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NIH98 Journal of Whatever

  • #141
  • May 24, 2019 8:27pm May 24, 2019 8:27pm
Compare the TMA+RSI 'extreme' Conditions, and about 'where are you now'.

EURUSD M15 point of view (working chart)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD M15 TMA RSI Extreme Conditions reading example.png Size: 217 KB


EURUSD M30 point of view (1 step higher TF)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD M30 TMA RSI Extreme Conditions reading example.png Size: 167 KB


EURUSD H1 point of view (2 step higher TF)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 TMA RSI Extreme Conditions reading example.png Size: 172 KB


Hopefully with this 3 charts screen reading, you could understand in general about 'where are you now'

Have a nice weekend and keep smiling
NIH
Dog + Smile = Beautiful Day
  • #142
  • May 24, 2019 9:18pm May 24, 2019 9:18pm
https://www.forexfactory.com/showthr...7#post12292277


What is the basis of the price? Learn together
  • #143
  • May 25, 2019 12:18pm May 25, 2019 12:18pm
[quote=Nih98;12292258]Compare the TMA+RSI 'extreme' Conditions, and about 'where are you now'

Thank you Nih for the detailed explanation. It is very helpful.

Because of time factor, I'm using the M5 for entries in coordination with your setups on higher timeframes, up to M30 and H1. It appears to have a lot of potential for me. I'm mostly scalping with occasional 20 to 30 pip runs. Watching six pairs, I need some practice and find that I have to develop a bit of feel for things, especially during the US session when London still open, news, Brexit, Trump tweets etc. I can trade only between 12:45 (06:45 local time) and 18:45 chart time. On six pairs I sometimes see only one trade per day and I want to develop further in finding good "re-entries" so that I can get a couple more trades during the trends.

Thanks again for your generosity and thanks also to Swingman for the great Fractal indi.
  • #144
  • May 25, 2019 1:26pm May 25, 2019 1:26pm
Quoting Nih98
{quote} Hi Bro @Merka, do you also look at higher TFs before you take decision on that M5 chart ? I believe HTF not yet go outside the TMA bands. So, with this template you can't only look at TMA bands, but must be confluence with sub window for FX-RSI. and to get confirmation on direction, you should refer to at least 2 higher TFs. Regards NIH
Good day kind sir am glad you finally start a thread... Something i can't wrap my head around your 2step htf strategy with the TMA level .. Can you break it down more??

Thanks in Anticipation
  • #145
  • May 25, 2019 5:58pm May 25, 2019 5:58pm
Quoting Nih98
Ok, someone PM me asking if I actually use this template to my own trades .. lol, yes of course 100% for sure. I trade almost every 5 minutes in my lovely beast pair.. if opportunity show up.. like yesterday and today.. lol {image} So, how can I explaining something, if I don't have experience in it.. that will be look weird and not make sense.. regards NIH
Hi Nih98
Would I be wrong to think that when you trade your (lovely beast) that you always have active trades open, both long/short, opening and closing them as the price moves up and down ? this way you have no strong opinion of direction but just capitalising from the rhythm of the market, as your beast as a decent Daily Range and your method gives clear and accurate signals when to add one side and close the other
Thanks for your posts
Dave
  • #146
  • May 25, 2019 9:18pm May 25, 2019 9:18pm
Quoting Christonly
{quote} Good day kind sir am glad you finally start a thread... Something i can't wrap my head around your 2step htf strategy with the TMA level .. Can you break it down more?? Thanks in Anticipation
Hi Bro @Christonly, I already explaining it in post 141.

Quoting OAPDave
{quote} Hi Nih98 Would I be wrong to think that when you trade your (lovely beast) that you always have active trades open, both long/short, opening and closing them as the price moves up and down ? this way you have no strong opinion of direction but just capitalising from the rhythm of the market, as your beast as a decent Daily Range and your method gives clear and accurate signals when to add one side and close the other Thanks for your posts Dave
Hi Bro @OAPDave, yes sometimes I use 'valving' strategy, by open 2 directions positions, to lock and release following market rhythm. Mostly I use this 'valving' strategy on higher TF analysis especially on ranging market. Actually there's always bulls and bears in every moments in the markets, any markets. We trades imbalance for gain, so IMHO it's better cover both sides.. lol.

Regards
NIH
Dog + Smile = Beautiful Day
  • #147
  • May 26, 2019 7:17am May 26, 2019 7:17am
Quoting Nih98
Compare the TMA+RSI 'extreme' Conditions, and about 'where are you now'. EURUSD M15 point of view (working chart) {image} EURUSD M30 point of view (1 step higher TF) {image} EURUSD H1 point of view (2 step higher TF) {image} Hopefully with this 3 charts screen reading, you could understand in general about 'where are you now' Have a nice weekend and keep smiling NIH
Thanks. Great explanation. But before you analise smaller timeframes you spot bottom spike on D1?
  • #148
  • May 26, 2019 3:52pm May 26, 2019 3:52pm
Quoting ficibald
{quote} Thanks. Great explanation. But before you analise smaller timeframes you spot bottom spike on D1?
Hi Bro @Ficibald, from long term perspective, yes that D1 bottom spike will be use as future reference, but from short term perspective we do opposite, we see smaller TFs as building block of that D1 candles.

