Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Attachments: TDA with IMT
Exit Attachments

TDA with IMT

  • Post #241
  • Quote
  • Edited Jul 28, 2021 2:33am Jul 27, 2021 12:07pm | Edited Jul 28, 2021 2:33am
GBPUSD

As mentioned above, the H4 went into a pullback, so IMT traders were monitoring lower TFs, looking either for the buy continuations or merely watching as price continued down.

As happens with all swings, they eventually stop.

On the M15, we see clearly the previous S/R zone that needs to be broken for a buy to have higher probability of ending in profit. By having multiple TFs available, IMT traders found the buy opportunity on M5 during the marked M15 bar.
Attached Image (click to enlarge)
Click to Enlarge Name: 6b52299eec738de8d5b542aaf85713ae.png Size: 43 KB
To free Gazans of Hamas, use whatever it takes.
GBPUSD
For WEEK31 of 2021

For day trading
Direction bias: down. However, expecting some price rallies at the start of the week.
Control: MN1
Action: M5 through H8; M15 through H1 are of special interest at the start of the week to see how the rallies progress before the down continuations begin.
To free Gazans of Hamas, use whatever it takes.
Quoting DrDave
GBPUSD For WEEK31 of 2021 For day trading Direction bias: down. However, expecting some price rallies at the start of the week. Control: MN1 Action: M5 through H8; M15 through H1 are of special interest at the start of the week to see how the rallies progress before the down continuations begin.
M15 through H1 are of special interest at the start of the week to see how the rallies progress before the down continuations begin.
You be the judge ...
Attached Image
To free Gazans of Hamas, use whatever it takes.
Vincent and Jack Rabbit like to read my posts, whichever thread they are made in. So attached is a text file with the URL to get a PDF. Vincent will like this because he is constantly searching for some new gimmick that will get him out of his failure mode. Jack Rabbit hops from one system to another, so here is yet another one for him to hop onto for a few days until he decides that he can't be successful with it and hops to the next one.

Edit. Changed from a link to a simple file with the URL inside.
Attached File(s)
File Type: txt URL.txt   < 1 KB | 244 downloads
To free Gazans of Hamas, use whatever it takes.
During a conversation late yesterday about NZDJPY, I mentioned that I have a down bias and that M1/M2 were trying to get a rally going. The rallies progressed through H1, and currently, the retracement to that rally is turning into a down continuation to sell.

IMT is all you need.

Attached Image
Attached Image
To free Gazans of Hamas, use whatever it takes.
GBPUSD
For WEEK51 of 2021

For day trading
Direction bias: Large TFs: down. However, small TFs are attempting to push up in direction change.
Control: MN2 and D2
Action: M1 through H8; M1 through M30 are of special interest at the start of the week to see if buyers step in.

The week has ended with all TFs greater than M5 and less than D1 going down, D1 and D2 going up, and W1 through MN2 going down. However, W1 is overdue to end going down and a rally is still needed on W2.

H1 is also overdue to swing up.

Will need to monitor how M5-M30 play out at the start of the week to see if the buyers are going to make any substantial purchases to take higher TFs into up trends or merely make rallies to be sold.
To free Gazans of Hamas, use whatever it takes.
Quoting DrDave
GBPUSD For WEEK51 of 2021 For day trading Direction bias: Large TFs: down. However, small TFs are attempting to push up in direction change. Control: MN2 and D2 Action: M1 through H8; M1 through M30 are of special interest at the start of the week to see if buyers step in. The week has ended with all TFs greater than M5 and less than D1 going down, D1 and D2 going up, and W1 through MN2 going down. However, W1 is overdue to end going down and a rally is still needed on W2. H1 is also overdue to swing up. Will need to monitor how M5-M30 play out...
Many people turn to a high TF to determine trade direction to use on lower TFs. This can prove fruitful until the high TF swing begins it enter into its ending phase. But because confirmation of this swing end is lagging, the lower TFs that are creating the swing change already have trend reversals. So trying to enter trades in the direction of the high TF amounts to entering counter-trend trades on the smaller TFs that are already in trend reversals, with all of the pitfalls and perils that accompany counter-trend entries.

Because a W1 swing bar can be confirmed only at the close of the week, the W1 down bias "dictated" to many people to be selling on lower TFs throughout the week. But the smaller TFs making confirmed uptrends show the folly of selling and as the week progressed, price continued higher, with the week ending with a confirmed W1 swing low.

Having trade direction for lower TF entries being blindly dictated by a high TF can bring only sub-optimal results.

Week51 for GBPUSD is a good example of this.

Notable points made before start of WEEK51
Direction bias: Large TFs: down. However, small TFs are attempting to push up in direction change.
H1 is also overdue to swing up.
At Monday's start, TFs below M30 failed to sustain moving up. However, by mid-day, H2 was in a confirmed upswing, and by early Tuesday, H2 was in a confirmed uptrend and H4 in a confirmed up swing with H8 confirmed up a few hours later.

W1 is overdue to end going down and a rally is still needed on W2.
At the close of the week, W1 confirmed a swing low, ending the down move. However, a rally cannot yet be confirmed on W2.
Attached Image
To free Gazans of Hamas, use whatever it takes.
'21 is almost done
soon '22 begins.
Green pips to you in '22
be blessed with many wins!

