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TDA with IMT

  • #161
  • Mar 17, 2021 7:18am Mar 17, 2021 7:18am
D4 chart
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  • #162
  • Mar 17, 2021 8:19am Mar 17, 2021 8:19am
Quoting 19monza64
D4 chart3891760 H8 chart {image} If anyone is interested in reproducing custom charts on MT4 I attach the indicator (allow the ddl. And it works as an online chart). {file} I use a simple Shaff indicator. For more explanation read here. {image} If anyone is interested I attach the indicator for MT4. It is just a tool but I find it interesting. {file} Thank You Dave for your explanation.
Thank You Dave for your explanation.

Thanks for posting the GBPUSD chart with the indicators displayed over a rather long time interval.
To free Gazans of Hamas, use whatever it takes.
  • #163
  • Edited 12:11pm Mar 17, 2021 11:50am | Edited 12:11pm
Quoting DrDave
{quote} Follow up Knowing that the D4 is the control TF, we continue with our main bias as down. The ending of the H4 down continuation also ended the H8 down move. Today's up swing is a rally that has has thus far progressed through the H8. More aggressive IMT traders may choose to look for buying opportunities on this rally, considering the reasonable ATR, while conservative IMT traders will wait for the rally to end and then look for continuation sell opportunities. {image}
Follow up

While waiting for the confirmation of the end of the H8 rally, smaller TFs can be examined for sell opportunities. About noon GMT, it was clear that M30 had entered a downtrend. Aggressive IMT traders could enter at the open of the bar at left-most gold Vline. As can be seen, this likely would not have achieved the TP of the aggressive trader before a swing low, and floating drawdown ensued.

The conservative IMT trader waited until the rally ended and then made sell entries during the bar with the right-most gold Vline either using smaller TFs or a pending order below the gold Hline, easily reaching the 10 pip TP.
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  • #164
  • Mar 17, 2021 12:14pm Mar 17, 2021 12:14pm
Almost the same trade idea. +33 pips
waiting for tomorrow ...
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  • #165
  • Mar 17, 2021 1:02pm Mar 17, 2021 1:02pm
Quoting 19monza64
Almost the same trade idea. +33 pips waiting for tomorrow ... {image} {image}
Almost the same trade idea
Yes. As I have said many times, there are many indicators that can be tweaked to show essentially the same information.

IMT_MACD vs TDI
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  • #166
  • Mar 17, 2021 1:36pm Mar 17, 2021 1:36pm
Scalp during the news ... sometimes go ok sometimes no. The important thing is to have a good internet connection ...
  • #167
  • Mar 17, 2021 1:37pm Mar 17, 2021 1:37pm
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  • #168
  • Mar 17, 2021 2:54pm Mar 17, 2021 2:54pm
Quoting 19monza64
Scalp during the news ... sometimes go ok sometimes no. The important thing is to have a good internet connection ...
From what I have observed, before a news event, if you can discern a direction on the H4 and or H8 with high probability of continuation in that direction if there were no news, then the odds are favorable for price moving in that direction. Of course, there can be what appears to be a fakeout, comprising a big spike in the other direction, followed by immediate recovery and then continuation in the expected direction.

In this case before the news, the H8 was already confirmed as beginning an uptrend with lower TFs cycling down and back up. H2 had enough cycles in its swing down to be able to end and begin a rally. So when the new reaction hit, this rally became an impulse that cut short these lower TF downtrends, preventing the H4/H8 from ending the up swing.

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  • #169
  • Mar 18, 2021 4:21am Mar 18, 2021 4:21am
In this days GU is ranging between 1.38/1.40
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Although in H2 it would seem to lose strength.
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  • #170
  • Mar 18, 2021 5:09am Mar 18, 2021 5:09am
Quoting 19monza64
In this days GU is ranging between 1.38/1.40 {image} Although in H2 it would seem to lose strength. {image}
in H2 it would seem to lose strength.

That is expected, because the H4 is overdue to drop. And change comes from the bottom up ...
To free Gazans of Hamas, use whatever it takes.
  • #171
  • Mar 18, 2021 12:23pm Mar 18, 2021 12:23pm
Quoting DrDave
{quote} in H2 it would seem to lose strength. That is expected, because the H4 is overdue to drop. And change comes from the bottom up ...
the H4 is overdue to drop.

Is that the drop expected from 7 hours ago?
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  • #172
  • Mar 18, 2021 2:05pm Mar 18, 2021 2:05pm
I don't know ...
Boring day. Made trade only in the afternoon, in low time frame m9 with trigger in m3 and with evident divergences.
No sense but 4 trades and 31 pips cashed.

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  • #173
  • Mar 20, 2021 7:55am Mar 20, 2021 7:55am
Hy Dave.
I attach my personal analisys on GU.
I don't know if you agree.
H4 no much informations. Range market. No structur was broken. Consolidation and waiting for drop. Why ? ... D1 give the answer
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D1 Tdi broken key level waiting the price go south 1.32/1.33. time will tell.
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  • #174
  • Edited 12:47pm Mar 20, 2021 12:31pm | Edited 12:47pm
The power of Intrinsic Market Timing

With a Top Down Analysis with IMT, we can produce EXPECTED behavior to use to aid trading decisions during the week.

