Trading made simple with added BS | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Made Simple 151,882 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Need Simple Alert Added To This Indicator Please 3 replies

Attachments: Trading made simple with added BS
Exit Attachments

Trading made simple with added BS

  • #21
  • Nov 21, 2015 11:07am Nov 21, 2015 11:07am
Quoting nunrgguy
Question number one. 'What timeframe are you tarding'? Do you ACTUALLY know what this means? Are you looking at a 15 minute chart and saying 'I'm tarding the 15 minute timeframe'? If you do, you are well and truly TARDING.
I know that I know nothing. Admittedly so.

But it seems often the meaning of "timeFrame" and 'bar resolution' or conflated.

Bar resolution is the arbitrary way we choose to view historical data on a chart.

Time frame is the amount of data spanning across the axis.

At least that's what I've always thought?
  • #22
  • Nov 21, 2015 12:49pm Nov 21, 2015 12:49pm
Quoting nunrgguy
Question number one. 'What timeframe are you tarding'? Do you ACTUALLY know what this means? Are you looking at a 15 minute chart and saying 'I'm tarding the 15 minute timeframe'? If you do, you are well and truly TARDING.



Some Joker once told me and I quote-

You are not tarding TFs. You are tarding PRICE. All a TF is in the end is how long you think you'll be able to hold AFTER you enter.
See price within a daily bar (which doesn't exist). What can you do on this, the first day and only day the market existed EVER? You can trade the breakout from the open or you can trade a retrace from the extreme. What else could there be? Maybe even your daily magic bar is complete and utter bu11sh1t??
Live today like theres no tomorrow-- Prioritize like you will die today
  • #23
  • Edited 1:53pm Nov 21, 2015 1:29pm | Edited 1:53pm
Wahay

Someone who knows his tarding.

You've got it exactly right. When I say we're going to be trading the weekly, what I actually mean is that we will be trading price within the confines of the current week.

Any trades will be opened this week and they will be closed this week.

What I don't mean is that we'll be looking at a historical weekly chart and reading the tea leaves from there and holding for weeks.

If we're holding for weeks we are not trading the weekly.

Attached Image (click to enlarge)
Click to Enlarge Name: first day.png Size: 23 KB
  • #24
  • Nov 21, 2015 1:30pm Nov 21, 2015 1:30pm
Quoting nunrgguy
Question number one. 'What timeframe are you tarding'? Do you ACTUALLY know what this means? Are you looking at a 15 minute chart and saying 'I'm tarding the 15 minute timeframe'? If you do, you are well and truly TARDING.
that needs huge screen time
  • #25
  • Nov 21, 2015 1:33pm Nov 21, 2015 1:33pm
Quoting nunrgguy
Or without added BS, depending on your perspective. We're going to MAKE TARDING SIMPLE. We're going to do this by making it as complicated as possible. We're going to be trading the WEEKLY timeframe. We're going to use H6 bars. Heikin Arshi. Why not??? And 'THE 5' Follow me, we're all going to be rich. But remember!!! Tarding is simple. Hit a button, buy, sell, and you're a tarder. Simple. O, and some frequency distributions might help. And some common sense, which no one on here has.

nunrgguy,

thanks!

holy shit, I have been TARDING for 25 years and losing my hard earned money when trading can be ridiculously simple.

next year, I shall change my belief and learn trading the price.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26
  • Nov 21, 2015 2:12pm Nov 21, 2015 2:12pm
Quoting iamsovereign
{quote} Some Joker once told me and I quote- You are not tarding TFs. You are tarding PRICE. All a TF is in the end is how long you think you'll be able to hold AFTER you enter. See price within a daily bar (which doesn't exist). What can you do on this, the first day and only day the market existed EVER? You can trade the breakout from the open or you can trade a retrace from the extreme. What else could there be? Maybe even your daily magic bar is complete and utter bu11sh1t??
= coin toss
  • #27
  • Nov 21, 2015 2:17pm Nov 21, 2015 2:17pm
Quoting vasily
{quote} = coin toss
There are three sides to a coin- don't forget the edge.
Live today like theres no tomorrow-- Prioritize like you will die today
  • #28
  • Nov 21, 2015 3:44pm Nov 21, 2015 3:44pm
Quoting DerBerliner
Hey dude ! It must be a damn good joint you are smoking at friday evening !
Grining till I'm tired
  • #29
  • Nov 22, 2015 1:54am Nov 22, 2015 1:54am
hey, we've been moved to discussion. This IS a trading method. I'm just going slowly slowly in presenting it. Has to be this way otherwise the tards will take over with their preconceptions.

Nothing presented so far is open to discussion. All that has been presented is facts. People may INTERPRET them differently but the facts themselves remain the same. Hence there is no discussion.

