Eelfranz and the senior guys here. A question for you: When you are looking at your chart and assessing a trade entry. In regards to looking at support and resistance levels prior....how far to the left do you guys take notice of?? as in how far ...

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Yep also long but will monitor this one closely as the candles are small.

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2scoops and chilli, Interesting to know how you guys view a chart and determine the trend. Please dont take this as criticism guys, I am just curious as to how different people perceive it. Why do you think the daily is in an uptrend?? and not just ...

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Hi 2scoops.....do you consider this to be against the daily trend??

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Small first candle, green tdi line not a right angle.....needs to be steeper. I wouldnt take this trade

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My point is that Eeelfranz' candle openings seem to be the same as mine....obvioulsy massive time difference but when I asked him, our actual candle opening seemed to match. So his 10pm candle (or the first one he assesses for his 4 hour charts ...

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2 scoops, Just testing something. I am in Australia and my next 4 hour candle opens in about 50 minutes...is yours the same??

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Yes 3 rd in a row after candle colour change. If it was a different colour you would be exiting the trade if you were in one and the tdi would have flattened.

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Alienf Points: No point waiting for this candle to close or it will be the 3rd....NO TRADE on the 3rd candle. Yes good candle shape and yes green has visibly crossed and angle is good. Yes stoch confirms direction (on mychart anyway), but this is ...

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Rascal.

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You're welcome Davlo, and I wont say any more on this. I dont want to detract from the thread.

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Rascal, My checklist was not posted to altar anything. It is...as I said....MY interpretation. To me...I am finding my highest priority is not getting into good trades...its staying out of bad ones and for ME this checklist helps. It is the forex ...

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Hi all, THis method is new to me, so this week I cut my trade size down to mini lots and decided to massively overtrade to get my eye and brain accustomed to the correct signals and its working. Even if a lost all 20 trades I would have only been ...

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Yep 2scoops....its funny though...coming from smaller time frames...which is all I have been used to, counter trend is pretty much a no no...here it seems ok provided the signals are good. I guess due to the candle length....obviously s lot more ...

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I have learnt on this forum that it is a good idea to check the overall trend by switching up to the daily chart and checking.

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You're very welcome but this is just how I see it, dont take my word for it, we all see it and trade it differently and thats just how I see it. I wish you luck whatever you do.

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us/cad against the daily trend, flat tdi angle and heaps of news coming out tonight, au/us again watch the news and there is a heap of resistance to the left on your PA...its stalled at this price. I dont look at the other one

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Its not critical for the ema to be trending upwards with the TDI, it just gives a higher probability if it is. So if you have the TDI, the stoch and the ema all pointing the same direction its a higher probability trade. Its the tdi you take your ...

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davlo it might be worth having another read from the start. 3rd candle is a no trade and you exit when the TDI is levelling not the stoch

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stochs on the eur/jp, au/jp and gbp/jp all conflict with tdi....no trade

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