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More simple is impossible

  • #4,061
  • Nov 24, 2015 9:57am Nov 24, 2015 9:57am
Quoting Parr
I though that what Dee50 is trading is impossible to repeat.But sometimes I see that is possible.This day is for me little light in the end of tunnel. +98,+35,+47,+51,+15 = 246 .Crazy result,few weeks ago I thougt it's impossible to do it. Everything is on the chart.Starts form Div on 10 renko.Yestarday was floating so we could except that today price will go in one direction.I didn't fight with the trend today which I do it a lot of times before.Next entries(2 was too fast) was on dyv on 5 and 3 renko,TW little helps. I have still problem which...
Absolutely perfect trading. Congratulations you are on the way to changing yours and your families life. Hope you do not mind, but I have marked up your chart for the benefit of others here on the thread. Every entry, except one, was perfectly executed and not just that but you held the trades to get the maximum pips, excellent. When you are ready to take over the thread, just say, I will be happy to step down
Attached Image (click to enlarge)
Click to Enlarge Name: 24.11 PARR 246 pips b.jpg Size: 329 KB
Cut your Losers short and let your Winners run.
  • #4,062
  • Nov 24, 2015 10:02am Nov 24, 2015 10:02am
Quoting Parr
+52,-5,S 10932 (+30) ongoing 1 trade.Div on 3 renko and SR.Close on div.There wasn't div on 5 and 10 renko so i decide to close on nearest Fib. 2 trade"Div on 3 renko.Should close BE 3) Div on 3 and 5 renko and fid.Ongoing. Edit:Close last trade 10 900.+32 BRN and div on 3 renko.Enough for me for today. Balance for all day - 323 pkt.Amazing.I'm so shocked. {image}
+323 Pips. I have just fallen off my chair and hit my head, I now have a concussion and possible brain damage and will have to retire from trading completely.

Fantastic day for you I am so pleased for you.
Cut your Losers short and let your Winners run.
  • #4,063
  • Nov 24, 2015 10:11am Nov 24, 2015 10:11am
It is not that I do not love you all dearly, but I have not been posting or even trading for the last few days, unfortunately life got in the way, but things should start to get back to normal.

PS. I will deal with the back log of PMs over the next couple of days.
Cut your Losers short and let your Winners run.
  • #4,064
  • Nov 24, 2015 10:16am Nov 24, 2015 10:16am
Quoting dee50
{quote} +323 Pips. I have just fallen off my chair and hit my head, I now have a concussion and possible brain damage and will have to retire from trading completely. Fantastic day for you I am so pleased for you.
LOL dee
Yeah, fantastic trading Parr! Sincere congratulations.
dee50 is back. Where is friska?
Many real life troubles for me lately, so - no trading. Hopefuly will start trading again next month. Until then - lurking mode on.
:: everything is awesome ::
  • #4,065
  • Nov 24, 2015 2:13pm Nov 24, 2015 2:13pm
Hi,

This is my first post so be gentle please. I have been reading this thread for days and to be honest my head is now spinning with all the information to digest.

I have been deliberating how best to request an outline without invoking a response along the lines to read the thread or do a search etc etc so I guess the best way is just to ask outright and hope someone will be so kind as to provide an answer.

Firstly let me say I have the mechanics worked out, I understand Renko bars, MT 4 & chart set up is not an issue.

What I would really appreciate is a summary primarily of the method, chart patterns to look for, entries, stops and how you guys manage to stay in the trades for so long.

I know the information is all within this thread but it's an evolved method over many posts and having joined a thread that is over 200 pages long it's difficult to piece it all together.

I'm sure many would appreciate a summary and it will make life easier for those that find this thread in the future, assuming of course they have the resilience to read 2004 pages.

Many thanks in advance

Tony
  • #4,066
  • Nov 24, 2015 3:51pm Nov 24, 2015 3:51pm
In a nutshell (for me at least), it's S&R, BRN's, Divergence (Stoch / MACD), Stoch OB/OS, 123's, Fibs.. all standard stuff really. There's a post somewhere that has Dee50's template and indi's.

