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Lower risk, stress free TDI system

  • #3,161
  • Jun 17, 2016 4:26am Jun 17, 2016 4:26am
Quoting fxmir
{quote} This system is not for 1 hour chert, only for 4 hour and daily
Still, many trade this very successfully on 1H TF.

I would like some help in a trade setup. I am not trading, at this moment. I am still learning, so please comment. This candle is still open, but it looks like a good possible setup. I do not know how to add an image directly.

Attached Image (click to enlarge)
Click to Enlarge Name: Trade1.jpg Size: 283 KB


Here is my take on this setup. The Positive
Arrow A - Good cross above Yellow line with a strong slope.
Arrow B - Stoch very near 50 (although I get a feeling 80 is preferred by some for 1H TF)
Arrow C - Candle currently above PAC. Needs to close above, but it is promising.
Arrow D - EMA is down and close, but far enough for a good profit.
Line E - Possible resistance still quite far. Possibility of good profit.
H4 on multimeter is green
PA quite flat, possible breakout coming.

The Negative.
H1and D1 on Multimeter is Red
Arrow D - Trend is down. Big worry here and possible enough reason to pass on this trade.


Is there anything I am missing? Thanks guys.
  • #3,162
  • Jun 17, 2016 4:48am Jun 17, 2016 4:48am
Quoting griffinssoul
{quote} the problem is not specific 2 a TF - wat is the name of the TDI ..... there is repainting and not repainting....
griffinssoul, which tdi indicator do you use and what is your stoch indicator setting can you shear with us
  • #3,163
  • Jun 17, 2016 4:59am Jun 17, 2016 4:59am
Quoting kentsos
hi guys found a problem on a trade i done on gold. 1h chart the tdi was a cross green into red...but it repainted and turn into a rebound ... why is that...is that normal ? do let me know how can i avoid this plz... thanks and happy trading guys {image}
You must wait for the candle to close in order to see whether it was indeed a cross or a bounce.
  • #3,164
  • Jun 17, 2016 5:30am Jun 17, 2016 5:30am
Quoting mizi123
In these 2 systems dose 200Ma matters? Anyone to answer?
200EMA is a widely used level of dynamic support and resistance, it is generally thought to be a more effective SR level on longer TF's such as the D1 and W1, it is most interesting to look at it and see if in recent history it has been significant SR level, then decide how much notice you will take of it in the context of the trade you are thinking of.

Or at least that's how I do it.

Some people also use it for trend indication, eg go short when price is below and long when price is above
Don't ask me, I have no idea what's going on.
  • #3,165
  • Jun 17, 2016 5:36am Jun 17, 2016 5:36am
hi guys

really just for 4H and day charts ? i though can be used to 1H chart too...
i am using Moonie set...
TDI alerts advanced v2
and
TDI_WatchDog_mod
so mean i have to changed to a higher time frame ?

as u see guys... there are 2 lines in the green...why is that...

hope someone can help with this....


thanks guys
Attached Image
  • #3,166
  • Jun 17, 2016 5:37am Jun 17, 2016 5:37am
Quoting sjps
{quote} Still, many trade this very successfully on 1H TF. I would like some help in a trade setup. I am not trading, at this moment. I am still learning, so please comment. This candle is still open, but it looks like a good possible setup. I do not know how to add an image directly. {image} Here is my take on this setup. The Positive Arrow A - Good cross above Yellow line with a strong slope. Arrow B - Stoch very near 50 (although I get a feeling 80 is preferred by some for 1H TF) Arrow C - Candle currently above PAC. Needs to close above, but...
That looks like very good analysis to me, especially the final comment about the longer term trend - to me this is counter-trend and should not be taken.
I would also note that the previous most recent low is higher than the one before it which is also worrying as it indicates higher probability the trend is changing or possibly going to go sideways.

when many things are good - as you show, and only one or two things are not, it is sometimes too tempting to just take it anyway and hope for the best, I probably would not take this one though.
Don't ask me, I have no idea what's going on.
  • #3,167
  • Jun 17, 2016 5:46am Jun 17, 2016 5:46am
Quoting sjps
{quote} Hi Merrygold and other major players in this thread, What indicator do you use to plot those BRN's (Big Round Numbers)? Also, how important are these in Mehdi's strategy? Unless I missed a lot, I never saw Mehdi refering to BRN and Major Support and Resistance levels when he choose his trades. Unless I am greatly mistaken, he traded on the TDI and Stoch primarily. Could someone please update the rules of trading from page 1. I am not being difficult or argumentative, but I am struggling a bit with this strategy and in previous post newbies...
Analysing market structure is important in any strategy. There should always be done 2 analysis before entering a trade.

