GBPJPY 4H — This is an interesting chart - 2 clearly defined channels. No set up yet, but it will probably run once it breaks out.

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Thanks! I am not really a fan of trading on Monday morning, but there seems to be a bit of action. I have trailed this one, in case the market goes back into consolidation mode. I like the USD/JPY also (1H and 4H), but did not post that one - I only ...

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Hi Bogus - for me, the latest 4 hour candle started at 11am Sydney time (about 30 mins ago).

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Possible short on NZD/USD 4H — Dont mind the PinBar off my marked resistance. See how it goes.

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Risk:Reward Projection — It's the weekend and I am bored. A lot of good talk amongst the 5E crew re entries and SL, but it is worth looking a bit more closely at "reward" in your trade selections. We all know when we should be technically ...

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And this is why there is always a market I find that price has a habit of making it's way to major areas of S and R. At the moment, to me, 137.75 is a significant area based on how price has reacted to it over the last 2 weeks. Next major area of ...

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Dean - Once I have determined my trading timeframe, I look for "space". Here is an example with 150 pips to a major area of support. On a 4 HR chart you dont have to microanalyse every twist and turn, hence the opportunity for those types of moves. ...

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Technically correct — Can't argue with the set-ups, but I am not pulling the trigger. I am only looking at AU right now (actually long on 4H and D), and I think you would be selling into value. I hate this time of the day to trade also - ...

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USD-JPY — Just closed this one - entered last night on 30M chart (Sydney time) with the other guys - closed it when I woke up as TDI looks like it might be going to sleep. Looks OK still on 4H but I am out now.

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I can't really see a set up pursuant to this thread's entry requirements. My charts operate on the NY close (GM+3), so no cross on the daily yet. I hope it works out anyway. It is a value area based on your analysis and I can see your logic.

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Stop confusing yourselves — Guys - pick a timeframe and trade that timeframe. For confirmation, shop around the other timeframes until you find one that accords with the position you have taken - this is the trend.

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GBP News in 19 minutes and 30 seconds — Got your back dude.

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[quote=AlienFrog;4622311]Ok, I've tested that new version of the TDI that Xaphod provided. If you run it in the sim you get the same exact chart as scrolling back through your live chart. That's one problem solved! Thank you Xaphod! But as I tested ...

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Congratulations Gerald - great trading. I dont see many people on other threads posting results like this - or even posting results at all. Some big wins on the H1 and your stops (and risk therefore) were presumably smaller than you would use on the ...

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Hoody - see Page 1 of the thread - post 14. You better start reading it soon as it is turning into War and Peace. Give yourself a chance and read it all before putting on a trade.

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Compounding - Risk Management — Start with $20K. Risk only 1.25% per trade. Target 30 pips per day with an average stop loss of 30 pips. Each day re-calculate your position size and stop by reference to new equity position. After each 60 ...

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You obviously missed the bounce trade. Better luck next time.

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You should of gone short Dean! This system should have picked that move. Actually - same thing happened to me - must be the Broker.

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Hey Davlo The trigger to enter is the TDI cross-over (having appropriate regard to all the other set up factors mentioned previously). Unless you are flicking between timeframes, you would be hard pressed to find a series of red candles preceding a ...

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