The best way I've found to learn is to just dive in, examine every screenshot post and explanation and open up your renko charts to the same day and think about how I would trade it.
  • #4,067
  • Nov 24, 2015 4:43pm Nov 24, 2015 4:43pm
Quoting dee50
{quote} Absolutely perfect trading. Congratulations you are on the way to changing yours and your families life. Hope you do not mind, but I have marked up your chart for the benefit of others here on the thread. Every entry, except one, was perfectly executed and not just that but you held the trades to get the maximum pips, excellent. When you are ready to take over the thread, just say, I will be happy to step down {image}
This joke with Your step down was really funny Thanks for good words to me.As I wrote I'm beginner and I made a lot of mistakes.But honestly after today trading I'm more confident that I'm on right way.I would like to thanks You Dee for all Your posts.
Thanks that You indicate on Stoch.I don't watch Stoch that is my little problem.Your tip is very,very important to me.
  • #4,068
  • Nov 24, 2015 4:44pm Nov 24, 2015 4:44pm
Quoting Matomi
Guys, sorry for inactivity last days, I am very busy with creating my new PDF about J.Ross with Stoch and MACD, there is no time for posting my trades, but this week I reached 100 pips target again and at Monday I am going on Real account, so wish me luck guys ! I wish you all nice and full of relax weekend, see you in new week !
Attached File(s)
File Type: mq4 2line_MACD.mq4   3 KB | 378 downloads


as requested matomi
  • #4,069
  • Nov 24, 2015 4:47pm Nov 24, 2015 4:47pm
Quoting dee50
It is not that I do not love you all dearly, but I have not been posting or even trading for the last few days, unfortunately life got in the way, but things should start to get back to normal. PS. I will deal with the back log of PMs over the next couple of days.
It's good to read that everything in Your life is getting back to normal.I'm waiting for Your posts and trading screens like desert is waiting for rain Come back here as soon as possible.
  • #4,070
  • Nov 24, 2015 5:56pm Nov 24, 2015 5:56pm
Quoting PhilippineFX
{quote} {file} as requested matomi
Thank you bro !
  • #4,071
  • Nov 25, 2015 2:25am Nov 25, 2015 2:25am
Dax30.. 12,11,10,19,22,24,16....in at triple top and stochs OB on renco5 pip.....honestly I had no real exit plan...after 4 minutes I was frantically closing the 7 positions to lock in the profit and failed to notice the Kentucky Derby runner in full flight........still, pips are pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 16 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 70 KB
  • #4,072
  • Nov 25, 2015 3:23am Nov 25, 2015 3:23am
Quoting PhilippineFX
Dax30.. 12,11,10,19,22,24,16....in at triple top and stochs OB on renco5 pip.....honestly I had no real exit plan...after 4 minutes I was frantically closing the 7 positions to lock in the profit and failed to notice the Kentucky Derby runner in full flight........still, pips are pips {image}{image}
I am in amazement Do not worry about bigger potential, you grabbed 114 pips man, that is fenomenal for 4 minutes
  • #4,073
  • Nov 25, 2015 9:48am Nov 25, 2015 9:48am
Quoting TonyF
Hi, This is my first post so be gentle please. I have been reading this thread for days and to be honest my head is now spinning with all the information to digest. I have been deliberating how best to request an outline without invoking a response along the lines to read the thread or do a search etc etc so I guess the best way is just to ask outright and hope someone will be so kind as to provide an answer. Firstly let me say I have the mechanics worked out, I understand Renko bars, MT 4 & chart set up is not an issue. What I would really appreciate...
I am not a regular on this thread, but if you start at the beginning & only read & study posts by Jaquemate and dee50, pretty much all your questions will be answered and the number of posts will be dramatically reduced. No offence meant to others posting here (there are lots of other excellent posts, but mine is a practical solution) !

Post # 354 is particularly important, especially if you are over 5'10".
  • #4,074
  • Nov 25, 2015 10:29am Nov 25, 2015 10:29am
Quoting TonyF
Hi, This is my first post so be gentle please. I have been reading this thread for days and to be honest my head is now spinning with all the information to digest. I have been deliberating how best to request an outline without invoking a response along the lines to read the thread or do a search etc etc so I guess the best way is just to ask outright and hope someone will be so kind as to provide an answer. Firstly let me say I have the mechanics worked out, I understand Renko bars, MT 4 & chart set up is not an issue. What I would really appreciate...

Hi Tony - I too am new to this thread, actually, I only started reading it today......but then I do have some experience of reading threads both here and elsewhere!

I always read through a new thread before posting - especially the first page which usually sets out what the starter of the thread is trying to do, the Rules for Posting etc.

During today I noticed the post # 3392 on Page 170 - this should help you.

Regards

Islander

PS Thanks Jaquemate for your thread and dee55 for your extensive and helpful posts - all are bringing me back up to speed on Renko
Trading Levels with WRBs
  • #4,075
  • Nov 25, 2015 11:34am Nov 25, 2015 11:34am
Many thanks for the replies guys.

Quote
Superjolt
"open up your renko charts to the same day and think about how I would trade it"

One thing I have learnt is that I am as good a trader as it is possible to be with a completed chart, the moves are all so obvious and I always get maximum pips.

It's a different matter when the charts are live and as someone said previously "when I enter a trade the market instantly goes in the other direction" 9 times out of 10 I would agree, the tenth time it takes a while to turn

I appreciate the comments from jtrade & Islander and will check those posts out.

