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Trading Made Simple

  • #59,181
  • Jul 26, 2015 9:07am Jul 26, 2015 9:07am
Quoting Tanglewood
Phx62 pdf studies are in the paperclip but I thought I'd post all five studies here to make it quick and easy for anyone who wants to download them. {image} {image} {image} {image} {image}

I stopped wasting my time reading those pdfs. They are made in hindsight and can only be text book trades.

Run your own strategy tester and do you own back-testing and observe the price action and the TDI condition - cross, hook up/down, flat, etc. and see what the price bar tell you. It is important that you see the price bar Close price and how the TDI green line reacts to the price bar Close price when running in the strategy tester. It will exactly how it will work in realtime market condition.

Be warned! use the correct version of the TDI one that does not repaint the history bars.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,182
  • Jul 26, 2015 9:49am Jul 26, 2015 9:49am
Quoting Davit
Just want to share something off beaten path. You want to get better in Trading? Play chess! Yes I said it You can sign up free at chess.com all levels from beginner to advance Chess requires you to pay attention to details (trading requires paying attention to details as well) Plan offense,defense,strategy,middle game end game MATE= $$$ in trading Chess like real life challenges you every step and benefits your brain by making new neuron pathways essentially making you smarter every time you play it. Please play.I play it constantly when trading...
I used to play chess when I was in the university. I think I got a pretty decent level at that time, I used the play at local tournaments, there used to be some IMs in those tournaments. I had to stop playing because it was distracting me a lot from what I should have been doing(to study). It has been a long time now since I finished my career, but didn't have the time to play it seriously again.
  • #59,183
  • Jul 26, 2015 9:52am Jul 26, 2015 9:52am
Quoting emmanuel7788
{quote} Yes. Buy only. Plan, Build and Run until 1.5500. It can be rough ride between 1.5100 to 1.5300 if you look at the swing highs and swing lows on D chart zoom out. Next week is month end so we get a upper wick on the July MN candle because it is rare to get a Marubozu MN. Trade Well.
I also did my analysis, and I'm going to be buying only. I also see what Davit says, I see a divergence, so, the price might retrace a bit. Since my account doesn't allow me to do position building, I am going to wait for buy opportunities after price retraces.
  • #59,184
  • Jul 26, 2015 9:55am Jul 26, 2015 9:55am
Quoting emmanuel7788
{quote} I stopped wasting my time reading those pdfs. They are made in hindsight and can only be text book trades. Run your own strategy tester and do you own back-testing and observe the price action and the TDI condition - cross, hook up/down, flat, etc. and see what the price bar tell you. It is important that you see the price bar Close price and how the TDI green line reacts to the price bar Close price when running in the strategy tester. It will exactly how it will work in realtime market condition. Be warned! use the correct version of the...
Many thanks Emmanuel. I was unaware of what you have said and will take care.
  • #59,185
  • Jul 26, 2015 10:45am Jul 26, 2015 10:45am
Dear Emm,
Your thoughts plzzzzzzzzzz ...
Yes ... on Your advice, I have all those areas marked on all my trading pairs ...
Attached File(s)
File Type: doc Trade Plan Development - July fourth week.doc   37 KB | 544 downloads
  • #59,186
  • Jul 26, 2015 11:03am Jul 26, 2015 11:03am
Emmanuel, I'll try to modify the stoploss function of a trademanager ...
Do you think it is sufficient if I use High/Low of Bar [2] as SL?
Regards
Regards
  • #59,187
  • Jul 26, 2015 7:00pm Jul 26, 2015 7:00pm
Quoting Davit
{quote} Hi Lazy For not confusing you and others its best you trade how this system, thread is based upon. Regards
Thx man :-) but i dont wanna change my trading style....im only asking for curiosity.
Lazy
mia san mia since 1900
  • #59,188
  • Jul 26, 2015 11:08pm Jul 26, 2015 11:08pm
My trade today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCHFH4.png Size: 40 KB
Click to Enlarge Name: GBPNZDH4.png Size: 37 KB
  • #59,189
  • Jul 27, 2015 12:06am Jul 27, 2015 12:06am
These four pairs have just crossed the TDI on the 4H. But I won't be trading any of those crosses as the GREEN TDI line is not on a strong angle.
I'll wait for the London session to begin in 4 hours instead.
Attached Image
  • #59,190
  • Jul 27, 2015 12:26am Jul 27, 2015 12:26am
Quoting dreammore
My trade today. {image} {image}
@ USD/CHF this trade have a nice RR Ratio. Good luck man.

