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More simple is impossible

  • #5,621
  • Feb 25, 2016 7:09am Feb 25, 2016 7:09am
Hello (first sorry for my bad english im french), fabulous thread, thanks jaquemate!

I study the renko box setting and in my opinion the best setting is the 1000 ATR of japanese candle, exemple in dax M5:

1000 ATR candles its 13, i set the renko box size to 13 with ichimoku and traders dynamic index is beautiful.
Attached Image(s) (click to enlarge)
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  • #5,622
  • Feb 25, 2016 8:17am Feb 25, 2016 8:17am
GER30. +13+20+51. This is hard work today.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #5,623
  • Feb 25, 2016 8:55am Feb 25, 2016 8:55am
GER30+32. Quick CT off Divergence at BRN. Now I'm waiting to see what the next one will be.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #5,624
  • Feb 25, 2016 9:04am Feb 25, 2016 9:04am
GER30 BE+2 ongoing. Back in again, I will try and let this run.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 BE+2 ongoing 250216.png Size: 38 KB
Cut your Losers short and let your Winners run.
  • #5,625
  • Feb 25, 2016 9:23am Feb 25, 2016 9:23am
GER30 Just +20. What did I say, "I will try and let this run"
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+20 250216.png Size: 35 KB
Cut your Losers short and let your Winners run.
  • #5,626
  • Feb 25, 2016 10:17am Feb 25, 2016 10:17am
GER30 +30 +ongoing. Last one for me. CU all next week, assuming that any one else is still trading here.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+30 +ongoing 250216.png Size: 36 KB
Cut your Losers short and let your Winners run.
  • #5,627
  • Feb 25, 2016 10:35am Feb 25, 2016 10:35am
GER30+58. Multiple bounces on BRN and Divergence, time to close and sure enough, big pull back would have hit my SL, it was not worth holding for 14 pips only to give 30 back.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+58 250216.png Size: 36 KB
Cut your Losers short and let your Winners run.
  • #5,628
  • Edited 1:55pm Feb 25, 2016 1:23pm | Edited 1:55pm
Quoting dee50
GER30 Just +20. What did I say, "I will try and let this run" {image}
Dee, I am not sure i understand the sell trade you took here for 20. You had a large hidden divergence and a small div at a brn. So, if a div fails, it means that the trend has more fuel? Pardon my ignorance, but I am trying to understand better. Thank you.

Edit - Also, for the previous sell trade after the divergence, why did you not enter after the first red bar closed under the ma? Both stochastic and macd were in the red at that point.
Best, Josh
  • #5,629
  • Feb 25, 2016 1:59pm Feb 25, 2016 1:59pm
Hi all I've been MIA for a while, I wanna try and get to speed with dee50's posts, I got on a very fast start but started trying out a lot of stuff.
For now I want to major on GBPJPY with 8 pips brick size GBPJPY has =200 ADR (5 days) so catching 50+ net daily would not be too difficult.
Attached Image (click to enlarge)
Click to Enlarge Name: RENKO 20.png Size: 70 KB
Let it turn and find your entry.
  • #5,630
  • Feb 26, 2016 11:45am Feb 26, 2016 11:45am
DAX30 +25 -5 -5 -5 +8 +55, about month out of trading, I spend lot of time in our family company and it will be far worse in new coming days. Haha, those 3x-5 trades were so stupid mistakes , I zoomed out a chart little bit and there was a huge trend line on M1 chart and BRN 9450, too, so the bigger pullback there was more than obvious...
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GER30M1.png Size: 53 KB
  • #5,631
  • Feb 26, 2016 11:47am Feb 26, 2016 11:47am
Quoting Matomi
DAX30 +25 -5 -5 -5 +8 +55, about month out of trading, I spend lot of time in our family company and it will be far worse in new coming days. Haha, those 3x-5 trades were so stupid mistakes , I zoomed out a chart little bit and there was a huge trend line on M1 chart and BRN 9450, too, so the bigger pullback there was more than obvious... {image} {image}
glad to see you back mate!
nescentia necat
  • #5,632
  • Feb 26, 2016 4:09pm Feb 26, 2016 4:09pm
This week was a terrible week for me. I broke all the rules and paid for the consecuences. It is a shame to post my trades attempts so won't do so. I was doing well for some weeks until this crap. Will go back to dee's posts and start over again.

