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More simple is impossible

  • #3,681
  • Oct 14, 2015 9:45am Oct 14, 2015 9:45am
Quoting dee50
{quote} 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:
mmmmh
You know what they say
'appearances are deceptive'

the important thing here is the 'effective' factor.
and effective as your, I see few
so better messy that earns
than
design but poor..
nescentia necat
  • #3,682
  • Oct 14, 2015 9:47am Oct 14, 2015 9:47am
superb 3 top 5p with 10p div and TL break
nescentia necat
  • #3,683
  • Oct 14, 2015 9:50am Oct 14, 2015 9:50am
GER30. +61(x2). It would have been churlish of me not take this trade. 2B + Div @ S&R back into Trend. Newton came back into the game and before you know it we are back where we started.
Any one else trading, or are you all sitting looking at your charts going "oooh!! just missed that one" "i didn't see that coming" "How did I miss that?" or "I'm glad I didn't take that one!"

If you are not posting trades, how about posting reasons for not having taken a trade, it would be interesting to hear the sort of excuses you make to yourselves for not having taken a trade, I,ve started the ball rolling with 4 of mine, what are yours.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #3,684
  • Oct 14, 2015 9:55am Oct 14, 2015 9:55am
Quoting friska
superb 3 top 5p with 10p div and TL break
Exactly!!
Cut your Losers short and let your Winners run.
  • #3,685
  • Oct 14, 2015 9:59am Oct 14, 2015 9:59am
Quoting dee50
{quote} Exactly!!


i've to study that 2b formation...

o my,
how much to study !!
nescentia necat
  • #3,686
  • Oct 14, 2015 10:02am Oct 14, 2015 10:02am
123 rev?
on 127% 5p

again on TL 1H rejected
Attached Image (click to enlarge)
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nescentia necat
  • #3,687
  • Oct 14, 2015 10:17am Oct 14, 2015 10:17am
Quoting friska
{quote} i've to study that 2b formation... o my, how much to study !!
2B formation was explained in "The 3 secrets to Trading Momentum Indicators" it was in Part 5.
here is the link to the post. http://www.forexfactory.com/showthre...00#post8113800

Actually, "Note to Myself" I must re read that book I have not picked it up in a while.
Cut your Losers short and let your Winners run.
  • #3,688
  • Oct 14, 2015 10:22am Oct 14, 2015 10:22am
Quoting dee50
{quote} 2B formation was explained in "The 3 secrets to Trading Momentum Indicators" it was in Part 5. here is the link to the post. http://www.forexfactory.com/showthre...00#post8113800 Actually, "Note to Myself" I must re read that book I have not picked it up in a while.
really thanks!

if I do not ask too much,
in this situation (right now) how interpreters price movement?
which reasoning you are doing?
Attached Image (click to enlarge)
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price break 127exp, but rejected, a possible 123 rev, break of point 2, but rejected at previous btm, and stoch div


1m
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nescentia necat
  • #3,689
  • Oct 14, 2015 10:26am Oct 14, 2015 10:26am
Quoting friska
123 rev? on 127% 5p again on TL 1H rejected {image}
Looks like we could be going lower, 4hr Rejection Bar, but we have a pretty strong S&R level with confluence of a 61.8% Fib and a 38.2% Fib. If we break that then the descent will be rapid.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30H4 141015.png Size: 64 KB
Cut your Losers short and let your Winners run.
  • #3,690
  • Oct 14, 2015 10:36am Oct 14, 2015 10:36am
Quoting dee50
{quote} Looks like we could be going lower, 4hr Rejection Bar, but we have a pretty strong S&R level with confluence of a 61.8% Fib and a 38.2% Fib. If we break that then the descent will be rapid. {image}
oh damn!
you're right!!

but i see a pullback on 618 4h
where is your 0-100?
Attached Image (click to enlarge)
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nescentia necat
  • #3,691
  • Oct 14, 2015 10:39am Oct 14, 2015 10:39am
Quoting friska
{quote} really thanks! if I do not ask too much, in this situation (right now) how interpreters price movement? which reasoning you are doing? {image} price break 127exp, but rejected, a possible 123 rev, break of point 2, but rejected at previous btm, and stoch div 1m {image}
Back in a downward channel. But 4 hr chart shows some barriers just 30 pips lower

Hah Hah! our posts are crossing over.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 back in the channel 141015.png Size: 63 KB
Cut your Losers short and let your Winners run.
  • #3,692
  • Oct 14, 2015 10:42am Oct 14, 2015 10:42am
Quoting friska
{quote} oh damn! you're right!! but i see a pullback on 618 4h where is your 0-100? {image}
0 is 13/04/15 00.00
100 is 16/10/14 12.00
Cut your Losers short and let your Winners run.
  • #3,693
  • Oct 14, 2015 10:49am Oct 14, 2015 10:49am
Quoting dee50
{quote} Back in a downward channel. But 4 hr chart shows some barriers just 30 pips lower Hah Hah! our posts are crossing over. {image}
hehehe

perfect
now I see
nescentia necat
  • #3,694
  • Oct 14, 2015 11:50am Oct 14, 2015 11:50am
dee50
thanks for all the help u offer on this forum. i followed the instructions on page 117 and i have got ur templates running on eurusd. however when i try to do same on DAX it ends up wrongly. pls can u advice on what i am doing wrong
  • #3,695
  • Oct 14, 2015 12:10pm Oct 14, 2015 12:10pm
Quoting marindosidah
dee50 thanks for all the help u offer on this forum. i followed the instructions on page 117 and i have got ur templates running on eurusd. however when i try to do same on DAX it ends up wrongly. pls can u advice on what i am doing wrong
Without a picture I am guessing.
In the EA where it says RENKO BOX SIZE you will have to experiment with sizes, for example, for a 10 pip chart you should try, 100 or 1,000

For a 5 pip chart you should try, 50 or 500

On one broker I was with I had to use 5,000 and 10,000
Cut your Losers short and let your Winners run.
  • #3,696
  • Oct 14, 2015 2:00pm Oct 14, 2015 2:00pm
Hey, been reading this thread today.. great stuff.. Used renko off and on over the years but need to look at it again methinks.

What are those bands on your chart?

Attached Image
  • #3,697
  • Oct 15, 2015 1:28am Oct 15, 2015 1:28am
Quoting leeshindig
What are those bands on your chart? {image}
Those are the TMA bands
  • #3,698
  • Edited 2:50am Oct 15, 2015 2:30am | Edited 2:50am
GM all..
dax short out +20
euraud short +60 ongoing
gbpjpy +70 ongoing

dax 5p div tdi div on 1m --- out on emas + support zone,
Attached Image (click to enlarge)
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1m
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euraud and gbpjpy classic pa, with div aid. H4
gj
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ea
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edit
gbpcad sellstop triggered H1
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EDIT: out ea +90 out gj +57
nescentia necat
  • #3,699
  • Oct 15, 2015 2:58am Oct 15, 2015 2:58am
dax long dbl btm +div on 50% ema support ... and now start div on 10p out of channel
who took this position?
Attached Image (click to enlarge)
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1m
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nescentia necat
  • #3,700
  • Oct 15, 2015 4:51am Oct 15, 2015 4:51am
triple top and div on brn, bull pressure is clear today,
but this may be a good opportunity to make some quick pips
nescentia necat
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