Attachments: DeMark TDF Trading

DeMark TDF Trading

#161
Jan 25, 2010 8:23am Jan 25, 2010 8:23am

FXSnipe
| Joined Apr 2006 | Status: Spot FX Trader | 126 Posts

Foggytrader,

Thanks ofr the detailed analyses on the pairs, I am eyeing the EUR/GBP and Euro for the levels you suggested over the next couple of days

Regards
fxsnipe

#162
Jan 25, 2010 8:31am Jan 25, 2010 8:31am

foggyTrader
| Joined Jan 2006 | Status: Always look at both scenarios | 640 Posts

Attached Image

GBPJPY

It looks like the chance of a 5 minute TDF sell setup has passed for the time being. However, we may still have another chance. Notice how the price has bounced off my prefered selling level all morning now, it appears this is certainly the make or break level for the market going forward into the afternoon session.

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Name: GBPJPY-5-min.jpg
Size: 199 KB

Cheers
Foggytrader

#163
Jan 25, 2010 8:34am Jan 25, 2010 8:34am

ratebs1968
| Joined Aug 2006 | Status: Trader | 11 Posts

foggyTrader, please first allow me to extend my sincere thanks for the great thread and wonderful method you have. I like and appreciate your organizational skills in presenting this method and the way you update them, it make it easy for someone like me to follow it up and learn from it.

As a newbie who is trying to learn this method I am trying my best to have my charts look as close as possible to yours, I am also using MIG Bank demo account charts but I would appreciate if you have a spare time to provide me the BAT/Breakout indicator settings from your previous experiance with them for various time frames and currencies if you have them. To make it easy on you I am attaching an excel file that list the currencies and time frames of intrest to me and ask if you have the time to fill it for me as much as you can. Again thank you again for your wonderful help.

Attached File(s)

BAT Settings.xls 23 KB | 339 downloads

#164
Jan 25, 2010 8:53am Jan 25, 2010 8:53am

foggyTrader
| Joined Jan 2006 | Status: Always look at both scenarios | 640 Posts

Quoting ratebs1968

Disliked

foggyTrader, please first allow me to extend my sincere thanks for the great thread and wonderful method you have. I like and appreciate your organizational skills in presenting this method and the way you update them, it make it easy for someone like me to follow it up and learn from it.

[size=4][color=blue]As a newbie who is trying to learn this method I am trying my best to have my charts look as close as possible to yours, I am also using MIG Bank demo account charts but I would appreciate if you have a spare...

Ignored

No problem and welcome to my thread, glad to hear you are enjoying my analysis, I hope I have now found the correct way to utilise my (TDF) entry method in combining it with BAT and Thrust analysis.

I will fill out the excel sheet for you during the afternoon and post it back. In the meantime, I don't know if you already read it but you can look back to the early part of this thread to see how I trade the BAT as I view it as a very effective method of long-term analysis. If you go to page 15 of the thread you will see a short explaination of my BAT Thrust method.

Cheers
Foggytrader

#165
Jan 25, 2010 9:12am Jan 25, 2010 9:12am

foggyTrader
| Joined Jan 2006 | Status: Always look at both scenarios | 640 Posts

Attached Image

EURGBP

Interesting developments here as we have made a TD buy setup on the 15 minute chart and we await a bullish thrust bar to complete the TDF buy setup while we have just completed a 5 minute TD buy setup and also await a bullish thrust bar to complete the TDF buy setup on that timeframe. All of this is taking place right at my prefered buying level so should we get a thrust bar I will take a small long position.

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Name: EURGBP-5min.jpg
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Name: EURGBP-15mins.jpg
Size: 155 KB

Cheers
Foggytrader

#166
Jan 25, 2010 9:36am Jan 25, 2010 9:36am

foggyTrader
| Joined Jan 2006 | Status: Always look at both scenarios | 640 Posts

Attached Image

EURGBP

We have completed the TDF buy setup right at my prefered buying level so I have taken a long entry at 0.8747 with a stoploss of 0.8732. As we do have a downtrend in place on the daily chart I will monitor this trade and keep a tight stop and a close target.

