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Phx62 replied Aug 15, 2013Look carefully at the two candles previous to your entry candle.....they both have very long wicks at both ends......that indicates indecision in the market. If you count the candles with long wicks at both ends from your arrow to the left edge of ...
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Phx62 replied Aug 14, 2013That is great.....keep up the good work. The system works if you apply it properly and it appears you are doing that.......nice work.....have a great holiday....
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Phx62 replied Aug 14, 2013Sure.....on the H1 time frame there was a change in candle color and the TDI had bounced off the 50 line and was crossing the red. I also keep a M15 chart open next to the H1 when I am trading (see the attached M15 chart to see what I saw at the ...
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Phx62 replied Aug 14, 2013Sorry to disappoint but no GBP trades for me today.....picked up a couple of pips before LO on EJ......no really good setups since price is again consolidating and ranging.....caught one good move up.....barely hit my TP. image
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Phx62 replied Aug 13, 2013Your entry was a little aggressive.....the actual TDI entry should have been at the open of the NY session....the candle just prior to the NYO was a good setup candle and the open of the NY candle would have been the classic TDI entry since the ...
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Phx62 replied Aug 13, 2013The Market Base Line is already a part of your TDI......you just need to open the indicator and change the color of the MBL.
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Phx62 replied Aug 13, 2013It is called the Market Base Line and is a slower MA which indicated trend direction.....a cross of green and red over the MBL usually indicates a strong price movement is coming......the creator, Dean Malone at Compass FX also used the MBL as a ...
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Phx62 replied Aug 13, 2013FYI.....as a general rule, once price moves in one direction for 70 or more pips on the EU or EJ, it will seldom reverse and move the opposite direction without a period of consolidation (a big news release can move it).....I would not expect price ...
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Phx62 replied Aug 13, 2013EJ H1......Re-entered the trend at LO......exited on a hook over of the TDI green and the M15 showed a couple of red candles...... image
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Phx62 replied Aug 12, 2013Excellent.....keep up the good.....keep it simple and you will succeed.......
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Phx62 replied Aug 12, 2013I was asleep and forgot to set my alarm for London today.......some days I just need my "beauty rest", I guess. I did not wake up until about an hour before NY.
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Phx62 replied Aug 12, 2013Just completed another EJ H1 trade.....I made some notes on the chart.....entry was taken on the third blue candle since the first two were small doji candles.....entered on a break above the two dojis and a cross of the green over red and both ...
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Phx62 replied Aug 12, 2013You will find them on pages 2 & 3 of the file attachments list under the paperclip.......
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Phx62 replied Aug 12, 2013I try to explain entry and exit strategy in my posts. Rather than trying to repeat information that I have already posted many times, there are a couple of options.....for my most recent posts just click on my avatar/name above and open the thread ...
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Phx62 replied Aug 12, 2013Finally....someone that understands an EMERGENCY SL.....
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Phx62 replied Aug 12, 2013You are correct about the bounce at the Round number but you are incorrect about the TDI cross......the TDI crossed at the OPEN of the candle where I entered.....not the close. If you follow the vertical line down to the TDI, the point where it ...
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Phx62 replied Aug 11, 2013A nice start the week.....a little EJ H1 trade.....from the open of the day, price moved down through last weeks low (purple line), then tested last months low (yellow line) twice before moving long.....entered on the third bounce with the TDI green ...
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Phx62 replied Aug 11, 2013nice trading britpip7.......keep up the good work......
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Phx62 replied Aug 10, 2013Thank you for your kind words......success to you on your thread and in your pip hunting.......
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Phx62 replied Aug 9, 2013No....there was no resistance that I saw....it was an Asian session trade and after 30 to 35 pips, unless there is some news coming, I don't expect price to move much more than that without a retracement....so in this case, when it pulled back 5 or ...
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