Lazy
mia san mia since 1900
  • #59,191
  • Jul 27, 2015 12:51am Jul 27, 2015 12:51am
Quick morning cross+levels trend-following entry

buy EURNZD
uptrend at W1
cross at H1
candle close above MA10
TP=15 at psylevel 1.67000
SL=24 at pivot 1.66009

Could you critic or support?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZDH1.png Size: 48 KB
Click to Enlarge Name: EURNZDH11.png Size: 50 KB
Just an opinion. Based on research
  • #59,192
  • Jul 27, 2015 12:53am Jul 27, 2015 12:53am
Quoting Dimi.A
These four pairs have just crossed the TDI on the 4H. But I won't be trading any of those crosses as the GREEN TDI line is not on a strong angle. I'll wait for the London session to begin in 4 hours instead. {image}

Dimi.A;

Look at these pics and explanations!

regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD#H4.jpg Size: 232 KB
Click to Enlarge Name: EURGBP#H4.jpg Size: 245 KB
Click to Enlarge Name: EURJPY#H4.jpg Size: 249 KB
  • #59,193
  • Jul 27, 2015 1:14am Jul 27, 2015 1:14am
Quoting since80808
Quick morning cross+levels trend-following entry buy EURNZD uptrend at W1 cross at H1 candle close above MA10 TP=15 at psylevel 1.67000 SL=24 at pivot 1.66009 Could you critic or support? {image} {image}

since80808;

pay attention to the pics !

regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZD#H1.jpg Size: 260 KB
Click to Enlarge Name: EURNZD#H4.jpg Size: 235 KB
  • #59,194
  • Jul 27, 2015 1:21am Jul 27, 2015 1:21am
Hello everybody,

Still learning this interesting method and will give a try,

What is your opinion on AUD/USD? Clearly downtrend, TDI shows green crossing red, daily bar under PAC and below of the monthly S1. What about a pending at the break of the lower point?

Thanks in advance,
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2015-07-27 a las 8.13.30.png Size: 72 KB
  • #59,195
  • Jul 27, 2015 1:24am Jul 27, 2015 1:24am
H4 view.
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2015-07-27 a las 8.23.49.png Size: 64 KB
  • #59,196
  • Jul 27, 2015 1:32am Jul 27, 2015 1:32am
Quoting farhad10
{quote} Dimi.A; Look at these pics and explanations! regards {image} {image} {image}
nice sreenshots man thx a lot.

Lazy
mia san mia since 1900
  • #59,197
  • Jul 27, 2015 1:44am Jul 27, 2015 1:44am
Quoting LazyTrad3r
{quote} nice sreenshots man thx a lot. Lazy
What for EMA do you use here in this picture? EMA 200 and??

Thx a lot.

Lazy
mia san mia since 1900
  • #59,198
  • Edited 2:03am Jul 27, 2015 1:49am | Edited 2:03am
Quoting sEit89
Hello everybody, Still learning this interesting method and will give a try, What is your opinion on AUD/USD? Clearly downtrend, TDI shows green crossing red, daily bar under PAC and below of the monthly S1. What about a pending at the break of the lower point? Thanks in advance, {image}
http://www.forexfactory.com/showthre...40#post4581540

Attached Image (click to enlarge)
Click to Enlarge Name: Unbenannt.png Size: 93 KB
Best regards, Zef
  • #59,199
  • Jul 27, 2015 2:08am Jul 27, 2015 2:08am
Quoting ZeF
{quote} http://www.forexfactory.com/showthre...40#post4581540
Thank you ZeF,

I have read this several times. Maybe is not the perfect trade due to de Stoch (oversold market). What is your opinion?
  • #59,200
  • Jul 27, 2015 2:14am Jul 27, 2015 2:14am
Quoting fulltilt
Emmanuel, I'll try to modify the stoploss function of a trademanager ... Do you think it is sufficient if I use High/Low of Bar [2] as SL? Regards

Hi fulltilt,

That depends on the chart TF and the market type you are trading in.
When we use the 2-bars look back to place our stop loss, we are in the trending market or when there is a breakout of a range.

however, when we are trading in a range, for example when we are trading withing the high-low of a Wide Range Bar WRB, we should place out stop loss either above the WRB high for sell or below the WRB low for buy.

for either of the above cases, for trades on chart TF D1 and below, always check the ADR of the pair and compare which is the 'safer' stop loss distance. Use position sizing for all trades.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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