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Trading Made Simple

  • #114,081
  • Dec 30, 2020 9:02am Dec 30, 2020 9:02am
Quoting Tekkies
{quote} Peter, you no different then any of the so called 'gang-clique'. "The ONLY interest I have is to help others learn to trade properly. I am a career trader in retirement years." That phase with similar words are scattered through out this thread and all that the member did was to blow his own horn. BigE has done already the required "help" with the little bit of advice he posted in this thread. It is up to the reader/trader how to follow that advice. By all means post your "Death of Market" (pun intended) and contribute to the chaos that...


People on here seem to literally have an adversity to the truth. As obvious and simple as it is, there it is.

You have missed the point of trading. If you think it's all about the money, or socializing (as you might call it) then you are stuck. Sorry.

Peter
Real Trading is not gambling.
  • #114,082
  • Dec 30, 2020 9:27am Dec 30, 2020 9:27am
Quoting PeterCaleb
{quote} People on here seem to literally have an adversity to the truth. As obvious and simple as it is, there it is. You have missed the point of trading. If you think it's all about the money, or socializing (as you might call it) then you are stuck. Sorry. Peter
That is your option.
"The truth is in the eye of the beholder."

Got no beef with you Peter and the simple truth is you are human like the rest of us all. Wart's and all.

Trade save, cheers.
  • #114,083
  • Dec 30, 2020 9:42am Dec 30, 2020 9:42am
Quoting Jraganforex
{quote} M30 Overbought level, tdi cross down I set target 30 pips, or manual close until the signal line touch the lower line of volatility {image} {image}
Nice one.

Were you looking at any other TFs to help you decide to look for selling set ups?
To free Gazans of Hamas, use whatever it takes.
  • #114,084
  • Edited 10:01am Dec 30, 2020 9:44am | Edited 10:01am
Quoting Jraganforex
I'm waiting for GC h1 tdi cross down, overbought level, this pair may be can give me 50pips short {image}
That GBPAUD H1 TF is clearly going up. So why are you trying to sell?? That is, other than your comment about "overbought", which is an extremely poor reason.

I can find a reason to look to sell, but not on the H1. That is for "trailblazers". I am conservative so look for a clear trail already laid down to follow.
To free Gazans of Hamas, use whatever it takes.
  • #114,085
  • Edited 10:11am Dec 30, 2020 10:00am | Edited 10:11am
Quoting PeterCaleb
Actually all I did was "kick the tree and see what falls out". All I did was send in the dog to stir the pigs (boar) out of the brush. So you see, I now know that you're all just "social traders" and speculators. A true real life trader does not count on blind luck or hope for good setups to profit from his/her efforts. They certainly do understand that any trading system MUST be allowed to evolve and be personally tailored. And they know how to control themselves. So all your posturing has helped to show anyone who comes along that you are...
@PeterCaleb -- you didn't kick anything. The acorns have been falling for years. As for sending in the dog to stir the pigs -- just a few posts ago you claimed "My only wish here is to help people help themselves." But now you say your purpose was to stir things up? Dude -- you are here looking for some attention because retirement is boring.

@PeterCaleb -- can you explain why you post the exact same comments in multiple threads? At the same time you posted the above comment you posted the same one in the "Price action at the core = family members' discussion project" thread (https://www.forexfactory.com/thread/...3#post13336403). I guess you figured what you have to say is so important that the more threads you post in then the more people can appreciate your wonderfulness. There are several thousand threads here at FF, so if you plan on duplicating your comments in all of them you best get hopping -- day light is burning...

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@PeterCaleb -- yes, I was right. A true pompous ass if there ever was one.

