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  • #5,081
  • Jan 20, 2016 1:57pm Jan 20, 2016 1:57pm
Quoting jgadefelth
{quote} Because i like tp see the real numbers behind the pips won here it would be intresting, give me something to go on. For me the the pips or the winning trades are not so important as are the R:R and account grow. Do you understand what i mean ? ps. Spain haaaa i think i want to move there someday Best regards
Well, I would pick winning trades over optimal R:R every single time
Invincibility lies in the defence; the possibility of victory in the attack
  • #5,082
  • Jan 20, 2016 2:18pm Jan 20, 2016 2:18pm
You're right, I meant "safer" with BIG quotes. =)


Quoting BBalazs
{quote} Dee was being ironic Also, what do you mean by 'secure trades'?
  • #5,083
  • Jan 20, 2016 2:25pm Jan 20, 2016 2:25pm
DAX30 +13 +5 +5 +5 +10 +10

Daily target +50 pips reached.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M2.png Size: 53 KB
  • #5,084
  • Jan 20, 2016 2:26pm Jan 20, 2016 2:26pm
Some of my trades from today. I was busy at a long meeting, so could't trade more time. A total of +100. Had some very bad trades, but the good ones compensated. Still need to work big time on entering a trade with cleaner setups to prevent drawdown, but maybe more than that exiting the market quick when going against me. Had I hold these trades 15 more minutes, I would have banked another 200. It is crazy how these instruments move. Is this its nature, or is just a current market condition?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ger30-m2-forex-capital-markets.png Size: 46 KB
Click to Enlarge Name: spx500-m2-forex-capital-markets.png Size: 55 KB
  • #5,085
  • Jan 20, 2016 2:48pm Jan 20, 2016 2:48pm
Quoting PhilippineFX
{quote} All joking aside folks you are watching the master at work[Dee].....he can drop from the long game[10 renco] and scalp at will without missing a beat. When he says follow the rhythm pay attention!!!!! That`s what makes this work!!!

The man DEE50 is a real master of trading and an inspiration to all of us .I have seen traders who are good at scalping but he is good at everything .
  • #5,086
  • Jan 20, 2016 3:24pm Jan 20, 2016 3:24pm
Quoting Matomi
DAX30 +13 +5 +5 +5 +10 +10 Daily target +50 pips reached. {image}
Are you taking your entries on the 3 renko chart?
Invincibility lies in the defence; the possibility of victory in the attack
  • #5,087
  • Jan 20, 2016 3:40pm Jan 20, 2016 3:40pm
Quoting BBalazs
{quote} Are you taking your entries on the 3 renko chart?
No, I watch only 5 pips Renko
  • #5,088
  • Jan 20, 2016 3:55pm Jan 20, 2016 3:55pm
Quoting cfabian
Hello Philippine, I know everybody builds its own strategy behind trading, but yours is not that clear to me. I do like the fact that you make quick pips here and there, and to be honest I would like to develop that in my portfolio, as I am more focused in "longer" trades. It looks like fun being able to grab immediate pips while looking another longet trade to develop. Wopuld you mind giving an explanation about it? One thing that I find difficult so far is to be able to trade in both directions during the day, as generally speaking I get a bias...
It is fun but requires serious concentration.....I would like to say I was spoon fed this technique after laying down 5k for a 3 day seminar in Jamaica but it all came from 1 PM a la Dee...here it is yet again....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 635 KB


As far as the trades i did not take it comes down to the 3 renco moving too fast....while Dees humor is an aquired taste[ ]he was joking when he said "explain plz"
In an attempt to be equally witty i sent him this/ Its possible to grab all the moves but it is not sustainable. I think they call it OT or over trading.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 204 KB
  • #5,089
  • Jan 20, 2016 4:05pm Jan 20, 2016 4:05pm
Philippine, your attachment prompts an error.
If it happens to be the private message from Dee saying you must sit and observe, I have that.

What I am missing from Dee and you, is the almost perfect entries you have most of the time. I need to master that part and thus want to know your input, as in my case many times I have 30 - 40 pips DD, that I can avoid from what I see from your execution, what would be a change maker in my trading.

Best



Quoting PhilippineFX
{quote} It is fun but requires serious concentration.....I would like to say I was spoon fed this technique after laying down 5k for a 3 day seminar in Janaca but it all came from 1 PM a la Dee...here it is yet again1835275 As far as the trades i did not take it comes down to the 3 renco moving too fast....while Dees humor is an aquired taste[ ]he was joking when he said "explain plz" In an attempt to be equally witty i sent him this/ Its possible to grab all the moves but it is not sustainable. I think they call it OT or over trading.{image}...
  • #5,090
  • Jan 20, 2016 4:07pm Jan 20, 2016 4:07pm
Quoting jgadefelth
{quote} Because i like tp see the real numbers behind the pips won here it would be intresting, give me something to go on. For me the the pips or the winning trades are not so important as are the R:R and account grow. Do you understand what i mean ? ps. Spain haaaa i think i want to move there someday Best regards
R:R is the most beat up subject in trading and possibly the most useless. Master PA then combine it with high leverage and the number at the bottom right hand corner of the trade terminal will be the only one that matters
  • #5,091
  • Jan 20, 2016 4:20pm Jan 20, 2016 4:20pm
Quoting PhilippineFX
{quote} R:R is the most beat up subject in trading and possibly the most useless. Master PA then combine it with high leverage and the number at the bottom right hand corner of the trade terminal will be the only one that matters
Absolutely agree.... and close trades with X in the terminal right bottom corner, I do not use fixed TP anymore, thank you for this advice again

