DislikedStill dont know when to enter a trade can anyone help me? {image}Ignored
1. Your safest trades will always be when green crosses red and you enter on candle 1 or 2
You have enterd on candle 3
2. With bounce trades the odds are lower for your success... but it still works.
no bounce
3. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:
a. How close am I to the previous high or lo
You are close to a small support can you spot the the four red bars (one big, 3 small on the green dot line)
b. Am I in an uptrend or downtrend.. short & long term
down trend
c. Am I in or close to a consolidation area
You placed a trade in a middle of a consolidation look at what R1 and SI is showing you
d. Are the previous candles small...
NO
e. Look at the candles on the last reversal... big, little, what
wick is small on red candle
f. How does the momentum look right now (12-2, 4-6)
below 4 good
g. Does Stoch's confirm the TDI signal
yes
Sounds like a lot of stuff but it's basic stuff and only takes a moment to observe it
One point not right then do not enter. Find reasons not to place an order or the market will have reasons to take your money.
If you do not understand any of those basic points BigE advice members to go to babypips.com
Download the TDI Cross.pdf (paper clip top right)
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