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Lower risk, stress free TDI system

  • #2,881
  • Jun 15, 2016 2:04am Jun 15, 2016 2:04am
Quoting imdisaait
Hi All, I opened some trades today using the normal ways that used during the last 2-3 days... Today market is not so friendly was like in the last two days....... but none of the today's opened trades was closed yet.... Lets wait and see how the market is going to move when the london open.....lets see.... image - list of open trades today.... {image}
Entering in Asian session is too risky, IMHO, the signals are never clear unless the pair really is moving, which they will be later on with all the news events.

Look at the AUDUSD, seems you got entered at 0.7349 and then the next bar reversed immediately ???
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It takes a lot for me to IGNORE you, but you can try.
  • #2,882
  • Jun 15, 2016 2:07am Jun 15, 2016 2:07am
method 1 - wit fast stocs - EN H4 - 1 ticket ...... i use the faster stoc settings here cause its a correction 2 the impulse move with trend - TDI bounce long - strong W1 supp down below wit strong D1/W1 resistance up top
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  • #2,883
  • Jun 15, 2016 2:10am Jun 15, 2016 2:10am
Quoting monaghan
{quote} Thanks GS and well done on yours to, that candle where the red line is through was the closing daily candle this morning, the white line above is a three touch trend line which was broken yesterday, using Medhi's system basically and my Daily Support Green Line was all i needed, done for the day now, all the best to you
hey monaghan - i want 2 learn more about ur style .... looks interest'n 2 me ..... thnx buddy
  • #2,884
  • Jun 15, 2016 2:15am Jun 15, 2016 2:15am
Quoting luvene
{quote}For the record, it is certainly not meant to criticize Moonie. We appreciate precisely his great contribution in this topic. @Tibetsun : Moonie is doing this because he started a new job and because of that I think he doesn't have the time he had before. Trading...
Just on the train to work so can't post a chart but a 50 pip loss confirmed on the NC. I'll keep on trying until the end of the week and if it doesn't work out, I'll have to turn to the Teamviewer method, turn the alerts on and try and check every hour of I'm not in a meeting.
  • #2,885
  • Edited 3:32am Jun 15, 2016 2:18am | Edited 3:32am
Quoting Gizzledonk
{quote} 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?????
yes, why? ...... u have 2 tink more like a salesman than trader - wat u must do is manage ur losers [yes u need losers otherwise the MT4 report sheet looks way 2 good ] - this can be done using 2 methods - first is u wait 4 recovered trades [that could have been -500pips down or wat ever] & take them as a smaller loss to optimize ur realized DD [this will appear on the MT4 report] - sometimes the numbers wont add up so u can throw in a hand full of sure losses [this is easy 2 do right] ...... sometimes red news will recover some of ur floating losses and make them winners - in this case u must not show the actual balance curve on the MT4 report [just the numbers] cause the spike will give the game away
  • #2,886
  • Jun 15, 2016 2:19am Jun 15, 2016 2:19am
Quoting Erebus
{quote} Entering in Asian session is too risky, IMHO, the signals are never clear unless the pair really is moving, which they will be later on with all the news events. Look at the AUDUSD, seems you got entered at 0.7349 and then the next bar reversed immediately ??? {image}

Thx a Lot Erebus!

u r absolutely right.
normally before opening a trade, I used to check the remaining free space - pips to reach nearest range line, I do not know why i missed it here....

now i checked it, it had only 15pips to the lower range.
that is when i opened the trade it had 15pips to reach lower - upper line of average range.
if i knew it.... what i used to do is set EA to lock profit of +3pips or profit when the trade gained +10pips.
Actually the trade has gone to +14.5pips and then reversed
somehow I missed this checking task in this trade
this is a good lesson...
I really appreciate your feed back
GL
Ere
imdi
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  • #2,887
  • Jun 15, 2016 2:21am Jun 15, 2016 2:21am
Quoting kain775
{quote} the trade isn't perfect because at the time of the trade if you look at the tdi green line there was divergence going against you. someone please correct me if im wrong, im not an expert at this but im learning.
Yes you're right about the divergence. We just need to be careful that we do not make it too complicated and placing more indicators to get more confidence thinking it will just be easier. The opposite is true! But, divergence is a really good one.
Keep it simple without too many crappy indicators!
  • #2,888
  • Jun 15, 2016 2:23am Jun 15, 2016 2:23am
Quoting imdisaait
{quote} hi kumar I mainly used Watchdog, TDI, Stoch with 14,3,3 & also Stoch 28,3,3 on top of it, Weekly pivot, APB, 40 & 240 emas these are the main thing i use to search trades..... Though there are some other indicators i do not depend on them so be focus on the Medhi said and try it starting from there, then you may feel what-else you want or not... GL imdi
can you share your template and indicators
stay cool when trade begins
  • #2,889
  • Jun 15, 2016 2:35am Jun 15, 2016 2:35am
Quoting griffinssoul
method 1 - wit fast stocs - EN H4 - 1 ticket ...... i use the faster stoc settings here cause its a correction 2 the impulse move with trend - TDI bounce long - strong W1 supp down below wit strong D1/W1 resistance up top {image}
Morning from Cape Town GS
and well done , i have marked my chart where you would have entered, me to if i had seen it, from my red line to the next blue candle is where i think you made an excellent entry, let me explain why i would also have taken it, for me its all about trading a clear road, at the bottom pink line is my 4hr support and white my auto trendline, above is my 200weekly ma gold line and pink 4 hr resistance, the clear road up is 133 pips, rocket science?? i don't think so, trading with Mehdis system is the way to go, finding the entries is the biggest problem, but if you don't trade with SR you can forget it, i see plenty of people doing this and in the long run they will loose if they don't know there is a road block in the way of there trade, well done again GS.
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  • #2,890
  • Jun 15, 2016 2:36am Jun 15, 2016 2:36am
Quoting griffinssoul
method 1 - wit fast stocs - EN H4 - 1 ticket ...... i use the faster stoc settings here cause its a correction 2 the impulse move with trend - TDI bounce long - strong W1 supp down below wit strong D1/W1 resistance up top {image}
grt work of illustration for a framing the trade range...
nice lesson for me Griff

