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  • #3,881
  • Nov 2, 2015 5:03am Nov 2, 2015 5:03am
Break out trade today Dee? I was looking for a reason to enter...​
  • #3,882
  • Nov 2, 2015 5:07am Nov 2, 2015 5:07am
Quoting dee50
{quote} Will give it a go for you, but I have not had any problems as I only ran the TMA on 1x 5 pip chart, But I will change my set up and see if it effects my 13 year old HP.
Thank you Dee but you really have no issues? If you don't mind me asking, what's your computer spec and your broadband speed? Maybe that's the issue I have.

BTW - fabulous trading as usual.

RE: your last chart,
a) what made you pull the trigger on your long trade? I exited too early, too worried about giving back pips
b) Your pullback entry - what gave you confidence to go in here. There have been other pullbacks but price did not go very far.
Would you mind posting your 3/5pip charts for a closer look of your entries / exits?
  • #3,883
  • Nov 2, 2015 7:18am Nov 2, 2015 7:18am
Quoting mact4
{quote} Thank you Dee but you really have no issues? If you don't mind me asking, what's your computer spec and your broadband speed? Maybe that's the issue I have. BTW - fabulous trading as usual. RE: your last chart, a) what made you pull the trigger on your long trade? I exited too early, too worried about giving back pips b) Your pullback entry - what gave you confidence to go in here. There have been other pullbacks but price did not go very far. Would you mind posting your 3/5pip charts for a closer look of your entries / exits?...
a)see chart

b)see chart

Computer spec. see image. broadband. 6 Mbit connection but normally operates at approx 2.5 Mbit, this is rip off Spain.
Your connection is unlikely to be the problem. this is the result of a trace on mine. see image Traceroute.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GER30M3 21115.png Size: 75 KB
Click to Enlarge Name: Trace route.png Size: 39 KB
Attached Image
Cut your Losers short and let your Winners run.
  • #3,884
  • Nov 2, 2015 7:34am Nov 2, 2015 7:34am
Quoting dee50
{quote} a)see chart b)see chart Computer spec. see image. broadband. 6 Mbit connection but normally operates at approx 2.5 Mbit, this is rip off Spain. Your connection is unlikely to be the problem. this is the result of a trace on mine. see image Traceroute. {image} {image} {image}
Thank you very much Dee.

It must be all the other 'stuff' I have running on my machine. Probably need to declutter...
  • #3,885
  • Nov 2, 2015 7:46am Nov 2, 2015 7:46am
Quoting mact4
{quote} Thank you very much Dee. It must be all the other 'stuff' I have running on my machine. Probably need to declutter...
I did a quick check using Task manager
First image is just Desktop, nothing else open.
Attached Image

This is MT4 with No TMA running, note a couple of spikes to 50% cpu, nothing significant. Renko indi working cpu between 0%-30%
Attached Image

MT4 with your modified TMAx, Spikes to about 80% cpu, this happened when price speeded up, but then settled back down.
Attached Image

This is TMAx with look back set to just 250 bars. Quite a difference!
Attached Image
Cut your Losers short and let your Winners run.
  • #3,886
  • Nov 2, 2015 8:01am Nov 2, 2015 8:01am
GER30 +140x3. Closed out my last 3 runners, possible 2B +div at a BRN on the 10 pip. The pullback on the stochs barely registered so it is entirely possible that this will run up to 10980, but, if only I had waited for the 10 pip bar to close , however as I write this the 5 pip stochs has barely made it back up over the 50 line so the decision to get out was the right one, even though just 20 mins earlier it was the wrong one. Confused
Don't be. Make a decision and live with it. If in 30 mins time it is starting to nag at me I will just look for another entry to make up the 20 pips that I left on the table.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+140x3 21115.png Size: 44 KB
Cut your Losers short and let your Winners run.
  • #3,887
  • Nov 2, 2015 9:15am Nov 2, 2015 9:15am
Hope, you enjoy nice UPtrend today.

