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Trading Made Simple

  • #93,621
  • Edited 10:24am Jan 27, 2019 10:13am | Edited 10:24am
Quoting onejester
{quote} He said what he said, as far as I'm concerned that can't be undone. If you guys want to work to 10 pips a week, good luck to you.

who say anything bout pips per week. the risk you take and how you escalate and manage results its a different story. i have not been trading for a lot of not . but i know FOR SURE that till i looked at this thread, tdi or not, perfect equation or not - it got me into the right path i think . of exploring indicators. exploring its reaction to price action and or viceversa. of which i think it is the bottom line. : being able to OBSERVE and REACT accordingly. making a habit of acting in certain ways when you see certain things.. and being able to turn failures into feedback to correct ones way of tough, or approach.

i am just trying to focus on finding a trading strategy that works for me. i grab all that helps me.

i try to focus on trading in a repeatable and scalable way. if i an achieve this. pips will come. money will always follow success. so i focus on being successful.
  • #93,622
  • Jan 27, 2019 10:20am Jan 27, 2019 10:20am
Quoting lddd
{quote} Hey xpensive, i asked for a better tdi indicator a couple of times in the past. One that would be able to filter out a lot of the headache by default. Either by some extra settings for it or a what ever, but without having to put another 5-10 indicators on my charts. At the moment i am using the TDI indicator that can be found on post #25. I already said i would like to have a TDI filtering out the following stuff (which is all technically possible to realize, i think) - Show only buy/sell cross overs where tdi green angle is strong e.g...


and indicator like that would rock. but i havent heard of such.

i use realtime tdi and i added other indicators to visually LOUDLY indicate me my favorable conditions, like trend, tdi cross angle information, pivots to be on the lookout for special areas, a 30ma o try to enter on trend resets after pullback. etc . i look at charts during the day to try and detect this favorable conditions. and then just wait for trigger.
  • #93,623
  • Jan 27, 2019 10:38am Jan 27, 2019 10:38am
Quoting xpensive
{quote} and indicator like that would rock. but i havent heard of such. i use realtime tdi and i added other indicators to visually LOUDLY indicate me my favorable conditions, like trend, tdi cross angle information, pivots to be on the lookout for special areas, a 30ma o try to enter on trend resets after pullback. etc so i just wait for the trigger. i look at charts during the day to try and detect this favorable conditions. and then just wait for trigger.
If you trade the H4 like this. How many different markets you monitor that way and which these are? Do you further trade on any of the lower time frames in the mean time where you donīt receive any H4 alerts?
  • #93,624
  • Jan 27, 2019 10:47am Jan 27, 2019 10:47am
Quoting Tekkies
{quote} What critics? Oh them! They are wasting their own time. Drop by some time would like to discuss that "unable to gasp".
It's the cigarettes - I must give them up
every Saint has a past. Every Sinner has a Future
  • #93,625
  • Jan 27, 2019 11:03am Jan 27, 2019 11:03am
Quoting lddd
{quote} If you trade the H4 like this. How many different markets you monitor that way and which these are? Do you further trade on any of the lower time frames in the mean time where you donīt receive any H4 alerts?
i monitor 24 pairs. i dont think it mater which one. same rules and basics apply to all. i just have many charts so more chances we have signals everyday. i go to h1 sometimes. but not lower.. 15 min way too fast for me.
  • #93,626
  • Jan 27, 2019 11:21am Jan 27, 2019 11:21am
Quoting xpensive
{quote} i monitor 24 pairs. i dont think it mater which one. same rules and basics apply to all. i just have many charts so more chances we have signals everyday. i go to h1 sometimes. but not lower.. 15 min way too fast for me.
Thanks for letting me know.
  • #93,627
  • Jan 27, 2019 12:30pm Jan 27, 2019 12:30pm
Quoting lddd
{quote} What is genesis?
https://www.forexfactory.com/showthread.php?t=373796
  • #93,628
  • Jan 27, 2019 12:45pm Jan 27, 2019 12:45pm
Quoting kain775
{quote} https://www.forexfactory.com/showthread.php?t=373796
Ah okay, even more indicators
  • #93,629
  • Jan 27, 2019 4:26pm Jan 27, 2019 4:26pm
Quoting emmanuel7788
{quote} USDJPY Week 04 Jan 23 Update: That Weekly High held today and price move back down. It is going to low volume after London session closed. May see more selling with higher trigger 109.40 on H4. {image} {image} Edit: New H1 candle open, last candle caused TDI hook back... {image}

USDJPY Week 05 Jan 29 to Feb 01:

sell trigger 109.45 on H4.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,630
  • Jan 27, 2019 4:31pm Jan 27, 2019 4:31pm
Quoting lddd
{quote} If you grow your account consistently (even if its just 1 positive Pip over X period), the result will be that you continously make a profit by the end of the day/week/month/year. Which would then mean that you are a profitable trader. Making money consistently == Growing your account cosistently = Your are a profitable trader. Having losing trades, who cares? Having even more losing trades than winning trades, who cares? Large drawdown, who cares? If you make money by the end of X time you are by definition, profitable! Simple as that....

