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More simple is impossible

  • #6,181
  • Mar 21, 2016 5:09pm Mar 21, 2016 5:09pm
Quoting BBalazs
Thought I share my little baby. I opened a small 100$ account last week with the intention of taking on 4-5% risk and trying to compound my gains using the methods I learned here, thanks to the many great contributors. I have learned a lot from Dee (as most likely everybody here), so a big thanks again, you are truly a great trader and an inspiration to all of us. I am careful with the trades I take here, usually I'm done once I hit my 4% gain for the day. I don't know how long will I be able to keep it up, time will tell. So far, 5 trades, 4 wins...
Nice,,,i like this approach
  • #6,182
  • Mar 22, 2016 1:11am Mar 22, 2016 1:11am
GOLD (+15)

Quick scalp, going heavily counter-trend.

BRN + Stoch 1-2-3
Attached Image (click to enlarge)
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Invincibility lies in the defence; the possibility of victory in the attack
  • #6,183
  • Mar 22, 2016 1:18am Mar 22, 2016 1:18am
Quoting PhilippineFX
{quote} Nice,,,i like this approach
Thanks, if only I could be a scalper God like you, I might actually be able to pull it off
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,184
  • Mar 22, 2016 1:25am Mar 22, 2016 1:25am
terrorist attack in brussel...
nescentia necat
  • #6,185
  • Mar 22, 2016 1:36am Mar 22, 2016 1:36am
Quoting friska
terrorist attack in brussel...
Yep, just read it. Guess that's why DAX was tanking.
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,186
  • Mar 22, 2016 1:41am Mar 22, 2016 1:41am
Or maybe the H4 PA reacting to a brick wall at 10100 is simply resolving

We have nice support here, let's see if we can climb once more or if it's done. In the grand scheme of things, I would like to see one more leg down for indices and dax sub 8000, that would give some good opportunities for a new uptrend on high timeframes (W & M).

Quoting jakucha
it will be interesting to see if the bullls will try to fight back or this is cooked for a larger move down (much larger).
Quoting BBalazs
{quote} Yep, just read it. Guess that's why DAX was tanking.
Hidden in plain sight.
  • #6,187
  • Mar 22, 2016 1:44am Mar 22, 2016 1:44am
Quoting jakucha
Or maybe the H4 PA reacting to a brick wall at 10100 is simply resolving We have nice support here, let's see if we can climb once more or if it's done. {quote} {quote}
Nah, it's the terrorists. GOLD was skyrocketing. Whatever it is, our job is to react to PA and make a sh*tload of money
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,188
  • Mar 22, 2016 1:45am Mar 22, 2016 1:45am
eye to returns now..
nescentia necat
  • #6,189
  • Mar 22, 2016 2:03am Mar 22, 2016 2:03am
closed short pos ej
D s1+ma100 zone
nescentia necat
  • #6,190
  • Mar 22, 2016 2:08am Mar 22, 2016 2:08am
Fast moving morning. I made an error of jumping into a trade that was developing, and set my sl a bit too agressive and too fast. It got hit, exactly, and then the downtrend continued.(-5) Second, based on 10 pip chart div, and 5 chart div, i looked for an entry into the pullback/reversal, first attempt be+2, second trade took +49. I targeted BRN level with S/R, and fib 61.8 right above it. I should have been more patient with my entry, but things were moving very fast. Josh
Attached Image (click to enlarge)
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  • #6,191
  • Mar 22, 2016 2:17am Mar 22, 2016 2:17am
doubled up long gbpcad @186730
nescentia necat
  • #6,192
  • Mar 22, 2016 2:26am Mar 22, 2016 2:26am
GER30+172+127+91+40+19+2+2+2+20+2+2+15+15+20 x10.
Don't be silly, I can not remember the individual reasons for entering, I was reacting to PA and momentum.
My Bias, remember that Pin Bar from yesterday.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #6,193
  • Mar 22, 2016 2:30am Mar 22, 2016 2:30am
magnificient. in a frame, on the wall

was stuck in traffic and missed the open, could only close some shorts from yesterday and a couple opened from my phone. frustrating.

