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More simple is impossible

  • #9,301
  • Sep 13, 2017 8:53am Sep 13, 2017 8:53am
It's very easy to look trades at history. I understand that we must wait to close the htf candle or even two candles to confirm the direction coz pullback may be very long and always stopped the trades with losses. Just caught 2 trades: one b/e and other 3 to 1, both waited candle oh the htf. The third trade loss without waiting, pullback was very nice to brn.
  • #9,302
  • Sep 13, 2017 10:20am Sep 13, 2017 10:20am
Last stop for today))Summary: 1 BE, 3 losers, 1 winner - zero day... something I'm doing wrong with these cycles...
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  • #9,303
  • Sep 13, 2017 11:59am Sep 13, 2017 11:59am
Quoting Solomadjan
Fail again, can somebody tell what i'm doing wrong? {image}
Hi. I have taken a quick look at your chart. I annotated with Dee's template. I would suggest keeping away from the 3 pip chart, it is easy to get molested unless one has a truckload of experience. I would suggest you focus on 10 and 5. I see you are focusing a lot on sto cycle, but in my view, it a valuable tool to add to your analysis, but not to trade blindly on it alone. The stoch cycle in combination with the macd can keep you on the right side of the fence.
P.S. look left on your chart, the 10 pip one...there are more clues i see. Best, Josh
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  • #9,304
  • Sep 13, 2017 4:30pm Sep 13, 2017 4:30pm
Quoting JoshuaHope
{quote} Hi. I have taken a quick look at your chart. I annotated with Dee's template. I would suggest keeping away from the 3 pip chart, it is easy to get molested unless one has a truckload of experience. I would suggest you focus on 10 and 5. I see you are focusing a lot on sto cycle, but in my view, it a valuable tool to add to your analysis, but not to trade blindly on it alone. The stoch cycle in combination with the macd can keep you on the right side of the fence. P.S. look left on your chart, the 10 pip one...there are more clues i see....
Thank you for the advice Josh
  • #9,305
  • Sep 13, 2017 8:32pm Sep 13, 2017 8:32pm
I mix 2 strategies Jaquemate and Dee xD . I prefer use RSI dot , cuz for me its better look divergencys , No forget 1-2-3 pattern its very helpful.
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Attached File(s)
File Type: ex4 RSI-Trend-Dots mtf.ex4   19 KB | 386 downloads
File Type: mq4 RSI-Trend-Dots mtf.mq4   7 KB | 423 downloads
  • #9,306
  • Sep 14, 2017 3:13am Sep 14, 2017 3:13am
Quoting KayserChampi
I mix 2 strategies Jaquemate and Dee xD . I prefer use RSI dot , cuz for me its better look divergencys , No forget 1-2-3 pattern its very helpful. {file} {file} {image} {image}
.
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Cut your Losers short and let your Winners run.
  • #9,307
  • Sep 14, 2017 3:35am Sep 14, 2017 3:35am
Quoting Solomadjan
Last stop for today))Summary: 1 BE, 3 losers, 1 winner - zero day... something I'm doing wrong with these cycles... {image}
BRNs Big Round Numbers. 1200, 1250 are BRNs anything in between is not. I would suggest changing your horizontal line settings or Highliting the BRNs. Divergences at S&R or BRNs should be taken notice of, Divergences any where else in no mans land, ignore. Like Joshua said, Stoch cycle is an indicator, don't blindly follow an indicator unless you have sat and watched it for at least 2 weeks learning all it's vagaries and nuances and be aware that "any" indicator will change how it signals depending on market conditions, e.g. PA is much more erratic now than it was 18 months ago, 6 steps forward 5 steps back 7 steps forward 6 steps back 11 steps forward 13 steps back 6 steps forward 5 steps back etc etc, the days of clear trend runs are few and far between
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Cut your Losers short and let your Winners run.
  • #9,308
  • Sep 14, 2017 3:59am Sep 14, 2017 3:59am
Lower Time Frame Entry Patterns can also Trigger Exits.
Another very useful lesson from Lance Beggs, for those who have not subscribed to his e-mails here is a PDF of that lesson.
Attached File(s)
File Type: pdf LTF Entry Patterns can also Trigger Exits.pdf   306 KB | 1,150 downloads
Cut your Losers short and let your Winners run.
  • #9,309
  • Edited 4:22am Sep 14, 2017 4:07am | Edited 4:22am
For the ambitious among you who want to look at faster charts or would like to see what Lance Beggs is looking at in more detail, here is a Custom Time Frame Generator, use it to generate 15 seconds charts. Place the EA in your Experts folder put it on a 1 minute chart set your Offline chart ID number just as if you are creating a Renko chart. open the offline chart but be aware this generator creates bars as the LIVE Data comes in it does not generate a chart from history so to start you will not see any thing on the chart until enough data has come in to generate a bar so give it a few minutes. Enjoy.
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 FX Blue - Custom Timeframe Generator.ex4   39 KB | 814 downloads
Cut your Losers short and let your Winners run.
  • #9,310
  • Sep 28, 2017 1:15am Sep 28, 2017 1:15am
Quoting dee50
I was clearing out one of my trading folders on my computer and I came across these, I thought you might find them interesting. They are the results from 2 young people who I have been introducing to the concept of trading, Paqui is a young man not yet in his teens who is like a sponge, he just soaks up the information and applies it without hesitation with no pre conceived ideas, no self important attitude, no arrogance, nothing. Javi is some what older, he has just left his teens behind him and as such, has been more of a challenge, for some reason...
Hi Dee, I was reading the thread and see this post. Want to ask you what hard rules they received, concept? I don't think they study only screens of your trading. Thank you!
  • #9,311
  • Sep 29, 2017 11:34am Sep 29, 2017 11:34am
Hey guys,
How you're doing with this slow movements on DAX? Its been 2 weeks with less than 100 points or so, vs 200.

