DTFD - Dot Trading for Dummies | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Analysis for dummies, by dummies 194 replies

System development for dummies 0 replies

EA for Dummies : How to get started 4 replies

Basic Market Math for dummies 9 replies

Forex. For Dummies 4 replies

Attachments: DTFD - Dot Trading for Dummies
Exit Attachments

DTFD - Dot Trading for Dummies

  • #101
  • Mar 26, 2010 9:48am Mar 26, 2010 9:48am
Let's see if the 1hr timeframe is more reliable with these moving averages.

Have a great weekend Tau!
  • #102
  • Mar 26, 2010 11:45am Mar 26, 2010 11:45am
Mentioned the switch will come...

OK - grabbed a few on the mighty Dragon. Called a possible turn on GJ. GU took the lead, this one came through now.

Banked +74 on GU and now +104 on GJ..

This whilst BBQ'ing the most perfect Buffalo Wings. My tail is up - no doubt. Time will tell. But I may be onto something.

Have a good weekend

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: MWSnap023.gif Size: 23 KB
  • #103
  • Mar 28, 2010 11:10am Mar 28, 2010 11:10am
Quoting calderone
Let's see if the 1hr timeframe is more reliable with these moving averages.

Have a great weekend Tau!

Ive been trading on 1 hr charts for ages and they are definately more reliable
  • #104
  • Mar 28, 2010 11:17am Mar 28, 2010 11:17am
now the general concensus is that this indicator repaints miserably, however why not give it a good test, its a bit different

nice thread

its similar to how I trade

looking for U turns at tops and bottoms then entering at confirmations

good luck
Attached File(s)
File Type: mq4 3_Level_ZZ_Semafor.mq4   8 KB | 349 downloads
  • #105
  • Mar 28, 2010 2:33pm Mar 28, 2010 2:33pm
Posting the following numbers:

EU - 1.3400
GU - 1.4834
GJ - 137.24
EJ- 123.77

Activities at these levels were recorded over the week-end. I use this strategy from time to time, whenever it presents itself. These levels should thus be revisited - could be a day, could be a week, could be 10 days.

Will update this post further down the line - with a bit more information on this. Correlation can be used on this, with great effect too. Again, do not trade this. Just place it in the back of your mind for now.

Wish you all a good week ahead.

Regards
  • #106
  • Mar 28, 2010 2:42pm Mar 28, 2010 2:42pm
Quoting dfxclub
now the general concensus is that this indicator repaints miserably, however why not give it a good test, its a bit different

nice thread

its similar to how I trade

looking for U turns at tops and bottoms then entering at confirmations

good luck
Good day to you,

Thank you for your posts. The indicator you posted is based on ZigZag / Fractal. This is what I am trying to avoid, as these are extremely subjective. For the purpose of this excercise, the indicator will not be of value. But thank you.

I am however very interested in how you would go about attempting to determine cycles / short term trends and the confirmations thereof

Warm regards
  • #107
  • Mar 28, 2010 5:55pm Mar 28, 2010 5:55pm
Hi TT
Got sell signal on my system when market open e/u 1.3490
Well Let's see what will happen
  • #108
  • Mar 28, 2010 9:56pm Mar 28, 2010 9:56pm
I'm still watching as well.
  • #109
  • Mar 29, 2010 12:25am Mar 29, 2010 12:25am
Quoting egkid
Hi TT
Got sell signal on my system when market open e/u 1.3490
Well Let's see what will happen
Good day to you,

I still have no possible short indication on EU, as yet. I do however have a warning on GJ (1hr) and now starting on EJ ( 1hr). The GJ indication is slightly more established at this point, although it has moved up with price, as price continued higher.

In theory, I have to start looking at a possible trap / overshoot forming on these. Selling into the rise...will keep an eye on these for the next couple of hours

Wish you success
  • #110
  • Mar 29, 2010 5:26am Mar 29, 2010 5:26am
Quoting dfxclub
Hi Tau
this is how Im adding your concept to what Im building.

1- determine the U turns at 4 hour charts and (this can take some time to happen) for this I recently added swingmans (bloody great) indicator the NB indicators which you can find at Nanningbob s buylow sellhigh thread (he is also doing some thing pretty cool)

2- go only in that direction with 1 hr time frame swings

I use the ZZ semafor for exits and for entries.

This is how it could be with your 1st model

See the picture on 1 hr chart with green bars

you have a hollow...
Good day to you,

Thank you for the post. I will have a look at your proposals. I still have to continue watching the behaviour of the Rule 1 dots. This is the most important "factor". It may take a while to put it through it's paces. I do however think it remains a valid avenue to continue investigating and testing.

Care should be taken. The Rule 1 dots should only be used as an indication of a possible turn. Not as a signal to trade. The signal to trade lies with the second part. The "1" dots. But with a twist. Before this can be traded though, more testing and observation is needed.

Your input is appreciated.

Regards
  • #111
  • Mar 29, 2010 5:40am Mar 29, 2010 5:40am
Tautrader

Thanks for sharing the Taucross. Fits really well into standard ichi analysis, the dots have a good way of predicting upcoming crosses. Well done!

