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- #89,241
- Aug 7, 2018 10:13am Aug 7, 2018 10:13am
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
- #89,242
- Aug 7, 2018 10:20am Aug 7, 2018 10:20am
{quote} Where to find it? What you mean by trade plan and "know exactly what to look for". Man, I would be a little more inaccurate with your comments. Its like the homeless people holding up the cardboard signs in the streets saying "The End is coming, the end is coming" but none of them can tell you WHEN its coming
Your knowledge about trading is far below emmanuel7788, think before put your comment.
- #89,243
- Aug 7, 2018 10:27am Aug 7, 2018 10:27am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Yeah, thanks these are the comments probably help me alot to improve my trading
Using one of the "famous" phrase: Look at the Big Picture then you will..............................
- #89,244
- Aug 7, 2018 10:39am Aug 7, 2018 10:39am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #89,245
- Edited 12:22pm Aug 7, 2018 10:48am | Edited 12:22pm
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 4,499 Posts
※ GOLD ※
Gold with the highest Speculative Shorts since 2016-to-CoT date (Well, so far based on my calculated data I took from 2016-2018 only).
In terms of value... Speculators were Net long for $31 billion last March... and then down to $6 billion (CoT data - legacy report format)
H4 Chart...
Gold Seasonality: Looking good for August and September
...back in April
Reposted due to a minor formula typo issue with my last shared CoT data summary.
Note: The CoT reports breaks down each Tuesday’s (Wednesday, GMT+8) Open Interest and gives us a powerful view on what exactly the big guys have been doing in the marketplace and what their plans might be. It is issued every Friday (Saturday, GMT+8) and includes data from Tuesday to Tuesday. The three days prior to the release date are not included. Hence, there is a three-day lag between the report and the actual positioning of traders. This is an eternity by short-term investing standards, and by the time the new report is issued, it has already missed a large amount of trading activity.
Gold with the highest Speculative Shorts since 2016-to-CoT date (Well, so far based on my calculated data I took from 2016-2018 only).
In terms of value... Speculators were Net long for $31 billion last March... and then down to $6 billion (CoT data - legacy report format)
H4 Chart...
Gold Seasonality: Looking good for August and September
...back in April
Reposted due to a minor formula typo issue with my last shared CoT data summary.
Note: The CoT reports breaks down each Tuesday’s (Wednesday, GMT+8) Open Interest and gives us a powerful view on what exactly the big guys have been doing in the marketplace and what their plans might be. It is issued every Friday (Saturday, GMT+8) and includes data from Tuesday to Tuesday. The three days prior to the release date are not included. Hence, there is a three-day lag between the report and the actual positioning of traders. This is an eternity by short-term investing standards, and by the time the new report is issued, it has already missed a large amount of trading activity.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- #89,246
- Aug 7, 2018 11:24am Aug 7, 2018 11:24am
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
{quote} That was posted to show how shit the signals are on one pair. Using one of the "famous" phrase: Look at the Big Picture then you will..............................
- #89,247
- Aug 7, 2018 12:19pm Aug 7, 2018 12:19pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Donīt get it ...
I showed that you can make 20 pips
- #89,248
- Aug 7, 2018 1:07pm Aug 7, 2018 1:07pm
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
- #89,249
- Aug 7, 2018 2:47pm Aug 7, 2018 2:47pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #89,250
- Aug 7, 2018 2:49pm Aug 7, 2018 2:49pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #89,251
- Aug 7, 2018 3:00pm Aug 7, 2018 3:00pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Ah okay. Yes sure you can do that but with only trading one market / currency pair my point was you have to be patient and it’s for sure not every day like that so I wonder how you able to make constant profits especially if getting so many false signals like i showed you. Do you only trade GU?
- You don't have time and can not wait for a set up to come to you then you will find your account will go to margin call.
Don't worry about profit.
- Worry more about entry and exit.
- You get those two right, profit will look after himself.
