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Trading Made Simple

  • #85,261
  • Jan 8, 2018 5:58am Jan 8, 2018 5:58am
real trader dont have time to spend it on non sens discussions, every person have his vision and positions about trading.
real trader make money and dont need to explain or to demonstrate somthing..
i see some peoples here have inaf time to coment here, when they trade? i dont understand..
if you make money, will you spend your time to stay on the forum?
back to the thread..some trades take.
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  • #85,262
  • Jan 8, 2018 6:11am Jan 8, 2018 6:11am
so on your gbp/usd trade you have a 60 pip stop 30 pip target are you kidding me lol and a 10 lot position this here my friends is a demo trader
  • #85,263
  • Jan 8, 2018 6:36am Jan 8, 2018 6:36am
Quoting shum
real trader dont have time to spend it on non sens discussions, every person have his vision and positions about trading. real trader make money and dont need to explain or to demonstrate somthing.. i see some peoples here have inaf time to coment here, when they trade? i dont understand.. if you make money, will you spend your time to stay on the forum? back to the thread..some trades take. {image} {image} {image}
Shum,

On the GBPUSD, why would you trade in consolidation just on a cross only. Please explain why you took the trade because price action for me does not explain your trade. Just showing a chart tells the viewer nothing about your thought process on why you are taking the trade.

Just attempting to understand WHY you took this trade. I liked the EURAUD trade best, for me the EURUSD trade was 50 / 50.

Also agree with Divergence, 10 lots ?
Trading thin liquidity at the boundary of the charts
  • #85,264
  • Jan 8, 2018 6:59am Jan 8, 2018 6:59am
Quoting nigpig
I finding using PA with TDI confirmation very effective. I'm doing big picture analysis from monthly, weekly etc. I'm then deciding swings on H4. Then using M15 and M5 for entry with PA and TDI confirmation. So far so good. Stopped for today London session. {image}
Hi nigpig,

That are impressive results.
Would you mind explaining one or two of these trades in detail. Im primarily interrested on how you used the M15 and M5 after you spotted the entry signal in H4.

Cheers...
  • #85,265
  • Jan 8, 2018 7:44am Jan 8, 2018 7:44am
Quoting jansb000
{quote} Hi nigpig, That are impressive results. Would you mind explaining one or two of these trades in detail. Im primarily interrested on how you used the M15 and M5 after you spotted the entry signal in H4. Cheers...
I'm working of the fact H4 is in an established swing and TDI and HA shows the trend. Then on a lower time frame find setups where there is a retrace. Using PA and DTI in the lower time frame to confirm entry.

This will be a little of topic for some - sorry.
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  • #85,266
  • Jan 8, 2018 7:46am Jan 8, 2018 7:46am
Quoting Tekkies
{quote} {image} https://book.mql4.com/variables/arrays
Got it, many thanks Tekkies!
  • #85,267
  • Jan 8, 2018 7:52am Jan 8, 2018 7:52am
Quoting Divergence
so on your gbp/usd trade you have a 60 pip stop 30 pip target are you kidding me lol and a 10 lot position this here my friends is a demo trader
I think he is inexperienced, that's all, as we all have been at one point. He will be better if he struggles to learn and doesn't give up. I say 'inexperienced' because although he joined FF in 2011, he seems to rely solely on indicators/oscilators, as he puts all the weight on TDi, and even Tekkies would agree with me that this is not the way to do it, as he uses PA in his trading, too. Look at this post which will help others who will try to gain pips via TDI signals only:

https://www.forexfactory.com/showthr...6#post10633416

He entered short on the opening of the candle marked with the green arrow.. First, entering after the big red candle (the one previous to the green arrow) is bad, because many times there is consolidation or a pullback after a big move like that. Unless you enter with MEME, you'd better not enter when the big candle closes. Or wait for the pullback to get a better R:R.

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Why did he enter? Because W1, D1 and H4 TDI were all pointing downwards. Now let's move to the HTF, namely D1, to see why only the TDI direction on three timeframes was not enough to take a trade.

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Folks, as you can see, that area has been tested many, many, many times, as seen with the blue vertical lines that I have drawn. Further more, as if support was not convincing enough to not take a sell, there was also a trendline. So there was confluence of horizontal and diagonal support, and he dived right into that dangerous area.

This is why we need PA, because TDI is not enough, nor any other indicator/oscilator.

EDIT: CHARTS ARE UJ, FIRST ONE IS H4, THE SECOND ONE IS D1.
  • #85,268
  • Jan 8, 2018 8:04am Jan 8, 2018 8:04am
[quote=catalin_eros;10650619]{quote} I think he is inexperienced, that's all, as we all have been at one point.

Great post Catalin, no one will learn anything unless we post our ideas about a trade along with a chart to show it in a visual content.
Trading thin liquidity at the boundary of the charts
  • #85,269
  • Jan 8, 2018 8:09am Jan 8, 2018 8:09am
Quoting nigpig
{quote} I'm working of the fact H4 is in an established swing and TDI and HA shows the trend. Then on a lower time frame find setups where there is a retrace. Using PA and DTI in the lower time frame to confirm entry. This will be a little of topic for some - sorry. {image}
Hi Nigpig

