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Lower risk, stress free TDI system

  • #4,341
  • Aug 26, 2016 4:32am Aug 26, 2016 4:32am
"Hey guys,
please, look at audjpy chart below" sorry m8 that wasnt AJ ; looked like EJ to me
  • #4,342
  • Aug 26, 2016 5:50am Aug 26, 2016 5:50am
Quoting majrou666
{quote} Isnt it valid signal for method 2 if Stoch is below 20? I thought it can be near or below 50 or the same as for method 1. Thanks for you advice.
On this thread
Read post One Rule 3-1
  • #4,343
  • Aug 26, 2016 6:05am Aug 26, 2016 6:05am
Quoting Lookleft
{quote} Yes it was a valid signal (it was EURJPY by the way)
Hi LL
Do i miss something that you say it was a valid signal
  • #4,344
  • Aug 26, 2016 6:31am Aug 26, 2016 6:31am
Quoting Tekkies
{quote} Hi LL Do i miss something that you say it was a valid signal
Yep you sure did
1) Check method 1 for possible entries on chart 4H
Never argue with a fool; onlookers may not be able to tell the difference.
  • #4,345
  • Aug 26, 2016 8:39am Aug 26, 2016 8:39am
Has there been an update to this strategy since post one rules outline?
Gentlemen always play by the rules, if they can't, they change them.
  • #4,346
  • Aug 26, 2016 12:08pm Aug 26, 2016 12:08pm
Quoting Lookleft
{quote} Yep you sure did 1) Check method 1 for possible entries on chart 4H
???????????
Is support and resistance such a mental block that a few miljoen trades obey it?
  • #4,347
  • Edited 2:04pm Aug 26, 2016 1:45pm | Edited 2:04pm
Hello Lookleft,

I'm not sure if this one can be considered as Method 1

Kind regards...
Attached Image (click to enlarge)
Click to Enlarge Name: Captureme.JPG Size: 162 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #4,348
  • Aug 26, 2016 5:26pm Aug 26, 2016 5:26pm
Quoting v2vboni
Hello Lookleft, I'm not sure if this one can be considered as Method 1 Kind regards... {image}
I think that now is too late for an entry. I think that a better entry will be an eventual rebound, always with stock under 20.
  • #4,349
  • Aug 26, 2016 7:05pm Aug 26, 2016 7:05pm
Sharing these to other babies like me... ; )-

TDI = Traders Dynamic Index

TMS = Trading Made Simple
TPL = TDI Price Line (Green Line)
TSL = TDI Signal Line (Red Line)
MBL = Market Base Line (Yellow Line)
VB =Volatility Bands (Blue Lines)
APB = Average Price Bars
PAC = Price Action Channel
MA = Moving Average
EMA - Exponential Moving Average
NSL- New Structure Low
NSH - New Structure High

SW = Swing
HH = Higher High (swing)
HL = Higher Low (swing)
LH = Lower High (swing)
LL = Lower Low (swing)

HA = Heiken Ashi
DOL = Daily Open Line
MC = Master Candle.
WRB = Wide Range Bar
RM = Ranging Market
MM = Money Management also Market Maker
ME / ME = Multiple Entries / Multiple Exits
R:R = Risk:Reward Ratio
DD = Draw Down
BE = Break Even
EA = Expert Advisor
FIFO = First In First Out

TF= Time Frame
MTF = Multi Time Frame
LTF= Lower Time Frame
HTF= Higher Time Frame

TA = Technical Analysis
BRN = Big Round Number
RN = Round Number

PA = Price Action - Japanese Candles (www.investopedia.com/terms/p/price-action.asp)
CS = CandleStick
S/R = Support/Resistance
TL = Trend Line
BO = Breakout
PB = Pullback
RET = Retracement
DIV = Divergence
CT = Counter Trend

EP = Entry Price
SL = Stop Loss
TP = Take Profit
TS = Trailing Stop
BE = Break Even
P&L = Profit and Loss

