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More simple is impossible

  • #3,941
  • Nov 10, 2015 4:10am Nov 10, 2015 4:10am
Quoting Parr
Today I'm happy +16 ,-1,5, +94 61.8 % FIB,Double TOP(10Renko).It's enough to entry. My master Dee50 school trades {image}
WOW!! Nice one, and you controlled that potential loser well.
Cut your Losers short and let your Winners run.
  • #3,942
  • Nov 10, 2015 4:48am Nov 10, 2015 4:48am
Careful. Do not get carried away. we are still in a fairly strong down trend and although there is Divergence on multiple time frames, we should wait for confirmation of a reversal.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GER30H4 101115.png Size: 47 KB
Cut your Losers short and let your Winners run.
  • #3,943
  • Nov 10, 2015 4:49am Nov 10, 2015 4:49am
Dee50,
Honestly first trade was driven in wrong way.I stress too much when price is going wrong way above 10 pips from my entry.I should take BE from first trade.And Sell again on DIV after this little Top on 5 renko.It's more comfortable to me.But as I wrote I'm happy.Third trade was perfect.i haven't this certainty to take long on Div 3 and 5,10 renko around 10740
  • #3,944
  • Nov 10, 2015 4:53am Nov 10, 2015 4:53am
Quoting dee50
Careful. Do not get carried away. we are still in a fairly strong down trend and although there is Divergence on multiple time frames, we should wait for confirmation of a reversal. {image} {image}
You mention about this div as I wrote earlier
  • #3,945
  • Nov 10, 2015 5:02am Nov 10, 2015 5:02am
GER30BE+2 ongoing. I am in this late because I waited for the 123 to fail so this will probably be a BE. As I was typing it hit my SL, and now we have another divergence so they are starting to build.

Having problems with my connection to FF, it is not uploading my charts.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30BE+2 ongoing 101115.png Size: 43 KB
Cut your Losers short and let your Winners run.
  • #3,946
  • Nov 10, 2015 5:29am Nov 10, 2015 5:29am
I'm in:
Attached Image (click to enlarge)
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  • #3,947
  • Nov 10, 2015 5:31am Nov 10, 2015 5:31am
Me too.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 long ongoing 101115.png Size: 56 KB
Cut your Losers short and let your Winners run.
  • #3,948
  • Nov 10, 2015 5:34am Nov 10, 2015 5:34am
Quoting Parr
I'm in: {image}
Your entry much better than mine. Whats your TP?
Cut your Losers short and let your Winners run.
  • #3,949
  • Nov 10, 2015 5:50am Nov 10, 2015 5:50am
Hi everybody, after 3 days of ignoring platform I decided start trade again... Dee, I am not trying to automate trading anymore, I found out that is wasting of time. J.Ross EA is good on these trend days, actually every day app. 30-40 pips gain. But it is blind as every EA, so my plan is trade for some time manually and then maybe put knowledge from manual trading to EA. My strategy is still simple, I am scalping 10 pips, but it is more accurate, because I can see S/R, previous swings and so on, EA does not. About my questions to your EMAs - I asked you, because you must have exact rules in your trading, nothing is because you have had feeling... Feelings are SLs, and from my own experience I know it pretty good. You have your exact rules and you know how you are using your indicators, but it is hard to write it, because sometimes you uses EMA for retracement, sometimes for penetrate and so on. I think this is what you wanted to write. I have put EMA200 to my chart, too, but I think there is no magic prediction what EMA is able to say me, PA always say far more, but it is me. BTW, please this is not meant as some kind of hate to you, I am very thankful to you, for idea, that trading could be simple, and I can see it in your charts. You do not use anything else as things which were there 20 years back. You are live example of KISS.

Today trades 6x 10pips:
Attached Image (click to enlarge)
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  • #3,950
  • Nov 10, 2015 5:57am Nov 10, 2015 5:57am
GER30 +35x5. I am out. BRN +200%, just above 10 pip 50 ema and now Divergence. Bar has not completed, but if I am out too soon I will just wait for the inevitable pullback and re enter.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 +35x5 101115.png Size: 55 KB
Cut your Losers short and let your Winners run.
  • #3,951
  • Nov 10, 2015 5:58am Nov 10, 2015 5:58am
Quoting dee50
{quote} Your entry much better than mine. Whats your TP?
I exit on 50 % FIB.Propably too fast.I should wait for any confirmation on 3 or 5 Renko.
Attached Image (click to enlarge)
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  • #3,952
  • Nov 10, 2015 6:01am Nov 10, 2015 6:01am
Quoting dee50
GER30 +35x5. I am out. BRN +200%, just above 10 pip 50 ema and now Divergence. Bar has not completed, but if I am out too soon I will just wait for the inevitable pullback and re enter. {image}
Agree
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Energy, frequency and vibration.
  • #3,953
  • Nov 10, 2015 6:09am Nov 10, 2015 6:09am
Quoting Matomi
Hi everybody, after 3 days of ignoring platform I decided start trade again... Dee, I am not trying to automate trading anymore, I found out that is wasting of time. J.Ross EA is good on these trend days, actually every day app. 30-40 pips gain. But it is blind as every EA, so my plan is trade for some time manually and then maybe put knowledge from manual trading to EA. My strategy is still simple, I am scalping 10 pips, but it is more accurate, because I can see S/R, previous swings and so on, EA does not. About my questions to your EMAs - I asked...
Exactly. the EMAs are just a visual aid, I do not use them to trigger a trade so I have no rules for them.

