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  • #3,701
  • Oct 15, 2015 6:25am Oct 15, 2015 6:25am
Hello. GER30 +100(x3) + 3 ongoing. sl B/e+53. letting a bit of leverage work for me today rather than chasing every pullback on the 5 pip. Funny thing about leverage, when you first enter (the trade) the sphincter muscles tighten up to such an extent that you are officially classified as constipated and even Nurse Betty would not be able to administer an Anal Lavage. How ever, once you have moved the sl to B/E +2 not only do you emit an enormous sigh of relief but you are also then able to move away from the computer screen to see if you can find Nurse Betty to administer a full body sponge bath.
Any one else experience this? Out of curiosity what is your Nurse called?

This is what I do not understand, every Tom, Dick and Harry has written a book about the psychology of trading and how to control your emotions, but no one has written a book about how to control the physical effects that occur when trading.
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Cut your Losers short and let your Winners run.
  • #3,702
  • Oct 15, 2015 6:28am Oct 15, 2015 6:28am
Quoting friska
triple top and div on brn, bull pressure is clear today, but this may be a good opportunity to make some quick pips
You obviously are spending too much time cooped up in your office, you have the same affliction that I have, you talk to your self. The time to really start worrying though, is when you start answering your self.
Cut your Losers short and let your Winners run.
  • #3,703
  • Oct 15, 2015 7:03am Oct 15, 2015 7:03am
Quoting dee50
Hello. GER30 +100(x3) + 3 ongoing. sl B/e+53. letting a bit of leverage work for me today rather than chasing every pullback on the 5 pip. Funny thing about leverage, when you first enter (the trade) the sphincter muscles tighten up to such an extent that you are officially classified as constipated and even Nurse Betty would not be able to administer an Anal Lavage. How ever, once you have moved the sl to B/E +2 not only do you emit an enormous sigh of relief but you are also then able to move away from the computer screen to see if you can find...
nescentia necat
  • #3,704
  • Oct 15, 2015 7:07am Oct 15, 2015 7:07am
Quoting dee50
{quote} You obviously are spending too much time cooped up in your office, you have the same affliction that I have, you talk to your self. The time to really start worrying though, is when you start answering your self.
oh..
then I have to start worrying..
but not alone reassures me!
nescentia necat
  • #3,705
  • Oct 15, 2015 7:10am Oct 15, 2015 7:10am
re-enter gj and ga short
gj +32 ongoing
ga is suffering a -12 dd
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dax 1010 point?
1h
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nescentia necat
  • #3,706
  • Oct 15, 2015 7:22am Oct 15, 2015 7:22am
Quoting friska
re-enter gj and ga short gj +32 ongoing ga is suffering a -12 dd {image} {image} dax 1010 point? 1h {image}
Hi,
what are your SL and TP ?

wish you green pips
  • #3,707
  • Oct 15, 2015 7:44am Oct 15, 2015 7:44am
Quoting aspirine80
{quote} Hi, what are your SL and TP ? wish you green pips
thanks!
to you mate!

I entered with a minimum size, tp sl 50p
but bad usd news for my pos.
nescentia necat
  • #3,708
  • Oct 15, 2015 12:34pm Oct 15, 2015 12:34pm
GER30+100(x3) +44(x4). Dbl Top + Divergence @S&R convinced me to close my remaining 3 and reverse into a short, TP was the 38.2% retr of today's Lo/Hi and the 50 EMA on the 10 pip, also the bottom of the TMA channel on the 5 pip chart.

Now don't tell me you all didn't jump on this one either!! OK the big boys were nasty and engineered a pullback just to frighten off the minnows, but what is new, they always do that.

Any way I am going to watch a video from the Drugs Inc series, this one is called "The Wolves of Wall street" apparently traders are using a New drug to enhance their performance.

Do you fear the Pro Traders especially now that they are using performance enhancing drugs? NOPE, they frighten me as much as a fart in a hurricane.

