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Lower risk, stress free TDI system

  • #201
  • May 1, 2016 6:11pm May 1, 2016 6:11pm
Quoting sholdea
{quote} with 28 pairs and posibility to open from it the charts for the pairs who respect all conditions will be nice
Good, but what is your plan for rebounds?
  • #202
  • May 1, 2016 6:56pm May 1, 2016 6:56pm
currently watching NZD/CAD for a potential method one trade
  • #203
  • Edited 7:47pm May 1, 2016 7:00pm | Edited 7:47pm
For long term traders: look at EURUSD weekly chart !!!
  • #204
  • May 1, 2016 7:05pm May 1, 2016 7:05pm
Quoting justomonla
currently watching NZD/CAD for a potential method one trade
there's no method 1 trade coming up in nzdcad....
Take this course: https://shorturl.at/upBey
  • #205
  • May 1, 2016 7:06pm May 1, 2016 7:06pm
Quoting mehdi343
For long term traders: look and EURUSD weekly chart !!!
Hey mate loving the thread great ideas looking at things I didn't notice too. So you take weekly set ups using method 1? It does look good on EUR/USD. How about Daily trades do you trade the Monday candle? My day starts at 7am as im in Aus that is Sydney open
  • #206
  • May 1, 2016 7:12pm May 1, 2016 7:12pm
Quoting JayS45
{quote} Hey mate loving the thread great ideas looking at things I didn't notice too. So you take weekly set ups using method 1? It does look good on EUR/USD. How about Daily trades do you trade the Monday candle? My day starts at 7am as im in Aus that is Sydney open
I prefer 4H, Daily and Weekly charts because I am looking for stress free trades. On EU Daily , I cannot see the signal for now but weekly gives a good one.
  • #207
  • May 1, 2016 10:23pm May 1, 2016 10:23pm
Quoting ranger_lp
{quote} Working on it....need to test.... {image}
Looking nice ranger, I was thinking about that as well.
What makes a good EA ... low drawdown, consistent profit!
  • #208
  • May 1, 2016 11:42pm May 1, 2016 11:42pm
Quoting mehdi343
{quote} I myself prefer to look at the charts instead of an EA because I can feel the possibility of the trend according to stochastic behavior. 1) no , I prefer to focus on the candle size instead of S/R lines. If I see a strong confirmation, I will open a trade. 2) SL should be before the last candle. After first 20-25 PIPs I will move the SL to 5 pips above the open position. for TP I look at the TDI to see if we have opposite cross or when stochastic leaves the 20-80 area 4) I will wait until the candle corresponding the cross or rebound closed,...
Ok thanks! So once you are in a trade you check it during the day to move the sl at breakeven + 5 pips, and you eventually exit from the trade when the candle CLOSES below above 80 / 20 stochastic /once you have opposite signal in tdi. I am asking you, do you intentionally exit the trade once the candle CLOSES below above 80 / 20 stochastic / once you have opposite signal in tdi or you intentionally close the trade if that happen during the opening candle time?Thanks so much!
  • #209
  • May 1, 2016 11:46pm May 1, 2016 11:46pm
Quoting Candle-
Olaaaa in the moment i study old charts and found this realy bad setup (method 2). I thought its a good example for Resistance. Maybe it helps someone to identify bad signs. Positive: -Steep cross above the MBL -Slope bends in tradedirection -Stoch steep on the 50 Bad signs: -Daily Resistance -BRN (00) Resistance -feast day -Huge TDI Resistance (Trigger and TDI 50) -Entry friday The facts crying to be stay out. Maybe a little trade till the BRN in H4. {image} best wishes Candle

Is it possible to trade there seems to be Rand S all over your chart, maybe ignore it and see how price behave if it retrace go out if it breaks stay ?

Best regards
  • #210
  • May 1, 2016 11:48pm May 1, 2016 11:48pm
Mehdi so far your system seems really good but how will it deal with consolidating markets ?

