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Trading Made Simple

  • #78,841
  • Edited Apr 12, 2017 12:27am Apr 11, 2017 6:44pm | Edited Apr 12, 2017 12:27am
UJ | Long | TDI crossing - levels | an MTF analysis with little help from TMS Angleator | 5 MA - HA PA
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...set to BE | I noticed a 95% positive correlation with EJ on short term basis ---EJ on bearish trend but with imminent reversal might happen soon
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...UJ trade update: TP filled, trade closed (3 trade entries)
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,842
  • Apr 11, 2017 7:04pm Apr 11, 2017 7:04pm
Quoting emmanuel7788
{quote} I see what you mean. The system tester I use will show each trade entry to exit in points. But in the overall test periods, it will show the overall trades nett in pips. I did mention that the test period was Dec 2008 till March 2017 and trade trades were based on Day chart timeframe. If the overall nett results was in total pippettes 32,323 then I would not be trading forex for 10 years just for 3232.3 pips profit. There are other instruments which yield better results. My properties rental yield is 6% to 7% per annum as passive income...
I see, so the net pips/month would have been 185.8, not 18.58. zMinga, if you don't mind, will you say if your testing shows similar returns on the pairs you tested?
Vincit qui se vincit.
  • #78,843
  • Edited 8:13pm Apr 11, 2017 7:19pm | Edited 8:13pm

  1. AU | observing for possible Long or Short on bearish continuation | M30 (td curve or bounce down) - current HA body&wick under 5 MA
  2. H4 - flat TDI | smaller HA body - on a consolidation | but imminent break-out may soon happen (bearish continuation or reversal (short term bullish) | current HA body&wick under 5 MA

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...update M15 - on bearish continuation with imminent reversal ... but then again a channel break-out to go down even more, though half-way through M15 candle
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At the moment, AU have a 75% negative correlation with UC wherein it enjoys a bullish trend... if that is the case, AU leans towards a bearish continuation... let's wait and see or observe how it will react on a support level.... 10+ pips below (a little below/at yesterday's US session low) inline to form a lady market slayer favorite pattern... a cat ears (in reverse) ; )-
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,844
  • Edited Apr 12, 2017 12:44am Apr 11, 2017 8:14pm | Edited Apr 12, 2017 12:44am
Quoting v2vboni
AU | observing for possible Long or Short on bearish continuation | M30 (td curve or bounce down) - current HA body&wick under 5 MA H4 - flat TDI | smaller HA body - on a consolidation | but imminent break-out may soon happen (bearish continuation or reversal (short term bullish) | current HA body&wick under 5 MA {image} {image} ...update M15 - on bearish continuation with imminent reversal ... but then again a channel break-out to go down even more, though half-way through M15 candle{image} At the moment, AU have a 75% negative correlation with...
v2vboni
Have you become a signal provider? Well your market prediction's read exactly like the new's room announcer's sound, full of loop hole's or word's that go nowhere fast.
Got a lot of little word's like: or, may, but, ........ish which always leave a back door open.
"I told you it will be a possible Long"
"I told you it will be a Short on bearish continuation"

"observing for possible Long or Short on bearish continuation"
Why can't you say:
The marker will go short today
or
The market will go long today

The same here
"imminent break-out may soon happen (bearish continuation or reversal (short term bullish)"
Why can't you say:
imminent break-out will take place today in a bear continuation
or
reversal (short term bull) will take place today

mmmmm forgot you have placed me on ignore . Does not matter.
You might not read this other member's will and ask why did v2vboni post such rubbish.
No person can predict the market direction
  • #78,845
  • Apr 11, 2017 8:23pm Apr 11, 2017 8:23pm
...UJ | Long entry update, it went to BE +2.9 pips | ..now just re-entered on another Long entry
...TDI cross with clock face rule and again, a little help with TMS Angleator for MTF analysis | 5 MA - HA PA
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,846
  • Apr 11, 2017 8:58pm Apr 11, 2017 8:58pm
...on the chart below... observe how TDI looks like before and after the fact... it looks different on how it begins and after it leans towards your perceived expectations ---it means after the fact, or narratives shows up already, some trader tries to curve fitting their strategy in order to see how effective their strategy was.... With live market analysis it is totally hard.... it really needs your utmost patience in order to be selective on which pair to trade with.

