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  • #2,201
  • Jun 22, 2015 9:31am Jun 22, 2015 9:31am
DE30 +70 +ongoing. Divergence back into trend at the 38% Retr. I have taken 1 off for 70 but I am just holding on for that little push up to take the last one, either way i will close it if it comes back for 100 i am not in the mood to give too much back today.

Update. I have moved the sl up to the BRN, now it will either go to TP for +156 or sl for +111. price is really struggling to break higher and the stochs and MACD are shaping up for a squeeze which means it will pop in one direction or the other.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 +70 +ongoing 220615.png Size: 45 KB
Cut your Losers short and let your Winners run.
  • #2,202
  • Jun 22, 2015 9:48am Jun 22, 2015 9:48am
DE30 +70 +156. It popped.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 +70 +156 220615.png Size: 44 KB
Cut your Losers short and let your Winners run.
  • #2,203
  • Jun 22, 2015 9:56am Jun 22, 2015 9:56am
EURUSD back at 1.14, you were right Dee, if I had trailed my last trade with a bigger SL.............

Anyway nice profit in a bumpy market...
the market is not random but anything can happen.
  • #2,204
  • Jun 22, 2015 10:06am Jun 22, 2015 10:06am
DAX. lest we forget. There is a 223 point Gap to be filled. maybe not today, maybe not tomorrow but some day.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30H1 GAP 220615.png Size: 54 KB
Cut your Losers short and let your Winners run.
  • #2,205
  • Jun 22, 2015 10:23am Jun 22, 2015 10:23am
Quoting vspatrick
EURUSD back at 1.14, you were right Dee, if I had trailed my last trade with a bigger SL............. Anyway nice profit in a bumpy market...
Under these circumstances, any profit is a nice profit.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM3 tight channel 220615.png Size: 63 KB
Cut your Losers short and let your Winners run.
  • #2,206
  • Jun 22, 2015 10:51am Jun 22, 2015 10:51am
Hey dee is your channel hand drawn or auto thanks.
  • #2,207
  • Jun 22, 2015 12:14pm Jun 22, 2015 12:14pm
Quoting Rondi
Hey dee is your channel hand drawn or auto thanks.
http://www.forexfactory.com/showthre...75#post8265175
Cut your Losers short and let your Winners run.
  • #2,208
  • Jun 22, 2015 4:11pm Jun 22, 2015 4:11pm
Quoting dee50
Can you guys do me a favour, can you tell me what spread you are getting on the DAX with your brokers. My broker Tickmill has opened the spread to 3 points from 1 point, which is out of order because they charge a commission for each side. if I am paying a commission I do not expect the spread to widen and certainly not to triple!! I have looked at IG.com one of the largest providers of CFDs and they are still at 1 point. EDIT. Now tickmill have widened it to 4 points. Looks like I am changing Brokers!!
Tickmill is just an ugly offshore bucket shop. Your gains are their losses. I'm sure someone overthere is stalking you by now. Waiting for your mistake. To get caught up on the wrong side of the trade (and without stop loss) in the moment when some unscheduled, breaking news comes out. Then you will experience server connection loss...until margin call.
:: everything is awesome ::
  • #2,209
  • Jun 22, 2015 4:23pm Jun 22, 2015 4:23pm
Setting up for tomorrow, break of 1.135.....

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 2015-06-23 à 01.21.55.jpg Size: 422 KB
the market is not random but anything can happen.
  • #2,210
  • Jun 22, 2015 5:40pm Jun 22, 2015 5:40pm
Quoting dee50
DE30 +70 +156. It popped. {image}
Dee,

Why wouldn't you consider a long at the WHITE circled area? The stochastic is nice and there is divergence..........to me it is very similar setup as the one you have taken for your long trade. Just trying to figure out why you waited?

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 +70 +156 220615.png Size: 41 KB
  • #2,211
  • Jun 22, 2015 7:06pm Jun 22, 2015 7:06pm
Quoting PipMonster1
{quote} Dee, Why wouldn't you consider a long at the WHITE circled area? The stochastic is nice and there is divergence..........to me it is very similar setup as the one you have taken for your long trade. Just trying to figure out why you waited? {image}
Wild guess... Maybe he waited for fibo retracement?
Energy, frequency and vibration.
  • #2,212
  • Jun 23, 2015 12:24am Jun 23, 2015 12:24am
Quoting PipMonster1
{quote} Dee, Why wouldn't you consider a long at the WHITE circled area? The stochastic is nice and there is divergence..........to me it is very similar setup as the one you have taken for your long trade. Just trying to figure out why you waited? {image}
Weekly R1 pivot was too close. At least on my chart.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX - too close WR1.png Size: 55 KB
:: everything is awesome ::
  • #2,213
  • Jun 23, 2015 2:10am Jun 23, 2015 2:10am
Quoting dee50
DAX. lest we forget. There is a 223 point Gap to be filled. maybe not today, maybe not tomorrow but some day. {image}
I had a long trade going yesterday and was going to leave it to run to reach 11565, with SL at BE. Then decided against it in case price gapped in the wrong direction. I know it was the right decision but it still hurts as the Dax exceeded 11565.

