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RENKO system with Mihailo!

  • #461
  • Nov 22, 2011 3:24am Nov 22, 2011 3:24am
So.. I noted (not first time) that trader (me) should be disciplined and attentive.. I missed some good trades today in Europian session on EUR, EURJPY and got some loses ((( hm... What yours trades today guys?
  • #462
  • Nov 22, 2011 3:26am Nov 22, 2011 3:26am
Quoting abc-forex
So.. I noted (not first time) that trader (me) should be disciplined and attentive.. I missed some good trades today in Europian session on EUR, EURJPY and got some loses ((( hm... What yours trades today guys?
Do not force trades... wait for good signal, watch for all parameters
  • #463
  • Nov 22, 2011 4:48am Nov 22, 2011 4:48am
Quoting Mihailo
Do not force trades... wait for good signal, watch for all parameters
Do you use EasyRider 1.1 for confirmation only?
  • #464
  • Edited 10:56am Nov 22, 2011 10:22am | Edited 10:56am
Quoting abc-forex
Do you use EasyRider 1.1 for confirmation only?
Well....

This is how I look at trading:

First of all I'm trading on few pairs not to take all the money in the world but to find excellent signal.

Every pair gives us at least one ideal signal per day. I'm waiting for it!

If you catch one ideal signal per day and your tp is 15 to 25 pips you can make 350 - 550 pips a month.

That is a huge amount if you multiply with your lot.

What I mean upon IDEAL SIGNAL?

It is a signal that contains all parameters of my system.

LONG

1. PA is NEARLY above CLOUD and CORAL

2. PA on M2 is ABOVE CORAL.

3. Fast trix crosses slow trix near the zero line and they are NEARLY above the zero line.

4. ALL blocks on my tools are blue after gray blocks!

5. NO daily pivot line, trend line, support or resistance line near in 25 pips!

In this 3 signals on the pictures you can catch 45 pips. Good for one day!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ideal signal.gif Size: 56 KB
Click to Enlarge Name: ideal signal 2.gif Size: 50 KB
Click to Enlarge Name: ideal signal 3.gif Size: 56 KB
  • #465
  • Nov 22, 2011 10:53am Nov 22, 2011 10:53am
Good afternoon to all:
This is the first time that I write in this forum and want firstly be grateful to Mihailo for share his amazing system. I've been reading all this posts and I opened a new account with a broker to test your system.
If you let me I want to participate with all of you and humbly share my thoughts and opinions.
Those are my trades for today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd 11 11 22.gif Size: 69 KB
Click to Enlarge Name: oil 11 11 22.gif Size: 69 KB
  • #466
  • Nov 22, 2011 12:15pm Nov 22, 2011 12:15pm
Quoting motar
Good afternoon to all:
This is the first time that I write in this forum and want firstly be grateful to Mihailo for share his amazing system. I've been reading all this posts and I opened a new account with a broker to test your system.
If you let me I want to participate with all of you and humbly share my thoughts and opinions.
Those are my trades for today.
Welcome man!

Nice trades!

Congrats!
  • #467
  • Nov 22, 2011 1:20pm Nov 22, 2011 1:20pm
Greetings all.

Just got through the thread and got all my indicators loaded. Read through the manual and anxious to get this up and running.

Quick question. The manual says first signal is chart going red or blue. Is that literally the case or do you just mean the "indicators" going red/blue.

Also it mentions the M2 being above/below the coral. On my M2 there is no coral line at all...just a bar chart. Do I need to add some indicator to it.

Thanks for the help and lets all post some trades so I can get the hang of it.
  • #468
  • Nov 22, 2011 1:25pm Nov 22, 2011 1:25pm
Quoting spyderman
Greetings all.

Just got through the thread and got all my indicators loaded. Read through the manual and anxious to get this up and running.

Quick question. The manual says first signal is chart going red or blue. Is that literally the case or do you just mean the "indicators" going red/blue.

Also it mentions the M2 being above/below the coral. On my M2 there is no coral line at all...just a bar chart. Do I need to add some indicator to it.

Thanks for the help and lets all post some trades so I can get the hang of it.

The whole screen will literraly turn blue or red.

And as for the M2 chart... he is talking about the Stratman Mini chart V2 that is on the lower left of the main chart. There should be a coral indicator on that little chart. You don't need to switch windows.
Small disciplines repeated with consistency lead to great achievements.
  • #469
  • Nov 22, 2011 1:29pm Nov 22, 2011 1:29pm
Quoting jmflukeiii
The whole screen will literraly turn blue or red.

And as for the M2 chart... he is talking about the Stratman Mini chart V2 that is on the lower left of the main chart. There should be a coral indicator on that little chart. You don't need to switch windows.

Thanks JM

Just found the M2. I think I'll get rid of all the mini charts that clutter the screen. Anyone finding them particularly useful???
  • #470
  • Nov 22, 2011 1:40pm Nov 22, 2011 1:40pm
Quoting Mihailo
HI friend!