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Name: EURGBP-5mins.jpg
Size: 198 KB

Cheers
Foggytrader

#167
Jan 25, 2010 10:10am Jan 25, 2010 10:10am

ratebs1968
| Joined Aug 2006 | Status: Trader | 11 Posts

Quoting foggyTrader

Disliked

No problem and welcome to my thread, glad to hear you are enjoying my analysis, I hope I have now found the correct way to utilise my (TDF) entry method in combining it with BAT and Thrust analysis.

I will fill out the excel sheet for you during the afternoon and post it back. In the meantime, I don't know if you already read it but you can look back to the early part of this thread to see how I trade the BAT as I view it as a very effective method of long-term analysis. If you go to page 15 of the thread you will see a short explaination of my...

Ignored

Thank you Foggytrader, I have read every post in this thread and I love the way you use the BAT and the thrust method combination with demark, I will look forward to your input in the excel sheet for the BAT settings.

#168
Jan 25, 2010 10:29am Jan 25, 2010 10:29am

foggyTrader
| Joined Jan 2006 | Status: Always look at both scenarios | 640 Posts

Attached Image

EURGBP

It appears the dowtrend is strong here and the last bearish thrust levels high is not being defended by the bulls and I am glad I went in light with this one. I will stand aside for now, however, should my prefered buying level be removed to a close tonight It will then become my prefered selling level for tomorrow.

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Name: EURGBP-5mins.jpg
Size: 196 KB

Cheers
Foggytrader

#169
Jan 25, 2010 10:37am Jan 25, 2010 10:37am

foggyTrader
| Joined Jan 2006 | Status: Always look at both scenarios | 640 Posts

Attached Image

GBPUSD

This pair is now around 20 pips from my prefered selling level of 1.6248 and we have made TD sell setups on the 5 and 15 minute charts. I am monitoring the situation and should we breach my prefered selling level before we make a bearish thrust bar I will go short when the TDF setup completes on either the 5 or 15 minute chart.

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Name: GBPUSD-5-minute.jpg
Size: 173 KB

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Name: GBPUSD-15min.jpg
Size: 170 KB

Cheers
Foggytrader

#170
Jan 25, 2010 10:52am Jan 25, 2010 10:52am

foggyTrader
| Joined Jan 2006 | Status: Always look at both scenarios | 640 Posts

Attached Image

GBPJPY

My stop has been hit here so I will stand aside, we may well still move back below my prefered selling area before the close tonight but for me there has been no clear TDF failure here so I will wait for further developments. The strength of the corrective move seen in GBPUSD today has somewhat played on this trade and I see a better opportunity there now as we are now only 8 pips from my selling level as I type.

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Name: GBPJPY-5min.jpg
Size: 193 KB

Cheers
Foggytrader

#171
Jan 25, 2010 11:11am Jan 25, 2010 11:11am

foggyTrader
| Joined Jan 2006 | Status: Always look at both scenarios | 640 Posts

Attached Image

GBPUSD

Call this one a hybrid entry of all my methods if you like. I have gone short now for three reasons. We have come within 2 pips of my prefered selling level, we have shown a clear failure at the 15 minute TDST resistance level and we then completed a 5 minute TDF sell setup which provided me with the entry. I am short at 1.6233 and I have placed my stop at 1.6255.

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Name: GBPUSD-hybrid-entry.jpg
Size: 218 KB

Cheers
Foggytrader

#172
Jan 25, 2010 1:08pm Jan 25, 2010 1:08pm

foggyTrader
| Joined Jan 2006 | Status: Always look at both scenarios | 640 Posts

Quoting ratebs1968

Disliked

Thank you Foggytrader, I have read every post in this thread and I love the way you use the BAT and the thrust method combination with demark, I will look forward to your input in the excel sheet for the BAT settings.

Ignored

Please find my BAT settings attached, unfortunately I only use the BAT for long-term analysis at the moment although I don't doubt its potential for all other timeframes, great indicator!

Cheers
Foggytrader

Attached File(s)

BAT Settings.xls 23 KB | 455 downloads

#173
Jan 25, 2010 2:15pm Jan 25, 2010 2:15pm

ratebs1968
| Joined Aug 2006 | Status: Trader | 11 Posts

Quoting foggyTrader

Disliked

Please find my BAT settings attached, unfortunately I only use the BAT for long-term analysis at the moment although I don't doubt its potential for all other timeframes, great indicator!

Cheers
Foggytrader

Ignored

Thank you so much.