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  • #4,001
  • Nov 13, 2015 2:43am Nov 13, 2015 2:43am
Jakucha,

what is your renko brick set? And what is that COG you use?

Thanks
  • #4,002
  • Nov 13, 2015 3:07am Nov 13, 2015 3:07am
5 pip.

And the COG is the TMAx posted in this thread, look for it.
Hidden in plain sight.
  • #4,003
  • Nov 13, 2015 3:44am Nov 13, 2015 3:44am
FED =+155 in 5 trades => 2 of them not so good...but trend was down
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  • #4,004
  • Nov 13, 2015 3:49am Nov 13, 2015 3:49am
Quoting Aeb82
FED =+155 in 5 trades => 2 of them not so good...but trend was down {image}


I would have died by fear on that short,
but the results as that counts!

nice jackpot!

i'm done for today
I missed that div, I was distracted but I recovered in the running with the last position.
it is OK
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nescentia necat
  • #4,005
  • Nov 13, 2015 5:03am Nov 13, 2015 5:03am
was away from the computer for the big move....11,11,6,7,5,4,13,15,12,10,4,2,2,3,16,7,8,7,9,11,-4,-14
.....as you can see there was a nasty draw-down on 4 of these but the 10 pip chart convinced me to tough it out......
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  • #4,006
  • Nov 13, 2015 5:42am Nov 13, 2015 5:42am
Quoting friska
{quote} I would have died by fear on that short, but the results as that counts! nice jackpot! i'm done for today I missed that div, I was distracted but I recovered in the running with the last position. it is OK {image}
hiehie yes
Your 2 Longs trades was very nice !!! and this shooort mmmmmmmm nice !!!! excellent
  • #4,007
  • Nov 13, 2015 6:48am Nov 13, 2015 6:48am
Guys, I do not understand how can you trade with such a big drawdown as shown on your charts? Even more than 60 pips!
Lately, my stop loss is just 20-25 pips and I move to BE at 1R.
I don't say my trading can't get very frustrating like it was today. I took 5-6 trades in the morning. Overall my P/L was green but neglectable.
When I moved my last trade to BE I said to myself - fuck it, this shit is ranging I can't stand it anymore. A few minutes later SL was taken out and then price plunged more than 100 pips towards my initial target. Grrrrrr
:: everything is awesome ::
  • #4,008
  • Nov 13, 2015 7:27am Nov 13, 2015 7:27am
Quoting Black Fox
Guys, I do not understand how can you trade with such a big drawdown as shown on your charts? Even more than 60 pips! Lately, my stop loss is just 20-25 pips and I move to BE at 1R. I don't say my trading can't get very frustrating like it was today. I took 5-6 trades in the morning. Overall my P/L was green but neglectable. When I moved my last trade to BE I said to myself - fuck it, this shit is ranging I can't stand it anymore. A few minutes later SL was taken out and then price plunged more than 100 pips towards my initial target. Grrrrrr...
My words man, exactly... I can not understand how somebody is able to hold position with 30-40 pips DD, and in addition multiple contracts. For me it is simple bad entry, nothing else and out - 10/15 pips, that is my SL.

Today I gained +40pips, it was really hard day even market was nice, but some of my entries were absolutelly wrong, because again my psycho...

BTW, no matter how large DD were - Nice trades guys, thumbs up !
  • #4,009
  • Nov 13, 2015 7:59am Nov 13, 2015 7:59am
I really depends, if you know how to read the market, analyse PA on Daily for instance, and know your instrument very well, there s nothing wrong holding this DD, which is ridicuous for the DAX for example. It's nothing. Today one could bet an arm that we would see 10630. Only thing one could not know exactly is wher it would turn from, here or higher. If you know what you re doing, that's fine.

but from a mechanical renko point of view, i guess you re right. There's not one rule that fits all. It depends on your style and capital.
Hidden in plain sight.
  • #4,010
  • Nov 13, 2015 12:24pm Nov 13, 2015 12:24pm
Quoting Matomi
{quote} My words man, exactly... I can not understand how somebody is able to hold position with 30-40 pips DD, and in addition multiple contracts. For me it is simple bad entry, nothing else and out - 10/15 pips, that is my SL. Today I gained +40pips, it was really hard day even market was nice, but some of my entries were absolutelly wrong, because again my psycho... BTW, no matter how large DD were - Nice trades guys, thumbs up !
DD is always a touchy subject. Each trade[and trader] is different. On the British tube they always say Mind The Gap. I will run a tighter stop when the Gap is threatening. To be honest the scalping these past few days has been so good[Ranging market] it was easy to go cowboy and ride the DD a bit more then may seem prudent.
Rare is the entry that goes straight to black without putting the red lipstick on even for a moment[the slut!!!].... But when it does happen you do get that warm fuzzy Master Of the Universe feeling...
Trading multiple lots does not really enter into the debate. It all comes down to brokerage restrictions regardless of account balance.
Its good to see people talking about their different approaches to DD. Keep it up. The cowboys may pull their reins in a bit and the timid may loosen up thanks to this dialog.
Can I suggest people post their losing trades as well as the winners. Its good therapy.
Love this thread....where is DEE???
  • #4,011
  • Nov 13, 2015 4:34pm Nov 13, 2015 4:34pm
Quoting PhilippineFX
{quote} DD is always a touchy subject. Each trade[and trader] is different. On the British tube they always say Mind The Gap. I will run a tighter stop when the Gap is threatening. To be honest the scalping these past few days has been so good[Ranging market] it was easy to go cowboy and ride the DD a bit more then may seem prudent. Rare is the entry that goes straight to black without putting the red lipstick on even for a moment[the slut!!!].... But when it does happen you do get that warm fuzzy Master Of the Universe feeling... Trading multiple...
Yeah man, I agree with you. And please, do not understand my post as hate to you. It was meant that I can not understand, not that I hate those people IMO, you must be very good trader with great psycho to hold positions even if you are in deep DD. And thing you mentioned - yes, if you were not open positions at the end of main trend, there is very high chance, that market will come back there soon and you close on BE or gain your profit finally.

