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Lower risk, stress free TDI system

  • #2,641
  • Jun 13, 2016 2:07am Jun 13, 2016 2:07am
method 2 - NJ H4 ..... 3 tickets - 2 taken near strong s&r ....

side notes - stoch standard settings - i ignore 'yellow' line - no MAs etc - red vert line trigger candle
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  • #2,642
  • Jun 13, 2016 2:11am Jun 13, 2016 2:11am
Quoting bob44
{quote} If you are that confident why put on a stop loss
i am confident cause i use SLs ..... u can have no SLs in trading [generally speak'n] but then u must try and balance out ur DD - if someting bad happens [doesnt take much in fx] ur account will b blown
  • #2,643
  • Jun 13, 2016 2:21am Jun 13, 2016 2:21am
entry on 1 min chart....according to system.....big profit.......................copper
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  • #2,644
  • Jun 13, 2016 2:30am Jun 13, 2016 2:30am
Took a trade at 9.00 AM GBPCAD on the 1H.... We shall see. All conditions are in conjunction this time I do it the way Moonie does. 50TP/50SL. After 25 pips in my favor stoploss will be adjust to BE+5.
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Keep it simple without too many crappy indicators!
  • #2,645
  • Jun 13, 2016 2:33am Jun 13, 2016 2:33am
Quoting Kammgcni
entry on 1 min chart....according to system.....big profit.......................copper {image}
With all respect dear friend, trading on such fast timeframe it is a whole lot different than we do here....... Please........... 1H is by far the lowest timeframe you can trade. Any faster is like gambling, my opinion, no offense.
Keep it simple without too many crappy indicators!
  • #2,646
  • Jun 13, 2016 2:39am Jun 13, 2016 2:39am
Quote
With all respect dear friend, trading on such fast timeframe it is a whole lot different than we do here....... Please........... 1H is by far the lowest timeframe you can trade. Any faster is like gambling, my opinion, no offense.

sir, thanking you for your suggestion. But here in India as it is not trad-able 24 hrs as forex market is. It is very much difficult to get good entry in 1 hr chart. But i will take care of your suggestion.
  • #2,647
  • Jun 13, 2016 2:50am Jun 13, 2016 2:50am
My GBPCAD is doing well, 25 pips done, stoploss now at BE +5. However I am afraid my stoploss will be touched. We shall see. As told, my TP = 50 pips.
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Keep it simple without too many crappy indicators!
  • #2,648
  • Jun 13, 2016 2:51am Jun 13, 2016 2:51am
Quoting Kammgcni
{quote} sir, thanking you for your suggestion. But here in India as it is not trad-able 24 hrs as forex market is. It is very much difficult to get good entry in 1 hr chart. But i will take care of your suggestion.
OK, thanks for your reply. I wish you all the best.
Keep it simple without too many crappy indicators!
  • #2,649
  • Jun 13, 2016 2:54am Jun 13, 2016 2:54am
Quoting luvene
My GBPCAD is doing well, 25 pips done, stoploss now at BE +5. However I am afraid my stoploss will be touched. We shall see. As told, my TP = 50 pips. {image}
Oh come on, hang on to that baby, target is 2,800 pips below!

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It takes a lot for me to IGNORE you, but you can try.
  • #2,650
  • Jun 13, 2016 2:57am Jun 13, 2016 2:57am
Quoting griffinssoul
{quote} i am confident cause i use SLs ..... u can have no SLs in trading [generally speak'n] but then u must try and balance out ur DD - if someting bad happens [doesnt take much in fx] ur account will b blown
You are totally right, It is hard for me to think that some persons even consider trading without any stop loss, many traders think that this make them appear as very confident or professionals when in fact it is suicide, some are worry about stop hunting , the truth is that now there are regulated ECN Brokers where you can open an account even with a small amount of money.

Regards
Indicators always obey Price, not the other way.
  • #2,651
  • Jun 13, 2016 3:12am Jun 13, 2016 3:12am
Hi there,

I see your TMS indicator has green, red and yellow line. What is the yellow line? For me, I followed the original thread at the start so only green and red line. Also, what are the blue lines

Anyone can give me a link to the indicator that has yellow line?
  • #2,652
  • Jun 13, 2016 3:14am Jun 13, 2016 3:14am
Quoting maxtrader
{quote} You are totally right, It is hard for me to think that some persons even consider trading without any stop loss, many traders think that this make them appear as very confident or professionals when in fact it is suicide, some are worry about stop hunting , the truth is that now there are regulated ECN Brokers where you can open an account even with a small amount of money. Regards
.... wat i dont like is the floating DD - this doesnt appear on the MT4 report sheet - it could b thousands of pips who knows ..... 2 much stress 4 me
  • #2,653
  • Jun 13, 2016 3:17am Jun 13, 2016 3:17am
Quoting keziahpie
Hi there, I see your TMS indicator has green, red and yellow line. What is the yellow line? For me, I followed the original thread at the start so only green and red line. Also, what are the blue lines Anyone can give me a link to the indicator that has yellow line?
yellow is the market base value - basically a MA - blue r the volatility bands basically like bolinger bands

go 2 the settings and change colors - first two blue third yellow
  • #2,654
  • Jun 13, 2016 3:20am Jun 13, 2016 3:20am
Quoting griffinssoul
{quote} .... wat i dont like is the floating DD - this doesnt appear on the MT4 report sheet - it could b thousands of pips who knows ..... 2 much stress 4 me

How can you work out risk and reward without a SL. One of the most important parts of profitable trading.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #2,655
  • Jun 13, 2016 3:23am Jun 13, 2016 3:23am
Quoting Lookleft
{quote} How can you work out risk and reward without a SL. One of the most important parts of profitable trading.
...... ...... absolutely LL - gr8 point - wat some traders do is they try and balance out there float losses [floating DD] wit get'n more winners ...... well it makes their MT4 report sheets look good anyhow
  • #2,656
  • Jun 13, 2016 3:33am Jun 13, 2016 3:33am
Quoting griffinssoul
{quote} ...... ...... absolutely LL - gr8 point - wat some traders do is they try and balance out there float losses [floating DD] wit get'n more winners ...... well it makes their MT4 report sheets look good anyhow
Can't for the life of me think of any reason at all to not use a stop loss, unless it's some sort of macho thing,
- maybe it goes with comments like "I'm gonna make the market my bitch"
I can't imagine taking anyone seriously about anything in forex if I knew they didn't use a stop loss. Strange.
Don't ask me, I have no idea what's going on.
  • #2,657
  • Jun 13, 2016 3:39am Jun 13, 2016 3:39am
NCAD long setup
Early bird gets the worm
  • #2,658
  • Jun 13, 2016 3:43am Jun 13, 2016 3:43am
GCAD locked
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Early bird gets the worm
  • #2,659
  • Jun 13, 2016 3:44am Jun 13, 2016 3:44am
Monday total trades
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Early bird gets the worm
  • #2,660
  • Jun 13, 2016 3:47am Jun 13, 2016 3:47am
YES! 50 pips won on GBP/CAD on the 1H like the way Moonie does. € 45. I am very happy Because of "keep sitting on my hands" as you know what I mean And stick to my plans!

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Keep it simple without too many crappy indicators!
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