TA Forex Trading

Heavy......you should take a few minutes to draw lines across the TDI waves on any given time frame, then observe how by doing so you can find divergence between price tops or bottom trend lines and the TDI wave tops or bottom trend lines, which the indicator itself doesn't give alert to.     Also you'll notice that price will sometimes be turned sharply as a TDI wave hits a trend line drawn from a couple waves days or weeks earlier.    Any where that you can draw a line across two wave tops or bottoms, do so and extend the line out till it goes to the edge of the indicator window and then see how often after many waves finally a wave will meet that trend line and price will reverse there.      It's something that I discovered fairly recently after wondering if there was even more to drawing lines across TDI waves than pennies had posted in his charts.     It really is the only indicator worth putting on a chart outside of two or three moving averages.    It's the only indicator I've bought or will ever buy.   I would never have bought it if pennies hadn't pointed out a bit of how he applied it.

Oh, and sometimes it's the trend lines off the green indicator fast line wave tops or bottoms that meet and price reverses at, while other times its the red slow TDI line that presents the trend line/price reversals.    But just look for one line, not both together to meet where price reverses.

I'm maybe being presumptuous pointing that out, when you may already have noticed.   I wanted to point it out in event you weren't aware.

Gotcha.   

Unfortunately, I've also noticed that the TDI can be undependable in one mentionable way......when the TDI waves make an arc from 32 level to 68 level and back down to the 32 level and sometimes price forms an arc but other times price will continue in a constant move up even though the TDI waves all moved back down to the 32 level.   Still though, I am now watching for those potential price reversals based on the TDI waves meeting trend lines.   

Ok, off to get some things done.   

Gotcha.   

Unfortunately, I've also noticed that the TDI can be undependable in one mentionable way......when the TDI waves make an arc from 32 level to 68 level and back down to the 32 level and sometimes price forms an arc but other times price will continue in a constant move up even though the TDI waves all moved back down to the 32 level.   Still though, I am now watching for those potential price reversals based on the TDI waves meeting trend lines.   

Ok, off to get some things done.   

Exactly Quan, most are not dependable so I wouldn't load the boat that's for sure.... enjoy

Hi all been busy outside -here is something i have been looking at-in association with the TDI Green line -also the red and red cross--i wait for the ZZ to print

trying to build a new bed for aspargus--cutting grass-sister coming sat--brother and his wife bringing her to see her doggie that i'm taking care of her for her--did get to go fishing yesterday-not too much luck-but some for supper tonight-crappie-donna doesn't eat fish so i don't have to share-she caught 3 i caught 1 lol-and she's still rubbing in-well gotta get back to my grass

That's what i told her yesterday-catch me more-i want some in the freezer--use to fish more-back then freezer always had fish in it--we gotta get more fishing done this year--you see the price of fish in a grocery store outrageous

CAD/JPY Daily Chart

I agree with Heavy's take on this pair. Its the same IHS price action pattern that caught my eye as well and the TDI wave count seems to confirm the IHS price action pattern. The only thing I'm waiting on is a confirmed breakout of the current downtrend channel along with the TDI breakout that has just not showed up.

Watching it closely pennies. Looks like there's still a gap to fill around 80.74 and 80.84. The closer it gets to that 61.8 fib I'll be looking to go long then add as needed.