We will have a friendly, serious and constructive atmosphere here.<\/p>\n
This part of our blog is for TPA only and won`t get as \u201cmessy\u201d as on other platforms.<\/p>\n
There won`t be 10,000 useless posts about nothing, where everybody will get confused and lost in the end.<\/p>\n
We will arrange this blog to make it easy to find all answeres, even when a trader joins us in about six months.<\/p>\n
A section with questions and answeres will be build, to find help very quickly.<\/p>\n
You will find many screenshots with explanations and live trades to illustrate.<\/p>\n
Our goal is to make beginner-and experienced traders able to read between the lines and overcome some \u201cmainstream\u201d thinking, which usually leads to losing most of the time, or even giving up.<\/p>\n
Everything you see and read on our blog, is for education only and will never be a trading advice, as trading is in your own responsibility !!!<\/strong><\/p>\n Ok, let`s start !<\/p>\n TPA True Price Action is NOT another indicator build out of a mix of existing algorithms or a magical fortune teller \u201cget rich over night\u201d tool !!<\/p>\n TPA is revealing, what market makers are actually doing in a certain amount of time.<\/strong><\/p>\n Therefore signals are only generated in the second, a candle closes, to confirm the market makers price action.<\/strong><\/p>\n As you certainly know, everything can happen during a \u201copen candle\u201d and we need serious informations, not a \u201cmaybe\u201d !<\/p>\n If a M15, or a H1 candle, for example, is closed, you know for sure, who is in control and dominated the market, the bulls or the bears.<\/p>\n And here is the difference between TPA and common indicators.<\/strong><\/p>\n TPA shows the facts about the bulls or bears and common indicators do, what they are supposed to do:<\/p>\n \u201cIndicate\u201d<\/strong>, based on a mathematical formula, but not based on real actions in the markets. Especially indicators moving between a boundary of 0\/100, like Stochastics.<\/p>\n Don`t get me wrong, I am not saying that those indicators are not profitable in some situations.<\/p>\n But what I say is, that you are the only person who knows exactly how many times a \u201coverbought\/oversold\u201d and \u201cdiffergence\u201d situation, \u201cfooled\u201d you into many losses over the years.<\/p>\n One very important reason, why we developed TPA, is:<\/strong><\/p>\n What about \u201cconvergence\u201d in the logic of MACD ???<\/p>\n You know,\u00a0<\/span>M<\/strong>_oving\u00a0<\/span>A<\/strong>_verage\u00a0<\/span>C<\/strong>_onvergence\u00a0<\/span>D<\/strong>_ivergence.<\/p>\n What indicator signals ALL candles moving \u201cconvergent\u201d ??? Not A SINGLE ONE does !!!<\/strong><\/p>\n What about all the missing opportunities to follow the market makers candle by candle, one after the other and\/or reentries after a pullback, or a \u201cdiscount move\u201d to convince \u201cthe others\u201d to join in, to go into the same direction? (Just one example of \u201creading between the lines\u201d ).<\/p>\n Did you ever asked yourself, while staring at Stochastic, RSI or CCI or what ever indicator, why doesn`t it trigger an alert on every candle, maybe five in a row, with the same color ???<\/p>\n TPA shows exactly what is going on between the bulls and the bears !<\/strong><\/p>\n Without repainting or recalculation, candle by candle, even ten in a row with the same color. If there is an arrow with a dot, or just a dot, it stays there, no matter what happens next, no matter what market, no matter what timeframe. (One example of overcome \u201cmainstream\u201d thinking)<\/p>\n \u201cArrow with dot\u201d signals a change in control between the bulls and bears.<\/strong>\u00a0<\/span>You can turn off the arrows, if you don`t need that extra information, or if you want less signals on your chart. You can see the \u201cchange\u201d by the different color of the dots too.<\/p>\n \u201cDot\u201d signals a reentry, or a scale in (add on) trade into the current trend<\/strong>\u00a0<\/span>direction.<\/strong><\/p>\n One of the tremendous advantages of TPA is, that you can reduce your traded assets, or instruments, to a fraction of what you are used to !!<\/p>\n Why? Because \u201cconvergent\u201d trading, or following the market makers, signal by signal, enables you to produce more profit with less instruments.<\/strong><\/p>\n Imagine what that means to your everyday life as a trader ! If you can overcome the \u201cmainstream\u201d thingking, not to miss a trade on every of the 28 forex pairs, or being present at all markets at the same time, of course \ud83d\ude42<\/span><\/p>\n More details will follow, with examples and pictures.<\/p>\n So please stay tuned !<\/p>\n <\/p>\n Hello, TPA traders ! Thank you for your patience!<\/strong> \ud83d\ude42<\/span>\u00a0<\/span>Two days later now.<\/p>\n Please do not forget to read from the start (if you jumped right to the fresh post), to make sure, you don`t miss important things to know !!!<\/p>\n Today I show you a pictures without any filters, the core of True Price Action of the market makers. The meanings of arrows and dots will be explained also.<\/p>\n True, because that way, you get ALL signals right away<\/strong>. Those, which show the beginning of a pullback (or a \u201cdiscount-move\u201d). Those, which show the reentry back into trend direction. And those, which show the end of a move and the beginning of the move into the other direction.<\/p>\n Yes, of course those signals too, which occur in flat, or consolidation phases and leading not into a extreme profitable trend with many reentries \ud83d\ude42\u00a0<\/span>We will talk about those situations later.<\/p>\n Remember \u201cconvergence\u201d? Every singel candle with definitve power into the same direction, triggers an alert at close<\/strong>\u00a0<\/span>by TPA.<\/strong><\/p>\n The second picture of today, shows the same situation, but with short-term filter, default settings. We used those settings, because market makers are using them since many years, until today.<\/p>\n As you may know, using a filter, has always two sides.<\/p>\n One:<\/strong>\u00a0<\/span>It can avoid needless and costly exits in the middle of a beatiful move, just because of one or a few unimportant candles into the opposite direction.<\/p>\n Two:<\/strong>\u00a0<\/span>It \u201ccuts off\u201d the beginning and the end of a move, because of setted \u201cperiods\u201d and therefore \u201clate\u201d signals. Think about higher timeframes with setting 21 and how long it takes, until you get the awaited signal.<\/p>\n You can decide either to use \u201cfaster\u201d settings, to get earlier signals after the start and end of a move, or \u201cslower\u201d settings, to get signals later. Maybe \u201csafer\u201d signals, maybe \u201cto late\u201d signals to make profit.<\/p>\n Key is to find a balance and not to think, there is the \u201cone\u201d setting for all market situations, a common, mainstream taught thinking.<\/p>\n Different market situations require different settings, if a filter is used at all.<\/strong><\/p>\n Ok, here is the first picture I was talking about. You guessed it right, the action starts after Frankfurt and London sessions open on the left and holds even after Tokyo session. The next day, same action, but into the other direction after sessions start all over.<\/p>\n You all can get a extraordinary tool<\/strong>, complementing TPA True Price Action in the next days. We tried to publish it earlier, but there is just to many work to do. We are sorry.<\/p>\n Please take a look at the \u201cflat\u201d or consolidation phases too. This happens mostly outside the sessions, when market makers \u201ccount their profit\u201d ;-).<\/p>\n <\/p>\n <\/p>\n![\"\"](\"https:\/\/investsoft.eu\/blog\/wp-content\/uploads\/2019\/08\/blog-1.png\")
<\/a><\/figure>\n