Attached Image
To free Gazans of Hamas, use whatever it takes.
What GBPJPY please?
Can financial markets become synchronized through collective behavior in a manner similar to the Kuramoto effect?

Synchronization experiment


Attached File(s)
File Type: pdf Collective Behavior in Finacial Market.pdf   192 KB | 301 downloads
To free Gazans of Hamas, use whatever it takes.
Do you believe that trading the news and holding a position for at least 1 day gives a good edge for reaping profits? Check the attached file for interesting information.
Attached File(s)
File Type: txt News trading information.txt   < 1 KB | 258 downloads
To free Gazans of Hamas, use whatever it takes.
Do hormones play a role in financial risk taking?

it is the subjective, not the objective, value of the reward
and the perceived (rather than the actual) probability of success
that influences risk-taking.
Joe Herbert
Attached File(s)
File Type: pdf Testosterone Cortisol and Financial Risk-Taking.pdf   1.1 MB | 230 downloads
To free Gazans of Hamas, use whatever it takes.
Quoting DrDave
GBPUSD For Week 8 of 2021 The bigger picture No change from the bigger picture from post #125, so simply repeated it below. Because we are in a rather long-term down move via the Year2+ turning down with rallies still due on MN8 and higher TFs, there is an expectation for the current up swing seen on MN1 to end soon (likely within 1-3 months) followed by a pullback of 5-8 months that is likely to reach around 1.26, but with the behavior of recent swings, could reach to about 1.2. Then a subsequent up swing to the 1.35 to 1.45 area. Here is a look...
In February 2021, I had an expectation that after the upswing was complete, GBPUSD MN1 would go into a a down swing that would likely last 5-8 months and reach about 1.26, and possibly even continue to the 1.20 area. As seen in the current MN1 TF, looking at the IMT green/red indicator line, the down swing began with the down bar of June, 2021 and has continued for 12 months, having reached 1.26 in April, 2022, and thus far, a low of 1.216 in May, 2022.

IMT can help to exploit opportunities on ALL time frames.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
To free Gazans of Hamas, use whatever it takes.
  • Post #254
  • Quote
  • Edited Jun 6, 2022 1:15am Jun 5, 2022 4:18pm | Edited Jun 6, 2022 1:15am
EURUSD
For WEEK23 of 2022

For day trading
Direction bias: Large TFs: down. However, small TFs are attempting to push up in direction change.
Control: W1
Action: m1 through m32; m1 through m16 are of special interest at the start of the week to see which direction a break out goes.

Although M1 is overdue to swing up, it is a rather large TF, so the expectation of up moves on small TFs mentioned below will just be part of the up-and-down cycling required before M1 can swing up.

There is consolidation from m1-m32, so will be watching these smaller TFs for a breakout.

The m32/m64 down swing is due to end, so this suggests a break up.

But on a higher TF, such as m256, there is a down continuation started that is likely to proceed further. So if the smaller TFs do make a break up, it will likely not progress beyond m128.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 111 KB
To free Gazans of Hamas, use whatever it takes.
You can come to the party late and still have a blast.

The red Vline is the entry time. The red Hline is the entry price.

128m was the focus TF. It is clear the IMT entry was at the open of the bar with the red Vline, but I was not around at that time. So, seeing that this is a down continuation for much larger TFs that are down, I checked for a rally to sell on small TFs. The nearest on was on 4m.

Because 128m is a rather large TF and the entry was a bit late, it was expected that there would not be a steady movement down, but could be significant up moves in price as TFs between 4m and 128m made rallies, so there should not be concerns even if rallies would put the position into drawdown.

If you check your charts, you will see that price fell about 15 pips and then rallied to just slightly above the entry price before continuing down to the TP price.

I included the H1 and M5 TFs from (abysmal) MT4 as well to show that with the correct adjustment of indicator parameters, you can obtain the information needed to use the non-existent H2 TF.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 39 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
To free Gazans of Hamas, use whatever it takes.
A breakout from a consolidation zone.

In this post, I described how you can come late to the party, and by using your IMT indicators, find a good place to enter the fun.

Here, a hindsight look at how the same focus TF, 128m, in the above-mentioned analysis can be viewed as breakout of a 1D consolidation zone to sell.

1 A break down from the zone occurred. Do you like to sell the break down, or do you wait for a test of the zone? I wait for a zone test. Plus, this is the focus TF, so I can be ready for a sell continuation if the setup develops.

2 The zone is tested with a rally. The rally makes little headway before returning down.

3 A clear down continuation that could be sold on the open of the 2nd red HA bar.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 61 KB
To free Gazans of Hamas, use whatever it takes.
Today, we're looking at EURUSD for a breakout trade from this 32m consolidation zone.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
To free Gazans of Hamas, use whatever it takes.
Quoting DrDave
Today, we're looking at EURUSD for a breakout trade from this 32m consolidation zone.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB

The breakout trade IMT entry was on 16m--did you catch it?

Attached Image (click to enlarge)
Click to Enlarge Name: Clipboard01.png Size: 23 KB
To free Gazans of Hamas, use whatever it takes.
Quoting DrDave
{quote} The breakout trade IMT entry was on 16m--did you catch it? {image} {image}
And then comes 32m, with the same breakout pattern ...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
To free Gazans of Hamas, use whatever it takes.
And here is the follow up on the 32m breakout/continuation sell opportunity.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
To free Gazans of Hamas, use whatever it takes.
0 traders viewing now