Never of topic as far as I stand. We just take something or nothing out of a post and move on.
Is it possible next time you have a good trade, could you show us your full setup, entry on charts. I learn new stuff everyday, sometimes even by new traders to this forum who come here with passion.
Trading thin liquidity at the boundary of the charts
  • #85,270
  • Jan 8, 2018 8:16am Jan 8, 2018 8:16am
Guys i never sayd that this account is real, it is demo, the lots nothing mean, this system for me is not new, but is a swing system, i prefer quiq money in the poket..
i am a scalper trader..
the rison why i am here at the moment, is that i use this system for my real scalping trading..i look on this H4 system, just for direction of price, and if its in the same direction with my pending orders from my EA, i take decision to let or no this order to be execute.
for some months ago i start to take some trades on demo on this system too, coz i whant to start trade it on real account, the fact that i dont speak here to much and dont have quiestions, is coz i know the rules, and all i need is here.. i look to other threads too at the same moments, and i am interesting on scalping systems , but i found that i am ready to start trading some of signals from this system too, with a succes. i steel trade it on demo, coz i cant fiend the right sl for all pairs, and steel chek best tp, sl, MM for it.
Sl is to big, and tp to small?
look here, chek the sl on that trades, the lots and tp....its realy lol

Rick, i took GU coz the price in my opinion brake the flag(consolidation area) and have big chanse to go a little down, to be honastly i dont like GU for this system.
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  • #85,271
  • Jan 8, 2018 8:21am Jan 8, 2018 8:21am
Quoting catalin_eros
{quote} I think he is inexperienced, that's all, as we all have been at one point. He will be better if he struggles to learn and doesn't give up. I say 'inexperienced' because although he joined FF in 2011, he seems to rely solely on indicators/oscilators, as he puts all the weight on TDi
  • #85,272
  • Jan 8, 2018 8:30am Jan 8, 2018 8:30am
wouldn't it be great to know where the buyers and sellers are? it would make trading simple right?
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  • #85,273
  • Jan 8, 2018 9:06am Jan 8, 2018 9:06am
so let me explain the chart I posted we had a big runup small pullback then it just takes out high by a few pips sellers came into the market sending price all the way down to when it began its runup buyers came in and bought it back to where sellers were waiting to resell it back down to where buyers were waiting to buy it back where that green arrow was
  • #85,274
  • Jan 8, 2018 9:09am Jan 8, 2018 9:09am
Quoting Divergence
wouldn't it be great to know where the buyers and sellers are? it would make trading simple right? {image}
Is supply and demand not real in the higher time frames and are we just looking at resistance. Is supply and demand real in the very short time frames and are we not looking at resistance.

So question, are they the same Divergence
Trading thin liquidity at the boundary of the charts
  • #85,275
  • Jan 8, 2018 9:30am Jan 8, 2018 9:30am
resistance can be suppy and support can be demand. its where price shoots away from an area.if you use regular candles you can spot suppy and demand on any time frame. I use tick charts in my futures trading and I can spot it 95% of the time. the market moves in phases first accumulation which is consolidation like your kings box then it second phase is distribution that's why on the chart I posted price went from demand to supply and visa versa. I really don't know why youd want to trade 4 hour charts since stops would be huge but that's a discussion for another time
  • #85,276
  • Jan 8, 2018 9:33am Jan 8, 2018 9:33am
Quoting catalin_eros
{quote} I think he is inexperienced, that's all, as we all have been at one point. He will be better if he struggles to learn and doesn't give up. I say 'inexperienced' because although he joined FF in 2011, he seems to rely solely on indicators/oscilators, as he puts all the weight on TDi, and even Tekkies would agree with me that this is not the way to do it, as he uses PA in his trading, too. Look at this post which will help others who will try to gain pips via TDI signals only: https://www.forexfactory.com/showthr...6#post10633416...
Did not trade any of them.
Could not enter on EURUSD H1 or H4
H4 - bounce midnight
H1 - cross occurred 03H00 (at computer 07H00, 4 bar's late / London Open 10H00, 7 bar's late.)
Would have taken the H1 cross (hindsight trading)
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  • #85,277
  • Jan 8, 2018 9:46am Jan 8, 2018 9:46am
would be nice to see whole chart on that hindsight trading
  • #85,278
  • Jan 8, 2018 10:02am Jan 8, 2018 10:02am
Quoting Divergence
would be nice to see whole chart on that hindsight trading
There is a difference between analysis and actual trading. Most of these thread focus on analysis. Few traders will even engage that hard right edge of the chart.

So Tekkies is showing analysis. I do not think he ever mentioned that he traded anything that he showed in his post.

Quoting Divergence
resistance can be suppy and support can be demand. its where price shoots away from an area.if you use regular candles you can spot suppy and demand on any time frame. I use tick charts in my futures trading and I can spot it 95% of the time. the market moves in phases first accumulation which is consolidation like your kings box then it second phase is distribution that's why on the chart I posted price went from demand to supply and visa versa. I really don't know why youd want to trade 4 hour charts since stops would be huge but that's a discussion...
Wish I could do that. I can only spot S/R after price has rejected a BRN or a pivot, or a price action bar has confirmed with follow through. In other words, about half of the time.
If you are good at something, never do it for free--Joker
  • #85,279
  • Jan 8, 2018 10:22am Jan 8, 2018 10:22am
jmn I know it was only analysis but I needed to see whole chart to see the price action which occurred before hand. the point being lead by an indicator and not price action is very dangerous to your acct. heres my 1 hour of trading hope this chart makes sense this is a 512 tick charts. new candles form after 512 trades take place
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  • #85,280
  • Jan 8, 2018 10:31am Jan 8, 2018 10:31am
Quoting Divergence
jmn I know it was only analysis but I needed to see whole chart to see the price action which occurred before hand. the point being lead by an indicator and not price action is very dangerous to your acct. heres my 1 hour of trading hope this chart makes sense this is a 512 tick charts. new candles form after 512 trades take place {image}
That's it Divergence - keep it simple and look at price action and previous levels. keep it simple.
every Saint has a past. Every Sinner has a Future
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