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Trading Made Simple

  • #40,061
  • Jul 24, 2014 6:48am Jul 24, 2014 6:48am
good trade Scorps. Looking at E/A, what's your view
the cautious seldom err....C
  • #40,062
  • Jul 24, 2014 7:05am Jul 24, 2014 7:05am
Quoting pips29
good trade Scorps. Looking at E/A, what's your view
Hi pip29 Thanks

EA have been respecting EMA 10 all day, its building power to upside but at the moment and market is closing I am not sure I can trade that any time today, so tomorrow might be if I get a retracement sort of trade
I Have Learned to Take Some Losses to Make Profits
  • #40,063
  • Jul 24, 2014 7:11am Jul 24, 2014 7:11am
thks Scorps. If it is going up I reckon it's more to do with aussie weakening for at the moment Euro is weak looking
the cautious seldom err....C
  • #40,064
  • Jul 24, 2014 7:46am Jul 24, 2014 7:46am
Quoting TheScorpS
{quote} Thanks for the advice lastingwell I entered a bit late, so it was better to exit and save those pips rather than giving back the market
Sorry I didn't realise you were trading the m5 on that trade I thought you had gone in on an hourly signal and looked at m5 to come out.
  • #40,065
  • Jul 24, 2014 7:57am Jul 24, 2014 7:57am
Quoting lamarga789
{quote} ok but which of them all would have to take it out??pleaseĻ: tms-osc tms-osc ccross tms osc histo tdi sub or tdi -rt clone
Any of them, there are lots of different tdi's but its well known that the original from the first page of this thread will look different in hindsight than it does live, but that isn't a problem unless you're backtesting.
  • #40,066
  • Jul 24, 2014 9:44am Jul 24, 2014 9:44am
Quoting Britpip7
{quote} You are most welcome - I rarely trade if the H4 and Day TDI are in conflict. I do sometimes run with a tri screen set up for week / day / H4 which can help in these scenarios {image}
Just a point of clarification on this post -

If I am trading H4 timeframe (rare occurrence!) and the H4 conflicts with the day then I do not trade.

If I am trading the day, I rarely look at H4 - all my entries are based purely on what the Day PA is doing relative to S/R and candle structure in conjunction with TDI.
"To live with Passion, it takes Courage and Grace to survive"
  • #40,067
  • Edited 1:02pm Jul 24, 2014 12:49pm | Edited 1:02pm
Anyone still using this TDI with a slope indicator?

It seems unable to function properly due to 600++ build? The text overlapped each other.

Initial load on chart produces no problem but when you save it as a template and load on other chart, text overlapped is seen.

Or any recommended replacement for this as long as there is a slope indicator?

Thank you ,
Attached Image (click to enlarge)
Click to Enlarge Name: Picture1.png Size: 56 KB
Attached File(s)
File Type: ex4 @TMSTDI_WatchDog.ex4   23 KB | 447 downloads
  • #40,068
  • Jul 24, 2014 12:50pm Jul 24, 2014 12:50pm
sorry to hear about your mother, glad shes getting better. having issues with sick relatives at the moment

can you comment on if you are holding trades only intraday or over a few days. have had a successful TMS week after following your 4H template and only taking trades with the higher trend, this time defined easily by watching the D1 mtf TDI. this is a potentially exciting development for me having struggled with TMS for some time now

thanks for your mod and look forward to hearing your reponse.



Quoting lastingwell
{quote} I wish it was a vacation. Had to go to my mothers because she has been unwell but she's on the mend now....if its not one parent its another As far as exit strategies go I'm not really very good at them on the longer timeframes. I promise myself I will go to the next supply/demand area or when the higher timeframe tdi starts to turn, but if I see a decent amount of pips I tend to take them
  • #40,069
  • Jul 24, 2014 1:02pm Jul 24, 2014 1:02pm
Quoting pastecopy
Anyone still using this TDI with a slope indicator? It seems unable to function properly due to 600++ build? The text overlapped each other. Or any recommended replacement for this as long as there is a slope indicator? Thank you, {image} {file}
I tried it out the other day but wasn't too keen on it. If you double click on the words and hit delete the words will disappear that shouldn't be there and the ones that should be there will come back when the price moves a tick.
  • #40,070
  • Jul 24, 2014 1:05pm Jul 24, 2014 1:05pm
Quoting pastecopy
Anyone still using this TDI with a slope indicator? It seems unable to function properly due to 600++ build? The text overlapped each other. Initial load on chart produces no problem but when you save it as a template and load on other chart, text overlapped is seen. Or any recommended replacement for this as long as there is a slope indicator? Thank you , {image} {file}
on the chart, right click and open Options and delete the text for the overlap on TDI Watchdog. That should fix it
"To live with Passion, it takes Courage and Grace to survive"
  • #40,071
  • Jul 24, 2014 1:48pm Jul 24, 2014 1:48pm
Quoting blamshakk
sorry to hear about your mother, glad shes getting better. having issues with sick relatives at the moment can you comment on if you are holding trades only intraday or over a few days. have had a successful TMS week after following your 4H template and only taking trades with the higher trend, this time defined easily by watching the D1 mtf TDI. this is a potentially exciting development for me having struggled with TMS for some time now thanks for your mod and look forward to hearing your reponse. {quote}
Sick relatives are not good that's for sure

