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TMS and Me

  • #61
  • Nov 9, 2014 9:18am Nov 9, 2014 9:18am
Exactly! It's especially difficult when my job is done on computer.
It's so easy to switch to my charts and close trades before they realize full potential.

Sometimes I would concentrate on my work so much I forgot about trading.
If I was already in a trade when this happen, I usually make pretty good pips.

Big E's approach of going to bed after entering trades was really perfect when you think about it this way.
Everything you can imagine, is real - Pablo Picasso
  • #62
  • Nov 9, 2014 10:15am Nov 9, 2014 10:15am
Quoting Direwolf
Exactly! It's especially difficult when my job is done on computer. It's so easy to switch to my charts and close trades before they realize full potential. Sometimes I would concentrate on my work so much I forgot about trading. If I was already in a trade when this happen, I usually make pretty good pips. Big E's approach of going to bed after entering trades was really perfect when you think about it this way.
Setting and forgetting is by far the best approach to trading
  • #63
  • Edited 6:38pm Nov 9, 2014 6:24pm | Edited 6:38pm
XTIUSD h1. Never traded this pair before, no idea what lot size to use. Turned out I'm risking only 1/20 of my normal trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-11-10_0721.png Size: 34 KB
Everything you can imagine, is real - Pablo Picasso
  • #64
  • Edited 8:51pm Nov 9, 2014 8:23pm | Edited 8:51pm
ok.... if it hit TP I'll make 4 more cents. +52 cents right now lol.
Going to leave it alone and hit the gym.
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Everything you can imagine, is real - Pablo Picasso
  • #65
  • Nov 9, 2014 8:50pm Nov 9, 2014 8:50pm
Quoting Direwolf
XTIUSD h1. Never traded this pair before, no idea what lot size to use. Turned out I'm risking only 1/20 of my normal trade. {image}
So intrigued by the raw tdi method. When the eyes are properly trained towards taking these setups, one will make money overtime.
  • #66
  • Nov 9, 2014 10:02pm Nov 9, 2014 10:02pm
Quick check. It missed TP by 2-3 points. TDI turning back so I'm moving SL to BE.
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Nothing else is going on this hour it seems.
Everything you can imagine, is real - Pablo Picasso
  • #67
  • Nov 10, 2014 1:15am Nov 10, 2014 1:15am
Somehow I'm still in the trade, got sooo close to BE twice TDI crossed back down so not putting my hopes up.
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Everything you can imagine, is real - Pablo Picasso
  • #68
  • Nov 10, 2014 1:51am Nov 10, 2014 1:51am
Holy crap, I had no idea what xti stood for until now
  • #69
  • Nov 10, 2014 4:08am Nov 10, 2014 4:08am
I still have no idea what it stands for. Oil I suppose?

Out at BE. It does move my direction eventually, which is nice. Always feel good to know our analysis was right, with or without pips
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Everything you can imagine, is real - Pablo Picasso
  • #70
  • Nov 10, 2014 4:08am Nov 10, 2014 4:08am
Nice thread! Will be following.
  • #71
  • Nov 10, 2014 4:15am Nov 10, 2014 4:15am
Quoting Direwolf
I still have no idea what it stands for. Oil I suppose? Out at BE. It does move my direction eventually, which is nice. Always feel good to know our analysis was right, with or without pips {image}
Google tells me it stands for west texas light oil or something
  • #72
  • Nov 10, 2014 6:24pm Nov 10, 2014 6:24pm
Hi Direwolf million Thanks for simple system very well explained, and my best wishes to you for ur marriage god bless you.

I have marked two cross on AU 4hr chart just have a look when u have time let me know is my understanding to system is good or not.

thanks

regards
jeet
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  • #73
  • Nov 10, 2014 7:02pm Nov 10, 2014 7:02pm
Hi jeetrik. Welcome and thank you for your blessing This system wasn't mine, all credits to Big E and all seniors who shared their knowledge.

TDI green were at very nice level on both your marks. The first one looks a bit flat tho while the second one looks really powerful.
A little note that the cross actually happened 1 candle after your mark. So the entry would be he start of next candle.
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It is possible for the cross to happen at candle OPEN as well which could give your cross #2 earlier entry.
Unfortunately we won't be able to see that in chart history.
Everything you can imagine, is real - Pablo Picasso
  • #74
  • Nov 10, 2014 7:14pm Nov 10, 2014 7:14pm
Example of an OPEN cross. EURJPY M30 right now. See how the cross happens at the new candle which is still forming.
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Compare to USDJPY M30 right now. The cross happened before the closed candle. I prefer this kind of cross
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These were not crosses I would trade but I want to demonstrate.
Everything you can imagine, is real - Pablo Picasso
  • #75
  • Nov 10, 2014 7:28pm Nov 10, 2014 7:28pm
Happen to spot this looking for cross to demonstrate. GBPAUD m30.
Price hasn't broken through MA to 1 side yet the way I described in earlier posts, however TDI was extremely nice so I took it.
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Everything you can imagine, is real - Pablo Picasso
  • #76
  • Nov 10, 2014 8:39pm Nov 10, 2014 8:39pm
Quoting Direwolf
Happen to spot this looking for cross to demonstrate. GBPAUD m30. Price hasn't broken through MA to 1 side yet the way I described in earlier posts, however TDI was extremely nice so I took it. {image}
Hi Direwolf, are you concerned that the TDI has broken the lower volatility band, or is that just incidental for you. Just wondering. Your thread is nice, you trade the method as laid out.
If you are good at something, never do it for free--Joker
  • #77
  • Edited 9:10pm Nov 10, 2014 8:57pm | Edited 9:10pm
Hi Jmn.

I haven't paid much attention to the band. Definitely something I need to observe more. I read from the main thread that green hitting the band could mean consolidation or side way. I usually pay attention to the levels and GBPAUD m30 is so close to oversold now.

Looking at my past trades, when price breaks in 1 direction and comes back to MA, green would usually be back inside the band too giving them enough room to move around before hitting the band again.
Everything you can imagine, is real - Pablo Picasso
  • #78
  • Nov 10, 2014 9:24pm Nov 10, 2014 9:24pm
green touching 32 so closed for +14
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EURNZD m30 yes no yes no.... no I guess. Recent down move was so strong, I want clearer up move to counter that.
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Everything you can imagine, is real - Pablo Picasso
  • #79
  • Nov 10, 2014 9:32pm Nov 10, 2014 9:32pm
Great Start Direwolf, I'm subscribed and following .

Kindest Regards
  • #80
  • Nov 10, 2014 9:39pm Nov 10, 2014 9:39pm
Thank you. Good to see you MrAussie.
Everything you can imagine, is real - Pablo Picasso
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