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Trading Made Simple

  • #46,381
  • Dec 11, 2014 5:19am Dec 11, 2014 5:19am
What are your thoughts on USDJPY. Nice TDI Cross, Could retrace, Guppys nice and tight, 200sma pointing up. But sat in the middle of the PAC and already reached ADR.

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.PNG Size: 44 KB
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,382
  • Dec 11, 2014 5:28am Dec 11, 2014 5:28am
Quoting nods80
What are your thoughts on USDJPY. Nice TDI Cross, Could retrace, Guppys nice and tight, 200sma pointing up. But sat in the middle of the PAC and already reached ADR. {image}
Hi Nods,

I am looking at UJ as well but am waiting for price to show a strong candle crossing the PAC and Guppys before taking a trade (targeting 121.70)

Cheers
PS
  • #46,383
  • Dec 11, 2014 5:35am Dec 11, 2014 5:35am
Quoting pipsaurus
{quote} Hi Nods, I am looking at UJ as well but am waiting for price to show a strong candle crossing the PAC and Guppys before taking a trade (targeting 121.70) Cheers PS
Thanks. That lines up with thoughts of waiting for it to break the resistance at 118.970
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,384
  • Dec 11, 2014 5:37am Dec 11, 2014 5:37am
I'm going to explain how i'm going to use TMS strategy toward an exemple.
On EJ we have a valid TDI cross. Moreover wi are above a chartist resistance (2 trend lines). I admit the are not the strongest lines (one is buil on other line reporting and other is not an evident support. But the idea is to show you the spirit. There could be better configuration i took the first correct that happened.
For money management i take 3 positions. The stop is set at buy to the lastest low for the 3 positions. Then i use fibs to close the 2 first positions. As target on is reached i move stop to break even level. Target 3 will be the trend line but there could be no fixed tp for letting run the trade in swing.
Attached Image (click to enlarge)
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  • #46,385
  • Dec 11, 2014 5:37am Dec 11, 2014 5:37am
Hi folks,
I took some days off and now back on the charts.

I entered LONG on EUR/JPY and USD/JPY at 11.00am (gmt+1) on H4 chart.
for now E/J is going decently well while U/J is still in the red pips, not too bad.

EJ (SL to BE+2)
Attached Image (click to enlarge)
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UJ
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Click to Enlarge Name: adsffad.PNG Size: 36 KB


cheers
Lorenzo
  • #46,386
  • Dec 11, 2014 5:40am Dec 11, 2014 5:40am
Quoting lorbax
Hi folks, I took some days off and now back on the charts. I entered LONG on EUR/JPY and USD/JPY at 11.00am (gmt+1) on H4 chart. for now E/J is going decently well while U/J is still in the red pips, not too bad. EJ (SL to BE+2) {image} UJ {image} cheers
Great to see your back lorbax! Good luck with your trades mate
  • #46,387
  • Dec 11, 2014 5:46am Dec 11, 2014 5:46am
Hi everyone i want to ask about d.o.t.s system method by dean malone if any one use this indicator its agood indicator or not because iwant to use it with TDI
  • #46,388
  • Dec 11, 2014 5:53am Dec 11, 2014 5:53am
Quoting firas1980
Hi everyone i want to ask about d.o.t.s system method by dean malone if any one use this indicator its agood indicator or not because iwant to use it with TDI
I was busy all week , just returned from a busines trip last night .
Coming weekend Iīll give it a try and find out if I like it the coming weeks ..
Iīm sure itīs a nice combination with the TDI ...

... but to answer your question ; I have no experience with it yet .. ask in some weeks again and youīll get a better answer.
Guido
Risiko birgt immer auch die Chance.
  • #46,389
  • Dec 11, 2014 5:55am Dec 11, 2014 5:55am
Quoting firas1980
Hi everyone i want to ask about d.o.t.s system method by dean malone if any one use this indicator its agood indicator or not because iwant to use it with TDI
Snarlyjack uses DOTS, a lot of us don't, personally I don't see a need for it, but some find it useful.
  • #46,390
  • Dec 11, 2014 6:04am Dec 11, 2014 6:04am
My first entry this week ..
For me it looked nice when I opened. ( Demo )
TDI had a very steep cross , stoch on the way up .. , all fine .
Support below my bars .

