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Lower risk, stress free TDI system

  • #2,301
  • Jun 8, 2016 10:18am Jun 8, 2016 10:18am
Quoting forexbandit7
{quote} Always on a cross with pending order, so the opening trade will not be exactly on the cross candle, will be mostly after a few candle breaking below or above the cross candle
Hi Forexbandit7,
Really nice trades.. how much pip distance will you place a pending order from the cross?
  • #2,302
  • Jun 8, 2016 10:20am Jun 8, 2016 10:20am
Quoting forexkarthi
{quote} Hi Forexbandit7, Really nice trades.. how much pip distance will you place a pending order from the cross?
5pip
Early bird gets the worm
  • #2,303
  • Jun 8, 2016 10:23am Jun 8, 2016 10:23am
Quoting forexbandit7
{quote} Always on a cross with pending order, so the opening trade will not be exactly on the cross candle, will be mostly after a few candle breaking below or above the cross candle
Looks like your taking some crosses where the cross happened above the yellow mbl ( on a sell ) like UJ is that correct?
  • #2,304
  • Jun 8, 2016 10:25am Jun 8, 2016 10:25am
Quoting Moonie
{quote} Hi Aftermath, I've tried only taking trades when the angle is 13:50 or 16:40 and it rebounds and I've taken trades when its been sideways and then it goes 100 pips. At the end of the day, price moves the indicator, not the other way round. I rely on a confluence of events to try and increase the odds. Cheers, Moonie.
Great, Thanks!
  • #2,305
  • Jun 8, 2016 10:26am Jun 8, 2016 10:26am
Hi,

Although I prefer the 4H and 1D trading I am also interested in the 1H. However, I don't understand three things, possible is is already explained, sorry for that

1. Watchdog Indicator. What does it mean concerning "Current HA"? I see three values. Please, can somebody explain this to me?
2. What about the LFL-ATR Projections ...... I see two red lines and two blue lines. What are these lines telling me? What's the difference between red and blue?
3. Why are some people using the Synergy_Pro_ APB and Heikin_Ashin_NK at the same time? What is the advantage of it? I find it confusing because of the body color of the Bars

Thank you so much. Keep up the good work.
Johan

Attached Image (click to enlarge)
Click to Enlarge Name: Example_1H.png Size: 73 KB
Keep it simple without too many crappy indicators!
  • #2,306
  • Jun 8, 2016 10:39am Jun 8, 2016 10:39am
Quoting Moonie
{quote} Hi King, EN looks good, I know it's already moved a bit, but it originally had 50 pip space (just). Good luck. Moonie.
hi ,Moonie , can i ask if You arte still in the eu trade from yesterday ? Thanks
  • #2,307
  • Edited 11:09am Jun 8, 2016 10:55am | Edited 11:09am
Quoting Pip_Chaser
Hi traders, Started reading this tread about 5 days ago, and read all 115 pages. I wanted to take a trade so I took, but something I did wrong. Could You give me advice based on the print screen? Thanks. {image}
Not sure exactly where you opened your trade, but if you zoom out and look left there are strong areas of support/resistance at the same price level, this is always cautionary,

Since 30th May there has been a definite upward move on the EG which is also cautionary if you're looking for shorts.

Also you do not have to have done anything wrong at all for the trade to fail, the best we can ever do is open a trade at a point where the probability of success is acceptable, the market can, does and always will turn round and kick our asses just for fun, and annoyingly the market is never wrong.

Puting a 'large round number' indicator on your chart is helpful for looking back, the one I mostly use just puts horizontal lines at whatever intervals you wish, usually for H4 or H1 charts I find 100 pip intervals is good, on the D1 and longer I usually have 500 pip intervals,
normally mine are in dark gray so as not to intrude too much on the chart, I've made them purple on the screeny so you can see better what I'm yacking on about.

The attached chart shows the areas of support and resistance on the EG to the left of your trade entry, you can also see how the price often reacts around the large round numbers, looking left and large round numbers is part of 'most all technical analysis methods and should be a routine part of working out a trade idea with this method as well.

