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Trading Made Simple

  • #80,221
  • Jun 14, 2017 3:36am Jun 14, 2017 3:36am
Quoting emmanuel7788
{quote} you remember that TDI Golden Cross 4 weeks and it took several days for the PA to move above the PAC. so far one of the best trending move this year.
Hi Emmanuel ,

Could you explain more precisely and completely as you usualy do , the caractetics of a "golden cross" :
- give us few examples of what it is exactly (the example of your trade of Nz/Usd daily chart is a good example ?)
- If I remember well LE1 wrote a few posts saying that it was a good way to trade higher time frames , do you agree ?
- Does a golden cross has to be done only on one side of MBL and not start on one side of MBL and continue through MBL on the other side and then we can enter ?

Thanks in advance for your answer.
  • #80,222
  • Jun 14, 2017 4:21am Jun 14, 2017 4:21am
Quoting emmanuel7788
{quote} Hi, I am still bullish with NZD.. {image}
Bravo

final TP reached..
May I ask how you calculated the TP in the beginning?
Its above the swing high from Feb 2017..

I wasn t in this trade..
But If : my final TP had been latest at 71900.. most portion I had kicked out at last swing 70.50.. may be a small portion run longer

Stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #80,223
  • Jun 14, 2017 4:58am Jun 14, 2017 4:58am
Quoting Denzil
Recently thru my friend i got to know about this thread and it was amazing and following the footsteps of Big E... I need a clarification on TDI in our previous threads i got to know if my TDI is > 68 there is a possibility of it can come down(Keeping all the Green and Red cross over all in mind) and similarly if my TDI is < 32 there is a possibility it may go up. Now my question is whether it is for all time frames or this 68 and 32 is applicable only for 4 hrs timeframe ? Can someone guide me on this please ? Regards, Denzil
Basicly you can do it in all timeframes.
But without a bigger picture and timing itll be very hard to gain pips.
There are threads by Xman and Loveevery1 with about the same aproach but smaller timeframes.
Really helpful stuff.
Smaller timeframes kill the most newbies, the big risks are overtrading and stops get taken quickly.
When you can master the exit, you master trading.



Good luck
Guido
Risiko birgt immer auch die Chance.
  • #80,224
  • Jun 14, 2017 9:13am Jun 14, 2017 9:13am
ME D1
Ucad closed by TP and manually,
GJ still in play, I added manually a 3rd position yesterday during retrace.

stay tuned
Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADDaily 14.6..png Size: 42 KB
Click to Enlarge Name: GBPJPYDaily 14.6..png Size: 42 KB
Risiko birgt immer auch die Chance.
  • #80,225
  • Jun 14, 2017 10:19am Jun 14, 2017 10:19am
Quoting emmanuel7788
{quote} NZDUSD Week 24 June 14 update: Today looking good as it makes a higher high and higher low, keeping the bullish structure. Final TP target 0.7250 in sight. Close soon before today' FOMC during NY session. No need to be greedy and hope for more. {image}
LOL Are you still in ???? Trades direct from pip heaven !!!!
  • #80,226
  • Jun 14, 2017 10:56am Jun 14, 2017 10:56am
Hi,
Is there sourcecode available for the HA_APB indicator (with PA channel)?
Greetings,
jansb000
  • #80,227
  • Edited 2:16pm Jun 14, 2017 1:48pm | Edited 2:16pm
Quoting Mattse
{quote} LOL Are you still in ???? Trades direct from pip heaven !!!!

No need to be greedy. It already hot my planned target and I got 3,490 pips for the Golden Cross trade.

You want to see a 10,000 pips trade? or a 100,000 pipettes trade?

Wait till my summer vacation is over and we can start the second half year trading in July.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Week 24 June 14 trade closed.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,228
  • Jun 14, 2017 1:50pm Jun 14, 2017 1:50pm
Quoting Sesamstrasse
ME D1 Ucad closed by TP and manually, GJ still in play, I added manually a 3rd position yesterday during retrace. stay tuned Guido {image} {image}

Nice
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,229
  • Jun 14, 2017 1:55pm Jun 14, 2017 1:55pm
Quoting Sesamstrasse
{quote} Bravo final TP reached.. May I ask how you calculated the TP in the beginning? Its above the swing high from Feb 2017.. I wasn t in this trade.. But If : my final TP had been latest at 71900.. most portion I had kicked out at last swing 70.50.. may be a small portion run longer Stay tuned Guido

You know by now that I have done my top down analysis and have by Big Picture Plan BPP.
Those target levels are historical price swing levels and I plan my positions trades between those levels.
I exited my trades at the first level.... 'mental exhaustion' following for so many days/weeks and not knowing what the market will do in reaction to FOMC.

