If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
-28.2%
RENKO Trading SYSTEM - RENKO Indicators 7 replies
New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies
Making money in spite of fundemental logic (as we may understand it) 5 replies
Having Trouble with Cross Logic for Indicator. 1 reply
Logic is missing is most systems 2 replies
DislikedReady for Monday, when data flows, however I will be in hospital all week, so no chance to see these charts in action for awhile.
I made template for the Base chart, with Renko EA, so I can apply quickly to any pair, 1 minute chart, and then open the M2 Offline chart, have a template for that also.
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DislikedI didn't try renko charts so far but your journal made me research a bit more on them. Unfortunately the markets are closed so I can't see yet the charts on my comp. I will do some more research this week on those.Ignored
DislikedI found all the stuff my buddy coded for Renko bars and charts. When I have a chance to go over it all and remember how it works on a chart I will pass it on to you. It may be a while though, but I am glad I found it.
Hope you have a nice week of trading.
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DislikedUsdchf stopped out at break even. Audusd short opened on a tl break, trade type 6. TP just above next s/r at 1.0440, about 100 pips.
xxxusd falling and usdxxx rising.Ignored
Dislikedhi hugh,
trend for gu n eu still not yet change in H4 rite?
as you tell me before... if price is still above 100sma, trend is still not yet change...
any input is appreciated..
tq.Ignored
DislikedHey, that would be great, I'd really appreciate that.
Nothing triggered overnight and in fact usdchf pulled back 30 pips or so. I've moved it to break even now and I'm going to leave the pending orders in place for now. If anything breaks out I'll be in the trade but it looks like everything may be about to start heading the other way for a while. I'm not that surprised, usd strength was more or less bound to return at some stage.
I'll update as and when anything happens. Could take a while with renko...Ignored
DislikedCan take a huge while with renko, but the runs can seem to just keep going forever.Ignored
DislikedYeah, just got to be patient and catch them. I need to work out which of these signals is going to bank the most pips and then stick with that. I'm thinking maybe either the breaks of s/r with the trend and/or holds of s/r back with the trend. Time will tell.Ignored