CU later 2morrow.
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Cut your Losers short and let your Winners run.
  • #3,709
  • Edited 3:47am Oct 16, 2015 3:37am | Edited 3:47am
gm all,
this morning
sell gu +27
buy uc +11
sell nzdcad +20
all SL@be
4h/D1 support/TL
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edit
dax long +30 ongoing
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nescentia necat
  • #3,710
  • Oct 16, 2015 8:34am Oct 16, 2015 8:34am
DAX +68. Probably topped out below daily open. Hidden divergence shown on 8 pips chart.
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:: everything is awesome ::
  • #3,711
  • Oct 16, 2015 1:42pm Oct 16, 2015 1:42pm
Quoting dee50
GER30+100(x3) +44(x4). Dbl Top + Divergence @S&R convinced me to close my remaining 3 and reverse into a short, TP was the 38.2% retr of today's Lo/Hi and the 50 EMA on the 10 pip, also the bottom of the TMA channel on the 5 pip chart. Now don't tell me you all didn't jump on this one either!! OK the big boys were nasty and engineered a pullback just to frighten off the minnows, but what is new, they always do that. Any way I am going to watch a video from the Drugs Inc series, this one is called "The Wolves of Wall street" apparently traders are...
Hi Dee50 you have been fundamental in your trading. Thnks for the clarity on that offline chart stuff. Please that your fractal, does it repaint? whats the name? can you share with us here or pm me if others wont care for it. Thanks
  • #3,712
  • Oct 17, 2015 1:22am Oct 17, 2015 1:22am
Quoting Black Fox
DAX +68. Probably topped out below daily open. Hidden divergence shown on 8 pips chart. {image}
nescentia necat
  • #3,713
  • Oct 17, 2015 4:12am Oct 17, 2015 4:12am
Quoting chidiezenyem
{quote} Hi Dee50 you have been fundamental in your trading. Thnks for the clarity on that offline chart stuff. Please that your fractal, does it repaint? whats the name? can you share with us here or pm me if others wont care for it. Thanks
http://www.forexfactory.com/showthre...95#post8260295
Cut your Losers short and let your Winners run.
  • #3,714
  • Oct 17, 2015 5:55am Oct 17, 2015 5:55am
Here is a very large can of worms, not only am I happy to open it , but I will pour the contents onto the ground in plain sight for every one to see.
I hope the young man who wrote me this PM does not mind me posting it on the open thread, but I thought you all might find his method interesting. It goes against every thing that is Preached in trading, but, every thing that is taught in trading is based on the premise that you are going to lose more times than you win, quite frankly it is a premise that I find ridiculous, I know of NO other business where losses are accepted/expected as the norm, other than Banking. "CUT YOUR LOSERS SHORT AND LET YOUR WINNERS RUN" exactly!! "DON'T LET A WINNING TRADE TURN INTO A LOSING TRADE" exactly!! Now combine those mantras "DON'T ALLOW A LOSING TRADE AND LET YOUR WINNERS RUN" doesn't that make more sense?? I am getting carried way here, let's get back to the young man's post.

To help you understand what he is doing I have done the math for you.
1 full lot on the EURUSD = $10.00/pip. So 2.5 lots = $25.00/pip. So for his risk appetite, when he makes 40 pips on EU he is making 40 x $25.00 = $1,000
As a comparison.
1 full lot on the DAX = approx $1.0121/pip, depending on the price.
When you make 40 pips on the DAX you are making 40 x $1.0121 x 2.5 lots = $101.21

BUT: The opposite applies as well, if he loses 40 pips on the EU he loses $1,000. Which on a $20,000 account would be a loss of 5%.

