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More simple is impossible

  • #6,081
  • Edited 4:35pm Mar 17, 2016 3:53pm | Edited 4:35pm
Quoting cfabian
Again, amazing results. I dont get why you started shorting from that point. It was the highest point in days, and only one small divergence was formed (at the 2b). Youe emas showed uptrend, and I would have continue looking for longs, probably until your 3rd trade where no more HH formed, and had a couple of LL. Something to keep working on. {quote}
Hey cfabian, i was wondering the same thing...i was not looking at this move when it happened, i was afk. Looking at the reasons, i think you should look at the 10 pip chart for clues why and where, not just 5. This is my noobish take on it...and considering this, this move was expected. These are some of the clues, i probably missed some...maybe one day i will be a better detective, but the key is to see it as its happening.
Edit - note that the move got exactly to 38.2 retracement of the same HTF fib...there was also some S/R there(purple). I still need to work on my S/R drawings.
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  • #6,082
  • Mar 18, 2016 2:31am Mar 18, 2016 2:31am
who can share MACD nrp_csc please?
  • #6,083
  • Mar 18, 2016 2:55am Mar 18, 2016 2:55am
Post 5355
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,084
  • Mar 18, 2016 3:41am Mar 18, 2016 3:41am
Very frustrating to trade dax , i bought at the vertical line and got stopped out at 10 pips loss when i was correct all along. Is there a way to solve this kind of situation? And i notice dax moves so fast that most of the time i cant even enter when the bar forms.
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  • #6,085
  • Mar 18, 2016 3:55am Mar 18, 2016 3:55am
Possible entries highlighted in image. Manage to take the first sell from top then kinda chickened out on the 2nd sell ( don't know what i was doing). Didnt manage to spot the 1-2-3 on the 2nd buy, my bad. O well i learn it the hard way.
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  • #6,086
  • Mar 18, 2016 4:36am Mar 18, 2016 4:36am
All well done?
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  • #6,087
  • Mar 18, 2016 7:35am Mar 18, 2016 7:35am
dax ...+23
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  • #6,088
  • Mar 18, 2016 7:37am Mar 18, 2016 7:37am
Quoting PhilippineFX
dax ...+23{image}
what are the conditions for the entry you are using ?
  • #6,089
  • Mar 18, 2016 7:39am Mar 18, 2016 7:39am
Today is boring so far, so I decided to browse through the Trading System threads just out of curiousity. I came across a Mouteki method several times. It seems to rely on PA a lot and swings, so I thought it might be a useful addition to our renko trading. My question is, did anybody study the method or have some experience with it? Is it worth exploring? I thought it might be a 'fun' weekend project.
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,090
  • Mar 18, 2016 7:40am Mar 18, 2016 7:40am
Quoting marketir
{quote} what are the conditions for the entry you are using ?
If you bothered to read back a few pages, you would already know his answer.
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,091
  • Mar 18, 2016 7:55am Mar 18, 2016 7:55am
Maybe he just arrived, his last chart was showing good study of divs.

Quoting BBalazs
{quote} If you bothered to read back a few pages, you would already know his answer.
Hidden in plain sight.
  • #6,092
  • Mar 18, 2016 7:57am Mar 18, 2016 7:57am
Quoting marketir
{quote} what are the conditions for the entry you are using ?
Price is cycling.....stochs was showing OS......also there was a fib 61.8 retracement on the last move
  • #6,093
  • Mar 18, 2016 8:00am Mar 18, 2016 8:00am
dax +8,,,,BRN did not hold
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  • #6,094
  • Mar 18, 2016 8:05am Mar 18, 2016 8:05am
Quoting jakucha
Maybe he just arrived, his last chart was showing good study of divs. {quote}
I read through the whole thread and studied the PDFs of dee's posts 3 times before I asked anything here. I think he just wants to be spoon fed. I don't intend to appear arrogant, it is just that there are people on every thread who appear out of nowhere and start asking endless questions without even bothering to read the material which is there for them to study.
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,095
  • Mar 18, 2016 8:31am Mar 18, 2016 8:31am
dax ...+17.....riding the waves
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  • #6,096
  • Mar 18, 2016 8:43am Mar 18, 2016 8:43am
I apologize for my questions, I only came to this forum, I have some knowledge of how to trade, but I'm still learning, and English is not my language, I'm sitting with a translator who translates many very funny.
I trade on EU, GU, using this strategy and divergence, which I had never used, especially in the Renko charts, and I find it difficult to pick up box size for the currency.

I would like to clarify about the divergence on Renko charts, see my screenshot and tell what divergence is defined correctly?

Thanks in advance to all who support me!
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  • #6,097
  • Mar 18, 2016 8:44am Mar 18, 2016 8:44am
Dax +1 +6 BE....There were 6 moves of 30-40 pips....the seventh was shakey and tossed me out.....Take a look at stochs and Macd
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  • #6,098
  • Mar 18, 2016 8:55am Mar 18, 2016 8:55am
Dax +9,,,,,here`s the whole conflagration on a Renco 3 line chart....kind of interesting....Easy to see the correlation between price and the 2 indies......4 clean 30-40 pip cycles.....8 moves to trade
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  • #6,099
  • Mar 18, 2016 9:21am Mar 18, 2016 9:21am
No problem mate, yes, your divergences are good. and welcome. make sure to go through the whole thread before asking questions that have already been answered to avoid being bashed. Lot of work and time but this is the way to learn, no shortcut

Quoting marketir
I apologize for my questions, I only came to this forum, I have some knowledge of how to trade, but I'm still learning, and English is not my language, I'm sitting with a translator who translates many very funny. I trade on EU, GU, using this strategy and divergence, which I had never used, especially in the Renko charts, and I find it difficult to pick up box size for the currency. I would like to clarify about the divergence on Renko charts, see my screenshot and tell what divergence is defined correctly? Thanks in advance to all who support...
Hidden in plain sight.
  • #6,100
  • Mar 18, 2016 9:27am Mar 18, 2016 9:27am
DAX + 15 +20 +42 +7 +9 +54 +59 +58

Did not have the available screen time to scalp the range like Phil did, got my bias and just waited it out, just added the last one at the bottom of consolidation. They took their time but this SR level was a tough one to crack. It can go higher from here or offer us a retrace, in either case i preferred to take the profits.

i cant explain all the entries as this is a 3pip renko chart and i was considering 3 5 and 10 at the same time. but it s the usual tech stuff and considering yesterday and this morning support areas.
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Hidden in plain sight.
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