Renko Trading For Gamers (RTFG) | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Renko 1,136 replies

RENKO Trading SYSTEM - RENKO Indicators 7 replies

New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies

Market Makers or Market Gamers? 0 replies

Renko Trading Journal 28 replies

Attachments: Renko Trading For Gamers (RTFG)
Exit Attachments

Renko Trading For Gamers (RTFG)

  • #261
  • Edited 7:56pm Dec 23, 2009 7:37pm | Edited 7:56pm
Quoting skylion
Sir,
How much time take to close Renko M2 Candile?

Happy Holidays...
Hi skylion,
Cool name... Petar busy right now asked me to answer for him.
There is no time relationships on renko charts just price action only.
A brick can take a few seconds to several hours to complete, no time limit or minimums.
Lou G. made an indicator to help you see time it takes a renko brick to form but I found out volume indi matches up same identical to it. The greater the volume the longer it may take for a brick to form I guess, but haven't looked at it this way in a long while.
later,
45
PS: If you need more info on renko charts to get started, there are a lot of threads at FF on the subject now, or just google renko charts.

PSS:
Ok maybe not so idential I tried to compare again on differnt pair then last time.
Before someone else points it out again one of the renko_am indis not supposed to work on renko commercial version or something to that affect & don't remember which one works with what, but looks like this one is working on my chart at the moment, & just posting for example question.
Maybe if some kind a relationship can be found between volume & time it takes a renko brick to form maybe can help trader, I don't know didn't see any difference between the two last time I looked into it.
PSSS:
If a renko brick is taking forever to form then market is very very slow &/or probably ranging on the time based charts. Forgot to add, I set the renko_am to 240 minutes in case anyone was wondering.
Attached Image (click to enlarge)
Click to Enlarge Name: compare volume and time renko bricks form.gif Size: 22 KB
  • #262
  • Dec 23, 2009 8:01pm Dec 23, 2009 8:01pm
Quoting 45Fxguy
Hi skylion,
Cool name......
Good answer,

Anyway watch closely GBPUSD maybe will broke High soon...

But i am done for today , i must go to sleep now...

Wish you many pips

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: watch.gif Size: 26 KB
"Buy on fear, sell on greed !!!
  • #263
  • Dec 24, 2009 4:20am Dec 24, 2009 4:20am
Hello guys,

This is one current trade we will see i was close to SL but in this condition on 2 holiday maybe i wil go to profit...WE will see..


I re-opened my position on GBPUSD we will see





Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: gop.gif Size: 29 KB
"Buy on fear, sell on greed !!!
  • #264
  • Dec 24, 2009 9:22am Dec 24, 2009 9:22am
Quoting Petar_Serbia
Hello guys,

This is one current trade we will see i was close to SL but in this condition on 2 holiday maybe i wil go to profit...WE will see..


I re-opened my position on GBPUSD we will see





Cheers
Ok,first lost on this week,lost 35 pips on GBPUSD but its ok,i gained 320+ this week

Also eurjpy is good trade for 30 pips,maybe will go more

This is current situation >

On GBPUSD we have second high
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eki.gif Size: 24 KB
Click to Enlarge Name: gop.gif Size: 26 KB
"Buy on fear, sell on greed !!!
  • #265
  • Dec 24, 2009 5:37pm Dec 24, 2009 5:37pm
Merry Christmas, & Happy New Year
"Buy on fear, sell on greed !!!
  • #266
  • Dec 28, 2009 8:20am Dec 28, 2009 8:20am
Hello guys,

This is current situation >

On GBPUSD we wait price to broke Second HIgh or low and on EURJPY we wait stick with mass above high ow below low...

Cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: secondhigh.gif Size: 27 KB
Click to Enlarge Name: eurojen.gif Size: 23 KB
"Buy on fear, sell on greed !!!
  • #267
  • Dec 28, 2009 9:15am Dec 28, 2009 9:15am
Please post your indicator that shows previous day high and previous day low. thanks!

Brian
Quoting 45Fxguy
Hi skylion,
Cool name......
  • #268
  • Dec 28, 2009 9:53am Dec 28, 2009 9:53am
Quoting golden1
Please post your indicator that shows previous day high and previous day low. thanks!

Brian
Here you go golden1
Attached File(s)
File Type: mq4 PowerLevels_v1.mq4   4 KB | 632 downloads
  • #269
  • Dec 28, 2009 9:58am Dec 28, 2009 9:58am
Quoting Petar_Serbia
Hello guys,

This is current situation >

On GBPUSD we wait price to broke Second HIgh or low and on EURJPY we wait stick with mass above high ow below low...