1. how is the trade according to the system
2. how is the market moving, look for sr levels.


hope it helps
MY SITTING, NEVER MY THINKING!
  • #3,168
  • Jun 17, 2016 5:47am Jun 17, 2016 5:47am
What setup is people using for 1H TF as opposed to the method's explained on the first post for the H4 & D1?
  • #3,169
  • Jun 17, 2016 5:56am Jun 17, 2016 5:56am
Quoting sjps
{quote} Still, many trade this very successfully on 1H TF. I would like some help in a trade setup. I am not trading, at this moment. I am still learning, so please comment. This candle is still open, but it looks like a good possible setup. I do not know how to add an image directly. {image} Here is my take on this setup. The Positive Arrow A - Good cross above Yellow line with a strong slope. Arrow B - Stoch very near 50 (although I get a feeling 80 is preferred by some for 1H TF) Arrow C - Candle currently above PAC. Needs to close above, but...

Check your4H chart to see if the green is above the fifty level, Your Multimeter is red , I think you should not ignor this as you want to see tour time frame plus the next higher TF being in unison ie both red or both green depending on the trade buy or sell
  • #3,170
  • Jun 17, 2016 5:59am Jun 17, 2016 5:59am
Quick 15 pips. today will be the last day trading, will only observe next week due to brexit
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_40.jpg Size: 197 KB
MY SITTING, NEVER MY THINKING!
  • #3,171
  • Jun 17, 2016 6:02am Jun 17, 2016 6:02am
Damn, whish i saw this setup before.

1h price bounce of 240ema.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_41.jpg Size: 65 KB
MY SITTING, NEVER MY THINKING!
  • #3,172
  • Jun 17, 2016 6:07am Jun 17, 2016 6:07am
Quoting griffinssoul
{quote} ....also sold right in 2 BRN 0.78 and D1 supp combo ..... not a good idea in strong uptrend [u got faked cause it was in consolidation [complicated wave 4 cause wave 2 was simple ] on the H4].....
whaaaa, its a honour for me that you qoute me post. your trading style has been such a big inspiration for me. i will never forget back in the days where you had almost 5k floating pips in likica' thread
MY SITTING, NEVER MY THINKING!
  • #3,173
  • Jun 17, 2016 6:10am Jun 17, 2016 6:10am
This system in my smartphone view
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2016-06-17-17-08-40.png Size: 151 KB
  • #3,174
  • Jun 17, 2016 6:11am Jun 17, 2016 6:11am
Summertime in germany.................
Attached Image (click to enlarge)
Click to Enlarge Name: 14661618406061916217951.jpg Size: 1.1 MB
MY SITTING, NEVER MY THINKING!
  • #3,175
  • Jun 17, 2016 6:13am Jun 17, 2016 6:13am
Quoting merrygold
Summertime in germany................. {image}
oh i have a plan to go germany this vacation
  • #3,176
  • Jun 17, 2016 6:14am Jun 17, 2016 6:14am
Quoting fxmir
{quote} oh i have a plan to go germany this vacation
buddy, i will pm you when the sun is up & the beer is cold
MY SITTING, NEVER MY THINKING!
  • #3,177
  • Jun 17, 2016 6:31am Jun 17, 2016 6:31am
Quoting fxmir
This system in my smartphone view {image}
Wow. What program are you using to achieve this. It is great. Would love to get that on my phone.
  • #3,178
  • Jun 17, 2016 6:32am Jun 17, 2016 6:32am
Quoting sjps
{quote} Still, many trade this very successfully on 1H TF. I would like some help in a trade setup. I am not trading, at this moment. I am still learning, so please comment. This candle is still open, but it looks like a good possible setup. I do not know how to add an image directly. {image} Here is my take on this setup. The Positive Arrow A - Good cross above Yellow line with a strong slope. Arrow B - Stoch very near 50 (although I get a feeling 80 is preferred by some for 1H TF) Arrow C - Candle currently above PAC. Needs to close above, but...
From my view gj is in a range, price is stuck within wide range bar.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_42.jpg Size: 190 KB
MY SITTING, NEVER MY THINKING!
  • #3,179
  • Jun 17, 2016 6:36am Jun 17, 2016 6:36am
Hi Merrygold I notice you sometimes trade with support and resistance lines for your scalps. In your expert opinion how far should I be going back in time to draw the trendlines from?

my charts look very congested now, I am going back 3 to 4 years on the daily, and maybe like a year on h4, and 6mths on h1 ...and i get the feeling this is too much lol

say you saw a setup today. how far would your support and resistance lines go?
  • #3,180
  • Jun 17, 2016 6:43am Jun 17, 2016 6:43am
Quoting merrygold
{quote} buddy, i will pm you when the sun is up & the beer is cold

Hey buddy,

before the sunrise at your end, we have another easy TDI system.

from TM to lower risk, stress free TDI and now we have a easy system using the same TDI.

http://www.forexfactory.com/showthread.php?t=595010

anyway, my beers are chilled ready for the big games tonight .

Cheers!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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