Quoting dee50
GER30+172+127+91+40+19+2+2+2+20+2+2+15+15+20 x10. Don't be silly, I can not remember the individual reasons for entering, I was reacting to PA and momentum. My Bias, remember that Pin Bar from yesterday. {image}
Hidden in plain sight.
  • #6,194
  • Mar 22, 2016 2:34am Mar 22, 2016 2:34am
Quoting dee50
GER30+172+127+91+40+19+2+2+2+20+2+2+15+15+20 x10. Don't be silly, I can not remember the individual reasons for entering, I was reacting to PA and momentum. My Bias, remember that Pin Bar from yesterday. {image}
Epic!
  • #6,195
  • Mar 22, 2016 2:34am Mar 22, 2016 2:34am
Quoting dee50
GER30+172+127+91+40+19+2+2+2+20+2+2+15+15+20 x10. Don't be silly, I can not remember the individual reasons for entering, I was reacting to PA and momentum. My Bias, remember that Pin Bar from yesterday. {image}
I'm speechless
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,196
  • Mar 22, 2016 2:38am Mar 22, 2016 2:38am
A question I have been asked in PMs

"Do you think its is okay if I only trade 1-2-3 and 2b patterns with max 10 pips stop loss (5-10% balance) and I look to stop trading at 40-50 pips a day? I realise that when i use 10 pips stop loss for pull backs on trend following, i always get whipped then it goes my direction."

Some of you have already completed this part of the course () and I thought it might be more useful for every one, if some of you could give your advice on the above, especially as this in one form or another (whats your sl where do you place it?) is the most frequently asked question on any forum.

This is not a test so please respond
Cut your Losers short and let your Winners run.
  • #6,197
  • Mar 22, 2016 2:44am Mar 22, 2016 2:44am
Quoting friska
doubled up long gbpcad @186730
out @186875 soffering with news but in profit after all
nescentia necat
  • #6,198
  • Mar 22, 2016 2:44am Mar 22, 2016 2:44am
don't ask me how I took these trades ,,,all I can say I just psych myself and everytime I think something I tell myself ...don't think that crap just remember dees words ...and the words that was going thru my mind was :'' bpc and break if a rising trendline .....just add everytime it retraces ''...these are dee50s words ...I did add but just once ...if I had followed his words to the letter I would have made that whole stretch down ........MEmorize DEE50s WORDS and you will see how your trading improves ....well at least it works for me ...thanks to the master trader dee50
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  • #6,199
  • Mar 22, 2016 2:46am Mar 22, 2016 2:46am
Quoting dee50
A question I have been asked in PMs "Do you think its is okay if I only trade 1-2-3 and 2b patterns with max 10 pips stop loss (5-10% balance) and I look to stop trading at 40-50 pips a day? I realise that when i use 10 pips stop loss for pull backs on trend following, i always get whipped then it goes my direction." Some of you have already completed this part of the course () and I thought it might be more useful for every one, if some of you could give your advice on the above, especially as this in one form or another (whats your sl where...
not an answer but a question..
'' You think that it is always proper to keep the same SL value whatever happens in the 'world'?''

damn gc rocket up 2 sec after closing my pos.
that's the rule!
nescentia necat
  • #6,200
  • Mar 22, 2016 2:51am Mar 22, 2016 2:51am
Quoting dee50
A question I have been asked in PMs "Do you think its is okay if I only trade 1-2-3 and 2b patterns with max 10 pips stop loss (5-10% balance) and I look to stop trading at 40-50 pips a day? I realise that when i use 10 pips stop loss for pull backs on trend following, i always get whipped then it goes my direction." Some of you have already completed this part of the course () and I thought it might be more useful for every one, if some of you could give your advice on the above, especially as this in one form or another (whats your sl where...
Emergency SL just above/below the previous Hi/Low......seldom hit it as i try to close manually before it is reached if PA fades
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