Iīm - 38 pips now and soon , at - 45 Iīll kick it out .
Itīs a sloppy pair and my max risk limit for this is reached soon .
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png 11.12..png Size: 41 KB
Risiko birgt immer auch die Chance.
  • #46,391
  • Dec 11, 2014 6:12am Dec 11, 2014 6:12am
Quoting adikashyap
FIRST 50+ on a full lot .... Dedicated to Big E and Phx62 ..... {image}
That repeatable, but just build your strategy with enough data, and these trades can be taken again and again , well done

Toldeo, Awesome as always, I had some issues with trading platfoorm am closed mine with +3 from mobile
I Have Learned to Take Some Losses to Make Profits
  • #46,392
  • Dec 11, 2014 6:25am Dec 11, 2014 6:25am
Quoting lastingwell
{quote}Snarlyjack uses DOTS, a lot of us don't, personally I don't see a need for it, but some find it useful.
If your are referring to the DOTS indicator that Dean Malone is selling then SJ recommended that I use the attached indicator. Kudos for the indicator to lastingwell. And I use the adr indicator instead of Dean's ADR calculator.

EDIT: the zip contains all of the other synergy pro indicators and templates.

Attached File(s)
File Type: ex4 II_SupDemMOD.ex4   20 KB | 385 downloads

Attached File(s)
File Type: ex4 !SM_ADR Marker.ex4   12 KB | 406 downloads

Attached File(s)
File Type: zip Synergy Pro.zip   2.3 MB | 818 downloads
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,393
  • Dec 11, 2014 6:29am Dec 11, 2014 6:29am
Quoting Sesamstrasse
My first entry this week .. For me it looked nice when I opened. ( Demo ) TDI had a very steep cross , stoch on the way up .. , all fine . Support below my bars . Iīm - 38 pips now and soon , at - 45 Iīll kick it out . Itīs a sloppy pair and my max risk limit for this is reached soon . Guido {image}
tdi not slope enough to enter a trade on usdjpy i also saw it
  • #46,394
  • Dec 11, 2014 6:35am Dec 11, 2014 6:35am
Quoting radiant army
{quote} tdi not slope enough to enter a trade on usdjpy i also saw it
I entered exactly at candle open , with a wonderful TDI cross ..
This TDI is just a little " repainting " so it looks not perfect right now .. but at the beginnning of the candle, all was fine .. steep angle at the cross .( 12-2 )

The big answer , why not every trade can be profitable is :
Nothing is 100 % .. and sometimes it just donīt work ..
Guido
Risiko birgt immer auch die Chance.
  • #46,395
  • Dec 11, 2014 6:38am Dec 11, 2014 6:38am
Quoting Sesamstrasse
{quote} I entered exactly at candle open , with a wonderful TDI cross .. This TDI is just a little " repainting " so it looks not perfect right now .. but at the beginnning of the candle, all was fine .. The big answer , why not every trade can be profitable is : Nothing is 100 % .. and sometimes it just donīt work .. Guido

I think just a little pull back. Uptrend will resume.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,396
  • Dec 11, 2014 6:42am Dec 11, 2014 6:42am
Quoting nods80
{quote} I think just a little pull back. Uptrend will resume.
Yes, cross was excellent and technically trade still active... but as Sesamstrasse says not everything is 100%
  • #46,397
  • Dec 11, 2014 6:45am Dec 11, 2014 6:45am
Quoting griffinssoul
{quote} Yes, cross was excellent and technically trade still active... but as Sesamstrasse says not everything is 100%
I think its just profit taking before the US news
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,398
  • Dec 11, 2014 6:59am Dec 11, 2014 6:59am
Quoting nods80
{quote} I think its just profit taking before the US news
EU is shooting down... hard to tell if thats a good sign or delayed from earlier???
  • #46,399
  • Dec 11, 2014 7:01am Dec 11, 2014 7:01am
Quoting Sesamstrasse
{quote} I entered exactly at candle open , with a wonderful TDI cross .. This TDI is just a little " repainting " so it looks not perfect right now .. but at the beginnning of the candle, all was fine .. steep angle at the cross .( 12-2 ) The big answer , why not every trade can be profitable is : Nothing is 100 % .. and sometimes it just donīt work .. Guido
Agree 100% on what you say mate.
Cross was perfect when we entered (as we took the same trade) and from my screenshot you all can see it, although I took it few minutes afterwards.

As much as 100% doesn't exist, total randomness doesn't exist. It's a matter of surfing on the edges of probability waves....
I'm such a poet sometimes, I don't even know why I'm not rich selling poetry books
Lorenzo
  • #46,400
  • Dec 11, 2014 7:03am Dec 11, 2014 7:03am
I have another enty on eu , H4. We are bouncing over the last bearish leg fib ratio and a trend line. TDI signal is valid. I short.
Attached Image (click to enlarge)
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