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  • #1,421
  • Mar 27, 2015 9:32am Mar 27, 2015 9:32am
Attached Image

18 hrs since the last post, an easy market to trade today with 3 clear opportunities, and no one has posted any thing.??
Cut your Losers short and let your Winners run.
  • #1,422
  • Mar 27, 2015 9:35am Mar 27, 2015 9:35am
OK. I will go first. EU +50 +60 +40. Chart says it all.

Sun is shining this weekend so I can catch up with some chores outside CU next week.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +50 +60 +40 270315.png Size: 53 KB
Cut your Losers short and let your Winners run.
  • #1,423
  • Mar 27, 2015 9:53am Mar 27, 2015 9:53am
Hi Dee,

Struggled today, not thinking straight and took a couple of incorrect trades, so confidence down a bit, but will spend weekend licking wounds and trying to compare what I traded with your charts so thanks again for posting. Could I ask why you moved to a 5 Pip Renko ? Is there a trigger which makes you think this is more suitable

Glad for any help

Cheers...Des
  • #1,424
  • Edited 11:01am Mar 27, 2015 10:11am | Edited 11:01am
Quoting dee50
OK. I will go first. EU +50 +60 +40. Chart says it all. {image}
Today, I caught only 10 pips in 3 trades ... so there nothing to show
and next EU +15

1.0950 it was 61% retracement so decided to short...

Why my screenshot are so big and your so small ...hmmmm ???
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM3.png Size: 39 KB
  • #1,425
  • Mar 27, 2015 10:26am Mar 27, 2015 10:26am
Quoting dee50
OK. I will go first. EU +50 +60 +40. Chart says it all. Sun is shining this weekend so I can catch up with some chores outside CU next week. {image}
Great trading !
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #1,426
  • Mar 27, 2015 10:27am Mar 27, 2015 10:27am
Wonderful work here by Jaquemate. I have always liked renko. Will give this a go next week. Best, Josh
  • #1,427
  • Mar 27, 2015 11:00am Mar 27, 2015 11:00am
Quoting des_b
Hi Dee, Struggled today, not thinking straight and took a couple of incorrect trades, so confidence down a bit, but will spend weekend licking wounds and trying to compare what I traded with your charts so thanks again for posting. Could I ask why you moved to a 5 Pip Renko ? Is there a trigger which makes you think this is more suitable Glad for any help Cheers...Des
Night before last I changed to a 5 pip chart to see more of the days PA, yesterday and today I forgot that I had changed to a 5 pip chart and traded what I saw, it was only part way thru the last trade today that I realized I had been trading 5 pips not 3. How is that for a technical explanation???. But just to calm your nerves and to give you something to compare to here are the 3 pip charts of today. The difference is, all of todays PA fitted onto one 5 pip chart where as it took two 3 pip charts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM3 3piprenko1 270315.png Size: 65 KB
Click to Enlarge Name: EURUSDM3 3piprenko2 270315.png Size: 60 KB
Cut your Losers short and let your Winners run.
  • #1,428
  • Mar 27, 2015 11:04am Mar 27, 2015 11:04am
Quoting Aeb82
{quote} Today, I caught only 10 pips in 3 trades ... so there nothing to show and next EU +15 1.0950 it was 61% retracement so decided to short... Why my screenshot are so big and your so small ...hmmmm ??? {image}
Try double clicking in the RH price column, looks like you may have inadvertently changed scale.
Cut your Losers short and let your Winners run.
  • #1,429
  • Mar 27, 2015 11:10am Mar 27, 2015 11:10am
Quoting Aeb82
{quote} Today, I caught only 10 pips in 3 trades ... so there nothing to show and next EU +15 1.0950 it was 61% retracement so decided to short... Why my screenshot are so big and your so small ...hmmmm ??? {image}
10 + 15 = 25pips. pro traders make a very good living getting less pips so give your self a break. I do not recommend self flagellation but other forms of self abuse are ok.
Cut your Losers short and let your Winners run.
  • #1,430
  • Edited 1:46pm Mar 27, 2015 1:16pm | Edited 1:46pm
Quoting dee50
{quote} I do not recommend self flagellation but other forms of self abuse are ok.
I will listen your advice ... self flagellation you say hmm I think about it
EU +10 the last one ....today
Attached Image
  • #1,431
  • Mar 27, 2015 2:47pm Mar 27, 2015 2:47pm
Quoting dee50
OK. I will go first. EU +50 +60 +40. Chart says it all. Sun is shining this weekend so I can catch up with some chores outside CU next week. {image}
Could you please share your BRN indicator download...thx
  • #1,432
  • Mar 27, 2015 4:05pm Mar 27, 2015 4:05pm
Quoting dee50
OK. I will go first. EU +50 +60 +40. Chart says it all. Sun is shining this weekend so I can catch up with some chores outside CU next week. {image}
Hello Dee,
great thread here, really lot of stuff that make sense. But I wish it would be so easy like the name of the thread . But let me be a little bit skeptikal and critical.

