First trade with the FLIPPER EUR/AUD with 6 pip bricks
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DislikedDear DONKSD, How you set up the renko chart to be FLIPPED ? Thanks for your kindly explainations,.... Budi DharmaIgnored
DislikedKiads, Could you please, if you have time, tell me why this trade didn't work. Here are the reasons why I took this trade ( buy set up) 1°) Outside sign 2°) SSA CYCDIV below -0.5 level 3°) SSA confirm by Inside key sign 2 4°) Cycle line near pink line 5°) Already made a retracement first Thanks for your help {image}Ignored
Dislikedstepped out of my Eud/Aud trade with 19 pips because of time of day and the SSA turned color.. why risk it {image}Ignored
Disliked{quote} Hope you are not just jumping in and start shooting questions straight away. It will do you and the rest of us here good and save a lot of time and effort if you could read this thread from the beginning. You are lucky only 23 pages, not hundreds and thousands. Furthermore flipped renko was only introduced 2 days ago.Ignored
Disliked{quote} Hi My Friend, when you trade with high spread crosser pairs like GBPJPY, you should use bigger size brick, or you will trap so often in whipsaw conditions. Try to change your normal geo renko chart brick size to 16 points. And actually from your screenshot, that inside key sign (Magenta Vert Line) when you open your long position, is not ''continuation sign' but 'there will be turning point soon' signal. This is ' 22 - Inside Bullish Down Trend' key sign. Check my previous post 326 (http://www.forexfactory.com/showthread.php?p=7318649#post7318649)...Ignored
Disliked{quote} Hi Kiads, This is the problem I also have, it is easy to say its a 22 after some time (you can't trade history), but when you trading live it can be a 2 or a 22 (because SSA in oversold area, and there is a inside break to confirm "trend" change, indicating it's a 2 according to the examples you provided). So at the moment I do not see any benefit in trading this (maybe I'm a bit slow), normal higher highs and lower lows gives the same information. All the bestIgnored
Disliked{quote} Hi My Friend, Yup, you are exactly correct.. , you can't become expert in this 'key signs' reading at your first day screen time. I learn it for years to 'sharpening' my intuition. I only practice..practice and practice with only one pair, to know the characteristic of this 'key signs' , i spend long hard scree times.. to know the different. Absolutely this is not as easy as its look at just one static screenshot..., nothing can come too easy and too quick if we expect good long term result. I hope all of us understand that.. as always Happy...Ignored
Disliked{quote} Thnaks for your answer Kiads, You said taht it's 22 patern cause of the big down trend line ?Ignored
DislikedNow, in relation with post 454 without change any setting ( brick size 32 shift 12.5%) BB 17 dev 3 median price (HL/2) SMA 17 median price. level 40, 80, 120, 480, -40, -80, -120, -480. just set your UseFlipMode to true so your GBPJPY offline chart will look like this {image} Do you still confuse where to place your short position or long position there ? is it ok if we go long above SMA17 level 120, and go short below SMA17 level -120 ? Just prepare your solid MM, and you will be the next consistent profitable trader.. Happy Trading Guys.. MTHIgnored
Disliked{quote} excellent explanations , additionally with one more calculation i am getting exact signals not 100% but like you mentioned solid mm we can make it hundred. best of luck guruji kiadsIgnored