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More simple is impossible

  • #9,461
  • Nov 27, 2017 6:37am Nov 27, 2017 6:37am
DAX +55

After losing that beautiful long, and having talked face to face with a pair of saints,
the price has gone back.

Renko3 : Entry @ the confluence of 38.2 Friday's long + 61.8 of previus long + false breakout of HTF S & R + DIV .

Exit: Manual exit @ BRN + Div

PS: I know that the long-lost blame is just mine
Attached Image (click to enlarge)
Click to Enlarge Name: de-30-x-trade-brokers-2 +55.png Size: 50 KB
  • #9,462
  • Nov 27, 2017 8:16am Nov 27, 2017 8:16am
Quoting matmomo
Good morning guys. How to leave on the table 100 pips. Lession 1 Dax Renko5: broadening formation low trendline + Div + BRN + 61.8 Fibos. What you want more stupid guy? stopped @ be + 1. {image}
If its any consolation, I got stopped out 4 or 5 times at the open as I was trying to short. Combine that with a 13 point spread and my too soon BE and you get...well BE. You lost nothing, and that is what matters. The important thing is to live to fight another day.
Best, Josh
  • #9,463
  • Nov 27, 2017 9:58am Nov 27, 2017 9:58am
Quoting JoshuaHope
{quote} If its any consolation, I got stopped out 4 or 5 times at the open as I was trying to short. Combine that with a 13 point spread and my too soon BE and you get...well BE. You lost nothing, and that is what matters. The important thing is to live to fight another day. Best, Josh
Have right mate, that's the important.
Difficult morning today... a lot of BE me too.
Best
Luca
  • #9,464
  • Nov 27, 2017 11:54am Nov 27, 2017 11:54am
Dax +43 +48

Renko3 : Div + 123 +HTF S&R + 2 day's ago POC.
Entry @ 123 breakout
Exit: manual exit @ 50% last short wavw and BRN

Renko3 : Div + 50% friday short + Renko10 ema 200 rejected price
Entry @ second red candle with oscillators accord.
Exit: manual exit @ BRN + last S&R

Ongoing: Div+ 123 + Trendline breakout. Entry @ pullback on Trendline + BRN. Now +11 pips. BE+1
Attached Image (click to enlarge)
Click to Enlarge Name: de-30-x-trade-brokers 45 + 48.png Size: 103 KB
  • #9,465
  • Nov 27, 2017 2:25pm Nov 27, 2017 2:25pm
Just closed last trade below Renko 3 ema200 and over 161fibo's. +17
Attached Image (click to enlarge)
Click to Enlarge Name: de-30-x-trade-brokers 17.png Size: 54 KB
  • #9,466
  • Nov 28, 2017 6:54am Nov 28, 2017 6:54am
For those of you using Renko Chart Suite renko generator, Brokemat has issued an update but you will not find it on page 1 of the thread, here is the link to the update.

https://www.forexfactory.com/showthr...6#post10463686
Cut your Losers short and let your Winners run.
  • #9,467
  • Nov 28, 2017 1:10pm Nov 28, 2017 1:10pm
Hi guys,
This trading days was seemed long as a week.
During Eu session price went up and down continously and my score sounds like: a lot of BE+1, +3 +4 +17 + 20 +7 (two loss: -3 and -4).
One hour before US open, market stopped at all, waiting Us bell and Us news.
Then something started to move in a direction reaching 13125 one hour ago.
I follow this up move with 4 trade: +11 +17 +10 +57.
All operations are explained on the chart.

Nice evening to all
Attached Image (click to enlarge)
Click to Enlarge Name: de-30-x-trade-brokers-2 fool day.png Size: 109 KB
  • #9,468
  • Edited 6:59am Nov 29, 2017 6:37am | Edited 6:59am
Hi folks,
This morning's trade +10 +15 +14 + BE+1

First one is explained in R3 Chart, others in R5.

