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More simple is impossible

  • #2,221
  • Jun 24, 2015 10:41am Jun 24, 2015 10:41am
Think I must be missing stuff in the DAX , not seeing any opportunities today, very frustrating.....
  • #2,222
  • Jun 24, 2015 11:14am Jun 24, 2015 11:14am
Since its daily range at the time of writing is 226 then you sure have missed a lot.
  • #2,223
  • Jun 25, 2015 3:26am Jun 25, 2015 3:26am
DE30 +57+103. +71+85. yesterdays trades. Sorry, yet another crisis yesterday that had to be dealt with, I would love to know where "The relaxed way of life" that is supposed to be here in Spain is? I haven't felt relaxed since I came to this place, we have seriously considered moving to another country but in our experience the "Grass is rarely greener on the other side" it is just a different set of problems!
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 +57+103.+71+85 240615.png Size: 65 KB
Cut your Losers short and let your Winners run.
  • #2,224
  • Jun 25, 2015 6:27am Jun 25, 2015 6:27am
Quoting Jaquemate
Im using this expert aplicated to 5m chart. There are more renko experts. {file}
the indicator not working on my platform !!
  • #2,225
  • Jun 25, 2015 6:48am Jun 25, 2015 6:48am
Quoting manchester99
{quote} the indicator not working on my platform !!
That is because it is an old EA, look in the attachments for a more up to date one.
Cut your Losers short and let your Winners run.
  • #2,226
  • Jun 25, 2015 7:02am Jun 25, 2015 7:02am
DE30 +105. DE30 +8+25+2+2+3+5+20 (65pips). First trade was luck, a politician farted and price shot up with the hot air. The rest of the trades were scalp trades. With the pungent aroma emanating from Brussels i am not expecting a clear direction and although I could just continue to scalp, I am not.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30+105+8+25+2+2+3+5+20 250615.png Size: 60 KB
Cut your Losers short and let your Winners run.
  • #2,227
  • Jun 25, 2015 7:33am Jun 25, 2015 7:33am
DE30 +30 more. Here is another 30. Some people would say that 30 pips is not scalping, it is on the DAX.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 +30 more 250615.png Size: 59 KB
Cut your Losers short and let your Winners run.
  • #2,228
  • Jun 25, 2015 7:56am Jun 25, 2015 7:56am
but in our experience the "Grass is rarely greener on the other side" it is just a different set of problems!

or same sh*t - different day.
  • #2,229
  • Jun 25, 2015 8:25am Jun 25, 2015 8:25am
DE30 +30 +ongoing. One more for luck, Taken 1 off for 30 will see how the other half runs sl is at B/E +3 at the moment, we have a dbl btm at short term S&R, BRN but no Div, will let this pullback happen and then see where we are.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30+30+ongoing 250615.png Size: 60 KB
Cut your Losers short and let your Winners run.
  • #2,230
  • Jun 25, 2015 8:35am Jun 25, 2015 8:35am
I have just Farted, twice, to see if I could get the price to go down a bit quicker, the only reaction I got was from my wife who has left the room, so obviously I need a journalist in the area to report on it other wise nothing will happen
Cut your Losers short and let your Winners run.
  • #2,231
  • Jun 25, 2015 8:36am Jun 25, 2015 8:36am
SL is now B/E +20, price came to within 7 pips of my TP
Cut your Losers short and let your Winners run.
  • #2,232
  • Jun 25, 2015 8:40am Jun 25, 2015 8:40am
I was wrong, Farting did work, price has dropped by 83 pips, I just needed to allow enough time for the aroma to filter thru the market!!
Cut your Losers short and let your Winners run.
  • #2,233
  • Jun 25, 2015 8:45am Jun 25, 2015 8:45am
DE30. +30 +60. I did not think my farts were that strong, but as there is no other news it can be the only reason for all this sudden movement.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 +30 +60 250615.png Size: 56 KB
Cut your Losers short and let your Winners run.
  • #2,234
  • Jun 25, 2015 9:59am Jun 25, 2015 9:59am
This probably has little to do with the thread but just wanted to say thanks! In 10+ years I have never used renko charts and after looking at this thread and setting them up they seem to be a much better way for limiting risk and filtering out all the additional noise. I will continue reading and learning about this simple system but will be looking at it for swing trading use!

Thanks again to everyone on this thread for their examples and how to set these things up!
  • #2,235
  • Jun 26, 2015 8:38am Jun 26, 2015 8:38am
Yes, It is simple ! Dee uses obvious indicators which mainly have been used for many many years.

BUT

No one else has been followed exact condition of entry and exit points and overall rules as Dee

I have been following this thread for long time, but no one except Dee posts here and put its +100 +70 +150 +80 pips for this system.

They only ask some questions, thanks and move on.

Maybe I'm stupid and you all can understand the all rules and harvesting pips everyday, so if you are, please explain me as well or post something to make some traders like me clear, unless you don't want to share which has no point to posting in here everyday.

The ONLY rider is Dee for long time , oh no FRISKA sometimes post totally different system using classic pattern and TL and S/R which is 100% irrelevant to Dee's system !

Dee posts +100 +150 +30 +70 ( not bad for today )
and
Others -5 +3 BE +15 -2 BE +2 -20 ( brilliant system - wonderful ! )


I am 100% sure the system is really simple, really useful because Dee can use the system and gain many pips everyday ( knock on the wood ), so it's clear

BUT

For others is not, because no one is participating here with almost same rules and result and trading which means rules are not clear to be explicited !

I want to post my trades here, participate, but I can't because I don't know the entry, exit and other rules.

