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  • #73,121
  • Nov 8, 2016 6:11am Nov 8, 2016 6:11am
CADCHF long 0.73008 here. Only one I find right now which looks pretty good H4.
D1 confirmes.
  • #73,122
  • Nov 8, 2016 6:19am Nov 8, 2016 6:19am
TMS Monitor..
the best looking pair is EURJPY .. all 5-Method conditions met.
but there are risks , one of the risk is seen on D1 chart.
what is that risk?



Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #73,123
  • Nov 8, 2016 6:24am Nov 8, 2016 6:24am
Quoting emmanuel7788
{quote} EURJPY would be a better looking pair to trade compared to the EURGBP. H4 , D1 and W1 TDI all aligned nicely... and H4 candles are much prettier looking. {image} {image}
Thank you.
  • #73,124
  • Nov 8, 2016 7:04am Nov 8, 2016 7:04am
Quoting emmanuel7788
TMS Monitor.. the best looking pair is EURJPY .. all 5-Method conditions met. but there are risks , one of the risk is seen on D1 chart. what is that risk? {image}
D1 trend reversal, and likely cause its still in that triangle pattern
  • #73,125
  • Nov 8, 2016 7:16am Nov 8, 2016 7:16am
Quoting emmanuel7788
TMS Monitor.. the best looking pair is EURJPY .. all 5-Method conditions met. but there are risks , one of the risk is seen on D1 chart. what is that risk? {image}
What settings are you using in your TMS monitor? I think mine is updating prior to candle close.

I am testing update mode 1 & 2. My TDI settings 10/5/34/3/1/7/0.

Thanks
Successful people do what unsuccessful people are not willing to do
  • #73,126
  • Nov 8, 2016 7:17am Nov 8, 2016 7:17am
Quoting emmanuel7788
TMS Monitor.. the best looking pair is EURJPY .. all 5-Method conditions met. but there are risks , one of the risk is seen on D1 chart. what is that risk? {image}
is it because it is the 3rd candle on the up side ?
  • #73,127
  • Nov 8, 2016 7:52am Nov 8, 2016 7:52am
Quoting emmanuel7788
TMS Monitor.. the best looking pair is EURJPY .. all 5-Method conditions met. but there are risks , one of the risk is seen on D1 chart. what is that risk? {image}
Hi Emm, my TMS monitor C-slope and recommendation is different from yours. For EURJPY, my C-slope is 2 whereas yours is a 5. USDCHF is also different.
Not sure how to customize EA settings.
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  • #73,128
  • Nov 8, 2016 7:57am Nov 8, 2016 7:57am
could you share the file for the EA? thanks
  • #73,129
  • Nov 8, 2016 8:22am Nov 8, 2016 8:22am
Hello all, will be divergence ?
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  • #73,130
  • Nov 8, 2016 8:44am Nov 8, 2016 8:44am
@Blueman, the TMS_Monitor EA can be found in the following thread http://www.forexfactory.com/showthread.php?t=303347. If you have any issues setting the EA correctly please ask questions there and someone will assist. Also, pay attention to the post in the link below.

@Fbps, is your TMS_monitor using the original TDI or the realtime TDI which is renamed? Do you perhaps have both files in your indicator folder? Have a look at the following post and see if this solves your issue: http://www.forexfactory.com/showthre...68#post8753868

All the best,
N
  • #73,131
  • Nov 8, 2016 9:23am Nov 8, 2016 9:23am
Quoting emmanuel7788
but there are risks , one of the risk is seen on D1 chart. what is that risk? {image}
Hi Emmanuel,

The main risk i see on D1 for EURJPY is the strong resistance zone that created both the September & October monthly highs (BPP). This creates a non ideal R:R, especially if using a two day look back for initial SL. Also, Monday's D1 candle closed with a long upper wick, another caution.

Personally, i will not be trading today as the US elections are an emotional roller-coaster, but if i had to trade this pair today i would choose to use a lower TF, M15 to H1 and try to enter on an intraday bounce with good PA & tdi cross, using reduced initial risk and an intraday swing point as initial SL.

Best,
N
  • #73,132
  • Nov 8, 2016 9:47am Nov 8, 2016 9:47am
Can someone please clarify which TDI is currently the best one to use for this method & why?

There seems to be several used now & I'm not sure which one I should be using?

