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(26 votes) 
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$606May 27, 2014
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nice job guys!
Â
i got the same trade as you Peter 
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$43January 18, 2015
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took a tiny loss on the ej, then a BE** Register Here for Free Membership to see this image/link **
Â
tried to get some from the news volumes, but it was too risky to keep open when it came back the second time,
so i let it close at BE, might regret it, but i prefer safer trades anyway, specially if they don't do what i expected right away.
lets see if anything else comes around, volumes are high.
Â
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hey you! remember to follow your bloody rules!
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$43January 18, 2015
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damn, took another hit, i jumped the gun like a fool. now i need a 1 to 3 win to get me back in the black for the day lol
Â
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hey you! remember to follow your bloody rules!
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$45January 15, 2016
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Hi, I did a lot of stupid things these 2 days ... Today I managed to enter 2 stupid trades GU and DAX and happily I feel it on time and exited at BE within first seconds, then I did a perfect entry on DAX but since I used the manager I decided that SL is too big for me and exited again too fast with zero profit. I do not know what's wrong with me - everything is perfect clear and I do studip things...
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$45January 15, 2016
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Much better one + 25 pips 🙂 Catch just on 0.618 retracement on the bigger frame - should go much further.** Register Here for Free Membership to see this image/link **
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$43January 18, 2015
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i hate it when you get in at a great location only to clip BE before it goes on to hit your target. nice sell.
Â
not a good day for me today, i'm 3 trades down. i got some scalps during the news. but nothing that really fits the efx system. my own fault trying to get it back. had a nice 1 to 1 which turned into another BE due to greed.
hey you! remember to follow your bloody rules!
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$62July 22, 2015
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Good morning,
Yesterday evening 3 losses in a row. Grrr.
First one GU. Trend continuation on the purple, I saw a double top on red and a 3PT on black. What was wrong with this one? Just bad luck?
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Second one EJ. Trend continuation on the purple, I saw a perfect double top on red and again a 3PT on black. What was wrong with this one? Just bad luck again?
Third one UJ. This was a bad one against purple. I had a 3PT on red and a trend continuation on black. I was knocked out on the top of the purple. Afterwards prices moved down as I aspected.
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Am I doing things structural wrong?
Thanks for help guys!
Â
Henk.
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$93February 27, 2011
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$45January 15, 2016
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Henk, sorry for your 3 losses ... it happen not so rare:)
From pictures I do not see the renko size but I guess it's fast charts. At small time frames price changes too fast and may alternate many times without reason. Trends and relative waves are very unstable. I always analyse why something happen. I attach a fast EJ chart with some harmonic patterns for illustration. You my Red line is actually Theo's purple 34 lenght. You see how many times price makes lower lows & higher highs and vice versa. It happens on all time frames but on fast charts - all the time. They do not follow exact Fibo wave levels - just make special patterns and readjust price in convenient for the overall trend levels. So we know that bigger (slower) time frames control the smaller (faster) ones and it's great to comply with this rule. Also I suppose your's is very fast chart - then you cannot count waves reliably - typical 3 vawes + 4th which is shorter. I think that new Theo's al terna charts are very balanced as speed and map size. I personally made experiments and came to same conclusion 5-6 times difference between map and entry charts  is the best ratio. I also see you use only 1 chart (or at least that's on the picture) which is misleading. I tried to use only 1 chart switching between sizes but for me it's better to have both charts visual. Sometimes I overthink but when I underestimate any of the above said assumptions I get in trouble...
And since the big guys always know where small traders put their SL they always hunt the SL, that's another reason at fast time frames for the price to change so rapidly just to hit SL by several pips and then goes to predicted direction...Â
Hope you would agree:)
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$45January 15, 2016
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DAX trade 1:2 RR 🙂 Another 23 pips However I move SL 2 peaks back or just give 3-4 pips skew on SL. This time stayed in without panic:)
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$43January 18, 2015
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Snejanka said
Henk, sorry for your 3 losses ... it happen not so rare:)From pictures I do not see the renko size but I guess it's fast charts. At small time frames price changes too fast and may alternate many times without reason. Trends and relative waves are very unstable. I always analyse why something happen. I attach a fast EJ chart with some harmonic patterns for illustration. You my Red line is actually Theo's purple 34 lenght. You see how many times price makes lower lows & higher highs and vice versa. It happens on all time frames but on fast charts - all the time. They do not follow exact Fibo wave levels - just make special patterns and readjust price in convenient for the overall trend levels. So we know that bigger (slower) time frames control the smaller (faster) ones and it's great to comply with this rule. Also I suppose your's is very fast chart - then you cannot count waves reliably - typical 3 vawes + 4th which is shorter. I think that new Theo's al terna charts are very balanced as speed and map size. I personally made experiments and came to same conclusion 5-6 times difference between map and entry charts  is the best ratio. I also see you use only 1 chart (or at least that's on the picture) which is misleading. I tried to use only 1 chart switching between sizes but for me it's better to have both charts visual. Sometimes I overthink but when I underestimate any of the above said assumptions I get in trouble...
