DiNapoli Traders

Any current or former members ever trade with the Joe DiNapoli material? May I get any comments and/or your experience with the material?

I've recently read the book and found a few nuggets in there, but since it is fairly dated I was wondering if their were folks still trading the methods. I've been looking at a few things on demo and surprised how well things 'appear to work on the surface'. I don't really have any long term data. Any information and/or your experience would be appreciated.


Thank You.

it's a complete methodology with all aspects.
after completing his courses, u will be convinced that money management and how u approach the game are the real keys.
u will rarely look at other methodologies.

Ive been searching around for hours trying to find anyone hwo uses that stock Dinapoli template in MT4 to see if there is anything in it for me to use, but i cant seem to find any info on it, just a bunch of indies people made for it and whatnot, i want to see what he does with those MAs and that stoch.

Had a look at that DiNapoli template and it's a little similar to the method I use. So here's my take on it if it's any help...I'm not a DiNapoli student so don't quote me on it.

Stochs used for ranging market, MACD used for trending market. The MAs will tell you if you are trending or ranging (if they are tangled we are ranging). They will also tell you about the quality of the trend, if it's smooth, choppy, steep or shallow.

Entry would be when price is on the right side of the smaller MA, and higher probability when all the MAs are in the right order (for long trades, smaller is above the longer MAs).

Look for divergence on MACD, zero line rejection (ZLR) on either MACD or stochs, W (bullish) or M (bearish) on stochs. ZLR gives a strong continuation signal, on MACD the steeper the angle of the ZLR the stronger the move will be.

If we are in a ranging market you will see price turn when stochs turn down or up from extreme - that will demarcate the top/bottom of the range, handy when the top and bottom of a range are not a straight lines. If we are in a trending market stochs will plaster themselves or braid at oversold/overbought.

Personally I also use fibs for my profit targets, and I use ADX to tell me if I'm trending or ranging. My MAs are different but they line up in the same way (I use fib nos for my MAs - 21, 55, 89 and 233). Instead of the MACD I use the OSMA, but it works the same way. I also have a few extra things on my main chart window to tell me where the big banks are looking - e.g. pivots, envelopes, a channel to keep me out of indecision for my triggers, and volume.

I am posting up a DiNapoli Daily chart I marked up to explain what I've said, but I personally use the H1 for entries and the H4 for directional bias (with the Daily) and I use the H4 for my fib targets. It works pretty well.

Hi, I am selling my own copy of Dinapoli Levels DVD purchased from Jeo DiNapoli's site at half the price. It is on German eBay. Key word Forex Trading - Dinapoli Levels DVD.

http://www.ebay.de/itm/Forex-Trading...9#ht_500wt_949

It is a very good methodology, including money management and psychology aspects.

It consists of 2 DVDs in best condition. It is the only video training material produced by Joe that I know of. And be sure you cannot find this stuff on internet. I guess people buy it and do not make illegal distribution. And that tells you something about the quality of the method. For more information check his site fibnodes dot com. I am selling it only because these days it just sits on a shelf.

Rasto

hi.. is there any any one interested to continue this topic ? I like dinapoli and mix it with harmonic analysis.

Sure Kissaki. I'm keen to know more. DiNapoli sounds intriguing. I'm going to look into it more....

I am looking for serious students of Joe Dinapoli and more specifically traders that apply the methods described in the book "Trading with Dinapoli Levels". I apply the methods described in his book to only two pairs at a time, since the analysis is rather time consuming, and I trade on 4hr and daily time frames. I am hoping to find some pure traders of the method to possibly share analysis and ideas to add the possibility of trading other pairs without adding to the work load. If there are other traders that use these methods I would be interested in discussing starting a small private group to work with.

Maddman2