More simple is impossible | Page 231 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

More easy is impossible 17 replies

long-run profits impossible with short-term trading? 39 replies

Attachments: More simple is impossible
Exit Attachments

More simple is impossible

  • #4,601
  • Dec 28, 2015 8:44am Dec 28, 2015 8:44am
Quoting Ic555
I think that I may have just performed a "dee50" style trade. Bounce off support on the R10 confirmed by a 123 setup on the R5. Thank-you dee {image}
Beautiful
Energy, frequency and vibration.
  • #4,602
  • Dec 30, 2015 2:19am Dec 30, 2015 2:19am
Hello you all!

I'm very happy that I found this thread. A lot of useful information and new approaches in trading can be found here! Thank you all for sharing.
I have a small question if I may, I am not sure if this subject have been already discussed or not, if yes, please excuse me. Also, I hope I will not break any rules of this forum.
Well..my question would be...what broker do you use? This is scalping, fast trading, so we need small spread, perfect executions, good protections of our funds...So far I personally changed 2-3 brokers because I was unhappy with the services they provided.
What about you?

Thank you!
Wish you all a Happy New Year!
  • #4,603
  • Dec 30, 2015 2:33am Dec 30, 2015 2:33am
Quoting victor007
Hello you all! I'm very happy that I found this thread. A lot of useful information and new approaches in trading can be found here! Thank you all for sharing. I have a small question if I may, I am not sure if this subject have been already discussed or not, if yes, please excuse me. Also, I hope I will not break any rules of this forum. Well..my question would be...what broker do you use? This is scalping, fast trading, so we need small spread, perfect executions, good protections of our funds...So far I personally changed 2-3 brokers because...
It's not necessarily have to be scalping or fast-paced.
Invincibility lies in the defence; the possibility of victory in the attack
  • #4,604
  • Dec 30, 2015 4:52am Dec 30, 2015 4:52am
Quoting victor007
Hello you all! I'm very happy that I found this thread. A lot of useful information and new approaches in trading can be found here! Thank you all for sharing. I have a small question if I may, I am not sure if this subject have been already discussed or not, if yes, please excuse me. Also, I hope I will not break any rules of this forum. Well..my question would be...what broker do you use? This is scalping, fast trading, so we need small spread, perfect executions, good protections of our funds...So far I personally changed 2-3 brokers because...
Hi Victor, try Pepperstone, and you will not change it anymore
  • #4,605
  • Dec 30, 2015 6:02am Dec 30, 2015 6:02am
Quoting Matomi
{quote} Hi Victor, try Pepperstone, and you will not change it anymore
I second that.
Invincibility lies in the defence; the possibility of victory in the attack
  • #4,606
  • Jan 4, 2016 6:07am Jan 4, 2016 6:07am
GER30+100+33+58. Happy New year every one, hope your fiestas were good ones.

Not a bad start for me, not brilliant, I got spooked on the second trade and closed it, and now in hindsight, i think my TP for the last trade was a bit conservative, I opted for the 127% ext but it looks now like it wants to go down to the 161.8%, but it is 13.00pm here in ECT, so the next push down, if it comes today will likely be when the Americans join us.

Don't worry if you are second guessing your selves, it takes a bit of time to get the right mind set back, look at me, I don't normally scare easily but today I have traded like a wimp!
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+100+33+58 40116.png Size: 53 KB
Cut your Losers short and let your Winners run.
  • #4,607
  • Jan 4, 2016 6:31am Jan 4, 2016 6:31am
Quoting dee50
GER30+100+33+58. Happy New year every one, hope your fiestas were good ones. Not a bad start for me, not brilliant, I got spooked on the second trade and closed it, and now in hindsight, i think my TP for the last trade was a bit conservative, I opted for the 127% ext but it looks now like it wants to go down to the 161.8%, but it is 13.00pm here in ECT, so the next push down, if it comes today will likely be when the Americans join us. Don't worry if you are second guessing your selves, it takes a bit of time to get the right mind set back, look...
Happy New Year Dee

It's good to know you're human!

Dax giving us a nice easy start to the New Year. I needed this easy start to get my brain into gear - still messed up a few trades but a strong trend helps saves the day.

