DislikedGood morning peeps. Wishing you all a good week. Mine started ok indeed. DAX +36 +24 -2 +39 +22 +15 +76 +90 = +300 Still biased long for now as stated end of last week so no shorts for me this morning although div on renko5 gave a few, some long entries were a bit early in order to not miss out on the breakout but position size is not big so I can handle mild drawdown with SL below strong demand level just in case. Then it went full retard and gave me the daily profits in less than one hour. Still some room up will continue monitoring it but can...Ignored
- #6,145
- Mar 21, 2016 5:28am Mar 21, 2016 5:28am
- Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,716 Posts
I started the day with Renko 5 but there was no notable RD to go counter and no strong basis for a continuation so I switched to Renko 2 to see and there it was ample opportunities.
I set a trap for PA to go counter but I must have been distracted by the slow network this morning was losing and regaining connection, it seemed price would resume the drop but it did not so I bailed out at 3.5
The network connection had better improve! I had a better deal where I was staying before just can't move back
I set a trap for PA to go counter but I must have been distracted by the slow network this morning was losing and regaining connection, it seemed price would resume the drop but it did not so I bailed out at 3.5
The network connection had better improve! I had a better deal where I was staying before just can't move back
Let it turn and find your entry.
- #6,147
- Mar 21, 2016 5:39am Mar 21, 2016 5:39am
- Joined Sep 2014 | Status: No permanent address | 673 Posts
Good morning peeps. Wishing you all a good week. Mine started ok indeed. DAX +36 +24 -2 +39 +22 +15 +76 +90 = +300 Still biased long for now as stated end of last week so no shorts for me this morning although div on renko5 gave a few, some long entries were a bit early in order to not miss out on the breakout but position size is not big so I can handle mild drawdown with SL below strong demand level just in case. Then it went full retard and gave me the daily profits in less than one hour. Still some room up will continue monitoring it but can...
....beside the huge pip tally you have coined a new trading term...FR, short for Full Retard....
- #6,148
- Mar 21, 2016 5:47am Mar 21, 2016 5:47am
Did not invent it though
Look for the longer version of it, it's funny.
Look for the longer version of it, it's funny.
Inserted Video
{quote} Well done...
Hidden in plain sight.
- #6,149
- Mar 21, 2016 6:33am Mar 21, 2016 6:33am
- Joined Aug 2011 | Status: Mos P from Cape to Cairo | 2,716 Posts
Let it turn and find your entry.
- #6,150
- Mar 21, 2016 6:38am Mar 21, 2016 6:38am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
GER30+86+75+46+35+5. How to milk the cash cow. Now if I could just get the Money Tree to grow, life would be much easier, I suppose the alternative is to become a Central Bank.
OH! Before any one asks, Divergence on the 10 pip kicked this lot off, it then broke thru a rising trendline to confirm the reversal after that it was just keep adding until you run out of pullbacks. Last trade I should have closed with the rest of them but I got cocky and thought I would leave it as a potential runner, I paid the price by giving back 16 pips
OH! Before any one asks, Divergence on the 10 pip kicked this lot off, it then broke thru a rising trendline to confirm the reversal after that it was just keep adding until you run out of pullbacks. Last trade I should have closed with the rest of them but I got cocky and thought I would leave it as a potential runner, I paid the price by giving back 16 pips
Cut your Losers short and let your Winners run.
- #6,151
- Mar 21, 2016 6:41am Mar 21, 2016 6:41am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
DAX +36 +24 -2 +39 +22 +15 +76 +90 = +300 {image}
Cut your Losers short and let your Winners run.
GER30+86+75+46+35+5. How to milk the cash cow. Now if I could just get the Money Tree to grow, life would be much easier, I suppose the alternative is to become a Central Bank. OH! Before any one asks, Divergence on the 10 pip kicked this lot off, it then broke thru a rising trendline to confirm the reversal after that it was just keep adding until you run out of pullbacks. Last trade I should have closed with the rest of them but I got cocky and thought I would leave it as a potential runner, I paid the price by giving back 16 pips
! I missed the whole move as i was replacing the brakes on a 10 year old Nissan. 
- #6,154
- Mar 21, 2016 6:52am Mar 21, 2016 6:52am
I am humbled but I owe a lot to this thread and you dee.
I spotted (and posted, and traded) the Renko10 div but did not get enough out of it sadly.
I spotted (and posted, and traded) the Renko10 div but did not get enough out of it sadly.
{quote}The king is dead, long live the king
Hidden in plain sight.
And this is the part where i feel like a chump...but serves me right. I should have used more than one contract, then hit the 10000 brn for one to secure pips, then let the other sink down to 200ema on the 10 pip chart
...but then again, pips are pips.
edit - for some reason, i thought the BRN 10000 would probably be more of a resistance. Result +15.
...but then again, pips are pips.edit - for some reason, i thought the BRN 10000 would probably be more of a resistance. Result +15.
