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(binned per thread starter’s request) dwebTWT: Trade When Triangl

  • #121
  • Oct 12, 2016 11:19am Oct 12, 2016 11:19am
Results: 3 x TWT worth: 19 + 100 + 88 = 207pips (depending trading style, etc)
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30.png Size: 39 KB

dweb(◆)
We err, and err, and err again, but less.
  • #122
  • Oct 12, 2016 11:41am Oct 12, 2016 11:41am
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5 12102016.png Size: 35 KB
We err, and err, and err again, but less.
  • #123
  • Oct 12, 2016 8:46pm Oct 12, 2016 8:46pm
R&D: Complete. This will be my last post to this thread. Thanks to all who contributed. I am excited about its further development. All the best to you all.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5last.png Size: 49 KB

dweb(◆)
We err, and err, and err again, but less.
  • #124
  • Oct 13, 2016 12:56am Oct 13, 2016 12:56am
I have been trying to wrap around my head as to why you take the trades you do and how you draw your triangles. It's a shame that you will not be posting anymore.

The only reason i believe people are not replying here is because they are finding hard to understand the criteria ,reason and the exact way of drawing the triangle.

Cheers.
  • #125
  • Oct 13, 2016 1:46am Oct 13, 2016 1:46am
Quoting wolero7
I have been trying to wrap around my head as to why you take the trades you do and how you draw your triangles. It's a shame that you will not be posting anymore. The only reason i believe people are not replying here is because they are finding hard to understand the criteria ,reason and the exact way of drawing the triangle. Cheers.
Was about to post the same thing - have been reading this at least 4 times, that's how thick i must be.....
This would need some live step by step approach, maybe on a H1 chart in order to grasp what is going on.
  • #126
  • Oct 14, 2016 3:39am Oct 14, 2016 3:39am
Quoting wolero7
I have been trying to wrap around my head as to why you take the trades you do and how you draw your triangles. It's a shame that you will not be posting anymore. The only reason i believe people are not replying here is because they are finding hard to understand the criteria ,reason and the exact way of drawing the triangle. Cheers.
Quoting Go5
{quote} Was about to post the same thing - have been reading this at least 4 times, that's how thick i must be..... This would need some live step by step approach, maybe on a H1 chart in order to grasp what is going on.
Thanks for posting wolero7 & Go5.
I am no longer posting as I believe I have done enough. Whether people respond or not is irrelevant to me. I have other things to do, lol. At least the information is here and people can read the thread grasp the method, and use or improve on it.

If you are struggling to "grasp" or "feel thick" then you have say so, as would not know.
++ You have to have read the thread,
++ draw some examples of your (mis-)understanding
++ Post your drawings here.
++ Step-by-step- are already posted here.
Attached Image (click to enlarge)
Click to Enlarge Name: phan28395_USDJPYM1.png Size: 34 KB

dweb(◆)
We err, and err, and err again, but less.
  • #127
  • Oct 14, 2016 7:24am Oct 14, 2016 7:24am
Quoting dweb
{quote} {quote} Thanks for posting wolero7 & Go5. I am no longer posting as I believe I have done enough. Whether people respond or not is irrelevant to me. I have other things to do, lol. At least the information is here and people can read the thread grasp the method, and use or improve on it. If you are struggling to "grasp" or "feel thick" then you have say so, as would not know. ++ You have to have read the thread, ++ draw some examples of your (mis-)understanding ++ Post your drawings here. ++ Step-by-step- are already posted here. {image}...
Thanks for the reply. If I have any question concerning your methods, I will pm you.

Thanks once again for the selfless contributions. cheer.
  • #128
  • Oct 14, 2016 7:33am Oct 14, 2016 7:33am
Quoting wolero7
{quote} Thanks for the reply. If I have any question concerning your methods, I will pm you. Thanks once again for the selfless contributions. cheer.
Pleasure
We err, and err, and err again, but less.
  • #129
  • Oct 14, 2016 7:54am Oct 14, 2016 7:54am
thank you. This is interesting, gonna spend the weekend to learn
  • #130
  • Oct 14, 2016 12:28pm Oct 14, 2016 12:28pm
Quoting phan28395
thank you. This is interesting, gonna spend the weekend to learn
Hey phan28395, glad you came.
We err, and err, and err again, but less.
  • #131
  • Oct 17, 2016 7:29am Oct 17, 2016 7:29am
Asset: USDZAR, M1
Objective: dweTWT
Results: I was not focused at all....and then applied the dwebTWT on the current open trades... The rest is history.
Edit: deleted some sensitive data, lol
Attached Image (click to enlarge)
Click to Enlarge Name: dwebtwtUSDZARM1.png Size: 52 KB
We err, and err, and err again, but less.
  • #132
  • Oct 17, 2016 8:00am Oct 17, 2016 8:00am
Quoting dweb
Asset: USDZAR, M1 Objective: dweTWT Results: I was not focused at all....and then applied the dwebTWT on the current open trades... The rest is history. Edit: deleted some sensitive data, lol {image}
Attached Image (click to enlarge)
Click to Enlarge Name: dwebtwtUSDZARM1 clsd.png Size: 51 KB
We err, and err, and err again, but less.
  • #133
  • Oct 17, 2016 3:04pm Oct 17, 2016 3:04pm
OK at first I thought this was alien language. Then, I read it again. Still, alien. Then, i read again. There was one point when I though I had it, but it was too simple. It could not be that simple. Then I read again and realized I definitely didn't get it when I thought I had it.

