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Trading Made Simple

  • #85,201
  • Jan 5, 2018 7:51am Jan 5, 2018 7:51am
Quoting Divergence
I understand what your doing rick but you must factor in supply and demand look where supply is {image}
Thanks for your input.

I will see if price reacts in that area and close for a reasonable profit if it takes effect. I normally close all H4 trades at end of week even if trades going well
Trading thin liquidity at the boundary of the charts
  • #85,202
  • Jan 5, 2018 7:53am Jan 5, 2018 7:53am
I look for profits the same day you will make more day trading imop
  • #85,203
  • Jan 5, 2018 8:02am Jan 5, 2018 8:02am
Quoting Divergence
{quote} folks this guy refuses to get it if you want to follow him be my quest but that's faulty information just saying
Divergence it is not my method. BigE used it so do I. Did BigE gave faulty information? Just asking.
Post 686
Trend... long term and short term...
I take a chart and make the candles as small as they will go to find the direction of the long term trend...
Then I enlarge them to my normal trading size for the current short term trend...
If they are the same I feel I have better odds on my side... if they are opposite I may trade less lots per trade...
I will pay more attention to the last swing (candle size & length)...

Are we following the method that BigE used or not.
  • #85,204
  • Jan 5, 2018 8:14am Jan 5, 2018 8:14am
Quoting Tekkies
{quote} Divergence it is not my method. BigE used it so do I. Did BigE gave faulty information? Just asking. Post 686 Trend... long term and short term... I take a chart and make the candles as small as they will go to find the direction of the long term trend... Then I enlarge them to my normal trading size for the current short term trend... If they are the same I feel I have better odds on my side... if they are opposite I may trade less lots per trade... I will pay...
well he gave you faulty information scrunching a chart and seeing if trend is up or down defines nothing. if I look at a monthly it might say up then weekly might show down and daily might look sideways do what you want tekkies please don't bother me with this stuff just do your own thing
  • #85,205
  • Jan 5, 2018 8:19am Jan 5, 2018 8:19am
Quoting handy148
Trend is Market Structure - HH HL LH LL as Divergence has already explained.
Only keeping it simple handy. I use what I know and comfortable with that.
What chapping now is every members is trying to prove that the way he seen the chart is the right way. You don't see his way you are wrong, stupid, ignorant, unhinged. In the end it comes down to "Does it work for you? Do you take pips to the bank?"
  • #85,206
  • Jan 5, 2018 8:19am Jan 5, 2018 8:19am
heres how I read the market you can take this info or not time to make some money trading I hope
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  • #85,207
  • Jan 5, 2018 8:30am Jan 5, 2018 8:30am
I'm honestly amazed!

I thought it was a joke at first, but now i see that it is real.

A simple question. 'How do you define a trend'?


I can just see it now. In a bar, in London, start chatting to a smart well dressed guy, sat next to you...

'Hey what do you do?'

'I'm in banking. I trade for Citibank'

'Really? I'm a trader too'

'That's great.... hey, we are looking to recruit new traders. Tell me, 'how do you define a trend?'

'Well... i kind of scrunch my screen up and if it goes up across my screen i know it's an uptrend....'

'Righto..... shite weather outside ain't it?'
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #85,208
  • Jan 5, 2018 9:43am Jan 5, 2018 9:43am
Tend to believe what the chart's are showing.
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  • #85,209
  • Jan 5, 2018 9:44am Jan 5, 2018 9:44am
About the trend discussion, you can make the trend look like you want it.. just add more bars and the trend changes...

The main question is: how many "bars" we use in H4, D1 and W1 to look back

If we listen to BigE and when he says he zoomed out as for as he could, that will be 6 months for H4, now this leaves us again with another question: did BigE look at the whole 6 months or did he just spot the latest trend going on. Personally I think that the last 1-2 months can be considered enough to look back on the H4 chart, and the D1 and W1 chart just open up and dont zoom. That will be about 7 months (as far as bigE zoomed) for the D1 and 2 years for the W1 trend. Just my 2 cents.

Any thoughts?
  • #85,210
  • Jan 5, 2018 9:48am Jan 5, 2018 9:48am
Seem like only handful of people actually post useful information or worthy of reading, rest just come here to take their daily dump.

And one more thing, ask yourself if you are actually consistently making money. If you are not then whatever you are doing not working for you and most likely it won't work for others, so no point of sharing it or preaching it.

You maybe fooling others but at the end if you are not profitable you are just fooling yourself and wasting time, essentially your life.
  • #85,211
  • Jan 5, 2018 10:08am Jan 5, 2018 10:08am
Ss45 excellent post. That hilarious they come here to take there daily DUMP lol
  • #85,212
  • Jan 5, 2018 10:29am Jan 5, 2018 10:29am
I have just added a 50 and 200 sma to the chart.
If price is above both and the 50 is above thee 200 I only buy.
If the price is below the 50 and 200 and the 50 below the 200 I only sell.

