Traderbeauty's 101 & beyoned...

[Traderbeauty]

sorry - forgot to post the indicators and the template

enjoy

 

https://www.sendspace.com/file/m3uahl

 

Rightline BIG THANKS TO ADMIS :)

Edited May 29, 2017 by Traderbeauty

[Traderbeauty]

we will talk about rules and how to trade something like this-

the important thing is that the delay response to realize you are at the wrong direction is very small and once you get higher highs on the 1 renko and blue and you are short- you understand at once that something is wrong and you might have to reverse or exit.

 

http://i.imgur.com/RxntjqK.jpg

[mastertrader7]

We all wait eagerly to the mortar and bricks.

A sound foundation to build on.

Please dont keep us waiting for too long,we want to absorb and implement ASAP.

[manihag]

it's hard to imagine for now how to use discretion with red-light/green-light-indicators like this, but looking forward to see where this is going.

[kenny123]

we will talk about rules and how to trade something like this-

the important thing is that the delay response to realize you are at the wrong direction is very small and once you get higher highs on the 1 renko and blue and you are short- you understand at once that something is wrong and you might have to reverse or exit.

 

http://i.imgur.com/RxntjqK.jpg

 

Thanks TB. Ever experiment with different bars or settings?

[Traderbeauty]

Hi Kenny- this is a very good question-

always when you get stuck and lose you look back and say to yourself- damn- if i used another time frame or bigger or smaller stops i would win this move- ...

the answer is- no need- if you can trade- you should be able to trade in any time frame and any bar type and in any settings for the indicator.

the market does not trade according to your needs or wishes- its purpose is to cause as much damage to as many traders as possible.

 

Again- do not trade this scalper by itself- you need to use it as an entry or exit tool.

I REPEAT- DO NOT TRADE THIS SCALPER ON ITS OWN- USE IT ONLY AS AN ENTRY OR EXIT CONFIRMATION.

 

In my next post i will show you how to decide where the market is going to knowing the target in advance and using the scalper as entry or exit.

 

Jane

[⭐ laser1000it]

---

sorry - forgot to post the indicators and the template

enjoy

 

https://www.sendspace.com/file/m3uahl

 

Rightline BIG THANKS TO ADMIS :)

 

Thanks. Have you also Logic Volume Wand HD ?

[Traderbeauty]

yes i do- i use it on the 1 renko chart to get an exact entry with the direction of the market.

i will explain that and post the indicator on my next post.

ok guys- i am listening to wykoff seminar that was posted few days ago and its super boring- so here is a LIVE EXAMPLE - happening just now

look at the top arrow - that was a beautiful short- right at the resistance.

right now we should continue to try shorting the market although we have to look at the bigger time frame chart ( 8-2 renko spectrum ) to make sure that we are not at the fib extension-

so we aim at the previous support that becomes a resistance but i also use the logic want hd to see where most of the volume is located.

 

enjoy

 

 

http://i.imgur.com/Own079q.jpg

[Traderbeauty]

look at the 4 renko chart- we just hit the 1.9 and have a reaction- so we might even consider going long but thats far from here for now.

keep in mind that the market reacted from a top that was higher high from the previous top.

http://i.imgur.com/dx3Fuw0.jpg

[Traderbeauty]

according to the renko 8-2 we are not at the 78 fib and we did not get to the ab=cd - second arrow so the 8-2 is saying that we should continue down.

 

http://i.imgur.com/DJmeQAr.jpg

[Traderbeauty]

so last for now but you should know that i just shared a HUGE amount of information with you in this live right now example- i am not going to chew it up for you or give you all the gory and fine details- i am not getting paid for that.

look at the renko 1- we got a perfect short right at the arrow i drew BEFORE the market got there - it went down but now it goes up again and its making A HIGHER LOW- you see that- RUN AWAY - exit your shorts and wait.

ok- thats enough for tonight- continuing with wykoff lol

take care

jane

 

http://i.imgur.com/r5sqe3r.jpg

[carlitus1234]

Traderbeauty, a big thanks for your huge contribution

 

I have one question: do you use limit or market orders to enter? and for exit?

 

Thanks again,

[seo74]

whats kind of indicator is this?

and how use it in trading?

if 66,4% is pression short expect next signal short with acme trend?

 

https://www.sendspace.com/file/2ltbly

 

Tks

[⭐ laser1000it]

whats kind of indicator is this?

and how use it in trading?

if 66,4% is pression short expect next signal short with acme trend?

 

https://www.sendspace.com/file/2ltbly

 

Tks

 

PLS have a look @ post #32

[Traderbeauty]

i only use LIMIT ORDERS- never market.

 

dont have time now but look what happened live after i said run away from the short- it went up and got to the 38 fib retracemement of the entire leg- actually it was ab=cd or 1 tick above the 38 fib which was the place to continue the short.

 

have fun and start to paper trade using just price and volume.

if you notice- i do not use any indicators at all- the moving average is just a reference tool.

 

http://i.imgur.com/BCuDWmD.jpg

[⭐ dotrading]

Seen what I think is the set up...please correct me if I'm wrong.

