I agree with the both of you, I simply didn't have the benefit of watching the pair before the candle formed (up slightly late). So your both right. I'm still a learner too, although I try to help here and there where I feel I can.

Trading Made Simple

thanks! did you take the trade?

Trading Made Simple

Ok thanks, I wasn't watching it before 6am so thanks for pointing that out.

Trading Made Simple

with all three of those trades if you zoom right in they just about crossed the candle earlier, would be getting in late, thats not to say they wouldn't be profitable - everything else looks good.

Trading Made Simple

the GBP/USD and USD/JPY crossed the candle earlier, both would be getting in late, thats not to say they wouldn't be profitable - everything else looks good.

Trading Made Simple

Yes but a new candle just formed on the 4hr - it crossed on the first candle, so you'd be getting in late = less probability of success.

Trading Made Simple

Oyapoke: I think BigE has shared his thoughts on EA's and I agree with him they don't work in the long run. I think we should avoid talk of EA's on this thread please.

Trading Made Simple

If you click on the paper clip icon and scroll own the list of attachments on this thread it's called stochastic slope

Trading Made Simple

At least you only have one president we're paying for two!

Trading Made Simple

This is a good question, its easy to look back at the charts and say what trades you would have made, trading live though monitoring the trade you might see something like a brief tdi tweak or candle colour change that spooks you into exiting your ...

Trading Made Simple

I'd say weak candles, tdi/stock angle doesn't look right, everything looks a little flat. Flashing warning yellow lights.

Trading Made Simple

Chilly, I would personally not take this trade. Yes we do have a valid tdi cross and stochastic agreement, but the red trend tdi line is flat the 5 ema is flat, the candles are small (weak). Look at the last reversal (the red candles a few candles ...

Trading Made Simple

This is going on the wall.........excellent post!

Trading Made Simple

would agree with this most winning trades i've had come back on me 20-25 pips at some point, give the trade enough room to breathe. If you see a tweak in the TDI though strongly consider exiting.

Trading Made Simple

Not valid, too late an entry.

Trading Made Simple

i think you should be ok as long as you avoid trades just before news, as he's said before you get more head fakes and are effected more by news on the lower timeframes.

Trading Made Simple

Glad to hear you've been successful, i think I might do the same next week (just check the higher timeframe)

Trading Made Simple

Well yeah upper, and lower timeframes, I know it's not part of the official 5 method rules, but just thought I'd ask if people had found this to be helpful.

Trading Made Simple

Have people found that When trading the 4hr that checking the 1hr chart for agreement before pulling the trigger has been helpful.

Trading Made Simple

Yep I'm out now until tuesday, bank holiday today in japan also.

Trading Made Simple