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More simple is impossible

  • #2,161
  • Jun 19, 2015 10:03am Jun 19, 2015 10:03am
Quoting mact4
{quote} Here's my penny's worth: Shitty day yesterday but struck gold in the latter part - dumb luck but not complaining. Saw a 1-2-3. Entered long and had two TP. Set SL and left desk. It was evening time over here. First TP got hit but not second. Price was in steep retrace by the time I got back to desk. As second trade was at BE, figured I could see if I could claw back a few more pips on second trade. Finally closed for +255 and +258. Took another long at FO for +80. Today's short - exited too early. don't know why. Twitchy finger syndrome....
Hi Mact , where can I found a double smoothed ema ? thx
  • #2,162
  • Jun 19, 2015 10:07am Jun 19, 2015 10:07am
Quoting Turbobzik
{quote} Hi Mact , where can I found a double smoothed ema ? thx
I'm sorry I can't help you. I'm just using MT4 standard moving average. Dee's suggestion: 150 EMA and 50 EMA plus 20 SMA. Based on close prices.
  • #2,163
  • Jun 19, 2015 10:10am Jun 19, 2015 10:10am
This thread seems to have morphed somewhat,i thought Jaquemate the author of the thread purpose was to demonstrate trading without indicators and moving averages,every chart displayed now has a cocktail of both
  • #2,164
  • Jun 19, 2015 10:16am Jun 19, 2015 10:16am
Quoting watsone
This thread seems to have morphed somewhat,i thought Jaquemate the author of the thread purpose was to demonstrate trading without indicators and moving averages,every chart displayed now has a cocktail of both
Yes it has - sorry. My charts are very colourful. Still working on simplyfing but I need them to see help trend, direction, momentum and divergence. Still waiting for the day I can do without quite so many indicators.
  • #2,165
  • Jun 19, 2015 10:22am Jun 19, 2015 10:22am
Quoting Turbobzik
Hi Dee , ma 2 trades , what do you think about my 1 entry? I waited for the break and went in after analysis to state that I played against the trend (M15 second screen), ask for your opinion. thx PS Your results are amazing {image} {image}
If you click on the trade in your Trading Terminal, then left click and hold and drag it onto your chart it will place the arrows on the chart for you, we can see your entry and exit positions then, much easier to comment when we have that information.

I would not advise going counter trend, unless you have confirmation of a reversal, a 123 pattern at least, you will not make as many pips but you will at least enter when price direction has been confirmed. Just like your 2nd trade.
Cut your Losers short and let your Winners run.
  • #2,166
  • Jun 19, 2015 10:29am Jun 19, 2015 10:29am
Quoting mact4
{quote} Yes it has - sorry. My charts are very colourful. Still working on simplyfing but I need them to see help trend, direction, momentum and divergence. Still waiting for the day I can do without quite so many indicators.
Don't you dare apologise for using what works for you, especially when you are making good pips. There are many many so called"Clean Chart" " Naked Chart" traders who after years of trying can not make a profit.
Cut your Losers short and let your Winners run.
  • #2,167
  • Jun 19, 2015 10:44am Jun 19, 2015 10:44am
Quoting watsone
This thread seems to have morphed somewhat,i thought Jaquemate the author of the thread purpose was to demonstrate trading without indicators and moving averages,every chart displayed now has a cocktail of both
We would love to see your charts using Jaquemate's method, unfortunately no one has posted any not since jaquemate's last chart posting on the 27th January.
Cut your Losers short and let your Winners run.
  • #2,168
  • Jun 19, 2015 10:46am Jun 19, 2015 10:46am
Quoting gigioforex
{quote} the only time i make money with Forex is when i trade the dee50 way...no more to add. Thanks a lot for Your posting
You are welcome, I am glad it is working for you.
Cut your Losers short and let your Winners run.
  • #2,169
  • Jun 19, 2015 10:54am Jun 19, 2015 10:54am
Quoting des_b
Hi Folks, Still on demo as not consistent enough yet for real money but soon I hope !!!!, anyway today managed a short from a bounce from a BRN with Div. Managed to get in early enough this time to not get stopped at +1. However I did bottle it and closed the trade way too early and left lots on the table. Please feel free to comment/criticise the trade as I am always keen to try and learn from others experience. Cheers...Des {image}
There is nothing to criticise!! You identified the change in direction your entry was spot on, don't worry about the exit it takes time to develop the confidence to leave trades alone, but one thing critical to that is to identify your TP area if not before you enter but certainly shortly after, this way every time you suffer with TFS and price continues to your TP your confidence will build knowing that you are correctly identifying the target and eventually you will leave the trade alone, it certainly did not happen for me over night, I had to work at it for some time.
Cut your Losers short and let your Winners run.
  • #2,170
  • Jun 19, 2015 1:16pm Jun 19, 2015 1:16pm
Sorry this is not to do with the thread. I have been following this thread and trading this method on demo. After gaining confidence I used the signals to place trades in my live account on FXCM Trading Station.

