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Lower risk, stress free TDI system

  • #2,841
  • Jun 14, 2016 4:56am Jun 14, 2016 4:56am
Quoting Scrambleguy
{quote} You didn't mention whether method 1 or 2? on h1, or do you go for both?

I got your point Scram...
Sorry to mislead you.....
I do trade only when H1 Stoch above 80 or below 20.... its in both method 1 & method 2 ............I guess...
but i do not trade when H1 Stoch near above 50 or near below 50....

hope u got my point...
am i clear to u or still not clear......
Sorry mate!
  • #2,842
  • Jun 14, 2016 5:06am Jun 14, 2016 5:06am
guys ... because of the UK referendum - EU Vote ...
I have deposited most money in an EU bank account but I also have a US bank account
Would it be safer to move the money to the US account, what do you think?
Regards
  • #2,843
  • Jun 14, 2016 5:10am Jun 14, 2016 5:10am
Quoting imdisaait
{quote} I got your point Scram... Sorry to mislead you..... I do trade only when H1 Stoch above 80 or below 20.... its in both method 1 & method 2 ............I guess... but i do not trade when H1 Stoch near above 50 or near below 50.... hope u got my point... am i clear to u or still not clear...... Sorry mate!
Ah gotcha thanks buddy, always interesting to see how we are all trading the variants on tfs and methods,. I believe forexbandit is trading method 2 near 50
  • #2,844
  • Jun 14, 2016 5:23am Jun 14, 2016 5:23am
A few trades taken this morning on the Daily's using method 1 from early posts.

Already closed...
EURJPY +30 pips
USDJPY +21 pips

Other 3 are still open!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Image1.png Size: 29 KB
Click to Enlarge Name: Image2.png Size: 29 KB
Click to Enlarge Name: Image3.png Size: 28 KB
Click to Enlarge Name: Image4.png Size: 29 KB
  • #2,845
  • Jun 14, 2016 5:23am Jun 14, 2016 5:23am
EUR down in EUR time, so. when it at US open ? will more go down?
  • #2,846
  • Jun 14, 2016 5:26am Jun 14, 2016 5:26am
Quoting Erebus
{quote} So then it's critical to get the analysis correct :nerd: EURUSD is opposite of USDCHF Daily = EURUSD crossed over DOWN 2 days ago - be prepared for selling - previous signal was 300 pips Daily = USDCHF has a weak looking crossover UP 4 Hour = EURUSD crossed over DOWN, broke a level at 1.1238 after London open, and crossed below the Weekly Open as well. See the Price Action retracement there? 4 Hour = USDCHF crossed down but during Asian session, now crossed back UP, above the Weekly Open too. That was the signal there = 1.1238 Moral: watch...


I had entered usd/chf around 5 or 6 hours before London open during the asian session. I have heard people say to only enter at London, but there are also lots of people who take trades any time of day ..so a lot of the time i sometimes get tempted out of hours. I also don't like the fact that if you take a trade in london you are supposed to exit it before the US session if trading h1. I tried ignoring this rule in the past but noticed a lot of the time the trade does indeed turn around to bite you on the bum if you do not cash out by US session.

thanks for the analysis, I forgot about the usd/chf link to eur/usd, next time i shall look at them both for signals.
  • #2,847
  • Jun 14, 2016 5:33am Jun 14, 2016 5:33am
Quoting fulltilt
guys ... because of the UK referendum - EU Vote ... I have deposited most money in an EU bank account but I also have a US bank account Would it be safer to move the money to the US account, what do you think?


keep it in a UK bank account. the banks are not gonna go bust if we brexit

If you put in an EU or US bank then fluctuations in the exchange rate may hurt you, eg: US becomes weaker, which weakens your US dollars meaning when you come to exchange back to you loose money.

if the £ weakens then it hits everyone in the UK ...so little effect on you [assuming you're living and spending in the UK]
  • #2,848
  • Edited 6:39am Jun 14, 2016 6:03am | Edited 6:39am
Hello All,

Thanks for the great thread! I have been following Trading Made Simple for several weeks and most recently this thread. I am happy with both threads as they are similar but add different views to trading.

I do have a few questions for the members that have been trading this system:

1. Do you see many fakeouts by not using an 5/10 EMA or Price action channel for trade?

2. Are you having more success with Daily or H4 charts? I have been focusing on H4 as it has more trade opportunities, however Daily charts would be easier over the summer with the kids out of school.

3. Is anyone using standard Japanese Candles? I prefer them on the higher TF as it shows PA more clearly.

Thanks!
Successful people do what unsuccessful people are not willing to do
  • #2,849
  • Jun 14, 2016 7:15am Jun 14, 2016 7:15am
Quoting luvene
{quote}Bad luck Moonie. I appreciate your honesty. Personally I learn more from some loosing trades than from winning trades. I lost 35 pips yesterday on NZD/USD. A few hours before I've made 50 pips winning on GBPCAD. You can't avoid losing trades unfortunately.....
Quite right Luvene, accepting losses are part of the game. I'm still well into the 90% win rate at the moment and the D1/H1 system is performing very well too. Out of the 4 trades, 2 have yielded 50 pips each, one is 40 pips up, the other is 5 pips up. That's more than enough for me. Happy trading Luvene. Moonie.
  • #2,850
  • Jun 14, 2016 7:22am Jun 14, 2016 7:22am
Quoting Moonie
{quote} Quite right Luvene, accepting losses are part of the game. I'm still well into the 90% win rate at the moment and the D1/H1 system is performing very well too. Out of the 4 trades, 2 have yielded 50 pips each, one is 40 pips up, the other is 5 pips up. That's more than enough for me. Happy trading Luvene. Moonie.
Moonie, any H1 trades today? I took the EURNZD for 50 and the NZDCAD for 25 (bailed at support)
  • #2,851
  • Jun 14, 2016 9:21am Jun 14, 2016 9:21am
Quoting Moonie
{quote} Quite right Luvene, accepting losses are part of the game. I'm still well into the 90% win rate at the moment and the D1/H1 system is performing very well too. Out of the 4 trades, 2 have yielded 50 pips each, one is 40 pips up, the other is 5 pips up. That's more than enough for me. Happy trading Luvene. Moonie.
Moonie, that's just fabulous. "Good-on-ya" mate. Are you taking entries during Asia too, or just London and NY if room left in ADR?
  • #2,852
  • Jun 14, 2016 9:40am Jun 14, 2016 9:40am
Hi all,
Posting my first try on this strategy. Short the trade GBPUSD H4.
Attached Image (click to enlarge)
Click to Enlarge Name: testing.PNG Size: 29 KB


