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  • #881
  • Feb 5, 2015 4:09am Feb 5, 2015 4:09am
Quoting panamamike
... easier to trade here at the beach.
nescentia necat
  • #882
  • Feb 5, 2015 4:30am Feb 5, 2015 4:30am
does anyone have an ADR Indi that works on the Renko charts? The one I used to use does not.
  • #883
  • Feb 5, 2015 4:32am Feb 5, 2015 4:32am
Quoting panamamike
also trying to decide which macd display I prefer to show divergence. I think the normal will win out as you can see the momentum bar to bar that does not appear on the Macd_colored
I did not say anything as I did not want to cause confusion, but that is why I did not use the Macd colored, also divergence shows up better on the histogram.
Cut your Losers short and let your Winners run.
  • #884
  • Feb 5, 2015 4:35am Feb 5, 2015 4:35am
EU moves up! +23
waiting for a good 123 position...

I still have several problems to identify divergencies
or better, I see many divergencies during the day, but mine are not effective...
I have to study more.
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nescentia necat
  • #885
  • Feb 5, 2015 4:36am Feb 5, 2015 4:36am
I agree...I already took it off. Was experimenting this week. One good think to note. On an up move....if stochastic cycles down to 0 and macd does not go negative, or barely does....look for a nice pop back up.

Quoting dee50
{quote}I did not say anything as I did not want to cause confusion, but that is why I did not use the Macd colored, also divergence shows up better on the histogram.
  • #886
  • Feb 5, 2015 4:36am Feb 5, 2015 4:36am
Quoting friska
EU +35 +15 TP at 1.1400 close manually. a lot of BE in the morning, very boring time. i'm looking for a way to be efficient in the small price range , when the price does not move. probably avoid entering until the market takes a direction. Patience is an 'indicator' that I have yet to develop good. {image} {image}
Well done
Remember, Boring & Patience save accounts. Being out of the market is a winning trade as well.
Trading is not supposed to be an adrenaline rush, if you need that, take up an extreme sport.
Cut your Losers short and let your Winners run.
  • #887
  • Feb 5, 2015 4:38am Feb 5, 2015 4:38am
nice trade Friska....mine is almost exactly the same
  • #888
  • Feb 5, 2015 4:46am Feb 5, 2015 4:46am
Quoting Clipi
Today after 6 hous at the computer and 10 trades in EJ and and 13 trades in EU, the result is..:45 pips... {image} {image}
I am not going to say "well done" because 23 trades is a ridiculous number, fine if you are trading for 2-3 pips but not if you are looking for runners. You could have avoided most of your losers! My eyes are not what they used to be but it looks to me that you ignored the HA Dojis and took entries, most of your losers came on those entries. I compiled a couple of PDFs about HA Trading I will see if I can find them and post them here.
Cut your Losers short and let your Winners run.
  • #889
  • Feb 5, 2015 4:53am Feb 5, 2015 4:53am
Is that net pips after commissions?

Quoting Clipi
Today after 6 hous at the computer and 10 trades in EJ and and 13 trades in EU, the result is..:45 pips... {image} {image}
  • #890
  • Feb 5, 2015 4:53am Feb 5, 2015 4:53am
Quoting friska
EU moves up! +23 waiting for a good 123 position... I still have several problems to identify divergencies or better, I see many divergencies during the day, but mine are not effective... I have to study more. {image} {image}
Nice trade.

Divergence on it's own is meaningless, you are right there are lots of divergences, there has to be a reason for the divergence, if it does not occur at S&R or BRN or a fibonacci level, I ignore it. I am also very wary of Hidden Divergence because Hidden divergence can show and then take many more candles before any thing happens, or worst case, it fails. I find regular divergence much more reliable.
Cut your Losers short and let your Winners run.
  • #891
  • Feb 5, 2015 4:54am Feb 5, 2015 4:54am
Well said.


Quoting dee50
{quote} Well done Remember, Boring & Patience save accounts. Being out of the market is a winning trade as well. Trading is not supposed to be an adrenaline rush, if you need that, take up an extreme sport.
  • #892
  • Feb 5, 2015 5:05am Feb 5, 2015 5:05am
thanks dee and thanks panamamike,
I'm learning a lot by following your posts.
true patience means much.
every time I wanted to get on emotion or with haste, were losses.
and also when I wanted to predict the price movement. still leaks.
you say trade what you see, nothing more true ...

Meanwhile 123 brings home another 15 pips
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Attached Image
nescentia necat
  • #893
  • Feb 5, 2015 5:19am Feb 5, 2015 5:19am
EU +2 +55. Couple of examples of dodgy hidden divergence. Look left on a HTF chart to see where price is likely to go for your TPs, cuts out some of the noise that distracts on the 3 pip chart. Look for "confluence".
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #894
  • Feb 5, 2015 5:38am Feb 5, 2015 5:38am
Well done. Keep an eye on 10 pip stochastic. It needs to fall out of "overbought" before I will look to short, regardless of divergence. Otherwise, keep looking long. The only time I lose is when I trade against the 10 pip stochastic direction. just my .02.

Quoting dee50
EU +2 +55. Couple of examples of dodgy hidden divergence. Look left on a HTF chart to see where price is likely to go for your TPs, cuts out some of the noise that distracts on the 3 pip chart. Look for "confluence". {image}
  • #895
  • Feb 5, 2015 5:39am Feb 5, 2015 5:39am
when avoiding trading against the 10 pip stochastic, you may miss the first trade of the new direction, but you will avoid a LOT of false signals IMO.
  • #896
  • Feb 5, 2015 5:42am Feb 5, 2015 5:42am
Here are the PDFs about Heiken Ashi, nothing mind blowing, but if you are using HAs at least know what there is know about them. Understand the tools that you are using. Most traders do not have a clue about the indicators they are using other than if it is pointing up you go long and vice versa, most indicators have nuances that can make trading easier.
Attached File(s)
File Type: pdf Heiken Ashi Candles.pdf   484 KB | 930 downloads
File Type: pdf Heiken Ashi Explanation.pdf   190 KB | 800 downloads
Cut your Losers short and let your Winners run.
  • #897
  • Feb 5, 2015 5:47am Feb 5, 2015 5:47am
Quoting panamamike
when avoiding trading against the 10 pip stochastic, you may miss the first trade of the new direction, but you will avoid a LOT of false signals IMO.
Like the song said. "Listen to what the man said", am I showing my age?
Cut your Losers short and let your Winners run.
  • #898
  • Feb 5, 2015 5:53am Feb 5, 2015 5:53am
Hahahaha. wings

Quoting dee50
{quote} Like the song said. "Listen to what the man said", am I showing my age?
  • #899
  • Feb 5, 2015 6:03am Feb 5, 2015 6:03am
Quoting dee50
{quote} Like the song said. "Listen to what the man said", am I showing my age?
Quoting panamamike
Hahahaha. wings {quote}
no jokes..!
this is a beach song...!
nescentia necat
  • #900
  • Feb 5, 2015 6:15am Feb 5, 2015 6:15am
Bob marley, jimmy buffet....a lot of good beach music 😀
Quoting friska
{quote} {quote} no jokes..! this is a beach song...!
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