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  • #66,261
  • Feb 26, 2016 11:24am Feb 26, 2016 11:24am
Hi to all... Is there any way to create TDI indicator? I mean to combine rsi and moving avarge... O use a platform which dont have a tdi indicator... so I want to create it with coming others inidcator.. Can I do that?
  • #66,262
  • Feb 26, 2016 11:25am Feb 26, 2016 11:25am
Hello guys , I'D like to receive feedback on an idea I had. If we opened four accounts with four different setup times on the platforms , we would virtually have 24 occasions per day to trade the H4 candles.

For example, four platforms with 4 different time zones : GMT, GMT+1, GMT+2, GMT+3.

Any thoughts?
It's not over, until I win.
  • #66,263
  • Feb 26, 2016 11:29am Feb 26, 2016 11:29am
Quoting skljsklj1
Hi to all... Is there any way to create TDI indicator? I mean to combine rsi and moving avarge... O use a platform which dont have a tdi indicator... so I want to create it with coming others inidcator.. Can I do that?
some non-MT4 trading platform do have in its customs indicator what they call Moving Averages of the Relative Strength Index...

Attached Image (click to enlarge)
Click to Enlarge Name: Moving Averages of RSI.png Size: 31 KB


or you can create the Fozzy RSI:

How to create the TDI using the RSI available in other platform: Post#15,546

Fozzy RSI Method Post#59,617

Read this book
RSI: The Complete Guide Post#27,110 by John Hayden
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,264
  • Feb 26, 2016 11:39am Feb 26, 2016 11:39am
Quoting ItaTrader93
Hello guys , I'D like to receive feedback on an idea I had. If we opened four accounts with four different setup times on the platforms , we would virtually have 24 occasions per day to trade the H4 candles. For example, four platforms with 4 different time zones : GMT, GMT+1, GMT+2, GMT+3. Any thoughts?

there are 24 H1 candles every day therefore you have 24 opportunities to be in the market when you trade the D1 chart.
but every H1 candle is news candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,265
  • Feb 26, 2016 11:42am Feb 26, 2016 11:42am
Quoting TheScorpS
{quote} I am more than willing to help I watch the pair and TDI first before I decide to move stop loss to break even, if momentum and TDI confirm continuation , I move stop loss to break even since most likely I might be safe in this trade to hit TP beofre taking me out at BE, if my analysis was structure based , then if momentum picks while am on the trade, with good time of the day like LO opens or NYO opens then I will try and move TP to +100 pips , more or less Now I dont move my stop loss to break even if PA and TDI confirm a continuation...

thanks TSS.
now I know your thoughts behind those trades you posted.
I think cavemanager will work for those who asked me to help set it up to manage their H1 trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,266
  • Feb 26, 2016 11:48am Feb 26, 2016 11:48am
Quoting PipCity6
UPDATE: Just as planned for AUD/USD. It formed a double top for me at a key resistance level. Left a Take Profit at .71661 {image}

very good spot of that double top which is also Feb MN high.

very well taken trade...

Next week/month we may see more continuation selling, so I have my plan ready.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,267
  • Feb 26, 2016 11:52am Feb 26, 2016 11:52am
Quoting jben10000
Correct. and I want Inside bar Indicator.

here, all the Price Action stuff we talk about in this thread:

Profiting in Forex Post#20,118 by Steve Nison
Three powerful forex pattern pdf... Post#20,110
Hikkake: Post#16,419
Inside Bar : Post#42,301
Mother Bar : Post#55,045
Master Candle : Post#28,556 pdf in Post#25,594
Master Candle (3): Post#54,546
WRB introduction in the pdf TMS 5-Method Basic Rules: Post#53,842
Wide Range Bar study: Post#54,551
Candlestick Patterns PASR for trading TMS Post#23,202 Post#28,601
Candlestick Reversal Patterns Post#17,049

you need time to catch up on these.

Have Fun and Enjoy the Learning.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,268
  • Feb 26, 2016 11:59am Feb 26, 2016 11:59am
Quoting Trader MT4
Hello Friends, Emm, and others who help me After many years I am first time Winner trader, after change small TF to H4 and Daily THANKS ALL OF YOU WHO HELP ME DAN {image}

WOW! Very good start.

You did all the hard work yourself.
I did the easy part when I answer all your posts questions except may 2 posts which I did not reply you.

Now that you completed 5 trading days, do you believe in making 10% every 20 trading days is possible?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,269
  • Feb 26, 2016 12:07pm Feb 26, 2016 12:07pm
Quoting jben10000
Is this correct opportunity? {image}

at the time of your post, those APB candles with small body is indication of phase change but there is no bearish momentum.

we are trading in the Weekly Inside Bar, and this is opportunity ahead next week/month for breakout 4H swing trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,270
  • Feb 26, 2016 1:38pm Feb 26, 2016 1:38pm
Quoting emmanuel7788
{quote} WOW! Very good start. You did all the hard work yourself. I did the easy part when I answer all your posts questions except may 2 posts which I did not reply you. Now that you completed 5 trading days, do you believe in making 10% every 20 trading days is possible?

Yes Emm, I believe you!

