:36am
jmn5611, thank you for the pdf. I've printed it and now I can refer to it any time and sit and read it. Much appreciated. This is one of the best systems!!
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