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NIH98 Journal of Whatever

  • #321
  • Jun 11, 2019 7:35am Jun 11, 2019 7:35am
Quoting OAPDave
Nih98 Just loving your (specialised) 15 min & 1 min settings, your thoughts on the first 6 hours of trading box reminds me of the ( Craig Harris Tokyo Channel Method) any way here is 2 charts with only your indicators showing, which I am happy to bank a 1/4 or 1/2 % moves and a chart of another Grid which I find hard to let go of Thanks for your constant generosity Dave {image} {image} {image}
Hi Bro @OAPDave, I'm very happy to 'see' that you could 'specialized' your trading style. That what we need as traders, be innovative and be specialize to fit your personal trading style/characteristic. Since market is dynamic environment, then you should also train your flexibility to dynamically follow the market steps.

Wish You All The Best
NIH
Dog + Smile = Beautiful Day
  • #322
  • Jun 11, 2019 8:07am Jun 11, 2019 8:07am
Quoting Daniel2775
Hi NIH98 Just a few questions, This system as I have read and can see can be used for some many different types of trading. I do like using it for Georges Method and not following the crowd

  1. Can I ask what results you have and what you follow?
  2. I can see you place multiple trades when the RS! is above/below the Salmon, At what point do you close these out?
  3. Is it once you get to a key price level?
  4. Also what kind of stats do you have? win %, Average Win, Average loss etc? Would you mind sharing if possible?
  5. I have read and understand

...

[/list]
Hi Bro @Daniel2775, sorry for late response;

  1. I trade for living for years if you ask my result then here I am, survive and smile, and of course I follow my God and myself..
  2. When I think the profit already enough for me and my family. Actually my trading style should only fit to my psychological state of mind and of course also my financial base, If you also investment base traders then maybe you could work with same money management like me. I almost never leave the market, meaning there always active positions the I maintain, Long term, mid term and short term. So, I closed some positions and open another positions again and again, 'seeding' and 'harvesting'.
  3. Yes, part of them, not all of course.
  4. I already shared the stat several times, of course that will be vary, but the main point is , we could reach consistency as long as you could manage yourself, and the standard rule 'current performance can't guarantee future result'.
  5. Top down analysis, looking to all TFs available to 'see' and 'understand' what happen to the market, when, where, why and how, then go to detail in smaller TF as working TF.
  6. As long as it work for you then you should sharpening your method.
  7. Mostly I only trade the beasts. be 'specialized' and gain experiences and expertise according to your personal quality trading time.
  8. CJA Signal Bars give you market /instrument orientation in general. You can't use it as standalone tool, it should work as part of orchestra.
  9. Happy Trading and keep smiling, this is the most important skill for traders 'be happy' and 'relax/keep smiling'.


Wish You All The Best.
NIH

Dog + Smile = Beautiful Day
  • #323
  • Jun 11, 2019 6:52pm Jun 11, 2019 6:52pm
Quoting OAPDave
Nih Do you think this looks OK for the ADR Indicator (The Beast) Dave {image}
Hi Bro @OAPDave, Average Daily Range is relative base on your brokerage price quotes and your calculation period.
Attached Image (click to enlarge)
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and this very same GBP/NZD (the beast) from my test account broker give very different AD Range compare to your broker because of my broker add extra pips for their price quotes.
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Also different 'way' to place the 'range' will give different "range to price" interaction result.
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I use Master mLaden MA Indicator (averages - mtf - alerts 9.0).

1st Instance
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2nd Instance
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Hope it helps and best regards
NIH
Dog + Smile = Beautiful Day
  • #324
  • Jun 11, 2019 10:06pm Jun 11, 2019 10:06pm
... might be good chance to look for Long again
GBPJPY m15
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15 jun 12.png Size: 92 KB
...want it most but use it worst!
  • #325
  • Jun 12, 2019 1:43am Jun 12, 2019 1:43am
Quoting aPhong
... might be good chance to look for Long again GBPJPY m15 {image}
Be careful Bro, 'She' looking for south, Monday Low.

NIH
Dog + Smile = Beautiful Day
  • #326
  • Jun 12, 2019 1:45am Jun 12, 2019 1:45am
I was very surprised and felt there was something strange, if someone who considered himself an expert in the world of trading, but did not understand market geometry and did not understand that the base of squares is triangular shapes, and the basic configuration of price value movements is a triangle forming trade balance cycles between two countries, and this has been known for a long time since the first "cable" was traded between London and New York a hundred years ago, long before we were all born.

'Triangular' naming on one type of Moving Average calculation formula is certainly based on mathematical knowledge. Just like various other types of Moving Average formulas, from standard formulas such as Simple, Exponential, Linear Weighted, and Smoothed, as well as more specifically like Hull, Parabolic, Ehlers, Decyclers, etc.

Maybe he is just an ordinary user without a background in statistics or economics, so he does not understand the mathematical meaning of these names, so it is understandable if something funny and strange happens.

Therefore, it might be best to be careful before stating something that is not fully understood, so it doesn't look funny and careless.

