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  • #381
  • Sep 2, 2016 9:27am Sep 2, 2016 9:27am
Quoting sathishbuddy
Thanks for the information drewas.... And one more question how to use the ADR. In the picture it shows Rmup:82, RMDn:114 & T=71. what is the meaning for this
Average Daily Range (ADR) is used to give an idea of how far a pair may move each day so if you look at ADR on the picture says 133 pips so recently the pair moves around 133 pips per day. Obviously yesterdays 189 bumped up the average from 115 on 5days and 114 on 20days.

Room up or down is the room youve got left before price hits yesterdays pips range so if your approaching one of those or the 5 day average you might consider looking for an exit or think twice about entering a trade.

Used in isolation it doesnt mean much but if you know a pair usually moves 100 pips and its only moved 10 at the moment (provided you take into count other factors eg time of day, news, etc) it improves probability that it will move to or around 100 the ADR.

Hope that helps. There are probably more concise answers if you google. ADR.
We're all just one trade away from humility.
  • #382
  • Sep 2, 2016 9:53am Sep 2, 2016 9:53am
Thanks for sharing your knowledge man...
salute for the master trader drewas
  • #383
  • Sep 5, 2016 2:35am Sep 5, 2016 2:35am
Bit late to the party this morning any good setups?

GBPUSD maybe fridays yellow semaphore hasnt gone through MACD 0 to form new peak yet?

Attached Image (click to enlarge)
Click to Enlarge Name: 0509gbpusd.PNG Size: 41 KB


Tried to go there already. Risky though.
We're all just one trade away from humility.
  • #384
  • Sep 5, 2016 5:04am Sep 5, 2016 5:04am
Quoting Drewas
Bit late to the party this morning any good setups? GBPUSD maybe fridays yellow semaphore hasnt gone through MACD 0 to form new peak yet? {image} Tried to go there already. Risky though.
Went short on EU, but with that holiday going on...
  • #385
  • Sep 5, 2016 7:16am Sep 5, 2016 7:16am
Hi Drewas and other followers, participants.

Not too bad with this one !

Thanks

Best regards

BBF
Attached Image (click to enlarge)
Click to Enlarge Name: 20160905_EURJPY.png Size: 52 KB
BigBlackfeet Always on the(forex) war path !
  • #386
  • Sep 5, 2016 10:24am Sep 5, 2016 10:24am
Quoting Go5
{quote} Went short on EU, but with that holiday going on...
Could have bagged yourself 30 odd pips on that one?
We're all just one trade away from humility.
  • #387
  • Sep 5, 2016 10:26am Sep 5, 2016 10:26am
Quoting BLACKFEET
Hi Drewas and other followers, participants. Not too bad with this one ! Thanks Best regards BBF {image}
Nice

See how even though its against the trend price went through 0 on MACD and created new peak after fridays yellow semaphore sun. See how that has happened on a number of pairs today xxxJPY and EURUSD.
We're all just one trade away from humility.
  • #388
  • Sep 5, 2016 10:38am Sep 5, 2016 10:38am
Quoting Drewas
{quote} Could have bagged yourself 30 odd pips on that one?
Just closed it for 19 pips since it attempted to retrace. Max was 27 pips so far.

Alos closed my long UJ for -2...
  • #389
  • Sep 6, 2016 1:54pm Sep 6, 2016 1:54pm
Hi Drewas, all
First thanks a lot Drewas for sharing the system, just to let you know people like myself are finding value out of this, (even when not posting) so please continue to share progress and strategies, this is a great thread. I have been trialing the system for 2 days only, but with positive results. I will share screenshots, and ask more questions tomorrow when not so busy...
thanks again, keep up the great work!
  • #390
  • Sep 7, 2016 2:46am Sep 7, 2016 2:46am
Quoting jimko
Hi Drewas, all First thanks a lot Drewas for sharing the system, just to let you know people like myself are finding value out of this, (even when not posting) so please continue to share progress and strategies, this is a great thread. I have been trialing the system for 2 days only, but with positive results. I will share screenshots, and ask more questions tomorrow when not so busy... thanks again, keep up the great work!
Cool Jimko glad your benefiting and making pips. The system works just need to persevere I cant post every day but the more people that post the better. I always learn more from my losses than when they win.
We're all just one trade away from humility.
  • #391
  • Sep 7, 2016 4:36am Sep 7, 2016 4:36am
In on EURJPY slow burner. Is against longer term trend but already reached ADR today so is there room for some pips on the retrace to MACD peak or will it turn and continue back to the ADR and beyond. Who knows, I dont, will be watching like a hawk.