In my opinion, some foundation are needed to reach the similar result as Dee
  • #2,236
  • Jun 26, 2015 10:07am Jun 26, 2015 10:07am
Quoting Subrina_FX
Yes, It is simple ! Dee uses obvious indicators which mainly have been used for many many years. BUT No one else has been followed exact condition of entry and exit points and overall rules as Dee I have been following this thread for long time, but no one except Dee posts here and put its +100 +70 +150 +80 pips for this system...
I'd been struggling to be consistently profitable but failing miserably. There are some fantastic threads here but they soon overwhelm anyone coming late into it - which is where I found myself in the TMS thread. Then I had a light bulb moment some weeks back. I decided it was smarter to shadow someone who is obviously successful. There were a few who made my short list but Dee's method of trading interested me plus he seems happy to teach; so I started stalking him! You can learn a lot from seeing how someone trades and more importantly, when they don't take a trade. Dee seems to be quite happy in this thread at the moment. Long may it continue !��
  • #2,237
  • Jun 26, 2015 10:22am Jun 26, 2015 10:22am
Quoting mact4
{quote} I'd been struggling to be consistently profitable but failing miserably. There are some fantastic threads here but they soon overwhelm anyone coming late into it - which is where I found myself in the TMS thread. Then I had a light bulb moment some weeks back. I decided it was smarter to shadow someone who is obviously successful. There were a few who made my short list but Dee's method of trading interested me plus he seems happy to teach; so I started stalking him! You can learn a lot from seeing how someone trades and more importantly,...

Happy to here that, really glad that you have found the method clear.

I respect Dee as real master and we all can see the wonderful results, so I really enjoy to see the 100s of pips everyday

But watching pips cannot pay your bills, I'm talking about making the same pips by someone else.

I say many use the same template, same divergence, same renko, same 5/10 pips multi chart and same rules,

But no one has 10% of the Dee's result.

I say many traders might discover the Divergence ( HD / RD ) , and also have the same templates,

BUT Dee gains 100 + 50 +80 + 20 + 5 + 20 + BE +150 +65 for a day

And others just 10+ BE -5 for the same day.

Do if there is a clear rule, why at least 1 person, not all, just 1 person cannot make the even 50+ in one trade or 100+ in one trade with THIS SYSTEM not personal made.

Why Dee barely has losing trades but others have many BE , Losing Trades , and few and really small winning trades.

This the what I'm talking about.

This is the trigger of the system, not just applying the same template and dreaming the same pips.
  • #2,238
  • Jun 26, 2015 10:31am Jun 26, 2015 10:31am
Quoting Subrina_FX
{quote} Happy to here that, really glad that you have found the method clear. I respect Dee as real master and we all can see the wonderful ....
It is possible to improve though! But it will take time and patience. Dee is a master not just with his entry but for me, more importantly, his exits. Sometimes I find myself in the same trade as him, but where he has wisely taken his profits, I've hung in for more only to give back loads.

Today i've made a total of 80pips, it was higher at one stage but as always I give back some to the market but I live and learn.
  • #2,239
  • Jun 26, 2015 10:52am Jun 26, 2015 10:52am
Quoting mact4
{quote} It is possible to improve though! But it will take time and patience. Dee is a master not just with his entry but for me, more importantly, his exits. Sometimes I find myself in the same trade as him, but where he has wisely taken his profits, I've hung in for more only to give back loads. Today i've made a total of 80pips, it was higher at one stage but as always I give back some to the market but I live and learn.

Exactly my point is the EXIT , for example there are many exit strategy such as

BRN ,
161 % Fibo,
161% 1-2-3 ,
200% 1-2-3 ,
bigger TF OS/OB , ( 10 pips Renko )
bigger TF HD/RD , ( 10 pips Renko )
Smaller TF OS/OB ( 5 pips Renko )
bigger TF HD/RD , ( 5 pips Renko )
Moving Averages ( 50 , 150 , change color , trigger , touch, cross )
Renko Color Change ( 5 pips, 10 pips )
...

So which one and where ? why this time exit by 161% and next one exit with 200% , why some exits +2 and others +150 ) ?
Why some time looking back to lower time frame for exit while other time look back to the higher time frame for exit ?

I mean this system is not only the applying template to the chart and following the general rules

There are some general rules ( finding higher time frame divergence , triggering in lower divergence and etc. ) , however, the main thing is the exit point which is the future of the price action which has not been happened yet.

So I will jump in late and jump out early with the same rules and same template
while
Dee Jump in exactly on turning point and exits exactly on turning point !!!

So this rises my question, what action happens on Dee's mouse clicks and what are the difference with my rookie and disgusting trades.



However I should say that I have my own system trading with multi time frame stochastic and divergence and making money with lots of up and down
but
Dee showed me that I'm still a rookie after 10 years of experience. I though that I'm good at trading, but Dee's results are absolutely

Hopefully all you understand my questions and main points on my posts.
  • #2,240
  • Jun 26, 2015 10:56am Jun 26, 2015 10:56am
Hi Subrina_FX,

I too am struggling a bit with the system, however I recognise that the issue is not with how Dee trades but how I trade. Having come from a technical background there is a temptation to try and trade in a formulaic manner i.e. If Price Above X and Indicator shows Y and Moving Average is X etc. etc. then trade is triggered. Whilst this is tempting I have found through my experience that it does not work,I now appreciate that trading is a skill and many nuances come in to place as such it has to be practised and practised. I appreciate Dee taking the time to post his trades and I study them as they are posted to try and understand why he traded the way he did. Like anyone who has invested time in developing a skill I think it is hard to pass that knowledge on indirectly, its like Dee trying to teach us to ride a bike by describing how he rides a bike, no matter how well it is explained you only appreciate the difficulties and learn the skills through practice. Don't mean to be negative as I would recommend this forum to anyone and hope that Dee keeps up the posts and comments as I have found them to be one of the best resources I have found

Cheers...Des
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