@PeterCaleb -- any takers for your "WhatsApp" ad? If you were such a successful trader then why are you searching for paying students? I've heard it said that those who can trade, "trade". And those who can't trade, "teach for pay". Any truth to that?
  • #114,086
  • Edited 12:37pm Dec 30, 2020 11:52am | Edited 12:37pm
Quoting robots4me
{quote} @PeterCaleb -- you didn't kick anything. The acorns have been falling for years. As for sending in the dog to stir the pigs -- just a few posts ago you claimed "My only wish here is to help people help themselves." But now you say your purpose was to stir things up? Dude -- you are here looking for some attention because retirement is boring. @PeterCaleb -- can you explain why you post the exact same comments in multiple threads? At the same time you posted the above comment you posted the same one in the "Price action at the core = family...
It's all just fluff, no charts no meaning.
Don't waste time with the attention seekers.
  • #114,087
  • Edited 12:35pm Dec 30, 2020 12:05pm | Edited 12:35pm
Quoting DrDave
{quote} That GBPAUD H1 TF is clearly going up. So why are you trying to sell?? That is, other than your comment about "overbought", which is an extremely poor reason. I can find a reason to look to sell, but not on the H1. That is for "trailblazers". I am conservative so look for a clear trail already laid down to follow.
Really bad Idea to come up with a sell based on only the H1TF or 30M TF, I kinda agree.
But if he has information from the lower TF's, spot something and go for a scalp or hold perhaps,yeah..
It literally makes no sense to me trade through only one TF,even when scalping the 1 minute you check the 15-30 for s&r etc... or at least, scroll back and see what happened.
We cannot blind ourselves to previous psychological levels.
  • #114,088
  • Dec 30, 2020 12:19pm Dec 30, 2020 12:19pm
Quoting PeterCaleb
{quote} People on here seem to literally have an adversity to the truth. As obvious and simple as it is, there it is. You have missed the point of trading. If you think it's all about the money, or socializing (as you might call it) then you are stuck. Sorry. Peter
Dear Peter,

thank you so much for sharing your professional view of trading with this communitiy. Please provide us with more insights as you did with RSI(2). Seems very promising (-;

Kind regards
Haendlerin
Never give up!!
  • #114,089
  • Dec 30, 2020 12:51pm Dec 30, 2020 12:51pm
Quoting PixelSniper
{quote} Really bad Idea to come up with a sell based on only the H1TF or 30M TF, I kinda agree. But if he has information from the lower TF's, spot something and go for a scalp or hold perhaps,yeah.. It literally makes no sense to me trade through only one TF,even when scalping the 1 minute you check the 15-30 for s&r etc... or at least, scroll back and see what happened. We cannot blind ourselves to previous psychological levels.
Making sense is rare in this thread. Look at post after post saying to look at the H4 to decide direction. That is similar to the stopped clock: you'll be right some really low percentage of the time.

I've said many times to look at all of the TFs, and that change comes from the bottom up, not from the top down. But folks either don't get it, or have already closed their minds to anything outside of their dogma.
To free Gazans of Hamas, use whatever it takes.
  • #114,090
  • Dec 30, 2020 2:46pm Dec 30, 2020 2:46pm
Quoting DrDave
{quote} Making sense is rare in this thread. Look at post after post saying to look at the H4 to decide direction. That is similar to the stopped clock: you'll be right some really low percentage of the time. I've said many times to look at all of the TFs, and that change comes from the bottom up, not from the top down. But folks either don't get it, or have already closed their minds to anything outside of their dogma.
@DrDick -- I have a question. You state:

"I've said many times to look at all of the TFs, and that change comes from the bottom up, not from the top down. But folks either don't get it, or have already closed their minds to anything outside of their dogma."

Why is it that when you state your dogma, it's not a dogma? According to you, anyone that doesn't buy into your dogma has a closed mind and is incapable of contemplating concepts outside their dogma. It doesn't even occur to you that your concepts are yet another dogma, does it?

@DrDick -- you're just another closed mind -- another pompous ass -- that hasn't yet come to grips that you really don't know everything. Anything that falls outside of your ability to contemplate it is invalidated by referring to it as a "dogma". To be clear, I'm not calling you a fucking hypocrite -- just wondering whether you are one. Are you?
  • #114,091
  • Dec 30, 2020 3:00pm Dec 30, 2020 3:00pm
There are 6 types of trading days. How many of you know what are those?
MA provides the market's current direction and strength.
  • #114,092
  • Dec 30, 2020 3:14pm Dec 30, 2020 3:14pm
Quoting hasib
There are 6 types of trading days. How many of you know what are those?
You have stated that as though it is a universal fact. Don't you mean "according to person X, there are 6 types of trading days"?