- Get those two wrong, you will have no profit.
Don't be greedy, you going to hurt yourself.
----------------------
For now only GBPUSD. Next year EURUSD
Everyday has a set-up. Zoom out on GBPUSD H1 count how many lines are displayed between the thick lines. (Don't count waste of time)
Between every line there is a minimum of 3 M15 crossover.
The same lines on M15.
(This was done fast in hindsight.)
Between 31 Jul 2018 to 07 Aug 2018 there are 10 potential trades of which 4 is NICE.
The yellow trend line had 64 M15 bars and lasted 15 hours.
- #89,252
- Aug 7, 2018 4:25pm Aug 7, 2018 4:25pm
- | Joined May 2009 | Status: lost in the void | 2,977 Posts
- #89,253
- Aug 7, 2018 7:16pm Aug 7, 2018 7:16pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #89,256
- Aug 8, 2018 1:26am Aug 8, 2018 1:26am
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} He emmanuell7788, is it possible to put your recomemded Setting in this window ? Thank you {image}
Hi,
I do not know what that TradersDynamicIndex version you have. If you have the mq4 file, you can post that and I can take a look inside.
But the setting parameter should be as below:
Note: that TDI Price Line selection is changed to Typical Price because I look for price action bar patterns - DBHLC, DBLHC, BUOB, BEOB, BUEB, BEEB, and also the breakouts of the Master Candles and also the Inside Bars. This we eliminate the 12-2 and 4-6 clock face angles which are subjective most times. These price action bar pattern is enough for a trade decision for reversals and continuation trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #89,257
- Edited 1:56am Aug 8, 2018 1:37am | Edited 1:56am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote}Like said earlier show me some verified track records (preferably tested by an independent authority) of people day trading this strategy for 3-5 years at least with constant profits and i am officially impressed. And no, it wonīt help me becoming a better trader. I fully understand that. But you have to understand as well that there are so many fake traders here on FF posting charts every day like they have nothing else to do, providing their "professional" advices and clever sayings to everyone. So please do not take it so seriously when...
The above quote reflect the concern of every serious member on any forum.
----
Can not show a track record of 3-5 years because I only heard of Forex mid 2015. Like many newbies typed google "how to trade" and ended up here. FF posts reflects my track record of which I am not proud of. Many of them is actual fight's with the so called
"fake traders here on FF posting charts every day like they have nothing else to do, providing their "professional" advices and clever sayings to everyone"
----
Iddd, I took only what BigE has left behind in this thread and made it my own. Those posted of which I did not understood I used google search due to the fact that the advice given in this thread is biased against indicators and most of BigE's posts.
What you see posted is how I understand Trading Made Simple. I don't care a F#$K what other members think if it. It works for me, the account is growing slowly bit by bit, that in the end is really all that matter regarding forex trading.
Here is a trade that I missed. Not going to jump in because:
- Look left on D1, consolidation zone at 5 May
- M15 has crossed 7 bars back
- Don't chase big bars
- H1 is right on top of a support level
- #89,258
- Aug 8, 2018 1:43am Aug 8, 2018 1:43am
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Quoting Paybackfx
{quote} yes sir.trading plan is very important
Many traders make their trade plans but they failed to follow their trade plans.
Yet some traders think they can trade without any plan.
Five Guiding Principles of Short Term Trading
Many TMS traders fail to make consistent profits because they do not know No. 4) of the guiding principles.
They often trade when the market condition is not favourable for TMS 5-Method trading.
{quote} yes sir.trading plan is very important
Many traders make their trade plans but they failed to follow their trade plans.
Yet some traders think they can trade without any plan.
Five Guiding Principles of Short Term Trading
Many TMS traders fail to make consistent profits because they do not know No. 4) of the guiding principles.
They often trade when the market condition is not favourable for TMS 5-Method trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #89,260
- Aug 8, 2018 2:33am Aug 8, 2018 2:33am
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett