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  • #3,441
  • Sep 23, 2015 5:22am Sep 23, 2015 5:22am
back short (in late) flag PB 38.2 and break
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1m
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EDIT out +22 127%
nescentia necat
  • #3,442
  • Sep 23, 2015 6:47am Sep 23, 2015 6:47am
GER30 +110+163. +84. +20. Done for the day. Why was the TP at the 161.8% Exp and not the 200%, simple the "3" point extended past the 61.8% retr of the 123 pattern, CD=AB that makes the 161.8% the target, also just above is the 38% Retr of yesterdays Hi Lo. I have circled the points of interest.

The last trade was a bit optimistic, Dbl Btm +div @ S&R, technically a good looking setup, but, we had already had a Lower High so I was cautious, I killed it after the 5 pip showed another LH. Also look at the stochs, did not make it back above the 50%.
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Cut your Losers short and let your Winners run.
  • #3,443
  • Edited 7:15am Sep 23, 2015 6:58am | Edited 7:15am
Quoting dee50
GER30 +110+163. +84. +20. Done for the day. Why was the TP at the 161.8% Exp and not the 200%, simple the "3" point extended past the 61.8% retr of the 123 pattern, CD=AB that makes the 161.8% the target, also just above is the 38% Retr of yesterdays Hi Lo. I have circled the points of interest. The last trade was a bit optimistic, Dbl Btm +div @ S&R, technically a good looking setup, but, we had already had a Lower High so I was cautious, I killed it after the 5 pip showed another LH. Also look at the stochs, did not make it back above the 50%....


this is my 10p until now...
but I do not have all those beautiful levels !!
tristeza
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1m
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we also want those 123 good levels . This is not fair!
dee knows already do! are we that we need!!
it rains, it pours!
nescentia necat
  • #3,444
  • Sep 23, 2015 7:32am Sep 23, 2015 7:32am
Quoting friska
{quote} this is my 10p until now... but I do not have all those beautiful levels !! tristeza {image} {image} 1m {image} we also want those 123 good levels . This is not fair! dee knows already do! are we that we need!! it rains, it pours!
See what you mean, this is another brokers chart it too has a different Low than the one I am currently using.
IG.com are showing 9456 as the low
Investing.com are showing 9496 as the low

Obviously just like the Forex market it is take your pick!!!
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Cut your Losers short and let your Winners run.
  • #3,445
  • Sep 23, 2015 7:44am Sep 23, 2015 7:44am
Quoting dee50
{quote} See what you mean, this is another brokers chart it too has a different Low than the one I am currently using. IG.com are showing 9456 as the low Investing.com are showing 9496 as the low Obviously just like the Forex market it is take your pick!!! {image}
Yes sure,
It is not the first time that we talk about these differences,
but I am always surprised when it happens ...
however, it was said in jest,
to each his own choice!
nescentia necat
  • #3,446
  • Sep 23, 2015 7:53am Sep 23, 2015 7:53am
Quoting friska
{quote} Yes sure, It is not the first time that we talk about these differences, but I am always surprised when it happens ... however, it was said in jest, to each his own choice!
I'd say this is difference between 24h DAX and normal one. I use normal dax for pivot points and trade 24h for better spread and analysis.
  • #3,447
  • Sep 23, 2015 8:33am Sep 23, 2015 8:33am
Quoting nuckern
{quote} I'd say this is difference between 24h DAX and normal one. I use normal dax for pivot points and trade 24h for better spread and analysis.
Good Point. The current broker I am using is 24H, the previous one was not. So now I do not see the Gaps
The brokers giveth with one hand and taketh twice as much with the other.
Cut your Losers short and let your Winners run.
  • #3,448
  • Edited 9:30am Sep 23, 2015 9:07am | Edited 9:30am
GER30. +70(x2). +57(x2). +45(x2). I actually thought Draghi sounded quite mellow, he certainly did not say much considering how many words he used, do you think he will eventually become president of Italy he seemed to be practising to become a politician.