Happy New Year Everyone.
  • #4,608
  • Jan 4, 2016 6:57am Jan 4, 2016 6:57am
Last night I watched a film called "The Big Short", Wow, what an I opener for me, not being a financial whiz, unlike most of you I never fully understood what happened to cause this recession, this film really opened my eyes.
It is not a film for the family, I tried to discuss it with my wife afterwards but the glazed expression in her eyes told me I needed to shut up.

Imdb's synopsis is as follows. http://www.imdb.com/title/tt1596363/?ref_=nv_sr_1

"Four outsiders in the world of high-finance who predicted the credit and housing bubble collapse of the mid-2000s decide to take on the big banks for their lack of foresight and greed."

If you saw "Margin Call" you saw a film about what happened, purportedly, to Lehman Brothers, well The Big Short is based on true facts and looks at it from another perspective and goes into it with far more detail, now I really understand the industry that we work in and in one way it scares the shit out of me but in an other way it fills me with confidence that I can beat the Big Boys at their own game because, as I suspected, they are a bunch of idiots!!

The film has just been released into the cinemas in America but I cheated and found a free high quality download, I will buy it on DVD when it is available because it is one for my library.
Cut your Losers short and let your Winners run.
  • #4,609
  • Jan 4, 2016 9:09am Jan 4, 2016 9:09am
Two entries worth mentioning today, one is a BE, the other actually reached my TP. I am still demoing, especially that I have to get my mojo back after the two weeks break. I'll start trading live next week probably, IF I manage to grind some decent profit out of my demo account.

Btw, does anybody knows a good trade manager EA? I have two, none of them seems to work. Thanks.

Regards
Balazs
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GER30M3.png Size: 44 KB
Click to Enlarge Name: GER30M4.png Size: 43 KB
Invincibility lies in the defence; the possibility of victory in the attack
  • #4,610
  • Jan 4, 2016 9:57am Jan 4, 2016 9:57am
Quoting BBalazs
TBtw, does anybody knows a good trade manager EA? I have two, none of them seems to work. Thanks. Regards Balazs {image} {image}
This is the only one that is still working for me, all the others just stopped!!!.
It is written in Swahili so it is a bit of an arse hole to get to grips with, it was written by a village idiot from Toledo who took all the credit for it but in actual fact he ripped off some one else's hard work, but, it is the only TM that still works.

You will need to play around with the settings to get it to work with your broker, how ever these are settings if you want to have SL = 20. TP = 40. Move to B/E +2 @ 8 pips.
With other brokers you will have to add 000s to get it to do what you want.

here is the link to the post. http://www.forexfactory.com/showthre...15#post8426515
Attached Image(s) (click to enlarge)
Click to Enlarge Name: APTM1.png Size: 42 KB
Click to Enlarge Name: APTM2.png Size: 36 KB
Attached Image
Cut your Losers short and let your Winners run.
  • #4,611
  • Jan 4, 2016 10:03am Jan 4, 2016 10:03am
Quoting dee50
{quote} This is the only one that is still working for me, all the others just stopped!!!. It is written in Swahili so it is a bit of an arse hole to get to grips with, it was written by a village idiot from Toledo who took all the credit for it but in actual fact he ripped off some one else's hard work, but, it is the only TM that still works. You will need to play around with the settings to get it to work with your broker, how ever these are settings if you want to have SL = 20. TP = 40. Move to B/E +2 @ 8 pips. With other brokers you will have...
Thank you dee, it will make trading much more easier. I'll play around with it.
Invincibility lies in the defence; the possibility of victory in the attack
  • #4,612
  • Edited 10:25am Jan 4, 2016 10:12am | Edited 10:25am
hi all mates,,
back to work?
I hope your holidays are gone out for the best...
Attached Image
nescentia necat
  • #4,613
  • Edited 3:57am Jan 5, 2016 3:30am | Edited 3:57am
gm all!
back to work playing with flag and triangles..
warm up
csm jpy strong
sell ej cj eu
1H
ej
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2016-01-05 alle 10.29.48.png Size: 29 KB

cj
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2016-01-05 alle 10.29.30.png Size: 72 KB

eu
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2016-01-05 alle 10.23.03.png Size: 29 KB


