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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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koeart
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January 26, 2017 - 00:30
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yeah nice one 🙂

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juakali
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January 26, 2017 - 03:54
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SL hit by 1 pip upset(SL was placed just above the shoulders of what was a red H&S at the time).

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koeart
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January 26, 2017 - 04:34
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Yes I was thinking about that one. But it's not a real lvl1 trigger so I didn't take it.

I would only take them at Londen open / close

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juakali
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January 26, 2017 - 04:39
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juakali
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January 26, 2017 - 04:42
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Regarding my EU loss above, Sjoerd, when you say you wanted a real lvl1 trigger do you mean you wanted a double top on the purple before selling?

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koeart
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January 26, 2017 - 06:21
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Nice! I got the same trade. 

No I mean that I want the trigger close to the purple top.... not at home now... will drop a screenshot later 

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koeart
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January 26, 2017 - 10:53
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2 more small trades from today.

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koeart
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January 26, 2017 - 11:06
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@peter

i hope this screenshot makes it clear what i mean with a level 1 trigger... and my level 1 triggers are a litttle bit different then what theo is calling a level one trigger... level one style of triggers are level 1 triggers for me 😉 so where theo needs 2 purple lines to get a lvl1 trigger i'm ok if one line is grey or even black as long as it is that lvl1 STYLE of trigger. so you get some movement and a reaction out of a zone and then you wait for it to happen again at the same location and thats your lvl1 style of trigger...

 

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henkknot
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January 26, 2017 - 12:47
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I can't remember the different styles of triggers. What video section was that? 

My trade today:

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koeart
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January 26, 2017 - 12:59
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hi henk.

bit of a late entry but a nice trade 🙂

level 1 vs level 2 triggers is explained by Theo in section B video 6

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henkknot
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January 26, 2017 - 13:05
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Great, thanks,

 

How would you judge this? Sometimes I'm wrestling with the entries so what's your opinion with this chart?

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To me it looks like a TPT on the red. The purple is going upwards. Waiting on a trigger of black and fire?

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koeart
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January 26, 2017 - 13:14
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no because the purple line isn't suposed to be there... remember that it is a indicator... don't trust these things blindly ;) (look at my trade this morning at london open. same mistake)

for a 3 point turn to the downside you want it to break the red up first so there is a reason why the purple is there...  and then you wait for a red line and at the end a black line trigger 

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koeart
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January 26, 2017 - 13:20
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maybe this is better.... this or at least some kind of move like this is what i'm waiting for it to turn around. 

 

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henkknot
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January 26, 2017 - 13:28
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Oh yes, of course. The trade that I was looking for was a buy to the very last HH of purple.

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koeart
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January 26, 2017 - 13:40
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thats a TC trade not a TPT 😉

ok you are right but at that moment it's a no go for me... because i want to see a better trigger so a little bit more of a pullback and then a trigger

like this

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henkknot
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January 26, 2017 - 13:48
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OK, very useful explanation.

 

Thanks

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koeart
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January 26, 2017 - 14:08
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ok i think its better not to have any position open after 23:00 gmt plus one time

look at the jump to 25 pips of spread on the GU wow! verry nice for my 3.5 pip SL

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Snejanka
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January 27, 2017 - 02:10
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My trades today... All winning. Third one was risky experiment but in my favor. Fast trades are not so bad 🙂 I continue to close some manually - so market TP with a big blue spot.  

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fxstuntelaar
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January 27, 2017 - 02:49
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Hi Snejanka,

 

Your chart and trades are not completely clear to me but if i look at the journal you take your profits very fast. What about your R:R? Do you have small SL's too?

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Snejanka
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January 27, 2017 - 02:58
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Hi ** Register Here for Free Membership to see this image/link **

First trade gave me 22 pips risking 11 so R:R = 2. 

The other 2 trades were just experiment - I do not trade so fast as renko size 7, but today I tried this chart - that's why I was not sure and just wanted to close something in profit because at this fast speed you can close negative when you have not decided your entry precisely.  🙂

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