It's slowly slowly because we have to get beyond interpretation, concepts, falsehoods and lies before we can see what IS and trade what IS.
  • #30
  • Nov 22, 2015 2:04am Nov 22, 2015 2:04am
if you don't LOOK at the previous charts and see what IS and then understand what ISNT there is no pint going further. Before we know it you'll have multiple indicators on your chart, tens of lines and all the rest of it along with shouting your preconceptions you had instilled in you by idiots and snake oil merchants.
Having your beliefs challenged can be challenging.

Look at the charts again. What IS???
  • #31
  • Nov 22, 2015 5:05am Nov 22, 2015 5:05am
Quoting nunrgguy
if you don't LOOK at the previous charts and see what IS and then understand what ISNT there is no pint going further. Before we know it you'll have multiple indicators on your chart, tens of lines and all the rest of it along with shouting your preconceptions you had instilled in you by idiots and snake oil merchants. Having your beliefs challenged can be challenging. Look at the charts again. What IS???
Hi nunrgguy;

Looking at previous Weeks this is what I'm seeing
Attached Image (click to enlarge)
Click to Enlarge Name: 22nd Nov 15 GBP:USD.png Size: 70 KB
  • #32
  • Nov 22, 2015 5:30am Nov 22, 2015 5:30am
You're jumping ahead.

There was no previous week.
  • #33
  • Nov 22, 2015 6:02am Nov 22, 2015 6:02am
I'm starting to see the light.
Attached Image (click to enlarge)
Click to Enlarge Name: light.png Size: 769 KB
  • #34
  • Nov 22, 2015 6:17am Nov 22, 2015 6:17am
Quoting nunrgguy
You're jumping ahead. There was no previous week.
Try this, I'm always open to seeing the Market in new ways.
Attached Image (click to enlarge)
Click to Enlarge Name: 22nd Nov 15 GBP:USD.png Size: 74 KB
  • #35
  • Nov 22, 2015 8:42am Nov 22, 2015 8:42am
Quoting stevepatt
{quote} Try this, I'm always open to seeing the Market in new ways. {image}
Hello Steve,

I sse NG agreeing with this one, with the option that the market can move from the open to one extreme and be traded also
from that point back. That is my understanding too....just like the equities are day traded every morning at the open every day
......only forex is the weekly......let's see

4x
  • #36
  • Nov 22, 2015 9:24am Nov 22, 2015 9:24am
Brownie points for both of you. A*

keep this up and we all might end up trading instead of tarding.
Coming soon: a picture of a candlestick...
  • #37
  • Nov 22, 2015 11:02am Nov 22, 2015 11:02am
Quoting 4xPIPAHOLIC
{quote} Hello Steve, I sse NG agreeing with this one, with the option that the market can move from the open to one extreme and be traded also from that point back. That is my understanding too....just like the equities are day traded every morning at the open every day ......only forex is the weekly......let's see 4x
Hi Pip;

If nunrgguy has a way to accurately predict Market Extremes then I will be impressed.
Attached Image (click to enlarge)
Click to Enlarge Name: 22nd Nov 15 GBP:USD H4 Chart.png Size: 74 KB
  • #38
  • Edited 11:45am Nov 22, 2015 11:20am | Edited 11:45am
Quoting stevepatt
{quote} Hi Pip; If nunrgguy has a way to accurately predict Market Extremes then I will be impressed. {image}
Steve,

The chart you posted could be traded very nicely the way it is..... the winning trades are way bigger than the losing ones....
GREEN rectangle - LONG, RED rectangle - SHORT, TP or SL or at opposite signal or close at the close of the week, new week new trade

BUT OF COURSE LETS SEE WHAT NG HAS IS STORE

4x
Attached Image (click to enlarge)
Click to Enlarge Name: 22nd Nov 15 GBP-USD H4 Chart 2.png Size: 76 KB
  • #39
  • Nov 22, 2015 12:25pm Nov 22, 2015 12:25pm
Quoting 4xPIPAHOLIC
{quote} Steve, The chart you posted could be traded very nicely the way it is..... the winning trades are way bigger than the losing ones.... GREEN rectangle - LONG, RED rectangle - SHORT, TP or SL or at opposite signal or close at the close of the week, new week new trade BUT OF COURSE LETS SEE WHAT NG HAS IS STORE 4x {image}
Hi 4x;

I'm looking forward to what NG has to offer.
  • #40
  • Nov 22, 2015 2:27pm Nov 22, 2015 2:27pm
I'm sure that to most tarders it SEEMS very basic so far but the pupose of this exercise is to pull the wool away from your eyes before we go any further.

You're both on the right track already.

A candlesick. The Japanese invented this during the first week the market existed.
This is what it looked like when the market closed at the weekend:


Attached Image


I won't describe e how it's derived, we all know that right?

What do you see?
0 traders viewing now