Thread: Trading Made Simple

Originally Posted by ;

quote Cable Did you submitted that a year ago you'd have had a rock solid evidence that whatever you are using is functioning. Now it's moot, for any member can use a chart from one year ago, plot some traces and say: I told you (hindsight trading)

Agreed. I have many charts from a year ago in which I made the ideal call, I have charts where my mind changed!

You think indiors are useless? You think pure PA only functions?

Originally Posted by ;

You believe indiors are useless? You believe PA only works that are pure? picture

As anticipated from a hobby trader

Originally Posted by ;

quote As anticipated from a hobby trader

Yes, I am. However, RJ is not, and I understand you are strongly disagreed with by him. Anyhow, seems you're lost in thread that is wrong, as you stated please refrain from posting in this thread.

Originally Posted by ;

quote Yes, i am. However, RJ is not, and I know he ardently disagree with you. Seems as you said please refrain from posting in this thread, you are lost in thread.

Don't know who RJ is and I really could care less but for somebody who has never posted here I believe your the one who's lost. I had been here to help your here to troll

Originally Posted by ;

quote Do not know who RJ is and I could care less but for someone who has never posted here I believe your the one who's lost. I was here to assist your own here to troll

Divergence if you're so against indior's, why post in a thread where:
Article 119
With this method the TDI is King. All transactions are it and exits...

To determine that a 5th wave end, the most frequent technique is to choose the fibs of waves 0-3 and stretch them off of wave 4 end. Look for the 61.8% expansion.

It's also possible to zoom in on the wave arrangements in the 5th wave and utilizing fibs or arrangement again, pinpoint the end of this 'v'th of the 5th.

When wave 3 has been extended, start looking for wave 5 to equal wave 1.

Today, it's obvious to me that folks doubt that change points could be plotted or charted to almost the pip. People do not want to listen, although I've tried to show otherwise.

Before I proceed, let me show you a chart of a good example;



Therefore, even if we forget how a sell could have been shot clean in the line with a small stop, due to wave construction backing up the probability of this 61.8% fib being right.

Let us turn our focus to the ensuing 123. Backed up today with this reaction off of this fib's evidence, I enter short on the pullback, short at 10,629. SL of 6 pips.
When a crossover or trigger of this 123 gives entry at 10,617. SL is 18 pips, or 3 x per the pullback amount.

For the sake of easy mathematics, lets say the risk was #18 on both trades. That's #3/pip on pullback vs #1/pip on trigger/crossover technique.
Let us say we exit the trade at 10,600 (we might presume a reaction off of this round number).

#3 x 29 pips = #87 for pullback method (or almost 5 x risk) vs #18 for trigger/crossover (1 x risk).

Okay, even if the figures are not accurate... or even if crossover entry was a bit earlier - well... you get the picture. The earlier you get in to a trade with risk, the more exponential the expansion.

When the debate is that on bigger timescales, the factors gap between entries becomes less important, compared to the position size still does.

I'm combining EW here with this method, but I think I've shown recently, that with the only the pullback method, you are able to pinpoint the likely turning point to inside a small handful of pips. That's great to not have to worry about losing trades. One winning trade = 4 losers...

Originally Posted by ;

You believe indiors are useless? You believe pure PA only works? image

That's half an opinion -could you finish your statement with the illuion ?

I'm interested in what you believe is better than pure price action ?

Is Emmuel doing his FX blue opinion of his trades. Prior to Christmas he sent out a pm to members to ask for FX blue Id to add to his white list. He took my id but didn't respond to his FX url that was blue to determine his trades. Has anyone got the link? I have asked him but I believe he's busy as not replied.

Originally Posted by ;

Is Emmuel still doing his FX blue opinion of his trades. He sent out a pm to associates to ask for FX Id that was blue to grow his list. He took my identifiion but did not respond to his FX url to see his trades. Has anybody got the link? I've asked him but I believe he is busy as not replied.

I was interested, also and opened an account in FX Blue, delivered him my ID but didn?t get it managed to view his account/trades. Or?m Simply to stupid to Comprehend the system of FX Blue where I can view his account or trades