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More simple is impossible

  • #4,101
  • Nov 27, 2015 4:27am Nov 27, 2015 4:27am
An hour of frustration and finally a breakout - a real test of discipline and patience - slowly getting to grips with these bricks....
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Trading Levels with WRBs
  • #4,102
  • Nov 27, 2015 6:14am Nov 27, 2015 6:14am
Dax 30.... -3,1,1,1,3,2,5,3,5,6....it was a little optimistic to take this off the fib 61.8 and stochs OS....hoping for 5-10 pips but happy to get out with what the market had to offer

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  • #4,103
  • Nov 27, 2015 6:42am Nov 27, 2015 6:42am
dax 30....that went better....9,10......in at fib61.8 and stochs OS and S/R....out at OB stochs

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  • #4,104
  • Nov 27, 2015 7:05am Nov 27, 2015 7:05am
dax 10,14,11.......same old thing

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  • #4,105
  • Nov 27, 2015 7:17am Nov 27, 2015 7:17am
dax 10,9,8,8,7.....stochs OB and OS is working like a charm on the renco3 at the moment..
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  • #4,106
  • Nov 27, 2015 7:50am Nov 27, 2015 7:50am
dax 6x10ish...in at fib50 and BRN....macd had a sharp bounce off OS
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  • #4,107
  • Nov 27, 2015 11:01am Nov 27, 2015 11:01am
Maybe this will be of interest to others here trading the DAX if you've not seen it already.

This page gives a nice overview of the market along with a daily technical analysis video to watch. I never read too much into what's being said, nevertheless it can you give you something to form your own opinions on for the day ahead.

http://www.fxempire.com/indices/dax-30

Have a good weekend all.
  • #4,108
  • Nov 28, 2015 7:41am Nov 28, 2015 7:41am
Hi,
My first post here. I read the whole thread and i am impressed with the results. Many thanks to all who have contributed here, especially Dee, always pacient and generous. Friday was the first day I used this method, and I made 104.77 pips, demo account. I know it was an easy day, but finally I am hopeful to become profitable and consistent.
Thanks
Carl.
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  • #4,109
  • Nov 30, 2015 9:26am Nov 30, 2015 9:26am
GER30+70x6+66x6+20x3+40x3+B/e+2 ongoing. Well hello. How is every one? Meagre pickings today and I have to confess i was doubtful about a couple of trades, especially the last one as price dithered for a while there were a couple of moments when I nearly broke and closed the trade, but then as the DAX will do, suddenly price dropped and I got to B/E, so now I am just leaving it alone.
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Cut your Losers short and let your Winners run.
  • #4,110
  • Nov 30, 2015 9:32am Nov 30, 2015 9:32am
Quoting CarlWinner
Hi, My first post here. I read the whole thread and i am impressed with the results. Many thanks to all who have contributed here, especially Dee, always pacient and generous. Friday was the first day I used this method, and I made 104.77 pips, demo account. I know it was an easy day, but finally I am hopeful to become profitable and consistent. Thanks Carl. {image}
Hi Carl welcome aboard the Pip Express, I hope you become profitable and consistent too.

You know you can drag your trades onto the chart from the "Terminal"? just left click and hold a trade then drag the pointer onto a chart and hey presto your trade markers appear on the chart. makes it easier to visualize your trades both for you and us.

Big congrats for Fridays pips
Cut your Losers short and let your Winners run.
  • #4,111
  • Nov 30, 2015 9:34am Nov 30, 2015 9:34am
Quoting PhilippineFX
dax 6x10ish...in at fib50 and BRN....macd had a sharp bounce off OS {image}
Just luv how you pile up those little pips hoping no one will notice. I bet you were one of the ones that used to ring the door bell and then run off to a safe vantage point killing your self laughing.
Cut your Losers short and let your Winners run.
  • #4,112
  • Nov 30, 2015 9:37am Nov 30, 2015 9:37am
Quoting superjolt
Maybe this will be of interest to others here trading the DAX if you've not seen it already. This page gives a nice overview of the market along with a daily technical analysis video to watch. I never read too much into what's being said, nevertheless it can you give you something to form your own opinions on for the day ahead. http://www.fxempire.com/indices/dax-30 Have a good weekend all.
Thanks for the link, I still have not watched the video, perhaps I should have because I have struggled a bit today to work out where the DAX is going, Forecasting is not my strong point so any help is welcome.
Cut your Losers short and let your Winners run.
  • #4,113
  • Nov 30, 2015 9:41am Nov 30, 2015 9:41am
Quoting Islander
An hour of frustration and finally a breakout - a real test of discipline and patience - slowly getting to grips with these bricks.... {image}
HAH! If that is you "Getting to Grips" I can not wait to see what happens when you have "Mastered the Bricks", i do not see any losers on the chart.

Some what delayed response, apologies.
Cut your Losers short and let your Winners run.
  • #4,114
  • Nov 30, 2015 9:45am Nov 30, 2015 9:45am
Quoting jtrade
{quote} What are you on, dee50 >10 posts in a single day - quality and quantity... whatever next !? (but keep 'em coming...) jt (not only older, but also taller, than you )
Just spotted your final remark, it is a bit cruel to rub in the height thing, but on reflection, I can at least call you an "old fart" which evens things out.
Cut your Losers short and let your Winners run.
  • #4,115
  • Nov 30, 2015 10:11am Nov 30, 2015 10:11am
GER30+27. While i was typing the last trade went to TP. what is interesting here though is we had a double bottom, no divergence on the 5 pip but Hidden divergence on the 10 pip, which I did not see because I was here, not there so no I did not take that entry, instead I have been waiting for the turn back down, which has not happened
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Cut your Losers short and let your Winners run.
  • #4,116
  • Nov 30, 2015 10:39am Nov 30, 2015 10:39am
Hi DEE ! Do I think well ?
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  • #4,117
  • Nov 30, 2015 11:21am Nov 30, 2015 11:21am
Quoting Turbobzik
Hi DEE ! Do I think well ? {image}
I am sorry but I can not answer you, you are using standard candles and the TDI, neither of which I use any more and you have cut off the right hand side of the chart so I can not see what levels you are at, you have various lines drawn on the chart but again the RH side is missing so I can not tell what those lines are. Are you entering based on Pivots? again not some thing I use.
Cut your Losers short and let your Winners run.
  • #4,118
  • Nov 30, 2015 11:37am Nov 30, 2015 11:37am
Hi Dee50:

just wondering which indicators you are currently using? thanks in advance.

cheers
seeing through
  • #4,119
  • Nov 30, 2015 11:40am Nov 30, 2015 11:40am
Quoting dee50
{quote} I am sorry but I can not answer you, you are using standard candles and the TDI, neither of which I use any more and you have cut off the right hand side of the chart so I can not see what levels you are at, you have various lines drawn on the chart but again the RH side is missing so I can not tell what those lines are. Are you entering based on Pivots? again not some thing I use.
Following your entries and try to get the best performance from you, I can not move on Renko's why I try to learn what can I use on a regular charts.
I entering based on Pivots
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  • #4,120
  • Nov 30, 2015 12:03pm Nov 30, 2015 12:03pm
hello deei left a post for you on page 205 can please reply when you have the time .Also can you please explain how you get your support and resistance
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