Method 1 seems to work better on the daily than h4, and method 2 better on h4, of course better still if your going with the trend and not oversold, overbought on the tdi
Lower risk, stress free TDI system
Dear Lotsofsweet,
When you look at Yellow MBL you see in EURJPY trade, the yellow line is below 50 line and pointing down. This shows a bearish sentiment. You are also below the 200 EMA also a bearish sign. You are trying to go long in a this environment. Weekly and daily chart pointing down. You are fighting against the flow of the market.
In your second trade EURUSD you are trying to go short in a bullish market. Look at yellow MBL and 200 EMA.
Hope this helps until Mehdi can answer you, or more senior member.
Kindest regards
When you look at Yellow MBL you see in EURJPY trade, the yellow line is below 50 line and pointing down. This shows a bearish sentiment. You are also below the 200 EMA also a bearish sign. You are trying to go long in a this environment. Weekly and daily chart pointing down. You are fighting against the flow of the market.
In your second trade EURUSD you are trying to go short in a bullish market. Look at yellow MBL and 200 EMA.
Hope this helps until Mehdi can answer you, or more senior member.
Kindest regards
Dear Lotsofsweet, When you look at Yellow MBL you see in EURJPY trade, the yellow line is below 50 line and pointing down. This shows a bearish sentiment. You are also below the 200 EMA also a bearish sign. You are trying to go long in a this environment. Weekly and daily chart pointing down. You are fighting against the flow of the market. In your second trade EURUSD you are trying to go short in a bullish market. Look at yellow MBL and 200 EMA. Hope this helps until Mehdi can answer you, or more senior member. Kindest regards
1 - if yellow line is below 50 level but showing upward and green cross then we will buy?
2 - if yellow line is above 50 level but sloping downside then green cross red then we will sell?
3 - if yellow line is above 50 level and sloping downside but green cross below the red then what should we do? should we see the buy or sell?
- #328
- May 4, 2016 8:16am May 4, 2016 8:16am
- | Joined Feb 2016 | Status: Be brave, be courageous, be prudent | 492 Posts
N/jpy didn't work outwas hoping to run in to BRN, was looking oversold though below the 32 on TDI, so have to be careful with these on method one but are below 32 / above 68 TDI {image}
If you notice, the RED and the GREEN line are kind of flat and sideways.
Do not forget that the angle is still important.
And I think we have to be careful of the levels 32 and 68 as you said.
This method is more in line with Dean Malone's strategy. I do see that we will lose some pips here but keeping the MLB on the right side will save us losses.
Green pips brother.
Live life king size !
- #329
- May 4, 2016 8:23am May 4, 2016 8:23am
- | Joined Feb 2016 | Status: Be brave, be courageous, be prudent | 492 Posts
I am really sorry for some people who sent me rudely words. I never asked for money from any members in this thread. I just shared two of my profitable methods for free , 100% free. If you know anyone that I asked money from them, please write here, then everybody know. I do not mind because I believe myself. I just wanted to explain some tips related to this strategy but only for persons who are really interested in this method. When I said it is a free webinar, means I still wanted to share my experiences for free with the others. I received three...
Thank you for all your help.
I find that I am making more pips now
Live life king size !
Hi Lotsofsweet,
I, like others here, are still getting used to Medhis signals too of when to trade. What I have found when trading and backtesting is not to take indicator signals blindly without looking around. Its like crossing the road, lights might say green and go but you always check what else is happening first. Major trend, Support and resistance, Big Round Numbers, Upcoming news report, small ranging bars etc.
Backtest and you will see most great trades happen with the trend. Use the higher time frames like a rudder as to whether the market is telling you "I am wanting to go up or down". Look at your trend and then if market says "up" then use Medhis signals that will signal a "Buy" for that currency.
I, like others here, are still getting used to Medhis signals too of when to trade. What I have found when trading and backtesting is not to take indicator signals blindly without looking around. Its like crossing the road, lights might say green and go but you always check what else is happening first. Major trend, Support and resistance, Big Round Numbers, Upcoming news report, small ranging bars etc.
Backtest and you will see most great trades happen with the trend. Use the higher time frames like a rudder as to whether the market is telling you "I am wanting to go up or down". Look at your trend and then if market says "up" then use Medhis signals that will signal a "Buy" for that currency.
{quote} It has nothing to do with the Stochs as some OP pointed out. If you notice, the RED and the GREEN line are kind of flat and sideways. Do not forget that the angle is still important. And I think we have to be careful of the levels 32 and 68 as you said. This method is more in line with Dean Malone's strategy. I do see that we will lose some pips here but keeping the MLB on the right side will save us losses. Green pips brother.
- #335
- May 4, 2016 8:38am May 4, 2016 8:38am
- | Joined Feb 2016 | Status: Be brave, be courageous, be prudent | 492 Posts
{quote} Hey Foxtrader, I said nothing about the stochs levels?? just the TDI, and it was still angled down at the time I took the trade, but as I mentioned above post I think on the H4 method 2 works better with trend and TDI in right order and not over 68 / below 32
I agree with the rest
Live life king size !
- #336
- May 4, 2016 8:39am May 4, 2016 8:39am
- | Joined Feb 2016 | Status: Be brave, be courageous, be prudent | 492 Posts
Hi Lotsofsweet, I, like others here, are still getting used to Medhis signals too of when to trade. What I have found when trading and backtesting is not to take indicator signals blindly without looking around. Its like crossing the road, lights might say green and go but you always check what else is happening first. Major trend, Support and resistance, Big Round Numbers, Upcoming news report, small ranging bars etc. Backtest and you will see most great trades happen with the trend. Use the higher time frames like a rudder as to whether the market...
Live life king size !
Hi Lotsofsweet, I will leave posting indicators to someone else as I don"t use MT4 platform. S/R I draw in myself from weekly and daily line charts. Be patient, backtest, and demo. Good luck in your trading! Renata (female trader)
{quote} Some OP mentioned about the Stochs, in response to your query. Not you. I agree with the rest