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  • #3,661
  • Oct 10, 2015 6:47am Oct 10, 2015 6:47am
Quoting superjolt
Made and lost a few on GER30 (don't even want to talk about yesterday), but happier with a couple of trades on EURUSD.. +28, +19 I don't want to have too many charts open to monitor, but today at least it seemed ok to have GER30 and EURUSD going to keep me awake. For some odd reason, I'd never noticed the Fib Expansion tool in MT4!!! Seemed to work out well though! {image}
nice trades and very readable chart.
  • #3,662
  • Oct 10, 2015 9:02am Oct 10, 2015 9:02am
Quoting Aeb82
{quote} nice trades and very readable chart.
Thank you kindly, nice of you to say so
  • #3,663
  • Oct 11, 2015 6:02am Oct 11, 2015 6:02am
some my thoughts about next weekend and beyond...=>Dec 2015

FIRST : sentiment
https://www.aaii.com/sentimentsurvey...esults?adv=yes
look at June 25 and October 8 = almost the same bullish 35-37% ...what has happened after June 25 ?...decline 55 points SP500...
My bias is bullish on SP500 but I welcome Corrections 50-55pts with pleasure.

SECOND : statistic
and next chart.
It is statistic projection of SP500 published on Sep 2015. It shows that after 115 sessions We could expect New Highs...but ...not so fast I think.

I assume that corrections will occur if FED raise rates ...what will happens on Dec 2015.

so ...we would have good time for nice raid untill end of the year.
Buy dips set stops and let the market do the rest have a nice weekend...!!!
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  • #3,664
  • Oct 12, 2015 8:26am Oct 12, 2015 8:26am
Dax BE+2, BE+2, 30, 39.....slow day so closed out for what its worth


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  • #3,665
  • Oct 12, 2015 12:33pm Oct 12, 2015 12:33pm
Quoting dee50
{quote} If you use the templates for the base charts, Avoid conflicts. 5 pip base chart is set up to use M3 Offline chart. 10 pip base chart will use M10 offline chart, if you have offline charts in use make sure they do not conflict. {file} {file}
Please Dee50 still trying to understand you clearly, I stumbled on this your post. Please what do you min by "if you have offline charts" are we supposed to Right click on the renko charts after set up and click properties and click on Common and check off offline chart or should the charts run as in default (online) mode?
Please kindly answer
  • #3,666
  • Oct 12, 2015 1:23pm Oct 12, 2015 1:23pm
FDE30 +13 +5 +10
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  • #3,667
  • Oct 12, 2015 3:04pm Oct 12, 2015 3:04pm
Quoting Aeb82
FDE30 +13 +5 +10 {image}
Incredibly slow day, I kind of gave up through boredom!
  • #3,668
  • Oct 13, 2015 5:40am Oct 13, 2015 5:40am
Guys, you have to be open minded in approach to the markets. DAX is not the only tradable asset here. Look at the crosses!
GBPCAD trending nicely today. After daily reversal it landed right on weekly pivot +148
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:: everything is awesome ::
  • #3,669
  • Oct 13, 2015 8:26am Oct 13, 2015 8:26am
Or you could just keep it simple and accept that you are not going to make 100s of pips every day!
GER30. +109(x4). +69(x4). +34(x4). 1st trade a simple 123 with a nice little Stochastics div, What did I say about stochs divergence, if you get one "Pay Attention", 2nd trade Dbl Top + div @ confluence of a 50% retr & 38.2% retr, 127% ext, 10pip 50 ema, 5 pip 150 ema, or Dbl Top @ the top of the TMA, there was also a rising channel but if I drew all the lines on no one would see any thing. so multiple triggers for the 2nd trade, 3rd trade was just an add on in a pullback.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #3,670
  • Oct 13, 2015 8:39am Oct 13, 2015 8:39am
Quoting chidiezenyem
{quote} Please Dee50 still trying to understand you clearly, I stumbled on this your post. Please what do you min by "if you have offline charts" are we supposed to Right click on the renko charts after set up and click properties and click on Common and check off offline chart or should the charts run as in default (online) mode? Please kindly answer
Language can be a real problem, why don't we all speak one language, whose stupid idea was it that "every" country in the world has their own language?

it means if you were using offline charts for some thing else before you came to this thread and you then installed the templates provided, just make sure that the offline chart time frames did not conflict with each other, if you were not using offline charts before installing the templates, then this conversation is a waste of time.
Cut your Losers short and let your Winners run.
  • #3,671
  • Oct 13, 2015 10:06am Oct 13, 2015 10:06am
GER30 +51(x4). Divergence started the reversal, 123 confirmed. i am calling it a day so an early TP, following the 123 price should run up to 10100 at least.
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Cut your Losers short and let your Winners run.
  • #3,672
  • Oct 13, 2015 8:18pm Oct 13, 2015 8:18pm
Quoting dee50
Or you could just keep it simple and accept that you are not going to make 100s of pips every day! GER30. +109(x4). +69(x4). +34(x4). 1st trade a simple 123 with a nice little Stochastics div, What did I say about stochs divergence, if you get one "Pay Attention", 2nd trade Dbl Top + div @ confluence of a 50% retr & 38.2% retr, 127% ext, 10pip 50 ema, 5 pip 150 ema, or Dbl Top @ the top of the TMA, there was also a rising channel but if I drew all the lines on no one would see any thing. so multiple triggers for the 2nd trade, 3rd trade was just...
Everyone should remember post post 3669 of this thread. I have read and studied everyone of Dee`s posts since the beginning and this may be the best one yet. It clearly conveys what he has been on about since the beginning. Its all there. To new people here I strongly recommend that you slowly read and STUDY past posts. If you do all possible questions will be answered. I know post 3669 is one i will bookmark and refer to in the future......
The master trader is becoming the master teacher as time rolls on.......This has gone beyond teaching how to trade.....Its teaching how to think and learn as a constant ongoing evolution. That is real education.
  • #3,673
  • Oct 14, 2015 4:16am Oct 14, 2015 4:16am
GER30 +44(x4).+43(x4).+2(x4). 1st & 2nd trades simple 123s off S&R. 3rd trade I was not sure about so I moved to B/E+2 quickly, it saved me, look at the 10 pip stochs it did not go into OS prior to the pullback so I was a bit stupid taking the trade short, on reflection I should have waited but MM saved the day.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #3,674
  • Edited 5:22am Oct 14, 2015 4:59am | Edited 5:22am
For all of those who have been PM ing me asking for the secrets of my method.