The pullback to the MA, blue arrow = entry long.

 

The exit is my own thingy...Was looking for to exit at the S1/near the +2SD vwap...good for 1pt. :-)

Thanks Jane.

 

https://www.sendspace.com/file/8xrhmf

[Traderbeauty]

Seen what I think is the set up...please correct me if I'm wrong.

The pullback to the MA, blue arrow = entry long.

 

The exit is my own thingy...Was looking for to exit at the S1/near the +2SD vwap...good for 1pt. :-)

Thanks Jane.

 

https://www.sendspace.com/file/8xrhmf

Very Good dotrading-

but again - you cannot or lets say - you should not trade this pattern just literally - you need to have a REASON to enter- but still- very good.

[manihag]

hmm, for now i don't see how this is helpful. maybe i don't understand what you mean, but all we have so far is a way to execute trades - a trigger if you will. imo it doesn't matter what you use as a trigger, if it's acme trend, a couple of downticks, a certain volume threshold, another arrow-plotter or whatever probably gives you the same entries/probabilities/winrates/riskreward etc. maybe i'm wrong but the way i see it, the trigger is only the very last piece of the puzzle. of much greater importance would be to know WHEN, WHY and WHERE to enter a trade. how does it give us an edge to trade based on a green/red moving average?

 

so, what do you need to see (on higher timeframes/fibos or whatever) in order to consider a trigger-arrow "the right one"? i see that you work a lot with fibs, but what in the end creates the expactancy you have before entering a trade - or in other words: what do you in that situation know what others like us don't? if you don't mind i'd appreciate if you explain your fibs-method in greater detail...

thanks anyway!

[seo74]

i only use LIMIT ORDERS- never market.

 

dont have time now but look what happened live after i said run away from the short- it went up and got to the 38 fib retracemement of the entire leg- actually it was ab=cd or 1 tick above the 38 fib which was the place to continue the short.

 

have fun and start to paper trade using just price and volume.

if you notice- i do not use any indicators at all- the moving average is just a reference tool.

 

http://i.imgur.com/BCuDWmD.jpg

 

vevy good;)

 

tks

[seo74]

Anybody can share Logic Volume Wand HD

 

tks

[Traderbeauty]

hmm, for now i don't see how this is helpful. maybe i don't understand what you mean, but all we have so far is a way to execute trades - a trigger if you will. imo it doesn't matter what you use as a trigger, if it's acme trend, a couple of downticks, a certain volume threshold, another arrow-plotter or whatever probably gives you the same entries/probabilities/winrates/riskreward etc. maybe i'm wrong but the way i see it, the trigger is only the very last piece of the puzzle. of much greater importance would be to know WHEN, WHY and WHERE to enter a trade. how does it give us an edge to trade based on a green/red moving average?

 

so, what do you need to see (on higher timeframes/fibos or whatever) in order to consider a trigger-arrow "the right one"? i see that you work a lot with fibs, but what in the end creates the expactancy you have before entering a trade - or in other words: what do you in that situation know what others like us don't? if you don't mind i'd appreciate if you explain your fibs-method in greater detail...

thanks anyway!

 

a little patience.

i cant explain everything in 5 minutes. this is not a webinar or a book, i show when i have time .

[carlitus1234]

Logik volume Wand

 

Anybody can share Logic Volume Wand HD

 

tks

 

https://www.forexupload.com/60Z

 

1 - Unpack

 

2 - Put .dll file in folder:

 

/user/documents/NT7/bin/custom

 

3 - Restart Ninja

 

Credits to this forum for this indicator. Got it some time ago, and I don't remember who's original poster

[Traderbeauty]

Falling asleep here so here is a great example from this morning- you have to see where the market reacted and if the signal you get on the scalper makes sense then take it.

look at the renko 4 tick look at the arrow on the right- market made a double top and two divergences by a tick on the left arrows so taking a short there made sense - you wait and then you get the confirmation on the renko 1 scalper- was good for few points and you could have taken that short on any of the arrows shown on the renko 1 chart

 

http://i.imgur.com/jlsN9QN.jpg

 

http://i.imgur.com/hUFBiVr.jpg

[kenny123]

Falling asleep here so here is a great example from this morning- you have to see where the market reacted and if the signal you get on the scalper makes sense then take it.

look at the renko 4 tick look at the arrow on the right- market made a double top and two divergences by a tick on the left arrows so taking a short there made sense - you wait and then you get the confirmation on the renko 1 scalper- was good for few points and you could have taken that short on any of the arrows shown on the renko 1 chart

 

http://i.imgur.com/jlsN9QN.jpg

 

http://i.imgur.com/hUFBiVr.jpg

 

Nice and clean TB, keep it up. How long have you been trading this method?

[⭐ dotrading]

Very Good dotrading-

but again - you cannot or lets say - you should not trade this pattern just literally - you need to have a REASON to enter- but still- very good.

 

Thanks Jane. I will keep that in mind tomorrow. I appreciate you showing the 4-1 chart as well. Helps to see what you are looking at fib wise.