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  • #4,681
  • Jan 6, 2016 8:49am Jan 6, 2016 8:49am
Quoting friska
{quote} you're always on the right side of the force!
I am distantly related to Obe-Wan Kinobe perhaps that is why, although we are Galaxies apart.
Cut your Losers short and let your Winners run.
  • #4,682
  • Jan 6, 2016 9:00am Jan 6, 2016 9:00am
interesting 4H candle
wait for close
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nescentia necat
  • #4,683
  • Jan 6, 2016 9:15am Jan 6, 2016 9:15am
Quoting cfabian
Friska, Just wondering if you always use standard candle sticks, or really use renko? I'm liking very much what is being tought here around renko. My only issue is that I work fulltime, and using renko is difficult as it doesn't pay attention to time. It can create several candles or your expected formation within seconds/minutes, whilst standard candles you wait for specific time to see what is going on. If trading with standard charts, you also use stochs and MACD to trigget your trades? With same values as Dee uses for renko? Your input is very...
hi cfabian,
i use both.
I started with the standards charts then continuing even with those.
I can not set many renko charts coz i've several problems with cpu, then renko is dedicated to dax. 5&10 p.
but I find easier to draw main levels with candles.. so I look at both, with the same pa principles and indicators, same of Dee, same we are using here with his method. renko helps to compress and remove noise but working not only on the dax, the reading of the standard charts is always present in the day.
nescentia necat
  • #4,684
  • Jan 6, 2016 9:21am Jan 6, 2016 9:21am
Quoting dee50
Any one watched that film yet "The Big Short"? If you have not been able to find it yet, look for a site called "Primewire" Another tip for you with regard to surfing and searching, I have gone away from Google because of their anti social behaviour, I now use DuckDuckGo as my search engine they do not retain your search data and sell it, they do not track your habits, they do not forward your information to the sites you are searching for etc and the search results are the same as Google. Between the NSA and Google we have very little privacy left,...
Today I read the same title in another trading site ... someone was talking about the movie.
are you camouflaged?

Quoting dee50
{quote} I am distantly related to Obe-Wan Kinobe perhaps that is why, although we are Galaxies apart.
it is clear that you have jedi powers...
nescentia necat
  • #4,685
  • Jan 6, 2016 9:41am Jan 6, 2016 9:41am
Quoting dee50
{quote} I am distantly related to Obe-Wan Kinobe perhaps that is why, although we are Galaxies apart.

Mind you share morning 5 renko charts with entries my MASTER. Please.

Btw. Thank you for the movie suggestion! I'll wait for better quality tough.
  • #4,686
  • Edited 1:02am Jan 7, 2016 12:43am | Edited 1:02am
gm all
csm values
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outsider position
ea +40 ongoing
30m - indi OsMa + cci 10
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edit out+80
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nescentia necat
  • #4,687
  • Jan 7, 2016 2:28am Jan 7, 2016 2:28am
Dax30 +35, be+2, +15
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  • #4,688
  • Jan 7, 2016 2:38am Jan 7, 2016 2:38am
Trades today (+35, -11, +2, -12). My timing was awfully off. I got the general direction right every single time, unfortunately, I was too eager to pull the trigger. I am quite proud of myself though, I am doing way better than last week.
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Invincibility lies in the defence; the possibility of victory in the attack
  • #4,689
  • Jan 7, 2016 2:58am Jan 7, 2016 2:58am
friska - is that a proprietary CSM. I like the way you can see the overall strength.
  • #4,690
  • Jan 7, 2016 3:34am Jan 7, 2016 3:34am
Scalped UC for about 12.5 pips. Should have traded the big moves but I had my nose buried in Dee's trades

This is 3pip renko

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  • #4,691
  • Jan 7, 2016 3:58am Jan 7, 2016 3:58am
Quoting handy148
friska - is that a proprietary CSM. I like the way you can see the overall strength.
hi handy148


what does it mean 'proprietary CSM'?
I can not share the values?
nescentia necat
  • #4,692
  • Jan 7, 2016 5:07am Jan 7, 2016 5:07am
Quoting MisterC
Scalped UC for about 12.5 pips. Should have traded the big moves but I had my nose buried in Dee's trades This is 3pip renko {image}
nice
did u see that?
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nescentia necat
  • #4,693
  • Edited 5:39am Jan 7, 2016 5:29am | Edited 5:39am
Quoting friska
{quote} nice did u see that? {image} {image}
Certainly I did. I didn't marked them because I didn't really used them to make trading decisions; I was only looking to make about 10 pips, since I was reading, so I scalped the market. My short was rather uninspired...I believed the market to enter a larger range between: 1.4140 area and the blue line (previous day high) and that situation will turn out to be a 123 continuation (thank god for SL at BE right? ). Anyway...turns out that it entered a much smaller range, but large enough to get some pips.

