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DTFD - Dot Trading for Dummies

  • #161
  • Jun 23, 2010 11:07pm Jun 23, 2010 11:07pm
Quoting TauTrader
Good day to you,

I have copied all the last posted indicators from the paperclip icon - as well as the template. I have placed the template in the template folder ( remember there are 2 template folders) you want to add this template to the template folder prior to going into "experts" - not in the template folder under "experts" itself.

I copied all the indicators into the indicator folder and loaded up a chart. Right clicked on the chart - went to template - add template - and selected "dtfd.tpl"

My chart was 100% the same as what...
thnx for replying sir let start

1. i should download all indis on this thread
2.put all indis to the respective folder
3.put the template to the chart that all?
  • #162
  • Jun 23, 2010 11:13pm Jun 23, 2010 11:13pm
Quoting fxrambo
thnx for replying sir let start

1. i should download all indis on this thread
2.put all indis to the respective folder
3.put the template to the chart that all?
Good day to you,

Download only the last couple of indicators as per my instruction. Download the dtfd template ( last template) - install as per my instruction. Restart metatrader. Load template.

You will then have the same.

I am going out now for a couple of hours.

Good luck

Regards
  • #163
  • Jun 23, 2010 11:37pm Jun 23, 2010 11:37pm
Quoting TauTrader
Good day to you,

Download only the last couple of indicators as per my instruction. Download the dtfd template ( last template) - install as per my instruction. Restart metatrader. Load template.

You will then have the same.

I am going out now for a couple of hours.

Good luck

Regards
thank u very much sir now iot looks like uas exactly
  • #164
  • Jun 24, 2010 1:09am Jun 24, 2010 1:09am
Quoting TauTrader
Looks like we may head down. Price now 110.80 - cancel if 111.04 is broken. Target 110.00 area.

Let's see...
wow

thnx for the indi sir there is an indi called exit wat is its work.on ej i see it is heading on the same place u said wat do u use for targets anything special sir?
  • #165
  • Jun 24, 2010 4:34am Jun 24, 2010 4:34am
Quoting fxrambo
wow

thnx for the indi sir there is an indi called exit wat is its work.on ej i see it is heading on the same place u said wat do u use for targets anything special sir?
Good day to you,

First things first... please do not call me sir .

You will have to work out your own exit strategy. This becomes the toughest part. As you can see, there were more pippies to be made on that EJ trade. So there is no perfect exit strategy, that gives you maximum results every single time.

You may get out too quickly, or you may wait for your exit, and then see your profits go back to zero before you get there. I personally like to look at channels and their mid lines. Using these. Also support end resistance levels. Cam lines are also great. You need to test to see what could work for you as an individual.

Wish you success

Regards
  • #166
  • Jun 24, 2010 4:46am Jun 24, 2010 4:46am
Quoting TauTrader
Looks like we may head down. Price now 110.80 - cancel if 111.04 is broken. Target 110.00 area.

Let's see...
This one worked out nicely. Took profit a bit above. Also took a short on EU at the same time. 3 trades giving +204 pippies.

Regards
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  • #167
  • Jun 24, 2010 4:48am Jun 24, 2010 4:48am
Quoting TauTrader
Good day to you,

First things first... please do not call me sir .

You will have to work out your own exit strategy. This becomes the toughest part. As you can see, there were more pippies to be made on that EJ trade. So there is no perfect exit strategy, that gives you maximum results every single time.

You may get out too quickly, or you may wait for your exit, and then see your profits go back to zero before you get there. I personally like to look at channels and their mid lines. Using these. Also support end resistance levels....
ok thnx
  • #168
  • Jun 24, 2010 4:54am Jun 24, 2010 4:54am
There were multiple opportunities on EU. Posted below the 4hr with the short signal. Then the 30 min chart with the opportunities.
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  • #169
  • Jun 24, 2010 5:04am Jun 24, 2010 5:04am
As a side note: We have reached the top of a 4hr channel - may see some weakness creeping in. I am interested in this, as the daily is also at the top of its channel. Will keep an eye out to see what price does here. Should 1.5013 be broken, the channel will fail for that instant.

I should get clarity over the next 8 to 12 hours. If I receive confirmation, I will post. This would mean I will only be looking for shorts then. Patience...
  • #170
  • Jun 24, 2010 5:34am Jun 24, 2010 5:34am
Quoting TauTrader
As a side note: We have reached the top of a 4hr channel - may see some weakness creeping in. I am interested in this, as the daily is also at the top of its channel. Will keep an eye out to see what price does here. Should 1.5013 be broken, the channel will fail for that instant.