My problem is for some reason my MT4 program has lost connection. I've tried everything from creating a new account, un-installing/reinstalling MT4 but it still doesn't work.

Anyone has any idea?

Thanks
  • #2,171
  • Jun 19, 2015 1:49pm Jun 19, 2015 1:49pm
Quoting dee50
{quote} If you click on the trade in your Trading Terminal, then left click and hold and drag it onto your chart it will place the arrows on the chart for you, we can see your entry and exit positions then, much easier to comment when we have that information. I would not advise going counter trend, unless you have confirmation of a reversal, a 123 pattern at least, you will not make as many pips but you will at least enter when price direction has been confirmed. Just like your 2nd trade.
Thanks DEE ! , I did not know about this trick now so I'll do that. I have a question for you about the trade that did not take . I marked the location of possible entry I think the 2 arrow is correct because I waited to break, am I right? or should take trade on 1 arrow ? thx and have a nice weekend !!!
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-06-19_203901.png Size: 44 KB
  • #2,172
  • Jun 21, 2015 5:09am Jun 21, 2015 5:09am
Quoting Turbobzik
{quote} Thanks DEE ! , I did not know about this trick now so I'll do that. I have a question for you about the trade that did not take . I marked the location of possible entry I think the 2 arrow is correct because I waited to break, am I right? or should take trade on 1 arrow ? thx and have a nice weekend !!! {image}
Both answers are correct. search out the PDF "Traders Trick Entry" in the attachments section.
Cut your Losers short and let your Winners run.
  • #2,173
  • Jun 21, 2015 10:26am Jun 21, 2015 10:26am
Quoting dee50
DE30 B/E +54 ongoing. Just 5 pips away from getting 147 pips, the temptation to close is ENORMOUS, especially as I need a Pee, and the thought is there that the DAX can pullback 50 pips in the blink of an eye, but the way to make profits is not to interfere with the trade unless conditions dictate otherwise. {image}
can you share the template file for this chart?
  • #2,174
  • Edited 4:40am Jun 22, 2015 4:02am | Edited 4:40am
In Short on Dax. Divergence and a little 123...
Attached Image (click to enlarge)
Click to Enlarge Name: 1.shortDax.png Size: 73 KB


Messed that up. ignored the divergence and was out for BE. Should have taken 20 instead.
  • #2,175
  • Edited 5:15am Jun 22, 2015 4:48am | Edited 5:15am
Trying Jaquemate method with dee50 template on EURUSD so far 2 trades this morning

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 26-12.jpg Size: 476 KB
the market is not random but anything can happen.
  • #2,176
  • Jun 22, 2015 5:13am Jun 22, 2015 5:13am
Quoting dee50
{quote} Both answers are correct. search out the PDF "Traders Trick Entry" in the attachments section.
thx dee
  • #2,177
  • Jun 22, 2015 5:41am Jun 22, 2015 5:41am
SL too close; anyway 2 trades and +53p, done for today.
the market is not random but anything can happen.
  • #2,178
  • Jun 22, 2015 6:15am Jun 22, 2015 6:15am
Quoting iak
In Short on Dax. Divergence and a little 123... {image} Messed that up. ignored the divergence and was out for BE. Should have taken 20 instead.
You entered on a 123 CT, if you had used the 123 Targets you would have been out for 28 just before the divergence kicked in, but really nice entry to start off with.
Cut your Losers short and let your Winners run.
  • #2,179
  • Jun 22, 2015 6:19am Jun 22, 2015 6:19am
Quoting vspatrick
SL too close; anyway 2 trades and +53p, done for today.
What so soon. nice to be done quickly, and I really like your discipline, get your target for the day and leave, avoid temptation, some thing I still struggle with.
Cut your Losers short and let your Winners run.
  • #2,180
  • Jun 22, 2015 6:25am Jun 22, 2015 6:25am
Quoting tunera
{quote} can you share the template file for this chart?
baffled as to why you would want a template of this method as you have been trading clean charts since at least 2010, probably longer, I would have thought Jaquemate's original diagonal trend line method would be more suited to your style of trading!
Cut your Losers short and let your Winners run.
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