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Trading Made Simple

  • #109,421
  • Oct 6, 2020 4:54am Oct 6, 2020 4:54am
to #109,420 and #109,421

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,422
  • Oct 6, 2020 4:58am Oct 6, 2020 4:58am
EURUSD Oct 06 H1 pre-NYO

- wait for the tweek!

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Click to Enlarge Name: EURUSD Oct 06 NYO 6-10-2020 7-56-58 pm.png Size: 84 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,423
  • Oct 6, 2020 5:02am Oct 6, 2020 5:02am
Quoting emmanuel7788
EURUSD Oct 06 H1 pre-NYO - wait for the tweek! {image}
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Click to Enlarge Name: EURUSD Oct 06 NYO 6-10-2020 7-56-58 pm.png Size: 84 KB


EURUSD Oct 06 H1 NYO

- it's a hook -2 and +13

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Click to Enlarge Name: EURUSD Oct 06 H1 NYO 6-10-2020 8-00-15 pm.png Size: 86 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,424
  • Oct 6, 2020 5:34am Oct 6, 2020 5:34am
More love flowing--ToxicFakeTrader style!
post #100,179 February 3, 2020

"Post#99,902 is another of your crap nonsense posted here."
To free Gazans of Hamas, use whatever it takes.
  • #109,425
  • Oct 6, 2020 5:48am Oct 6, 2020 5:48am
Quoting emmanuel7788
{quote} {image} EURUSD Oct 06 H1 NYO - it's a hook -2 and +13 {image}

EURUSD Oct 06

- quick scalp

- stopped out by Capital Protection feature of THV Cavemanager
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Click to Enlarge Name: EURUSD Oct 06 trade closed 6-10-2020 8-45-26 pm.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,426
  • Oct 6, 2020 5:52am Oct 6, 2020 5:52am
[quote=vinicio;13200642]
Quoting Tekkies
Not much more can be posted about TDI. Either you follow BigE's advice how to trade with TDI or you don't. - Nice TDI angle above 1 - Stoch confirm direction. Apply post#647 to the rest of the chart and trade how you understand that post. Hi Tekkies, what is the difference between the TDI Vline you use and The Original Traders Dynamic Index (2005) and why do you prefer this? Thanks for the reply Vinicio
There is no difference Vinicio.
Only took TDI red green, remove unwanted code, try to add a V line to it and failed miserably. Ask for help and CJA show me how to do it.
Both indicators have been posted already in this thread.
Why I prefer this one?
I don't have to plot the V line myself.
------
Warning: Do not trade every cross over that receive a V line.
Reason: Many V lines are plotted between angle 2/4
  • #109,427
  • Oct 6, 2020 6:13am Oct 6, 2020 6:13am
[quote=Tekkies;13200794]
Quoting vinicio
{quote} There is no difference Vinicio. Only took TDI red green, remove unwanted code, try to add a V line to it and failed miserably. Ask for help and CJA show me how to do it. Both indicators have been posted already in this thread. Why I prefer this one? I don't have to plot the V line myself. ------ Warning: Do not trade every cross over that receive a V line. Reason: Many V lines are plotted between angle 2/4

Thank you
  • #109,428
  • Oct 6, 2020 6:42am Oct 6, 2020 6:42am
The most simple strategy I found on FF. This might sound dumb but does anyone trade this on 1min HA ?
I know there a lot of noise and fake entries but I just like how 1 MIN also has a lot opportunities on any given day.
Excavator to Trader
  • #109,429
  • Oct 6, 2020 7:18am Oct 6, 2020 7:18am
Quoting emmanuel7788
{quote} Hi Rob there are several of these FF Cal indicators over the past 10 years and I tried them. I don't use them except to learn the programming and DLL interface stuff. One more recent one is this thread: News Indicator MT4 (Stable) - Based on FF Calendar and Others { link }
Thank You very much.
  • #109,430
  • Oct 6, 2020 7:19am Oct 6, 2020 7:19am
[quote=vinicio;13200828]
Quoting Tekkies
{quote} Thank you
Here is a other perfect setup.
Both TDI green are below angle 5.
Stoch on both chart's confirm direction
>>> No trade is placed with H1 TDI setup.
Why?
Reason: Twice EU tried to break out of consolidation. (previous two chart's) Both times support and resistance level broke the momentum. That is enough reason not to bother to try to place anymore order's. Also in a short while London is going to close down for the night.
Walk away and look at EU tomorrow.
If EU does go into a new trend between now and tomorrow London Open, so what. Take the next TDI crossover that match all the points of post#647
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  • #109,431
  • Oct 6, 2020 9:34am Oct 6, 2020 9:34am
[quote=Tekkies;13201001][quote=vinicio;13200828]{quote} Here is a other perfect setup. Both TDI green are below angle 5. Stoch on both chart's confirm direction >>> No trade is placed with H1 TDI setup. Why? Reason: Twice EU tried to break out of consolidation. (previous two chart's) Both times support and resistance level broke the momentum.........


