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Lower risk, stress free TDI system

  • #681
  • May 11, 2016 7:20am May 11, 2016 7:20am
Quoting Idolismo
{quote} Actually both methods are applicable to the 4H TF. Cheers
Yes, I know. for 4hr charts its either above or under the 50 marks. For day charts its above the 80 or under de 20.
  • #682
  • May 11, 2016 7:26am May 11, 2016 7:26am
Quoting kaboemm
{quote} It's because of the gap you heft in your left window. You're using the same demo account on the same server?
Yes is the same demo account but with different numbers 11160308 and 11157301. Can u explain what to do for resolve this problem?
Sorry for my bad english, still learning
  • #683
  • May 11, 2016 7:26am May 11, 2016 7:26am
Quoting kaboemm
{quote} Yes, I if CADCHF stays like that, it won't be a valid setup. You also mention that you're eager to trade EURCAD because stoch is touching the 20. But on the 4H charts, for bear trades stoch has to be under the 50 and for bulls above the 50 (or very close around). The 20 and 80 marks are for the daily charts only.
You guys still haven't got the basic rules... Yes you can use method 1 on the 4hr charts. Read post 1 carefully
  • #684
  • May 11, 2016 7:28am May 11, 2016 7:28am
Quoting Idolismo
{quote} Actually both methods are applicable to the 4H TF. I'm looking at AUDUSD 4H right now. Looks like a touch into bounce. Think I'll keep an eye on it. Cheers
YES AUDUSD looks nice, but remember of the red news about USD in two hours!
  • #685
  • May 11, 2016 7:28am May 11, 2016 7:28am
Quoting kaboemm
{quote} Yes, I know. for 4hr charts its either above or under the 50 marks. For day charts its above the 80 or under de 20.
What I'm saying is according to the 1st post, method 1 only applies to Daily TF but 4H TF you can use both methods, 1 and 2.

Quoting sylbolid
{quote} YES AUDUSD looks nice, but remember of the red news about USD in two hours!
Yeah thanks for reminding me, I do keep an eye on the news calendar here on FF
  • #686
  • May 11, 2016 7:29am May 11, 2016 7:29am
I got the U/C trade happening but with a very tight stop in anticipation of news.....
  • #687
  • May 11, 2016 7:31am May 11, 2016 7:31am
Quoting Scrambleguy
{quote} You guys still haven't got the basic rules... Yes you can use method 1 on the 4hr charts. Read post 1 carefully
If you read my comment closely then you see I never said he couldn't trade method 1 on the 4 hour charts.

He said he didn't want to take the trade on the 4hr chart because the stoch was almost above the 20. I told him that on the 4hour chart stoch has to be either under the 50 or above.
What he wanted to do is trading method 1 EXPLICITLY on the 4 hour charts and neglecting method 2. What would mean that you would miss a lot of entries.
  • #688
  • May 11, 2016 7:33am May 11, 2016 7:33am
Quoting sholdea
{quote}Yes is the same demo account but with different numbers 11160308 and 11157301. Can u explain what to do for resolve this problem?
You can try press F2 (history center) on MT4 and download the data of the charts you're using. Not sure if it helps but it's worth a try.
  • #689
  • May 11, 2016 7:36am May 11, 2016 7:36am
Quoting kaboemm
{quote} You can try press F2 (history center) on MT4 and download the data of the charts you're using. Not sure if it helps but it's worth a try.
thanks, just now observe this gap
Sorry for my bad english, still learning
  • #690
  • May 11, 2016 7:37am May 11, 2016 7:37am
Quoting kaboemm
{quote} If you read my comment closely then you see I never said he couldn't trade method 1 on the 4 hour charts. He said he didn't want to take the trade on the 4hr chart because the stoch was almost above the 20. I told him that on the 4hour chart stoch has to be either under the 50 or above. What he wanted to do is trading method 1 EXPLICITLY on the 4 hour charts and neglecting method 2. What would mean that you would miss a lot of entries.
Right apologies then. I missunderstood
  • #691
  • May 11, 2016 7:43am May 11, 2016 7:43am
Quoting Idolismo
{quote} Right apologies then. I missunderstood
No need to apologize, just wanted to make myself clear
  • #692
  • May 11, 2016 8:19am May 11, 2016 8:19am
Live Trade
GBPCAD H4 SELL

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADproH4_11May16.png Size: 85 KB


Got in on the bounce.
Live life king size !
  • #693
  • May 11, 2016 8:23am May 11, 2016 8:23am
Quoting ranger_lp
I got the U/C trade happening but with a very tight stop in anticipation of news.....
I will closely watch this one.
Too many wicks on the bars to the left and small size do not give me a warm fuzzy.
Live life king size !
  • #694
  • May 11, 2016 8:33am May 11, 2016 8:33am
Hi everyone need some advise here.

Yesterday I trade with EURJPY, GBPJPY, and USDJPY markets and earn some good pips and followed all the rules mention before entering the markets.
However today I applied same method and loss quite a lot for EURGBP, NZDJPY and EURAUD markets

1. EURGBP > TDI (Green below Red and BELOW Yellow line) , Stoch (Below 20 and setup at 14,3,3)
2. NZDJPY > TDI (Green ABOVE Red and ABOVE Yellow line) , Stoch (Above 80 and setup at 14,3,3)
3. EURAUD > TDI (Green below Red and BELOW Yellow line) , Stoch (Near 20 Below 50 and setup at 14,3,3)

Everything intact and seems good rebound, I entered when the 2nd candle start but everything when the opposite ways, did i make any mistake here guys? do correct me if i do. Need some advise here.