And since the big guys always know where small traders put their SL they always hunt the SL, that's another reason at fast time frames for the price to change so rapidly just to hit SL by several pips and then goes to predicted direction...Â
Hope you would agree:)
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 Â
this is a really good post, some days you can trade the really fast stuff no problem, but other days those fast trades are less safe. the secret is to read the market, are the previous triggers of the day reliable? but i have to say i still struggle to get it right every day. 1 loss so far today. waiting for some thing really substantial now. thats already 4 losses in a row including yesterdays 3 losses.
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hey you! remember to follow your bloody rules!
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$43January 18, 2015
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finally managed to take a win for 1 to 2.5, took a loss on my first trade of the day as you can see.
some times you can defeat the stop hunters by getting in and out before they have a chance to mess things up, lol.
Â
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hey you! remember to follow your bloody rules!
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$93February 27, 2011
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VIP Members
$43January 18, 2015
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hey you! remember to follow your bloody rules!
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$62July 22, 2015
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Snejanka said
Henk, sorry for your 3 losses ... it happen not so rare:)From pictures I do not see the renko size but I guess it's fast charts. At small time frames price changes too fast and may alternate many times without reason. Trends and relative waves are very unstable. I always analyse why something happen. I attach a fast EJ chart with some harmonic patterns for illustration. You my Red line is actually Theo's purple 34 lenght. You see how many times price makes lower lows & higher highs and vice versa. It happens on all time frames but on fast charts - all the time. They do not follow exact Fibo wave levels - just make special patterns and readjust price in convenient for the overall trend levels. So we know that bigger (slower) time frames control the smaller (faster) ones and it's great to comply with this rule. Also I suppose your's is very fast chart - then you cannot count waves reliably - typical 3 vawes + 4th which is shorter. I think that new Theo's al terna charts are very balanced as speed and map size. I personally made experiments and came to same conclusion 5-6 times difference between map and entry charts  is the best ratio. I also see you use only 1 chart (or at least that's on the picture) which is misleading. I tried to use only 1 chart switching between sizes but for me it's better to have both charts visual. Sometimes I overthink but when I underestimate any of the above said assumptions I get in trouble...
And since the big guys always know where small traders put their SL they always hunt the SL, that's another reason at fast time frames for the price to change so rapidly just to hit SL by several pips and then goes to predicted direction...Â
Hope you would agree:)
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 Â
Think you Snejanka for your advices. I have some little problem too understand you but I try. My charts are very fast (Mean Renko 5). What you said about the big traders hunt the SL of small traders; I had that feeling several times! Maybe that's why Theo say put your SL 2 peaks back?
What's your favourite scale for trading? And how many trades do you make on 1 day? Most of the time I can only trade in de evening (Amsterdam time).Â
Â
Thanks.
Â
Henk.
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$45January 15, 2016
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Henk,
I prefer the brand new Theo's template set alTerna. Renko is half the size in comparison to 2017 2-chart set of templates. With this template EU renko is size 12 , GU renko is size 17. I find this more stable than renko 5 size.  I am 1 hour ahead of you - almost the same time zone. In fact I am on my computer the whole day and can trade full Franfurt & London sessions but along with trading I do other things and cannot concentrate for so long. Still I try to catch London open, NY open and London close. I do not know why I decided and persist to trade DAX which lately does not give good triggers. Fast moves up & down... So I decided to move to Gold, Oil and EU, GU. I made 3 nice DAX trades this week but it requires a lot of patience. I started with Theo's strategy seriously in November so I am relatively new. What I noticed is that if you stay long in front of the computer and watch moves of 1 or 2 currencies you start to see repetitive patterns and it's easier to handle similar patterns later. I also find very useful to listen to all Theo's analyses even several times, so that I just start see situations without thinking a lot... I hope I will be successful soon.
How much experience do you have?Â
Good luck,
Snejanka
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$160August 4, 2016
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About big traders hunting the small ones; i read a nice article about that. It seems more like the small ones do it to themseleves...
Â
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$606May 27, 2014
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OK Henk.
Â
first trade was just a loss or bad luck as you call it 😉 and Snejanka is right trading the GU on a 5 is dangerous.... to much triggers. as you can see you get i perfect trigger for a long on a smaller scale (red line). but i think i would have jumped into the same trade.
second trade has a weird entry deu to the fact of the cost of spread i guess.... i think trading the EJ that small is to exspensive. and i cant judge on the location because i can't see wats left on your chart...Â
last one is like you said againt the rules and your entry is low again... you want the triggers closer like Juakali's trade you can see below your post.
for the rest nice job guys!Â
Â
EU trade from yesterday. and i got a loss on the GU.
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and a entry shot. (still in the trade)
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The following users say thank you to koeart for this useful post:
henkknotFree Members
$606May 27, 2014
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EU result. nice 1:4,2
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$45January 15, 2016
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Sjoerd mine is similar but taken on renko 12-size very early in the morning. Actually opened by TM while I sleep. My RR however is 1:1 as I left wider SL and closed earlier since I have to go out ... Still nice too have + 11 pips than negative :)Â
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