Yes I understand, but the consolidation was already there in the previous chart (H1).
Why did you place the order on M5? And why not now? Too late ?

Thank you
  • #109,432
  • Oct 6, 2020 9:48am Oct 6, 2020 9:48am
[quote=vinicio;13201190][quote=Tekkies;13201001]
Quoting vinicio
{quote} Here is a other perfect setup. Both TDI green are below angle 5. Stoch on both chart's confirm direction >>> No trade is placed with H1 TDI setup. Why? Reason: Twice EU tried to break out of consolidation. (previous two chart's) Both times support and resistance level broke the momentum......... Yes I understand, but the consolidation was already there in the previous chart (H1). Why did you place the order on M5? And why not now? Too late ? Thank you
1. Consolidation on higher TF does not mean consolidation on every lower TF.
2. Consolidation of a higher TF is broken only after lower TFs have price movements that go far enough and last long enough to be drawn on the higher TF.
To free Gazans of Hamas, use whatever it takes.
  • #109,433
  • Oct 6, 2020 11:03am Oct 6, 2020 11:03am
[quote=vinicio;13201190][quote=Tekkies;13201001]
Quoting vinicio
{quote} Here is a other perfect setup. Both TDI green are below angle 5. Stoch on both chart's confirm direction >>> No trade is placed with H1 TDI setup. Why? Reason: Twice EU tried to break out of consolidation. (previous two chart's) Both times support and resistance level broke the momentum......... Yes I understand, but the consolidation was already there in the previous chart (H1). Why did you place the order on M5? And why not now? Too late ? Thank you
"And why not now?" Did the market made any clear change in trend direction.
Remember those two trades was placed shortly after London Open. (6 hours ago)
New York open did not move EU much either. So I made the assumption that EU will not go anywhere in the next 12 hours.
If it does, so what. I will see it tomorrow and kick my butt for making the wrong assumption.
  • #109,434
  • Oct 6, 2020 11:27am Oct 6, 2020 11:27am
[quote=DrDave;13201206][quote=vinicio;13201190]
Quoting Tekkies
{quote} 1. Consolidation on higher TF does not mean consolidation on every lower TF. 2. Consolidation of a higher TF is broken only after lower TFs have price movements that go far enough and last long enough to be drawn on the higher TF.
Thanks Dave, so the price movement always starts at the lowest time frames and it shows in the highest TFs.
But everyone says higher tf are more reliable, with less "noise".
It is therefore necessary to enter the trade in the low Tf when they are still in the same direction as the higher tf.
Look for a meeting point between the lowest and the highest tf where the movement follows the highest tf and enter the trade.
Quite right?
I hope I haven't written too obvious things.
Vinicio
  • #109,435
  • Edited 2:56pm Oct 6, 2020 11:53am | Edited 2:56pm
[quote=vinicio;13201321][quote=DrDave;13201206]
Quoting vinicio
{quote} Thanks Dave, so the price movement always starts at the lowest time frames and it shows in the highest TFs. But everyone says higher tf are more reliable, with less "noise". It is therefore necessary to enter the trade in the low Tf when they are still in the same direction as the higher tf. Look for a meeting point between the lowest and the highest tf where the movement follows the highest tf and enter the trade. Quite right? I hope I haven't written too obvious things. Vinicio
@vinicio -- nice summary, thanks...

I would comment on one thing -- the "noise" issue. It's not that lower time frames are more noisy -- rather, because they include more data points then there are bound to be more swings. There is only one type of raw data -- ticks -- and all time frames share the same data (with one exception).

For example -- consider M5 and H4. There are 48 M5 bars (if my math is correct) per H4 bar. Those 48 M5 bars don't form a horizontal line -- rather, there will be peaks and valleys. I've read that, on average, swings occur every 3-8 bars at all time frames. So -- is M5 more "noisy" and less reliable than H4? I don't think so. It's just that you are zooming in and looking at the data in finer granularity. In the end, all there is is tick data.

