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More simple is impossible

  • #6,261
  • Mar 22, 2016 10:35pm Mar 22, 2016 10:35pm
Loving this thread. One crazy question. What is BRN? Been trying to find a definition.

Also FXCM Canada won't allow DAX or GER 30 on it's mt4 platform. Has anyone else run into this problem. They lock up the platform all the time. Then have to reboot. Any suggestions?

Thanks. Rabbit hole here I come!
  • #6,262
  • Mar 22, 2016 10:50pm Mar 22, 2016 10:50pm
Quoting Parr
Thx guys I added screens. One more trade +47 pkt {image}
Hi, what are your TMA settings?
thanks
  • #6,263
  • Mar 22, 2016 10:52pm Mar 22, 2016 10:52pm
Can someone point me to the post where the current indicators are. I am not able to locate it. I did find a templete though. Thanks in advance.
I love forex. One day it will love me back.
  • #6,264
  • Mar 23, 2016 12:07am Mar 23, 2016 12:07am
Quoting mitch
Loving this thread. One crazy question. What is BRN? Been trying to find a definition. Also FXCM Canada won't allow DAX or GER 30 on it's mt4 platform. Has anyone else run into this problem. They lock up the platform all the time. Then have to reboot. Any suggestions? Thanks. Rabbit hole here I come!
BRN = Big Round Number
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,265
  • Mar 23, 2016 12:08am Mar 23, 2016 12:08am
Quoting fads
Hey BBalazs, nice results! I have a question about the bricks size, do you use 5 and 10 pips in your trading? Or just 10?
Thanks! I use 5 pips bricks for my entries, but do the analysis on the 10 pips.
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,266
  • Mar 23, 2016 3:35am Mar 23, 2016 3:35am
Quoting mitch
Loving this thread. One crazy question. What is BRN? Been trying to find a definition. Also FXCM Canada won't allow DAX or GER 30 on it's mt4 platform. Has anyone else run into this problem. They lock up the platform all the time. Then have to reboot. Any suggestions? Thanks. Rabbit hole here I come!
Have your tried Pepperstone?
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,267
  • Mar 23, 2016 5:25am Mar 23, 2016 5:25am
dax bullish till easter?
  • #6,268
  • Mar 23, 2016 5:27am Mar 23, 2016 5:27am
Quoting dee50
GER30+19+50 +ongoing. Just to finish the day. I will not be trading 2morrow, and then it is all the Easter stuff so cu next week. have a good one. {image}
may you and your family enjoy easter
  • #6,269
  • Mar 23, 2016 5:33am Mar 23, 2016 5:33am
Quoting bettervolume
dax bullish till easter?
Don't predict, follow the PA
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,270
  • Mar 23, 2016 6:05am Mar 23, 2016 6:05am
Quoting BBalazs
{quote} Don't predict, follow the PA
well said bblazz
  • #6,271
  • Mar 23, 2016 6:24am Mar 23, 2016 6:24am
hello bosses, i would like to know if any one could hep me with an indicator for BRN, S/R and a good TM for MT4 thanks...#dee50, bettervolume, fillipinex.
  • #6,272
  • Mar 23, 2016 6:28am Mar 23, 2016 6:28am
Quoting amoc
hello bosses, i would like to know if any one could hep me with an indicator for BRN, S/R and a good TM for MT4 thanks...#dee50, bettervolume, fillipinex.
Suit yourself
Attached File(s)
File Type: ex4 SS_SupportResistance_v06.ex4   74 KB | 298 downloads
File Type: ex4 SweetSpotsGOLD_TRO_MODIFIED_VERSION JV.ex4   14 KB | 288 downloads
File Type: mq4 milaneseAPTM_218.mq4   65 KB | 386 downloads
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,273
  • Mar 23, 2016 6:31am Mar 23, 2016 6:31am
Quoting mitch
Loving this thread. One crazy question. What is BRN? Been trying to find a definition. Also FXCM Canada won't allow DAX or GER 30 on it's mt4 platform. Has anyone else run into this problem. They lock up the platform all the time. Then have to reboot. Any suggestions? Thanks. Rabbit hole here I come!
BRN means ROUND NUMBERS, Basically numbers ending with 2 zeros and above like 1.1200,1.1000,1.0000(the more the zeros the stronger). they help to guide as to when to enter and exit trades, i believe you should get a better understanding of it from reading this thread from the beginning.cheers
