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RENKO system with Mihailo!

  • #541
  • Nov 24, 2011 6:59am Nov 24, 2011 6:59am
Quoting abc-forex
Wooow.. Your drowdown was about 40 pips! Is it normal for you?
It was small lot size

Im always risking around 3% of account.

I was waiting to cross pivot line for a 12 points and than to close negative.
  • #542
  • Nov 24, 2011 7:08am Nov 24, 2011 7:08am
Quoting abc-forex
Your MoneyFlowIndex parameters are 13 0 but in the tpl-files in the post1 - 8 0...
I was testing something and accidentally save the template with MFI 13.

For me its better with 8... Change if you want and save the template with the new settings
  • #543
  • Nov 24, 2011 7:16am Nov 24, 2011 7:16am
Quoting abc-forex
I hope we will see signal on EURUSD soon..

Be carefull - this is not valid signal but maybe..

----

Update: but AUDUSD wants to go UP soon (see pic2).. maybe.. hmm.. This is opposit signal against USD.. What do you think? What about Holiday in USA today? Is will be any good movements today?
This is how I feel about Holidays....

I dont trade on holidays... just practicing with small lot.

When big traders are resting some trader from Iran can move the market!

You dont want that to be happend!

I dont trade on:

1. Bank holidays

2. Religious holidays in Orthodox and Catholic Christianity.

3. International holidays.
  • #544
  • Nov 24, 2011 7:44am Nov 24, 2011 7:44am
GBP SELL signal
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-11-24 17-35 GBP SELL www.abc-forex.ru.PNG Size: 46 KB
  • #545
  • Nov 24, 2011 7:46am Nov 24, 2011 7:46am
Quoting dx111
What do you think about this enter? Not far from cross trix?
This is not a sam e but similar as ABC trade before on GBP

1. M2 close to Coral and possible pull back down....

2. Far away from the cloud

3. Trix away from the zero line

4. 4th hit at the trend line

Im not sure that I would enter here. Maybe with small lot and for 5 - 7 pips just for fun!
Attached Image (click to enlarge)
Click to Enlarge Name: eu5.gif Size: 52 KB
  • #546
  • Nov 24, 2011 7:49am Nov 24, 2011 7:49am
Quoting abc-forex
GBP SELL signal
Could be a nice one! but not more than 13 - 15 pips!
  • #547
  • Nov 24, 2011 8:03am Nov 24, 2011 8:03am
Quoting Mihailo
Could be a nice one! but not more than 13 - 15 pips!
Why not more then 15 pips? How do you calculate your future profit?

For me: this was almost ideal signal. Maybe I am not right of course..
  • #548
  • Nov 24, 2011 8:20am Nov 24, 2011 8:20am
Quoting abc-forex
Why not more then 15 pips? How do you calculate your future profit?

For me: this was almost ideal signal. Maybe I am not right of course..
Signal was ideal.... But today is holiday and you must be cautious!
  • #549
  • Nov 25, 2011 12:03am Nov 25, 2011 12:03am
Quoting Mihailo
Signal was ideal.... But today is holiday and you must be cautious!
but movements of currency were very good! isn't it?
  • #550
  • Nov 25, 2011 12:41am Nov 25, 2011 12:41am
Quoting abc-forex
but movements of currency were very good! isn't it?
Yes it was, and that has no matter with being cautious!
  • #551
  • Nov 25, 2011 1:16am Nov 25, 2011 1:16am
Morning surprise!
Attached Image (click to enlarge)
Click to Enlarge Name: morning suprise!.gif Size: 55 KB
  • #552
  • Nov 25, 2011 4:15am Nov 25, 2011 4:15am
Quoting Mihailo
Morning surprise!
Europian session brings me some pips! Thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-11-25 14-15 GBP CLOSE www.abc-forex.ru.PNG Size: 42 KB
Click to Enlarge Name: 2011-11-25 14-15 EURJPY CLOSE www.abc-forex.ru.PNG Size: 41 KB
  • #553
  • Nov 25, 2011 4:41am Nov 25, 2011 4:41am
Quoting abc-forex
Europian session brings me some pips! Thanks
perfect setup on the pound abc!!
  • #554
  • Nov 25, 2011 4:44am Nov 25, 2011 4:44am
Quoting Jon618
perfect setup on the pound abc!!
I think that not so perfect bcz not all blocks are red when I entered.. This was risky
  • #555
  • Nov 25, 2011 4:57am Nov 25, 2011 4:57am
GBPUSD:
26 pips at 0.50 lot
36 pips at 0.50 lot

OIL:
10 pips at 2 lots

Not bad 30 mins. of work...
I think I can rest for today.

Good weekend to all.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd 11 11 25.gif Size: 75 KB
Click to Enlarge Name: oil 11 11 25.gif Size: 71 KB
  • #556
  • Nov 25, 2011 4:57am Nov 25, 2011 4:57am
Quoting abc-forex
I think that not so perfect bcz not all blocks are red when I entered.. This was risky
ok, yea the boxes weren't all red, but price came up to the top of the channel in lower lows and lower highs, and if you look at the trix setup of divergence followed by and cross of the fast and slow line, it was a very good indication of a short trade coming up.
im liking this system more and more!!!
  • #557
  • Nov 25, 2011 5:55am Nov 25, 2011 5:55am
Quoting Jon618
if you look at the trix setup of divergence followed by and cross of the fast and slow line, it was a very good indication of a short trade coming up
Thank your for your comment!
Is this one of the rules of classic THV system? (this is my question bcz I don't know classic THV so good.. only in general)
  • #558
  • Nov 25, 2011 6:04am Nov 25, 2011 6:04am
Quoting motar
Not bad 30 mins. of work...
... but how long are waiting these signals? (I think more then 30 mins))))

The disadvantage of this system (and almost all scalping system) is that we must seat near our monitors for a long time waiting the signal..
  • #559
  • Nov 25, 2011 6:27am Nov 25, 2011 6:27am
Quoting motar
GBPUSD:
26 pips at 0.50 lot
36 pips at 0.50 lot

OIL:
10 pips at 2 lots

Not bad 30 mins. of work...
I think I can rest for today.

Good weekend to all.
Excelent!

  • #560
  • Nov 25, 2011 6:29am Nov 25, 2011 6:29am
Quoting abc-forex
Europian session brings me some pips! Thanks
Fantasic!
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