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  • #1,301
  • Mar 11, 2015 8:42am Mar 11, 2015 8:42am
Quoting dee50
{quote} Dee's is HE not Her, I have a reasonable pair of breasts but that is largely due to age and gravity rather than biology.
LOL - Good thread and you crack me up
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #1,302
  • Mar 11, 2015 10:13am Mar 11, 2015 10:13am
I got so excited looking at my breasts earlier on that I did not post my chart.
EU +95 +109. Divergence came prior to my 2nd TP so I closed manually. Entry was from a Dbl Top at BRN +short term S&R and a descending TL. These days making pips is easy, so make the most of it, it will not carry on for ever, eventually it will get harder again. Forgot to mention I got stopped for a B/E +2 on my first attempt, prior to the Dbl Top forming.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +95 +109 110315.png Size: 63 KB
Cut your Losers short and let your Winners run.
  • #1,303
  • Mar 11, 2015 8:01pm Mar 11, 2015 8:01pm
Quoting dee50
{quote} Dee's is HE not Her, I have a reasonable pair of breasts but that is largely due to age and gravity rather than biology.


Humbled apologies.
Good Trading
  • #1,304
  • Mar 12, 2015 5:13am Mar 12, 2015 5:13am
Quoting aud
{quote} Humbled apologies.
Not necessary.
Cut your Losers short and let your Winners run.
  • #1,305
  • Mar 12, 2015 5:18am Mar 12, 2015 5:18am
EU +55 +50. This move started in the asian session with a double divergence at a BRN, break thru a short term S&R level. The TTindy also signalled the rise, the Fib Exts showed enough potential profit so no reason not to follow this trend despite it being CT to the larger TF trend. Exited manually on the second part as Divergence signalled a change but waited to see if it was just a pullback or not, the answer was Not.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +55 +50 120315.png Size: 59 KB
Cut your Losers short and let your Winners run.
  • #1,306
  • Mar 12, 2015 5:31am Mar 12, 2015 5:31am
Quoting dee50
EU +55 +50. This move started in the asian session with a double divergence at a BRN, break thru a short term S&R level. The TTindy also signalled the rise, the Fib Exts showed enough potential profit so no reason not to follow this trend despite it being CT to the larger TF trend. Exited manually on the second part as Divergence signalled a change but waited to see if it was just a pullback or not, the answer was Not.
Hi dee. You change time trading from london open to frankfurt open ?
  • #1,307
  • Mar 12, 2015 5:38am Mar 12, 2015 5:38am
Quoting trotinetas
{quote} Hi dee. You change time trading from london open to frankfurt open ?
No, vertical line is start of my trading day, broker time on the charts is GMT +2. I rarely get up early in the winter only the summer.
Cut your Losers short and let your Winners run.
  • #1,308
  • Mar 12, 2015 6:43am Mar 12, 2015 6:43am
It should get really interesting.
The last 3 Monthly Divergences have resulted in significant reversals, at this moment we have divergence forming at the most oversold point on the MACD in a decade. However, the 161.8% EXT is at PARITY. Which will be the strongest influence? Neither. The ECB, FED and the Banks will decide the direction.

Second chart is the 1hour equivalent 10 pip Renko.
1st break of a Trend line since the 3rd February.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDMonthly Divergence.png Size: 53 KB
Click to Enlarge Name: EURUSDM10 Major trend line break.png Size: 55 KB
Cut your Losers short and let your Winners run.
  • #1,309
  • Mar 12, 2015 8:22am Mar 12, 2015 8:22am
EU +65. News. retail sales jumped the EU 50 odd pips in 1 minute, happened so fast I could not get in, but then the unemployment figure kicked in which formed divergence at the S&R level so I took the short. Out at the 61.8% retr of the days Hi Lo just at the BRN.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +65 News 120315.png Size: 43 KB
Cut your Losers short and let your Winners run.
  • #1,310
  • Mar 12, 2015 8:31am Mar 12, 2015 8:31am
Thanks Dee50,

for going to the effort to post these trades, both a valuable learning tool and very inspirational....

Cheers...Des
  • #1,311
  • Mar 12, 2015 9:19am Mar 12, 2015 9:19am
Quoting des_b
Thanks Dee50, for going to the effort to post these trades, both a valuable learning tool and very inspirational.... Cheers...Des
Completely agree.
Follow, don't anticipate.
  • #1,312
  • Mar 12, 2015 9:46am Mar 12, 2015 9:46am
Quoting des_b
Thanks Dee50, for going to the effort to post these trades, both a valuable learning tool and very inspirational.... Cheers...Des
yes, helping us see the divergence and great exits. thank you.
  • #1,313
  • Mar 12, 2015 10:09am Mar 12, 2015 10:09am
Quoting dee50
EU +65. News. retail sales jumped the EU 50 odd pips in 1 minute, happened so fast I could not get in, but then the unemployment figure kicked in which formed divergence at the S&R level s took the short. Out at the 61.8% retr of the days Hi Lo just at the BRN. {image}
Dee,
You have been trading EU for ages and you own this pair. What do you think of trading EU at NY session only? Is there enough movement to make some pips during this session? I live in east coast and you know the pain of seeing London Open with a day job in hand.

