Hi, I'm assuming your looking to buy, if not you've got it completely wrong The set-up candle you marked was a pin bar. Buyers had tried to push price up but sellers had stopped it and forced it back down. This shows indecision from ...

Lower risk, stress free TDI system

Look at the chart in the link and look how price had stalled and the bounce was the continuation confirmation.

Lower risk, stress free TDI system

Hi Mbt, Hope that's not a self portrait As GS already mentioned sticking to the basics is best. Don't confuse money management with trade management. The EA you mentioned and CaveManager which I've been using for years are for managing trades, ...

Lower risk, stress free TDI system

If you are looking for a trade management EA that allows for multiple entries, you got your answer on the other thread were you posted the exact same question. CaveManager allows for a single entry with up to 4 TP and automatic setting of BE and a ...

Lower risk, stress free TDI system

If you go into the synergy_pro_apb properties you can change the PAC color to none. Et voila

TMS for M30 charts

Sell trade was not within the entry rules. The MBL heading up should have been a clue. If you had waited for the setup candle to close before entering you would have seen they were both bad trades. Both trades were into previous support areas (look ...

Lower risk, stress free TDI system

Hi San, Thanks for your comments. Yep it's always nice when a pair trend for a week and repeat almost the same move every day I tend to look long term for profitability as I treat trading as a business and a business needs to show a profit at the ...

TMS for Newbies Part 2

There is nothing wrong with asking for help that's what these threads are for. I don't trade gold but if you look at the chart you should be able to answer the secret of what was price doing. For the last 18 hours or so it had been going sideways. ...

Lower risk, stress free TDI system

If you are using a TDI that repaints, it only freezes when the candle has closed. This has been posted about in the last couple of days. As for indicators, you have a PAC on your chart so did the candle close outside the PAC with momentum. There is ...

Lower risk, stress free TDI system

Glad it helped. Whatever TDI you are using always wait for the candle to close before you make your decision.

Lower risk, stress free TDI system

You should always follow the higher TF. Trading H1 follow H4, trading H4 follow D1. As always check what PA is doing.

Lower risk, stress free TDI system

If you check out the post #1 below Lastingwell gave a basic description of the TDI differences and some other useful information. url

Lower risk, stress free TDI system

Looks like AUD data and BOJ spoiled the party so far, going to have to watch and wait a bit longer In the meantime a quick scalp according to synergy rules of using the TDI (which went a lot further than expected giving an R:R of 1:2.5). Price ...

TMS for Newbies Part 2

How can you work out risk and reward without a SL. One of the most important parts of profitable trading.

Lower risk, stress free TDI system

Hi, As FG said both APB and Japanese candlesticks have their pros and cons. The APB as shown by it's name (Average Price Bar) removes the choppiness that is seen with Japanese candlesticks. They also show the current overall price better by removing ...

TMS for Newbies Part 2

Well said, couldn't agree more.

TMS for Newbies Part 2

Ain't that the truth. A 5 minute search about % trade risk and risk and reward is all it takes unless you are play/demo trading (which I have nothing against providing you admit it). If you want to trade seriously, trade a demo account ...

Lower risk, stress free TDI system

Oil is one of the drivers of CAD. Oil up = CAD down. Useful to keep in mind.

Lower risk, stress free TDI system

Nice trade. Keep an eye on the price of oil for a possible continuation

Lower risk, stress free TDI system