I'm really glad you're finding the template useful, I certainly like it As far as holding trades. I try to hold them but I don't always manage it Very often if a trade gets to 100 pips I will take that if on H4 but I would prefer to be able to hold out for longer if everything still looks good, that is definitely a weakness I'm trying to overcome.
  • #40,072
  • Jul 24, 2014 10:52pm Jul 24, 2014 10:52pm
Quoting pastecopy
Anyone still using this TDI with a slope indicator? It seems unable to function properly due to 600++ build? The text overlapped each other. Initial load on chart produces no problem but when you save it as a template and load on other chart, text overlapped is seen. Or any recommended replacement for this as long as there is a slope indicator? Thank you , {image} {file}
The author of the indicator talked about this problem here:
http://www.forexfactory.com/showthre...39#post4719439
  • #40,073
  • Jul 25, 2014 4:53am Jul 25, 2014 4:53am
Hi Pax,

Keep its simple I just trade the TDI cross and candle entry on the 4 hour chart, checking the charts 6-630 am only UK time and made 355 points in July with two losing trades.
  • #40,074
  • Jul 25, 2014 5:28am Jul 25, 2014 5:28am
To those trading H1, you guys reading Phx62 eBooks, this is a trade I learnt from the master, has investigate a lot until I found a way to take such trades even before TDI confirm the trade, but a previous cross is mandatory for this kind of trade

Please continue studying and reading from this great thread seniors and hang on , day in day out improve on your discipline, and you reach the goal

I sincerely appreciate and thanks all those that kept this thread alive, and gave us an edge into trading this market
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #40,075
  • Jul 25, 2014 6:42am Jul 25, 2014 6:42am
Quoting Britpip7
{quote} Big E typically did not trade Friday and Sunday
When you say that Big E didn't trade on Sunday, do you mean Sunday pacific time? ie he didn't trade the 4H chart during the night from sunday to monday? Means he didn't trade the Monday London session (Monday London time)?
  • #40,076
  • Jul 25, 2014 7:58am Jul 25, 2014 7:58am
Quoting 4xgmp
{quote} When you say that Big E didn't trade on Sunday, do you mean Sunday pacific time? ie he didn't trade the 4H chart during the night from sunday to monday? Means he didn't trade the Monday London session (Monday London time)?
The Sunday candle is from 3pm to 5pm Pacific

London Open would be on the Monday candle, so he traded Monday through Thursday London Open and NY Open
"To live with Passion, it takes Courage and Grace to survive"
  • #40,077
  • Jul 25, 2014 8:36am Jul 25, 2014 8:36am
Quoting pastecopy
Anyone still using this TDI with a slope indicator? It seems unable to function properly due to 600++ build? The text overlapped each other. Initial load on chart produces no problem but when you save it as a template and load on other chart, text overlapped is seen. Or any recommended replacement for this as long as there is a slope indicator? Thank you , {image} {file}
East fix - goto Object list and delete the previous Pair inputs.
  • #40,078
  • Jul 25, 2014 9:45am Jul 25, 2014 9:45am
Quoting blamshakk
abibas please see britpip's thread trading made simple for day charts: http://www.forexfactory.com/showthread.php?t=334035 all the information / indicators/template is there {quote}
Thanks for the information
  • #40,079
  • Jul 26, 2014 9:21am Jul 26, 2014 9:21am
Thoughts on AUD/NZD

Full retrace completed

All open positions closed - PA stalls @ 1.1000

Friday Candle is a pull back / pin bar which copies the Thursday candle - both days fail to close above 1.1000 and appears to be holding short of the Supply Zone created by the previous highs in early June.

TDI angle and strength is strong as is EMA7, however TDI is heading towards the OverSold region. Most other indicators are showing this pair as OverSold on Day.

The weekly range is 540pips which started back in Jan 2014 - 1.1000 is the high of that range.

Depending on what the Monday PA does, this may well be a reversal candidate - way too early for setting entries at this point unless you are gambling - I am watching this on for a reversal candle pattern and a TDI and EMA 7 flattening before any decisions to go short.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDDaily 7-26-2013.png Size: 55 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #40,080
  • Jul 26, 2014 9:32am Jul 26, 2014 9:32am
EUR/AUD is giving signs of reversal with a bounce off of the Demand Zone by 100pips, but no signs of reversal on TDI or EMA7 at this point. Another one for the watch list

Key Weekly S/R numbers are all BRNS - 1.4000 / 1.4500 / 1.5000 and as Big E would often point out, these seem to attract the PA.

EJ would also be worth watching
Attached Image (click to enlarge)
Click to Enlarge Name: eurauddaily 7-26-2013.png Size: 54 KB
"To live with Passion, it takes Courage and Grace to survive"
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