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dean replied May 15, 2011Hi xaphod, I was wondering if you would happen to know a way of replicating the TDI by using an rsi and something else?? I have different charting software that will not allow me to add indicators but it has the standard RSI's and MA's etc etc and I ...
Indicators for the 'Trading Made Simple' system
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dean replied May 15, 2011I have exactly the same problem as you alien (and its a big one)......that bloody shoehorn
I am now working on my patience too.Trading Made Simple
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dean replied May 14, 2011Thank you very much, I will give it a try, I really appreciate it
Trading Made Simple
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dean replied May 14, 2011The stop loss conversation was aimed at the one hour chart trades. It is obviously a different trading style needed than the four hour as you are aiming for less pips, so I was wondering how everybody dealt with the hourly trades. My opinion is a ...
Trading Made Simple
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dean replied May 12, 2011Yep nice idea. I am only talking about the one hour chart here. ANd I notice that if you get the entry right you can be up 10-20 pips pretty quickly, particularly during the London session. ANd that 10-20 can be with a drawdown of about 5-10 ...
Trading Made Simple
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dean replied May 12, 2011Thank you for your help. I understand how and why you use fibs to set your TP. What I am trying to do is work out say the average TP and the max drawdown so I can just look for the ideal setups, put the trade on with set SL and TP and walk ...
Trading Made Simple
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dean replied May 12, 2011Thank you but that looks different to me. BigE.....do you know what settings I can use to simulate the red and green lines on my other chart??? I am unable to add indicators but might be able to simulate it with something else if you know what the ...
Trading Made Simple
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dean replied May 12, 2011Thank you mate I appreciate it. But ther must be a similar way for the one hour too. Big E reckons if he were living in the UK and could day trade the UK session he would do it on the hourly chart. I am in Aus so the London session is nice for us ...
Trading Made Simple
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dean replied May 12, 2011no...Big E does it that way as it suits his lifestyle....if you are comfortable staying in the trade...stay in it. The 6 oclock exit is not a rule
Trading Made Simple
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dean replied May 12, 2011Yep I get that...my point is....if you have a look below...the first is zoomed out twice and the second is only zoomed out once....one looks closer to 1 oclock and the other closer to two oclock....the angle changes.
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dean replied May 12, 2011Yep....bit of a mess at the moment but I have had heaps of winners so I know if we could come up with a fixed entry exit the trades are there. Would be great to have a set and forget method going....even if it waa 1:1...SL 20 TP 20....maybe I might ...
Trading Made Simple
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dean replied May 12, 2011Justt to confirm an earlier post BigE: It was a question on exactly when you assess your TDI angle. You say you zoom in (+) as far as you can, then you zoom out (-)twice. Once you have zoomed out twice...is THAT where you get your angle, or is it ...
Trading Made Simple
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dean replied May 12, 2011Is anyone having consistency using this on the one hour charts?? I am a bit up and down and its not becasue of the trades, its because of the exit timing. Anybody got SL levels and TP's worked out?? or even to the point of how many candles before ...
Trading Made Simple
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dean replied May 12, 2011On behalf of myself and everyone here Big E....best wishes to you and hope you return well. Few and far between are the people that give out free advice and a genuine want to see others succeed and you have gone way beyond your calling. We all ...
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dean replied May 12, 2011Yeah it depends on which session you are in too....UK and US need a bit more room to move or you get stopped out easily, the asian session is much more timid and 15 would be fine, but the UK session can swing much more than that....tough one the old ...
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dean replied May 12, 2011Another thing I tend to find swings things a lot is the session open, so thinking that since it can only go two ways.....I taking a guess it is more likely to go south when the US opens......hopefully. So might just monitor it closely till then and ...
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dean replied May 12, 2011Speak english will ya
I see the resistance you are talking about....I am tossing up whether or not to take tha cash actually.....not a fan of staying in when it seems to stall a bitTrading Made Simple
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dean replied May 12, 2011I only trail if I am not going to be here other than that I prefer to exit myself and it is usually determined by the SL I have. Ideally a 3:1 RR works for me but every trade is different and somethimes when the pips come easily I just take them ...
Trading Made Simple