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More simple is impossible

  • #6,341
  • Mar 29, 2016 6:09am Mar 29, 2016 6:09am
Quoting dee50
{quote} Houston I think we have a problem. BBalaz's Balls have shrunk and are not large enough for a re entry!!
Invincibility lies in the defence; the possibility of victory in the attack
  • #6,342
  • Mar 29, 2016 6:28am Mar 29, 2016 6:28am
GER30+36. few more for the pot. Entry reason "should" be obvious, exit was manual but should be obvious as well, confluence of a HTF 38.2% and BRN held the price and reversed it earlier. price kissed my TP but didn't take it so rather than risk a reversal back up to 9900 I closed it.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #6,343
  • Mar 29, 2016 6:54am Mar 29, 2016 6:54am
Quoting dee50
{quote} It worked out very well, nice one
Thanks Dee. All one really needs are a few nice trades . I just saw that i missed a lot of action. My trading gets interrupted too often...
Best, Josh
  • #6,344
  • Mar 29, 2016 7:16am Mar 29, 2016 7:16am
Quoting dee50
GER30+2+27+22+2+2+49+44. Scrappy and lacking conviction, so I ran a Tight BE, it was too tight so I loosened up a bit and voila! {image}
Dee, you sure can milk those pips out of the market beautifully.

Here is a small CT trade i took. It was a div at brn on the 5, 123 formed, tp was ext 127 which was at a brn, 200 ema right above. Result +18, baby steps.
Attached Image (click to enlarge)
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  • #6,345
  • Mar 29, 2016 8:25am Mar 29, 2016 8:25am
first one was 36 pips and second 112 pips 10 renco chart
Attached Image (click to enlarge)
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  • #6,346
  • Mar 29, 2016 8:31am Mar 29, 2016 8:31am
Quoting bettervolume
first one was 36 pips and second 112 pips 10 renco chart {image}
Nice pips !
  • #6,347
  • Mar 29, 2016 8:33am Mar 29, 2016 8:33am
Quoting JoshuaHope
{quote} Nice pips !
thanx your trading is looking good too very dee like ...keep it up
  • #6,348
  • Mar 29, 2016 8:47am Mar 29, 2016 8:47am
Quoting bettervolume
{quote} thanx your trading is looking good too very dee like ...keep it up
Thanks , i still have lots and lots to learn :-)
  • #6,349
  • Mar 29, 2016 10:34am Mar 29, 2016 10:34am
its 5.30pm have to pack up and go home
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  • #6,350
  • Mar 29, 2016 11:09am Mar 29, 2016 11:09am
Hi guys, nice trading, good to see, heartwarming.

Nothing much on my front, not much time on my hands,

DAX 55 (x3) took the easy one, nice stochs div on renko10, confirmed on renko5, early exit, they went for the intraday stops but that's ok, missed it.
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Hidden in plain sight.
  • #6,351
  • Mar 29, 2016 11:16am Mar 29, 2016 11:16am
Quoting bettervolume
its 5.30pm have to pack up and go home {image}
I agree. Not much action. This is last trade for the day...now its time to review and learn. In this one i decided to push for 200 fib extension. Div setup, 1-2-3, it got to 168% and it stalled some there. I should have closed, but the 200% extension seemed as a more convincing target(to me at least because of the 200ema). However, i then decided, after noticing a hdiv forming, to push my sl to 127% so that i have some secure pips from the trade. I started to second guess my decision, in retrospect i am not sure why. It was a great setup, and i got scared off by a hdiv...
Of course, price went down to 127%, knocked me out and then went to 200%. Only 14 in the pot. C'est la vie.
I think my ballz have started to shrink too, i think i should look into buying a swedish pump. Not sure that will enlarge anything, but worth a shot.
Attached Image (click to enlarge)
Click to Enlarge Name: Ger30 + 14.png Size: 120 KB
  • #6,352
  • Mar 29, 2016 11:29am Mar 29, 2016 11:29am
GER30 +23+20+15+2+10+15+15. My respect to all of you who managed to trade the Easy Ones, for me every trade was an effort today and after every entry asking myself "Why did I just do that?" it seems that today should have been a day practising the noble art of Matrbateyon, which if you don't know, is a centuries old custom of entertainment.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M+23+20+15+2+10+15+15 290316.png Size: 59 KB
Cut your Losers short and let your Winners run.
  • #6,353
  • Mar 29, 2016 11:32am Mar 29, 2016 11:32am
3 trades today so far. -20, -20 and +2. Crap.

