More simple is impossible

thx dee

i took your same long,
added to some positions this morning. small pips and some BE.
I think I will stay out for the rest of the day...

Done for the day. +69 will do for now. Tried another couple of shorts but waste of time and effort. I will check out FOMC this evening but for now Adios.

Painful day. EU just went down..

EU.. +4.. +1.. +8.. Especially on a day like this, I am lucky to keep green pips.. Hope to reach the next level slow and steady.. Thanks Dee for all you support..

1.075 baby.. c'mon! (please )










out+15

i have a question regarding your chart. Between 7 am and 9 am you will find dbl tp + stoch and macd divergence + brn yet the reversal wasnt major. Any tips on how i can avoid those trades? Thanks in advance

I think it was possibly a valid signal to go short except that the time of the signal was before European open. At those times the signals need to be taken with a pinch of salt.

In more than 10 years of my experience in market, which honestly, I'm still TRYING to have a constant and continual profit, this thread and your trading strategies and style is the best I've ever seen in many years of observing various strategies of other traders.

many congratulation to you and wish you all the best dee50,

honestly when I look at your trading results, sometimes I'm so jealous why I cannot take even half of these trades after working since 2005 as a full-time Forex trader.
I say jealous, take it positive my friend, I mean you are superb trader IMO.

In what post can I see your trading strategies if any with detail?
please correct me if I'm wrong

you watch M10 with 10 Pips brick, however you enter and exit in M3 with 3 pips brick size based on HTF ,hiddenD and realD.
I'm familiar with these kind of MTF strategies and Getting in by lower TimeFrame divergences base on HTF's main trend.
BUT, the thing I'm really excited to know more, is your EXIT.

-----BECAUSE your ENTRY POINT is defined by divergences and changing of Renko color (hidden / real)
(I know even in this condition overlapping divergence and S&R and other factor in some Trading Zone and areas can double the probability)

-----your SL is defined mainly beyond the recent peak/bottom of entry point.

-----BUT your exits are awesome, however I couldn't realize your exit strategy ! because personally I think, this is not based on one parameter.

May I ask you if your time allows you to explain more, upload different photos for different exit senarios which you have faced with.

*sometimes, reaching SLOW MA (actually I don't know what are the timeframes of your MAs)
*sometimes, S&R
*sometimes, trend-lines
*sometimes, facing with HTF divergence which signals the possibility of changing the trade
*sometimes, less volatility of market
*sometimes, opposite divergence on same timefrade (M3)
*sometimes, opposite divergence on higher timeframe (M10)


but the thing is really thinkable and questionable is that your profit factor could be really high and drowdown is really low in your statement with these results.
this the result why your trading style is unique IMO.

by the way, I'm really happy to see that you're trading for living, celebrating your public holidays with your family, having usual trips, posting in FF and guiding some traders like me, which it means TRADING FOR LIVING.

sorry for my really long story and question as well.
good luck, I will try to join in this thread and breaking my writing taboo, because I really enjoyed and calmed by your trading style.

The only bad thing is my timezone which I live in Australia and I'm in bed when market is going to wake up which I can increase the timeframe to lower my risk.
any opinion to fix up my timezone issue would also be really appreciated my friend

SAM

EU +13
EDIT: sorry It was +20 S 1.0776 -> 1.0756

nice,
holding my shorts,
maybe next stop 1.072 zone..

out first short +35 on opposite div,

second short +32 ongoing for 1.072 zone

bravo !

========

Hi Sam,

Surely there are enough good to excellent trades during your morning session until London opens?
That should be more than enough opportunity to make your quota for the day.
Dee and others like me, don't get up for Asian session for the same reason as yours.
Continued success to you.

SL hit +10
not at monitor and I fell into the trap.
clear Rdiv would save 20 pip.
this is the move before news again?

EU ...target for +30 ... ;]

EU +32. +23. +45 + Ongoing. Sorry people I still have relatives with me, so no time to respond. This is my situation today.

Well, I have same timezone issues, today I got up at 1:30am to start trading at 7.00am London time and went to bed again at 3:00am when made 17.5 pips net (2 loss and 1 win), then get up at 6:00am to go to work, so I do not trade at NY open . I need to quit my job or trade with daily timeframe. Good luck, Regards

Dee,

If you get a chance would you be able to post the 10 pip Renko Chart for the above timeframe. I am still trying to get to grips with trading this technique and comparing the 10pip and 3pip helps me see where the trades were identified. I appreciate your still busy with guests so if it's not possible this time I totally understand. If you could keep it in mind for next time though that would be great.

Kind Regards

Des

EU +45 +60 +44. Final TP hit, looks like there is more downside but I am out and done. I have made enough for the plane tickets so I can send the relatives home. AT Last!!

i'm on the bear train!
next possible stop on 1.065 1.063