Hey scoops, Yep I read it similar to that except what I understood was.....the 12-15 he is talking about...my understanding was if he was in profit and he noticed it pull back by that much he would exit and taek whatever profit he had. As in...he ...

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Yep...without harping on it....I guess for me the bottom line is...I know I am going to get stopped out....I know I am going to have a string of them....I would just prefer to be stopped out a level pretty much equal to my profit so it doesnt hurt. ...

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definitely good to wait

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I dont mean to offend you Plamen...I know its important to test and trial methods of trading, but you are much better off risking money even if it is small. You need to involve your emotions and greed and fear in your trades because real trading ...

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With all due respect to demo traders....its rubbish if you are really trying to get a feel for trading. Emotions are left out of your decisions demo trading. And getting a handle on your emotions is one of the highest priorities if you are to be a ...

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Have you not ever felt you could get one of those 3-8, 150 pip trades BigE says he gets?

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BigE said he expects and usually get 150 per trade, or 3-8 candles on the 4 hour chart. He said if he notices the tdi tweak or the candles pulling back more than 15 pips he will take the profit and move to the next trade.

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which chart do you trade?? the 1 or 4 hour??

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Yep thats what I planned on doing actually. Whilst I am still only using a mini account, maybe setting a hard SL of say 30 and see what happens. I trade the one hour chart so I am happy taking 10-20-30 pips. Just would like my SL to be close to even ...

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Totally agree. I am happy to take smaller profits if my SL is tighter. Basically I dont want to be taking 20 pips profit if I have a 100 SL thats all.

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Again...its not so much the RR I am concerned about. I was simply looking for a way to tighten the stop loss. BigE doesnt use them......the majority of us HAVE to so its common sense to try and tighten them if we can.. Hey it may not be possible, ...

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Not arguing, you obvioulsy have good discipline, plenty of experience and belief. It was never a discussion on HAVING to have a particular RR, it was more in regards to whether or not we could get our SL tighter so as to improve it. My ocncern with ...

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are you saying that this strike rate of yours is from this sytem alone?? is this the only system you trade?? and what MM system do you use to protect your capital and cut your losses??

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I am too and I hate myself for it....I want desparately to get away from watching the trade. I am struggling badly to wrap my head around it to be honest.

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yep thats correct. I have found an example for you. I know the tdi is at a bad angle but this is just to show you what I mean. See how the tdi has not crossed unti the 3rd blue candle...this means no trade. So I gues the first thing you look for is ...

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Ok...I think the ones here taking smaller profits are (like me) using the one hour charts. But BigE the thread starter and developer of this method uses the 4 hour charts....not becasue he prefers it but because his preferred session of London is ...

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Yep the candles are numbered after the colour change or reversal. See post 949 to confirm. I asked this earlier as there seemd to be confusion about what is candle 1. Candle 1 is the first candle that has change colour or reversed. CHeck for candle ...

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this is my 4 hour chart. 3 rd candle

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No....becasue the 4 hour chart shows its already into the third candle and the one hour is pointing to a short if anything

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I agree. I did the same and they have vastly different behaviour on the one minute chart, and I think that is what is causing some of this confusion about trade entries lately. I am back to using the TDI red green BigE first posted.

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