Thanks again,

Dan
  • #66,271
  • Feb 26, 2016 1:56pm Feb 26, 2016 1:56pm
DECISION and INDECISION Japanese Candles
Attached Image (click to enlarge)
Click to Enlarge Name: candles.PNG Size: 71 KB
Attached File(s)
File Type: pdf CANDLES.pdf   87 KB | 756 downloads
  • #66,272
  • Feb 26, 2016 3:10pm Feb 26, 2016 3:10pm
Quoting emmanuel7788
{quote} some non-MT4 trading platform do have in its customs indicator what they call Moving Averages of the Relative Strength Index... {image} or you can create the Fozzy RSI: How to create the TDI using the RSI available in other platform: Post#15,546 Fozzy RSI Method Post#59,617 Read this book RSI: The Complete Guide Post#27,110...
Thank you!
  • #66,273
  • Feb 26, 2016 3:39pm Feb 26, 2016 3:39pm
Quoting Trader MT4
DECISION and INDECISION Japanese Candles {image} {image}
Thank you Trader MT4
  • #66,274
  • Feb 26, 2016 5:59pm Feb 26, 2016 5:59pm
Quoting Trader MT4
DECISION and INDECISION Japanese Candles {image} {image}
Thanks buddy! Love the chart!
  • #66,275
  • Feb 26, 2016 7:48pm Feb 26, 2016 7:48pm
Quoting makron
{quote} Scorps, are you trade only EA? Why this pair?
I made the call to trade only 1 pair and thats EA, will be trading it only, as many traders here know that I have been trading with EU - GU - EJ - GJ - EA and Gold , 6 pairs , but what I notice is I loose concentration

Recently I found that most of my trades are executed on EJ - GJ and EA , and majority of them are on EA, so why not trade one pair as Phx62 does it , so far the advantage is good

Next comes to know when the pair is consolidating, and here I have GJ as backup plan , so EA mainly and GJ as backup plan
I Have Learned to Take Some Losses to Make Profits
  • #66,276
  • Feb 26, 2016 8:27pm Feb 26, 2016 8:27pm
Quoting TheScorpS
Trading EA so far for the day + 20 long + 17 and + 32 shorts {image}
scorps, any reason why you took out your long before target
the cautious seldom err....C
  • #66,277
  • Feb 26, 2016 9:10pm Feb 26, 2016 9:10pm
Quoting pips29
{quote} scorps, any reason why you took out your long before target
Hi Pips

No exact reasons bro, just my lack understanding of TMS in that trade, I almost was expecting a deep retracement or a reversal, whatever comes, so had to take what I had at that stage, later on as u seen it, continued to tp

I had another long on EA when it pullbacks after news , went +40 pips then pullback and closed at 10 pips profit

Had a re-entry but call off the day, that re-entry was 1 way 50 pips
Attached Image (click to enlarge)
Click to Enlarge Name: win-loss.jpg Size: 367 KB
I Have Learned to Take Some Losses to Make Profits
  • #66,278
  • Feb 26, 2016 11:04pm Feb 26, 2016 11:04pm
Quoting pete.alfa
{quote} Thank you Trader MT4
Hi Pete
I like that traders in that amazing Thread.
I learn very much from people here

Dan
  • #66,279
  • Feb 27, 2016 12:26am Feb 27, 2016 12:26am
Quoting TheScorpS
{quote} Hi Pips No exact reasons bro, just my lack understanding of TMS in that trade, I almost was expecting a deep retracement or a reversal, whatever comes, so had to take what I had at that stage, later on as u seen it, continued to tp I had another long on EA when it pullbacks after news , went +40 pips then pullback and closed at 10 pips profit Had a re-entry but call off the day, that re-entry was 1 way 50 pips {image}
I reckon it's just nerve and it comes with trading live. I get affected too and thanks for an honest answer and I can tell you it's not your lack of understanding at all..we are only human..I will follow you as I like honesty
the cautious seldom err....C
  • #66,280
  • Feb 27, 2016 1:41am Feb 27, 2016 1:41am
Quoting mkfx
{quote} Hi Emmanuel, I will create a separate 50K demo account in next week but I did some trades in existing demo account . Most of these were good. Please couple of trades were reached to 200 to 300 pips in loss so i closed and did not wait to hit 400 pips hard SL. Please advice when to close the basket to cut the losses , which is most important part of Me/ME system. Please advice when trades is not in our favor what is the point of smart loss cut. Thanks {image} {image}

Hi mkfx,

I am not sure if you had done your monthly trade plan for these 2 trades.
It is important to do your top down analysis and know if there is D1 position trading opportunity.

GBPJPY -
GJ - you entered the market very late in the month when the trend had ran for many days.
TMS core belief - price swing run for 3 to 8 candles. you need to see very good reason when you want to enter after the 5th candle.

did you look at your weekly chart at the beginning of the week before you decided to trade the D1 chart this week?
where is the weekly 2-bars look back on Monday this week? worst case scenario when market retraces that deep.

if you enter sell on 24 Feb, where is the 2-bars look back on your D1 chart? this is where you can cut loss when market retraces to this 2-Day look back.
before the Weekly 2-bars look back.

what is the pips distance between your GJ orders? i don't think you use the 0.5ADR as minimum pips distance between every ME trades.

Attached Image (click to enlarge)
Click to Enlarge Name: mkfx GJ D chart trading.png Size: 178 KB


NZDUSD - there is no D1 position trading with MEME as market is sideways. very obvious on Monthly and Weekly.


its weekend now, time to look at your charts and do your top down analysis and prepare for the new trading month.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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