edit close all (xx.x --> one point decimal, like 28.8pip not 288 )
Attached Image
nescentia necat
  • #4,614
  • Jan 5, 2016 3:52am Jan 5, 2016 3:52am
GER30+92+60. GM all. First ones for today. After all that we will consolidate for a while. Next target down is 10105ish but I would be surprised if that was reached today, upside target, who knowsyou will need to ask Friska that is his area of expertise.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GER30+92+60 50116.png Size: 36 KB
Click to Enlarge Name: GER30H4 50116.png Size: 53 KB
Cut your Losers short and let your Winners run.
  • #4,615
  • Jan 5, 2016 3:54am Jan 5, 2016 3:54am
Quoting friska
gm all! back to work playing with flag and triangles.. warm up csm jpy strong sell ej cj eu 1H ej {image} cj {image} eu {image} edit close all {image}
Da Vinci's protege, one day we will see these charts hanging next to the Mona Lisa. really nice trade.
Cut your Losers short and let your Winners run.
  • #4,616
  • Edited 4:36am Jan 5, 2016 4:14am | Edited 4:36am
Quoting dee50
GER30+92+60. GM all. First ones for today. After all that we will consolidate for a while. Next target down is 10105ish but I would be surprised if that was reached today, upside target, who knowsyou will need to ask Friska that is his area of expertise. {image} {image}
hi dee!
glad read you again
I'm a bit scared by dax these days with china and everything else.
the gap yesterday was strong and so far no signs of recovery.
I have not worked on dax yesterday but I was pleased that you were on the right side of the force! aaa great job !!
This is my D chart, i see an up channel break and we are close to 38.2 in december made a good bounce.
big bear Hdiv + rdiv on macd has supported the fall movement, but for now i'm sideway...
my 2c
(please all, if you want to comment or add something or obviously share your analysis. do not be shy !!)
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2016-01-05 alle 11.05.21.png Size: 184 KB


4H
sensible area here
It would be well a nice dbl btm with some good confirmation
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2016-01-05 alle 11.35.04.png Size: 150 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2016-01-05 alle 11.35.18.png Size: 115 KB



Quoting dee50
{quote} Da Vinci's protege, one day we will see these charts hanging next to the Mona Lisa. really nice trade.

thank you master!
nescentia necat
  • #4,617
  • Jan 5, 2016 4:38am Jan 5, 2016 4:38am
Just a thought for the day. DON'T CATCH A FALLING KNIFE. When a strong trend is in place and price is moving fast it is all too easy to succumb to the temptation of jumping in and trying to grab a "few" pips because you think you are missing out. No Problem, you can do that, but WAIT FOR A PULLBACK and then pull the trigger fast this will reduce the likely hood of you watching price go against you it gives you the chance of panicking and closing out the trade at BE. Price always Pulls back at some point you just need to wait!

Don't get caught out by Divergence. In a strong trend like today Divergence is unlikely to signal a change in direction and watch out for divergence in No Mans Land as you can see on the chart, i closed the trade because of divergence but I am not expecting this to be a change of direction because there is nothing else to support the divergence.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+42 50116.png Size: 38 KB
Cut your Losers short and let your Winners run.
  • #4,618
  • Jan 5, 2016 4:57am Jan 5, 2016 4:57am
Quoting dee50
Just a thought for the day. DON'T CATCH A FALLING KNIFE. When a strong trend is in place and price is moving fast it is all too easy to succumb to the temptation of jumping in and trying to grab a "few" pips because you think you are missing out. No Problem, you can do that, but WAIT FOR A PULLBACK and then pull the trigger fast this will reduce the likely hood of you watching price go against you it gives you the chance of panicking and closing out the trade at BE. Price always Pulls back at some point you just need to wait!...
I should have tattooed on my mouse finger..
nescentia necat
  • #4,619
  • Jan 5, 2016 5:06am Jan 5, 2016 5:06am
Quoting friska
{quote} I should have tattooed on my mouse finger..
You must have a very very long mouse finger, your wife must love you a lot
Cut your Losers short and let your Winners run.
  • #4,620
  • Jan 5, 2016 5:43am Jan 5, 2016 5:43am
Quoting dee50
{quote} You must have a very very long mouse finger, your wife must love you a lot
nescentia necat
7 traders viewing now