but when one is not making money CONSISTENTLY and when losses are consistently larger than wins, .. leads financial ruins.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,631
  • Jan 27, 2019 4:36pm Jan 27, 2019 4:36pm
Quoting turnip15
{quote} It's the cigarettes - I must give them up
Attached Image (click to enlarge)
Click to Enlarge Name: laughter best medicine.png Size: 1,006 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,632
  • Jan 27, 2019 4:44pm Jan 27, 2019 4:44pm
Quoting lddd
{quote} Ah okay, even more indicators
I think almost all systems assume some form of Price Action knowledge - i wouldn't expect a systems as you are envisaging it, i.e. straight forward rules.
  • #93,633
  • Jan 27, 2019 4:45pm Jan 27, 2019 4:45pm
Quoting tc11
{quote} I think there is some merit in it, but it is the last piece for me, a trigger to enter. Incidentally, BigE seemed to trade it in a very specific way which may have got lost in the general debate over the merits of the signal - he acted on 2 specific candles (the 6AM and 10AM GMT) and took his position off at the end of the European session. If you analyse any period of time using that approach, you end up with a lot of small wins, say 10-20 pips and then some bigger runs; the losses can be small provided you act swiftly on any signs of a...

Very good observations.

Reading his posts in FF, I knew he has TA knowledge and experience from his many years trading the stock market. With TA, he knew how to interpret price and price momentum on his charts.
This is one of several reasons why he could drop both the Stochastics and TDI and taking trades became a breeze for him. That took his quite a few years trading forex.

He has an open mind and he did progressed in his forex trading from 2008 till 2011.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,634
  • Jan 27, 2019 4:54pm Jan 27, 2019 4:54pm
Quoting lddd
{quote} Hey xpensive, i asked for a better tdi indicator a couple of times in the past. One that would be able to filter out a lot of the headache by default. Either by some extra settings for it or a what ever, but without having to put another 5-10 indicators on my charts. At the moment i am using the TDI indicator that can be found on post #25. I already said i would like to have a TDI filtering out the following stuff (which is all technically possible to realize, i think) - Show only buy/sell cross overs where tdi green angle is strong e.g...
<>
TDI filtering out the following stuff (which is all technically possible to realize, i think)
- Show only buy/sell cross overs where tdi green angle is strong e.g 12-14, 16-18 clock angle.
- Show only buy/sell cross overs where the next higher time frame condition is within the same direction as on on trading chart. (so for e.g show only H1 buy cross over signals if H4 is bullish in an up trend)
- Show only buy/sell cross overs for my pre-defined trading time (london open - london close)
- Show only buy/sell cross overs respecting these 68/32 levels for overbought/oversold.
Maybe even further it would be possible to have a TDI indicator respecting major support and resistance zones

<>
all the above ideas were discussed in another forum back in 2008 to 2011.
and were done developed into an expert advisor.

you all missed the Synergy Advance.

Big E did not move to this new version. He was too sick in 2011 and he died.

After that, came Synergy Pro.

Its history now.

If you all are still stuck with trading Green cross Red, ...

there are better ways to trade M15 H1.

Goo luck.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,635
  • Jan 27, 2019 5:01pm Jan 27, 2019 5:01pm
Quoting onejester
{quote} Thank you for your explanation. May I suggest a shovel...

I think start small and that's more manageable ...

like a trowel,

Attachment g

be realistic and be SMART.

start small, think big ...
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,636
  • Jan 27, 2019 5:11pm Jan 27, 2019 5:11pm
Quoting emmanuel7788
{quote} USDJPY Week 05 Jan 29 to Feb 01: sell trigger 109.45 on H4.
I have GBP/USD on my watchlist for a possible short trade.

Attached Image (click to enlarge)
Click to Enlarge Name: kMeKRV5F.png Size: 79 KB
  • #93,637
  • Jan 27, 2019 5:26pm Jan 27, 2019 5:26pm
Quoting lddd
{quote} I have GBP/USD on my watchlist for a possible short trade. {image}

GBPUSD D1 chart trading:

Too early to short.
Technically, it will not reverse violently unless some big event happening in the UK.
As it looks now, still bullish and I look if the volatiltity drops and price action show sideways / ranging.

Trading based on Daily Close Price or the Line Chart is easy.

Use the APB/HA candles in background and know the 10 days ATR.

I remain in buy mode this week. Let the market decide for me when to get out. I know my trading tasks and when to perform them.

So far this Jan month, some good profits to start the new year trading.



Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD trades closed open Jan01 to 25.png Size: 50 KB



The Line Chart is a 1-period Simple Moving Average set to Close Price.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,638
  • Jan 27, 2019 5:30pm Jan 27, 2019 5:30pm
Quoting emmanuel7788
The Synergy Pro. Its history now.
The Synergy Pro doesn't combine all of the things mentioned. However, not so important.
  • #93,639
  • Jan 27, 2019 5:35pm Jan 27, 2019 5:35pm
GBPUSD Week 05 Jan 28 Weekly Big Picture

technically, looking at PPA I am prepared for some reaction this week and next week.

once that PPA region get cleared , then 1.3400 is possible. That's another 200 pips swing move. I can make 300 pips in that 200 pips swing range.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 05 Jan 28 W1 BPP.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,640
  • Jan 27, 2019 5:38pm Jan 27, 2019 5:38pm
Quoting lddd
{quote} The Synergy Pro doesn't combine all of the things mentioned. However, not so important.

have you seen Synergy Pro Evolution 2017 release?

someOne still talking about #647.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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