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Learning Forex the Electrofx Way
results of strategies applied in practice, sharing some trades, thanking the founder of the site. discussing the methods described here as they relate to trades
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henkknot
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December 20, 2016 - 06:36
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I started with trading live.

 

I have now 2 losses and 2 wins.

just checking; is there something wrong with this trade (loss)?:

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fxstuntelaar
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December 21, 2016 - 09:56
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Hi Henk,

 

With my limited knowledge i would say a wrong location, not at a zone. And the trend on the longer timeframe is short. Let someone please correct me if i am wrong. And also i am careful to choose a take profit when there is a zone before that target.

 

Greetings and a merry christmas,

 

Cornelis

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henkknot
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December 22, 2016 - 04:10
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Hi Cornelis. I like to have other views of other traders. Thanks for you opinion. On the H8 I see an upward trend, on the M8 it looks like a 3PT is coming up and on the M3 I was trading the third wave of the brown. I set me TP between obstacle 1 and 2.

Did I understand the theory well, How do you look at it?

I've had good thought about it but have maybe just bad luck.

After this trade I took a short trade who was profitable.

 

Henk.

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fxstuntelaar
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December 22, 2016 - 05:19
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Well i see what looks it could be the end of the uptrend on the H8 (LL). The M8 gives me a LL followed by a LH, last candles bearish, looks like a 3pt on that timeframe to me. The entry looks countertrend to me and that first grey zone would be a serious obstacle for me. I understand your reasoning but the M8 and that zone would keep me from entering a trade there. By the way what's that with all the entries on the map? Matrix trading or something?

And loosing trades happen, nothing is certain 🙂

Gr. Cornelis

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henkknot
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December 23, 2016 - 04:33
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Hello Cornelis,

I understand your reasoning. Thanks for your explanation, very useful.

 

Loosing trades happen, I agree. I like to limit my number of loosing trades to a minimum and to learn from each loss who is needless. I had a good first week with 4 wins  and 2 losses.

All that entries are entries of an EA (DB) that I'm running this week for the first time on a live account.

Do you have made profit this week?

Henk.

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fxstuntelaar
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December 23, 2016 - 07:02
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Yes i had 2 trades, one BE the other a winner, on GBPUSD daytrading. Unfortunately i didn't make a screenshot. But to me it wasn't the win that made me happy but the way it happened. I feel that i am growing as a trader here and i feel much more relaxed trading.

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koeart
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December 27, 2016 - 08:39
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hi guys!

nice to see you are keeping this forum alive! will start to drop some trades in here too

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Generaal_Goudvis
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December 27, 2016 - 10:30
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nice to see so much dutch activity on this forum...have been away for a while. And just returned to see this....NICE!

Cheers and keep the pips floating.

 

Generaal Goudvis

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henkknot
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December 27, 2016 - 10:49
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Hi Generaal,

 

Nice to see you here too! Do you still trade something with the electrofx style?

 

Greets,

 

Henk.

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fxstuntelaar
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December 27, 2016 - 23:48
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Hi koeart and g_g,

 

Nice to hear from other members here.

I will post some snapshots soon. At the moment i am just studying and testing.

 

Greetings,

 

Cornelis

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henkknot
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December 28, 2016 - 01:40
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Last night a two losses on EURUSD and USDJPY and a BE on GBPUSD. this morning, on my work without electrofx charts (but this one looked very safe for me):

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December 28, 2016 - 05:20
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koeart
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December 28, 2016 - 08:18
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nice trades henk.

 

it's all the same thing just different charts 🙂

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henkknot
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December 29, 2016 - 06:15
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Today was less easy. EURUSD; I don't trusted it so stepped out at 1.0447 with a small profit:

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And a loss on EURJPY:

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henkknot
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December 29, 2016 - 13:34
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and another win tonight on EURNOK:

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Koeart, how do you get that lines in your charts so that you can see what is the result of the trade. With my ugly lines it looks very unprofessional :).

 

Henk.

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fxstuntelaar
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December 30, 2016 - 00:16
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Henk,

 

Maybe you have what you want when you drag the closed trade from the trade history screen on your chart?

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koeart
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December 30, 2016 - 05:29
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Hi Henk.

it's what fxstuntelaar is saying.... just drag your trade out of your history on to the charts.

some tardes i made this week.

wednesday: first a small loss on a purple trendcontinuation trade and then a nice winner on the grey line 

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thursday:just a quick 1:1 as  there is no clear direction and we are making new HH and HL on the grey... 

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friday: finnishing of the year with a loss.... just jumped the gun to early, could have jumped back in on the next one but im done for this year.

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i started with just focusing on the london open trades sinds a couple of days and im planning to keep on doing that in 2017. with the 5 chart your done within the hour for sure. not saying that you will end up in the plus every day but i just don't want to spend all day behind the comp anymore.... 

 

have good and of the year guys and all the best for 2017!!

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koeart
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January 3, 2017 - 10:13
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Hi.

 

ended the year with a loss and starting it with a win.

i was a bit in doubt about this one as it wasn't as thight of trigger as i would have liked to, but i still went for it!  it bounched out of the same spot for the third time so that made things a little easier. trailed my stop and it hit before it really went down. 

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im going to try a bit of a longer therm approach on some pairs to see how i like that.

i have this renko script for a buy now on the UJ

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koeart
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January 4, 2017 - 11:02
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my Xscript got hit on the UJ trade.

instead i jumped in to a sell EU where my SL got hit... now in a long position as we made a turn on the grey line out of a busy area (can't see that in this screenshot)

and i went for a sell on the GU wich also hit my SL and i missed the turn around on that one.

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didn't took any morning trade as i had no time to trade in the morning but offcourse there were some nice trades to take.

second trade is a small loss or BE even the rest are winners.... not sure if it was possible to take the third trade as it looks like a fast news reaction...

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koeart
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January 4, 2017 - 11:35
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little updat after the FOMC meeting

my LT EU trade hit his SL for a littli under a 1:1 R:R trade but i made some money on the ST side 🙂

first one was a BE and then a nice 1:5 trade 

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im back at IC markets for my daytrading because there spread is 0,5 pip lower then darwinex and that is pritty big if you only need 3,5 pips as a 1:1 trade

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