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Trading is this Simple? Finally Explained simple and clearly! 46 replies

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More simple is impossible

Quoting dee50
GER30+33x6+129x3+73x6. Second half of my long trade finally got hit, In between I managed to get a CT back to the 38% retr and then I played the long back into trend from the bounce off the 38%, so all in all not a bad day, you really needed to have patience today, a lot of back and forth, a lot of bars with Long Tails showing sellers putting up a fight but each green bar with a long tail just confirmed the direction. Also, every single red bar had a long tail too showing that the buyers were not making it easy. Remember! The clues are always on...
Great points about the wicks...will pay more attention to that in the future​
I have been watching this thread and reading most of the posts and am very impressed with the trading here and highly impressed with dee50.I am new to forexfactory and new to mt4 . I have downloaded the indicators from dee50 attchments but i just cant get the renko thing to work .It looks elongated and prints very very fast like its a 1 renko and not a 10 renko .Can anyone tell me how to fix it
Quoting bettervolume
I have been watching this thread and reading most of the posts and am very impressed with the trading here and highly impressed with dee50.I am new to forexfactory and new to mt4 . I have downloaded the indicators from dee50 attchments but i just cant get the renko thing to work .It looks elongated and prints very very fast like its a 1 renko and not a 10 renko .Can anyone tell me how to fix it
Welcome. Common problem with the brokers, they use different decimals which confuses the EA.
For the 5 Renko simply try 50, or 500 or with one broker I had to use 5000 for the Renko bar size, one of those will work equally for the 10 pip Renko it is either, 100, 1,000, or 10,000.
Cut your Losers short and let your Winners run.
thanx dee will give it a try .am using fxcm
GER30.+40x6+50x6+43x6. No brainers. price hit weekly S&R with Divergence after that it was shorts. i have marked the points of relevance on the chart. had to deal with stuff this morning so missed the morning session.

Well, i have not been to a Spanish funeral before, Jeans and Tee shirts, not a suit and tie in sight, you congregate out side the mortuary, they eventually open and give you the body, you put it into the hearse which drives 300 metres up the road to the cemetery where the body is interred in a crypt, then it is all down to the local bar and a good time is had by all. What an utterly sensible way to view a persons passing. Obviously the more important a person was the more pompous the occasion, but on this occasion, it was plain and simple.
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Cut your Losers short and let your Winners run.
Found a new tool - GetRichArt EA. I'm going to test it next week. And Billy888 is making a killing with it. More pips than our dee50. I never thought it would be possible?
And then there is this JibalaPasan girl making hundreds of pips a day trading DAX.
Have a look here.
:: everything is awesome ::
Quoting dee50
GER30.+40x6+50x6+43x6. No brainers. price hit weekly S&R with Divergence after that it was shorts. i have marked the points of relevance on the chart. had to deal with stuff this morning so missed the morning session. Well, i have not been to a Spanish funeral before, Jeans and Tee shirts, not a suit and tie in sight, you congregate out side the mortuary, they eventually open and give you the body, you put it into the hearse which drives 300 metres up the road to the cemetery where the body is interred in a crypt, then it is all down to the local...
I have attended way too many funerals here in the Philippines..... being under Spanish rule for 300 years funerals are a lot like you described. The body lies in state for a week in the family home. A big tent goes up and it is nonstop eating,drinking and gambling. After a week of this there is a church service followed by more eating,drinking and gambling..
Weddings ironically are much more formal and somber lasting only 2-4 hours.........BTW....no divorce in the PH...
Guys, sorry for inactivity last days, I am very busy with creating my new PDF about J.Ross with Stoch and MACD, there is no time for posting my trades, but this week I reached 100 pips target again and at Monday I am going on Real account, so wish me luck guys !


I wish you all nice and full of relax weekend, see you in new week !
hello need some help .I am trying to get renko bars on mt4 using fxcm .This what I am doing .
1)I open a 1 min chat ger30 and add the ea renkolivecharts to it
2)It then tells me to open a m2 offline chart
3) I then add all the indicators to the m2 offline chart
but it doesn't work .I have tried to change from 10 renko to 100 renko and this is what I get
can anyone tell me exactly how to do this
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http://www.forexfactory.com/showthre...49#post8584749
thanx MINUTE I think its working now
HELLO everyone can anyone tell me where can I find the brn indicator .Also I see RH on the charts what does RH mean
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Dax 30,,,7,6,6,7,12,11,13,15......just sat down at the computer 30 minutes ago. Saw a couple higher lows on the renco 3 chart so jumped in for a quick scalp when the stochs showed oversold ....closed it in less then a minute for an easy first trade of the week....should have hung on 2 more minutes...lol...oh well. Pips are pips...
.......second litter of 4 trades was more professional. In at stochs OS and out at BRN...

Big thx to Dee....
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dax 6x21....in after the higher low was confirmed along with a nice divergence that kept me in a lot longer than normal...[14 minutes ]......out at fib and BRN
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dax ...14,15,9,13,18,17...in at fib 50,macd OB, and 123...out at BRN and fib 61.8.......

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Quoting PhilippineFX
dax ...14,15,9,13,18,17...in at fib 50,macd OB, and 123...out at BRN and fib 61.8....... {image}
Nice!! Looks like there is something funky going on with the tails of a couple of your renko bars though?
Quoting superjolt
{quote} Nice!! Looks like there is something funky going on with the tails of a couple of your renko bars though?
Its funky but i just ignore it
I though that what Dee50 is trading is impossible to repeat.But sometimes I see that is possible.This day is for me little light in the end of tunnel.
+98,+35,+47,+51,+15 = 246 .Crazy result,few weeks ago I thougt it's impossible to do it.

Everything is on the chart.Starts form Div on 10 renko.Yestarday was floating so we could except that today price will go in one direction.I didn't fight with the trend today which I do it a lot of times before.Next entries(2 was too fast) was on dyv on 5 and 3 renko,TW little helps.
I have still problem which painting SR which is very,very important.
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Great work...good breakthrough... thanks for sharing.​
+52,-5,S 10932 (+30) ongoing

1 trade.Div on 3 renko and SR.Close on div.There wasn't div on 5 and 10 renko so i decide to close on nearest Fib.
2 trade"Div on 3 renko.Should close BE
3) Div on 3 and 5 renko and fid.Ongoing.

Edit:Close last trade 10 900.+32 BRN and div on 3 renko.Enough for me for today.
Balance for all day - 323 pkt.Amazing.I'm so shocked.
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