More simple is impossible | Page 385 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

More easy is impossible 17 replies

long-run profits impossible with short-term trading? 39 replies

Attachments: More simple is impossible
Exit Attachments

More simple is impossible

  • #7,681
  • Sep 27, 2016 4:10am Sep 27, 2016 4:10am
Dax +86....correction this downtrend has been going on for 5 days.....ABCD/123.......f%$# the fancy indies....re-read the first 10 pages of this thread before it was crushed and died under the weight of over complications and egos...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 61 KB
  • #7,682
  • Sep 27, 2016 4:47am Sep 27, 2016 4:47am
Glad to see you still kickin' ass Philippine!

The last few weeks were pretty good, I am trying to go with the flow and step aside when price is ranging. Thanks to you, I mostly do that by reading price structure.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M4.png Size: 40 KB
Invincibility lies in the defence; the possibility of victory in the attack
  • #7,683
  • Sep 27, 2016 8:28am Sep 27, 2016 8:28am
WOW , nice to see you all again here.
Still reading thread ( I am around the sad part, page 345 ) I was worried about being late to join the party.
Meanwhile I keep practicing and looking charts.
A bit scared to go real so I will try a bit more on demo till get confidence. How different are the charts moving than pics !!!
Today I jumped in almost the same point than Phill ( two pullbacks ahead ) so it is a good moral injection to me :-)
Working in safe entries yet.
  • #7,684
  • Sep 27, 2016 9:02am Sep 27, 2016 9:02am
Quoting PhilippineFX
Dax +86....correction this downtrend has been going on for 5 days.....ABCD/123.......f%$# the fancy indies....re-read the first 10 pages of this thread before it was crushed and died under the weight of over complications and egos...{image}{image}
Hi Philippine!
Very good to see some trades from you again, learn a lot from your charts! Have seen the gap, tought that they will close it, BUT... closed again too early, but its ok, pips are pips!
Attached Image (click to enlarge)
Click to Enlarge Name: ger30-m4-pepperstone-group-limited-4.png Size: 29 KB
  • #7,685
  • Sep 27, 2016 9:04am Sep 27, 2016 9:04am
Quoting erkro
{quote} Hi Philippine! Very good to see some trades from you again, learn a lot from your charts! Have seen the gap, tought that they will close it, BUT... closed again too early, but its ok, pips are pips! {image}
And again...... closed to early
Attached Image (click to enlarge)
Click to Enlarge Name: ger30-m4-pepperstone-group-limited-3.png Size: 27 KB
  • #7,686
  • Sep 27, 2016 12:34pm Sep 27, 2016 12:34pm
Quoting PhilippineFX
Dax +86....correction this downtrend has been going on for 5 days.....ABCD/123.......f%$# the fancy indies....re-read the first 10 pages of this thread before it was crushed and died under the weight of over complications and egos...{image}{image}

Hello Phill,
What broker you use?
Look at my live chart from FXCM and is more choppy.
Attached Image (click to enlarge)
Click to Enlarge Name: ger30-m2-forex-capital-markets-2.png Size: 47 KB
  • #7,687
  • Sep 27, 2016 12:37pm Sep 27, 2016 12:37pm
Quoting BBalazs
Glad to see you still kickin' ass Philippine! The last few weeks were pretty good, I am trying to go with the flow and step aside when price is ranging. Thanks to you, I mostly do that by reading price structure. {image}

Why you decided to go with Range Bars? I've been looking at them and like them. But what is your rationale to drop renko and trade this way?
  • #7,688
  • Sep 27, 2016 2:07pm Sep 27, 2016 2:07pm
Quoting cfabian
{quote} Why you decided to go with Range Bars? I've been looking at them and like them. But what is your rationale to drop renko and trade this way?
I don't really know. I guess Renko was a bit too smooth for my taste. Both works as long as you go with the flow (avoid ranging markets) and shoot for more than 2:1 R:R.
Invincibility lies in the defence; the possibility of victory in the attack
  • #7,689
  • Sep 27, 2016 2:51pm Sep 27, 2016 2:51pm
Glad to see thread getting live again Everyday following your posts guys, and even if I did not want to write it - in near future (I hope 2-3 weeks) I will be back on my real account, just in this moment I am re-reading the attached PDFs with Dees posts. 1 PDF a day, again obessed by trading :nerd:

One very important point I have to mention - only after 3/4 year of studying on my own I can see what Dee style is about, now I can understand the idea. It is difficult to explain, but I think its about "You have to pass through all the nonsense, overcomplicated approaches to find a simplicity"

at least in my case...

