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- fxkred replied Jul 2, 2015
OANDA's regular platform is a good substitute of Renko chart. The 10 or 15 sec chart gives a very good entry opportunity, if the main direction is reconciled by a bigger timeframe. image
- fxkred replied Dec 18, 2014
Hi to everybody, I am using nowadays a fresh renko type: block size 4, and the step is 1. It is something like the price travel into a four pip channel. The bigger timefram is depends on the pair you are using. For example here a gold chart, which ...
- fxkred replied Jan 6, 2014
Did anybody experienced, that at the Admiral markets the hourly candle closes 15 MINUTES after the round clock? And it is work so for a week now.
- fxkred replied Dec 20, 2013
Good opportunity missed by me on gold H1. Upthrust, next bar confirmed closed in the middle. The high volume bar was fibo projected. There was another opportunity for late entry or adding to pyramid.
- fxkred replied Nov 28, 2013
NIce Pattern on EURUSD h4
- fxkred replied Nov 2, 2012
EURUSD had broken down a previous valley, so confirmed a new Zigzag. We got now, the X ABC peaks, but where could be the D? There the EU may start go north. The most possible turning points could be:
- fxkred replied Oct 31, 2012
Yesterday evening a beautifull fibo confluence zone, high probability shorting zone:
- fxkred replied Oct 12, 2012
There was a series of harmonic pattern on DAX 4 median renko, while it was ranging.
- fxkred replied Oct 9, 2012
Let us see, what to do with median renko. Not much difference to trade. Take the fib confluence level and travel in it until you able.
- fxkred replied Oct 9, 2012
As I thought it, maybe wiser to compare the 2 pips ordinary and the 4 pips median renko. Here you are the chart.
- fxkred replied Oct 9, 2012
I give you an example, from today's EU 4R chart. How different could be in this two types of renko. Everybody can decide which is easier to trade.
- fxkred replied Oct 9, 2012
There is an fight between ordinary renko candle user and median renko candle user. I have found an interesting picture, where it is explained what is the theoretical difference between them, and why the median is used by professionals.
- fxkred replied Oct 7, 2012
That is good chance to get experiences with PipTrapper EA during the NFP news. I let the EA on 100point renko bar.
- fxkred replied Sep 28, 2012
Yesterday Euro-dollar 4R. Ab=Cd pattern.
- fxkred replied Sep 26, 2012
Otherwise very funny moves on GOLD. False brekouts, then a big move, and it is many times now.
- fxkred replied Sep 26, 2012
Good old tactics in GOLD. AB = CD.
- fxkred replied Sep 24, 2012
And a very fresh, good example from today's EU.
- fxkred replied Sep 21, 2012
waves and fibos EU 4R
- fxkred replied Sep 21, 2012
Overnight GBPUSD trade. Harmonic pattern, fibo expansion, and previous levels the targets.