Will I miss some trades, sure but that is ok as it is part of my system.
To get more profit, not the entry but the exit will make the big difference
  • #85,213
  • Jan 5, 2018 11:09am Jan 5, 2018 11:09am
Quoting Divergence
Ss45 excellent post. That hilarious they come here to take there daily DUMP lol
18 dump's in one day Div?
You surely have a weak stomach.
  • #85,214
  • Jan 5, 2018 11:14am Jan 5, 2018 11:14am
Quoting Tekkies
{quote} 18 dump's in one day Div? You surely have a weak stomach.
So my input is a dump and your input is nourishing for everyone REALLY I made 2000 this week how about you
  • #85,215
  • Jan 5, 2018 11:38am Jan 5, 2018 11:38am
Quoting Tekkies
{quote} Really Divergence Here is my proof that I am useing that method for a long time. Got some point's wrong. The right idea was there. Post 67,434 Trend direction Simple trend line indicator Use the draw Trend line of MT4 Zoom in maximum Draw two lines from bottom left corner to top right corner and top left corner to bottom right corner of main chart Zoom out with 2 clicks Double click line and three white dots will appear Drag line with middle white dot to bar 0...
Hi Tekkies. Could you pls highlight on a chart, which is Bar 0 you mentioned? I could not find any info about that. Many thanks!
  • #85,216
  • Jan 5, 2018 11:58am Jan 5, 2018 11:58am
Quoting Ss45
Seem like only handful of people actually post useful information or worthy of reading, rest just come here to take their daily dump. And one more thing, ask yourself if you are actually consistently making money. If you are not then whatever you are doing not working for you and most likely it won't work for others, so no point of sharing it or preaching it. You maybe fooling others but at the end if you are not profitable you are just fooling yourself and wasting time, essentially your life.

Very true!

It's usually those that shout the loudest!

When someone sends me an abusive message, or tries even harder to bullshit others on the thread, all it does (imv), is highlight their own failings.

Trading starts off as easy. It's so easy, cos there is no fear. No stops, let them run, aggregate positions until they become too large to handle etc.

But, you will tell all your friends and family, proudly that you are a trader. You forget the losers and only remember your last winner.

Over time, trading gets harder and harder as 'Fear' takes a hold, but you persevere and so you should.

But that's when the bullshit gets louder, cos there is an ego to fulfill. That's when it's easy to spot on the forums.

Yet more time passes, many years in fact and trading becomes virtually impossible as every avenue seems to lead to a dead end. Position sizes are micro sized to preserve capital losses

That's when most will give up having only ever lost... but the few.... the few, will remain and push on through until something clicks.

Suddenly it becomes easier.

Given more time, it gets easier and easier. The Fear is now a replaced by mixture of excitement and andrenaline as you push yourself with ever larger position sizes.

Eventually, trading becomes easy again.

The End.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #85,217
  • Jan 5, 2018 12:12pm Jan 5, 2018 12:12pm
Quoting rpvrpv
I have just added a 50 and 200 sma to the chart. If price is above both and the 50 is above thee 200 I only buy. If the price is below the 50 and 200 and the 50 below the 200 I only sell. Will I miss some trades, sure but that is ok as it is part of my system.
Hi rpvrpv

Have you tried adding the 50 ema and the 200 ema instead. Now you have what we call the power of the 10 ema. Search for discussions here on this thread and if will guide you in forming a trend Bias
Trading thin liquidity at the boundary of the charts
  • #85,218
  • Jan 5, 2018 12:33pm Jan 5, 2018 12:33pm
Rick you mentioned defining a trend is based on timeframe your trading and I agree totally since we all trade from 1 chart I use tick charts you use 1 or 4hr charts I don't remember but based on Dow theory here's what it looks like
Attached Image
  • #85,219
  • Jan 5, 2018 12:44pm Jan 5, 2018 12:44pm
Quoting Divergence
Rick you mentioned defining a trend is based on timeframe your trading and I agree totally since we all trade from 1 chart I use tick charts you use 1 or 4hr charts I don't remember but based on Dow theory here's what it looks like {image}
It always looks so easy to understand on paper, in the real live trading world, traders seem to always make things so complicated.
Trading thin liquidity at the boundary of the charts
  • #85,220
  • Jan 5, 2018 12:49pm Jan 5, 2018 12:49pm
I think the reason is there taking a bunch of ideas like candlestick patterns like pin bars and engulfing candle and add other ideas to that instead they should ask why it engulfed or why it rejected making a pin bar.. never the less the market doesn't move in a straight line there's advance the retrace then advance. Why not see where and why the advance from the retrace happens
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