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The Big Dog Trading Secret

  • #21
  • Mar 13, 2008 4:56pm Mar 13, 2008 4:56pm
Hi tcmm,
it's my view that what you have here is the best method on these pages for short term gains. A little work needs doing here and there as you haven't explained fully how you use the method. Please elaborate....
I find myself increasingly drawn to your thread/method and am working on a personalised version (through lack of info). Post charts please if poss.
Much appreciated
Dave
  • #22
  • Mar 13, 2008 5:34pm Mar 13, 2008 5:34pm
I used to hate arrogant bastards that said things like this, but, here goes.....

Why would you need an MA to tell you the trend? I doubt that the big dogs do, but I could be wrong, I don't know any big dogs.
  • #23
  • Mar 13, 2008 5:58pm Mar 13, 2008 5:58pm
Bluerudy I Have Friends That Are The Big Dogs, Which Are Your
Big Bank Traders They Use 200ma As A True Trend. Try The Rules You
Will See, But Be Patient And Wait Till They Line Up. If They Don't
Line Up, You Will Notice Wipesaws, That You Would Of Gotten In At The Wrong Time.
My Email For Help: [email protected]
  • #24
  • Mar 13, 2008 6:01pm Mar 13, 2008 6:01pm
Quoting blueruby
I used to hate arrogant bastards that said things like this, but, here goes.....

Why would you need an MA to tell you the trend? I doubt that the big dogs do, but I could be wrong, I don't know any big dogs.
I don't want to diss on anyone's methods, but I have to agree with you Blue...
And I'm sorry tcmm, but if you think the 200ma is a "secret", well, the "big dogs" have got you right where they want you.

I had a big dog once. I love dogs...
Carpe Divitiae
  • #25
  • Mar 13, 2008 6:14pm Mar 13, 2008 6:14pm
Ok Guys Lets Get It Straight. First The 200ma Is Just Part Of The Rules, If You Read It All. Also Big Dogs Is Used As A Term From
The Cot's Charts. Thats Where They Go Long Or Short And It Gives
You A View Where They Position Them Selves.its Just A Term Thats
Used.
My Email For Help: [email protected]
  • #26
  • Mar 13, 2008 6:19pm Mar 13, 2008 6:19pm
Guys Post #6 Explains In Point Form The Rules
My Email For Help: [email protected]
  • #27
  • Mar 13, 2008 6:26pm Mar 13, 2008 6:26pm
Is just a price moved by news between support and resistance levels .
Personally I don't think one needs MA to see the trend .
I think anybody can see if the trend is up or down just by looking at the
price .
The price has a wonderful capability : It can predict MA movement ;-)
  • #28
  • Mar 13, 2008 6:33pm Mar 13, 2008 6:33pm
i've heard many accounts of big bank traders, hedge fund guys, etc using the 200sma as a trend indicator. dont knock MA's. no you dont NEED a moving average, but when you're staring at 6 or more currencies its a nice quick way to glance at the chart and know whats going on.

and i trade very similary to this. i use the 50sma, for more short term trading. and just stochastics, but i use them pretty much as described earlier in the thread. take buy signals in an uptrend, sell signals in a down trend. use support and resistance(previous highs and lows) for stoploss and profit target levels. i'm hitting about 65-75%. it works. and its SIMPLE.
- nick andre -
  • #29
  • Mar 13, 2008 6:38pm Mar 13, 2008 6:38pm
Quoting tcmm
Ok Guys Lets Get It Straight. First The 200ma Is Just Part Of The Rules, If You Read It All. Also Big Dogs Is Used As A Term From
The Cot's Charts. Thats Where They Go Long Or Short And It Gives
You A View Where They Position Them Selves.its Just A Term Thats
Used.
I did read all the rules, I wouldn't have commented otherwise.
I usually try to engage my brain before I engage my mouth.
I did say I am not trying to diss a method, but...
Quote
Try The Rules You
Will See, But Be Patient And Wait Till They Line Up. If They Don't
Line Up, You Will Notice Wipesaws, That You Would Of Gotten In At The Wrong Time.
This could be said for any of the other 1000's of indicators out there, and the use of them in whatever combination, too..
Which way would you say the trend was in the attached chart?
Up? Really? NO MA needed?!

The way this has been "presented", is a bit misleading, that's all. That's what invited my comments. I suppose you could say, You did it to yourself.
Quote
Just A Term Thats
Used.
I am familiar with the term, thank you. I think it is probably the furthest thing from the truth that has ever been bestowed upon any "trader". Especially "Big Bad Bank Traders" who lose more money in the markets than anybody... They're only "big" cause of their companies bank-roll. And they also like to lick their own b*lls, and sniff each other's butts.
Quote
I Have Friends That Are The Big Dogs, Which Are Your
Big Bank Traders They Use 200ma As A True Trend
I rest my case about them having you exactly where they want you.