"In the months spent studying and using your method it appears to work well on any time frame. It is then very important for each individual trader to assess his strengths and trade the most suitable time frame for him or her.
I struggle a bit the longer a trade is in play. Any more than 10 minutes and the second guessing starts for me. Because of this I find it hard to hit the 100 pip homers like you do.
On the other hand trading off the 3pip renco with reference to the 5 and 10 pip works a lot better for me. It seems my strength is in making fast decisions well. Using tight stops and taking profit at the first sign of fade.
A few months ago you counselled me on scalping your method with more attention to the oscillation of stochs. A divergence on the 3 pip stochs is often a precursor to a runner.
I am using max leverage at 2.5 lots per 1000[EUR/USD] so am able to double the account with only 40 pips. [a baker`s dozen worth of 3 pip bars]....its a lot easier for me to manage such high leverage when max draw down is only 15% of the account. A 5 pip trade makes me more then happy. One pip is OK too...a runner which for me is 10-30 pips makes me one very happy expat.
I study every chart you post like it is treasure. Even though we trade WITH different pip goals what i garner from each of your charts is priceless"
Cut your Losers short and let your Winners run.
  • #3,715
  • Oct 17, 2015 7:33am Oct 17, 2015 7:33am
@dee50 Everybody has their trading style right? Taking the road less traveled is risky but allows for progression from the norm, something we should all strive for

Your sig is a paradox, where do you stand?
  • #3,716
  • Oct 17, 2015 10:58am Oct 17, 2015 10:58am
Quoting dee50
{quote} http://www.forexfactory.com/showthre...95#post8260295
Thanks Dee50, funny enough, I checked and I already have it from your template with all the settings, but the images you post, its accuracy in detecting the swing is always different from mine. Could it be because I use it on the 5pip renko or is it on 3pip renko that you use yours?
  • #3,717
  • Edited 2:34pm Oct 17, 2015 1:57pm | Edited 2:34pm
Quoting friska
{quote}
Thank you. If you look closely at upper left corner of my screenshot you'll notice that, among other things, this was trade from the previous week high down to the previous week close. Sometimes it's simple just like that!

One more thing I want to share with all of you here guys... Somebody asked before about that ultra fast colour changing MA on my charts. Its name is Hull Moving Average. It is blazingly fast and beats every EMA5 hands down. My settings are: period 21, price close and speed 2 (original value). You can find it here.... And now, while you are already there - welcome to the indicators wonderland! Literally hundreds and hundreds of them. Top class stuff and almost all coded by two genius coders - mladen & mrtools. Have a nice day.

BTW I think that MetaQuotes are a new owner of Forex-TSD and from today all sections of site are open and freely accessible which means all stuff is free to download.
:: everything is awesome ::
  • #3,718
  • Oct 17, 2015 2:15pm Oct 17, 2015 2:15pm
Quoting chidiezenyem
{quote} Thanks Dee50, funny enough, I checked and I already have it from your template with all the settings, but the images you post, its accuracy in detecting the swing is always different from mine. Could it be because I use it on the 5pip renko or is it on 3pip renko that you use yours?
It's due to difference in price between brokers.
Energy, frequency and vibration.
  • #3,719
  • Oct 17, 2015 2:33pm Oct 17, 2015 2:33pm
I trade heiken aishi, and it works wonders, its the main indicator on my charts that works in my strategy.

Filters out the noise and helps you focus on the trend, helps you refine the entry and exit!

You can see here its exactly how its works on my GBPJPY earlier this week

http://stocktwits.com/wannabechamp
  • #3,720
  • Oct 18, 2015 5:18am Oct 18, 2015 5:18am
Quoting dee50
GER30+100(x3) +44(x4). Dbl Top + Divergence @S&R convinced me to close my remaining 3 and reverse into a short, TP was the 38.2% retr of today's Lo/Hi and the 50 EMA on the 10 pip, also the bottom of the TMA channel on the 5 pip chart. Now don't tell me you all didn't jump on this one either!! OK the big boys were nasty and engineered a pullback just to frighten off the minnows, but what is new, they always do that. Any way I am going to watch a video from the Drugs Inc series, this one is called "The Wolves of Wall street" apparently traders are...
Hello ROBDEE please i wont mind if you can give the template.Thanks
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