  • #6,274
  • Mar 23, 2016 6:32am Mar 23, 2016 6:32am
Quoting BBalazs
{quote} Suit yourself {file} {file} {file}
you're great , thanks alot.
  • #6,275
  • Edited 6:52am Mar 23, 2016 6:36am | Edited 6:52am
Quoting dee50
{quote} I couldn't figure out what you were on about at first, I'm a bit slow today, but now I get it. The great world of Forex Trading except we are not trading Forex with the DAX and especially not CFDs, they (the brokers) get away with manipulating currency tick data, but they actually do what ever they want when it comes to CFDs. It is a shame that they can not deal fairly with their clients it would not take much, and they would still make plenty of money. GREED the strongest emotion in the world, not love or jealousy, unfortunately the people...
Hi Dee50 and all other members in this thread!
It's great what you are doing here, really a great thread, because it is really working! :-)
I read all your posts since around 3 months, but only reading, not writing. You showed me that I should trade the dax!
Yesterday I have seen the question about price differences but I was on my mobile phone and could not answer. Now I have seen that you have already the answer. Sorry for my late answer.
I am watching the price differences between different brokers since around 3-4 weeks. I saw it because I compared every trade from you with mine, and there was always a difference of around 30-40 points. I tought that is impossible, I trade since around 15 years, but only currenys and and sometime futures, but I never was trading the dax.
I have 3 broker, and I compared the prices, 2 brokers have the same price, and also the same price from the dax realtime, but they are also CFD's. The third broker is one of the biggest in europe and has a difference from about 30-40 points, thats unbelievable! It is also my opinion, they can do what ever they want in the background and correct little mistakes they made. Unbelievable!!!
But the biggest problem I see is when there is a round number at one broker, but in realtime price is already 30-40 points above or below.
If we trade CFD's, I think we should look for a broker who has at least the same price like the dax in realtime.
Once again, sorry that I am a little bit to late with my answer, and many thanks for this great thread!
Kind Regards Erkro
  • #6,276
  • Mar 23, 2016 7:04am Mar 23, 2016 7:04am
That's the mother of all compressions on DAX at the moment. Monthly SR in sight too. Don't know what to make of it for now, will let it resolve to avoid the trap.
Hidden in plain sight.
  • #6,277
  • Mar 23, 2016 7:27am Mar 23, 2016 7:27am
Quoting jakucha
That's the mother of all compressions on DAX at the moment. Monthly SR in sight too. Don't know what to make of it for now, will let it resolve to avoid the trap.
Yep, its a very frustrating session so far. Best idea is to go to lunch.
  • #6,278
  • Mar 23, 2016 8:26am Mar 23, 2016 8:26am
I bet dee50 will be bored today at home and he will take a trade
  • #6,279
  • Mar 23, 2016 8:34am Mar 23, 2016 8:34am
since nobody is posting I thought I will post
Attached Image (click to enlarge)
Click to Enlarge Name: y230.png Size: 45 KB
  • #6,280
  • Edited 9:13am Mar 23, 2016 8:45am | Edited 9:13am
Lol. This has been a rather poor session for me. I have been taking many BE+2s, and a few poor calls that i cut off. (will post later so we can all learn from my stupid mistakes) However, there is a trade a took for a meager +17. Anyway, the 10 pip chart formed a div and a 2B. This is followed by a trendline break and a 1-2-3 on the 5 pip chart, that also printed a divergence. Now, the 1-2 was a 38.2 pullback, stongly indicating that i should have targeted a 168 or 200 extension. Instead i targeted 127% where i saw some S/R. Result + 17 but could have made 38+ easily if i remembered to bring my brain and ballz to trade with today.
Edit - chart annotated.
Attached Image (click to enlarge)
Click to Enlarge Name: ger30 + 17.png Size: 113 KB
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