Dislikedwhy is dax so dead all my trades today I lost on dax and made it up on gbpy jpyIgnored
Best, Josh
Trading is this Simple? Finally Explained simple and clearly! 46 replies
More easy is impossible 17 replies
long-run profits impossible with short-term trading? 39 replies
Dislikedwhy is dax so dead all my trades today I lost on dax and made it up on gbpy jpyIgnored
Disliked{quote} Hardly dead, it made a 170+ pip move up this morning, but looks like it ran out of steam. Now looks like a 123 reversal, if my theory is correct. It was dead yesterday as we had a consolidation day. Best, Josh {image}Ignored
Dislikedyeah i think i wake up too late to catch the moves when i got to the computer the move was done {quote}Ignored
Disliked{quote} I've settled on the JRSX and Stoch indicator's. The JRSX really helps me gauge strength and spot divergences better than the mac-d (if it's above or below the 0.5 level the swing has more strength, and if it's within the 0.5 levels it's weak.) I like to see weak pullbacks and hop on for the ride. I agree that the stoch can give repetitive clues as to what price is doing. .Ignored
Disliked{quote} Hey Keith, please post examples of what you mean by weak pullpacks, thanks,Ignored
Disliked{quote} Hey Keith, please post examples of what you mean by weak pullpacks, thanks,Ignored
Disliked{quote} Here is a little more detail. I add each swing together to estimate what the next swing could do (along with reading price action HH HL LH LL). For example: Moderate down - Weak up = Short Strong up - Strong down - Weak up = Short Again, this all makes sense in my head so hopefully it's coming across correctly. {image}Ignored
Disliked{quote} Thanks, I see you are no longer a captain America fan What I get is once you determine a bias, you use the JRSX to gauge if the pull back is temporary as in the bias is going to resume by how far the reading is -below 0.5 means the bias is likely ending, and above 0.5 means the move is likely resuming. Something like that?Ignored
Disliked{quote} Hey Intrepidpips, this is what I mean by weak pullbacks. The indicator shows signs of weakness/strength. Hopefully that makes sense. {image}Ignored
Disliked{quote} Do you think this can help catch tops and bottoms? {image} {image}Ignored
Disliked{quote} Hey Friska, good to see you mate. I am not sure you remember me as I didn't actively post much earlier in the thread, but I have read your post here and really like your trade logic. Best, JoshuaIgnored
Disliked{quote} Here is a little more detail. I add each swing together to estimate what the next swing could do (along with reading price action HH HL LH LL). For example: Moderate down - Weak up = Short Strong up - Strong down - Weak up = Short Again, this all makes sense in my head so hopefully it's coming across correctly. {image}Ignored
Dislikednow that I have traded dax live I can only say this ...I don't think you can trade with renkos only you must also look at your time charts because there is a lot of ambiguity in the renkos ....a double bottom can also be a 123 ...how can you judge with renkos only the direction of the market ..???? I really don't know how dee50 does it ....but with time bars you can see a wide bar and a narrow bar .....everytime I took a trade with renkos only I lost money but when I look at the time charts together with renkos I made moneyIgnored