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- 298 Results (295 Replies, 3 Comments)
- Milton replied Aug 15, 2011
My answer was clear: You will have a winning trade or a losing trade BY THE RULES. Losing is ok. Profitable traders do lose. And all this "Eur and USA crap" didn't effect my trades.
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- Milton replied Aug 15, 2011
Sorry dean and 33drifter, I took the gbpusd 1h short, because price broke after the trading range with good momentum below the 5sma and this first red candle has again this high % winner shape. AND for sure it was a TDI setup. Entry at 1.6264.
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- Milton replied Aug 14, 2011
If you are new to this thread and this method (like me), don't worry and don't look for difficulties or problems. Try this method. The rules are simple and clear. Everyone has the possibility of demo trading. When you have losing trades, post them ...
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- Milton replied Aug 14, 2011
Hi antantnz. Thanks for sharing your insights. Could you please tell us, which pairs have been 100% winners for you and which aren't working for you?
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- Milton replied Aug 12, 2011
chfjpy 1h short at 100.03. TDI cross, Stoch in agreement, first candle closed below the 5sma AND! this first candle is exactly the shape, that someone here posted as a high % winner. Directly, price shot down, I closed first half with +34pips, S/L ...
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- Milton replied Aug 11, 2011
I have been looking at the 4h chart, why you have been long and effectively, there was no signal to go long, like dean said in his post to you. I also trade another method in addition to Trading Made Simple (where I entered short today on eurgbp, ...
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- Milton replied Aug 11, 2011
No. Big E's rule is, when green crosses red, wait until the candle closes and enter at the open of the next (if 1st or 2d candle).
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- Milton replied Aug 11, 2011
Yes, finnbjurvoll. Perhaps you are right. I didn't look at the bigger picture like you. I thought, that this last swing (red arrow) was a retrace from a previous resistance zone (white arrow to the left). And I thought, that there is enough room to ...
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- Milton replied Aug 11, 2011
Yes. The open of the entry candle is 1.4174, my entry was at 1.4169 (-3 pips spread = 1.4166). These 5 pips difference were due to the quick moving of the price at the moment of my entry. Until my broker had filled the order, 5 pips were away. Each ...
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- Milton replied Aug 11, 2011
eurusd 1h: short at 1.4166 (TDI good angle, Stoch agrees, signal bar closed below 5sma)
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- Milton replied Aug 10, 2011
Wonderful! I had to leave, when price was around +50 pips. I exited with +48 pips, as i couldn't track it.
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- Milton replied Aug 10, 2011
eurjpy short: I am out with +34 pips, because I entered with 0.1 lot and FXPro doesn't have 0.05 to scale out (0.1 is the smallest unit).
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- Milton replied Aug 10, 2011
eurjpy 1h short bounce trade at 109.79 (4h chart also a signal).
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- Milton replied Aug 9, 2011
Hi FX-Trader. Thank you for your help. Indeed, looking at the 5m/15m for an entry after 1h signal is an interesting possibility. I checked my GBPUSD trade, it was ideal to look at the 5m chart for entry.
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- Milton replied Aug 9, 2011
As I can see so far for this method: The TDI cross is a relatively reliable signal. But versus candlestick price action (pinbar, outsidebar at S/R lines), it puts you a bit later in a trade, so we have to handle bigger stoplosses. To be profitable, ...
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- Milton replied Aug 9, 2011
I suppose, you mean the high/low of the previous candle (not the swing high). So, when the next candle opens, do you move your S/L to the high of the last candle?
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