Thanks
  • #73,133
  • Edited 10:37am Nov 8, 2016 10:01am | Edited 10:37am
Quoting noxskuses
Can someone please clarify which TDI is currently the best one to use for this method & why? There seems to be several used now & I'm not sure which one I should be using? Thanks
Hi,

There is probably a bit of research you will have to do to fully understand all the differences between the tdi's, the following link is a good start: http://www.forexfactory.com/showthre...64#post7864564

Emmanuel has done quite a few comparisons, i suggest you click on his avatar and within the "post" section of his profile there is a search box that searches only his posts. Lots more information is available.

Best,
N

PS I prefer the "realtime" tdi


Edit: This should also help: http://www.forexfactory.com/showthre...81#post9192681
  • #73,134
  • Nov 8, 2016 10:55am Nov 8, 2016 10:55am
Quoting Nik-Nyc
{quote} Hi, There is probably a bit of research you will have to do to fully understand all the differences between the tdi's, the following link is a good start: http://www.forexfactory.com/showthre...64#post7864564 Emmanuel has done quite a few comparisons, i suggest you click on his avatar and within the "post" section of his profile there is a search box that searches only his posts. Lots more information is available. Best, N PS I prefer the "realtime" tdi Edit: This should also help: http://www.forexfactory.com/showthre...81#post9192681...
Thanks for that Nik. I've read thousands of posts on this thread & sometimes looking for the right info can be like looking for a needle in a haystack

Can you please confirm the settings I have on my TDI RT version are correct?
Attached Image
  • #73,135
  • Nov 8, 2016 10:57am Nov 8, 2016 10:57am
Quote
Thanks for that Nik. I've read thousands of posts on this thread & sometimes looking for the right info can be like looking for a needle in a haystack

Can you please confirm the settings I have on my TDI RT version are correct?
it.s right
update gold
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  • #73,136
  • Nov 8, 2016 12:31pm Nov 8, 2016 12:31pm
Quoting noxskuses
{quote} Thanks for that Nik. I've read thousands of posts on this thread & sometimes looking for the right info can be like looking for a needle in a haystack Can you please confirm the settings I have on my TDI RT version are correct? {image}
Glad i could help, and yes, the settings you posted are what i use, aka, synergy_pro_tdi.

Best,
N
  • #73,137
  • Nov 8, 2016 5:12pm Nov 8, 2016 5:12pm
Quoting Nik-Nyc
{quote} Hi Emmanuel, The main risk i see on D1 for EURJPY is the strong resistance zone that created both the September & October monthly highs (BPP). This creates a non ideal R:R, especially if using a two day look back for initial SL. Also, Monday's D1 candle closed with a long upper wick, another caution. Personally, i will not be trading today as the US elections are an emotional roller-coaster, but if i had to trade this pair today i would choose to use a lower TF, M15 to H1 and try to enter on an intraday bounce with good PA & tdi cross, using...

EURJPY Week 45 D1 chart previous price action at BRN 116.00

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Week 45 D1 chart PPA 116.png Size: 44 KB


watch out! its freaky election market... only can happen this week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #73,138
  • Nov 8, 2016 5:37pm Nov 8, 2016 5:37pm
Quoting Trader MT4
hello, my H4 setups and entries, before 7 minutes please comment, regards, Dan {image}

when you see a trending pair like AUDUSD, you will not get an entry opportunity on H4, what you can do is get an entry on H1 and even M15 are both possible ways to trade with the Price Action at Support/Resistance with the 5-Method. Look for consolidation and trade the breakout. Look for price pull back, and trade the continuation.
Both the APB and the TDI will show and confirm such trades.
This means when you missed the H4 entries on APB#1 and APB#2 candles, you can trade the continuation candles APB#3, #4, etc. when in trending market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #73,139
  • Nov 8, 2016 5:43pm Nov 8, 2016 5:43pm
Quoting Fbps
{quote} Hi Emm, my TMS monitor C-slope and recommendation is different from yours. For EURJPY, my C-slope is 2 whereas yours is a 5. USDCHF is also different. Not sure how to customize EA settings. {image}

why don't you look at the P-TDI and P-Slope? what do these two data tell you .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #73,140
  • Nov 8, 2016 7:23pm Nov 8, 2016 7:23pm
Quoting emmanuel7788
TMS Monitor.. the best looking pair is EURJPY .. all 5-Method conditions met. but there are risks , one of the risk is seen on D1 chart. what is that risk? {image}
triple top, close to resistance?

Please ignore this, just saw your reply.

Thanks as always.
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