TDI – DI : Signature trade to catch the peak
It’s been a while since i made a post in here. Anyway, this post is going to be about a simple trade setup that you can try out using mainly the TDI and the bluetracer. (Use all BTMM Indicators tho). This is a swing trading aproach. and I belive this signature is my own as i have not seen it in practice by another. I Name it “TDI-DI”
You need to know..
You need to know the basics of BTMM “formations” (M/W/V/A)
13 EMA closes as entry triggers
Exploits on the bluetracer (Takes some Chart Vision)
This is a 2 day setup. Meaning you get the signal 1 day earlier. Also this is a dead giveaway of the peak formation (in most occasions). Every reason of the setup is based on BTMM Original concepts 🙂
We Must never deviate from the method even when dealing with new signatures
- Check H1 TDI for extreme sharkfins
Something steve said, – “Today’s sharkfin at the extreme gives the next days bias”- he was explaining a way to predict safety trades. We are looking at the times safety trades don’t play out in this signature.
- Now you sleep and come back to the terminal for next day’s london and Newyork 🙂 (Sleep is not for the weak)
- look at the TDI, look at the price – Do you see DI-vergence?
- If not keep looking for one – If you see divergence go to M15 and watch the bluetracer get exploited
- Once it goes above the bluetracer – look for a close below the 13 to get into the trade
In this example your first entry got stopped out from the London brinks
But on NY Session if you look at the H1 chart, the divergence is still valid and more massive
So a re-entry on NY session is acceptable in here – once they get the volume they are out of there – although this did take another whole day before it played out… such is life when dealing with peaks on the extremes.
Example #3 – If you dont have divergence
If you don’t have Divergence – Always remember a safety trade is better and “SAFE” 😉 – and for divergence to be present it must go below the bluetracer – in theory
13 pips above the HOD – you will survive 🙂 and there is the peak formation
With that I will finish this post. Hope you learnt something new.
Do not miss out on the shark-fin alerts at the extremes. It’s a free service you can get via telegram from here.
Be sure to check out my store – I’m always open to suggestions and ideas.
Hope you realize what a shark-fin at the extreme really means now :))