Calm down there friend, you are not being attacked.
I don’t ‘guess’ which way price will go I trade in the direction of profit which is simply the idea that
IF BODIES ARE CLOSING HIGHER THEN PRICE IS PROBABLY NOT GOING LOWER.
And again you have right when you write “IF BODIES ARE CLOSING HIGHER THEN PRICE IS PROBABLY NOT GOING LOWER.”
And this is the reason im was write my point of view this strategy.Beacause if i dont understand basic i dont need profesional monay managment(your space and point about safe position). If im still take wrong direction even best MM cant help 
So dont write “You try too desperately to be right” because i TRY only understand this something line.
But you can write that 95% people try too desperately to be right and they still play in forex 
you know. Stochastic,MA, MACD and other great stuff create to lose money.
So i still want say that this body in direction for me is “body close over H/L”
Please look on chart:
-
This is Daily Low. I know that there people dont entred in this time because this is LOW, this mean price was never lower then this point. So i was thinking that i must find point where people entred and holding his positions.And this point for me is linie number 4.
-
Point 2 show us new daily Low. In my opinion "95% trader " entred in market when price break previus daily Low. In this way we go higher because we dont close lower. Now i think we have power his SL. And we eat this SL.
-
If we still close higher than something we go higher But if close under something we go lower. Point 3 is Daily High and line something for me. And now we close below that line. hmmm or not. we will see
Bluepoint,
I have been right where I think you are. Not even feeling like you can know what direction to trade in (in a nutshell)?
Alot of traders, overthink, overcomplicate trading, we all trade different to how our mind works. Remind your self to think simple, because it really is ( I still often forget) Forum learning often is difficult due to interpetation. SOM doesnt give up on us noobs! 
(0r slow learners like me) I post this chart not to show you or tell you how to trade but to maybe show the simplicity side it can be. Just using the trendsetter indi, and what SOM says “If bodies are closing higher then price is probably not going lower” I will add to it “probably going higher” Take a look at the trendsetter below. All they have is a high and a low. Simple. Any ts bar that is momentum, (2x or bigger than previous) I mark a 50 percent area of the bar. So now I have 3 imaginary lines, high, low and a 50 percent of the body. SOM has said before somewhere… we only need a few candles, bars, to trade with. I use the 50 percent line or the open of the ts bar as my something line. As long as price continues to close higher than my something line, isnt price going higher? Simple…Now SOM I hope will confirm, this is my current belief in my though process, is using the ts on a weekly time frame. Closing higher, means long…well imagine trading on a 15 min or hourly using ts with the weekly being bias…you create space…then increase lotsize…and protect space. Enough for now…I want to see if this helps or hurts you, and SOM, tell me yay or nay or…keep trying…
-dojirock
Try moving your “something” line to the high or open of only short candles and the “something” line to the low or open of long candles. What do you see??
-dojirock
Try moving your “something” line to the high or open of only short candles and the “something” line to the low or open of long candles. What do you see??
Could you show me on What candle you talking about?Where i should move my line
Lines are discretionary with simplistic rules or variations, but see how price closes above or below “something” and continues in that direction?
-dojirock
I use discretionary lines similar to those shown above in Dojirock’s post.
There is nothing magical about the lines, they are just part of your own personal plan.
I understand what Bluepoint is saying about breakouts:
I’m not saying anything’s right or wrong but sometimes, in a hindsight chart we see what we want to see. In a realtime chart things are surprisingly different.
Trade from the extreme - at the open both extremes are where?
I would post Bredins II Vid from youtube but I need 5 posts to post links, someone else might, and he draws lines, search it, Bredin II Vid1
I think I can now post in this thread.
My biggest downfall in forex was finding the trend.
Well, all that changed this week for me.
As I have been using whole numbers as my S/R
32-1 this week, 41% increase simply using this tactic.
scalping fractals at range Hi-Lo, using 00’s and 50’s as starting points if not broken,
Hard to explain, because I have a great deal of swagger, cant teach that…
Play the whole number bounce, with AO/AC coorilation,
Great profits to all,
You can lead a horse to water, its his choice if he’s thirty enough to drink,
Very nice. Swing highs and swing lows, that’s real baby pips. However it doesn’t answer the question which I asked which was where are they at the open - those highs and lows are PREVIOUS extremes. At the open the current extremes are…in the same place as the open and do not become an extreme until, in hindsight, they are fixed in stone i.e. at any periods open the open high and low are all the same price. ‘Trade off the weekly high extreme’ - ‘I did: at the time it was only 5 pips above the open’
Having put this indi on the chart again, it lines up with a trade I put on earlier today. My reasons for taking it were different, but this methods seems to line up with what I do/use, hence the interest. My reasons for taking it were swing high break on the H4 (momentum/trend), H4 wedge pullback. Then a breakout of the wedge on the 15 minute. I’ve shown where my entry was on the M15. I was within a gnats whisker of closing the trade actually as 15 minute candles had closed beyond my point of no return but the H4 hadn’t so I held on for a bit - off it went in my favour. Lucky this time, as Euro was yesterday too.
