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Lower risk, stress free TDI system

  • #1,901
  • Jun 3, 2016 4:25am Jun 3, 2016 4:25am
Quoting pundit78
Hi Moonie my friend Just watched your video, its awesome, specially the ATR, if there is no enough space for 50 pips, no trade to be taken gr8. I have one question, do you mind taking a trading if all criteria meet but TDI cross happens below 50 for long and above 50 line for short Is below trade a valid trade? {image}
Hi Pundit, glad you liked the video. I always used to only take long's when the TDI cross was above 50 and shorts below 50. Then somebody highlighted to me that it wasn't in the rules and when I looked, no mention. I would prefer the cross on the GY to have happened when the Stochastic was above 80, it was just raising above 20 in this case.

Cheers

Moonie.
  • #1,902
  • Edited 4:53am Jun 3, 2016 4:40am | Edited 4:53am
Quoting Moonie
{quote} Hi Pundit, glad you liked the video. I always used to only take long's when the TDI cross was above 50 and shorts below 50. Then somebody highlighted to me that it wasn't in the rules and when I looked, no mention. I would prefer the cross on the GY to have happened when the Stochastic was above 80, it was just raising above 20 in this case. Cheers Moonie.
Hi moonie,

Stoch should be above 50 as per Mehndi's basic rule of Method 2, above 50 and above 80 both are valid I believe.
  • #1,903
  • Jun 3, 2016 4:53am Jun 3, 2016 4:53am
Quoting Moonie
{quote} If there is say 40 pips to the the first line and 55 pips to the second line and the 200 is in between the first and second line, I wouldn't take the trade. If there was 60 pips to the first line and the 200 was in between the first and second line, I would take the trade. Moonie
many thanks!
Regards
  • #1,904
  • Jun 3, 2016 5:03am Jun 3, 2016 5:03am
Quoting pundit78
{quote} Hi moonie, Stoch should be above 50 as per Mehndi's basic rule of Method 2, above 50 and above 80 both are valid I believe.
​Hi Pundit, I wouldn't want to take that trade just looking at the narrow range the tdi / blue volatility band are in, also on the h4 its way below 32 with mbl sloping south still. As I mentioned in a post earlier I am not convinced using the stoch 14 on h1 is for me.
  • #1,905
  • Edited 5:30am Jun 3, 2016 5:04am | Edited 5:30am
Quoting Scrambleguy
{quote} ​Hi Pundit, I wouldn't want to take that trade just looking at the narrow range the tdi / blue volatility band are in, also on the h4 its way below 32 with mbl sloping south still. As I mentioned in a post earlier I am not convinced using the stoch 14 on h1 is for me.
Thanks Scrambleguy
  • #1,906
  • Jun 3, 2016 5:05am Jun 3, 2016 5:05am
Hey Dimi, be very interested to know your thoughts on this post, been a long time!, see you peeking
  • #1,907
  • Jun 3, 2016 5:21am Jun 3, 2016 5:21am
Quoting pundit78
{quote} Hi moonie, Stoch should be above 50 as per Mehndi's basic rule of Method 2, above 50 and above 80 both are valid I believe.
You're right pundit. I'm a bit more relaxed with the Stoch. I've lost so many trades in the past trading stochs coming down from 80, going up from 20, divergence, bla bla bla.

I'm short GN.

