Victory Is the Only Thing That Can Keep You Alive...
Lower risk, stress free TDI system
{quote} Hi dear Puntbee. Yes, just Daily chart. Daily chart can speak with you... so you can read Candles & SR zones easily... Also, you can ignore many false signals (like this post #5443 )
- #5,450
- Dec 14, 2016 3:42am Dec 14, 2016 3:42am
- Joined Jan 2014 | Status: Trader | 1,783 Posts
Another example of simplicity attached applying price and mas and in this case a t/l to give me a trigger. These are all basic tools, nothing fancy, and most importantly, nothing ambiguous, which oscillators have a tendency to be!
We can see that price is in a range at present, but I have the main ingredients already in place now with my intended short, and as soon as the t/l and the dotted ma cross, then I will pull the trigger, which looks like a few hours away yet, maybe tomorrow.
I'm not interested at all how a tdi looks on a sub window, I'm only interested in the main chart information.
As I've said, my guess is many are disillusioned with the debacle that's occurred, and maybe as a result probably lost faith in using tdi and such like.
Your opportunity now exists to develop your own simple method without relying on too many indicators that may or may not help you. Common sense is by far the best tools to use and my examples are purely to show that a very easy method can be created as I have illustrated using core principles, which anybody can produce, it just needs a bit of thinking about what is considered important to you to enable you to see on the chart the key information to make a solid trading decision, without going ott and without confusion, because that will defeat the object of simplicity otherwise!
I won't supply templates btw, because my mind is my mind, and yours is yours, thus interpretation is an individual thing and what you see is unlikely to be seen by others exactly the same way.
Here' AU on h4 showing relevant information as I described...
We can see that price is in a range at present, but I have the main ingredients already in place now with my intended short, and as soon as the t/l and the dotted ma cross, then I will pull the trigger, which looks like a few hours away yet, maybe tomorrow.
I'm not interested at all how a tdi looks on a sub window, I'm only interested in the main chart information.
As I've said, my guess is many are disillusioned with the debacle that's occurred, and maybe as a result probably lost faith in using tdi and such like.
Your opportunity now exists to develop your own simple method without relying on too many indicators that may or may not help you. Common sense is by far the best tools to use and my examples are purely to show that a very easy method can be created as I have illustrated using core principles, which anybody can produce, it just needs a bit of thinking about what is considered important to you to enable you to see on the chart the key information to make a solid trading decision, without going ott and without confusion, because that will defeat the object of simplicity otherwise!
I won't supply templates btw, because my mind is my mind, and yours is yours, thus interpretation is an individual thing and what you see is unlikely to be seen by others exactly the same way.
Here' AU on h4 showing relevant information as I described...
