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Trading Made Simple

  • #86,021
  • Jan 26, 2018 11:57am Jan 26, 2018 11:57am
I will refrain from posting on this thread and let those who want to trade tdi continue there quest good luck
  • #86,022
  • Jan 26, 2018 12:08pm Jan 26, 2018 12:08pm
Here's the thing... recognise a move to be corrective and the overall trend has to continue, (fresh lows if main trend is short and corrective move is long and vica versa etc).

Cable;

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Simple ABC with wave C = 200% of wave A. Match one of them to the fib level equalling the prior subwave 'i' and you have a pinpoint entry with likelyhood of trend continuance.

Ok, i too should respect the thread...

Regards CG
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #86,023
  • Jan 26, 2018 12:52pm Jan 26, 2018 12:52pm
Divergence and Cableguy,
Your posts have been very useful in helping the newbies gain a better understanding of what’s going on behind the scenes, and perhaps not getting so hung up on the TDI and PAC. Blindly taking TMS entries is stupid.

If the folks following this thread are going to use the TMS system, relying primarily on the teachings of Big E and Emmanuel, they should be a student of basic price action, patterns, etc.

BUT, I would advocate against posting charts that do not include the original TMS rules and indicators. If you could overlay your chart patterns/comments on a TMS chart to help newbies learn how to confirm a valid TMS entry that would be awesome.

I get what you guys are trying to do and I really respect it. But I also think it confuses the newbies.
With that said, if you guys started a thread with your mentoring, I would subscribe.
Without vision, the people will perish.
  • #86,024
  • Jan 26, 2018 12:59pm Jan 26, 2018 12:59pm
Me and CG post on plan the trade in journal section we will just stay there. It really makes no sense showing tdi with price action it's apples vs oranges
  • #86,025
  • Jan 26, 2018 1:29pm Jan 26, 2018 1:29pm
Quoting Divergence
Me and CG post on plan the trade in journal section we will just stay there. It really makes no sense showing tdi with price action it's apples vs oranges
It's not apples vs oranges if folks would use the TDI as a momentum indicator like it should be used, vs. an entry single. Take a 1 2 3 entry in conjunction with a TDI bounce for example.
Without vision, the people will perish.
  • #86,026
  • Jan 26, 2018 1:43pm Jan 26, 2018 1:43pm
By using tdi or any indicator to wait for confirmation will always be late it has to by nature and with the motif of buying lower selling higher will be removed waiting on an indicator that's why we showed the difference in reading and being led by price action and being led by any indicator so we will go back to our thread and hope those who do the research will discover this truth
  • #86,027
  • Jan 27, 2018 6:00am Jan 27, 2018 6:00am
Quoting emmanuel7788
{quote} there is a TIMING to when to sell and when to buy not just the Location to sell or buy. the PAC is just a nice visual trading tool to show use the Location. {image}
Emmanuel, could you please elaborate on that timing vs location point you mentioned? This feels very pertinent but I an not sure how to interpret it correctly.

thanks
  • #86,028
  • Edited 8:20am Jan 27, 2018 7:59am | Edited 8:20am
Quoting Divergence
By using tdi or any indicator to wait for confirmation will always be late it has to by nature and with the motif of buying lower selling higher will be removed waiting on an indicator that's why we showed the difference in reading and being led by price action and being led by any indicator so we will go back to our thread and hope those who do the research will discover this truth
I agree, but not always late... I still use the TDI indicator in anticipation of trend reversal or continuation of the current trend. At times, it seems to be ahead of fundamentals. With regards to price action... I agree with other traders that said that PA & indicators are just the same... click here for more info.

“Technicals move only with fundamentals behind it. Technicals move ahead of Fundamentals; Market buys (or sells) on anticipation of profit. Always, it is an intuition for profit. And whatever fears there are — political, social or economic — are calculated risks in business.”

☛ Why Technicals move ahead of Fundamentals?
“Sometimes, too much speculation drives the price and added with some greed, the technical will lead too much ahead of its fundamentals that will cause the price to correct, consolidate...then either it breaks out to start, resume or end a trend.”

By the way, I noticed that you use Market Profile... I like it so much in my day-to-day trading analysis.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #86,029
  • Jan 27, 2018 10:16am Jan 27, 2018 10:16am
Love it when a member post a contradictio: (v2vboni - click here for more info)

Looking at the past post's where member's blasted TDI = what now?
  • #86,030
  • Jan 27, 2018 12:32pm Jan 27, 2018 12:32pm
I love the old 'Fundamentals' vs 'Technical analysis' argument.

Well, i for one, couldn't care less about 'Fundies'. Everything i need to know is in a chart.

Here is a whole article about Trump and regarding his policy towards the $

https://www.msn.com/en-gb/money/econ...41X?li=BBoPWjQ

Does he want a weaker dollar or doesn't he? etc etc

Now here is a chart i made of the DX from a year ago;

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Ok, so in the chart, i wanted one more high... a pattern that i would certainly not call again today, if i were to attempt to label it. In fact the 123, trigger and retrace from the top would have been nice, especially if wave 2 of 'C' was irregular.