I should get clarity over the next 8 to 12 hours. If I receive confirmation, I will post. This would mean I will only be looking for shorts then. Patience...
Ok - looks like she is not finished yet. Looks like we are going back up. This invalid if 1.4955 broken. Price now 1.4980. Target open.

Regards
  • #171
  • Jun 24, 2010 8:49am Jun 24, 2010 8:49am
Quoting TauTrader
Ok - looks like she is not finished yet. Looks like we are going back up. This invalid if 1.4955 broken. Price now 1.4980. Target open.

Regards
Here comes the easy part of trading.... hindsight.

With 1.5000 so close, and with the weakness mentioned.... not a good place to enter. Price is having a tough time edging higher. 1.5000 heavily defended.

One would think a clear break above this important level, should happen first.... price now 1.4983. Tough cookie
  • #172
  • Jun 24, 2010 8:20pm Jun 24, 2010 8:20pm
Quoting TauTrader
Here comes the easy part of trading.... hindsight.

With 1.5000 so close, and with the weakness mentioned.... not a good place to enter. Price is having a tough time edging higher. 1.5000 heavily defended.

One would think a clear break above this important level, should happen first.... price now 1.4983. Tough cookie
Took a -30 pip loss on this one. So up +177 end total for yesterday.

Regards
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  • #173
  • Jun 25, 2010 7:50am Jun 25, 2010 7:50am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Good work TT.

Seems all your hard work has paid off!

ta
ams

Quoting TauTrader
Took a -30 pip loss on this one. So up +177 end total for yesterday.

Regards
  • #174
  • Jun 25, 2010 7:51am Jun 25, 2010 7:51am
Quoting ams
Good work TT.

Seems all your hard work has paid off!

ta
ams
I have his setup on my ej chart. I've been studying it. It is impressive.
  • #175
  • Jun 25, 2010 7:54am Jun 25, 2010 7:54am
Finished Friday -

Was in and out of my office, so only scalped bits and pieces. 2 small losses in there as well.

Ended on + 173 pippies for the day.
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  • #176
  • Jun 25, 2010 8:00am Jun 25, 2010 8:00am
Quoting TauTrader
Finished Friday -

Was in and out of my office, so only scalped bits and pieces. 2 small losses in there as well.

Ended on + 173 pippies for the day.
  • #177
  • Jun 25, 2010 8:08am Jun 25, 2010 8:08am
Quoting ams
Good work TT.

Seems all your hard work has paid off!

ta
ams
Good day to you,

Nice to see you!

I am still struggeling. This system does not seem to be stable enough. I am still testing though and continue working hours and hours to find the correct combinations.... it is out there...

I am paticularely interested in GU at the moment. I believe we are busy with a sweeping day or two back to the top, before we hit the road down..

Anyway - will see.

I appreciate you taking the time to pop in.

Wish you all the best!

Regards
  • #178
  • Jun 25, 2010 8:13am Jun 25, 2010 8:13am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
You had only 2 bad trades. This is not bad at all me thinks.

Which one did you loose?
What actual trading method you are using apart from dot config? I mean how do you decide to trade and direction?


ta
ams



Quoting TauTrader
Good day to you,

Nice to see you!

I am still struggeling. This system does not seem to be stable enough. I am still testing though and continue working hours and hours to find the correct combinations.... it is out there...

I am paticularely interested in GU at the moment. I believe we are busy with a sweeping day or two back to the top, before we hit the road down..

Anyway - will see.

I appreciate you taking the time to pop in.

Wish you all the best!

Regards
  • #179
  • Jun 25, 2010 8:17am Jun 25, 2010 8:17am
Quoting calderone
I have his setup on my ej chart. I've been studying it. It is impressive.
Good day to you,

Happy to see you.

Man! this is hard....

I am wrecking my brain with this nonsense. I am giving this one last attempt under testing. If I do not figure this out, I am back to square 1.

Calderone - I am interested in what you are doing - please post some input here? ( your MA's and stuff)

I am posting a glimpse of the "all or nothing" trade I have entered now. ON DAILY! SL is only 100 pips above the current level. TP is 300 to 500 from here

Hehe

Wish you well

Regards
Attached Image (click to enlarge)
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  • #180
  • Jun 25, 2010 8:25am Jun 25, 2010 8:25am
Quoting ams
You had only 2 bad trades. This is not bad at all me thinks.

Which one did you loose?
What actual trading method you are using apart from dot config? I mean how do you decide to trade and direction?


ta
ams
Good day to you,

One word - CHANNELS

I know they can be broken... but this is different to the "usual" channels. In short, I give a bit of flex and the indi seems to adjust well to this. But still testing.

Oh yes - the 2 losses were for like 8 pips - on EU.

Will talk to you about this in the near future

Regards
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