Why not just 2 kinds: successful and unsuccessful?

Or another 2 kinds: the ones that I made at least 1 entry or exit and the ones that I did not
?

Or 2 more kinds: the ones that I have lost money on and the ones that I WILL lose money on.

Should I continue?
To free Gazans of Hamas, use whatever it takes.
  • #114,093
  • Dec 30, 2020 4:52pm Dec 30, 2020 4:52pm
Quoting DrDave
{quote} You have stated that as though it is a universal fact. Don't you mean "according to person X, there are 6 types of trading days"? Why not just 2 kinds: successful and unsuccessful? Or another 2 kinds: the ones that I made at least 1 entry or exit and the ones that I did not ? Or 2 more kinds: the ones that I have lost money on and the ones that I WILL lose money on. Should I continue?
I can understand your depth of knowledge. Let's see what other people say.
MA provides the market's current direction and strength.
  • #114,094
  • Dec 30, 2020 6:45pm Dec 30, 2020 6:45pm
Quoting Noors
{quote} Hey emm! You trade just the first 2 hours of the opening of a new H4 candle? if there was a buy/sell opportunity at 135mins would you pass?
Hi Noors

I look at the overall price action of the M15, H1 and the H4 bars/candles.
When the H4 setup and 'trade signal' remains valid , I will also consider an entry at the 3rd hour of the 4hr period. Also do not miss the M30 completion in the hourly bar/candle. Just need to make sure of the stop loss and there is room to allow for the price action.

Example of my trade yesterday. Two consecutive M15 momentum candles, and that was a M30 completion entry. Trades were managed using THV CaveManager running on M15. TP +5pips, +10pips and stopped out by the pull back.


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,095
  • Dec 30, 2020 6:50pm Dec 30, 2020 6:50pm
Quoting emmanuel7788
Dec 30 Asian session 'rush hour 2' - breaks high and pulled back and - bounce off its 5EMA - on radar is BRN 1.2300 {image}

BINGO! 1.2300

- room for few more pips to end today' trading/

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,096
  • Dec 30, 2020 6:52pm Dec 30, 2020 6:52pm
Quoting emmanuel7788
Dec 30 Asian session 'rush hour' AU Dec 30 - price action test of 5EMA and takes off! {image}
AU Dec 31

- another typical trading day with SQN>100


Attached Image (click to enlarge)
Click to Enlarge Name: AU Dec 31 H4 V19 31-12-2020 8-51-11 am.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,097
  • Dec 30, 2020 6:55pm Dec 30, 2020 6:55pm
Quoting emmanuel7788
GBPUSD Dec 30 at Frankfurt Open 8:00am now - clearly it is BUY! - threat! 1.3550 reaction {image}
Attached Image (click to enlarge)
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GU Dec 31

- another SQN >100 trading day

- but it is last trading day of the year, say goodbye 2020!

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,098
  • Dec 30, 2020 6:59pm Dec 30, 2020 6:59pm
EURGBP Dec 31 H4

- not chasing this any further
- wait for the new year and the next swing

Attached Image (click to enlarge)
Click to Enlarge Name: EG Dec 31 H4 31-12-2020 8-57-55 am.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,099
  • Dec 30, 2020 7:01pm Dec 30, 2020 7:01pm
Quoting Tekkies
{quote} Peter, you no different then any of the so called 'gang-clique'. "The ONLY interest I have is to help others learn to trade properly. I am a career trader in retirement years." That phase with similar words are scattered through out this thread and all that the member did was to blow his own horn. BigE has done already the required "help" with the little bit of advice he posted in this thread. It is up to the reader/trader how to follow that advice. By all means post your "Death of Market" (pun intended) and contribute to the chaos that...

Quoting PeterCaleb
{quote} People on here seem to literally have an adversity to the truth. As obvious and simple as it is, there it is. You have missed the point of trading. If you think it's all about the money, or socializing (as you might call it) then you are stuck. Sorry. Peter

People on here seem to literally have an adversity to the truth. As obvious and simple as it is, there it is.