1. I was trading today the morning breakout down as well..It happened with the 3rd attempt (Starting with 7.30 CET). How can it be that you picked exactly the third one. Is it something that I missed? I must say the first 2 attempts cost me money..
2. Your second long trade...what is the reason there? It is just support there what I see, no obvious 123, but I can show you some movements recently where your long trade formed a double top and went down. So for me no other reason for trading except hoping for a rebound. but as we all know..if you hope..you loose
3. 3rd trade I see just the break of BRN. The same happened on 25.03 at 13.30 CET but the market went down after 10 pips.

Don't understand me wrong, I follow this thread for a long time, I hope that you really take your posted trades, but somehow for me it seems that we're speaking here after the fact is done...
  • #1,433
  • Mar 29, 2015 1:45am Mar 29, 2015 1:45am
Quoting PhilippineFX
{quote} Could you please share your BRN indicator download...thx
.
Attached File(s)
File Type: mq4 SweetSpotsGOLD_TRO_MODIFIED_VERSION JV.mq4   6 KB | 734 downloads
Cut your Losers short and let your Winners run.
  • #1,434
  • Edited 10:54am Mar 29, 2015 7:10am | Edited 10:54am
Quoting aspirine80
{quote}
1. I was trading today the morning breakout down as well..It happened with the 3rd attempt (Starting with 7.30 CET). How can it be that you picked exactly the third one. Is it something that I missed?
Good questions ! ... but maybe I try to answer how I see these trades on this chart.
Dee50 takes SHORT when RED SUPPORT LINE ( 5pip) was broken down... he waited, look closer and U see that his SHORT is below that support line...

2. Your second long trade...what is the reason there? It is just support there what I see, no obvious 123, but I can show you some movements recently where your long trade formed a double top and went down. So for me no other reason for trading except hoping for a rebound. but as we all know..if you hope..you loose

Second trade is according with situation on 10pip renko chart... Direction is UP... and he takes L when line is broken UP.
What Line ? The Downtrendline on 5pip renko chart.

3. 3rd trade I see just the break of BRN. The same happened on 25.03 at 13.30 CET but the market went down after 10 pips. Don't understand me wrong, I follow this thread for a long time, I hope that you really take your posted trades, but somehow for me it seems that we're speaking here after the fact is done...

3rd trade... there is consolidation and after break UP this consolidiation ...he takes L.
why Long ? because 10pip renko still shows UP DIRECTION.

so... more patience and patience.
... lack of patience is sometimes my sin too
When I am "mentally" tired and I want to earn fast money I take position before market do something...
  • #1,435
  • Edited 2:09am Mar 30, 2015 1:46am | Edited 2:09am
hi all!!
hi deeee
I back for a few days,
and are happy to see a skills increase (and pip!!) of all participants!!
nice work traders!

dee i'm using your ma cross arrows as a confirm,
nice work
but, entry signal are a little bit in late for me,
there is a setup to change this?
or you use it as confirmation of continuation?
btw, thx for sharing!!

Today morning,
I did not want to go CT although everything led me say that there would be a pullback.
then first trade short to BE,
then nice divergence,
support 0.382 and ma200,
so solid long +20 out on 61.8 and waiting for a 123 formation...

let see what the day will give us.
green pips to all!!

Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-03-30 alle 10.25.17.png Size: 85 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-03-30 alle 10.40.52.png Size: 26 KB
nescentia necat
  • #1,436
  • Edited 3:15am Mar 30, 2015 2:40am | Edited 3:15am
EU +11 ... rest still in play Target for the rest 1.0780-90 ... I expect even 1.0600 in medium term
+8 rest stopped out 1.0856
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM3.png Size: 26 KB
  • #1,437
  • Mar 30, 2015 2:51am Mar 30, 2015 2:51am
Quoting Aeb82
EU +11 ... rest still in play Target for the rest 1.0780-90 ... I expect even 1.0600 in medium term {image}

nice,
same position, ongoing
nescentia necat
  • #1,438
  • Mar 30, 2015 3:53am Mar 30, 2015 3:53am
Quoting friska
{quote} nice, same position, ongoing
plan was good 1.0836 ...and I am without Short :/ I could keep
  • #1,439
  • Mar 30, 2015 4:24am Mar 30, 2015 4:24am
Quoting Aeb82
{quote} plan was good 1.0836 ...and I am without Short :/ I could keep
yes it was,
my short out +2 with the first pullback 200ma support,
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-03-30 alle 13.21.21.png Size: 85 KB

i'm waiting for a PA sign..
nescentia necat
  • #1,440
  • Mar 30, 2015 4:44am Mar 30, 2015 4:44am
Quoting friska
{quote} yes it was, my short out +2 with the first pullback 200ma support, {image} i'm waiting for a PA sign..
Good level for Short again I see at 1.0878-82 or Break Down S1.8220-25 with target => 1.0787
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