PB = Pin Bar
IB = Inside Bar
OB = Outside Bar
BEOB = Bearish Engulfing Outside Bar
BUEOB = Bullish Engulfing Outside Bar
FTA = First Trouble Area
PPZ = Price Pivot Zone

FOMC...Federal Open Market Committee (www.investopedia.com/terms/f/fomc.asp)
NFA.....National Futures Association (www.investopedia.com/terms/n/nfa.asp) (regulatory)
NFP.....Non-Farm Payroll (www.investopedia.com/terms/n/nonfarmpayroll.asp) (economic indicator)
OHLC....Open, High, Low, Close (www.investopedia.com/terms/o/ohlcchart.asp) (chart)

v2vboni - this is me ; )-

Links to Glossaries:
------------------------------------
Forex Trader's Glossary (www.efxnow.com/glossary/commentary.html)
Forex Trading Terms (www.investopedia.com/categories/forex.asp)
Technical Analysis Terms (http://www.investopedia.com/categori...alanalysis.asp)
Financial Acronyms (www.investopedia.com/categories/acronyms.asp)
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #4,350
  • Aug 26, 2016 7:18pm Aug 26, 2016 7:18pm
Hey guys, I will be testing this out. Has anyone done well with this system. Seems to have a lot of potential.
Gentlemen always play by the rules, if they can't, they change them.
  • #4,351
  • Aug 26, 2016 8:10pm Aug 26, 2016 8:10pm
Quoting Bsmile44
Hey guys, I will be testing this out. Has anyone done well with this system. Seems to have a lot of potential.

my advice:
do not trade live with your hard earned real money until you have demo traded and achieved a consistent win rate after 1,000 trades.
do your own financial planning and a business plan for forex trading.
start with a capital equal to one year your annual salary.
deposit 50% of your capital in a bank and earn compounding interest plus term bonus which some banks offer.
use the other 50% of your capital as your forex trading business. plan you trading with extreme caution. limit your losses / trade drawdown DD to no more than 10% in any one trade period of say 20-trading days. know how to recover from DD and have a plan.
pick only the best setups without any compromise. do not gamble.
after 1,000 trades, you would have learned a lot and become wiser how to pick only the best setups, you will learn the importance in having the discipline to pick the best setups, entries and exits.
at the end completion of 1,000 trades, you will feel less stress because your other 50% deposited in your bank is still safe with minimal risk.

enjoy the journey!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,352
  • Aug 27, 2016 12:39am Aug 27, 2016 12:39am
Quoting v2vboni
Hello Lookleft, I'm not sure if this one can be considered as Method 1 Kind regards... {image}
WK has completed harmonic pattern, so downside is plausible I think... but current price doesn't look that cheap to sell @ DY....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #4,353
  • Aug 27, 2016 9:16pm Aug 27, 2016 9:16pm
Quoting Lookleft
{quote} I prefer the synergy pro TDI but if your one works for you stick with it and learn what it is telling you. By the way watch your M30 EG trade if price gets to the 0.8566 area
thats wat i call a trader who knows their stuff
  • #4,354
  • Edited 10:20pm Aug 27, 2016 9:44pm | Edited 10:20pm
Quoting Bsmile44
Hey guys, I will be testing this out. Has anyone done well with this system. Seems to have a lot of potential.
IMO - for noobs the question 2 ask is - do i have a lot of potential 4 trading ..... their are many many systems here on ffactory that u can explore ...... 4 example check out abokwaik's most brillant idea thread http://www.forexfactory.com/showthre...=579737&page=3 [he also has a robot lab that is mega stella & many other thread ideas]

IMO ffactory is one of the most excellent learning forum ..... its totally free & packed with info that would take u like forever 2 read ..... 4 example - u can learn about some potential dangers of 4x trading http://www.forexfactory.com/showthread.php?t=246628

1 trader i follow - cause he has done so well [noting 2 do with win% or anyting like that] - is Kmw [ http://www.forexfactory.com/kmw ] - check out his explorer results 4 a realistic journey thru 4x for a solid trader