Glad to here that you are giving automation a rest, in my experience, and I have bought a few, they work only in certain market conditions. "Islander" over on the carpe diem thread, it was a simple MA Cross EA, he used to combine the EA with his manual trading but I have not seen him use it for a while.

6 x 10 pips compounded = a very nice income.
Cut your Losers short and let your Winners run.
  • #3,954
  • Nov 10, 2015 6:15am Nov 10, 2015 6:15am
Quoting Parr
{quote} I exit on 50 % FIB.Propably too fast.I should wait for any confirmation on 3 or 5 Renko. {image}
Different method same result, I think you got out at the right time confluence of 50% retr+ BRN + top of the channel.
if you leave pips on the table you can always go back for more, well, at least in my house you can, probably explains my expanding waist line.
Cut your Losers short and let your Winners run.
  • #3,955
  • Nov 10, 2015 6:22am Nov 10, 2015 6:22am
Quoting drammen
{quote} Agree {image}
Looks like every one had a better entry than me on this one.
Nice one.

Is the PSA indicator helping? I found it to be a bit late.
Cut your Losers short and let your Winners run.
  • #3,956
  • Nov 10, 2015 7:13am Nov 10, 2015 7:13am
Quoting dee50
{quote} Looks like every one had a better entry than me on this one. Nice one. Is the PSA indicator helping? I found it to be a bit late.
Thanks! Im currently testing it at the moment. Don't want to conclude anything yet.
Energy, frequency and vibration.
  • #3,957
  • Edited 7:41am Nov 10, 2015 7:22am | Edited 7:41am
Looking to long if price penetrates 10807.
Update: And UP we go!
Energy, frequency and vibration.
  • #3,958
  • Nov 10, 2015 7:59am Nov 10, 2015 7:59am
GER30 +60x6. +31x6. Pullback into a nice clean 123. Added another lot, initial target was the 161.8% / 10850 which was strong resistance earlier today but price is really struggling to move so i closed my positions, i will have another look later.
Tried to post my entry earlier, but I am having problems with my connection to FF, attachments are not always uploading, this is the 2nd go for this one.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 +60x6 +31x6 101115.png Size: 56 KB
Cut your Losers short and let your Winners run.
  • #3,959
  • Edited 8:12am Nov 10, 2015 8:01am | Edited 8:12am
Quick 20.. Still in negative numbers though. :X

I start to think I should have let it run. But I wasn't sure about TP.. Since price usually stuck somewhere and my TPs look so sad and lonely. And ofc I have to look at drawdowns or BEs. Which make me sad as well.


One question to you guys.. how do you solve these type of situations. The circle in image. Possible short? 38Fib + minor res.. VS better probality 50% Fib Long.. But on the other hand price came from 50% fibo of HTF...after the "double bottom/higher low" it was more clear. Anyway I didn't short it coz I hesitate too much.. So I missed the whole long move.



Seems firefox doesn't like FF... I couldn't upload image coz Security scan.. stuck... So I had to use IE... what a life! :X And ofc sorry about the quality..

I would like to thank you guys for the activity. Especially thanks to Dee. Really apreciate it! Keep it up guys.
Attached Image (click to enlarge)
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  • #3,960
  • Nov 10, 2015 8:01am Nov 10, 2015 8:01am
Quoting dee50
GER30 +60x6. +31x6. Pullback into a nice clean 123. Added another lot, initial target was the 161.8% / 10850 which was strong resistance earlier today but price is really struggling to move so i closed my positions, i will have another look later. Tried to post my entry earlier, but I am having problems with my connection to FF, attachments are not always uploading, this is the 2nd go for this one. {image}
Nice!! My target is 10866
Energy, frequency and vibration.
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