I also know a few. But I would never go so far as to call any of them my friends. They trade against me after all...

I'll shut up now. Just wanted to make a few more comments.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 5 KB
Carpe Divitiae
  • #30
  • Mar 13, 2008 6:38pm Mar 13, 2008 6:38pm
For Long Term The 200ma Gives You A Trend So If The 200ma Stays In
That Direction On The Daily Charts, And Its The Same On The 1hr And 15 Min And Macd Crosses On Both And 5ma & 8ma Cross
Then Its Good To Go. Try This Now Put A 200ma On A Daily Chart
And You Will See The Trend For A While So You Know The Trend
My Email For Help: [email protected]
  • #31
  • Mar 13, 2008 6:39pm Mar 13, 2008 6:39pm
Quoting lac_raz
The price has a wonderful capability : It can predict MA movement ;-)
Amen!!
Carpe Divitiae
  • #32
  • Mar 13, 2008 8:02pm Mar 13, 2008 8:02pm
this is a chart with the rules
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 41 KB
My Email For Help: [email protected]
  • #33
  • Mar 13, 2008 9:06pm Mar 13, 2008 9:06pm
Ok there are two charts
Set the 1hr chart beside the 15min
In both the charts you have:1)200ma
2)pivot points
3)5ma close
4)8ma open
5)macd set at 12-20-9
6)stoch set at 8-3-3

Open a daily chart and put a 200ma
The 200ma on the daily chart will show you if its a uptrend or downtrend
Lets say its a downtrend like in these charts.
On the 1hr and 15min. the 200ma is down
5ma & 8ma are crossed down
The macd's are crossed down
Stoch.(don't worry about it being crossed. Stoch is just
to show oversold and overbought only)
The MACD is the important one that they have to be both crossed.
They all have be lined up to be a trade
In these charts they were not lined up its just to show how they are shown
This method you will have to be Patient let it come to you.
"Buy the dips in a uptrend"
"Sell the rallies in a trend Happy Trading
Attached Image (click to enlarge)
Click to Enlarge Name: chart 2.gif Size: 51 KB
My Email For Help: [email protected]
  • #34
  • Mar 13, 2008 9:16pm Mar 13, 2008 9:16pm
Sorry guys in post# 33 above the last sentence should read
"Sell the Rallies in a downtrend

thanks
My Email For Help: [email protected]
  • #35
  • Mar 13, 2008 9:32pm Mar 13, 2008 9:32pm
In post 1 you mention 200 EMA. In other posts it seems it might be 200 SMA. Which one "the big dogs" really use?
  • #36
  • Mar 13, 2008 9:36pm Mar 13, 2008 9:36pm
Its 200EMA Thanks
My Email For Help: [email protected]
  • #37
  • Mar 14, 2008 3:26am Mar 14, 2008 3:26am
Thanks for further elaborating and those examples tcmm. Simple systems like this are great indeed.
  • #38
  • Mar 14, 2008 6:55am Mar 14, 2008 6:55am
Quoting tcmm
Bluerudy I Have Friends That Are The Big Dogs, Which Are Your
Big Bank Traders They Use 200ma As A True Trend. Try The Rules You
Will See, But Be Patient And Wait Till They Line Up. If They Don't
Line Up, You Will Notice Wipesaws, That You Would Of Gotten In At The Wrong Time.
O K Cool But I Can't Trade Like Them Because I Don't Have As Much Money As They Do.
  • #39
  • Mar 14, 2008 7:45am Mar 14, 2008 7:45am
Quoting tcmm
Ok there are two charts
Set the 1hr chart beside the 15min
In both the charts you have:1)200ma
2)pivot points
3)5ma close
4)8ma open
5)macd set at 12-20-9
6)stoch set at 8-3-3

Open a daily chart and put a 200ma
The 200ma on the daily chart will show you if its a uptrend or downtrend
Lets say its a downtrend like in these charts.
On the 1hr and 15min. the 200ma is down
5ma & 8ma are crossed down
The macd's are crossed down
Stoch.(don't worry about it being crossed. Stoch is just
to show oversold and overbought only)
The MACD is the important one that they have to be both crossed.
They all have be lined up to be a trade
In these charts they were not lined up its just to show how they are shown
This method you will have to be Patient let it come to you.
"Buy the dips in a uptrend"
"Sell the rallies in a trend Happy Trading
Hi In the charts used to illustrate this method, wouldnt you consider that the 15min charts' stoch is showing oversold? doesnt that conflict with the 1hr chart stoch which still suggests downside potential?
  • #40
  • Mar 14, 2008 7:49am Mar 14, 2008 7:49am
BlueRuby You can trade mirco lots or just small pip gains you don't need a big account thanks TCMM
My Email For Help: [email protected]
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