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Fxgreenhawk Routine - Trading for a Living

  • #41
  • Aug 23, 2017 2:36pm Aug 23, 2017 2:36pm
Any other secrets?
  • #42
  • Aug 23, 2017 2:46pm Aug 23, 2017 2:46pm
Quoting MACDave
Any other secrets?
Well there are quite a few tweaks , but i cant reveal those things, i manage accounts so its like what the joker said " if you are good at something never do it for free " so i cant reveal my complete trade secrets sorry . For me i am at a point where quality is more important to me than quantity . I have refined and made the system to get more quality signals . But first you guys have to trade this routine and feel the flow and get comfortable with the routine , it has to become a trading style , then you will be able to fine tune it yourself . Its an easy system , once you know know to switch between charts .Focus on the routine , not the money .Money is just a byproduct of a successful strategy .
>>> BE INTENTIONAL
  • #43
  • Aug 23, 2017 2:53pm Aug 23, 2017 2:53pm
Quoting falkborn
{quote} Well there are quite a few tweaks , but i cant reveal those things, i manage accounts so its like what the joker said " if you are good at something never do it for free " so i cant reveal my complete trade secrets sorry . For me i am at a point where quality is more important to me than quantity . I have refined and made the system to get more quality signals . But first you guys have to trade this routine and feel the flow and get comfortable with the routine , it has to become a trading style , then you will be able to fine...
Yeah, there must be an easier way to identify signals , that's the only downfall with renko , no Time frame so you need to sit in front all day because your chart can change in a min.
I like your system, has this week been very good for signals or pretty normal?
I'm in GBT +2 so missed loads at my midnight i see . Cant get em all !
  • #44
  • Aug 23, 2017 3:02pm Aug 23, 2017 3:02pm
Quoting MACDave
{quote} Yeah, there must be an easier way to identify signals , that's the only downfall with renko , no Time frame so you need to sit in front all day because your chart can change in a min. I like your system, has this week been very good for signals or pretty normal? I'm in GBT +2 so missed loads at my midnight i see . Cant get em all !
this week has been calm and consistent and had a smooth ride so it gave good profits , usually it would give massive profits . This system works really well in trend continuation type of scenarios . There are also weeks where you have losses the first two trading days but then it would end up very well on the last trading day on Friday .
Yes its true that you will have to sit and wait for the trading signal , but it would have been much worse if you didn't have the fractal and the renko alarm indicator with you . I found that the most important thing you need to have for this system is discipline , making money is easy , but first you have to make up your mind .
>>> BE INTENTIONAL
  • #45
  • Aug 23, 2017 3:08pm Aug 23, 2017 3:08pm
Quoting falkborn
{quote} I took the same trade , but i cant seem to figure out which renko brick size did you choose . First you make it a 12 brick size renko bar and then look for signals , we got a signal for usdcad in 12 brick renko bar {image} Then we change the brick size to 3 and then we look sor the sell criteria and put stops below the fratcal low . {image} Thats how you take a trade , systematically
Thank you sir, for answering my question and detailing how you execute a trade. I appreciate your help very much!!!
The brick size I used was 10, so as to match the 10-pip range bars that I am used to watching.
  • #46
  • Aug 23, 2017 5:14pm Aug 23, 2017 5:14pm
Your system is promising
  • #47
  • Edited 11:19pm Aug 23, 2017 10:22pm | Edited 11:19pm
Good morning Falkborn,how do you manage your 3rd entry, the one you let ride, move it with the last fractal on 12 brick?
If you get a cross of the ma's like EUR/CAD at the moment, you cannot look for trades there as those MA's need to uncross first and then retrace correct?
I just think once you get a cross of MA's price generally finds support on one of those MA's and could push higher as I'm pretty sure EUR/CAD will do.
Also, do you trade this from London open to London close or longer and how do you handle news?
  • #48
  • Aug 24, 2017 12:24am Aug 24, 2017 12:24am
Quoting MACDave
Good morning Falkborn,how do you manage your 3rd entry, the one you let ride, move it with the last fractal on 12 brick? If you get a cross of the ma's like EUR/CAD at the moment, you cannot look for trades there as those MA's need to uncross first and then retrace correct? I just think once you get a cross of MA's price generally finds support on one of those MA's and could push higher as I'm pretty sure EUR/CAD will do. Also, do you trade this from London open to London close or longer and how do you handle news?
Managing 3rd position is totally upto you . You can either trail it or take it out if there is am ma cross over in 3 brick renko, or you can trail it using the 12 brick renko.I didnt understand what do you mean by MA's need to uncross first and retrace ? Yes, once you see the crossover look for retracements and then switch the brick size to 3 and look for signals . This system is purely technical not much weight on the news , but always keep an eye on the major news releases or events as the brokers mould widen the stops and it would effect the bar size and all , so just be cautious of the news . You can trade this routine any open , works fine in all the same .
>>> BE INTENTIONAL
  • #49
  • Aug 24, 2017 12:51am Aug 24, 2017 12:51am
Nice system! Gratulation!