Best regards
  • #211
  • May 2, 2016 12:09am May 2, 2016 12:09am
Quoting mehdi343
{quote} I prefer 4H, Daily and Weekly charts because I am looking for stress free trades. On EU Daily , I cannot see the signal for now but weekly gives a good one.
Are you sure? At this level there is a strong resistance, i would ignore this signal

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  • #212
  • May 2, 2016 12:27am May 2, 2016 12:27am
Quoting jgadefelth
{quote} Is it possible to trade there seems to be Rand S all over your chart, maybe ignore it and see how price behave if it retrace go out if it breaks stay ? Best regards
Good Morning jgadefelth,

dont know if i get you right. Dont be confused. Ive replaced the normal gridlines with the important BRNs (dotted lines) 00, 20, 50, 80 and make it colored. So i dont have to check the rate. Only see "uhhh red its 00". The other lines are the important monthly and weekly lines. (its a personal)

The PA and TDI-Trigger tell you the reaction of the resistance. Lets say your long trade runs and now the PA is near a huge resistance with monthly resistance. If your trigger goes flat and PA is ok its normally NOT a sign to directly jump out. But at this point you know a reversal can be started in face of the huge resistance. According to the origin TMS you exit and search your next entry at a bounce if it reaches the resistance ore wait for a reversal.

Use the simulator and study old charts. You will see often if theres momentum and when the trend begins resistance will breach. And the longer a trend runs the more its susceptible for resistance. Nobody can tell you that in words. Get a feeling for it.

best wishes

Candle
"Repetition is the mother of skill"
  • #213
  • May 2, 2016 1:09am May 2, 2016 1:09am
Quoting Usmahn
Just took this trade Short Gbp/Cad on 4 hour chart. {image}
​The stoch has clearly been heading up from below 20, why would you the go short just because of a small hook over? I would only take them short if the stoch has been heading down from 80 area heading south
  • #214
  • May 2, 2016 1:25am May 2, 2016 1:25am
Quoting Candle-
{quote} Good Morning jgadefelth, dont know if i get you right. Dont be confused. Ive replaced the normal gridlines with the important BRNs (dotted lines) 00, 20, 50, 80 and make it colored. So i dont have to check the rate. Only see "uhhh red its 00". The other lines are the important monthly and weekly lines. (its a personal) The PA and TDI-Trigger tell you the reaction of the resistance. Lets say your long trade runs and now the PA is near a huge resistance with monthly resistance. If your trigger goes flat and PA is ok its normally NOT a sign...
can you share the mt4 simulator file you use? thanks
  • #215
  • May 2, 2016 2:01am May 2, 2016 2:01am
Hello folks can anyone give me piivot point indicator. btw i am new to this system and using it to make some green pips. i will upload charts later.
  • #216
  • May 2, 2016 2:01am May 2, 2016 2:01am
Quoting shadowbroker
{quote} can you share the mt4 simulator file you use? thanks
Yep

Simulator Thread
http://www.forexfactory.com/showthread.php?t=70742

Attached File(s)
File Type: pdf Instruction.pdf   376 KB | 1,526 downloads

Attached File(s)
File Type: zip Trade_Simulator_Installer.zip   120 KB | 787 downloads

Attached File(s)
File Type: zip Trade_Simulator_Files.zip   37 KB | 737 downloads


Period Converter
http://www.forexfactory.com/showthre...22#post8899422


best wishes

Candle
"Repetition is the mother of skill"
  • #217
  • May 2, 2016 2:15am May 2, 2016 2:15am
Quoting Candle-
{quote} Yep Simulator Thread http://www.forexfactory.com/showthread.php?t=70742 {image} {file} {file} Period Converter http://www.forexfactory.com/showthre...22#post8899422 best wishes Candle
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My friend i have question? do you use support and resistance lines on your chart before jump in the market? sorry for my bad english i am not native english speaker
  • #218
  • May 2, 2016 2:18am May 2, 2016 2:18am
Quoting lotsofsweet
{quote} \ My friend i have question? do you use support and resistance lines on your chart before jump in the market? sorry for my bad english i am not native english speaker
Many people use it.

http://www.babypips.com/school/eleme...the-lines.html

best wishes
"Repetition is the mother of skill"
  • #219
  • May 2, 2016 2:22am May 2, 2016 2:22am
Does anyone see any good setup in any pair?
  • #220
  • May 2, 2016 2:23am May 2, 2016 2:23am
Quoting Candle-
{quote} Many people use it. http://www.babypips.com/school/eleme...the-lines.html best wishes
Yes i know how to draw support and resistance lines manually or by any software?
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