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More simple is impossible

  • #8,541
  • Mar 15, 2017 2:37am Mar 15, 2017 2:37am
Yesss...I agree with you.

but I see people here with warrior-like attitude, trading as long as dax opens, no matter what

Am I envious? Definitely.
Good methods should work out in any trading situations.

But currently my fear, cause of not so profitable past is holding me back.
I can't tell if this is an unhealthy fear or just a self-preservation.

I am thankful, seniors here, share their observations of the market freely
  • #8,542
  • Mar 15, 2017 3:20am Mar 15, 2017 3:20am
Said I was gonna hold back from trading this early session...but I couldn't hold myself from acting on this set up.

123, OP, weekly pivot...renko10

entry renko3 at pullback.

Regrettably, I didn't hold until fruition of at least double top of renko10, again

I should be thankful I got the courage to act on a set up, on days I usually stay away from.
Baby steps
Attached Image (click to enlarge)
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  • #8,543
  • Mar 15, 2017 4:37am Mar 15, 2017 4:37am
GER30+20+20. Couldnīt find a way in on the move up, but price stopped just under the HTF 61.8% with a Divergence and then Dbl Topped + Divergence so I had to have a go, added on the BE of short term SR for a BPC, TP BRN for the first, put the second at the bottom of the OR, price kissed me so I chased back looking for those succulent lips caught her at 20. Done for the day, unless some thing dramatic happens.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+20+20 150317.png Size: 42 KB
Cut your Losers short and let your Winners run.
  • #8,544
  • Mar 15, 2017 4:51am Mar 15, 2017 4:51am
Good work Dee. I took 21 off same area...

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  • #8,545
  • Mar 15, 2017 2:03pm Mar 15, 2017 2:03pm
i normally just lurk around but wanna thank you guys esp dee50 for sharing your trades. helped me improve a tonne.

keep em coming!
  • #8,546
  • Mar 16, 2017 3:53am Mar 16, 2017 3:53am
+7 +10

gap up, move fast up...flatlining renko10 stoch...looking to pullback to weekly R1, or 23.6% fibs retracement.

entry by renko3 fibs 50% ret.

I've gotten bolder to hold in the case of double bottom to previous ret.

Next time will manage entry by taking partial off and hold to at least weekly R1.

Some of you might be tired of hearing this...but I really, really thank all of you for showing me this method of trading.

I'm trading much calmer because I see less of the noise in the market.

Good blessings to you all!
Attached Image (click to enlarge)
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  • #8,547
  • Mar 16, 2017 6:02am Mar 16, 2017 6:02am
+4

signal by renko10 retracement at weekly R1, fibs, and hidden div
entry by renko3 fibs retracement + weekly R1 and triple hidden div + div

