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  • #72,441
  • Oct 19, 2016 11:26pm Oct 19, 2016 11:26pm
Are this good potential buy set up?
or just trading against the trend line?
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  • #72,442
  • Oct 19, 2016 11:58pm Oct 19, 2016 11:58pm
Quoting leescofield
http://www.chinaforexexpo.com/index.php?lang=en Hi guy,anyone will come to Shenzhen next week to attend the Forex Expo. We may meet each others. {image}

Are you attending?
  • #72,443
  • Oct 20, 2016 1:44am Oct 20, 2016 1:44am
Quoting Fbps
{quote} Here you go...but I haven't figured out how to get the bars as shown in Emm previous posts. My bars are thin lines (see screenshot). {file} {image}
Thanks Fpbs, but I need an indicator to draw TDI in the main chart as stratman minicharts used to do....
  • #72,444
  • Oct 20, 2016 2:55am Oct 20, 2016 2:55am
Quoting mlperlas
Are this good potential buy set up? or just trading against the trend line? {image}
Yes. This one looks legit. You focus on green crossing red mainly. Also there is support level below - for me it is going to be LONG.
  • #72,445
  • Oct 20, 2016 3:11am Oct 20, 2016 3:11am
Entered AUD/CAD on Daily Chart long. Holding to try and break through overhead Resistance as Bullish candle running up to level...
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  • #72,446
  • Oct 20, 2016 3:23am Oct 20, 2016 3:23am
Quoting Daniel 777
Entered AUD/CAD on Daily Chart long. Holding to try and break through overhead Resistance as Bullish candle running up to level... {image}
GBPCAD & EURCAD looking like they want to go higher too...
All for one and one for all
  • #72,447
  • Oct 20, 2016 3:50am Oct 20, 2016 3:50am
Quoting cvgreen46
{quote} thank you for the alert files, I will add them once I have cleaned up the chart
Are the indicators any way useful?
  • #72,448
  • Oct 20, 2016 4:02am Oct 20, 2016 4:02am
Hey everyone, just a quick question for anyone with any knowledge about the subject. I see there is a lot of news through the week which is marked as red, I'm assuming there are some that are more important than others. For example I was long AUDJPY after a cross on TDI on H4 in the direction of the trend. And it reversed on me after the news. Just wondering how to determine which news is more important than others, as I'm assuming with H4 trading we will trade through news on the currency we trading.
  • #72,449
  • Oct 20, 2016 4:03am Oct 20, 2016 4:03am
Quoting Tekkies
{quote} Are the indicators any way usefull?
I have loaded your version of the TDI and alarm and am currently running them along with the Synergy_Pro_TDI that I am already using. So far the difference is, as you say, very small but maybe I prefer the smoothness of the Synergy indicator and as I am also watching the charts regularly, I'm not sure I need an alarm. I will test them a little longer.
All for one and one for all
  • #72,450
  • Oct 20, 2016 4:11am Oct 20, 2016 4:11am
Quoting TheRock
Hey everyone, just a quick question for anyone with any knowledge about the subject. I see there is a lot of news through the week which is marked as red, I'm assuming there are some that are more important than others. For example I was long AUDJPY after a cross on TDI on H4 in the direction of the trend. And it reversed on me after the news. Just wondering how to determine which news is more important than others, as I'm assuming with H4 trading we will trade through news on the currency we trading.
If it is marked as red then it is high impact expected, medium impact is orange and low impact is yellow. That is the way most traders guage it especially if you are trading that particular currency but it can also have a knock on effect with other currencies.
Success means going from failure to failure without loss of enthusiasm
  • #72,451
  • Oct 20, 2016 4:26am Oct 20, 2016 4:26am
Quoting TheRock
Hey everyone, just a quick question for anyone with any knowledge about the subject. I see there is a lot of news through the week which is marked as red, I'm assuming there are some that are more important than others. For example I was long AUDJPY after a cross on TDI on H4 in the direction of the trend. And it reversed on me after the news. Just wondering how to determine which news is more important than others, as I'm assuming with H4 trading we will trade through news on the currency we trading.
You must see / look if it is a red announcement. BigE said news has little effect on the 4 hour chart post#11
  • #72,452
  • Oct 20, 2016 4:27am Oct 20, 2016 4:27am
Quoting TheRock
Hey everyone, just a quick question for anyone with any knowledge about the subject. I see there is a lot of news through the week which is marked as red, I'm assuming there are some that are more important than others. For example I was long AUDJPY after a cross on TDI on H4 in the direction of the trend. And it reversed on me after the news. Just wondering how to determine which news is more important than others, as I'm assuming with H4 trading we will trade through news on the currency we trading.
AUDJPY long???
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  • #72,453
  • Oct 20, 2016 4:31am Oct 20, 2016 4:31am
Quoting cvgreen46
{quote} I have loaded your version of the TDI and alarm and am currently running them along with the Synergy_Pro_TDI that I am already using. So far the difference is, as you say, very small but maybe I prefer the smoothness of the Synergy indicator and as I am also watching the charts regularly, I'm not sure I need an alarm. I will test them a little longer.
Thanks. I use the alarm to call me to the PC when away. The sharpness of RSI may save a few pips. On the other side can cost you dearly, if I knew how I would prefer to program it a be slower, just tad bit to make sure the market really what to move that way.
  • #72,454
  • Oct 20, 2016 4:36am Oct 20, 2016 4:36am
Quoting Plainview
{quote} Yes. This one looks legit. You focus on green crossing red mainly. Also there is support level below - for me it is going to be LONG.
Hi Plainview. How do you find TMS now. Are you winning?
  • #72,455
  • Oct 20, 2016 4:48am Oct 20, 2016 4:48am
Quoting Trader MT4
{quote} AUDJPY long??? {image}
I don't get the question my friend. I was long after the bullish engulfing candle a few candles back. Please elaborate on your question, are you saying I shouldn't have been long from a few candles back.
  • #72,456
  • Oct 20, 2016 4:58am Oct 20, 2016 4:58am
Quoting Trader MT4
{quote} AUDJPY long??? {image}
I do not trade this one so look see.
trade only on the 1 / 2 bar after the cross - you are late walk away. There is also a small resistance at that level. I am sure that the higher time frame is green - do not trade against the trend. green is starting to bend upwards as well. why do you want to go long (buy)?
  • #72,457
  • Oct 20, 2016 5:17am Oct 20, 2016 5:17am
Quoting eelfranz
Oyapoke... (704) At one time I used the 5ema in a different way. Back then if a candle closed across the 5ema it was the set up candle. I would enter the trade at the beginning of the next candle if it was the same color.... and that still works... this is more conservative... I am more aggressive now and noticed I was giving up some pips doing it that way so I changed to using the TDI candle #1 or 2 for entries. I left it on my chart because I like to see how PA interacts with the 5ema line during the trade. Gives me a better feel for what's going...