There is NO secret. We are using 2 - 3 common methods for entries, methods that have been used in trading for as long as there has been trading, there is nothing New or Mystical here.

1. Support and Resistance
2. Divergence
3. 123 Reversal Pattern
4. One or two price action patterns, Double Top and 2B Pattern

There are PDFs in the attachments section relating to each of these topics giving clear instructions on how to use them.
MisterC went thru the laborious task of compiling a PDF of my charts and comments, here is a link to his post. http://www.forexfactory.com/showthre...02#post8490602

One thing I forgot to mention.
Jaquemate's original simple method. it does not get any more simple than that, it may not appear so but I still use his method it is incorporated on every one of my charts, the 5 EMA acts as a dynamic Trend Line, yes I enter early some times but that is only thru years of experience, I have simply refined and adapted his method to my style of trading.
Cut your Losers short and let your Winners run.
  • #3,675
  • Oct 14, 2015 5:52am Oct 14, 2015 5:52am
Mind The Gap!! A new gap this morning, but a large older Gap that still has not been filled, is this an omen? The thing is, if you look back DAX GAPS do get filled, normally within a day, so does this mean that price is going to plummet or drift serenely down, one thing we know about price, it falls faster than it rises, which I find strange, price is an artificial entity represented only on our screens and yet gravity acts upon it in the same way as on the apple falling from the tree that landed on Newton's head!!
Attached Image
Cut your Losers short and let your Winners run.
  • #3,676
  • Oct 14, 2015 7:22am Oct 14, 2015 7:22am
Quoting dee50
For all of those who have been PM ing me asking for the secrets of my method. There is NO secret. We are using 2 - 3 common methods for entries, methods that have been used in trading for as long as there has been trading, there is nothing New or Mystical here. 1. Support and Resistance 2. Divergence 3. 123 Reversal Pattern 4. One or two price action patterns, Double Top and 2B Pattern There are PDFs in the attachments section relating to each of these topics giving clear instructions on how to use them. MisterC went thru the laborious task of compiling a PDF of my charts and comments, here is a link to his post. http://www.forexfactory.com/showthre...02#post8490602 One thing I forgot to mention. Jaquemate's original simple method. it does not get any more simple than that, it may not appear so but I still use his method it is incorporated on every one of my charts, the 5 EMA acts as a dynamic Trend Line, yes I enter early some times but that is only thru years of experience, I have simply refined and adapted his method to my style of trading.
hi all
I'm in retreat for study,
studying some handouts, including those kindly provided by Dee and MisterC.
I must say that reading is very passionate, almost more than the market.
and more I get the more I find myself in a thousand similar situations, in which I did well or I have failed and this is showing me many things.
I now think that, rather than continue to seek easy solutions and pre-defined packages of 'do this, do that and you're the king', I suggest to anyone who is not profitable (because who is ... eh!) or is still trying to find a system that fits, to stop and analyze the procedures that are performed at the opening of a position.
any of you have ever printed board procedures to be performed every morning and before performing an action?
as:
drink coffee
controls news
There are vital news?
control charts
W daily 4h 1h etc.
where is the price? what levels are at stake today?
controls the components of the index
which is the feeling today?
drink coffee
open chart (renko)
track daily fibo H daily low,
where's the price?
how far away from the ema?
who has the inclination ema? color?
then?
etc ..

This is a job I'd like to share, and refine together.
and probably it will be much more useful to many, the mere technical specification.

my 2cent
nescentia necat
  • #3,677
  • Oct 14, 2015 7:23am Oct 14, 2015 7:23am
i see this on 1H
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nescentia necat
  • #3,678
  • Oct 14, 2015 7:26am Oct 14, 2015 7:26am
GER30 +72(x4). Remember that GAP that we were talking about (well I was). The initial PA was so bitty that I came close to pulling the trade a few times, it was really hard to resist, but it broke out of the bottom zone of the channel finally giving a sign that it had purpose, after that it was easier to leave things alone. It may fill the GAP, but I prefer to aim for a 50% fill that way I bank and do not end up giving pips back. A point to note is that I did not spot the Trend Line at the bottom of the chart until after I got taken for B/E, if I had been more observant I would not have taken that trade precisely because of that Trend Line. You have to learn from your mistakes, being human (almost) I still make mistakes and with my failing eye sight I some times do not see the obvious. That is my excuse and I am sticking to it!!
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #3,679
  • Oct 14, 2015 7:38am Oct 14, 2015 7:38am
Quoting friska
i see this on 1H {image}
You make it look so easy, I will have to study what you are doing and see if I can master it, because your method is much cleaner and easier to follow than mine.:nerd:
Cut your Losers short and let your Winners run.
  • #3,680
  • Oct 14, 2015 9:02am Oct 14, 2015 9:02am
GER30 +50(x4) Gap Fill. Trendline bounce into a 123. Obvious target of the GAP Fill. I am done for the day.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
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