But anyway, happy trading and keep smiling
NIH
Dog + Smile = Beautiful Day
  • #327
  • Jun 12, 2019 3:05am Jun 12, 2019 3:05am
Quoting OAPDave
Nih I think this looks better,The slight difference might be because my Broker treats Sunday as a separate Day Thanks for your help yet again, very much appreciate it. Dave {image}

Hi Dave, basically we are dealing endlessly with the same methods. It looks like a variation of Donchian Channels
  • #328
  • Jun 12, 2019 3:12am Jun 12, 2019 3:12am
Quoting Nih98
{quote} Be careful Bro, 'She' looking for south, Monday Low. NIH
Thank you so much Master! ... Im totally into your thread & your Knowledge!
recently, I read lots of your valuable posts & your deep trading knowledge that I have never thought it even exists , ...till now my head's still stuck on it ...
...want it most but use it worst!
  • #329
  • Jun 12, 2019 3:33am Jun 12, 2019 3:33am
Hi OAPDave,
I saw your charts with difference number of RSI and MA for each of chart .Does it mean TF high or low and depend TF you change your number .Thanks for your respond .
Cheer ,
Munchie
  • #330
  • Jun 12, 2019 4:53am Jun 12, 2019 4:53am
Quoting Nih98
I was very surprised and felt there was something strange, if someone who considered himself an expert in the world of trading, but did not understand market geometry and did not understand that the base of squares is triangular shapes, and the basic configuration of price value movements is a triangle forming trade balance cycles between two countries, and this has been known for a long time since the first "cable" was traded between London and New York a hundred years ago, long before we were all born. 'Triangular' naming on one type of Moving...
Nih

Just my 2 cents: As a trader, my aim is to make money and not write an academic paper-

As long as the tool i use makes money, that's all it matter's, isn't it?

If all it takes knowing is the inner working of indicators and knowledge of math- All the Phd. holders would have made successful traders.

Thanks
  • #331
  • Jun 12, 2019 6:49am Jun 12, 2019 6:49am
Quoting Nih98
{quote} Be careful Bro, 'She' looking for south, Monday Low. NIH
Hi Nih, "she" is looking for south because the RSI is below the LWMA 66 (salmon line)?
  • #332
  • Jun 12, 2019 11:26am Jun 12, 2019 11:26am
Quoting aaven
{quote} Nih Just my 2 cents: As a trader, my aim is to make money and not write an academic paper- As long as the tool i use makes money, that's all it matter's, isn't it? If all it takes knowing is the inner working of indicators and knowledge of math- All the Phd. holders would have made successful traders. Thanks
Hi Bro,
no problem at all, it's your choice.
If you choose to only be a user/followers, and more or less depend on the creativity and ideas of others, even if it's could be wrong ideas and you don't know it until it's too late, because you don't want to go deep and use your common sense and logical mind (the core of math).

Btw, the important thing is happy trading and keep smiling.
Good luck with your journey.
NIH
Dog + Smile = Beautiful Day
  • #333
  • Jun 12, 2019 11:32am Jun 12, 2019 11:32am
Quoting nightnova
{quote} Hi Nih, "she" is looking for south because the RSI is below the LWMA 66 (salmon line)?
Not exactly on lower TFs Bro, I'm looking at more wider perspective on Daily range.

Attached Image (click to enlarge)
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NIH
Dog + Smile = Beautiful Day
  • #334
  • Jun 12, 2019 11:58am Jun 12, 2019 11:58am
Maybe better if you listen to him, "The Major League Guy", I think he's more honest and clear about his experiences, and still never boasting about his expertise.

Inserted Video


Enjoy
NIH

PS. Dr. Corvin Codirla, Ph.D. he was a physicist and mathematician who turned into a hedge fund manager and trader
Dog + Smile = Beautiful Day
  • #335
  • Jun 12, 2019 2:26pm Jun 12, 2019 2:26pm
Ok, Little advice for most of you.

If you continue your learning journey like this "Gentleman" in the middle, then you will ended with headache and confusing.. lol.
So select your style, and stay in your learning path until you reach deep understanding. Once again.. don't jumping around.

Inserted Video


But if you still wanna jump everywhere, then at least do it with more elegant way.. please..
NIH
Dog + Smile = Beautiful Day
  • #336
  • Jun 12, 2019 2:58pm Jun 12, 2019 2:58pm
I love that dog. Hahaha...
  • #337
  • Jun 12, 2019 9:41pm Jun 12, 2019 9:41pm
Quoting Nih98
{quote} Be careful Bro, 'She' looking for south, Monday Low. NIH
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 191 KB


Happy Trading and Keep Smiling
NIH
Dog + Smile = Beautiful Day
  • #338
  • Jun 12, 2019 10:00pm Jun 12, 2019 10:00pm
Quoting Nih98
Ok, Little advice for most of you. If you continue your learning journey like this "Gentleman" in the middle, then you will ended with headache and confusing.. lol. So select your style, and stay in your learning path until you reach deep understanding. Once again.. don't jumping around. https://www.youtube.com/watch?v=KTQyaAjQ4y0 But if you still wanna jump everywhere, then at least do it with more elegant way.. please.. NIH
a few months later...!!!, after he was able to focus on his learning process and not jump around here and there, he began to master the amazing skills ... I feel happy for him ... !!

Inserted Video


Wish You All The Best
NIH
Dog + Smile = Beautiful Day
  • #339
  • Edited 11:09pm Jun 12, 2019 10:54pm | Edited 11:09pm
Quoting Nih98
Ok, Little advice for most of you. If you continue your learning journey like this "Gentleman" in the middle, then you will ended with headache and confusing.. lol. So select your style, and stay in your learning path until you reach deep understanding. Once again.. don't jumping around. https://www.youtube.com/watch?v=KTQyaAjQ4y0 But if you still wanna jump everywhere, then at least do it with more elegant way.. please.. NIH
darn! ... looks familiar indeed Sir
btw, Post # 337 Thank you so much master for showing us your thinking process, a priceless lesson
...want it most but use it worst!
  • #340
  • Jun 12, 2019 11:00pm Jun 12, 2019 11:00pm
Quoting Nih98
{quote} a few months later...!!!, after he was able to focus on his learning process and not jump around here and there, he began to master the amazing skills ... I feel happy for him ... !! https://www.youtube.com/watch?v=UwWOR5s_Za4 Wish You All The Best NIH
Dogs are so great
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