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dean replied Aug 14, 2011TO be honest YES the news affects trading, but lately I have found it easier. This method tends to thrive in more volatile marrkets....which is why one of BigE's rules is to stay away form a flat tdi or ranging candles. Just make sure you are ...
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dean replied Aug 14, 2011Sensational to see you back and in what seemingly is good spirits. I hope you are well mate.
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dean replied Aug 14, 2011so bearing this in mind....and I think callisto touched on this....why is it not a better idea to use narmal candles for entry and switch to HA for the remainder of the trade?? what would be the negatives of this??
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dean replied Aug 14, 2011Actuallt that to me look like a good entry right at that very moment on that chart....becsause the candle looks strong and the tdi is at a fantastic angle, so I imagine this would be a great first candle entry.....My point is..this candle could be a ...
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dean replied Aug 14, 2011Maybe you have answered some of your own questions: "Are we caught up over-analyzing 10 different charts? It appears I could make a pretty good living just trading the EU 4H TMS method." If your backtesting shows you could make a good living trading ...
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dean replied Aug 12, 2011By the way antantnz that wasnt aimed at you, I just sometimes get into a rant and cant stop
All good mate you seem to have it under control.Trading Made Simple
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dean replied Aug 12, 2011I hope you didnt take offence to any of this. It looks like you have it worked out. I too prefer a set and forget type of trade so I am forever looking for a safe level to put stops where my RR is at least 1:1. It really concerns me that many here ...
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dean replied Aug 12, 2011So do you combine these with the tdi and this method?? or is this a different way of trading?? Is this how you trade??
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dean replied Aug 12, 2011I still dont quite grasp this....how do you know its a strong candle if you enter at the opening of the first??
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dean replied Aug 12, 2011Thoughtfully written and well done on your trading. One thing that caught my attention in your post though. The comment that you say turned the light on for you. The 10 pips at 5 lots comment. I have some issues with this because its not as cut and ...
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dean replied Aug 12, 2011Nope seems we agree....my misunderstanding. News is critical and we all should be wary of it. No offence intended, sorry. I read one guys post a few weeks ago stating he could outsmart the news...pretty dangerous thinking. Its crucial new people are ...
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dean replied Aug 12, 2011NO OFFENCE BUT BAD INFORMATION!!!....Never EVER try and use news to assist a trade you are in. I would always condsider shutting a trade down if there was important news coming out that directly affected the pair I was trading. News events can ruin ...
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dean replied Aug 12, 2011Well said. I hope people arent taking my rants as me trying to influence them. I am just trying to keep this forum on the straight and narrow and give my perspective....I'm no genius, dont follow me. One of the things I constantly try and reitterate ...
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dean replied Aug 12, 2011I only look at UCHF out of those pairs but I have to say.....on the 4 hour chart.....although it is flat PA wise at the moment, that massive hook with shitloads of airspace between the green and red on the tdi usually sets up for the best trades, ...
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dean replied Aug 12, 2011That very first candle is very strong...I would have entered that before the close.....this is at my or your discretion. If I see a very strong first candle I am in. Apart from that it all looks good....you are on the right track
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dean replied Aug 12, 2011Correct........look a few here will ignore really tiny candles and only count the first big one as their number 1 reversal, but lets face it....there are plenty of trades available and why risk it...really.....wait for s great setup not an average, ...
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dean replied Aug 11, 2011Ok firstly I wouldnt take that rade either. It is as you say a shallow cross on the tdi. Dont just take trades for the sake of it. Onto your candles....when the number 1 or 2 is spoken of, it means the reversal candle number. So if it has been ...
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dean replied Aug 11, 2011yep...your decision....just as long as you know it is against one of the fundamental rules of this method.....first or second candle.
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