thx
imdi
  • #2,891
  • Jun 15, 2016 2:44am Jun 15, 2016 2:44am
Quoting monaghan
{quote} Morning from Cape Town GS and well done , i have marked my chart where you would have entered, me to if i had seen it, from my red line to the next blue candle is where i think you made an excellent entry, let me explain why i would also have taken it, for me its all about trading a clear road, at the bottom pink line is my 4hr support and white my auto trendline, above is my 200weekly ma gold line and pink 4 hr resistance, the clear road up is 133 pips, rocket science?? i don't think so, trading with Mehdis system is the way to go, finding...

grt post
lot to consider and learn from your input
thx mona

imdi
  • #2,892
  • Jun 15, 2016 2:51am Jun 15, 2016 2:51am
Quoting rajkumar3192
{quote} can you share your template and indicators

Try this ..
You have a home work to search and set the indicator....
Try and if unable let me know ok
GL
Attached Image (click to enlarge)
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Attached File(s)
File Type: tpl My Template for Medhi Method.tpl   25 KB | 408 downloads
  • #2,893
  • Jun 15, 2016 2:54am Jun 15, 2016 2:54am
There's not much about on D1 & H4 this morning!!
  • #2,894
  • Jun 15, 2016 2:56am Jun 15, 2016 2:56am
Quoting imdisaait
{quote} grt post lot to consider and learn from your input thx mona imdi
You are very welcome Imdi,
it took me years to understand why good entry's kept reversing on me, now i know, SR, lines, weekly, monthly daily 15 min MA's if you don't know they are there it makes trading really tough, its not to say that these road blocks don't get broken at times they do, but you have a fighting chance if you do know, good luck
  • #2,895
  • Jun 15, 2016 2:58am Jun 15, 2016 2:58am
Quoting Richard1537
There's not much about on D1 & H4 this morning!!
Thats because of all the news ahead
  • #2,896
  • Jun 15, 2016 3:01am Jun 15, 2016 3:01am
Quoting monaghan
{quote} Morning from Cape Town GS and well done , i have marked my chart where you would have entered, me to if i had seen it, from my red line to the next blue candle is where i think you made an excellent entry, let me explain why i would also have taken it, for me its all about trading a clear road, at the bottom pink line is my 4hr support and white my auto trendline, above is my 200weekly ma gold line and pink 4 hr resistance, the clear road up is 133 pips, rocket science?? i don't think so, trading with Mehdis system is the way to go, finding...
superb indepth analysis monaghan - many thnx 4 ur valuable posts here

Quoting imdisaait
{quote} grt work of illustration for a framing the trade range... nice lesson for me Griff thx imdi
u r welcome buddy - keep going !!!!
  • #2,897
  • Jun 15, 2016 3:08am Jun 15, 2016 3:08am
Quoting Moonie
{quote} Just on the train to work so can't post a chart but a 50 pip loss confirmed on the NC. I'll keep on trying until the end of the week and if it doesn't work out, I'll have to turn to the Teamviewer method, turn the alerts on and try and check every hour of I'm not in a meeting.
Hi moonie, Thank you for explanation your technique by video, and for your indicator. By the way, my TDI alert from you cannot send me email when a signal came. which one i must fill? thank you
  • #2,898
  • Jun 15, 2016 3:21am Jun 15, 2016 3:21am
Quoting griffinssoul
{quote} superb indepth analysis monaghan - many thnx 4 ur valuable posts here {quote} u r welcome buddy - keep going !!!!
Thanks GS
I actually hated the indi and shelved it for a long time as it stops me from entering a lot of trades, but its back on as most of the time its right
  • #2,899
  • Jun 15, 2016 3:25am Jun 15, 2016 3:25am
Quoting imdisaait
{quote} Try this .. You have a home work to search and set the indicator.... Try and if unable let me know ok GL {image} {file}
thanks man ..
made my work .. why this indicator not working
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stay cool when trade begins
  • #2,900
  • Jun 15, 2016 3:30am Jun 15, 2016 3:30am
Quoting rajkumar3192
{quote} thanks man .. made my work .. why this indicator not working {image}
Refer to Mike's post #2340.
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