Comments please. What am I missing???????????????????

What other clue was there I didn't see?????????????????
Attached Image(s) (click to enlarge)
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  • #6,354
  • Mar 29, 2016 11:40am Mar 29, 2016 11:40am
Quoting dee50
GER30 +23+20+15+2+10+15+15. My respect to all of you who managed to trade the Easy Ones, for me every trade was an effort today and after every entry asking myself "Why did I just do that?" it seems that today should have been a day practising the noble art of Matrbateyon, which if you don't know, is a centuries old custom of entertainment. {image}
Respect to you Dee. Usually, when I ask myself "why did i just do that?", means that i am 90% going straight to SL. Thats why i try to find the easy ones while practicing the ancient art of - sitting on my hands.
Attached Image
  • #6,355
  • Mar 29, 2016 12:32pm Mar 29, 2016 12:32pm
Quoting cfabian
3 trades today so far. -20, -20 and +2. Crap. Comments please. What am I missing??????????????????? What other clue was there I didn't see????????????????? {image} {image}
Hey Cfabian.
I am not the most qualified to comment as i am student as well, but i would like to point out a thing or two if i may. First, i noticed that your BRN is set up "incorrectly" - on the ger30 chart, you are showing a brn every 25 pips. I dont think those levels have significance and will throw you off. Second, your chart is really difficult to read, i don't know how you spot divergences - 2 macd's with same settings and and 2 stochs with similar settings. I think you should simplify it. JMHO.
The trade on ger30 was a div, but not at a "real" brn. As far as i can see, there is nothing more to support a trend reversal there, just a divergence. No s/r level, fib, pattern to support it. Note the macd - it has gotten itself above 50 and was staying up. Also, note the action on the 10 pip chart. You just recently had a big divergence with a double bottom...the stoch cycle was motoring upwards when you were looking for a short trade. Just my 2 cents friend.
Best, Josh
  • #6,356
  • Mar 29, 2016 12:35pm Mar 29, 2016 12:35pm
Quoting cfabian
3 trades today so far. -20, -20 and +2. Crap. Comments please. What am I missing??????????????????? What other clue was there I didn't see????????????????? {image} {image}
Hi cfabian,

You have 2 MACD and 2 Stoch indicators, it seems you are paying more attention to those. I'm using 1 MACD only, and use it only to spot divergence.
Also, much more conservative entries are the ones off the 150 EMA, just follow the color change, i.e. a Renko bar closing above 150, then consider entry on the next Renko reaching same price level (after a retracement). The 1st strike entries are more risky, since the move may have already exhausted. Try to stay with the trend as long as your R/R allows you. This makes is much more comfortable for newbies (like me) to use this system. I am happy with this system since I do not pay commissions for GER30 to my broker

HTH
  • #6,357
  • Mar 29, 2016 1:48pm Mar 29, 2016 1:48pm
Quoting cfabian
3 trades today so far. -20, -20 and +2. Crap. Comments please. What am I missing??????????????????? What other clue was there I didn't see????????????????? {image} {image}
You are missing an explanation as to why you went short, might help us if we knew what you saw.!!
Cut your Losers short and let your Winners run.
  • #6,358
  • Mar 29, 2016 4:59pm Mar 29, 2016 4:59pm
Hi de50 great topic. I also trading dax, but on M1 with S/R breakought after london OPEN. 9-10 there is many times breakout and price give some pips. I would like to try your metod, could you share your indicators and template and little summary entry/exit rules ? Thanks
  • #6,359
  • Mar 30, 2016 1:52am Mar 30, 2016 1:52am
Hi Dee, I am interested too, can I please ask you to come to my house and set up the template for me and while you're at it, take a few winning trades?
Hidden in plain sight.
  • #6,360
  • Mar 30, 2016 1:54am Mar 30, 2016 1:54am
Quoting jakucha
Hi Dee, I am interested too, can I please ask you to come to my house and set up the template for me and while you're at it, take a few winning trades?
That's a good idea. You should stop by my house too.
Invincibility lies in the defence; the possibility of victory in the attack
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