Why does it matter to you how anyone else defines a trend? It’s YOUR system; YOU get to set the rules and definitions. And if your definition of trend happens to be HH, HL = up, LH, LL = down, then that is what EVERYBODY using your system must use. ...

Price action is dumb, and you're lazy for thinking otherwise

Strip club = bank for Dredding. Well, at least he makes huge deposits there. LOL DrDave

Price Action Trading with Indicators! The Freebie System

lagging indicators — I like lagging idicators! i don't care about entering a sell at the PEAK of the move. I wait to sell until I have a CONFIRMATION that the direction has changed from up to down. What better way to get that than from a ...

Price action is dumb, and you're lazy for thinking otherwise

Interesting to hear that you are "pretty disappointed." It seems to me that you have mostly gotten the type of respones that you expected. Therefore, your expectations are being met. And if ones expectations are being met, isn't one "happy" with ...

Price action is dumb, and you're lazy for thinking otherwise

TA? — How about this TA: I am basing my logic on the observation that humans tend to repeat behaviors under similar conditions. Historically, selling orange juice on the first day of month MM and holding until the first day of month MM + nn is ...

Price action is dumb, and you're lazy for thinking otherwise

That is an interesting result. But you didn't finsih the anlaysis. Does a down move actually kick in some number of bars later? What's the probability of an ensuing down move versus up move? That single bit of data you gave tells me that I might ...

Price action is dumb, and you're lazy for thinking otherwise

what do YOU see in the pic below? DrDave

Price action is dumb, and you're lazy for thinking otherwise

Isn't this saying that we can't just look at a model that is developed from observations as being rigid and unchangeable? But even if the model is wrong, does it have any meaningful impact? After all, in 1492, it was a "fact" that the world was ...

Price action is dumb, and you're lazy for thinking otherwise

Excellent job! That's a beautiful thing--three H4 trades in the green, weekly goal met, and still 3 days left in the week! Enjoy watching now. DrDave

Price Action Trading with Indicators! The Freebie System

I looked only at EURUSD. Looks to me like you can make great buy entries by just the TDI green cross red when they are above yellow and yellow pointed up, or flat. then exit when green cross yellow down. (Or be more conservative and exit with ...

Very easy system

udine, you're a monster trader! What trade(s) did you take to finish so fast? DrDave

Price Action Trading with Indicators! The Freebie System

Old threads often have informative discussions as well as some useful gems that can be added to another system. I've never looked at Trix before, so I'm interested in seeing how it worked out in this thread and to see if it will add anything to my ...

MTF Trix system

This is easily solved by never painting a bar until it has CLOSED! Just leave it blank until it gets painted. Then when you look at your dashboard, you have to be "smart" enough to look back at the last painted bar to make a decision. In ...

MTF Trix system

man, I didn't say that I would work on an EA, I just explained that it CAN be programmed. I'm way too busy banking pips! DrDave

A "new" simple system based on MA

Of course the contraction and expansion of the MAs can be programmed. How do you think a crossover of 2 MAs is programmed? Maybe when checking the value of each and determining which one is larger and which one is smaller? OK, now that you know you ...

A "new" simple system based on MA

Yes, I put it on my flash drive so I can play it whenever. Looking like the single mom strippers are gonna have a great take this weekend. LOL DrDave

Price Action Trading with Indicators! The Freebie System

Thanks, udine. I also hit my daily goal with this single trade. This trade plus yesterday's single trade give me my WEEKLY goal. LOL So now I am free from the charts. DrDave

Price Action Trading with Indicators! The Freebie System

Ha-Ha! I took that buy on H1 EU. when I came back from lunch, KA-CHING! 44 pips in the bank. Dredding's Freebie system does it again. DrDave

Price Action Trading with Indicators! The Freebie System

Hey Udine, Unfortunately, there is no such thing as a 100% iron clad trade. Other than ignoring the higher time frame trends, (which, by the way, part of Paulus' system is to look ONLY at the M5 time frame for trend), I indeed made an entry based on ...

Price Action Trading with Indicators! The Freebie System

My "pivots" on this time frame are at 1.4000, 1.4025, 1.4050, 1.4075, 1.4100. I also see that >90% of the time price moves at least 1 pivot. My entry was between pivots, so I have to use the next pivot as my TP. I typically see 2 pips spread, so I ...

Price Action Trading with Indicators! The Freebie System