Chngster
Attached Image (click to enlarge)
Click to Enlarge Name: chngster d.jpg Size: 237 KB
Thank you Crucial Point, Bleek, Trizzle, Darkstar
  • #112
  • Mar 29, 2010 5:58am Mar 29, 2010 5:58am
Quoting chngster
Tautrader

Thanks for sharing the Taucross. Fits really well into standard ichi analysis, the dots have a good way of predicting upcoming crosses. Well done!

Chngster
Good day to you,

Thank you for your post. The dots may be a good exit strategy for the way you trade. Once you get your confirmed Ichi cross, exit on the appearance of the counter dot...

Just a thought?

Wish you all success

Regards
  • #113
  • Mar 29, 2010 8:04am Mar 29, 2010 8:04am
Quoting TauTrader
Good day to you,

Thank you for the post. I will have a look at your proposals. I still have to continue watching the behaviour of the Rule 1 dots. This is the most important "factor". It may take a while to put it through it's paces. I do however think it remains a valid avenue to continue investigating and testing.

Care should be taken. The Rule 1 dots should only be used as an indication of a possible turn. Not as a signal to trade. The signal to trade lies with the second part. The "1" dots. But with a twist. Before this can be traded...
exactly Tau
Wait for the Rule one circle and then enter on the yellow arrow down

ZZ semafor is an option for exits I thought since this one does not repaint
  • #114
  • Mar 29, 2010 8:38am Mar 29, 2010 8:38am
Quoting TauTrader
The very first thing I always need to be aware of, are the hollow dots indicated on the chart. These may form in quick succession, or not. The purpose here, is to get a POSSIBLE heads-up of when a short term turn may be on the cards. These indications move. It is just a pre-emptive indication. It is not a doorstop or a brick wall. You will learn to understand how they move, once you have gone through a period of study / observation.

Their role is to attempt to keep you on the higher probability side of Price. Nothing more, nothing less. It is...

Tau

would you happen to have the hollow dots as a stand alone indicator?

I know it repaints but if you have a stand alone version would be much appreciated

cheers
  • #115
  • Mar 29, 2010 9:13am Mar 29, 2010 9:13am
Quoting dfxclub
Tau

would you happen to have the hollow dots as a stand alone indicator?

I know it repaints but if you have a stand alone version would be much appreciated

cheers
Good day to you,

The dots are created by reading other supportive indicators. Not possible to be stand-alone. You need to load Taucross2, TMA and T3_clean - all posted earlier.

The Taucross needs the other 2 to function - they do not have to be on the chart, but is required.

Regards
  • #116
  • Mar 29, 2010 9:23am Mar 29, 2010 9:23am
I am watching ej right now, was tempted to short on the bearish engulfing bar on 1hr-waiting to see if we get another confirmation from the system. Also watching the aud/usd on 1hr-may be a sell off from that level.
  • #117
  • Mar 29, 2010 9:37am Mar 29, 2010 9:37am
Quoting dfxclub
exactly Tau
Wait for the Rule one circle and then enter on the yellow arrow down

ZZ semafor is an option for exits I thought since this one does not repaint
Good day to you,

My apology for dismissing your earlier post regarding ZZ Semafor. This version you posted, leaves all possible entries / exits on the chart. Different from the one originally created....

I have made a change to the indicator - only plotting "2"'s - the "1"'s and "3"'s removed. I am seeing something I like here as well. Will definitely play with this one a bit more....

Regards
  • #118
  • Mar 29, 2010 9:58am Mar 29, 2010 9:58am
Quoting calderone
I am watching ej right now, was tempted to short on the bearish engulfing bar on 1hr-waiting to see if we get another confirmation from the system. Also watching the aud/usd on 1hr-may be a sell off from that level.
Good day to you,

I have empathy with you, sticking around and testing. I remain grateful. the entry on EUR/JPY may come to fruition soon, I hope. Just waiting for 1 more condition. I think I will start building my short on EJ soon.

I know things are all over the place at present, but progress is made. Thank you for taking the time to evaluate.

Regards
  • #119
  • Mar 29, 2010 10:39am Mar 29, 2010 10:39am
Quoting TauTrader
Good day to you,

I have empathy with you, sticking around and testing. I remain grateful. the entry on EUR/JPY may come to fruition soon, I hope. Just waiting for 1 more condition. I think I will start building my short on EJ soon.

I know things are all over the place at present, but progress is made. Thank you for taking the time to evaluate.

Regards
No problem at all. The aud/usd may not pan out like I thought it would but those long wicks are telling me there are sellers. Hmmm. Not anything in the way of major news today either, price could be stubborn for a bit. Zooming out on ej 1hr we see that we are near a level that would suggest a drop.
If we can define an edge with your work it could pay off. Nothing ventured, nothing gained my friend.
  • #120
  • Mar 29, 2010 11:10am Mar 29, 2010 11:10am
Quoting TauTrader
Good day to you,

I still have no possible short indication on EU, as yet. I do however have a warning on GJ (1hr) and now starting on EJ ( 1hr). The GJ indication is slightly more established at this point, although it has moved up with price, as price continued higher.

In theory, I have to start looking at a possible trap / overshoot forming on these. Selling into the rise...will keep an eye on these for the next couple of hours

Wish you success
Good day to you TT
Can't believe i go to my work and back we still in same range with e/u
Any way as i post it i enter sell with it depends on my system signal
1.3450
1.3500
Let's see what will happen from here
0 traders viewing now