And that was the reason for my question/statment re extremes, you can see past extemes all over the shop and while they sure look purdy, we all know the story. What is happening NOW is more important with an eye on those past extremes for possible exit targets. The current extremes just form with current PA.
Price has got to break out of that top now though, atm it’s coming straight back at me.
I never said that picking THE long term extreme was going to be easy :51:
If you are going to go long then it is advantageous to back yourself to a daily+ extreme:
- price spends most of the time ranging between two points as opposed to expanding the range (trending).
- while the extreme is not a fixed point on the chart, a yearly extreme will always be a yearly extreme on a yearly chart.
- larger periods have larger ranges &, at some point, ranges of hundreds of pips
Price WILL MOVE 100’s of pips from THE extreme.
To the other posters:
I do not trade like Bredin, ES/PIP, or Dragon33; we may share methods here and there but we are all as different as morning and noonday.
I trail positions behind 00’s & 50’s when trading 10 x 2 Point & Figure charts.
Very nice gain MoneyNVRSleeps, don’t let anyone ever tell you what is & is not possible.
What is AO/AC correlation?
-dojirock
OK, so re 2 you’re saying that on cable the only viable trade was on the 27/28th off what became as we now know [I]the[/I] weekly low, as far as we know so far. And that todays trade off what we now know to be [I]the[/I]
daily low wasn’t/isn’t viable? So you wouldn’t be looking for another long unless price drops down below 170? Now imagine yesterday was Friday and today is Monday - in that case I traded off the weekly low. You’ve said yourself with your combination candles that, in effect, when time periods start and stop is not relevent (I agree), therefore, if I choose for my week to begin on Wednesday and say ‘this’ is the weekly low from my reference point, by the same logic, it is.
I’d also add that I agree that price moves hundred’s of pips from the extreme but it’s jolly important to choose the right direction from the right extreme otherwise it’s going to move hundreds of pips against you: price also moves hundreds of pips from the open TO the extreme and if it’s a period that finishes being all body from the open and no wick, someone just took a beating.
Ok
1)I trade in the direction of profit ie candles are closing over something.
2)I take these trades when I can position myself at long term extremes or swings.
It is this ‘Blackmagic’ that I refer to as Space that ties everything together.
As time goes by I will move up the periods, larger bodies will close over ‘something’, and I will continue in the
direction of profit.
I am not going to sit here and expound on something so simple, either it makes sense to you or you do something
different.
Remember that this thread is not about how I trade, although it was asked of me in the beginning posts, it is about the
TS Indicator.
When i was show people how i understand playing off of daily extremes and they start to showing me i dont have right I think I speak Chinese. I learn the history of trying to use the Daily extreme, and almost everything goes well. But as it says MOS everyone playing his way. When you study historical data and you use only price to analize chart every thing is like on real time because you based on close candel not indactors like MA. But in my opinion the most important think that people dont understand is that Daily low/high is not when you watch D1 chart and you see wick. Because people dont entred there because this is LOW/HIGH so price never was lower/Higher than that point(People entered earlier). And this is all i think.I know noone cant understand my thinking (bad english and personal point of view).
And this is interesting. because price doing exacly this same on all time frame. So if we have H1 momo candle close above/below “something” and then price return and you have possible to entering and price go in your direction . When you have this candle H1+action +reaction you have several candle looking exaclly like momo bar and this candle is still closing above “something”(but you must do that this same with point something. Then you again have action and reaction and you still create biger and biger candle momo.
I see this in this way.
Maybe iam wrong, But i willbe still trying improve my own method.
price also moves hundreds of pips from the open TO the extreme
If daily start time is dosent matter so do you belive that open/close is matter? all people what i know place SL at extreme(if Play M15 they using M15, Or bether they place SL below/above daily L/H and thay told something like this"If price cros this point nothing help me. and almost evry time price cros this point, cut his transaction and then going in his way what they have transaction.(EDIT: but this is not all, usually they entering new positon,guess what :D) But this is only my point of view