When comparing M5 and H4 -- since there are so many M5 bars per H4 bar and since swings occur approximately every 3-8 bars, then when trading H4 there will probably be multiple places you could enter where M5 and H4 align.

Personally -- when discretionary trading -- I rely on H4 and use M30 as "nice to know"...

One other thing -- how you use MTF also depends on how long you usually hold trades. If you hold trades for a day or two, then I think LTF are irrelevant. But if you are scalping then, of course, LTF become more important.

EDIT: Regarding "noise", an analogy just occurred to me. When I view myself in a mirror from a distance (e.g. 100 feet), then I appear very handsome. But when I view myself close-up, then not so handsome. So -- what am I, handsome or not? The answer to the question is that it's the wrong question to ask. My handsomeness (or lack of) is independent of my distance from mirror. The same applies to data and noise. If there are multiple data sources then, yes, the numbers from one data source may be more accurate than numbers from a different data source. But with MT4 there is only one data stream and all time frames receive the same ticks (with one exception). So, the next time someone asks which time frame is less noisy or more reliable, you can roll your eyes and explain to them using my analogy...
  • #109,436
  • Oct 6, 2020 12:08pm Oct 6, 2020 12:08pm
Uncle Trump thanks for making me good money today
  • #109,437
  • Oct 6, 2020 1:22pm Oct 6, 2020 1:22pm
[quote=vinicio;13201190][quote=Tekkies;13201001]
Quoting vinicio
{quote} Here is a other perfect setup. Both TDI green are below angle 5. Stoch on both chart's confirm direction >>> No trade is placed with H1 TDI setup. Why? Reason: Twice EU tried to break out of consolidation. (previous two chart's) Both times support and resistance level broke the momentum......... Yes I understand, but the consolidation was already there in the previous chart (H1). Why did you place the order on M5? And why not now? Too late ? Thank you
He COULD have made a bounce entry on m15--you can clearly see green comes back when the 2nd down bar closed--IF other conditions for an entry were met.
To free Gazans of Hamas, use whatever it takes.
  • #109,438
  • Oct 6, 2020 3:16pm Oct 6, 2020 3:16pm
[quote=vinicio;13200642]
Quoting Tekkies
Not much more can be posted about TDI. Either you follow BigE's advice how to trade with TDI or you don't. - Nice TDI angle above 1 - Stoch confirm direction. Apply post#647 to the rest of the chart and trade how you understand that post. Hi Tekkies, what is the difference between the TDI Vline you use and The Original Traders Dynamic Index (2005) and why do you prefer this? Thanks for the reply Vinicio

@vinicio

Since you have The Original Traders Dynamic Index (2005) the same one Big E and I have, then you will be able to spot the 'discrepancy' in this GBPUSD chart below. I trust the RSI slopes the Previous Slope and Current Slope shown by TMS Monitor by arbinka a lot more than I trust what I see on the chart -

If you can spot the 'discrepancy' then you have mastered the Traders Dynamic Index (2005) used by Big E and your chances of making lots money is far better than many here.

GBPUSD Oct 06 H4
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Oct 06 FOMC hook 4 to 13 spot the error 7-10-2020 6-05-58 am.png Size: 85 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,439
  • Oct 6, 2020 3:20pm Oct 6, 2020 3:20pm
Quoting sali1
Uncle Trump thanks for making me good money today

super trader trading

looking to buy both GU and EU today
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,440
  • Oct 6, 2020 3:37pm Oct 6, 2020 3:37pm
[quote=vinicio;13201321][quote=DrDave;13201206]
Quoting vinicio
{quote} Thanks Dave, so the price movement always starts at the lowest time frames and it shows in the highest TFs. But everyone says higher tf are more reliable, with less "noise". It is therefore necessary to enter the trade in the low Tf when they are still in the same direction as the higher tf. Look for a meeting point between the lowest and the highest tf where the movement follows the highest tf and enter the trade. Quite right? I hope I haven't written too obvious things. Vinicio
one obvious thing is that Big E use of the Synergy Average Price Bar aka the HA candles,

when you make the transition to trade H4 and Daily, you have a larger trade window to open positions in the lower timeframe for example in H1.

with the Daily HA candle in the H1 background, you will know the levels where to buy in a bull trend and sell in a bear thread.... BULL market - buy the dips into the HA body...BEAR market - sell the rallies into the HA body.

see EU H1 with Daily HA candle body.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 with Daily APBHA candle7-10-2020 6-32-30 am.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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