Cool.
  • #1,908
  • Jun 3, 2016 5:57am Jun 3, 2016 5:57am
Quoting Moonie
{quote} You're right pundit. I'm a bit more relaxed with the Stoch. I've lost so many trades in the past trading stochs coming down from 80, going up from 20, divergence, bla bla bla. I'm short GN. Cool.
Hi Moonie, could you please explain this a little bit... for long we are considering stoch to be near or above 50 and for short it should be near or below 50 (referring H4 and H1 only).. then what exactly does it mean coming from 80 and going down 20?
  • #1,909
  • Jun 3, 2016 5:58am Jun 3, 2016 5:58am
Quoting Scrambleguy
{quote} ​Hi Pundit, I wouldn't want to take that trade just looking at the narrow range the tdi / blue volatility band are in, also on the h4 its way below 32 with mbl sloping south still. As I mentioned in a post earlier I am not convinced using the stoch 14 on h1 is for me.
Hi Scrambleguy,
What does this exactly mean "I am not convinced using the stoch 14 on h1 is for me."
  • #1,910
  • Jun 3, 2016 6:29am Jun 3, 2016 6:29am
Quoting pundit78
Hi Moonie my friend Just watched your video, its awesome, specially the ATR, if there is no enough space for 50 pips, no trade to be taken gr8. I have one question, do you mind taking a trading if all criteria meet but TDI cross happens below 50 for long and above 50 line for short Is below trade a valid trade? {image}
Just curious why you have two TDIs on your chart?
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,911
  • Jun 3, 2016 6:34am Jun 3, 2016 6:34am
Quoting heispark
{quote} Just curious why you have two TDIs on your chart?
Hi Heispark, have a look at post 1143, all will become clear.
  • #1,912
  • Jun 3, 2016 6:46am Jun 3, 2016 6:46am
Quoting Moonie
{quote} Hi Heispark, have a look at post 1143, all will become clear.
Oh, got it. The other one is there only for alert. Why don't you try TMS Monitor if you haven't done so already:
http://www.forexfactory.com/showthread.php?t=303347

Thanks,
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,913
  • Jun 3, 2016 6:59am Jun 3, 2016 6:59am
Quoting forexkarthi
{quote} Hi Moonie, could you please explain this a little bit... for long we are considering stoch to be near or above 50 and for short it should be near or below 50 (referring H4 and H1 only).. then what exactly does it mean coming from 80 and going down 20?
Don't worry about the "coming from 80 or 20", its just something I prefer. You can't go far wrong with "near or above 50 for longs and near or below 50 for shorts."
  • #1,914
  • Jun 3, 2016 7:38am Jun 3, 2016 7:38am
TODAY RESULT
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  • #1,915
  • Jun 3, 2016 7:49am Jun 3, 2016 7:49am
Quoting Moonie
{quote} Don't worry about the "coming from 80 or 20", its just something I prefer. You can't go far wrong with "near or above 50 for longs and near or below 50 for shorts."
nice work on the GN mate. thanks for sharing your work. sure its greatly appreciated by everyone.
  • #1,916
  • Jun 3, 2016 8:06am Jun 3, 2016 8:06am
Quoting tigerfx1
{quote} nice work on the GN mate. thanks for sharing your work. sure its greatly appreciated by everyone.
No worries Tiger. Hope everyone filled their boots on GN. 50 pips.

Attached Image (click to enlarge)
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Moonie.
  • #1,917
  • Jun 3, 2016 8:35am Jun 3, 2016 8:35am
Quoting Moonie
{quote} No worries Tiger. Hope everyone filled their boots on GN. 50 pips. {image} Moonie.
Very nice Moonie, i am waiting for the next candle close on GBP AUD for a sell ??
  • #1,918
  • Jun 3, 2016 8:45am Jun 3, 2016 8:45am
Quoting Moonie
{quote} No worries Tiger. Hope everyone filled their boots on GN. 50 pips. {image} Moonie.
Hello moonie thanks for sharing your knowledge. I took the GN trade but I also took a trade on Eur/Jpy and it hit my stoploss at 50 pips.
Can you please tell me if I did something wrong? Unfornuately you can't see the lower ATR lines, but the purple one was over 50 pips away. Tdi was crossing under the yellow line and stoch entered the 20 area.

Thank you.
Attached Image (click to enlarge)
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  • #1,919
  • Jun 3, 2016 8:46am Jun 3, 2016 8:46am
Quoting Moonie
{quote} No worries Tiger. Hope everyone filled their boots on GN. 50 pips. {image} Moonie.
Nice.. I lost on GJ
  • #1,920
  • Jun 3, 2016 8:47am Jun 3, 2016 8:47am
Quoting monaghan
{quote} Very nice Moonie, i am waiting for the next candle close on GBP AUD for a sell ??
Aha, another quality setup. I'm slightly worried about the USD red news on the hour (ISM Non-Manufacturing PMI).
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