Guys, I'm trading today. Well, more scalping than anything else. 24 pips net so far. Live, no demo. Sai Ram is right, I need to improve in trading. I will come back to you later.
2 things I learned from him ( trading ) already. You must work hard and you can only do high propability trades. I am trading 1 year now and have a lot of screen time ( related to this year ).
BTW, what I miss in the Renko concept ( in all Renko concepts I know and I tried a few ) is that the SMA 200 and the EMA 60 do not work anymore. They work on EVERY timeframe on time charts and you can see the price bouncing off those lines and quite some action around. This is one of the reasons why I would prefer to code the EA for time charts.
It's not that SR lines, Pivots, Fibos or whatever really exist. But because everybody uses them, they work.
Thank you Sai Ram !
Best, V.
2 things I learned from him ( trading ) already. You must work hard and you can only do high propability trades. I am trading 1 year now and have a lot of screen time ( related to this year ).
BTW, what I miss in the Renko concept ( in all Renko concepts I know and I tried a few ) is that the SMA 200 and the EMA 60 do not work anymore. They work on EVERY timeframe on time charts and you can see the price bouncing off those lines and quite some action around. This is one of the reasons why I would prefer to code the EA for time charts.
It's not that SR lines, Pivots, Fibos or whatever really exist. But because everybody uses them, they work.
Thank you Sai Ram !
Best, V.