Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

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

SIMPLE EA for a simple method needed!! 1 reply

Attachments: More simple is impossible
Exit Attachments

More simple is impossible

Quoting dee50
GER30 +44 This is possibly my last one this week. {image}
is it range bar chart? why not renko? you have discarded it now mate? for what reason
patience is a virtue
Guys, may I ask you what broker you use to trade the DAX? I spent the last few hours reading reviews all over the interwebs and they all seem to be horrible in one way or the other...

Thank you
Quoting dee50
{quote} Out of curiosity Stelah, did you test the 123 formation as we use it here?
hey dee, see attached. same goes for longs of course.
It is very important that the low of the last move higher gets taken out, before the pullback. a trendline break without taking out the last low will put the odds against a short. to be specific a lower high will only form with ~40% in those cases. (instead of 58%!)

keep in mind though, this analysis is quite rudimentary. i do not consider price action whatsoever or fib retracement levels etc.
Attached Image (click to enlarge)
Click to Enlarge Name: 123 stats.png Size: 13 KB
GER30+0+3+22+13+10+10. Very bitty, unsurprisingly. Without multiple lots pip total would be crap.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+0+3+22+13+10+10 190517.png Size: 45 KB
Cut your Losers short and let your Winners run.
Quoting Stelah
{quote} hey dee, see attached. same goes for longs of course. It is very important that the low of the last move higher gets taken out, before the pullback. a trendline break without taking out the last low will put the odds against a short. to be specific a lower high will only form with ~40% in those cases. (instead of 58%!) keep in mind though, this analysis is quite rudimentary. i do not consider price action whatsoever or fib retracement levels etc. {image}
Thanks Stelah, interesting.
Have you looked at this Bulkowski's Pattern Review 5 scroll down to "Measured Move Down" and "Up" This is his equivalent to our 123, his 123 is a little confusing, but he rates the Measured Move Pattern as completing 83% in a Bull market and 93% in a Bear market.
Cut your Losers short and let your Winners run.
Quoting Broke
Guys, may I ask you what broker you use to trade the DAX? I spent the last few hours reading reviews all over the interwebs and they all seem to be horrible in one way or the other... Thank you
Pepperstone.
Cut your Losers short and let your Winners run.
Quoting blueseahorse
{quote} is it range bar chart? why not renko? you have discarded it now mate? for what reason
because DAX has had such a small range of movement for the last few months, I wanted to see more "noise" and I have got to like Range Bars so I have stuck with them, in the end it is what you want to trade with.
Cut your Losers short and let your Winners run.
Know your Tools!! How many of you know any thing about the indicators you are using? HUH! whatŽs that you say, "You think they look pretty" exactly my point, you might be surprised to find out that indicators do more than what it says on the pack.
Attached File(s)
File Type: pdf The 3 Secrets to Trading Momentum Indicators Pt1 & Pt2.pdf   597 KB | 1,353 downloads
File Type: pdf The 3 Secrets to Trading Momentum Indicators pt3.pdf   2.7 MB | 2,324 downloads
Cut your Losers short and let your Winners run.
Quoting dee50
GER30+0+3+22+13+10+10. Very bitty, unsurprisingly. Without multiple lots pip total would be crap. {image}
Hi Dee,

How do you get the Stoch & Macd to overlap on same window?

Cheers...Des
Quoting Broke
Guys, may I ask you what broker you use to trade the DAX? I spent the last few hours reading reviews all over the interwebs and they all seem to be horrible in one way or the other... Thank you
Pepperstone
Dax +13 +12 +10 +9
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 66 KB
Quoting des_b
{quote} Hi Dee, How do you get the Stoch & Macd to overlap on same window? Cheers...Des
drag the indicator from within "navigator" and drop directly on top of the existing indicator window.
To put stochastic on top of MACD. open macd on chart as normal, then go to "View" - Navigator. Then open Indicators, open Oscillators, find Stochastics, Drag and Drop Stochastics directly on top of MACD.
Cut your Losers short and let your Winners run.
+23,0,-2,+12,-1,0,0+33,+19,L ongoing

Crapy market today.Market cheated me few times today.Without trend is fight against the windmills.
Attached Image (click to enlarge)
Click to Enlarge Name: 19,05.JPG Size: 205 KB
Quoting Parr
+23,0,-2,+12,-1,0,0+33,+19,L ongoing Crapy market today.Market cheated me few times today.Without trend is fight against the windmills. {image}
Hi Parr, what is that channel indicator you are using?
Life is like a snickers, its full of nuts!
It's TMAx6 .You have to find it in this topic.Dee attached it.
Quoting dee50
{quote} Pepperstone.
Quoting PhilippineFX
{quote} Pepperstone
Thanks... they look pretty decent. Unfortunately they are telling me: For regulatory reasons we are not presently accepting clients from the UK or EEA region.

WTF...
Quoting Broke
{quote} {quote} Thanks... they look pretty decent. Unfortunately they are telling me: For regulatory reasons we are not presently accepting clients from the UK or EEA region. WTF...
ADS securities (London) then.;]
Quoting Broke
{quote} {quote} Thanks... they look pretty decent. Unfortunately they are telling me: For regulatory reasons we are not presently accepting clients from the UK or EEA region. WTF...
they tossed canada too
GER30 +1+9+6+9. I could have stayed in bed. Avoid losers in this sort of market because it will be a bitch to get them back. a little bit often is the best tactic today. Just a minute, I have to go out and kill that bloody sparrow that has built a nest in a neighbors roof and is sitting there repeating the same note over and over and over again, trying to attract a mate, IŽll give it mate, if was not my neighbors roof I would give it both barrels of number 9 shot!!!
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 +1+9+6+9 190517.png Size: 41 KB
Cut your Losers short and let your Winners run.
GER30 +19+1+33+10. Possibilities abound. Gap fill in stages. The +1, price stalled and I thought it was going to come back at me, which it did so I closed, but when it eventually came back down I simply re entered. Now I have to go into Town so I closed every thing- Have a good one.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 +19+1+33+10 220517.png Size: 43 KB
Cut your Losers short and let your Winners run.
3 traders viewing now