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Drewas replied Jul 30, 2013Hi hoprich, The indicator I use is :- file
RSS (Ridiculously Simple System)
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Drewas replied Jul 30, 2013Hi Liewyk, Sorry for the slow response don't have a lot of time to trade this week. Looking at your chart I probably would have entered a buy after the sun formation if it weren't for the time of day and/or the small candle sizes. image If I had ...
RSS (Ridiculously Simple System)
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Drewas replied Jul 29, 2013Wow called it right. Now around 80 pips in the direction I called it. image Wish id traded it now

RSS (Ridiculously Simple System)
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Drewas replied Jul 29, 2013Zooming out I've seen these patterns before somewhere. image Maybe it will give us a clue as to where price MIGHT go? image Lets see tomorrow.
RSS (Ridiculously Simple System)
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Drewas replied Jul 29, 2013Hi lets look at the chart you posted. I didn't trade this (in fact I didn't trade at all today) but based on the charts yours and mine:- image I would have entered as soon after the sun stalls, there's a slight change in the MACD slope and TDI ...
RSS (Ridiculously Simple System)
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Drewas replied Jul 29, 2013Good start to the week. Broke a lot of my rules to take this one but worked out ok. I took it at that time purely because EURJPY moves so much at this time of day. I also didn't see a clear cross of TDI. Almost exited there and also two candles ...
RSS (Ridiculously Simple System)
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Drewas replied Jul 28, 2013Nice work and thanks for posting that. Will have a look at it and do some testing.
RSS (Ridiculously Simple System)
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Drewas replied Jul 28, 2013Liewyk. Based on the chart posted (and there appears not to be a lot of it), I would be looking for an initial TP (Take Profit) target of around half the ADR value according to above about 50 pips (half the first ADR=106 number). My personal SL ...
RSS (Ridiculously Simple System)
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Drewas replied Jul 28, 2013Remember I don't base my entry solely on the dot but in essence yes you are right. I have entered a trade based on a dot formation or a continuation trade where a dot has formed several bars back and a TDI cross has occurred but a new dot has not ...
RSS (Ridiculously Simple System)
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Drewas replied Jul 28, 2013BTW can anyone recommend a good tool for editing these charts? Using paint takes so long.
RSS (Ridiculously Simple System)
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Drewas replied Jul 28, 2013I use the moving averages and the yellow TDI (32 and 68 levels just as another tool to help put the odds of success in my favour (if it helps you use it, if it doesn't don't, simple as
). image You can do this on practically any chart and see ...RSS (Ridiculously Simple System)
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Drewas replied Jul 28, 2013Hi Dewey,Soccerfan. Thanks for your post. Using your chart above as an example :- image I use the dots as part of my entry only. We can only trade what we see and I use the dot like an early warning that there may be an entry opportunity. If I see ...
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Drewas replied Jul 26, 2013Ok end of week and I wont have so much time to post next week. There appears to be lots of people reading my posts and this thread, so would be interested in knowing whether people are finding it of value or not? It takes a surprising amount of time ...
RSS (Ridiculously Simple System)
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Drewas replied Jul 26, 2013Just one 30 pip trade today based on previous post. image Oh and look where price went today (albeit slowly). Will it continue down after latest red dot?
RSS (Ridiculously Simple System)
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Drewas replied Jul 26, 2013So why do the dots work so well when trading? This system uses the Semaphore indicator to more easily recognise Elliott Wave patterns. There are great resources here and elsewhere on Elliott Wave theory and fractals and if your serious about trading ...
RSS (Ridiculously Simple System)
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Drewas replied Jul 25, 2013Hi Liewyk, Interesting that you posted a zoomed out pic. I was about to do that to show the way the market moves between the dots. image I do sometimes trade outside of said hours but only if I see a sun like the one above. You could enter and ...
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Drewas replied Jul 25, 2013Just closed second trade of the day. image Entered after green dot and bounce of TDI (sometimes as powerful as a cross), I was confident that price would continue through 0 on MACD and create new peak after White sun yesterday. The TDI repainted ...
RSS (Ridiculously Simple System)
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Drewas replied Jul 25, 2013Hi liewyk, I use an emergency only 50pip stop loss. That's there to protect against a loss of power/internet or large unexpected movement of price. I never let this stop loss get hit and normally will exit a couple of pips in profit or no more than ...
RSS (Ridiculously Simple System)
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Drewas replied Jul 25, 2013Cool don't forget to share because if your not sharing your not caring
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