In the second charts posted a Classic AB CD Bullish pattern.
In the Classical ABCD AB=CD and if you use Fibo's retracement on AB,
the retracement BC should reach until the 0.618 level, and CD should be the 1.272 Fibo's extension of BC.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: de-30-x-trade-brokers-3 R3.png Size: 86 KB
Click to Enlarge Name: ab + cd +15.png Size: 77 KB
  • #9,469
  • Nov 29, 2017 10:57am Nov 29, 2017 10:57am
Quoting matmomo
Hi guys, This trading days was seemed long as a week. During Eu session price went up and down continously and my score sounds like: a lot of BE+1, +3 +4 +17 + 20 +7 (two loss: -3 and -4). One hour before US open, market stopped at all, waiting Us bell and Us news. Then something started to move in a direction reaching 13125 one hour ago. I follow this up move with 4 trade: +11 +17 +10 +57. All operations are explained on the chart. Nice evening to all {image}



Great trading Matmomo
What settings you use in stochs? 8,3,3 simple MA? I see mine paints different than yours, using renko 3 and HA as you.

I didn't see your loses in your chart, and they are also very good food of knowledge. I was waiting for your post to see how you dealt thorough all this sesion yesterday. It was a difficult one.

Cheers
  • #9,470
  • Nov 29, 2017 11:44am Nov 29, 2017 11:44am
Quoting cfabian
{quote} Great trading Matmomo What settings you use in stochs? 8,3,3 simple MA? I see mine paints different than yours, using renko 3 and HA as you. I didn't see your loses in your chart, and they are also very good food of knowledge. I was waiting for your post to see how you dealt thorough all this sesion yesterday. It was a difficult one. Cheers
Hi Cfabian,
thanks. have right, was a big error don't post the losses in the chart.
Both operations are wrong from the start and you could see them on the image.
I post the Stoch setting also.

Best
Luca
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Losses -3 -4.png Size: 60 KB
Click to Enlarge Name: Stoch set.png Size: 21 KB
  • #9,471
  • Nov 29, 2017 12:15pm Nov 29, 2017 12:15pm
Quoting matmomo
{quote} Hi Cfabian, thanks. have right, was a big error don't post the losses in the chart. Both operations are wrong from the start and you could see them on the image. I post the Stoch setting also. Best Luca {image} {image}
Thanks for your explanation

I'm having same settings as you. Look at my stochs between the green lines and compare it with yours. Even look opposite in cycle strenght. Would be the template?

Your loss 1 wasn't a bad trade at all... The question here would be if you always wait fo a pullback and break of point 2? Just in counter trends or all trades?

Assume SL is always a couple of pips from point 1.

Best
Attached Image (click to enlarge)
Click to Enlarge Name: ger30-m2-activtrades-plc.png Size: 65 KB
  • #9,472
  • Nov 29, 2017 1:57pm Nov 29, 2017 1:57pm
@ Matmomo
Please could you post indicator and template you use.
I like very much your charts.
Thank you so much.
  • #9,473
  • Nov 29, 2017 2:25pm Nov 29, 2017 2:25pm
Quoting cfabian
{quote} Great trading Matmomo What settings you use in stochs? 8,3,3 simple MA? I see mine paints different than yours, using renko 3 and HA as you. I didn't see your loses in your chart, and they are also very good food of knowledge. I was waiting for your post to see how you dealt thorough all this sesion yesterday. It was a difficult one. Cheers
Hi cfabian and matmomo,
Me too enjoy your posts with charts. Would be great if you post your template so we would know all your settings including moving averages.

I am attaching "trade plotter" indicator as well as "Better ..." scripts.

You install the plotter on your charts.
Scripts, choose _W for white back ground and the other for black charts.

When you apply the script, gains/losses are plotted and "point (pip x 10)" values are shown on chart. If you don't like the position where the value is shown, double click on it and you can move it around to a preferred place.

Enjoy!
RS
Attached File(s)
File Type: mq4 Trade_Plotter.mq4   4 KB | 328 downloads
Attached File(s)
File Type: mq4 BETTER_YZGraphOnLine_W.mq4   29 KB | 274 downloads
Attached File(s)
File Type: mq4 BETTER_YZGraphOnLine.mq4   29 KB | 276 downloads
  • #9,474
  • Nov 29, 2017 2:49pm Nov 29, 2017 2:49pm
Quoting cfabian
{quote} Thanks for your explanation I'm having same settings as you. Look at my stochs between the green lines and compare it with yours. Even look opposite in cycle strenght. Would be the template? Your loss 1 wasn't a bad trade at all... The question here would be if you always wait fo a pullback and break of point 2? Just in counter trends or all trades? Assume SL is always a couple of pips from point 1. Best {image}
HI,

Try to check how many bars you have in the chart, never less than 2000 bars.

