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  • #2,061
  • Jun 4, 2015 12:08pm Jun 4, 2015 12:08pm
Quoting dee50
DE30. +2 +50. just to finish the day off. Now I am going to water my vegetables. {image}
Dee

After such a quick sharp drop on the Dax, what gave you the confidence to take the long side? Yes, I saw the divergence, but what gave you the confidence that price will have any momentum to the upside?
  • #2,062
  • Jun 5, 2015 3:30am Jun 5, 2015 3:30am
Quoting dee50
A little gem from "islander" DPS is the only way to go...Discipline, Patience and a SYSTEM are the pre-requisites for Profitable Trading as we both know from hard won experience.
holy words
nescentia necat
  • #2,063
  • Jun 5, 2015 4:10am Jun 5, 2015 4:10am
Quoting mact4
{quote} Dee After such a quick sharp drop on the Dax, what gave you the confidence to take the long side? Yes, I saw the divergence, but what gave you the confidence that price will have any momentum to the upside?
Confidence is the wrong word. As for momentum, that is some thing the DAX is not short of in any direction.
And note that my first trades TP was at the S&R level only 30 ish points away, a quick jump for the DAX.
Here is what I saw on the 4Hr and the 5 point Renko.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: DE30H4MACT 40615.png Size: 59 KB
Cut your Losers short and let your Winners run.
  • #2,064
  • Jun 5, 2015 4:24am Jun 5, 2015 4:24am
You did well dee - m5 chart full of long wicks.
  • #2,065
  • Jun 5, 2015 4:28am Jun 5, 2015 4:28am
Quoting dee50
{quote} Confidence is the wrong word. As for momentum, that is some thing the DAX is not short of in any direction. And note that my first trades TP was at the S&R level only 30 ish points away, a quick jump for the DAX. Here is what I saw on the 4Hr and the 5 point Renko. {image} {image}
Thank you very much.
  • #2,066
  • Edited 5:55am Jun 5, 2015 5:25am | Edited 5:55am
all right patience,
but today we go to sleep!

dax 4H rsi channel and eu 4H rsi channel too
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-06-05 alle 12.22.38.png Size: 94 KB
nescentia necat
  • #2,067
  • Edited 9:28am Jun 7, 2015 8:57am | Edited 9:28am
continuing post 1308 1322 1323 etc...

Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-06-07 alle 03.54.25 PM.png Size: 150 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-06-07 alle 03.54.54 PM.png Size: 111 KB
nescentia necat
  • #2,068
  • Jun 8, 2015 3:12am Jun 8, 2015 3:12am
DE30 (DAX) +50 +52. Nice start to what is likely to be a quiet week. It is also nice to have the TM working again. No fiddling around with SL or TP. Set and Forget.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 +50 +52 80615.png Size: 50 KB
Cut your Losers short and let your Winners run.
  • #2,069
  • Jun 8, 2015 3:24am Jun 8, 2015 3:24am
Quoting friska
continuing post 1308 1322 1323 etc... {image} {image}
What it is it, what are they trying to tell us?? I take it you intercepted this from NASA??
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #2,070
  • Edited 3:41am Jun 8, 2015 3:29am | Edited 3:41am
Quoting dee50
{quote}What it is it, what are they trying to tell us?? I take it you intercepted this from NASA?? {image}

nice interpretation
nescentia necat
  • #2,071
  • Jun 8, 2015 4:00am Jun 8, 2015 4:00am
DE30(dax) +54. One more CT off Div @BRN. TP @200% Exp of the LTF 123 and Daily Pivot and BRN
Attached Image (click to enlarge)
Click to Enlarge Name: DE30+50+52+54 80615.png Size: 48 KB
Cut your Losers short and let your Winners run.
  • #2,072
  • Jun 8, 2015 4:05am Jun 8, 2015 4:05am
Quoting friska
{quote} nice interpretation
I realized that if you super impose the Earth section onto a world map that the lower arrows coincide with, the upper one is exactly over Berlin and the lower one is exactly over Athens.
From this I extrapolate that the Martians are sending a message to Berlin and Athens, perhaps they have a solution to the problem because it is fairly obvious we do not have a solution here on Earth.
Cut your Losers short and let your Winners run.
  • #2,073
  • Jun 8, 2015 7:48am Jun 8, 2015 7:48am
EU +64. Loverly setup. bottom of a HTF rising channel, 38% of previous day, divergence and a cheeky little Dbl bottom, it was worth a go there was plenty of room above to get out if necessary and B/E came cleanly and swiftly so no reason not to hang in there and see if it would go to TP.