Support and resistance is arguably the only real 'leading' indicator you'll find and even then it's only a prod in the right direction at best

stick with it because this method is about as good as it gets, especially for less experienced traders I think.

And have fun,

Donk.
Attached Image (click to enlarge)
Click to Enlarge Name: nah.jpg Size: 160 KB
Don't ask me, I have no idea what's going on.
  • #2,308
  • Jun 8, 2016 10:56am Jun 8, 2016 10:56am
Quoting forexbandit7
Hi guys, im back after a break,ive got loads to read,here are some of my trades i took from yest and holding it till today, unfortunately i dont have much time to trade this month as im fasting for this Ramadan and my father in law met with accident , ive to run to and fro to hospital, will try to ans any question if have time. Thanks {image} {image} {image} {image} {image} {image} {image} {image}

Hi Forexbandit

Happy to hear result and grt work.
Is it possible to indicate/mark in the chart itself where the open points of those trades ...
Thats helps a lot to analyse and understand well
Thx
Imdi
  • #2,309
  • Jun 8, 2016 11:00am Jun 8, 2016 11:00am
Quoting Gizzledonk
Just killed my USDJPY 2 part H4 short trade as it was going sideways and I regarded the trade idea as no longer valid. Closed both parts for total of +40 The screenie is from H1 chart to illustrate sidewaysness more clearly, I do not use H1 for analysis prior to opening a position. (Now of course it will go through the floor if sods law has anything to do with it.) {image}
Well, it hasn't gone through the floor but I probably should've left it going.
I will give myself a severe talking-to later on.
Attached Image
Don't ask me, I have no idea what's going on.
  • #2,310
  • Jun 8, 2016 11:11am Jun 8, 2016 11:11am
Quoting luvene
Hi, Although I prefer the 4H and 1D trading I am also interested in the 1H. However, I don't understand three things, possible is is already explained, sorry for that 1. Watchdog Indicator. What does it mean concerning "Current HA"? I see three values. Please, can somebody explain this to me? 2. What about the LFL-ATR Projections ...... I see two red lines and two blue lines. What are these lines telling me? What's the difference between red and blue? 3. Why are some people using the Synergy_Pro_ APB and Heikin_Ashin_NK at the same time?...
Start here my friend Post 1,143.
http://www.forexfactory.com/showthre...72#post8939672
  • #2,311
  • Jun 8, 2016 11:25am Jun 8, 2016 11:25am
Quoting Moonie
{quote} Forgot to mention, I don't trade an hour before red news and 30 minutes after.
Thank you for clarification! Got out of EN breakeven. Thanks a lot for your method and posting your trades/great inspiration! Keep it up mate.
  • #2,312
  • Jun 8, 2016 11:27am Jun 8, 2016 11:27am
Quoting MoneyMikeFx
{quote} Start here my friend Post 1,143. http://www.forexfactory.com/showthre...72#post8939672
Thanks Mike, I know the post but I can't find what's the Current HA in the Watchdog telling me with these three values...... What about the ATR Projections. Why do I see two blue lines and two red lines? What is the meaning of it. Why not only blue or only red? And why Synergy_Pro_APB and Heikin_Ashin_NK together in the mainchart? What is the meaning of that. I am curious. Thanks!
Keep it simple without too many crappy indicators!
  • #2,313
  • Jun 8, 2016 11:42am Jun 8, 2016 11:42am
Quoting gigioforex
{quote} hi ,Moonie , can i ask if You arte still in the eu trade from yesterday ? Thanks
Hi gigio, no, I closed the trade with a 2 pip loss to avoid overnight charges. There was so little volatility, I decided to bail. How about you? Moonie
  • #2,314
  • Jun 8, 2016 11:46am Jun 8, 2016 11:46am
Quoting emmanuel7788
{quote} the are different mental strategies for trading which help traders cope with the stress caused by trading with hard earned money. nothing in the trading methodology will reduce the stress caused by the fear to lose money. what Medhi shared in Method 1 and Method 2 are high probability trade setups and not aggressive entry approach using the full TDI lines and levels. there are also money management strategies and exit strategies which help reduce the perceived 'stress' while trading.
profitaple strategy by itself is stress free,everybody everywherwhere talking about money managment like it is hardest thing in trading but to me this is easiest,what difficult can be with money managment.there is simple rules.it is weird.if somebody cant expain his loosing trades they blame money managment
  • #2,315
  • Jun 8, 2016 12:09pm Jun 8, 2016 12:09pm
For some reason my watchdog bounce alert doesnt work.
It shows a "bounce" info in the indicator section of the chart, but it doesnt popup an alert as it is supposed to be.
I saw some others having the same problem but didnt see a solution yet.
Did someone fix it already?
  • #2,316
  • Jun 8, 2016 12:14pm Jun 8, 2016 12:14pm
Result of testing three days.....