Tekkies,

Hi. My name is Peter. I have observed some things about you and if I may, I would like to share something with you that most people here seemed to have missed. I can see you have been trying. I can also see how long this "Tekkies" username has been active here. If you would like to blow most of these people away and see your TDI trading soar beyond your previous high points of achievement.... please consider the following .....

First, it takes great courage and resolve to keep coming back to this thread as you have, despite the rantings of poorly educated people. It's clear they treat trading as more of an emotional game than a real quest. So in my eyes you get points for that.

Second, your TDI (that is, "THE" TDI) was designed to be correlated with depth perception of the market in mind. And in some ways it is not that much different to your traditional RSI. Using it as a market array of the market chart is a waste. I'm not sure from what I've read from the OP, if he actually understood this. Most people here are relying on (and trusting) the "idea" that they know what they're doing with TDI. (Sorry people but it's obvious). If you look around for a while, it becomes blatantly clear they do not. Otherwise they would have picked up on even the obvious things and would spend less time squabbling and more time genuinely helping each other.

Thirdly, I have noticed on sites like these that gang cliques tend to form. Another clue of what they are really like. The longer people are on this site the worse they get.

Next, you hold to your trade plan and keep a record of all observations and trades made (if you haven't already). You stay strong with the resolve that you have YOUR reasons for doing what you do.

Consolidate your thinking FROM what you do and see. This way what you KNOW is internalized faster and your charts become cleaner as clarity is VERY important to a real life trader.

I understand that trying to trade a system, especially when its born out of someone else's making, can be difficult. it seems you're intent on impressing people. It's a poor use of your energy. And in the end, if you REALLY want to learn how to trade properly, then you WILL. PERIOD.

I tend to HOOT for the underdog as I know that strength is not in numbers but in conviction.

I am saying all of this publicly because for me, it's easy to see where most people are up to.

When put to the test, I consider that most of them would come out of the wash as average traders. And nothing more.

Trading Made Simple. The ability to think properly is paramount. This has nothing to do with the chart. So actually, trading NOT made simple. So shame on all of you. You're not better than Tekkies. I can see that because you advertise it all openly.

Tekkies, I hope you take this as a suggestion and not a "know-it-all" telling you what to do. If you can get past that way of seeing it, then you will get your chance to shine and enjoy your trading more than you thought possible.

I hope that helps.

Peter

Reality of trading is strangely simple when you just stop & think about it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,100
  • Dec 30, 2020 7:07pm Dec 30, 2020 7:07pm
Quoting eelfranz
Klops... (503) I'm not looking for 15 pips profit... more like 150 ! The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... Your taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides It always grows larger... I REMEMBER THE DAYS WRINGING OUT MY HANDS FOR MY $500 ACCOUNT... THE SKIES FALLING ! Help, help, help. If I enter a trade lets say and I'm monitoring the trade...
Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies... { here }

#557 ... being retired and having fun!

Klops... (503)

I'm not looking for 15 pips profit... more like 150 !

The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... Your taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides It always grows larger...

I REMEMBER THE DAYS WRINGING OUT MY HANDS FOR MY $500 ACCOUNT... THE SKIES FALLING ! Help, help, help.

If I enter a trade lets say and I'm monitoring the trade and its up 50 pips but suddenly it pulls back 10-15 pips I just exit. I'll keep the profit at $10 a pip... no big deal. If it turns and continues (bounce) I'll just jump back in... Don't get so rigid...

Evidently I missed something while looking at the set up and it's cut me short.... there are always set ups on different timeframes... different pairs. I'll study the trade I jumped out of for the answer so I don't make the same mistake again hopefully..

If your worried about the money in your account how are you going to pull the trigger with confidence? They tell you from the get go the money in your account shouldn't be money you need... otherwise don't trade...

Learning the fx market is like going to school. It costs to go to school and your pip money for trades is what you use to learn. When you have a reliable method and confidence... the market starts to pay you for your education expenses... profit.

The only reason I deposited that amount is because I trade full lots and some trades have 2-4 lots on a trade... or I'll add additional lots as the trade is in progress.. no big deal...

I'm in this because it's fun, keeps my mind active and I'm good at it. Pretty cut and dried...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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