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Lower risk, stress free TDI system

  • #4,981
  • Nov 17, 2016 5:14am Nov 17, 2016 5:14am
I take this trade too early,but i hold it until it hit my tp 50pips
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i close NU and lost 15pips ,because it looks not good
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and i also long GU right now
  • #4,982
  • Nov 17, 2016 5:38am Nov 17, 2016 5:38am
Quoting Fbps
I put this indicator on every chart. Whenever the alert is triggered, it will open up a few charts for each pair of currency. e.g if EURUSD alert signal is triggered, it will open up 3 new blank charts instead of 1 as per the setting. So, when there are more than 1 signal, it will open up 3 or 4 new blank charts for each pair of currency. This freezes my system and yesterday it crashes my MT4. Is there another version of the Mehdi343Signal_v1.4 that is not corrupted? I downloaded this from Post 4202...
Fbps, have a look at my post 4806 then have one H1, one H4 and one D1 chart open on your pc and you will just get popup alerts. You will then have to open charts as they are alerted. Or, you can use the 'Buttons' indicator.

Moonie
  • #4,983
  • Nov 17, 2016 6:02am Nov 17, 2016 6:02am
Quoting Moonie
{quote} Fbps, have a look at my post 4806 then have one H1, one H4 and one D1 chart open on your pc and you will just get popup alerts. You will then have to open charts as they are alerted. Or, you can use the 'Buttons' indicator. Moonie
ok, got it Moonie, many thanks
  • #4,984
  • Nov 17, 2016 6:15am Nov 17, 2016 6:15am
Quoting marketir
{quote} Trading for the method 2 on the H4 strategy, tell me how and when to get out of the deal? SL 50? opposite the intersection of green red TDI? 200 EMA? End friday?
1) I trade only method 1 (daily charts), detailed in post 1. Stop Loss is about 5 pips under the minimum of the previous daily candle for buy order, and 5 pips over the high of the previous candle for short order.

2) I enter always when the new daily candle start, so at 23:00 london time (24:00 at italy time).

3) I view all the 28 cross more GOLD and SILVER

4) Generally I insert pending orders and rarely orders on market. This protect me from false movements. It will be clearer with the experience and practice.

5) I use 200 ema for filter order. So when the price is close the 200 EMA (about +/- 150 pips from EMA 200) I don't open the order.



6) If the role of method 1 is verify but the price is near a strong S/R level (montly level) I don't open trade. Sometimes I open a pending order with a order over the S/R level, but only when that S/R has been retested very times (at least 3 times), because probably the fourth time the price brokes the S/L level.

This is my strict rules that I follow religiously .

NB: I spend at most 15 minutes at daily for my trading.
  • #4,985
  • Nov 17, 2016 6:34am Nov 17, 2016 6:34am
Quoting angelus80
{quote} 1) I trade only method 1 (daily charts), detailed in post 1. Stop Loss is about 5 pips under the minimum of the previous daily candle for buy order, and 5 pips over the high of the previous candle for short order. 2) I enter always when the new daily candle start, so at 23:00 london time (24:00 at italy time). 3) I view all the 28 cross more GOLD and SILVER 4) Generally I insert pending orders and rarely orders on market. This protect me from false movements. It will be clearer with the experience and practice. 5) I use 200 ema for filter...
Wow, thanks! And what are the rules for TP?
  • #4,986
  • Nov 17, 2016 7:15am Nov 17, 2016 7:15am
Quoting mehdi343
{quote} Happy to see that.
Hi mehdi,

can you please tell me how you avoid a situation like this on Aud/Jpy D1?

There is a resistance at W1 but you said you don't look at support and resistance.
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  • #4,987
  • Nov 17, 2016 8:26am Nov 17, 2016 8:26am
hi, what are the pairs you trade?
and at london time what hours do you see the charts?

thanks
  • #4,988
  • Nov 17, 2016 1:41pm Nov 17, 2016 1:41pm
[Цитата = Romiros; 9261273] NZDUSD покупка {изображение} [/ цитата]
news !
сл -50 (
Forgive for my English!
  • #4,989
  • Nov 18, 2016 12:18am Nov 18, 2016 12:18am
Quoting Mbt
{quote} Hi mehdi, can you please tell me how you avoid a situation like this on Aud/Jpy D1? There is a resistance at W1 but you said you don't look at support and resistance. {image}
Hello,
If you cannot handle the size of your trade, avoid trading near 200 MA
  • #4,990
  • Nov 18, 2016 2:57am Nov 18, 2016 2:57am
Quoting Mbt
Long entry on Eur/Aud H1. Target is the 100 fibo line which is at the same high as the h4 ema 200 {image}
Entry too late. SL hit -50 pips
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  • #4,991
  • Nov 18, 2016 3:06am Nov 18, 2016 3:06am
Quoting Moonie
Long AJ, H1, H4, D1 {image} {image} {image} Moonie.
What are the rules for H1 TF? Same as H4 using the 50 zone area.
  • #4,992
  • Nov 18, 2016 3:27am Nov 18, 2016 3:27am
Quoting angelus80
{quote} 1) I trade only method 1 (daily charts), detailed in post 1. Stop Loss is about 5 pips under the minimum of the previous daily candle for buy order, and 5 pips over the high of the previous candle for short order. 2) I enter always when the new daily candle start, so at 23:00 london time (24:00 at italy time). 3) I view all the 28 cross more GOLD and SILVER 4) Generally I insert pending orders and rarely orders on market. This protect me from false movements. It will be clearer with the experience and practice. 5) I use 200 ema for filter...
How progress?
Forgive for my English!
  • #4,993
  • Nov 18, 2016 3:41am Nov 18, 2016 3:41am
Quoting Fbps
{quote} Entry too late. SL hit -50 pips {image}

