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dean replied May 2, 2011fxbr56, My chart for some reason is slightly different to yours. My tdi green has not crossed the red but yours has??? anyone know why??
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dean replied May 2, 2011Really really sorry but I have to ask this to confirm for good. I woke up this morning (I am in Aus) and jsut had a quick look through my charts to look for setups and pretty much train my brain to get familiar with what it is I am looking for. It ...
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dean replied May 2, 2011hey bom bom. It seems your understanding of it is the candles begin being numbered after the colour change. I am not sure if that is right as myself and others have interpreted it as the candles begin being numbered after the green line has crossed ...
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dean replied May 2, 2011thanks drifter. I initially thought that too...that the tdi cross signalled the first of the candles, but reading some of these posts, many are calling the first candle as the one that changes colour so I am confused. Would appreciate eelfranz' ...
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dean replied May 2, 2011can someone please clear this up for me....is candle 2 the 2nd candle after the tdi lines have crossed, or is it the 2nd candle after the colour change of the candles??
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dean replied May 2, 2011Anybody trading this method succesfully here in Australia?? Just curious as to your broker and which candle you use as the first for the day?
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dean replied May 2, 2011All of your posts are helpful to me thank you snarly...as I am sure they are to everyone. Are you trading right now?? if so do you have any examples of your trades??
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dean replied May 2, 2011My apologies I meant the New York opening in my opinion will be in favour of a stronger US dollar so I am thinking the EUR/USD will bounce off the resistance. Only guessing though and I would prefer to sit back and watch I think.
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dean replied May 2, 2011jrushing, I agree with you on the euro. My question is...will you wait for the new candle as per the rules?? The tdi green looks as if it will cross the red by then but it hasnt yet. Other things to consider is New York opens at the same time (which ...
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dean replied May 2, 2011Rather than me attempting to align myself with eelfranz's time zone (I am in SYdney, Australia) can anyone tell me what session he trades?? I THINK its the London session which starts at 5pm our time. We are GMT+10. I think it would be easier if ...
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dean replied May 2, 2011Nojobrob, I would not have taken that trade because the tdi and the stochs are quite high up towards the overbought levels particularly on the 4 hour chart so be careful. You also have the US market opening in 2 hours when everything could reverse ...
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dean replied May 2, 2011eelfranz, bom bom closes out his trades at the same GMT you do. Is this a hard and fast rule or is it just to fit in with your day?? I mean I think he is closing out regardless of his trades being wins or losses purely becasue you close all your ...
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dean replied May 2, 2011so new candle brings flattening of TDI. This is our signal to exit bom bom correct??
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dean replied May 2, 2011Colostarr, I entered at the opening of the new candle as per the rules. eelfranz explained that if a pullback happens it is usually in the 3rd and 4th huour of a candle so better to get in at the opening of a new candle. The tdi had crossed and at ...
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dean replied May 2, 2011I have complete faith in the seniors bom bom..its myself I dont have faith in at present. I know to accept losses and I am willing to do so. Same as you, I just want to know I have taken the trade correctly. If I have, I am willing to accpet the ...
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dean replied May 2, 2011I am still in the trade bom bom, I am just having trouble with the patience part. I have only ever used 5 minute charts so its a whole new ballgame for me to just sit back and let it ride. I long for the day I can put a trade on and relax and let ...
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dean replied May 2, 2011Actually come to thin of it I would like to ask eelfranz or snarly this: eelfranz mentions he looks for roughly 3 to 8 candles (ar about 150 pips) when he enters a trade. So does this mean he actually ONLY trades with the trend as pullbacks often ...
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dean replied May 2, 2011Colstarr...thanks for the support...the dissillusioned comment was not just due to this trade...lately I have been getting the vast majority of my trades wrong...in a rut I guess, but I am only using a micro account for this and I have my stops as ...
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dean replied May 2, 2011Hi Alan, I also agree and this is one issue I have trouble with. My understanding is that becasue it is such a lang time frame, even 2 candles could give a significant amount of pips on the correction and the tdi would alert us when to exit the ...
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