its not a valid short trade as you correctly said because the TDI is crossing upwards.
however why did you mention that the yellow MBL is above. that does not invalidate a short trade, because in a short trade the MBL *should* be above the TDI
its not a valid short trade as you correctly said because the TDI is crossing upwards. however why did you mention that the yellow MBL is above. that does not invalidate a short trade, because in a short trade the MBL *should* be above the TDI {quote}
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Yes I know but the whole set up is invalid because of the tdi pointing up, and is way down low, basic stuff I don't think some people have understood th elastic set up
Hi all. As I am in China now, I will answer your questions tomorrow or weekend.
My USDCAD daily chart hit TP according to method 1.Â
EURUSD 4H METHOD 2 also hits TP.Â
Hi all. As I am in China now, I will answer your questions tomorrow or weekend. My USDCAD daily chart hit TP according to method 1. EURUSD 4H METHOD 2 also hits TP.Â
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Ok we will wait for your answers! By the way could you also show us your last trade (USDCAD daily TF and EURUSD 4hr TF)?
Here is a trade i took at the same level of the candle that made the cross. Stocastic below 20, green line cross the red line and both are below yellow line on tdi indicator.
Mehdi343 Good night, positive trade today, + 41 pips.
You follow the news when qua of the signal and Sydney / Tokyo open, AUD / JPY / NZD, the market tends to follow the direction of the news. Where to put your SL happens when a large candle?[attach]1916282
{quote} At the start of 4H or daily candle. Welcome .
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Hi mehdi343,
Thanks for a nice simple method. I have a quick question just for clarification...you say you open trades only at the start of the daily candle...and your start to the day is the Sydney session? My broker's daily candle opens four hours after Sydney starts...so should I definitely wait until the broker candle opening or start looking for trades at the Sydney open? Thanks for any light you can shed on this matter.
Mehdi343 Good night, positive trade today, + 41 pips. You follow the news when qua of the signal and Sydney / Tokyo open, AUD / JPY / NZD, the market tends to follow the direction of the news. Where to put your SL happens when a large candle?[attach]1916282 {image}
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When candle is big i will reduce lot size but SL should be bellow the last candle.Â
{quote} Hi mehdi343, Thanks for a nice simple method. I have a quick question just for clarification...you say you open trades only at the start of the daily candle...and your start to the day is the Sydney session? My broker's daily candle opens four hours after Sydney starts...so should I definitely wait until the broker candle opening or start looking for trades at the Sydney open? Thanks for any light you can shed on this matter.
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Hello
Yes i usually start for daily chart when Sydney market opens. I suggest you open a demo account in the other broker to see the daily candle as soon as it opens. Then you can trade based on your own broker when you see signal on demo account.Â
Here is a trade i took at the same level of the candle that made the cross. Stocastic below 20, green line cross the red line and both are below yellow line on tdi indicator. Let's see how it plays! {image}
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I did the same but because i cannot chech the charts today. I put TP for this trade.Â
Hi all
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I hope you enjoy this system. I shared this for free here to show it is possible to earn money from markets. If I could do this you can as well.Here is my statistic data for the current week.Â
Average spending time : 1hour / day
Total profits of the week : 1178 pips
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I do not need to show the proof because you can do this by yourself in future weeks.Â
Do i need to trade today? I dont think so.
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Try to make it clear for your mind. If mehdi can i can as well.Â
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Just follow simple rules that i mentioned. Waiting to hear good results from you. !!!!!!
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