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,847
  • Edited 11:22pm Apr 11, 2017 10:13pm | Edited 11:22pm
Quoting Tekkies
{quote} v2vboni Have you become a signal provider? Well your market prediction's read exactly like the new's room announcer's sound, full of loop hole's or word's that go now where fast. Got a lot of little word's like: or, may, but, ........ish which always leave a back door open. "I told you it will be a possible Long" "I told you it will be a Short on bearish continuation" "observing for possible Long or Short on bearish continuation" Why can't you say: The marker will go short today or The market will go long today The same here "imminent break-out...
He is talking in probability language, there is no certainty in the market...

When you speak in certainty or write in certainty, then you may assume that it has a high chance of success but it will be never true.. Therefore when you are trading you need to be honest with yourself..
It's in fear when people show what they truly value.
  • #78,848
  • Apr 11, 2017 10:55pm Apr 11, 2017 10:55pm
Quoting Pippopotamus
{quote} I see, so the net pips/month would have been 185.8, not 18.58. zMinga, if you don't mind, will you say if your testing shows similar returns on the pairs you tested?
I will calculate in pips on weekend and show the list of trades.
Then perhaps Emmanuel could have a look at the list and give me a hint.

I think Emmanuels sentence
"To develop a trading system we need other data from our back-test using historical data."
includes the difference.
  • #78,849
  • Edited Apr 12, 2017 2:41am Apr 11, 2017 11:21pm | Edited Apr 12, 2017 2:41am
EJ | M30 | Long entry - after short term consolidation | TDI crossed... good angle with regards to clock face rule | 5 MA - HA PA
...moved to BE due to EU session is opening soon
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...update | TS filled, closed trade
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,850
  • Edited 11:58pm Apr 11, 2017 11:28pm | Edited 11:58pm
hmmm... Tekkies just posted about me ; )- Teks, ... I don't want to go through another bad movie here, capice?

Don't look to be contrary to a man on top of a hill... like the one on this song below. "The song is about a man who is considered a fool by others, but whose foolish demeanor is actually an indication of wisdom". So please be this kind of man instead... otherwise, just simply concentrate on your trades. Goodluck

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,851
  • Apr 11, 2017 11:31pm Apr 11, 2017 11:31pm
Quoting ensale
{quote} He is taking in probability language, there is no certainty in the market... When you speak in certainty or write in certainty, then you may assume that it has a high chance of success but it will be never true.. Therefore when you are trading you need to be honest with yourself..
Could not help to laugh ensale.
Every time a trade is placed you are dishonest with yourself, for you are hoping that the assumption you made based on how you read Price Action or the confidence you place in a indicator is right. We all know that the market is very good at providing fake information to deceive you into placing a wrong trade.
  • #78,852
  • Apr 11, 2017 11:47pm Apr 11, 2017 11:47pm
Quoting Tekkies
{quote} Could not help to laugh ensale. Every time a trade is placed you are dishonest with yourself, for you are hoping that the assumption you made based on how you read Price Action or the confidence you place in a indicator is right. We all know that the market is very good at providing fake information to deceive you into placing a wrong trade.
Well if you know your profitability over a 100 trades then you can be very honest with yourself, yes the market will fool you sometimes.. but you need to fool others more then they you fool you. LOL , If you have the skill, system application/method then you can be confident of that.. forget looking at trade by trade basis but if you want to, know your probability of success on each trade setup or trade you take.
It's in fear when people show what they truly value.
  • #78,853
  • Apr 12, 2017 12:10am Apr 12, 2017 12:10am
Quoting ensale
{quote} Well if you know your profitability over a 100 trades then you can be very honest with yourself, yes the market will fool you sometimes.. but you need to fool others more then they you fool you. LOL , If you have the skill, system application/method then you can be confident of that.. forget looking at trade by trade basis but if you want to, know your probability of success on each trade setup or trade you take.
ensale you are so right.
  • #78,854
  • Apr 12, 2017 12:13am Apr 12, 2017 12:13am
Quoting v2vboni
hmmm... Tekkies just posted about me ; )- Teks, ... I don't want to go through another bad movie here, capice? Don't look to be contrary to a man on top of a hill... like the one on this song below. "The song is about a man who is considered a fool by others, but whose foolish demeanor is actually an indication of wisdom". So please be this kind of man instead... otherwise, just simply concentrate on your trades. Goodluck https://www.youtube.com/watch?v=6Hlw_9ldThs
Nice song
  • #78,855
  • Apr 12, 2017 12:26am Apr 12, 2017 12:26am
Hi Folks,

