Charger! Good to hear from you! A voice of truth and gravity in a environment of high hopes and lofty expectations. lol Thanks and I do remember! I remember that even the TDI setups are lagging indications and prone to failure at times and I also remember that I hadn't quite figured out the fine details of how to trade the TDI setups even when I gave it up a couple months back. Since then and even now I'm still just adding or doubling down every 100 to 300 pips until my original position gets back to profit and I'm doing so with extremely conservative risk which prevents me from blowing my account via margin call for up to a couple thousand pips. I don't like the small gains but I like the consistent and safe gains. I've managed 25% in a month so I'm not complaining too loudly.
If I had a few thousand to throw at trading, I'd be looking for the needle in the haystack of stinky pinkies and sub pennies but I had to spend it on my daughters truck so I'm back to dabbling in the forex only until I get some credit cards payed off in order that I might borrow against them again to pay for my "investment" hobby. I came across a board on ihub called "Triple zero stocks" and those guys seem to be good at finding the stocks with a share structure and other fundamentals that allow for a potential rally at some point on the masses of riskier triple zero and double zero stocks. I'll be following that board closely as soon as I have the cash to fund my stock trading account again.
My intentions for the future however are to increase my risk once I finally get a handle on how to trade the TDI setups using demo though I think I'll add a sub account to my main account and fund it with a couple hundred to risk on the riskier TDI setup trades. If 8 out of 10 TDI setups are profitable and I keep my losses low enough on the 20% of setups that are failed, then I should see bigger gains percentage wise in my sub account than my primary account. The problem with the losers of course is that if I lose 50% of my current $400 account balance then I will have to make 100% on my remaining $200 just to get back to my original $400 balance. So, I know what I'm up against. Still though it's a matter of keeping the losses low and the winners outnumbering the losers by at least 70% I feel.
You mentioned the TRIX (4,3) crossing above or below the upper bollie lines as being consistently accurate indications of reversals, if I understood you right. I've got your TRIX/BB overlay on my chart with the TDI and I'm going to leave it there and see how it wants to play out for confirming reversal points on SGs "super tunnel". I can't apply the TDI for reversals until and unless I can get my fast lines to match up with pennies and since the TDI appears to disallow settings changes I may be stuck and unable to trade off the TDI. If I can trade effectively with high gains in demo using your TRIX/BB method then I'll maybe use it with higher risk and higher gains positions in a sub account instead of the TDI, especially if I'm unable to figure out why my TDI prints a differently pic from pennies.
Well don't be a stranger. Whether you trade 4x with real money or only in demo you ought to keep a positive mindset to trading forex. Reality based but positive. You've had a lot to offer in creative charting in the past and should as well in the future and I value your input as much as anyones on this board.