All trades taken in 1H but before enter in H1 check the H4 & D1 set up harmony.....
First day didn't consider 200EMA ... .. but last two days no trades taken if 200EMA set as obstacle

Thanks to Medhi and other leaders sending words and thought for learning.........
imdi
Attached Image (click to enlarge)
Click to Enlarge Name: Medhi Method Testing result!.png Size: 302 KB
  • #2,317
  • Jun 8, 2016 1:12pm Jun 8, 2016 1:12pm
Took a trade on UJ. Went in my favour 38 pips and then turned around to hit my SL +5 pips. Enjoyed the ride.

I'm now short GC, looking for a nice push down off a bounce.

Moonie.

Attached Image (click to enlarge)
Click to Enlarge Name: UJ_Moonie.GIF Size: 73 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GC_Moonie.GIF Size: 61 KB
  • #2,318
  • Jun 8, 2016 1:22pm Jun 8, 2016 1:22pm
Quoting Moonie
Took a trade on UJ. Went in my favour 38 pips and then turned around to hit my SL +5 pips. Enjoyed the ride. I'm now short GC, looking for a nice push down off a bounce. Moonie. {image} {image}
Yeah I got in on the USDJPY too, got out in green as soon as I saw it was struggling to break through that resistance. GBPCAD I don't even have on me chart
Gotta fix that and quick.

Question for you Moonie, do you ever get out of a trade or do you let it run till it either hits the TP or SL?

Cheers
  • #2,319
  • Jun 8, 2016 1:57pm Jun 8, 2016 1:57pm
I quote from meHedi ,i see may great coder creating EA /Indicator so my humble request to them to think about a dashboard to easy trading based on mehedis method
Method 1 :

At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules:

BUY:

1) Stochastic : Should be over 80
2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line.

Sell:

1) Stochastic : Should be bellow 20
2) TDI : a) Green should cross bellow the red line or show a rebound b) prefer that cross or rebound happened bellow the yellow line.


Method 2:

If I want to look at 4H charts for more entries, ( usually when I do not have any entries from method 1 at the beginning of the day), during the day , I will follow the bellow rules:

1) Check method 1 for possible entries on chart 4H
or

2) BUY:

2-1) Stochastic : near or above 50
2-2) TDI : a) looking for cross or rebound but where it is near or above yellow line b) cross or rebound upward


3) SELL:

3-1) Stochastic : near or BELLOW 50
3-2) TDI : a) looking for cross or rebound but where it is near or BELLOW yellow line b) cross or rebound DOWNWARD
it will be great..looking forward
Say something meaningful or Silence!!
  • #2,320
  • Jun 8, 2016 2:13pm Jun 8, 2016 2:13pm
Quoting MoneyMikeFx
{quote} Trying to take over this thread also Emmanuel?
May be you are great/learned/master bla bla trader but you should respect your senior trader BIG Emm and check and compare what he did/doing and you? brother /mate don't forget if you last and live then you will be one day senior too ..
Say something meaningful or Silence!!
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