EDIT. I have added the 5 pip chart otherwise you might be wondering why I took any of the trades.
EDIT. Sorry I left off the 2b + Div, I have replaced the 5 pi chart chart.
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Cut your Losers short and let your Winners run.
  • #3,449
  • Sep 23, 2015 9:15am Sep 23, 2015 9:15am
Just when I thought I was getting the hang of divergence... what's the better signal stochastics or macd?
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  • #3,450
  • Sep 23, 2015 9:24am Sep 23, 2015 9:24am
Quoting superjolt
Just when I thought I was getting the hang of divergence... what's the better signal stochastics or macd? {image}
On Renko charts the MACD is best for Divergence signals because Stochastics will repeatedly max out at OB or OS, however, when Stochastics does show Divergence as in your chart it is worth taking notice of. BTW you realize that the MACD is not showing Divergence in this chart? or are you just highliting the difference?
Cut your Losers short and let your Winners run.
  • #3,451
  • Sep 23, 2015 9:30am Sep 23, 2015 9:30am
Quoting dee50
{quote} On Renko charts the MACD is best for Divergence signals because Stochastics will repeatedly max out at OB or OS, however, when Stochastics does show Divergence as in your chart it is worth taking notice of. BTW you realize that the MACD is not showing Divergence in this chart? or are you just highliting the difference?
Thanks Dee50, makes sense. By comparing them I was trying to suggest that the macd indicated no divergene whereas the stochastics indicated regular divergence. I guess it's something that will eventually become second nature in spotting!
  • #3,452
  • Sep 23, 2015 9:46am Sep 23, 2015 9:46am
Quoting dee50
GER30. +70(x2). +57(x2). +45(x2). I actually thought Draghi sounded quite mellow, he certainly did not say much considering how many words he used, do you think he will eventually become president of Italy he seemed to be practising to become a politician. EDIT. I have added the 5 pip chart otherwise you might be wondering why I took any of the trades. EDIT. Sorry I left off the 2b + Div, I have replaced the 5 pi chart chart. {image} {image}

excellent trades,as always
nescentia necat
  • #3,453
  • Sep 23, 2015 10:36am Sep 23, 2015 10:36am
Quoting friska
{quote} excellent trades,as always
Thank you, but you have come a long way your self, I remember when you first arrived, still dribbling out of the corner of your mouth and now look at you.

Time for my afternoon nap.

CU 2morow
Cut your Losers short and let your Winners run.
  • #3,454
  • Sep 23, 2015 10:42am Sep 23, 2015 10:42am
Quoting dee50
GER30 +110+163. +84. +20. Done for the day. Why was the TP at the 161.8% Exp and not the 200%, simple the "3" point extended past the 61.8% retr of the 123 pattern, CD=AB that makes the 161.8% the target, also just above is the 38% Retr of yesterdays Hi Lo. I have circled the points of interest. The last trade was a bit optimistic, Dbl Btm +div @ S&R, technically a good looking setup, but, we had already had a Lower High so I was cautious, I killed it after the 5 pip showed another LH. Also look at the stochs, did not make it back above the 50%....
Hello dee, you are really bringing home the pips.
for a beginner that wants to master just a chart, which do you reconmend; currency or GER30?

What is your setting of ultimate arrow indi?
Is your MACD same as the regular one on mt4 platform?
  • #3,455
  • Edited 11:23am Sep 23, 2015 11:06am | Edited 11:23am
Quoting dee50
{quote} Thank you, but you have come a long way your self, I remember when you first arrived, still dribbling out of the corner of your mouth and now look at you. Time for my afternoon nap. CU 2morow
that wonderful comment.
This only means that you are doing a good job,
master
It was a fortune to have come across your way.

...
my english however always remained that.
nescentia necat
  • #3,456
  • Sep 23, 2015 11:11am Sep 23, 2015 11:11am
Quoting Esosa
{quote} Hello dee, you are really bringing home the pips. for a beginner that wants to master just a chart, which do you reconmend; currency or GER30? What is your setting of ultimate arrow indi? Is your MACD same as the regular one on mt4 platform?
Currency or DAX. You should ask the others, which do they find the easiest to trade.

Ultimate Arrows. attached.

MACD. std MT4

Ultimate Arrows 5 pip
Attached Image

Ultimate arrow 10 pip
Attached Image
Cut your Losers short and let your Winners run.
  • #3,457
  • Sep 23, 2015 12:37pm Sep 23, 2015 12:37pm
Quoting dee50
{quote} Currency or DAX. You should ask the others, which do they find the easiest to trade. Ultimate Arrows. attached. MACD. std MT4 Ultimate Arrows 5 pip {image} Ultimate arrow 10 pip {image}
thanks for your prompt reply
  • #3,458
  • Sep 23, 2015 9:16pm Sep 23, 2015 9:16pm
Have a look at US30, US500, NAS100, JPN225, HK50, AUS200...WOW... so the DAX will move all the worlds stocks on fibs and stuff (and just the DAX's stocks will move all the rest??) Explanation is .................................!@##$%%$^^&*
  • #3,459
  • Sep 23, 2015 9:29pm Sep 23, 2015 9:29pm
All is an illusion.... the knowledge you are given 2 learn.... is a pollution... The people who help you...are there 2 scalp you....
  • #3,460
  • Sep 24, 2015 3:05am Sep 24, 2015 3:05am
Quoting dee50
{quote} I tend to agree with you, except I ignore long wicks when I draw my trend lines so at the moment we could be at a channel bottom / trend line. also ADR is 387 pips for today far in excess of the average 241 pips, and there is Divergence on the 4 hr. At this moment i would not be prepared to money on which direction we are going. {image} {image}
daily abyss scenery study
so to discuss while waiting...
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nescentia necat
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