+40 pips, 4x10:
Attached Image (click to enlarge)
Click to Enlarge Name: DE30M2.png Size: 47 KB
  • #3,888
  • Nov 2, 2015 10:22am Nov 2, 2015 10:22am
GER30+29x6. Not a quick in and out, but I left 25 pips on the table and I got 29 pips back so the table was generous today. Now I will be able to sleep peacefully tonite.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+29x6 21115.png Size: 23 KB
Cut your Losers short and let your Winners run.
  • #3,889
  • Nov 2, 2015 10:24am Nov 2, 2015 10:24am
Quoting Matomi
Hope, you enjoy nice UPtrend today. +40 pips, 4x10: {image}
Very nifty on your feet. Nice trading.
Cut your Losers short and let your Winners run.
  • #3,890
  • Nov 2, 2015 11:08am Nov 2, 2015 11:08am
Quoting mact4
{quote} Thank you very much Dee. It must be all the other 'stuff' I have running on my machine. Probably need to declutter...
when I first got my other laptop,it came with vista, it was forever crashing, highly unstable.
In an effort to remedy this I came across a site from a guy called Black Viper, I used one of his "Services Configurations" and ever since we have not had a single crash, and the other side of it is, is that windows no longer starts 40 odd services that used up memory and cpu power.

Altering windows services is not for the faint hearted, but the guides and explanations from Black Viper make it pretty easy and the benefits are enormous in terms of computing performance.

Here is the site. http://www.blackviper.com/

scroll down and look for this section. or just scroll further down to your windows version.
Attached Image (click to enlarge)
Click to Enlarge Name: Black Viper Service Configurations.png Size: 22 KB
Cut your Losers short and let your Winners run.
  • #3,891
  • Nov 2, 2015 12:48pm Nov 2, 2015 12:48pm
Quoting dee50
{quote} Very nifty on your feet. Nice trading.
Thank you, it is so much for me, read your reason on my trades . I am so far to do trades like you, but for now I am happy, that I have at least 10 pips scalps on your entries + my entries on small divergences or another setups.

I can see and I think it is unchallengeable, that your setups are absolutely representative ones, like from besteller trading book and I should catch only them, but for 10 pips scalps are good a worse signals too. Well, we will see how will be equity at the end of week

As always, your today trades were amazing !
  • #3,892
  • Nov 2, 2015 1:14pm Nov 2, 2015 1:14pm
Quoting dee50
{quote} when I first got my other laptop,it came with vista, it was forever crashing, highly unstable. In an effort to remedy this I came across a site from a guy called Black Viper, I used one of his "Services Configurations" and ever since we have not had a single crash, and the other side of it is, is that windows no longer starts 40 odd services that used up memory and cpu power. Altering windows services is not for the faint hearted, but the guides and explanations from Black Viper make it pretty easy and the benefits are enormous in terms...
Oh cheers. Thank you very much. There are a gadzillion processes on my machine but I don't know which is absolutely necessary.

Will give it a go.
  • #3,893
  • Nov 3, 2015 4:56am Nov 3, 2015 4:56am
Quoting mact4
{quote} I got someone to do the changes we previously discussed. Also included the choice to opt out of some of the 'lines'. Will be good to see if these two options help with efficiency of this indicator. A (different) coder did not think it will make much difference but I wanted to give it a go anyway. Have ramped up my charts to allow for 20K bars in history and charts; previously would cause my computer to hang. TMAx look-back-bars set to 1000, applied to 3 charts - we shall see Feedback appreciated. {file} {file}
Quoting dee50
{quote} I did a quick check using Task manager First image is just Desktop, nothing else open. {image} This is MT4 with No TMA running, note a couple of spikes to 50% cpu, nothing significant. Renko indi working cpu between 0%-30% {image} MT4 with your modified TMAx, Spikes to about 80% cpu, this happened when price speeded up, but then settled back down. {image} This is TMAx with look back set to just 250 bars. Quite a difference! {image}
thank you so much guys,
your discussion is very useful.
mact4 thanks mate for tma update,
I'll try to replace in my mt4 the tma with your own,
and I think that thorough checks of dee50 leaves no doubt.
good job! and and thanks dee for your precious suggestions.
nescentia necat
  • #3,894
  • Nov 3, 2015 8:31am Nov 3, 2015 8:31am
Hello Everyone
Hope we are all making the pips.
Just two trades so far today, +11, +52. Will close shop if nothing interesting comes up.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd311.JPG Size: 176 KB


Happy trading all.
Let your plan trade for you, not your emotion!!!
  • #3,895
  • Nov 4, 2015 4:28am Nov 4, 2015 4:28am
I think I am finally gaining some consistency in this game. Still have a long way to go, a lot of bad habits to unlearn and a lot of good discipline to learn but renko certainly helps a huge lot.