In the 123 pattern i wait only the breakout, with a trendline breakout often i wait it, or i give that breath to the operations.
You have right, the SL need to be a couple of pips from 1, and is ok for me when i'm sure that all is ok in my entry.
When is not, i prefer to cut off quickly and then re-enter. I do it also for a discipline matter.
You'll see that if go on with study as you're doing, step by step the number of losses will decrease drastically.

Best
  • #9,475
  • Nov 29, 2017 3:06pm Nov 29, 2017 3:06pm
Quoting RisingSun
{quote} Hi cfabian and matmomo, Me too enjoy your posts with charts. Would be great if you post your template so we would know all your settings including moving averages. I am attaching "trade plotter" indicator as well as "Better ..." scripts. You install the plotter on your charts. Scripts, choose _W for white back ground and the other for black charts. When you apply the script, gains/losses are plotted and "point (pip x 10)" values are shown on chart. If you don't like the position where the value is shown, double click on it and you can move...
Hi RisingSun and thank for your trade plotter.
For you and Aqvila i post Template and Indicators.
But mine are the same of Dee50 that you find here in this thread.
Only difference is that i use two sub windows In one Stoch, and in the other Stoch + MACD.
Best

Luca
Attached File(s)
File Type: zip More Simple.zip   204 KB | 1,110 downloads
  • #9,476
  • Nov 29, 2017 5:56pm Nov 29, 2017 5:56pm
Quoting matmomo
{quote} Hi RisingSun and thank for your trade plotter. For you and Aqvila i post Template and Indicators. But mine are the same of Dee50 that you find here in this thread. Only difference is that i use two sub windows In one Stoch, and in the other Stoch + MACD. Best Luca {file}
Many thanks Luca.
Many green pips!
Akira
  • #9,477
  • Dec 1, 2017 12:22pm Dec 1, 2017 12:22pm
Hi guys, wow what a crazy day on the dax!
A daily range of 260 pips with vertiginous ascents and descents.
Unfortunately I am busy tonight, but tomorrow I will post some charts.
For now I wish you all a good evening and a peaceful weekend.
best

Luca
  • #9,478
  • Dec 1, 2017 2:01pm Dec 1, 2017 2:01pm
Quoting matmomo
Hi guys, wow what a crazy day on the dax! A daily range of 260 pips with vertiginous ascents and descents. Unfortunately I am busy tonight, but tomorrow I will post some charts. For now I wish you all a good evening and a peaceful weekend. best Luca
Looking forward Matmomo

Have a great weekend all.
  • #9,479
  • Dec 1, 2017 2:43pm Dec 1, 2017 2:43pm
DAX +3+30+5+9+36+2+5
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M3.png Size: 40 KB
  • #9,480
  • Dec 2, 2017 3:40am Dec 2, 2017 3:40am
Happy Saturday guys, gloomy day here.

As i said, yesterday was crazy, and as my friend Brixen says "Big Hands have made millions and maybe billions today .... for sure".
Big hands aside, back to us, in some of the operations you will see there are bad entries and worse outings, but at certain times the speed of the market did not allow to act differently.
I will dedicate a separate post to a profit-driven trade that I foolishly threatened to close at BE + 1

Dax: +15 +20 +20 +14 +12 +20 +55 +40 +20 +105 +50
All charts are Renko3 except the last one that is Renko5.

Best
Luca
Attached Image(s) (click to enlarge)
Click to Enlarge Name: de-30-x-trade-brokers +15 +20 +20.png Size: 103 KB
Click to Enlarge Name: de-30-x-trade-brokers-3 +14 +12 +20.png Size: 111 KB
Click to Enlarge Name: de-30-x-trade-brokers-4 +55 +40.png Size: 94 KB
Click to Enlarge Name: de-30-x-trade-brokers-5 +20.png Size: 109 KB
Click to Enlarge Name: de-30-m3-x-trade-brokers 105 + 50.png Size: 89 KB
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