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More simple is impossible

  • #4,341
  • Dec 9, 2015 2:52pm Dec 9, 2015 2:52pm
Quoting dee50
{quote} You need to ask PhilipineFX those questions, I only started scalping yesterday, normally I only fit in a scalp or two in between my normal trades, where as Phili has been at it much longer with more history, I am still feeling my way.
  • #4,342
  • Edited 3:14pm Dec 9, 2015 2:53pm | Edited 3:14pm
[quote = dee50; 8.634.816] GER30 +40. Di nuovo. Se non si cattura i Negozi a prima ora della siesta Che non si aprono di nuovo fino a Nightlife 05:00 di sera, il Che pu Essere un vero e proprio dolore when si sta Cercando di ottenere Qualche cosa finita. Qualsiasi modo Che Il Commercio Ultimi Mi sono trasferito TP Fino al successivo debiti formativi fib e trasferito sl ESSERE dovuto, poi usc e lasci Correre. Sarebbe Utile se ho aggiunto il grafico! {image} [/ quote]

Dee 50 Ciao e complimenti per il vostro commercio.
  • #4,343
  • Dec 9, 2015 2:55pm Dec 9, 2015 2:55pm
Quoting dee50
{quote} HHMMM! number 1 number 2 where was number 2a number 3&4, divergence, but PA and stochs and MACD saying short.
I let the divergence cloud my judgement...tight stops kept me safe...lol
  • #4,344
  • Edited 7:11pm Dec 9, 2015 6:15pm | Edited 7:11pm
Quoting dee50
GER30 +40. Back again. If you do not catch the shops before siesta time they do not open again until 5.00pm in the evening, which can be a real pain when you are trying to get some thing finished. Any way that last trade i moved TP down to next fib level and moved sl to BE +2, then went out and left it running. It would help if I added the chart! {image}
Any particular reason why you didn't take any of these?

I'd say nr. 3 coz it's near BRN and nr. 4 coz its near your purple level. But Nr.1 and 2 hm.. to be honest really don't know.
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  • #4,345
  • Dec 10, 2015 1:09am Dec 10, 2015 1:09am
Quoting nuckern
{quote} Any particular reason why you didn't take any of these? I'd say nr. 3 coz it's near BRN and nr. 4 coz its near your purple level. But Nr.1 and 2 hm.. to be honest really don't know. {image}
Hi nuckern,
I thought I would have a go at answering your questions before the master comes up with his reasoning.
In my opinion the upswing on #1, 5 bricks or 25 pips, was too small considering that you would be entering at 15 pips on the way down, thus leaving you with a potential profit of only 9 pips, taking the 1 pip spread into consideration. You always have to expect swings highs/lows to act as support/resistance.
Regarding #2, I asked dee a question a few days ago about a similar setup and his answer was “what is price doing that may make you want to hold on, what did the stochs do on its last down cycle”. If you have a look at the previous 2 attempts that price made to resume the down cycle you will find that the stoch did not get very far indicating upswing strength.
  • #4,346
  • Dec 10, 2015 1:54am Dec 10, 2015 1:54am
Quoting Ic555
{quote} Hi nuckern, I thought I would have a go at answering your questions before the master comes up with his reasoning. In my opinion the upswing on #1, 5 bricks or 25 pips, was too small considering that you would be entering at 15 pips on the way down, thus leaving you with a potential profit of only 9 pips, taking the 1 pip spread into consideration. You always have to expect swings highs/lows to act as support/resistance. Regarding #2, I asked dee a question a few days ago about a similar setup and his answer was what is price doing that...
Yeah, I thought about the upswing strenght, but before 4th Dee's setup stoch didn't come to OS either showing strenght. And Dee took it anyway. I guess that was coz of Double top.
  • #4,347
  • Dec 10, 2015 2:24am Dec 10, 2015 2:24am
gm all,
dax 4H / 5p renko
move sL close to 10600 ( 61.8 ) +80 onging

edit: 61.8 touched out +92
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nescentia necat
  • #4,348
  • Dec 10, 2015 2:51am Dec 10, 2015 2:51am
Da 1x-11, +3x15, 3x8, 43,47,43,42,45.......it never ceases to amaze me how fast and far the Dax can move in such a short time. Went down to the beach to talk to a friend for 20 minutes and came back to see it had drooped 50 then clawed back 100 ....just had time to catch the retrace to the fib 50....as I am typing this its flirting with the 61.8.....
The Dax 30 is a trading machine......5-50 point scalps all day long....well most days anyways

Gotta stop talking so much....just missed the bounce off of the 61.8:nerd:
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  • #4,349
  • Dec 10, 2015 3:05am Dec 10, 2015 3:05am
SMA 35 | M5
Red - Short
Green - Long
Yellow - Hold
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  • #4,350
  • Dec 10, 2015 3:13am Dec 10, 2015 3:13am
Dax 30....4x10, 4x22......the pace has slowed down[if you can call it slow] so i switched to the Renco 3 chart.....that switch was determined by brick count....macd and stochs work best at around 8-15 bricks per cycle....or so it seems..:nerd:.....for a rush try trading a 1 or 2 brick renco...
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  • #4,351
  • Dec 10, 2015 4:10am Dec 10, 2015 4:10am
hello phillipine x how do u draw your fibs why don't I see the 61.8
  • #4,352
  • Dec 10, 2015 4:16am Dec 10, 2015 4:16am
Quoting bettervolume
hello phillipine x how do u draw your fibs why don't I see the 61.8
Look at post 4348...its there
  • #4,353
  • Dec 10, 2015 4:42am Dec 10, 2015 4:42am
thanx will check it
  • #4,354
  • Dec 10, 2015 6:26am Dec 10, 2015 6:26am
6x21, 4x11
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  • #4,355
  • Dec 10, 2015 6:38am Dec 10, 2015 6:38am
7x21
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  • #4,356
  • Dec 10, 2015 6:50am Dec 10, 2015 6:50am
Dax,,, 6x 15-19
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  • #4,357
  • Dec 10, 2015 7:18am Dec 10, 2015 7:18am
Quoting PhilippineFX
Dax,,, 6x 15-19{image}
No words to your trades!
  • #4,358
  • Dec 10, 2015 8:25am Dec 10, 2015 8:25am
Quoting nosikirikii
SMA 35 | M5 Red - Short Green - Long Yellow - Hold {image}

if more simple was impossible, such as this, we'd all be millionaires Rodney.
  • #4,359
  • Dec 10, 2015 2:11pm Dec 10, 2015 2:11pm
Sorry I posted the wrong chart for the last trade which was actually 7x1​8..........hind sight is a wonderful thing....closed on the first leg of a 123 and real runner
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  • #4,360
  • Dec 10, 2015 2:17pm Dec 10, 2015 2:17pm
Just noticed the strong divergence off of the 123 and triple bottom.....this is Dee territory.....and a good example of not stepping back to see the big picture.......how can anyone be bored studying the markets???
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