Fxkred's Renko System

One possible outcome for EU H1 timeframe?

Today's gift from EU a beautiful Wolfe wave.

The same happened to GU. Is it a Wolfe Xmas today?

GU Pitchforked.

More convenient to be a gold-miner nowadays, then 150 years ago
Sitting in an armchair behind the PC.
Yesterdays gold trade with a help of wolfe wave.

HI!

What indicator do you use for identifying Wolfe Waves?

Thank you!
Dan

I think he uses his eyes. try the attached indis (can´t tell more, because I never used them)

Elliot wave to be completed on AAPL?

Euro Wolfe and Gold Wolfe today.

EURHUF h1 Elliot

In gold, one Wolfe, one Gartley together.

Wolfe strategy for EU.

great, I have just one problem: my broker doesn´t accept orders for yesterday ;-)
( you didn´t take this one in your demo account - did you take it in your live account?)

It was a 4 week demo contest, and every account was valid for a week. That is why it was not played on the account, as I was not able to.

If you want to win a Demo contest then have to forget about money management, so it is very dangerous to to judge the performance by the result, as mostly it is a gambling.

In the view of thread more fruitful if only the trades would be played which would be documented later by the cause why played it. Otherwise I like to make experiment and more convenient to make experimental trade on demo account then live account.

So I will open another demo account and try to document the cause why I am opening a trade. Sometimes real time sometimes later as my schedule will allow me.

thanks for your explanation. i was wondering why someone who can trade 9 winners in a row blows off all profit in 1 trade. now it makes sense.

Holiday is over, so I have opened another demo account to share my trades.
I choose the FXCM as I found a great android forex program called TradeInterceptor, unfortunately support only a few mt4 broker.
I have to made a blind trade to initialize the trade explorer, the next trades are more serious.
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Well, I want to share a yesterdays Eu trade, it was so beautiful, that I start tearing every occasion I remember

A good opportunity on H1 GBPCHF.

Wolfe wave, 1:3 RR, no need more word

Not very lucky with that GBPCHF trade, run immediately a sideway move after going short for Wolfe Wave.
maybe the stops were tight before NFP. Who knows.
Took my stops and going to right way .

Well the bigger problem is that FXCM does not have a gold on demo account so could not post the gold trades.
Have to change to another broker if I want to show more.

Hi Fxkred,

You can trade gold, along with silver, oil and stock indices on an FXCM UK demo account. Here's a link to register a free FXCM UK demo.

Jason

hello fxkred i read your leacture on ur renka couter it wonderful u are just a fx genius. pls i still dont understand what u mean by counter and the closing line also. thanks