And you use te same brick size for every pair?
Everyday better.
  • #50
  • Aug 24, 2017 1:00am Aug 24, 2017 1:00am
Quoting arlucad
Nice system! Gratulation! And you use te same brick size for every pair?
12 and 3 yes .
>>> BE INTENTIONAL
  • #51
  • Aug 24, 2017 3:43am Aug 24, 2017 3:43am
I just missed that GBP/CAD short, how do you manage to see all these trades? do you have a massive screen with all 20 pairs on with 12 brick size and then another computer for the 3 brick?
  • #52
  • Aug 24, 2017 4:28am Aug 24, 2017 4:28am
How do I get 2 different renko brick sized charts to generate. I can only get 2 threes or 2 / 12s /. Thanks.
Know your edge and trade within it
  • #53
  • Aug 24, 2017 4:59am Aug 24, 2017 4:59am
Looks like CADJPY is setting up, if my understanding of this system is correct
- Pending Long 1 pip above 0.7705
- SL = 0.7675
(pictured below is a 12-pip renko chart)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB
  • #54
  • Aug 24, 2017 6:09am Aug 24, 2017 6:09am
Quoting SnoopyAKQJT
Looks like CADJPY is setting up, if my understanding of this system is correct - Pending Long 1 pip above 0.7705 - SL = 0.7675 (pictured below is a 12-pip renko chart) {image}
yes i am long on that pair . Good that you are learning well.
>>> BE INTENTIONAL
  • #55
  • Aug 24, 2017 6:11am Aug 24, 2017 6:11am
Quoting MACDave
I just missed that GBP/CAD short, how do you manage to see all these trades? do you have a massive screen with all 20 pairs on with 12 brick size and then another computer for the 3 brick?
you just need 1 m1 renko chart and just change the brick size , 12 brick renko dont move that fast , just open 12 brick in all and if the renkoalarm gives you a retracement look if the strategy is right ,change to 3 and look for entry
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-24 16_38_29-.jpg Size: 84 KB
>>> BE INTENTIONAL
  • #56
  • Aug 24, 2017 6:13am Aug 24, 2017 6:13am
Quoting SnoopyAKQJT
Looks like CADJPY is setting up, if my understanding of this system is correct - Pending Long 1 pip above 0.7705 - SL = 0.7675 (pictured below is a 12-pip renko chart) {image}
Its not cadjpy its cadchf ,
>>> BE INTENTIONAL
  • #57
  • Aug 24, 2017 6:17am Aug 24, 2017 6:17am
usdcad trade +++ TP1 and TP2 hit ... now just bleeding green
Attached Image (click to enlarge)
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>>> BE INTENTIONAL
  • #58
  • Aug 24, 2017 9:11am Aug 24, 2017 9:11am
Quoting falkborn
{quote} Well there are quite a few tweaks , but i cant reveal those things, i manage accounts so its like what the joker said " if you are good at something never do it for free " so i cant reveal my complete trade secrets sorry . For me i am at a point where quality is more important to me than quantity . I have refined and made the system to get more quality signals . But first you guys have to trade this routine and feel the flow and get comfortable with the routine , it has to become a trading style , then you will be able to fine...
you must be in the commercial section.
  • #59
  • Aug 24, 2017 9:17am Aug 24, 2017 9:17am
hey falkborn, is this a valid setup on EURUSD?

brick size 3

Attached Image (click to enlarge)
Click to Enlarge Name: 121.png Size: 34 KB
  • #60
  • Edited 10:32am Aug 24, 2017 10:04am | Edited 10:32am
Quoting mario777
{quote} you must be in the commercial section.
Mario , read the post from the beginning to end , i have not asked anyone to invest in me nor i have publicized any service here in this thread .This is purely educational . If anyone wants to take lessons from here , let them do it .Do you think this strategy just popped up in my brain while i was practicing medicine ?lol
>>> BE INTENTIONAL
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