See my BPP MN below. Those levels are quite clear on MN Line Chart.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD MN BPP.png Size: 40 KB


Did we see a new High for 2017? Its not over yet.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD MN chart.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,230
  • Jun 14, 2017 2:06pm Jun 14, 2017 2:06pm
Quoting emmanuel7788
{quote} You know by now that I have done my top down analysis and have by Big Picture Plan BPP. Those target levels are historical price swing levels and I plan my positions trades between those levels. I exited my trades at the first level.... 'mental exhaustion' following for so many days/weeks and not knowing what the market will do in reaction to FOMC. See my BPP MN below. Those levels are quite clear on MN Line Chart. {image} Did we see a new High for 2017? Its not over yet. {image}

aaah yes, on weekly/monthly TF without the Candles it looks so clean ..
Ill keep it in my mind, I also do the TD-analyses.. since a year about and only for TMS Dailies.
The candles( specially the HA/Syn Apb) just clutter the view..

Thanks .

Guido
Risiko birgt immer auch die Chance.
  • #80,231
  • Jun 14, 2017 2:10pm Jun 14, 2017 2:10pm
Quoting bodal
{quote} Hi Emmanuel , Could you explain more precisely and completely as you usualy do , the caractetics of a "golden cross" : - give us few examples of what it is exactly (the example of your trade of Nz/Usd daily chart is a good example ?) - If I remember well LE1 wrote a few posts saying that it was a good way to trade higher time frames , do you agree ? - Does a golden cross has to be done only on one side of MBL and not start on one side of MBL and continue through MBL on the other side and then we can enter ? Thanks in advance for your answer....

A Golden Cross is simply when three moving averages cross at the same point. I first heard this term 'Golden Cross' used by Kathy Lien back in 2007.
Rare to see these days but they usually turn out to be very profitable trades.

Example below:
Attached Image (click to enlarge)
Click to Enlarge Name: Golden Cross MAs.png Size: 19 KB


The same applies when we use the TDI which is basically moving averages of the RSI data.
that NZDUSD Golden Cross was posted in this thread in May 18 Week 20.

https://www.forexfactory.com/showthr...36#post9880536

For more post on Golden Cross, do the simple thing:

Attached Image (click to enlarge)
Click to Enlarge Name: FF keyword search golden cross.png Size: 128 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,232
  • Jun 14, 2017 2:14pm Jun 14, 2017 2:14pm
Quoting Sesamstrasse
{quote} aaah yes, on weekly/monthly TF without the Candles it looks so clean .. Ill keep it in my mind, I also do the TD-analyses.. since a year about and only for TMS Dailies. The candles( specially the HA/Syn Apb) just clutter the view.. Thanks . Guido

back to the good old days when we traded the stock markets with only close prices and that is the Line Chart. we can see the 'trend' much easier and the support / resistance, every price turn, etc.

Why did the Japanese invent the Candlesticks and then the Heiken Ashi candles?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,233
  • Jun 14, 2017 2:22pm Jun 14, 2017 2:22pm
Quoting emmanuel7788
{quote} No need to be greedy. It already hot my planned target and I got 3,490 pips for the Golden Cross trade. You want to see a 10,000 pips trade? or a 100,000 pipettes trade? Wait till my summer vacation is over and we can start the second half year trading in July. {image}
I wish you the best !!! and gazillion pips !!!!!!