Quote
The consistency you seek is in your mind, not in the markets. Mark Douglas

the market is not consistent but for the trader consistency doesnt mean regularity - watch the u tube vid on this thread http://www.forexfactory.com/showthread.php?t=604187

GL guys and grow that demo account
  • #4,355
  • Aug 27, 2016 11:41pm Aug 27, 2016 11:41pm
some good points and i agree forex factory is a great resource

however that kmw guys TE looks like sh* right now, would NOT want to trade like that

Quoting griffinssoul
{quote} IMO - for noobs the question 2 ask is - do i have a lot of potential 4 trading ..... their are many many systems here on ffactory that u can explore ...... 4 example check out abokwaik's most brillant idea thread http://www.forexfactory.com/showthre...=579737&page=3 [he also has a robot lab that is mega stella & many other thread ideas] IMO ffactory is one of the most excellent learning forum ..... its totally free & packed with info that would take u like forever 2 read ..... 4 example - u can learn...
  • #4,356
  • Aug 28, 2016 12:55am Aug 28, 2016 12:55am
Quoting blamshakk
some good points and i agree forex factory is a great resource however that kmw guys TE looks like sh* right now, would NOT want to trade like that {quote}

there are 3 lessons I learn looking at his TE.

1) focus on trading only the major currency pairs - AUDUSD, USDCAD, NZDUSD which he had many profitable trades.

2) avoid trading the commod crosses - AUDNZD, AUDCAD and NZDCAD. These pairs are for speculators and gamblers.

3) use R-Multiple trade management, i.e. cut loss when the risk R % is the initial stop loss. Do not let trades run in losses larger than initial risk. He has few big losees which far exceeded his initial risk%.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,357
  • Aug 28, 2016 4:39am Aug 28, 2016 4:39am
Quoting blamshakk
some good points and i agree forex factory is a great resource however that kmw guys TE looks like sh* right now, would NOT want to trade like that {quote}
thnx blamshakk ..... hope it helps traders

look @ Kmw's journey ..... the big picture .... lots of noob traders keep asking if u can make it trading ..... there is a simple thing u can do to see by look'n @ Trade Explorers (TE) ..... here is wat i did .....

first i ignored all trader results posted directly from MT4's report - this is useless 4 analysis [we only do this 4 confidence build'n - it cant b used to prove anyting ]

second i filtered the TE results here on ffactory for traders wit 3 or more years - just under 500 TE's

third i ignored all demo accounts and the ones wit restricted data

then i only collected the overall [annualized] winners

IMO doing this paints a realistic picture of wat 4x trading is all about & the very small % of traders that get there - this is why i say Kmw is a solid trader .... compared to wat i have seen
  • #4,358
  • Aug 28, 2016 5:06am Aug 28, 2016 5:06am
Quoting heispark
{quote} WK has completed harmonic pattern, so downside is plausible I think... but current price doesn't look that cheap to sell @ DY.... {image}

Thanks for your another point of view. I'll try to manage my short.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #4,359
  • Aug 28, 2016 5:16am Aug 28, 2016 5:16am
Who is trading like sh.t at the moment, has been for a couple of months actually though he is still in overall profit from what He started trading with, but thanks for drawing attention to something that kmw knows already.

At least that kmw guy has the guts to have a TE. Perhaps one should prove he can do better rather than merely talking about another's misadventures
"You know what needs to be addressed , completely completely reverse that".
  • #4,360
  • Edited 8:38am Aug 28, 2016 5:23am | Edited 8:38am
Just testing the TMS Angleator by GS that I am currently working on --- I'll share the indicator at TMS Dev Journal soon.

Please verify if my signal reading for Buy - Method 1 is correct as it might respect a possible resistance - 200 EMA at H4, channel, and 61.8 Fibs. However, on H4, you could see that the yellow line is at 69 overbought level.
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
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