Dax 30....+24 
- #4,842
- Edited 12:40am Jan 14, 2016 12:30am | Edited 12:40am
- Joined Sep 2014 | Status: No permanent address | 673 Posts
Dax 30.... +20........95 pips in 25 minutes, it was not pretty. In my haste to lock in I ignored what was really happening with the Macd....could easily have been another 100 pips....market is taking a breather for the moment....so will I...
That "Young Gun" Matomi convinced me to bag the stochs for scalping so i am giving it a try....so far I am liking the clean chart..
That "Young Gun" Matomi convinced me to bag the stochs for scalping so i am giving it a try....so far I am liking the clean chart..
- #4,845
- Jan 14, 2016 1:24am Jan 14, 2016 1:24am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Dee, I imagine you are probably now sick of the questions, but I need a little help regarding the Trade Manager you were kind enough to share. Setting SL and TP settings were straightforward enough, but I'm having a hard time figuring the BE settings out. I believe that the BE & JS inputs are responsible for the BE settings. I would like to have my TM to move my SL to BE after it price moved 15 pips in my favor. How can I do that? Thanks for your help{image}
2nd one I do not use Jump stop (trailing, I think?) I set it at 50 and left it.
Cut your Losers short and let your Winners run.
- #4,846
- Jan 14, 2016 1:27am Jan 14, 2016 1:27am
{quote} 1st one needs to be set lower than your BE Target, so for 15 and a BE of zero you would set it at 14 or lower 2nd one I do not use Jump stop (trailing, I think?) I set it at 50 and left it. {image}
Invincibility lies in the defence; the possibility of victory in the attack
- #4,847
- Jan 14, 2016 1:39am Jan 14, 2016 1:39am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
We are back at the weekly trend line and 38.2% Fib and Weekly S&D zone, see what happens now, if there was a solid reason for the PA other than Market Panic, I would hazard a guess, but under these circumstances who really knows, sentiment (emotion) is leading the way, so now I wait (and scalp a little). The weekly S&D zone is 373 pips wide is there enough sentiment to push price all the way thru?
Cut your Losers short and let your Winners run.
- #4,850
- Jan 14, 2016 2:25am Jan 14, 2016 2:25am
DAX (BE, -20) Gotta love this. I had to go to the toilet after I went short on DAX. The price went 15 pips in my favor, enough to get me at BE but since I was away (for a minute), when I came back, I was underwater again. Anyway, that is why a TM is so useful, especially with renko bricks. Things can happen pretty quick. I was discouraged to go short again, thus missing the enormous collapse. Anyway, hope you guys can take away some lessons here. I am still on demo, so no harm done. {image}
- #4,851
- Jan 14, 2016 2:32am Jan 14, 2016 2:32am
{quote} There are various solutions to your problem. TM could be one, below is another suggestion
Thanks, I ordered a pack, will let you know how they are working out 
It will make trading so much easier Invincibility lies in the defence; the possibility of victory in the attack
- #4,855
- Jan 14, 2016 3:40am Jan 14, 2016 3:40am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #4,856
- Jan 14, 2016 3:45am Jan 14, 2016 3:45am
- | Joined Nov 2014 | Status: Trader | 1,189 Posts
We are back at the weekly trend line and 38.2% Fib and Weekly S&D zone, see what happens now, if there was a solid reason for the PA other than Market Panic, I would hazard a guess, but under these circumstances who really knows, sentiment (emotion) is leading the way, so now I wait (and scalp a little). The weekly S&D zone is 373 pips wide is there enough sentiment to push price all the way thru?
I remain pending the outcome chart posted #4739,
the first level, we got there, now I'm curious of how far this will push the price ...
nescentia necat
Philippine, youre bomber, absolutelly awesome trades ! 
And I am happy to see you posting results like these without Stochastic... You are great trader, but it is because PA not because indicators, I realized that, when I was quiet for month and studying your way of scalping together with Dees way. And I must admit, that your feeling for PA is extremely accurate. Hope with next and next trades I will be more accurate, too.
Today +52 pips within 30 minutes, in the picture you can see how much I need to get better accurate to my trading, but this was really my worst series of trades in last days. I was thinking about posting my charts there, because I have still a lot of deficits, but I really supporting a scalping way of "More simple is Impossible", and I think it is a way how to say to Philippine and Dee "thank you for your knowledge". So my pictures there will be more often now
And I am happy to see you posting results like these without Stochastic... You are great trader, but it is because PA not because indicators, I realized that, when I was quiet for month and studying your way of scalping together with Dees way. And I must admit, that your feeling for PA is extremely accurate. Hope with next and next trades I will be more accurate, too.Today +52 pips within 30 minutes, in the picture you can see how much I need to get better accurate to my trading, but this was really my worst series of trades in last days. I was thinking about posting my charts there, because I have still a lot of deficits, but I really supporting a scalping way of "More simple is Impossible", and I think it is a way how to say to Philippine and Dee "thank you for your knowledge". So my pictures there will be more often now
- #4,858
- Edited 4:49am Jan 14, 2016 4:32am | Edited 4:49am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Philippine, youre bomber, absolutelly awesome trades !
Will not be long now and you and Phili will be posting clean charts like this one, may the force be with you.
There are a small group of traders that trade with out charts, for real!!!
Just goes to show that all those years that I spent experimenting and investigating what works and what doesn't, were a complete waste of time.
Cut your Losers short and let your Winners run.