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(26 votes) 
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$606May 27, 2014
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nice job Peter!
first trade is a bit tricky to take as your are trading against the purple line but going out BE there is good. next trade is nice but like you said you chickened out.... don't do this to often or you will make it a happit for yourself and then you will go do that over and over again just trail your stop or set and forget it or you can go out if you get a trigger in the other direction...
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$93February 27, 2011
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Thanks Sjoerd. Excellent advice - if only I can stick to it....
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$62July 22, 2015
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Nice trades guys. I wish I had time to trade. On my work I don't have access to my charts.
How do you get that red line (instead of the grey), can you show me what parameter I have to change?
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$93February 27, 2011
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Hi!
Click Ctrl+I on your chart to get the indicators, then double click WavEFXv5_Swings_Alert_I, double click Slate Grey on the Color_Lvl2 line. If you now click on the downward pointing triangle which appears on the right you can select red or any other colour.
The following users say thank you to juakali for this useful post:
henkknotFree Members
$606May 27, 2014
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not that much to trade today on the EU... added some extra pairs for triggers 😉
i will trade these pairs from now on
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$160August 4, 2016
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From 1 to 6 pairs koeart? Wow! 🙂
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$606May 27, 2014
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yeah why not 😉 most of the time im just waiting... so i hope there will be less waiting from now on!
but i am going to be really picky about the trades i take 🙂
Â
you had some trades done today?
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$160August 4, 2016
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It was my daytrading day again and it was so relaxed, i'm really getting into it. In the past i opened dozens of orders and most of the time lost in the afternoon what i made in the morning (if i was lucky). Now just 2, RR of 1:1,8 and i was happy with it. Just 3 hours of trading, no more. I watch eurusd and gbpusd, and sometimes usdcad/audusd on the 2017 2-chart setup.
It's a pity i can only trade for real 1 day a week...
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$160August 4, 2016
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About that cherry picking;
I myself trade reversals only on good locations (SR zones) and sometimes a trend continuation, although it seems to be harder than it should be. Trends don't always continue like i expect. Needs some work from me i suppose. I don't do breakouts and counter trends yet.
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$606May 27, 2014
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thats picky 😉
and let me give you a tip.... in my opinion you can't do something sometimes... so you do it or you don't. it's easy for yourself to do it that way so you don't doubt yourself when it happens.
and i only trade level 1 style of triggers for confurmed turns and trendcontinuation.... and breakout trades are often trendcontinuation trades.
Â
got my first one on the GU (small lotsize to see how it goes) and on the 5 is pretty jumpyÂ
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let's see if it turns around now 🙂
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$45January 15, 2016
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Hi 🙂 I would like to share my charts too. I also started to use just one chart. When I want to see bigger picture I switch to one pair for a while and/or multiply renko size by 4 directly from remote control bar. Still I am not able to trade so fast as renko 5 - too small reward and too fast changing of the direction. I rather work on how to trade bigger waves ... I found out I get out of trades too early ... 🙂 It seems that I made my charts similar to Koeart's ones but 4 charts per screen are enough for me.
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$606May 27, 2014
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fxstuntelaar said
It was my daytrading day again and it was so relaxed, i'm really getting into it. In the past i opened dozens of orders and most of the time lost in the afternoon what i made in the morning (if i was lucky). Now just 2, RR of 1:1,8 and i was happy with it. Just 3 hours of trading, no more. I watch eurusd and gbpusd, and sometimes usdcad/audusd on the 2017 2-chart setup.It's a pity i can only trade for real 1 day a week... Â
nice job!
less is more they say 😉
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$606May 27, 2014
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looking good Snejanka!!
nice entry's! you use those butterfly patterns together with the electrofx style of trading?
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$45January 15, 2016
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Thanks 🙂 I always say I will keep it simple... and cannot resist to add more things: the harmonic patterns - still they are additional confirmation and illustrate situations when you have lower low and higher high situation which is generally confusing. They do not work all the time of course. I made another modification I forgot to mention: I use WavFX Support/Resistance indicator with standard 240 TF not H3 (180) because it's standard and does not rely on H3 renko size (I do not generate H3 chart now). Thus at any renko size 18, 72 or 144 for EURUSD for example I see one and the same S/R boxes. ... And the last modification is that I added ZZ 144 to count easily waves from a higher TF just from one chart. 🙂
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$606May 27, 2014
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you made it your own 🙂 nice!
but what is a ZZ144?
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$45January 15, 2016
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Zig Zag with value 144, 5, 3 🙂
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$606May 27, 2014
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lol! i have no idea what that is 🙂
but i do know i am getting hooked on my new pairs 🙂
UJ TC trade
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$606May 27, 2014
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fail at my london open trade..........
the purple wasn't supposed to be there... didn't pay the right attention...
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$93February 27, 2011
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I had exactly the same fail Sjoerd. Same mistake and also trying to be too clever. Mea culpa!
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$93February 27, 2011
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Better one on the GU.
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