Some people have a belief in a Weekly Control Candle, or Weekly pivot levels, of Fibonacci retracements, or, or, or ... All you need is
a LAGGING indicator and TDA with IMT to find trading success.

From before the market open last week,
Quoting DrDave
GBPUSD For Week11 of 2021 As the week progresses, the down moves should end and will look for smaller TFs to go into uptrends to begin H8 continuation up.


It is clear on the D1 TF that the EXPECTED down moves at the start of the week would end--which they did on Tuesday--leading to the H8 up continuation, which ended on Thursday.
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  • #175
  • Mar 21, 2021 11:48am Mar 21, 2021 11:48am
Quoting DrDave
The power of Intrinsic Market Timing With a Top Down Analysis with IMT, we can produce EXPECTED behavior to use to aid trading decisions during the week. Some people have a belief in a Weekly Control Candle, or Weekly pivot levels, of Fibonacci retracements, or, or, or ... All you need is a LAGGING indicator and TDA with IMT to find trading success. From before the market open last week, {quote} It is clear on the D1 TF that the EXPECTED down moves at the start of the week would end--which they did on Tuesday--leading to the H8 up continuation,...
Some people, especially those that limit their perspective, judged GBPUSD to be in a range during the week, providing them with challenges to profitable trades. TDA with IMT enabled simply looking for the EXPECTED H8 up continuation that was confirmed on Wednesday and then look for buying opportunities, and then when the H8 down swing was confirmed on Thursday, look for selling opportunities: There were plenty of each.
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  • #176
  • Edited 4:19pm Mar 21, 2021 3:54pm | Edited 4:19pm
GBPUSD
For WEEK12 of 2021

The bigger picture
No change from the bigger picture from post #125, so simply repeated it below.

Because we are in a rather long-term down move via the Year2+ turning down with rallies still due on MN8 and higher TFs, there is an expectation for the current up swing seen on MN1 to end soon (likely within 1-3 months) followed by a pullback of 5-8 months that is likely to reach around 1.26, but with the behavior of recent swings, could reach to about 1.2. Then a subsequent up swing to the 1.35 to 1.45 area.

We are still surfing the MN4 rally that is taking price back up to where it was 3 years ago.

For day trading
Direction bias: down
Control: W1
Action: M15 through D2, but especially H2-H8.

The H8 down swing is likely completed, although this is not yet confirmed. Therefore, at the start of the week, will be checking M15-H1 to see if uptrends begin or if price falls further. There is still a bit of room to continue down without breaking the potential M15 uptrend that is underway.

The up moves will be treated as rallies with the subsequent down continuations examined for selling opportunities. As the rallies progress to higher TFs, consideration will be given to making counter-trend buys if the volatility is great enough.
To free Gazans of Hamas, use whatever it takes.
  • #177
  • Mar 22, 2021 5:16am Mar 22, 2021 5:16am
Quoting DrDave
GBPUSD For WEEK12 of 2021 at the start of the week, will be checking M15-H1 to see if uptrends begin or if price falls further. There is still a bit of room to continue down without breaking the potential M15 uptrend that is underway. The up moves will be treated as rallies with the subsequent down continuations examined for selling opportunities.
As the market opened, price continued down far enough to break the potential H1 uptrend and resetting the rallies.

Today, price bottomed and the up swing has now confirmed H2 rally.
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  • #178
  • Mar 22, 2021 10:39am Mar 22, 2021 10:39am
A new IMT trader asked why this sell was valid on the M15. Because "time is up". That is, cycles have completed the uptrend, and it is "time" for a reversal.

Although the reversal APPEARED to get underway, and we were able to tune the entry to the continuation on M5, the subsequent upswing proved that this down swing was not the start of the reversal, but just another pullback with an EXTENSION to the up trend.

We have EXPECTATIONS based on "normal" behavior but FOLLOW the path on the appropriate TF to look for trade opportunities. Being wrong about the swing down being the start of the reversal caused no harm; we simply followed the down swing to an appropriate continuation entry.

Note that the reversal came on the next down swing and a probable rally currently underway.
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  • #179
  • Mar 22, 2021 11:16am Mar 22, 2021 11:16am
GBPUSD current focus TF is H4 that is in a rally. Lower TFs have sufficient volatility to look for counter-trend BUY opportunities.
When the rally completes, trend continuation sells will be in order.
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  • #180
  • Mar 23, 2021 3:34am Mar 23, 2021 3:34am
Quoting DrDave
GBPUSD current focus TF is H4 that is in a rally. Lower TFs have sufficient volatility to look for counter-trend BUY opportunities. When the rally completes, trend continuation sells will be in order. {image}
When the rally completes, trend continuation sells will be in order.

Although H8 made an ATTEMPT to join the rally, it was extremely weak and easily collapsed as H4 turned back down.

With IMT, it's really a no-brainer to determine when the retracement has likely ended.

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