I'm looking forward for that!! we learn a lot of things from this forum, especially from you

Thanks again for your support

have a lot of fun
  • #80,234
  • Jun 14, 2017 2:25pm Jun 14, 2017 2:25pm
Quoting emmanuel7788
{quote} A Golden Cross is simply when three moving averages cross at the same point. I first heard this term 'Golden Cross' used by Kathy Lien back in 2007. Rare to see these days but they usually turn out to be very profitable trades. Example below: {image} The same applies when we use the TDI which is basically moving averages of the RSI data. that NZDUSD Golden Cross was posted in this thread in May 18 Week 20. https://www.forexfactory.com/showthr...36#post9880536 For more post on Golden Cross, do the simple thing: {image}...
Ever ready to help out, good mind, nice guy, God bless your good work here....
Time always comes before price
  • #80,235
  • Jun 14, 2017 2:35pm Jun 14, 2017 2:35pm
Quoting Mattse
{quote} I wish you the best !!! and gazillion pips !!!!!! I'm looking forward for that!! we learn a lot of things from this forum, especially from you Thanks again for your support have a lot of fun

You want to learn How the Monty Hall problem can be applied to trading.

Example like this week since we have FOMC, I switched door before FOMC and led to new price discovery.


Attached Image (click to enlarge)
Click to Enlarge Name: Monty Hall.png Size: 28 KB


Mingary is brilliant to come up with many puzzles to make me think.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,236
  • Jun 14, 2017 2:44pm Jun 14, 2017 2:44pm
Quoting emmanuel7788
{quote}Why did the Japanese invent the Candlesticks and then the Heiken Ashi candles?

I could bet it has any psychological reason.

Wiki says:
"
Heikin Ashi candlesticks
Heikin-Ashi (平均足, Japanese for 'average bar') candlesticks are a weighted version of candlesticks calculated with the following formula:[8][9]

  1. Close = (open + high + low + close) / 4
  2. High = maximum of high, open, or close (whichever is highest)
  3. Low = minimum of low, open, or close (whichever is lowest)
  4. Open = (open of previous bar + close of previous bar) / 2

Heikin-Ashi candlesticks must be used with caution with regards to the price as the body doesn't necessarily sync up with the actual open/close. Unlike with regular candlesticks, a long wick shows more strength, whereas the same period on a standard chart might show a long body with little or no wick. Depending on the software or user preference, Heikin-Ashi may be used to chart the price (instead of line, bar, or candlestick), as an indicator overlaid on a regular chart, or as an indicator plotted on a separate window.
See also"

back to topic..

The line charts are unbeatable for the view.. really forgot about it..

Stay tuned

Guido

Risiko birgt immer auch die Chance.
  • #80,237
  • Jun 14, 2017 2:56pm Jun 14, 2017 2:56pm
Quoting emmanuel7788
{quote} You want to learn How the Monty Hall problem can be applied to trading. Example like this week since we have FOMC, I switched door before FOMC and led to new price discovery. {image} Mingary is brilliant to come up with many puzzles to make me think.
I've had very very good results from Big E's methods.

I've just start following this path and TMS II, according to your instructions
and I'm going to make level up, again !!!
  • #80,238
  • Jun 14, 2017 4:04pm Jun 14, 2017 4:04pm
Been following this thread for a while and last night took the plunge and put on 4 trades as attached. Aimed for TP of 1:1 to begin with and won 3 out of the 4.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H4 (06-15-2017 0653).png Size: 96 KB


Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY H4 (06-15-2017 0652).png Size: 104 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD H4 (06-15-2017 0647).png Size: 101 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD H4 (06-15-2017 0646).png Size: 99 KB
Winners add to winning trades!
  • #80,239
  • Jun 14, 2017 4:52pm Jun 14, 2017 4:52pm
Quoting marshalmax
Been following this thread for a while and last night took the plunge and put on 4 trades as attached. Aimed for TP of 1:1 to begin with and won 3 out of the 4. {image} {image} {image} {image}
The 5 ema used is shifted by 3 and set to typical price and not close like the one on your chart..I guess you are aware of this
the cautious seldom err....C
  • #80,240
  • Jun 14, 2017 5:23pm Jun 14, 2017 5:23pm
Quoting pips29
{quote} The 5 ema used is shifted by 3 and set to typical price and not close like the one on your chart..I guess you are aware of this
No. I did see some discussion on this but saw no conclusion either way. Thanks for letting me know.
Winners add to winning trades!
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