I am looking forward your next trades !
  • #4,012
  • Nov 14, 2015 2:26am Nov 14, 2015 2:26am
hello every one. I am going to be in and out for the next few sessions.

On Thursday morning my neighbour died under some what strange circumstances, he left our local bar at 3.00 in the morning but did not make it home, he was found dead just a hundred metres up the road from the bar.
Although he was 75 years old he was the fittest person I have known, he ran up and down the hills like a mountain goat often leaving me panting and wheezing in his wake so for him to suddenly drop dead with no warning has come as a shock to every one, not least his family. We are doing what we can to help the family and until he has been Interred I will be a bit irregular on the thread.
Cut your Losers short and let your Winners run.
  • #4,013
  • Nov 14, 2015 2:47am Nov 14, 2015 2:47am
Quoting dee50
hello every one. I am going to be in and out for the next few sessions. On Thursday morning my neighbour died under some what strange circumstances, he left our local bar at 3.00 in the morning but did not make it home, he was found dead just a hundred metres up the road from the bar. Although he was 75 years old he was the fittest person I have known, he ran up and down the hills like a mountain goat often leaving me panting and wheezing in his wake so for him to suddenly drop dead with no warning has come as a shock to every one, not least his...
Hey Dee

Very sorry to hear about your neighbour. I am sure his family will appreciate your support. Take care of you and yours; we will look forward to your posts as and when.
  • #4,014
  • Nov 14, 2015 10:18am Nov 14, 2015 10:18am
Rest in peace.health is big capital for us all
  • #4,015
  • Edited 12:57pm Nov 15, 2015 8:06am | Edited 12:57pm
Quoting dee50
hello every one. I am going to be in and out for the next few sessions. On Thursday morning my neighbour died under some what strange circumstances, he left our local bar at 3.00 in the morning but did not make it home, he was found dead just a hundred metres up the road from the bar. Although he was 75 years old he was the fittest person I have known, he ran up and down the hills like a mountain goat often leaving me panting and wheezing in his wake so for him to suddenly drop dead with no warning has come as a shock to every one, not least his...
It Is very sad and strange.My condolances.We very often don't appreciate what we Have (health etc.)Dee,keep it strong!Helping friends is very important.Markets will be always and never disaper. Come back to us,we are waiting for You.Ps.In free time read my Private mail to You,please.
  • #4,016
  • Nov 15, 2015 11:47am Nov 15, 2015 11:47am
Quoting dee50
hello every one. I am going to be in and out for the next few sessions. On Thursday morning my neighbour died under some what strange circumstances, he left our local bar at 3.00 in the morning but did not make it home, he was found dead just a hundred metres up the road from the bar. Although he was 75 years old he was the fittest person I have known, he ran up and down the hills like a mountain goat often leaving me panting and wheezing in his wake so for him to suddenly drop dead with no warning has come as a shock to every one, not least his...
I know how does it feel to lost somebody close under some what strange circumstances.
My condolences.
  • #4,017
  • Nov 15, 2015 3:43pm Nov 15, 2015 3:43pm
May his soul rest in peace Dee.
Let your plan trade for you, not your emotion!!!
  • #4,018
  • Nov 16, 2015 1:01am Nov 16, 2015 1:01am
Quoting dee50
hello every one. I am going to be in and out for the next few sessions. On Thursday morning my neighbour died under some what strange circumstances, he left our local bar at 3.00 in the morning but did not make it home, he was found dead just a hundred metres up the road from the bar. Although he was 75 years old he was the fittest person I have known, he ran up and down the hills like a mountain goat often leaving me panting and wheezing in his wake so for him to suddenly drop dead with no warning has come as a shock to every one, not least his...
My condolances Dee, this is some kind paradox of life. Few weeks back, owner of my favourite restaurant who I known since my childhood died on heart attack, healthy man, 40 years old... He never had any health problems, was in good condition, always calm and balanced. Keep it strong !
  • #4,019
  • Nov 16, 2015 3:02am Nov 16, 2015 3:02am
dax +11.....entered on diver, and fib...out on stochs peaking and fib 50.0 retrace....missed a little 123 reversal while posting this
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  • #4,020
  • Nov 16, 2015 4:19am Nov 16, 2015 4:19am
dax 3Renco.... 11,-2,3,7,4,8,9,8,8,6,4,2.......closed a tad early on a few of these but pretty happy with the start of the week. The exchange we had last week on DD was good. Managed to keep the DD close to nil this session....

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