Hopefully this will help, I have uploaded the Dee 50 posts pdf and his templates on the links below, the 50 posts pdf was a real pain to download as the hosting site only allows downloads if you install their software!!!

Dee 50 posts - PDF

Inserted Code
http://www14.zippyshare.com/v/jUvS06QG/file.html

Inserted Code
https://copy.com/fVGOwmDP2pQjf8Hu

Dee Template and Indicators

Inserted Code
http://www10.zippyshare.com/v/Xqn3BST4/file.html

Inserted Code
https://copy.com/RSuvUYe0iN2UYNnO

Off to study Dees 50 posts, 123 & Ross Hooks for starters.

Tony
  • #4,076
  • Nov 25, 2015 11:42am Nov 25, 2015 11:42am
Quoting TonyF
Hi, This is my first post so be gentle please. I have been reading this thread for days and to be honest my head is now spinning with all the information to digest. I have been deliberating how best to request an outline without invoking a response along the lines to read the thread or do a search etc etc so I guess the best way is just to ask outright and hope someone will be so kind as to provide an answer. Firstly let me say I have the mechanics worked out, I understand Renko bars, MT 4 & chart set up is not an issue. What I would really appreciate...
Try this post. http://www.forexfactory.com/showthre...30#post8539530

All my earlier charts were marked up with reasons for the trade and exits, recently I have got a bit lazy, but really the charts explain every thing.

How to hold onto a trade for the maximum Pips? It is really a mind game, Identify your TP and then leave things alone, this is extremely hard for most traders to do, and it takes practice, lots of it. If you do not know how to identify your TP then you need to learn about S&R Levels, 123 Fib expansions and Fib Retracements.
Cut your Losers short and let your Winners run.
  • #4,077
  • Nov 25, 2015 12:17pm Nov 25, 2015 12:17pm
Quoting TonyF
Many thanks for the replies guys. {quote} One thing I have learnt is that I am as good a trader as it is possible to be with a completed chart, the moves are all so obvious and I always get maximum pips. It's a different matter when the charts are live and as someone said previously "when I enter a trade the market instantly goes in the other direction" 9 times out of 10 I would agree, the tenth time it takes a while to turn I appreciate the comments from jtrade & Islander and will check those posts out. Hopefully this will help, I have uploaded...
Looks like you got your answer so just ignore my previous post. I will leave it there for any other passing traders.

Sounds like you should have no problem getting to grips with Renko charts, look forward to hearing more from you.
Cut your Losers short and let your Winners run.
  • #4,078
  • Nov 26, 2015 2:27am Nov 26, 2015 2:27am
Quote
Looks like you got your answer so just ignore my previous post. I will leave it there for any other passing traders.
Sounds like you should have no problem getting to grips with Renko charts

Not sure whether I have offended you Dee50 or you've misunderstood my reply?

I am far from getting to grips with Renko, at least profitably, I can look at a chart and see the obvious entries and exits but mostly because I can see what follows, with a live chart it's a completely different ball game and one that isn't proving profitable at the moment hence I'm devouring this thread and the attachments.

I am indebted to you, as I am to all contributors in this thread, for your time and effort and I really appreciate it, having wiped out 70% of my bank prior to finding this thread I was seriously considering throwing in the towel, now at least I have some hope and it's all down to you guys.

Thankyou

Tony
  • #4,079
  • Nov 26, 2015 3:29am Nov 26, 2015 3:29am
GER30 B/E +2 ongoing. Reason for entry! No technical set up other than a Pullback and the Obvious, "Don't Fight The Trend". I have down sized my lots on this one, lower risk as I am not sure how strong the sentiment will be with the Thanks Giving Holiday. The Breakout above 11250 has given me a little more confidence so I have moved my TP upto the 11280 level instead of taking profit earlier.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 BE +2 ongoing 261115.png Size: 46 KB
Cut your Losers short and let your Winners run.
  • #4,080
  • Nov 26, 2015 3:36am Nov 26, 2015 3:36am
Quoting TonyF
{quote} Not sure whether I have offended you Dee50 or you've misunderstood my reply? I am far from getting to grips with Renko, at least profitably, I can look at a chart and see the obvious entries and exits but mostly because I can see what follows, with a live chart it's a completely different ball game and one that isn't proving profitable at the moment hence I'm devouring this thread and the attachments. I am indebted to you, as I am to all contributors in this thread, for your time and effort and I really appreciate it, having wiped out 70%...
You most definitely have not offended me.

You will get used to my responses, I am a cranky 60 year old who likes to keep his responses short and sweet.
Cut your Losers short and let your Winners run.
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