Your loss 50pips has nothing to do with late entry.
you do not understand the ...
Basic TMS rules are -
1) there must be price action seen at support/resistance
2) do not trade when market is in consolidation
3) pick the setup candle and make sure the TDI confirms the setup with price momentum
4) Stochastics must show the same direction as the TDI and the price momentum

Study Medhi' Method 2 carefully, do your back testing , then do forward testing in live market. Print out all the trade examples using Method 2 and use the example and look for trade.

Also, forget about trading H1 because you will lose more than you will win when your trade H1. This will ruin your confidence in trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,994
  • Nov 18, 2016 3:51am Nov 18, 2016 3:51am
Quoting emmanuel7788
{quote} Your loss 50pips has nothing to do with late entry. you do not understand the ... Basic TMS rules are - 1) there must be price action seen at support/resistance 2) do not trade when market is in consolidation 3) pick the setup candle and make sure the TDI confirms the setup with price momentum 4) Stochastics must show the same direction as the TDI and the price momentum Study Medhi' Method 2 carefully, do your back testing , then do forward testing in live market. Print out all the trade examples using Method 2 and use the example and look...
Hi Emm, rules (3) & (4) that is, the Stochastics and the TDI were all good at the time of entry. Rule 2 not met. Not sure about (1). The chart is 4 hr TF.
  • #4,995
  • Nov 18, 2016 3:56am Nov 18, 2016 3:56am
Hello to all

For those who are new to this method and those who want to be winner with TMS ;

Try trading just H4 and D1.
H1 and lower time frames will give your money to brokers and you will be looser one.
Higher time frames are more stable and you can catch more pips.

Green pips to all of you.
  • #4,996
  • Nov 18, 2016 4:18am Nov 18, 2016 4:18am
Quoting Fbps
{quote} Hi Emm, rules (3) & (4) that is, the Stochastics and the TDI were all good at the time of entry. Rule 2 not met. Not sure about (1). The chart is 4 hr TF.

Hi,

I know that chart is H4.

rule 2, do not trade when market is in consolidation. Big E mentioned this at least 20 times in his posts.

rule 1, what do you see in the price action? big and small candles... where is support and resistance?

your chart clearly shows price was in consolidation and there is the big candle high low which is support and resistance.

also the H4 previous price action shows a resistance above not very far away.

moreover, both EURAUD and EURNZD have been struggling for days after the US-elections for whatever reason we don't know.

also when we see AUDUSD and EURUSD very bearish this week, this EURAUD will go sideways in narrow range.

I think newbie traders should avoid the EUR and GBP crosses. You cannot trade these pair with 50pips stop loss and trade with fix lot sizes.

Learn to trade the same 8 pairs which Big E traded back in 2010 - 2011.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,997
  • Nov 18, 2016 4:28am Nov 18, 2016 4:28am
AUSNZD Pending order sell stop 1.04760

on the 4 Hr chart back up on the D1 and H1
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lets wait and see
  • #4,998
  • Nov 18, 2016 4:34am Nov 18, 2016 4:34am
Quoting bob44
AUSNZD Pending order sell stop 1.04760 on the 4 Hr chart back up on the D1 and H1{image}{image}{image} lets wait and see

you could have sold when Sydney open this morning.

now you are catching the tail end of the move with NY open in 3 hours and then London close 4 hour after NY open.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,999
  • Nov 18, 2016 4:48am Nov 18, 2016 4:48am
Attached Image (click to enlarge)
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Quoting emmanuel7788
{quote} you could have sold when Sydney open this morning. now you are catching the tail end of the move with NY open in 3 hours and then London close 4 hour after NY open.
The 4hr cross down was not in place , plus the rules wait for the 4Hr candle to close then 10 pips below for entry.
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  • #5,000
  • Nov 18, 2016 6:07am Nov 18, 2016 6:07am
Quoting Romiros
{quote} How progress?
Starting from 22/08/2016 to now = 1627 pips of profit
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