Thanks
Bluejack
  • #1,314
  • Mar 12, 2015 11:08am Mar 12, 2015 11:08am
Quoting bluejack
{quote} Dee, You have been trading EU for ages and you own this pair. What do you think of trading EU at NY session only? Is there enough movement to make some pips during this session? I live in east coast and you know the pain of seeing London Open with a day job in hand. Thanks Bluejack
There is no problem with trading the NY session only, it is more news dependant than the London session, but as long as you are there for the 8.30am news you will normally get enough opportunities to make a decent living, there are thousands of traders who only trade the NY session. if you do not yet feel comfortable with trading during the news, trade the momentum after the news just allow for the fact that the active part of the session is 8.30 - 10.30 ish EST and 14.00 - 15.30 EST.
Cut your Losers short and let your Winners run.
  • #1,315
  • Mar 12, 2015 11:40am Mar 12, 2015 11:40am
Quoting dee50
{quote} There is no problem with trading the NY session only, it is more news dependant than the London session, but as long as you are there for the 8.30am news you will normally get enough opportunities to make a decent living, there are thousands of traders who only trade the NY session. if you do not yet feel comfortable with trading during the news, trade the momentum after the news just allow for the fact that the active part of the session is 8.30 - 10.30 ish EST and 14.00 - 15.30 EST.
Thanks Dee. Appreciate all the help you do.
  • #1,316
  • Mar 13, 2015 3:26am Mar 13, 2015 3:26am
My entry of the day . I've got 30 pips on EURUSD . I entered with 123 and rupture of 2 and I have traced my fibonacci and I saw that coincided that last line maxima . so I closed there. Dee seems good entry or I could fail ( although the operation went well ) to be improving
Attached Image (click to enlarge)
Click to Enlarge Name: eurdolar.jpg Size: 243 KB
  • #1,317
  • Mar 13, 2015 5:16am Mar 13, 2015 5:16am
Quoting quinito7
My entry of the day . I've got 30 pips on EURUSD . I entered with 123 and rupture of 2 and I have traced my fibonacci and I saw that coincided that last line maxima . so I closed there. Dee seems good entry or I could fail ( although the operation went well ) to be improving {image}
Well executed, congrats.

As in all things trading, do not assume that every 123 is a reversal, look for a reason. In this instance you have a HTF Divergence with just below, a Monthly S&R zone + a BRN. Your TP area was also the 61.8% retr so a strong area of confluence with the Descending Trend line and the 200% ext.
Attached Image (click to enlarge)
Click to Enlarge Name: 123 Reversal Reasons.png Size: 45 KB
Cut your Losers short and let your Winners run.
  • #1,318
  • Mar 13, 2015 5:45am Mar 13, 2015 5:45am
thank you very much for your explanation and his advice is appreciated . Thank you very much for spending your time helping
  • #1,319
  • Mar 13, 2015 10:35am Mar 13, 2015 10:35am
GU +2. GU +59 +116. EJ +73. Both pairs were TTIndy triggered trades. Toss up between EU and EJ but EJ won as a slightly better setup. GU 1st trade was a B/E so I widened my B/E on the next trade as GU will often come back and test support as it runs down. EJ had been ranging so I waited for the Breakout which happened with a 123. I ran both of these on a 5 pip Renko chart as they are more volatile than the EU. Good ending to a good week.

Have a good weekend.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU +59 +116 130315.png Size: 44 KB
Click to Enlarge Name: EJ +73 100315.png Size: 45 KB
Cut your Losers short and let your Winners run.
  • #1,320
  • Mar 13, 2015 11:14am Mar 13, 2015 11:14am
Quoting dee50
GU +2. GU +59 +116. EJ +73. Both pairs were TTIndy triggered trades. Toss up between EU and EJ but EJ won as a slightly better setup. GU 1st trade was a B/E so I widened my B/E on the next trade as GU will often come back and test support as it runs down. EJ had been ranging so I waited for the Breakout which happened with a 123. I ran both of these on a 5 pip Renko chart as they are more volatile than the EU. Good ending to a good week. Have a good weekend. {image} {image}
May i know how you draw major s&r like your last picture? I tried doing keywords search on this thread but didnt find anything usefull.
Energy, frequency and vibration.
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