Lesson learn : Wait and see the pattern first before entering the market

attached pictures

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http://www.forexfactory.com/webkit-f...e09/image.tiff

http://www.forexfactory.com/webkit-f...4cd/image.tiff
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  • #695
  • May 11, 2016 8:56am May 11, 2016 8:56am
Quoting najbullah
Hi everyone need some advise here. Yesterday I trade with EURJPY, GBPJPY, and USDJPY markets and earn some good pips and followed all the rules mention before entering the markets. However today I applied same method and loss quite a lot for EURGBP, NZDJPY and EURAUD markets 1. EURGBP > TDI (Green below Red and BELOW Yellow line) , Stoch (Below 20 and setup at 14,3,3) 2. NZDJPY > TDI (Green ABOVE Red and ABOVE Yellow line) , Stoch (Above 80 and setup at 14,3,3) 3. EURAUD > TDI (Green below Red and BELOW Yellow line) , Stoch (Near 20 Below 50 and...
You want to enter after a TDI cross or a bounce. When the TDI makes a cross you want to enter after candle candle that makes the cross closes. Ill also sometimes take the candle after if like stoch isn't on point yet or TDI ain't on the right side of the yellow TDI. After that you don't take crosses entries based on the crosses anymore. What you can do is trade the bounce.

EURGBP - I don't see a valid entry, no TDI crosses or no bounces. Yes the stoch was in the right place and the red and green TDI where under the yellow but you have to have a cross or bounce.
NZDJPY - same story, no crosses or bounces.
EURAUD - Now this one is kind of questionable. The bounce occurred after the bar 2 bars before the red lines closed which ment you could'be entered on the bar before the red line. However, that bar is really small compared to the previous bars which means weakness

This is how I see it. I can be wrong and if I am, please correct me.
  • #696
  • May 11, 2016 9:05am May 11, 2016 9:05am
Quoting najbullah
Hi everyone need some advise here. Yesterday I trade with EURJPY, GBPJPY, and USDJPY markets and earn some good pips and followed all the rules mention before entering the markets. However today I applied same method and loss quite a lot for EURGBP, NZDJPY and EURAUD markets 1. EURGBP > TDI (Green below Red and BELOW Yellow line) , Stoch (Below 20 and setup at 14,3,3) 2. NZDJPY > TDI (Green ABOVE Red and ABOVE Yellow line) , Stoch (Above 80 and setup at 14,3,3) 3. EURAUD > TDI (Green below Red and BELOW Yellow line) , Stoch (Near 20 Below 50 and...
Hi Najbullah

Firstly congratulations on making some pips.
Now keep in mind in spite of everything the market will not behave the way you want. Otherwise it will become predictable and nobody will make any pip, right ?

I am sure on analysis after the fact some things will always come to light.
For example in your trades, you probably did not heed the previous price action, or the fact that the bars were small. Also proximity of RNs.

Point is observe, learn and move on to the next one

Cheers and green pips to you
Live life king size !
  • #697
  • May 11, 2016 9:19am May 11, 2016 9:19am
Quoting kaboemm
{quote} You want to enter after a TDI cross or a bounce. When the TDI makes a cross you want to enter after candle candle that makes the cross closes. Ill also sometimes take the candle after if like stoch isn't on point yet or TDI ain't on the right side of the yellow TDI. After that you don't take crosses entries based on the crosses anymore. What you can do is trade the bounce. EURGBP - I don't see a valid entry, no TDI crosses or no bounces. Yes the stoch was in the right place and the red and green TDI where under the yellow but you have to...
Thanks for the advise kaboemm, i surely keep those in mind next time. Look for rebounce or cross and do not enter if the candle is weak. I forgot to look for crosses or rebounce and kept looking at the green below or abive red only.
  • #698
  • Edited 9:32am May 11, 2016 9:22am | Edited 9:32am
[quote=foxtrader16;8920817]{quote} Hi Najbullah Firstly congratulations on making some pips. Now keep in mind in spite of everything the market will not behave the way you want. Otherwise it will become predictable and nobody will make any pip, right ? I am sure on analysis after the fact some things will always come to light. For example in your trades, you probably did not heed the previous price action, or the fact that the bars were small. Also proximity of RNs. Point is observe, learn and move on to the next one
Foxtrader16, true the market will not always behave the way we want. I will observe the market first before entering after this..good advise!Cheers and green pips to you too.
  • #699
  • May 11, 2016 9:23am May 11, 2016 9:23am
Quiz time

Will you take this trade ?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDproH4_11May16.png Size: 60 KB
Live life king size !
  • #700
  • May 11, 2016 9:29am May 11, 2016 9:29am
Quoting foxtrader16
Quiz time Will you take this trade ? {image}
Based on experince and some adivise earlier..it is a no for me. The markets is weak and show no rebounce althought the TDI and Sthoc in place. Is it correct?
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