First trade I made two cardinal sins: One, going against the 10 pip stoch, and two, being convinced the DAX was going to go up but not waiting for price to be ready to turn up.
At least I remembered to take the hit and accept my loss.

As I was not in the right 'head space' took a break and when I came back, re-looked at the charts to see where it was telling me it wanted to go.

After that, all my trades were positive - not all the trades are shown as I sometimes took 2 or 3 trades at a time - posting all would just make the chart rather messy. I just posted one, or at most two of each 'group' to show entry and exit.

Other things to do so that's it for today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 96 KB
  • #3,896
  • Nov 4, 2015 5:45am Nov 4, 2015 5:45am
Quoting mact4
I think I am finally gaining some consistency in this game. Still have a long way to go, a lot of bad habits to unlearn and a lot of good discipline to learn but renko certainly helps a huge lot. First trade I made two cardinal sins: One, going against the 10 pip stoch, and two, being convinced the DAX was going to go up but not waiting for price to be ready to turn up. At least I remembered to take the hit and accept my loss. As I was not in the right 'head space' took a break and when I came back, re-looked at the charts to see where it was telling...
If I am reading that correctly, +194 pips for a mornings work.
You took the hit and controlled the loss
Took a break and came back to "Trade what you see not what you think." Superb!
Cut your Losers short and let your Winners run.
  • #3,897
  • Nov 4, 2015 5:58am Nov 4, 2015 5:58am
GER30. +45x6.+56x6.+29x6.+10x6.+9x6. A really scrappy, messy morning for me, last 2 trades I was trying to be clever but ended up trading against the 10 pip stochs, i was convinced price was carrying on down back to the trend line, I still think the idea was justified as price had rejected at the BRN + Daily open, and an hour later and another retest of the BRN and hey presto price has indeed come back down and is now at the trend line.
Doesn't mean I was right, if I was only trading price I was right, but there is no point in having other indicators on the chart if you are not going to take notice of what they are saying, so for that I think I should forfeit the last 2 trades and give the pips back to the market, what do you think? is that a suitable punishment for being an idiot?
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+45+56+29+10+9 41115.png Size: 53 KB
Cut your Losers short and let your Winners run.
  • #3,898
  • Nov 4, 2015 5:59am Nov 4, 2015 5:59am
Quoting dee50
{quote} If I am reading that correctly, +194 pips for a mornings work. You took the hit and controlled the loss Took a break and came back to "Trade what you see not what you think." Superb!
Thank you very much Dee. You're been very much an inspiration - though it has been a lot easier to see what 'you' see on renko charts!

I've changed my focus from number of pips to making good entries and exits and ignored £ made/loss. I've found the pips follow from that. Just have to keep discipline - which for me is the really hard part. Switched off my charts so I am not tempted to make trades as I'm not able to focus at the moment.
  • #3,899
  • Nov 4, 2015 6:06am Nov 4, 2015 6:06am
Quoting dee50
... i was convinced price was carrying on down back to the trend line, I still think the idea was justified as price had rejected at the BRN + Daily open, and an hour later and another retest of the BRN and hey presto price has indeed come back down and is now at the trend line. Doesn't mean I was right, if I was only trading price I was right, but there is no point in having other indicators on the chart if you are not going to take notice of what they are saying...
Wow!

I found your thinking here very interesting as I still struggle with exits. Where to put TP -is it a trending day or not , when to ignore exit/divergence signals, etc
  • #3,900
  • Nov 4, 2015 9:14am Nov 4, 2015 9:14am
GER30+56x3.+75x3. Well I certainly misjudged that final TP. I was expecting price to fall but at at the same sluggish pace as the last couple of days so I initially targeted 10880, i was able to react to the momentum and managed to split my load but I really thought the 50% would hold as it is a confluence of a 50% fib on the Daily and the visible 50% on the 10 pip chart, instead it continues down to the 61.8%, and boy, does it bounce. Just can not get it right, how are we supposed to take the Banks money if they do not look at the same levels as the rest of us!!
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+56.+75 41115.png Size: 53 KB
Cut your Losers short and let your Winners run.
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