Lower risk, stress free TDI system

Quoting mehdi343

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Last day (4/05) trade on GBPCAD daily chart with details based on method 1 I draw a red line on candle 3/05 1) I saw that stochastic is above 80 2) We had a rebound with good angle on TDI and It is above the yellow line 3) I opened a BUY position at 1.8478 on 4/05 morning at the start time of the Sydney market . SL 1.8315 Profit: +170 pips {image}

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Quoting Scrambleguy

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{quote} ​A general rule is trading short the 200 should be above and visa versa, can also act as dynamic resistance or support depending on if you are short or long. But often price will struggle to push through as can be used as a target by traders. It also acts a quick guide to trend direction, so again if price is below the 200 then your in a down trend ( on that TF ) and visa versa

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Quoting Idolismo

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{quote} I was in on that too, this system (and I come from the TMS) is great! I was able to get into it, although I think I need more practice. Thanks mehdi! I've entered a trade on USDCAD Daily, any ideas? Cheers {image}

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Quoting sholdea

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{quote}there are no TDI cross or rebound due to method 1 or 2 on your chart

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Quoting mehdi343

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Here you can see some H4 examples and reasons why I did not open position. {image} {image} {image} {image} {image}

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Quoting Idolismo

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{quote} I was in on that too, this system (and I come from the TMS) is great! I was able to get into it, although I think I need more practice. Thanks mehdi! I've entered a trade on USDCAD Daily, any ideas? Cheers {image}

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Quoting Idolismo

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{quote} The cross is below the yellow line, however I was under impression that it wasn't a strict part of the rule. It says "preferably above yellow line" and stoch is above 80. So am I to assume that the cross / bounce needs to be above / below yellow line at all times? Cheers

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Quoting Scrambleguy

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Quoting sholdea

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{quote}there are no TDI cross or rebound due to method 1 or 2 on your chart[/quote When idolismo took the screen shot there was clearly a cross on the Daily STOCH over 80 and TDI above the MBL yellow, however the trade is against the overall down trend as seen in my screenshot and you can see the 50 & 200 ma is above price. The TDI was showing a slight kink. On the 4hr screen shot you can see price has run into yesterdays high, the 4hr 200 ma and BRN 1.29000, all acting as resistance, hence price has stalled. Its always going

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Quoting foxtrader16

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{quote}{quote} Hey SG, Let me point out that the TDI cross did not happen above the yellow MLB line. The TDI line merely crossed up. Agree with the rest

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Quoting foxtrader16

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{quote} Since you are already familiar with TMS, you would know that crosses below 32 or above 68 are not considered hi-probability. This is because it means price will have to travel a lot and is susceptible to market action. And with the yellow MLB on top it still has a downward pressure on the price. Hence it is safe to wait for the crosses to happen above or below the yellow line depending on BUY / SELL. Yes, it is understood you will miss out on some moves but at least the loss will be limited to us retail traders. Keep in mind Big E (God bless...

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Quoting Scrambleguy

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{quote} True Fox, however when he took the trade price was already way above 32 and also way above MBL, I think it was more the case of countertrend and up against a lot of resistance but yes pref to see the cross happen above mbl

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Quoting foxtrader16

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{quote} You are of course right bud. But after having seen quite a few of my trades getting reversed on me, I have decided to wait for the hi-probability moves with bigger pip earning potential. Yes, I see that I will end up missing on quite a few moves. Guess I will eventually have to make up with use of multiple lot entries

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Quoting ficibald

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what you think about eurchf setup {image}

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