Regards
NIH
Dog + Smile = Beautiful Day
  • #149
  • May 26, 2019 10:38pm May 26, 2019 10:38pm
Ok, someone ask me why I use 'number of the beast' 666 or any numbers related to Nikola Tesla 3,6,9.

Inserted Video


3+6+9 = 18 = 1+ 8 = 9
6+6+6 = 18 = 1+ 8 = 9

3 is the base number, this is triangular, 3 points that build triangular fractals, turning points. 3 TFs analysis, 3 pairs correlation. etc

So, yes I believe in something out of the box.

Regards
NIH
Dog + Smile = Beautiful Day
  • #150
  • May 27, 2019 3:04am May 27, 2019 3:04am
Quoting Froggy
Hi NH98 and all, Nice to read you thread NH98, thank you for sharing.
Hi NIH98,

My apologies for, misspelling your name.
Stay green!!!
  • #151
  • May 27, 2019 7:54am May 27, 2019 7:54am
Numerology of the Fractal of Price 0-100
Attached Image (click to enlarge)
Click to Enlarge Name: GANN NUMEROLOGIE FRACTALE DE PRIX 0-100.png Size: 463 KB
  • #152
  • May 27, 2019 1:32pm May 27, 2019 1:32pm
Anyone having issues with Nih98's SYMBOL CHANGER?

I have 3 symbols that it won't change it no matter what I do.
  • #153
  • May 27, 2019 6:34pm May 27, 2019 6:34pm
Quoting Nih98
{quote} Hi Bro @Christonly, I already explaining it in post 141. {quote} Hi Bro @OAPDave, yes sometimes I use 'valving' strategy, by open 2 directions positions, to lock and release following market rhythm. Mostly I use this 'valving' strategy on higher TF analysis especially on ranging market. Actually there's always bulls and bears in every moments in the markets, any markets. We trades imbalance for gain, so IMHO it's better cover both sides.. lol. Regards NIH
I had to study it deeply... I got it now.

Thanks a million
  • #154
  • May 27, 2019 6:44pm May 27, 2019 6:44pm
Quoting dbdan
Anyone having issues with Nih98's SYMBOL CHANGER? I have 3 symbols that it won't change it no matter what I do.
Hi Bro @dbdan, do you see any error msg on expert tab ? how about your broker symbols ? (standard or with additional prefix/suffix)
regards
NIH
Dog + Smile = Beautiful Day
  • #155
  • May 27, 2019 6:45pm May 27, 2019 6:45pm
Quoting Nih98
{quote} Hi Bro @dbdan, do you see any error msg on expert tab ? how about your broker symbols ? (standard or with additional prefix/suffix) regards NIH
PS. maybe some screenshots will help..thx
Dog + Smile = Beautiful Day
  • #156
  • May 28, 2019 2:50am May 28, 2019 2:50am
Hi Nih,

What's your approach with red news such as NFP and central banks blah blah, etc? Thanks!
  • #157
  • May 28, 2019 3:07am May 28, 2019 3:07am
Quoting mamabear
Hi Nih, What's your approach with red news such as NFP and central banks blah blah, etc? Thanks!
Hi @Mamabear, if I have active positions (and usually yes).. I will 'research' the potential range first, then I will put counter hedge pending order to protect my 'current' floating profit, then later after the 'news' volatility exhausted, I will play 'valving' to lock and release the counter hedge positions.

If I don't have any active positions, then still I will 'research' for potential range, wait the news volatility exhausted, then trade the "market correction" price action.

Hope it help and best regards
NIH
Dog + Smile = Beautiful Day
  • #158
  • May 28, 2019 3:38am May 28, 2019 3:38am
Thanks Nih. This makes total sense but I know it will take a lots of experience and skill to do it right especially when you have many open positions. I am very happy with your system so far but it always gets messy for me when I hedge.
  • #159
  • May 28, 2019 4:05am May 28, 2019 4:05am
Quoting mamabear
Thanks Nih. This makes total sense but I know it will take a lots of experience and skill to do it right especially when you have many open positions. I am very happy with your system so far but it always gets messy for me when I hedge.
Use demo, try to open 3 random positions in 3 different pairs then practice to use hedges and counter hedges to lock and release your positions with single purpose to ended your account in profit (no matter how much..) by the end of the week. try this several times until you get consistent result every weeks. Then go to real micro account and do the same (with pay attention to firm risk and money management..or course).

Regards
NIH
Dog + Smile = Beautiful Day
  • #160
  • May 28, 2019 4:18am May 28, 2019 4:18am
Quoting Nih98
{quote} Use demo, try to open 3 random positions in 3 different pairs then practice to use hedges and counter hedges to lock and release your positions with single purpose to ended your account in profit (no matter how much..) by the end of the week. try this several times until you get consistent result every weeks. Then go to real micro account and do the same (with pay attention to firm risk and money management..or course). Regards NIH
Will do! Thanks I really appreciate all your help
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