Cheers
Do you think this long will be good for 30:30 or 50:50 etc Petar?
  • #270
  • Dec 28, 2009 10:05am Dec 28, 2009 10:05am
Quoting 45Fxguy
Do you think this long will be good for 30:30 or 50:50 etc Petar?
Still no long position,candle not closed above high...Stil waiting to see what wil hapens...About GBPUSD, i think if price broke Second high,think better idea is 30:30...But i am not sure that will hapen...
Attached Image (click to enlarge)
Click to Enlarge Name: still.gif Size: 23 KB
"Buy on fear, sell on greed !!!
  • #271
  • Dec 28, 2009 10:26am Dec 28, 2009 10:26am
Quoting Petar_Serbia
Still no long position,candle not closed above high...Stil waiting to see what wil hapens...About GBPUSD, i think if price broke Second high,think better idea is 30:30...But i am not sure that will hapen...
Yea price action still too slow today. Is there's a website out there that helps track the most active pair/crosses in real time?
  • #272
  • Dec 28, 2009 10:41am Dec 28, 2009 10:41am
Quoting 45Fxguy
Yea price action still too slow today. Is there's a website out there that helps track the most active pair/crosses in real time?
Heh yea market is very slow today as i expect...

I think i have been on site about most active pairs but i must check that...
"Buy on fear, sell on greed !!!
  • #273
  • Dec 28, 2009 11:10am Dec 28, 2009 11:10am
Quoting 45Fxguy
Yea price action still too slow today. Is there's a website out there that helps track the most active pair/crosses in real time?
http://www.actionforex.com/technical...2007123134103/
The Only Constant Is Change!
  • #274
  • Dec 28, 2009 11:57am Dec 28, 2009 11:57am
Quoting JazzmanQ2
http://www.actionforex.com/technical...2007123134103/
Forgot all about that one, thanks Jazzman.
How about currency strength/weaknesses?
One again another.
  • #275
  • Dec 28, 2009 1:33pm Dec 28, 2009 1:33pm
Quoting 45Fxguy
Yea price action still too slow today. Is there's a website out there that helps track the most active pair/crosses in real time?
Hi folks

Take a look on this site... Maybe you find an answer


http://www.fx360.com/commentary/kath...ng-ranges.aspx

Good luck
  • #276
  • Dec 28, 2009 6:20pm Dec 28, 2009 6:20pm
Quoting Mihailo
Hi folks

Take a look on this site... Maybe you find an answer


http://www.fx360.com/commentary/kath...ng-ranges.aspx

Good luck
Thanks Mihailo for the site...

Still no trade,very slow market today,hope wil be better tomorow...

Cheers
"Buy on fear, sell on greed !!!
  • #277
  • Dec 29, 2009 4:39am Dec 29, 2009 4:39am
Morning guys,

Very good setups today

If anyone trade this method feel free to post your charts and results >

This is two setups from yesterday >

BOth 40 +


Cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: renkoeuro.gif Size: 25 KB
Click to Enlarge Name: renkogbp.gif Size: 28 KB
"Buy on fear, sell on greed !!!
  • #278
  • Dec 29, 2009 5:34am Dec 29, 2009 5:34am
Hi folks,

I’m new at this system, only a few days...

These are my results in last days...

I will post plausible gain but it isn’t same at my account because I’m using pending order and always put limited TP so I take 40 pips in every trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpaud.gif Size: 35 KB
Click to Enlarge Name: gpbusd.gif Size: 32 KB
Click to Enlarge Name: eurjpy.gif Size: 29 KB
Click to Enlarge Name: gain.gif Size: 15 KB
  • #279
  • Dec 29, 2009 5:52am Dec 29, 2009 5:52am
Correction!

GbpAud now going up to + 150
  • #280
  • Dec 29, 2009 6:42am Dec 29, 2009 6:42am
Quoting Mihailo
Hi folks,

I’m new at this system, only a few days...

These are my results in last days...

I will post plausible gain but it isn’t same at my account because I’m using pending order and always put limited TP so I take 40 pips in every trade.
Great trades Mihailo

WE have another setup formed od GBPUSD >

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: newbox.gif Size: 27 KB
"Buy on fear, sell on greed !!!
2 traders viewing now