cfabian and for all other - it is still about that 1 PM which Philippine already posted there at least 10 times. Just observe cycles and it will start making a sence to you, as started making to Philippine, as started making to me...
  • #5,092
  • Jan 20, 2016 4:23pm Jan 20, 2016 4:23pm
Quoting cfabian
Philippine, your attachment prompts an error. If it happens to be the private message from Dee saying you must sit and observe, I have that. What I am missing from Dee and you, is the almost perfect entries you have most of the time. I need to master that part and thus want to know your input, as in my case many times I have 30 - 40 pips DD, that I can avoid from what I see from your execution, what would be a change maker in my trading. Best {quote}
i fixed the error
  • #5,093
  • Jan 20, 2016 4:24pm Jan 20, 2016 4:24pm
Quoting cfabian
Philippine, your attachment prompts an error. If it happens to be the private message from Dee saying you must sit and observe, I have that. What I am missing from Dee and you, is the almost perfect entries you have most of the time. I need to master that part and thus want to know your input, as in my case many times I have 30 - 40 pips DD, that I can avoid from what I see from your execution, what would be a change maker in my trading. Best {quote}
Stop trading and observe...for as long as it takes
  • #5,094
  • Jan 20, 2016 4:32pm Jan 20, 2016 4:32pm
Quoting Matomi
{quote} Absolutely agree.... and close trades with X in the terminal right bottom corner, I do not use fixed TP anymore, thank you for this advice again cfabian and for all other - it is still about that 1 PM which Philippine already posted there at least 10 times. Just observe cycles and it will start making a sense to you, as started making to Philippine, as started making to me...
glad to see you are using that handy little x button to close now...it take 3 seconds to close 5 positions...i set SL BE+2 and TP buy dragging the green trade line on the chart....anything more than 2 positions and she is all manual. For me a trade manager takes me out of the zone....we are all different but for the life of me if you are really only scalping a single position the robot is just another complication....nice trading Matt......you show a lot of discipline. Keep it up
  • #5,095
  • Jan 20, 2016 4:37pm Jan 20, 2016 4:37pm
Quoting dee50
{quote} Not today Josephine. You took a lot of heat on those tradesI know this goes back to your swing trading and taking heat was the accepted norm, but, if you were confident that price would turn back up, why didn,t you wait until it had turned? I'm a little baffled by that
As for TP, since I can check charts/trades only every 2 hours or so at night, I ran an EA to take profit if sum of all positions reach a certain $ amount, which in this particular case is $2,000 (200 pips).

Gap filling, Jpsehpine was happy
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-01-21 07_27_44-67 - [#Germany30,M10 (offline)].png Size: 66 KB
  • #5,096
  • Jan 20, 2016 4:59pm Jan 20, 2016 4:59pm
Quoting PhilippineFX
{quote} glad to see you are using that handy little x button to close now...it take 3 seconds to close 5 positions...i set SL BE+2 and TP buy dragging the green trade line on the chart....anything more than 2 positions and she is all manual. For me a trade manager takes me out of the zone....we are all different but for the life of me if you are really only scalping a single position the robot is just another complication....nice trading Matt......you show a lot of discipline. Keep it up
Thank you ! Every day I am checking your charts, that is what pushes me forward. Maybe it is because I know what I am looking for in your charts (not indicators)

Btw, if you want I can write to my friend, he will code Close script for all opened trades and your multiple positions will be closed at once, just by press CTRL+C. BBalazs was looking for that, too, so I can ensure it for you guys.
  • #5,097
  • Jan 20, 2016 6:23pm Jan 20, 2016 6:23pm
Quoting Matomi
{quote} Thank you ! Every day I am checking your charts, that is what pushes me forward. Maybe it is because I know what I am looking for in your charts (not indicators) Btw, if you want I can write to my friend, he will code Close script for all opened trades and your multiple positions will be closed at once, just by press CTRL+C. BBalazs was looking for that, too, so I can ensure it for you guys.
I used to use this script to close all open positions.. It's the best I found.. Other scripts usually had issues.. But try it on DEMO at first. And then decide if it's ok to use.
Attached File(s)
File Type: ex4 Close all open positions.ex4   5 KB | 266 downloads
File Type: mq4 Close all open positions.mq4   1 KB | 298 downloads
  • #5,098
  • Jan 20, 2016 11:35pm Jan 20, 2016 11:35pm
Quoting dee50
{quote} As with "ALL" correlations they are not really reliable some times they correlate and some times they do not, I personally do not make trading decisions based on them. See attached, there is a 1minute EU and the 10 pip Renko GER30, I marked the point on the EU when my TP was hit, are they correlated at the moment or not, do you look at matching time frames, or even, which time frames do you watch? The second set of charts are a few minutes later. You will have to decide for your self.! Just to add to the confusion, here is a 3rd set, EU...
I knew you would come up with a smart explanation.
Thank-you for your continual support to the group.
  • #5,099
  • Jan 21, 2016 1:27am Jan 21, 2016 1:27am
dax 30,,,,,,....... +5x 20
This was easy....just turned on the computer to see the cycle down-trending nicely....took the bounce off the BRN with the macd fully gassed out
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 56 KB
  • #5,100
  • Jan 21, 2016 1:31am Jan 21, 2016 1:31am
Bit of cation now with HTF fib a possible reversal...or not
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 59 KB
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