Sorry for slow respond

1. Open two m1 charts of pair that zou want to trade.

2. On first one apply Template M2

3. On first one apply template M3

4. Open offline chart M2

5. Open offline chart M3, aplly Renko Thv template
Hey why do you need both an M2 and an M3?

What happens if I just apply the Renko Thv template to the M2? (I'm trying to set up AU, but can't open an offline M3 for some reason). The template put on an M2 chart looks identical.. the bars are 5 pips.

Also, any disadvantage to removing the HA candles that you can think of?? I haven't had a problem so far, I find that they blur my vision of the price a bit too much. I just wanted the creator's opinion however.
Small disciplines repeated with consistency lead to great achievements.
  • #471
  • Nov 22, 2011 1:40pm Nov 22, 2011 1:40pm
Quoting spyderman
Thanks JM

Just found the M2. I think I'll get rid of all the mini charts that clutter the screen. Anyone finding them particularly useful???
I take them off as well
Small disciplines repeated with consistency lead to great achievements.
  • #472
  • Nov 22, 2011 2:06pm Nov 22, 2011 2:06pm
Quoting jmflukeiii
Hey why do you need both an M2 and an M3?

What happens if I just apply the Renko Thv template to the M2? (I'm trying to set up AU, but can't open an offline M3 for some reason). The template put on an M2 chart looks identical.. the bars are 5 pips.

Also, any disadvantage to removing the HA candles that you can think of?? I haven't had a problem so far, I find that they blur my vision of the price a bit too much. I just wanted the creator's opinion however.
Welcome

Just do as it says in the post 260 and you will set AU.

M2 is to confirm the trend. there is no template for m2.

you can remove HA of course. Its up to you how do you feel good!
  • #473
  • Nov 22, 2011 2:57pm Nov 22, 2011 2:57pm
Quoting brijon
y
Thanks brijon!

Nice word from a great trader means a lot!
  • #474
  • Nov 22, 2011 3:20pm Nov 22, 2011 3:20pm
Fantastičan sistem, sve pohvale.
Fantastic system, all the praise.
  • #475
  • Nov 22, 2011 4:10pm Nov 22, 2011 4:10pm
Quoting newnew
Fantastičan sistem, sve pohvale.
Fantastic system, all the praise.
Welcome!

Dobrodošao!
  • #476
  • Nov 22, 2011 9:03pm Nov 22, 2011 9:03pm
Hello Mihailo,

I have been trading with your system and I very like it.

I usually use 30M and 1HR timeframe to trading AU, but i don't understand "M2 M3 chart" is 2 and 3 minute timeframe?

I apply the renko thv template , and have some problem,please help me.THX

1,renko M2 is disappeared only,i think i missed your history file,but i don't trade ERUJPY ... so i changed the Stratman_MiniChart_v20 properties "TimeFrame" to M1, and renko show me the classic candle not the renko candle.
2,I try to change the minichart's timeframe to higher on bottom,but it can not refresh,default is ok.

Regards
  • #477
  • Nov 23, 2011 12:09am Nov 23, 2011 12:09am
Quoting Mihailo
Well....

This is how I look at trading:

First of all I'm trading on few pairs not to take all the money in the world but to find excellent signal.

Every pair gives us at least one ideal signal per day. I'm waiting for it!

If you catch one ideal signal per day and your tp is 15 to 25 pips you can make 350 - 550 pips a month.

That is a huge amount if you multiply with your lot.

What I mean upon IDEAL SIGNAL?

It is a signal that contains all parameters of my system.

LONG

1. PA is NEARLY above CLOUD and CORAL

2. PA on...
Thank You Mihailo very much for Your response. This was very good and detailed.

But I have another question: Do you trade one good deal in each pair per day?
  • #478
  • Edited 12:29am Nov 23, 2011 12:14am | Edited 12:29am
Mihailo what do you think about these setups? (AUD and EUR against USD)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-11-23 10-15 AUD SELL.PNG Size: 45 KB
Click to Enlarge Name: 2011-11-23 10-30 AUD&EUR SELL www.abc-forex.ru.PNG Size: 49 KB
  • #479
  • Edited 1:47am Nov 23, 2011 12:27am | Edited 1:47am
Quoting abc-forex
Mihailo what do you think about this setup?
Well....

1. Too far from Coral

2. Double bottom looks like strong support

This is not good enter, mayby for 5 - 6 pips and get out.
Im not by my PC and Im answering from my phone looking at your picture. My answer is not something that you can relay on.
  • #480
  • Nov 23, 2011 12:32am Nov 23, 2011 12:32am
Quoting Mihailo
Well....

1. Too far from Coral

2. Double bottom looks like strong support

This is not good enter, mayby for 5 - 6 pips and get out.
Im not by my PC and Im answering from my phone looking at your picture. My answer is not smething that you can relay on.


3.
Ooo.. Thank you. Very fast!

Do you trade when price cross Coral (or near from Coral) only?
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