Today is Wednesday. Its mid-week.
Do you have a trading task to perform? I know I do.
I will look at all my H4 charts and see if any of the pairs in my market watchlist has made swing low or swing high in this week and look for potential reversals and if any pair is in consolidation and wait for the breakout.
Not forgetting this Friday is holidays in most countries and liquidity is expected to be low. Its going to be long weekend and strange things do happen and using the weekend to buffer any shock to the closed markets.

Trade Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,856
  • Apr 12, 2017 12:44am Apr 12, 2017 12:44am
Quoting mazibee
{quote} Sorry was not feeling well for few days and catching up posts for last couple of days (Many new things to learn and absorb) Just to mention again Emmanuel you are best, you spend spend your time here (without any commercial and financial interest) helping newbies like me and many others. Last night I took this trade on D1 USD/CAD.I am posting screen shots of the same trade (1) one with Synergy PAC and (2) PAC using 5SSMA (High and low) but I took trade when the HA candle closed below the Synergy Pro APB builtin PAC, Emmanuel your comments...

Hi Maz,

Hope you are felling better now.

Remember this Big E's post#5 where he was replying to a member name Divergence? Big E was not talking about technical divergence between price action and the TDI, etc. He said we should not mix rules from different systems.

You are mixing the Synergy Pro PAC and the early version Synergy PAC. The rules for both systems are different in the way the PACs are used.

In our D1 trading forward testing, we use the PAC with the 5SMMA set to High and Low.

You know the three conditions for D1 chart trading I mentioned already, right?

1) is the HA must close either above or below the PAC.

2) is the 'trend' we see using the PAc 5SMMA high-low

3) the TDI Moderate mode.

I am a coder and I look at the Data window to see the PAC 'trend' very easily without having to read the data. You should avoid manually reading those data in the data window and try figure out the trend because it will take too much time. The PAC 'trend' can be coded into an indicator to flag the trend at an instant. I will PM you this weekend and explain. Today you should rest and get well.

We talk again this weekend.

Cheers!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,857
  • Apr 12, 2017 12:49am Apr 12, 2017 12:49am
Exited at hook.

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Everything is possible!!! Step by Step...
  • #78,858
  • Apr 12, 2017 1:00am Apr 12, 2017 1:00am
Quoting DmitryFX
Exited at hook. {image}

Nice and safe. Good trade.

What is the remaining time left on your H4 candle?
My H4 has another one hour to go before candle closes.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,859
  • Apr 12, 2017 1:06am Apr 12, 2017 1:06am
Quoting emmanuel7788
Nice and safe. Good trade. What is the remaining time left on your H4 candle? My H4 has another one hour to go before candle closes.
i am using broker with clear 5 days candles per week. GMT+3
Everything is possible!!! Step by Step...
  • #78,860
  • Apr 12, 2017 1:08am Apr 12, 2017 1:08am
AU | H1 | Long - aggressive entry | TDI crossed - good angle for clock face rule | 5 MA - HA PA | MTF price level analysis with a little help from TMS Angleator

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
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