No one else seems to be trading, I think I must have moved the market all on my own. I am going to call it a day before I end up giving it all back.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #2,074
  • Jun 8, 2015 7:57am Jun 8, 2015 7:57am
Here is the 10 pip Renko version of the last trade. Gives you a better picture of the reasons for the entry and exit.

Just for the Americans

Have A Nice Day. Big American Smile to go with it.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #2,075
  • Jun 9, 2015 3:13am Jun 9, 2015 3:13am
EU +2 +35. I think this will probably be the only trade for me today, unless some politician farts and the journalists interpret it as a statement then all hell could let lose.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #2,076
  • Jun 9, 2015 3:33am Jun 9, 2015 3:33am
here is a little reading material to stop you getting bored. I personally am switching off and going to go and fix a couple of things.
CU later when the Americans are up.
Attached File(s)
File Type: pdf DanskeTechnicalUpdate.pdf   64 KB | 319 downloads
File Type: pdf DanskeDaily.pdf   273 KB | 326 downloads
Cut your Losers short and let your Winners run.
  • #2,077
  • Jun 9, 2015 4:45am Jun 9, 2015 4:45am
Quoting dee50
here is a little reading material to stop you getting bored. I personally am switching off and going to go and fix a couple of things. CU later when the Americans are up. {image} {image}
Thanks for the PDFs Dee. Plse could you direct me to the page where you downloaded it from so that I can also get to it first thing in the morning. I did check through all Danske Bank links but could not find the PDFs.
Thank you in advance.
Continued success to you.
Hercs
  • #2,078
  • Jun 9, 2015 5:06am Jun 9, 2015 5:06am
Good day with Dax. Started off with a buy, for a quick short trip to MA but did not get out promptly enough. Gave back a few pips but at least ended with a small profit: +11.
Couldn't see bullish divergence but spotted a couple of hidden bearish divergence. Moved TP a couple of times due to momentum. Closed one trade for +122. Second trade at BE and ongoing. Price at Daily ATR so looking out for divergence to exit.
Attached Image (click to enlarge)
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  • #2,079
  • Jun 9, 2015 6:35am Jun 9, 2015 6:35am
DE30. +13 +67 +117. Good old DAX while others are asleep the Germans are beavering away. First trade I panicked and moved my sl down much sooner than I planned, the end result I got taken out, but for a profit, the 3rd trade I couldn't refuse the offer, a Breakout Pullback out of the bottom of the falling channel showing an increase in downward momentum. Unfortunately none of my trades hit TP infact I ended up scrambling for an exit as the 5 pip chart showed divergence, you have to be quick on your feet for the DAX thankfully all those years playing Full Back (rugby)(not that sissy game football) made me quick on my feet.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 +13 +67 +117 90615.png Size: 66 KB
Cut your Losers short and let your Winners run.
  • #2,080
  • Jun 9, 2015 6:43am Jun 9, 2015 6:43am
Quoting mact4
Good day with Dax. Started off with a buy, for a quick short trip to MA but did not get out promptly enough. Gave back a few pips but at least ended with a small profit: +11. Couldn't see bullish divergence but spotted a couple of hidden bearish divergence. Moved TP a couple of times due to momentum. Closed one trade for +122. Second trade at BE and ongoing. Price at Daily ATR so looking out for divergence to exit.{image}
points make prizes
Thanks for those trade calls they helped me out greatly this morning (it is not just the NSA watching you)

Nice going, isn't DAX a god send? we can always make a few pips here and there no matter what state the rest of the market.

Did you know that out of the 11,228 "traders" online here at FF, only 561 are actually actively trading be that live or demo.
Cut your Losers short and let your Winners run.
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