More simple is impossible

Let's see how this ride ends...

, mostly LO, yes 5 points


very good entry with high probability

May I ask you what's your profit target per trade?
Because, thats my problem at the moment... Iam always hunting for the big move and it sucks to get out at BE when I was up by 50+ points

Iam using a 10 point brick size at the moment, 5 points is (at least for me) way to fast, especially when it moves quick...

10 p. bricks.
Currently up by 45 p. and let it run... betting on a higher breakout north.

Still bullish signal!
Hovering it at around 65 points in profit... 25 p. locked in. Target 13350.

A partial answer here HERE. I usually don't have a fixed target for 2nd position, but certain levels or patterns. I usually close the 1st position after +6 +10 with BE for 2nd. You can to check my older posts for more examples.

I read somewhere that the best place to exit is also the best place to enter

If I can add to the question of the target on your last chart: your hid. div is correct, but without having seen the charts up to this point, I personally would have already been outside on the 1st divergence, even though it then turned out that the market went even higher. After that I would definitely go out on 13 300, there is a pattern of 3 Indians and then there is also forming a pattern H&S in the play. It is very important to always take profits! If the market goes up, you can enter again, if it goes down, you can trade those patterns. Just my 2 cents

I wish everyone a nice weekend.

Chers @LiboCop for your answer and top notch analysis!!

The reason why I just kept holding the position was the reason that it was a friday ;-)
Usually the Dax tends to go in one directon 90% of the day on fridays... But it's not hammered in stone

And thanks for the hindsight of the "three indians"! Never heard of that one before, and saved it to the chart pattern arsenal

For whatever reason, I was set up bearish in my mind this morning, because of some bearish div. on the 10p. Chart... So I didn't take any long signal on the 5p. Chart because I wasn't trusting them... My BAD!

high guys , is there any mode for heikin ashi candles that would be a offline chart like Renko or whatever , I don't want the colours to change , I just want the mode like tradingview , thanks in advance

Us Fantasy about 7 years ago you posted a binary option method. I used it n twisted it my own way. i printed money like woah. i was making 1-10k before 8 am uk open. Then they hit that switch on my n took it all. Criminals

In memory of Jaquemat and DEE50

GOLD total 57,8 pips
Thank you; Jaquemat ve DEE50

I learned a lot from Jaquemat and DEE50. I don't know if they are alive now. But the graphic work was very nice. I started following this page exactly 10 years ago.
(I wrote it with poor English translation. I guess it's understandable)

Yes
I also learned a lot here! Thank you all!

Morning Dax Renko 3pts
Long +10,BE
Long +10,.+14
Long -12,-12
Short -2,-5
Short +4,+10
Short +4,BE
Long +9,+5 (added),+25

Sum +60

More trading opportunities appear on the Renko chart. The only downside is that it slows down the system.

DAX +16 +40
Had a break for couple of years from trading, lot things happened meanwhile, changed a career path, but I'm back sitting at my biggest passion, new broker, new platform, but same old strategy based on knowledge from dee50, PhilippineFX, Jaquemate and others. I'm not going to start journal or my own thread here, as I think the simplicity is the main principle I use now and thus suits perfectly to this thread.

DAX -12 +25

Clues marked in chart.

DAX +10

Playing it safely on Friday, waiting for better signals and grabbing quick money. Nice long opportunity offered on another pin bar and double-bottom just as I was marking clues into chart.

DAX -10 -10 +26

Hard Monday morning, I have to admit first 2 losses were not open after the prettiest price action, it is obvious that momentum stalled for a while, better avoid trading under these conditions, but I have always tight SL in this case and well.. I've seen a numerous situations where setup like this work out, so I gave it a shot. I missed 123 short trade on daily open soon after that, so I jumped in after nice pullback.