Who is still confused with this post 704 /718? how we use the 5EMA Typical Price, Shift+3.

learn to differentiate the 5-Method' conservative entry and the aggressive entry of Big E.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,458
  • Edited 5:46am Oct 20, 2016 5:30am | Edited 5:46am
Quoting emmanuel7788
{quote}
I am Emm.
"I left it on my chart because I like to see how PA interacts with the 5ema line during the trade. Gives me a better feel for what's going" Reading bewteen the lines says that BigE is using it as sort of visual assurance that if the bars are above or below 5ema with space every is honky dory, the narrower the space / touching 5ema the warning signs flash and close trade if bar cross 5ema with TDI going flat / cross / hook. (am sure that he removed the 5ema completely from the charts post #4365)

Apology post #4365 is from Craig Harris Stochastics Method
  • #72,459
  • Oct 20, 2016 5:40am Oct 20, 2016 5:40am
Quoting Tekkies
{quote} I am Emm. "I left it on my chart because I like to see how PA interacts with the 5ema line during the trade. Gives me a better feel for what's going" Reading bewteen the lines says that BigE is using it as sort of visual assurance that if the bars are above or below 5ema with space every is honky dory, the narrower the space / touching 5ema the warning signs flash and close trade if bar cross 5ema with TDI going flat / cross / hook.

Hi,

Big E got more aggressive in his reversal entry and not waiting for the setup candle to close above/below the 5EMA.
You will notice that some of his aggressive entry is when the APB#1 has not close and he look at one time lower to see the PA.
Most of his trade entries is APB#2 which also before the APB#2 close above / below the 5EMA.

I find this aggressive entry style too risky for many newbies and when the newbies do not have the experience in reading Price Action and Support/Resistance for reversals.
Newbies should follow the conservative entry style, wait for the setup candle to close above /below the 5EMA. And do not chase after big candles.
Also do not take any setup when the market is in consolidation range. Look at those 2 charts I posted today - the NZDCAD and AUDCAD H4 charts. Those H4 sell setups with TDI cross down should have been avoided.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCAD Week 42 H4 swing.png Size: 58 KB
Click to Enlarge Name: NZDCAD Week 42 H4 Swing.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,460
  • Oct 20, 2016 5:57am Oct 20, 2016 5:57am
Quoting emmanuel7788
{quote} Hi, Big E got more aggressive in his reversal entry and not waiting for the setup candle to close above/below the 5EMA.
Thanks
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