I would wait for the last MA to cross then start trading all pullbacks to the MA.
- #142
- Edited 6:07pm Jan 10, 2019 4:57pm | Edited 6:07pm
AUDCHF I went long based on Renko Only. ...Two downfalls to this trade: 6 Brick chart looks a bit in a range and also the fact the 24 Brick chart has been very bullish and never corrected. {image}
I lost in this trade and re-entered.
Lesson =====Wait for correction on Higher box sizes especially if there is no volatility during the week bec of news.
However I renetered again and won. First 1:1 target was hit. And then moved stoploss for second target too early. 12 brick and 24 brick have corrected. I even exited early and should have stayed.
Very important lesson is to wait for correction on Higher Bricks and the opportunity offers itself and becomes rewarding.
- #144
- Edited 7:45am Jan 11, 2019 4:42am | Edited 7:45am
EURUSD
Looking great on Candles and Renko
Daily... 
H4.... 
Renko
24 Brick..... 
12 Brick..... 
I like the positioning of the setup with the breakout and retest on LTF/Small Brick.
The only downfall here is that we still have impo news tomorrow and it is Friday and has been a low volatile week.
Looking great on Candles and Renko
Daily...
H4....
Renko
24 Brick.....
12 Brick.....
I like the positioning of the setup with the breakout and retest on LTF/Small Brick.
The only downfall here is that we still have impo news tomorrow and it is Friday and has been a low volatile week.