This is a valid setup right?
  • #2,853
  • Jun 14, 2016 10:11am Jun 14, 2016 10:11am
Quoting theboringguy
Hi all, Posting my first try on this strategy. Short the trade GBPUSD H4. {image} This is a valid setup right?
I think I would pass on that, TDI is showing bullish divergence and also its occurring with the TDI way below 32.
  • #2,854
  • Jun 14, 2016 10:20am Jun 14, 2016 10:20am
Quoting Scrambleguy
{quote} I think I would pass on that, TDI is showing bullish divergence and also its occurring with the TDI way below 32.
Thanks Scrambleguy.

Let me try to list down the higher probability ways in trading this strategy.
Besides Mehdi's rule, in order to increase the probability, it is also better to:
1) get into sell position when TDI red green trend also pointing downwards, with tdi yellow pointing downward too, BUT above 32
2) get into buy position when TDI red green trend also pointing upwards, with tdi yellow pointing upwards too, BUT below 68
3) for method 2, when referring to stochastic nearing 50, is it also increase probability when stoch is pointing upwards when aiming to buy, rather than stoch pointing down?

Thanks for all the advice, trying to learn as much here
  • #2,855
  • Jun 14, 2016 10:50am Jun 14, 2016 10:50am
Quoting theboringguy
{quote} Thanks Scrambleguy. Let me try to list down the higher probability ways in trading this strategy. Besides Mehdi's rule, in order to increase the probability, it is also better to: 1) get into sell position when TDI red green trend also pointing downwards, with tdi yellow pointing downward too, BUT above 32 2) get into buy position when TDI red green trend also pointing upwards, with tdi yellow pointing upwards too, BUT below 68 3) for method 2, when referring to stochastic nearing 50, is it also increase probability when stoch is pointing...
Sell is pref red / green cross with yellow MBL above with green / red between 50 and 32, and visa versa for buy, pref first or second candle entry after cross, steeper angle the better. Stoch 50 and below method 2 for sell, over 20 method 1 for sell, over 50 for buy method 2, over 80 method 1 for buy. Also best to go with trend on 1 and 2 higher timeframes. Be wary of support / resistance in the way. Also try and stay away from small candles = consolidation.
  • #2,856
  • Jun 14, 2016 12:07pm Jun 14, 2016 12:07pm
Quoting temporal
{quote} If your trading method 1 using the rules from post 1, as written, its a about a 50/50 system. So it will turn good and then it will turn bad and so on.
Hi, would you be kind enough to post your backtesting that shows it as a 50/50 system, because those figures are quite different to those claimed for the thread.

Many thanks.
Don't ask me, I have no idea what's going on.
  • #2,857
  • Jun 14, 2016 12:09pm Jun 14, 2016 12:09pm
Quoting griffinssoul
{quote} 1 reason is 2 show a growing MT4 report sheet [4 wat ever reason ] - wat happens is that the gains r generally balanced out by the floating DD [unreleased losses] - even thou the account looks like its growing on the MT4 report sheet - cool trick yes
Took me a while to work that out, but I see what you mean and you're probably right, although why anyone would do that?????
Don't ask me, I have no idea what's going on.
  • #2,858
  • Jun 14, 2016 2:15pm Jun 14, 2016 2:15pm
Quoting bob44
{quote} Its only a stop loss take partial profit EA but it is simple and works well. I normally take partial profit at 30 or 40 % easy to set up plus it will auto put in your stop loss on a pending order so you can go to bed and forget about it , remembering to leave on your computer {file} My settings over night varies on pair {image}
Hi bob, I am not entirely sure how the " lock in pips" works can you clarify please?
  • #2,859
  • Jun 14, 2016 2:36pm Jun 14, 2016 2:36pm
Quoting GDayMates
{quote} Moonie, that's just fabulous. "Good-on-ya" mate. Are you taking entries during Asia too, or just London and NY if room left in ADR?
Cheers Gday,

I started a new job today, so until I'm settled in, I can't trade the H1. Therefore, I'm going to go live with the D1/H1 system. Check all the MTF charts at 10pm (GMT, when my daily candle opens) and then leave them overnight. Another one came in today, CCHF +50 pips, so that's three lots of 50 pips and the last one UCHF is -18 pips, fully expecting it to reverse and give me a full house.

Attached Image (click to enlarge)
Click to Enlarge Name: CCHF_Moonie.GIF Size: 79 KB


Cheers

Moonie
  • #2,860
  • Jun 14, 2016 2:39pm Jun 14, 2016 2:39pm
Quoting kingofkongye
{quote} Moonie, any H1 trades today? I took the EURNZD for 50 and the NZDCAD for 25 (bailed at support)
Hi mate, no H1 trades today, have a look at my previous post. Well done getting 75, another wheelbarrow full of cash!!!

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