Attached Image (click to enlarge)
Click to Enlarge Name: 070916eurjpy.PNG Size: 46 KB
We're all just one trade away from humility.
  • #392
  • Sep 7, 2016 5:04am Sep 7, 2016 5:04am
Quoting Drewas
In on EURJPY slow burner. Is against longer term trend but already reached ADR today so is there room for some pips on the retrace to MACD peak or will it turn and continue back to the ADR and beyond. Who knows, I dont, will be watching like a hawk. {image}
Closed that EJ long for -9, still short on EU, is hardly moving though...
  • #393
  • Sep 7, 2016 5:52am Sep 7, 2016 5:52am
Quoting Go5
{quote} Closed that EJ long for -9, still short on EU, is hardly moving though...
Closed EU for -3.
  • #394
  • Sep 7, 2016 3:13pm Sep 7, 2016 3:13pm
Hi Drewas,

I notice on your recent posts you are using the Synergy Pro TDI rather than the TDI Red Green attached to post #1. I was reading through some of the TMS thread today and came across this post - http://www.forexfactory.com/showthre...26#post8438126

The post says to use the TDI Realtime (in the absence of having the Synergy Pro TDI which is presumably a paid for indy?) and change the settings to match the default setting of the Synergy Pro TDI. It also says the TDI Red Green repaints so I thought I'd give the TDI REaltime a try. Please can you post a screen shot of your Synergy Pro TDI settings so I can use the same settings in the TDI Realtime?

Thanks
Nelson
  • #395
  • Sep 7, 2016 6:26pm Sep 7, 2016 6:26pm
So took a very long time but i held for 30 pips. I set the lower take profit as price been mving slowly today and it hit around the pink semaphore bouncing off the Guppy MA.


Attached Image (click to enlarge)
Click to Enlarge Name: 070916eurjpyresult.PNG Size: 59 KB
We're all just one trade away from humility.
  • #396
  • Sep 7, 2016 6:28pm Sep 7, 2016 6:28pm
Quoting Nelson35a
Hi Drewas, I notice on your recent posts you are using the Synergy Pro TDI rather than the TDI Red Green attached to post #1. I was reading through some of the TMS thread today and came across this post - http://www.forexfactory.com/showthre...26#post8438126 The post says to use the TDI Realtime (in the absence of having the Synergy Pro TDI which is presumably a paid for indy?) and change the settings to match the default setting of the Synergy Pro TDI. It also says the TDI Red Green repaints so I thought I'd give the TDI REaltime...
Nelson the only settings in the TDi are the RSI 10 value. The Synergy Pro indicators are paid for although i believe they can be found on this site through the paperclip if you look hard.
We're all just one trade away from humility.
  • #397
  • Sep 7, 2016 6:54pm Sep 7, 2016 6:54pm
Hi Drewas, thank you so much for sharing your system with everyone. I was wondering if you look at lower timeframes to enter? I see sometimes where a trade looks good on the 4 hour but looks good in the other direction on the 1 hour.
  • #398
  • Sep 8, 2016 2:25am Sep 8, 2016 2:25am
Quoting theSix
Hi Drewas, thank you so much for sharing your system with everyone. I was wondering if you look at lower timeframes to enter? I see sometimes where a trade looks good on the 4 hour but looks good in the other direction on the 1 hour.
I occasionally look at daily but predominantly 1HR. 1HR is my focus and look to make 50 - 100 pips that day.
We're all just one trade away from humility.
  • #399
  • Sep 8, 2016 4:15am Sep 8, 2016 4:15am
Quoting Drewas
{quote} Nelson the only settings in the TDi are the RSI 10 value. The Synergy Pro indicators are paid for although i believe they can be found on this site through the paperclip if you look hard.
Thanks Drewas. Here is an image from my MT4 showing the TDI Realtime indy for 6-7 Sept which pretty much matches accurately your Synergy Pro TDI for the same time period.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY-6-7Sep.png Size: 39 KB


If anyone else wants to try the TDI Realtime (which doesn't repaint) it is available here - http://www.forexfactory.com/showthre...71#post6625171. Here are the settings for it so it matches the Synergy Pro TDI.

Attached Image
  • #400
  • Sep 8, 2016 5:34am Sep 8, 2016 5:34am
Hi DREWAS and followers, participants

In the making !

Best regards

BBF
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD.png Size: 54 KB
BigBlackfeet Always on the(forex) war path !
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