Finally, after many readings, I am ready to share my first stab at this. Please, Sir. Pardon my mistakes which I am sure will be many. Here is my fist chart. If you have time, please check my work and let me know how far off I am.

Please Note: Using the inside bar method to start with the basics. I need to read these few pages several more times to catch up with where you are now with this. For now I just want to know if I am on the right track.

And thank you for sharing! I will do my best to learn.

Attached Image (click to enlarge)
Click to Enlarge Name: PlzCheckMyWork_001.png Size: 54 KB
Don't look down when learning to fly.
  • #134
  • Oct 17, 2016 4:29pm Oct 17, 2016 4:29pm
I have read the thread up to three time. Just like what Platanero said, I thought i had it and didn't. lol. I think the problem with me is that i have only been a fan of indis. I don't draw lines, i find them difficult. Still trying my best. Thought its all about IB, but is not.

Looks alien for sure. Wish i can understand this.
  • #135
  • Oct 17, 2016 11:06pm Oct 17, 2016 11:06pm
Quoting Platanero
OK at first ...
Let me 1st congratulate you on your work. It is very, very good. Your comments made me LOL.

Quoting wolero7
I have read the thread up to three time. Just like what Platanero said, I thought i had it and didn't. lol. I think the problem with me is that i have only been a fan of indis. I don't draw lines, i find them difficult. Still trying my best. Thought its all about IB, but is not. Looks alien for sure. Wish i can understand this.
Hey wolero7, when the prophet said to the King shoot the arrows, he never said "shoot only three"...LOL. Yes, you have confirmed the MM mind conditioning - indicators.... Have a look at Platanero's chart, but do the drawing yourself, as understanding comes from action - "faith without works is dead", recall.

Observation:
++ You have used a Daily chart this I have applied the rules as if we working on a lower time frame. The higher timeframe method I am working on.
++ review the black lines and see the historical patterns.
+++ The last SBL is good but overshadowed by the correct TWT. the last candle would ne SBL in an uptrend as it also becomes to HPX evaluation.
Attached Image (click to enlarge)
Click to Enlarge Name: Platanero.png Size: 62 KB
We err, and err, and err again, but less.
  • #136
  • Oct 18, 2016 5:53am Oct 18, 2016 5:53am
Quoting dweb
{quote} Let me 1st congratulate you on your work. It is very, very good. Your comments made me LOL. ...
Thank you!

One more shot before I start with the questions.

Here are two versions of the same chart with slight differences. I left out time frame and instrument as irrelevant for now; just looking to internalize the core logic properly. I look forward to your observations and comments on these.


Attached Image (click to enlarge)
Click to Enlarge Name: PlzCheckMyWork_002a.png Size: 16 KB



Attached Image (click to enlarge)
Click to Enlarge Name: PlzCheckMyWork_002b.png Size: 17 KB
Don't look down when learning to fly.
  • #137
  • Oct 18, 2016 6:04am Oct 18, 2016 6:04am
Quoting dweb
{quote} Let me 1st congratulate you on your work. It is very, very good. Your comments made me LOL. {quote} Hey wolero7, when the prophet said to the King shoot the arrows, he never said "shoot only three"...LOL. Yes, you have confirmed the MM mind conditioning - indicators.... Have a look at Platanero's chart, but do the drawing yourself, as understanding comes from action - "faith without works is dead", recall. Observation: ++ You have used a Daily chart this I have applied the rules as if we working on a lower time frame. The higher timeframe...

dweb, where do you suppose to enter? and I see some of your black line starting line are not IB at all. Thanks!
  • #138
  • Oct 18, 2016 6:36am Oct 18, 2016 6:36am
Quoting Platanero
{quote} Thank you! One more shot before I start with the questions. Here are two versions of the same chart with slight differences. I left out time frame and instrument as irrelevant for now; just looking to internalize the core logic properly. I look forward to your observations and comments on these. {image} {image}
Wow Platanero! you got it made...
Chart #1: All correct
Chart #2: The dTWT is not formed as the SB high was exceeded, thus it remains a valid TWT.

Bravo!Bravo!Bravo!
We err, and err, and err again, but less.
  • #139
  • Oct 18, 2016 6:39am Oct 18, 2016 6:39am
Quoting mario777
{quote} dweb, where do you suppose to enter? and I see some of your black line starting line are not IB at all. Thanks!
Hey mario777

Thanks for your comments.

The main reason for what I am going to say now, is the asset are all different, thus this method accommodates them all:
++ The IB was focus arlucad traded with, thus this method of perception only ignore the Outside Bar (for now at least).
++ Whether you use the IB or a bar that exceeds the high/low of the TT - its your choice.
We err, and err, and err again, but less.
  • #140
  • Oct 18, 2016 6:42am Oct 18, 2016 6:42am
If you respect the dTWT for its purpose and intent:
++ you will get out of losing trades sooner.
++ you will tend not to trade due price action (price action telling you not to do so)
++ you will have more success with the TWT assistance.
We err, and err, and err again, but less.
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