Well, my point is, that applying EW, showed that we can expect big falls from that area over 2017/2018 as we either correct the whole upmove, or pullback in an 'X' wave, either way, it has the same result;

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So tell me, did i need to know what Trump's policy would be on the $ a year ago?
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #86,031
  • Jan 27, 2018 12:58pm Jan 27, 2018 12:58pm
Quoting The Cableguy
I love the old 'Fundamentals' vs 'Technical analysis' argument. Well, i for one, couldn't care less about 'Fundies'. Everything i need to know is in a chart. Here is a whole article about Trump and regarding his policy towards the $ https://www.msn.com/en-gb/money/econ...41X?li=BBoPWjQ Does he want a weaker dollar or doesn't he? etc etc Now here is a chart i made of the DX from a year ago; {image} Ok, so in the chart, i wanted...
Cable
Did you posted that a year ago you would have had a rock solid proof that whatever you are using is working. Now it is meaningless, for any member can use a chart from a year ago, plot some lines and say: "I told you so" (hindsight trading)
  • #86,032
  • Jan 27, 2018 1:21pm Jan 27, 2018 1:21pm
Quoting Tekkies
{quote} Cable Did you posted that a year ago you would have had a rock solid proof that whatever you are using is working. Now it is meaningless, for any member can use a chart from a year ago, plot some lines and say: "I told you so" (hindsight trading)

Well, the only sensible answer i can give you to that.... is that i do not feel that i have anything to prove to anyone other than myself.

I am not in the habit of keeping blank charts from a year ago, so that i can doctor them up to make myself look like some kind of guru.

I can find many many charts that i have posted in the past, often at odds with some big named 'hotshot' advisors and proved exactly the same as my previous post. EW can be very very accurate if coupled together with fibs...

You have to have thick skin to post your charts, thoughts or anything at all, for that matter on the internet. There was a time that i would have been affected by such an accusation, but now, i just laugh)

I laugh because of how absurd your accusation sounds (to me).

Did i trade the chart i posted? NO! why the f*ck would i wait for a year to see any results?!

I will leave you to your own imagination and thoughts. My point was merely that i do not believe in listening to fundamentals. TA in the modern age, is all that is needed.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #86,033
  • Jan 27, 2018 1:46pm Jan 27, 2018 1:46pm
Dow theory says fundamentals are priced into the market so just look at the chart
  • #86,034
  • Edited 3:00pm Jan 27, 2018 1:53pm | Edited 3:00pm
Quoting The Cableguy
So tell me, did i need to know what Trump's policy would be on the $ a year ago?
IMO:... certainly you don't, because that was your trading style at that time... don't you?.

The fact that the price went up a little, but not level with your "C" or didn't create the "E" as you've expected it to be before the price goes down, wherein your chart pattern analysis was based on your previous level of EW understanding a year ago. Thus, it's hard to guess what exactly on your mind... probably you were waiting for the price to create your "D" or "E".

But still, at this point... It is easier to say this & that after the fact. Hayzzz... If only we have a crystal ball or a time machine. ; )-
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #86,035
  • Jan 27, 2018 1:56pm Jan 27, 2018 1:56pm
Quoting Tekkies
{quote} Cable Did you posted that a year ago you would have had a rock solid proof that whatever you are using is working. Now it is meaningless, for any member can use a chart from a year ago, plot some lines and say: "I told you so" (hindsight trading)
Agreed. I have many charts from a year ago where I made the right call, I also have many charts where I changed my mind!
  • #86,036
  • Jan 27, 2018 2:47pm Jan 27, 2018 2:47pm
Quoting Divergence
Dow theory says fundamentals are priced into the market so just look at the chart
If Charles H. Dow is living today... more importantly in this generation of Information & Communication Technology. He would probably say, " Fundamentals are priced into the market so just look at the chart. Having said that, there are risk factors that a trader needs to consider... like a major type of events (local or global) in political, social, natural disaster, economic event, etc."

But again, who knows... If only we have a crystal ball or a time machine. ; )-
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #86,037
  • Jan 27, 2018 2:51pm Jan 27, 2018 2:51pm
You think indicators are useless? You think pure PA only works?
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #86,038
  • Jan 27, 2018 3:00pm Jan 27, 2018 3:00pm
Quoting heispark
You think indicators are useless? You think pure PA only works? {image}
As expected from a hobby trader
  • #86,039
  • Jan 27, 2018 3:17pm Jan 27, 2018 3:17pm
Quoting Divergence
{quote} As expected from a hobby trader
Yes, i am. But RJ is not, and i know he strongly disagree with you. Anyway, seems you're lost in wrong thread, as you said please refrain from posting in this thread.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #86,040
  • Jan 27, 2018 3:39pm Jan 27, 2018 3:39pm
Quoting heispark
{quote} Yes, i am. But RJ is not, and i know he strongly disagree with you. Anyway, seems you're lost in wrong thread, as you said please refrain from posting in this thread.
Don't know who RJ is and I could care less but for someone who has never posted here I think your the one who's lost. I was here to help your here to troll
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