Anway, I have an account with both GKFX and ETX, but trade on GKFX. Just noticed this morning: ETX does not show this gap. The price gap occurs because of movement in Asian session. Trading the Dax on GKFX is from 07:00-19:00 UK time. The Dax on ETX seems to be tradeable 24 hours. ETX (on my chart at least) does show a small price gap at FO but my ETX platform did freeze and had to be restarted.
  • #2,214
  • Edited 4:12am Jun 23, 2015 3:54am | Edited 4:12am
Quoting PipMonster1
{quote} Dee, Why wouldn't you consider a long at the WHITE circled area? The stochastic is nice and there is divergence..........to me it is very similar setup as the one you have taken for your long trade. Just trying to figure out why you waited? {image}
5 Pip chart for more detail. Where it looked good on the 10 pip chart there was conflict on the 5 pip. if in doubt, wait, if this was a reversal it would show it's self. Triple Divergence on the next swing down at the 38% retr and Daily Open, a lot more convincing
Attached Image (click to enlarge)
Click to Enlarge Name: DE30M3 220615.png Size: 65 KB
Cut your Losers short and let your Winners run.
  • #2,215
  • Jun 23, 2015 4:11am Jun 23, 2015 4:11am
Quoting mact4
{quote} I had a long trade going yesterday and was going to leave it to run to reach 11565, with SL at BE. Then decided against it in case price gapped in the wrong direction. I know it was the right decision but it still hurts as the Dax exceeded 11565. Anway, I have an account with both GKFX and ETX, but trade on GKFX. Just noticed this morning: ETX does not show this gap. The price gap occurs because of movement in Asian session. Trading the Dax on GKFX is from 07:00-19:00 UK time. The Dax on ETX seems to be tradeable 24 hours. ETX (on my chart...
Yes there is a similar situation in Futures, e-mini S&P and some others, have 2 sessions, the 24 hr and the Cash session there is an obvious Gap when trading the Cash Session which does not show on the 24hr. Despite the Gap being artificial it is traded. CFDs I notice are also listed as 2 sessions. 24hr and Cash. Take your pick.
The Cash session is a throwback to the times of the Floor Trader there has been talk of eliminating the Cash session in Futures because floor traders are a dying breed.
Cut your Losers short and let your Winners run.
  • #2,216
  • Jun 23, 2015 10:19am Jun 23, 2015 10:19am
Waited most of the day for Divergence, hidden Div appeared first but was not sure what to do with that so waited. Eventually saw some divergence but as it was not strong (in my opinion) I waited for the chart to clear the BRN below before entering a short. At one point the trade was up around 22 Pips but held on too long and got stopped out for 1 Pip. I need to have the confidence to enter earlier or at least recognise when to get out !!!!
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M2.png Size: 40 KB
  • #2,217
  • Jun 23, 2015 10:23am Jun 23, 2015 10:23am
Quoting des_b
Waited most of the day for Divergence, hidden Div appeared first but was not sure what to do with that so waited. Eventually saw some divergence but as it was not strong (in my opinion) I waited for the chart to clear the BRN below before entering a short. At one point the trade was up around 22 Pips but held on too long and got stopped out for 1 Pip. I need to have the confidence to enter earlier or at least recognise when to get out !!!! {image}
The stochastic bottoming out is a good indication to get out, or at least take a partial and move your SL. Greed kills.
  • #2,218
  • Jun 23, 2015 2:17pm Jun 23, 2015 2:17pm
Quoting dee50
{quote} 5 Pip chart for more detail. Where it looked good on the 10 pip chart there was conflict on the 5 pip. if in doubt, wait, if this was a reversal it would show it's self. Triple Divergence on the next swing down at the 38% retr and Daily Open, a lot more convincing {image}
Thanks for that Dee - quite insightful (just couldn't see anything on that 10 renko to justify that entry over the previous). I do remember now that you were saying earlier that a check on the smaller TF (5 renko) for entry and then to manage the trade on the larger TF (10 renko) was the way to go for the DAX.

Thanks Dee

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  • #2,219
  • Jun 23, 2015 3:26pm Jun 23, 2015 3:26pm
Just the 1 trade for me today on the Dax. +19.7 Liking this combination of MA in colour plus TMA cg thingy for entry. Nice and simple.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.LongDax.png Size: 77 KB
  • #2,220
  • Jun 24, 2015 4:49am Jun 24, 2015 4:49am
A bit late to sit down tonight but that will do straight up ..... +29

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM2 240615.png Size: 38 KB


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