Took another short. I entered too early and I got lucky because of news from Canada. Worked out nice in the end. 1st is 3pip brick; 2nd is 5pip. Reasons for entry: price showed a decrease in upside momentum (divergence and trendline break on 5pip), stochs was ready for down cycle. I entered as price reached area of resistance on the MACD indicator.

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Sorry, my charts are a bit messy.
  • #4,694
  • Jan 7, 2016 5:36am Jan 7, 2016 5:36am
Quoting MisterC
{quote} Certainly I did. I didn't marked them because I didn't really used them to make trading decisions; I was only looking to make about 10 pips, since I was reading, so I scalped the market. My short was rather uninspired...I believed the market to enter a larger range between: 1.4140 area and the blue line (previous day high) and that situation will turn out to be a 123 continuation (thank god for SL at BE right? ). Anyway...turns out that it entered a much smaller range, but large enough to get some pips. Took another short. I entered too...
nescentia necat
  • #4,695
  • Edited 7:13am Jan 7, 2016 6:31am | Edited 7:13am
Live EUR/USD Trade +13 PIPs

There were regular bearish divergences on both the 10 and 5 PIPs renko. I was waiting for a LL on the 2 PIPs renko, then jumped aboard when I saw the hidden Stochastic divergence.
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Invincibility lies in the defence; the possibility of victory in the attack
  • #4,696
  • Jan 7, 2016 6:56am Jan 7, 2016 6:56am
GER30+35+83+63. I was other wise engaged earlier, but this is me so far. No time for chatting pace as picked up.
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Cut your Losers short and let your Winners run.
  • #4,697
  • Jan 7, 2016 7:24am Jan 7, 2016 7:24am
[quote = dee50; 8.676.868] GER30 + 83 + 35 + 63. Mi è stato l'altro saggio fidanzata prima, ma questo è me finora. Non c'è tempo per chiacchierare ritmo raccolto. {image} [/ quote]

Amazing is not it wrong even on a 3 pip because maybe 5 or 10 today are a little slow . Compliments.
  • #4,698
  • Edited 8:25am Jan 7, 2016 7:35am | Edited 8:25am
let's see
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edit
out 1.618
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re edit
entry short PB @ 022 + target projection
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out short 1.27
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nescentia necat
  • #4,699
  • Jan 7, 2016 8:06am Jan 7, 2016 8:06am
GER30+39+28+30+19+2+50+39. OK I'm done for the day. Because I missed this mornings session and things were pretty slow I decided to scalp the 3 pip for 6 and 10 pip scalps (Not shown) too many too boring, momentum picked up with the break out above the Trend line so I stuck with the 3 pip chart, actually it has been fun, but at all times I had the 10 pip chart visible to keep an eye on the bigger picture. Don't ask lots of questions of why I did this and why I did that, work it out, you don't need to get into my mind, you need to sort your own minds out, you can not trade like ME you can only trade like "Your selves" That is the biggest mistake that 1000s of traders make here on FF, they try to trade like some one else instead of developing their own styles, developing their own mind sets. Today I really did not think about things I just followed the flow of the market so I missed some trades and took others including a bloody silly entry short which I killed seconds after entering.

On the previous chart I did not have the 9980 level marked up although I knew it was there, as I have mentioned before, the 80s are psych levels rather than solid S&R levels and some times the market reacts and some times it doesn't, no idea why. Similarly the currency pairs have levels like this as well e.g. EURUSD 80s & 20s.

Bugger it now I missed another 40 pip move, this is the problem with posting when you only have 1 monitor. Se La Vie!!
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Cut your Losers short and let your Winners run.
  • #4,700
  • Jan 7, 2016 8:13am Jan 7, 2016 8:13am
Quoting Matrix8756
[quote = dee50; 8.676.868] GER30 + 83 + 35 + 63. Mi stato l'altro saggio fidanzata prima, ma questo me finora. Non c' tempo per chiacchierare ritmo raccolto. {image} [/ quote] Amazing is not it wrong even on a 3 pip because maybe 5 or 10 today are a little slow . Compliments.
Thanks, I think!! I speak 5 languages but unfortunately Italian is not one of them.
Cut your Losers short and let your Winners run.
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