See you soon mates !
  • #7,690
  • Sep 27, 2016 3:52pm Sep 27, 2016 3:52pm
Quoting cfabian
{quote} Hello Phill, What broker you use? Look at my live chart from FXCM and is more choppy. {image}
I use Pepperstone....good to see you here as well...
  • #7,691
  • Sep 27, 2016 3:54pm Sep 27, 2016 3:54pm
Quoting erkro
{quote} And again...... closed to early {image}
looks damn good to me....
  • #7,692
  • Sep 28, 2016 2:22am Sep 28, 2016 2:22am
Dax +49......it was the third leg up on what is becoming a trend a trend reversal. I took this trade on the overnight gap fill in line with the new trend and it quickly grew legs...Just to be clear i do not automatically trade the gap fill...it has to show intent before i commit.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 64 KB
  • #7,693
  • Sep 28, 2016 3:10am Sep 28, 2016 3:10am
Dax....+33, +39
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB
  • #7,694
  • Sep 28, 2016 3:26am Sep 28, 2016 3:26am
Just in an hour, the DAX already exceeded it's 10 days ADR.
Invincibility lies in the defence; the possibility of victory in the attack
  • #7,695
  • Sep 28, 2016 3:32am Sep 28, 2016 3:32am
Quoting BBalazs
Just in an hour, the DAX already exceeded it's 10 days ADR.
nice moves the past few days
  • #7,696
  • Sep 28, 2016 3:35am Sep 28, 2016 3:35am
Quoting PhilippineFX
{quote} nice moves the past few days
Yeah, just when you get used to the slow pace, things get crazy
Invincibility lies in the defence; the possibility of victory in the attack
  • #7,697
  • Sep 28, 2016 8:01am Sep 28, 2016 8:01am
Quoting PhilippineFX
{quote} looks damn good to me....
Thanks!
  • #7,698
  • Sep 28, 2016 1:28pm Sep 28, 2016 1:28pm
Nice trades Phill... as always

My only 2 trades from the day... one SL, and the other recovered the loss + small profit. Took profits there as started to retrace, and my ultimate goal was to recover my loss, but look how big was the profit potential.
Attached Image (click to enlarge)
Click to Enlarge Name: us30-m2-forex-capital-markets.png Size: 42 KB
  • #7,699
  • Sep 28, 2016 2:08pm Sep 28, 2016 2:08pm
Quoting cfabian
Nice trades Phill... as always My only 2 trades from the day... one SL, and the other recovered the loss + small profit. Took profits there as started to retrace, and my ultimate goal was to recover my loss, but look how big was the profit potential. {image}
Hi cfabian,

I am still very much learning here but one thing I have picked up is not to try and pick Tops or Bottoms and your losing trade very much looked like a sort of a top. also I see you have a MA on your chart. I also use a colored EMA and I try not to trade against my EMA.

Just my thoughts as I don't know all the reasons why you took that trade or what your trading rules are......so my comments may not be applicable.

Your 2nd trade is much more to my liking as it more in the direction of the trend as per the HH,HL etc. way of looking at it.

Cheers
  • #7,700
  • Sep 28, 2016 5:43pm Sep 28, 2016 5:43pm
Quoting cfabian
Nice trades Phill... as always My only 2 trades from the day... one SL, and the other recovered the loss + small profit. Took profits there as started to retrace, and my ultimate goal was to recover my loss, but look how big was the profit potential. {image}
I would look at the end result as a good trade .....you recognized the mistake and changed your bias in a heartbeat....ending up in the black. These screen shots are one dimensional but the mental gymnastics you preformed to salvage this were very much 3D'''
''Leaving our ego outside the room we trade in is one of the necessary traits needed to succeed here...
7 traders viewing now