Exit was pitiful, though
I need to toughen up.
Attached Image (click to enlarge)
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  • #8,548
  • Mar 16, 2017 7:47am Mar 16, 2017 7:47am
GER30+32+45+28+10+2. Only shorts. Simple trendline breaks. Last couple of trades just wanted to squeeze out some extra pips, one worked for +10 but the other went for a BE+2. I was looking for the GAP fill, didnīt make it this time.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+32+45+28+10+2 160317.png Size: 43 KB
Cut your Losers short and let your Winners run.
  • #8,549
  • Mar 16, 2017 7:52am Mar 16, 2017 7:52am
Quoting WootWoot
i normally just lurk around but wanna thank you guys esp dee50 for sharing your trades. helped me improve a tonne. keep em coming!
Your are welcome. Glad to hear that it is helping.
Cut your Losers short and let your Winners run.
  • #8,550
  • Mar 16, 2017 7:58am Mar 16, 2017 7:58am
Quoting PappaJack
+4 signal by renko10 retracement at weekly R1, fibs, and hidden div entry by renko3 fibs retracement + weekly R1 and triple hidden div + div Exit was pitiful, though I need to toughen up. {image}
Bit by bit. It took me years to learn to pick my targets and not micro manage, it comes with practice. Nobody teaches exits every one concentrates on entries but you have to learn to exit as well.
Cut your Losers short and let your Winners run.
  • #8,551
  • Mar 16, 2017 8:10am Mar 16, 2017 8:10am
Quoting dee50
{quote} Bit by bit. It took me years to learn to pick my targets and not micro manage, it comes with practice. Nobody teaches exits every one concentrates on entries but you have to learn to exit as well.
So true...i have come to the conclusion that entry is only 30% of the battle.....the remaining 70% is managing the trade in a logical manor....Hard to do when the heat is on....but with time it improves...
  • #8,552
  • Mar 16, 2017 8:51am Mar 16, 2017 8:51am
GER30+14+14. Final Gap Fill. Now I am done.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #8,553
  • Edited 11:47am Mar 16, 2017 10:24am | Edited 11:47am
GER30+28+27. Definitely my last. entry was obvious, 2B at S&R with Div on both stochs and MACD, Target was the BRN but it looks like it is being held up at the HTF 50 EMA, so it will probably make it but I am not going to hold just for a few pips more.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+28+27.png Size: 42 KB
Cut your Losers short and let your Winners run.
  • #8,554
  • Mar 16, 2017 11:42am Mar 16, 2017 11:42am
GER30 +10+12. Donīt look a gift horse in the mouth. Tomorrow the DAX could have the Creeping Sickness again.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+10+12.png Size: 44 KB
Cut your Losers short and let your Winners run.
  • #8,555
  • Mar 16, 2017 2:58pm Mar 16, 2017 2:58pm
HELLO DEE nice to have u back ....what is the chart above ...a 3 range or 5 range chart .Also can u show me where do u get that red horizontal line from
  • #8,556
  • Mar 17, 2017 5:48am Mar 17, 2017 5:48am
Quoting bettervolume
HELLO DEE nice to have u back ....what is the chart above ...a 3 range or 5 range chart .Also can u show me where do u get that red horizontal line from
Hello BV. 5 range. The line is the daily open. Found here. https://www.forexfactory.com/attachm...mentid=2169423.

I set it to TFBar =1440. NumberofBar = 1
Cut your Losers short and let your Winners run.
  • #8,557
  • Mar 17, 2017 5:54am Mar 17, 2017 5:54am
GER30 +17+34+23+2. 61.8% + Div @ S&R kicked things off, took profit at the 50% to put some pips in the pot and started adding lots as it looked like a gap fill move which, sodīs law, is moving much further, canīt win them all
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+17+34+23+2 170317.png Size: 46 KB
Cut your Losers short and let your Winners run.
  • #8,558
  • Mar 17, 2017 6:23am Mar 17, 2017 6:23am
Quoting billv
Added 61.8% fib levels, they are labeled as NEXT PULLBACK This version is also showing price {file}
Dont undderstand anything of your indi
  • #8,559
  • Mar 17, 2017 6:23am Mar 17, 2017 6:23am
Good to see u making profit

I missed my chance with renko3 long at the pullback near OP.

It looks like a hidden div, but upon a closer look...they are EXACTLY the same number to the decimals.

Should've listened to my guts...but I rather miss opportunities rather than risking losses trading unknown variables. But damn, this method rocks

Anyway, what is the "rules" on higher LH with the oscillator at the exact same number? Can it be considered hidden dev as well?
  • #8,560
  • Mar 17, 2017 6:37am Mar 17, 2017 6:37am
Quoting PappaJack
Good to see u making profit I missed my chance with renko3 long at the pullback near OP. It looks like a hidden div, but upon a closer look...they are EXACTLY the same number to the decimals. Should've listened to my guts...but I rather miss opportunities rather than risking losses trading unknown variables. But damn, this method rocks Anyway, what is the "rules" on higher LH with the oscillator at the exact same number? Can it be considered hidden dev as well?
HUH!! Post a chart showing what you mean because I donīt get what you are saying, probably because I am an illegal immigrant or will be after Brexit.
Cut your Losers short and let your Winners run.
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