Any reason why?

Have a great weekend

Cheers
  • #9,312
  • Oct 7, 2017 3:03pm Oct 7, 2017 3:03pm
Woah, just finish read the whole thread.. learn alot from you guys especially from dee, thank you very much for sharing!
i'm starting practice on demo..

Also for whoever want, These are the most of the pdf's shared here on that thread, very useful information, [Thanks again dee]

https://ufile.io/c2v1c
  • #9,313
  • Oct 9, 2017 3:07am Oct 9, 2017 3:07am
XAUUSD +17+43+40 , div+BRN on 10 and 5 pip, clear HTF down trend
GER30 BE+2 ongoing Edit: GER30 +17 little scalp against the trend, MACD 10 pip show clearly down trend

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  • #9,314
  • Oct 9, 2017 7:59am Oct 9, 2017 7:59am
Hello all,

What do you do during these days? How is it working for you this strategy due to the fact that the volatility decreased drastically during last few days?
Did you move to other products? Do you wait for a better volatility?
I just accommodated with this strategy and I do not have what to trade

Best,
  • #9,315
  • Oct 9, 2017 10:39am Oct 9, 2017 10:39am
Quoting dornachum203
XAUUSD +17+43+40 , div+BRN on 10 and 5 pip, clear HTF down trend GER30 BE+2 ongoing Edit: GER30 +17 little scalp against the trend, MACD 10 pip show clearly down trend {image}{image}
Nice pips! Not greedy and well played.
The wedge that has formed on the 10 should not be ignored. As for the divergences on the 10, i would take them with a pinch of salt, as we are still in a rather strong trend. Now, which way will it break?Hmm...
Best, Josh
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  • #9,316
  • Oct 9, 2017 10:55am Oct 9, 2017 10:55am
Quoting victor007
Hello all, What do you do during these days? How is it working for you this strategy due to the fact that the volatility decreased drastically during last few days? Did you move to other products? Do you wait for a better volatility? I just accommodated with this strategy and I do not have what to trade Best,
You can trade any instrument at any time, but i would highly recommend that you mark your S/R, put fibs, and see whats is happening on the big chart before you do. In other words, I would not just jump in without preparing.
I don't switch because it is relevant to know how to trade whatever the market throws at you.
Best, Josh
  • #9,317
  • Oct 9, 2017 1:13pm Oct 9, 2017 1:13pm
Quoting victor007
Hello all, What do you do during these days? How is it working for you this strategy due to the fact that the volatility decreased drastically during last few days? Did you move to other products? Do you wait for a better volatility? I just accommodated with this strategy and I do not have what to trade Best,
I think you can trade any instrument like josh said, as for now the dax is not moving enough so i enter just in low risk trades and added gold as a second instrument to search opportunities while the dax sleeping.
  • #9,318
  • Oct 9, 2017 5:56pm Oct 9, 2017 5:56pm
Quoting Jaquemate
Im using this expert aplicated to 5m chart. There are more renko experts. {file}
Hi Jaquemate

I download The Renko v3 ea and moved it to my experts folder, but for some reason it does not show up on the experts on the platform. Even after restarting the platform. I have other eas already there and have used them before. Can any one help me with this.
Thanks
mring16
  • #9,319
  • Oct 10, 2017 6:00am Oct 10, 2017 6:00am
Quoting mring16
{quote} Hi Jaquemate I download The Renko v3 ea and moved it to my experts folder, but for some reason it does not show up on the experts on the platform. Even after restarting the platform. I have other eas already there and have used them before. Can any one help me with this. Thanks mring16
How to set up a renko chart has been covered hundreds of times in this thread. Do you see the search function on this page? Try "set up renko chart"....
https://www.forexfactory.com/showthr...ko#post7919259
  • #9,320
  • Oct 11, 2017 10:47am Oct 11, 2017 10:47am
I would highly recommend to buy omnia indicator. Its flawless and has many features. Well worth the investment.


Quoting mring16
{quote} Hi Jaquemate I download The Renko v3 ea and moved it to my experts folder, but for some reason it does not show up on the experts on the platform. Even after restarting the platform. I have other eas already there and have used them before. Can any one help me with this. Thanks mring16
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