Have a great weekend all.
  • #5,633
  • Feb 26, 2016 6:37pm Feb 26, 2016 6:37pm
Quoting friska
{quote} glad to see you back mate!
Thank you and still watching your charts like :nerd:

Cfabian - That is absolutelly OK and normal in traders life, I have blown part of my Real account 2x till now, first time 50%, second time 20% and I was off a couple of days, but if the trading is really what you want to do, always you will come back and log in to your terminal
  • #5,634
  • Feb 27, 2016 4:07am Feb 27, 2016 4:07am
Quoting cfabian
This week was a terrible week for me. I broke all the rules and paid for the consecuences. It is a shame to post my trades attempts so won't do so. I was doing well for some weeks until this crap. Will go back to dee's posts and start over again. Have a great weekend all.
Cfabian, sorry to hear that. What is important that you understand the error for each fail trade, otherwise you will likely repeat it. Also, in my humble opinion, you should keep a journal of trades, good and bad. I take screen shots after the day is over, review the chart, mark my trades and do my best to learn from it, possibly write a few notes about my trade logic and what i was thinking.
Have a good weekend, Josh
  • #5,635
  • Feb 28, 2016 3:17am Feb 28, 2016 3:17am
Quoting cfabian
This week was a terrible week for me. I broke all the rules and paid for the consecuences. It is a shame to post my trades attempts so won't do so. I was doing well for some weeks until this crap. Will go back to dee's posts and start over again. Have a great weekend all.
the road is still long for all of us. we learn from our mistakes. share and listen to more experienced people, and we look with our vision what we want fairer. mishaps happen, a stimulus to improve and correct ourselves constantly. in full agreement with what said by matomi and joshua. never give up,.. encouraged by wanting to do better, do our homework.
(I must admit that the past week for me has been quite challenging in terms of analysis)..

hope you best trade mate!
nescentia necat
  • #5,636
  • Feb 28, 2016 3:34am Feb 28, 2016 3:34am
some homework...
dax and ej
opinions, as always, are more than welcome

dax D
dwn channel, break not confirmed yet, bear hdiv
Attached Image (click to enlarge)
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4h confirm @dble top
Attached Image (click to enlarge)
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5m first maj tl break
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ej short oppurtunity if bear hdiv confirmed,
in this case, for me, adding short position
4h
Attached Image (click to enlarge)
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nescentia necat
  • #5,637
  • Feb 28, 2016 5:59am Feb 28, 2016 5:59am
Quoting JoshuaHope
{quote} Dee, I am not sure i understand the sell trade you took here for 20. You had a large hidden divergence and a small div at a brn. So, if a div fails, it means that the trend has more fuel?
You answered your own question.
Pardon my ignorance, but I am trying to understand better. Thank you. Edit - Also, for the previous sell trade after the divergence, why did you not enter after the first red bar closed under the ma? Both stochastic and macd were in the red at that point. Best, Josh
Chart answers your questions.
Attached Image (click to enlarge)
Click to Enlarge Name: Joshua response.png Size: 74 KB
Cut your Losers short and let your Winners run.
  • #5,638
  • Feb 28, 2016 6:00am Feb 28, 2016 6:00am
Quoting friska
some homework... dax and ej opinions, as always, are more than welcome dax D dwn channel, break not confirmed yet, bear hdiv {image} 4h confirm @dble top {image} 5m first maj tl break {image} ej short oppurtunity if bear hdiv confirmed, in this case, for me, adding short position 4h {image}
Priceless as always, thank you.
Cut your Losers short and let your Winners run.
  • #5,639
  • Feb 28, 2016 6:24am Feb 28, 2016 6:24am
Quoting dee50
{quote} Priceless as always, thank you.
It's my pleasure!
have the opportunity to reciprocate with something useful (or hopes to be..)
nescentia necat
  • #5,640
  • Feb 28, 2016 4:23pm Feb 28, 2016 4:23pm
Quoting dee50
{quote} Chart answers your questions. {image}
Thank you Dee. :-)
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