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Magnetic Line Trading with KiwiOz

  • #1,241
  • Nov 24, 2014 8:51pm Nov 24, 2014 8:51pm
Quoting Islander
{quote} ....THE reality is that he needs both hands to find it.......I have better uses for mine @KO - I noticed you there and I also checked out Kaid's three threads and I don't see any additional benefit for all of his great hard work.... {image}
Yeah gotta agree with you there. Kiads has some great work & taught me all about Renko originally. Jaquemates Renko is very basic compared with Kiads' but I think that's the attraction. Basic & simple. Very easy to interpret & with the Heiken overlay, super cool to use.

Also, I don't see the need for ANY other indicators with this system.
Money Makes Money
  • #1,242
  • Nov 24, 2014 11:34pm Nov 24, 2014 11:34pm
Just when I put some on !

Didn't know which thread to post this in, as it's in response to a chart you posted in Jaquemates thread. Was just going to say you are probably right, but you did teach me to go for the less ambitious targets.


Attached Image (click to enlarge)
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Good Trading
  • #1,243
  • Nov 24, 2014 11:52pm Nov 24, 2014 11:52pm
I redrew the NZ with the benefit of hindsight, so it doesn't count (must stop an old habit of looking where you get the most touches on a line), however it was the same move as the AU.


Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM2.png Size: 23 KB
Good Trading
  • #1,244
  • Nov 25, 2014 3:52am Nov 25, 2014 3:52am
Quoting aud
Just when I put some on ! Didn't know which thread to post this in, as it's in response to a chart you posted in Jaquemates thread. Was just going to say you are probably right, but you did teach me to go for the less ambitious targets. {image}
Yup & it paid off...Hope you are back in again. Target now 0.8315
Money Makes Money
  • #1,245
  • Edited 1:42am Nov 26, 2014 1:09am | Edited 1:42am
Quoting KiwiOz
{quote} Yup & it paid off...Hope you are back in again. Target now 0.8315
Nope - didn't see it Had this.


Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 34 KB
Good Trading
  • #1,246
  • Nov 26, 2014 5:03am Nov 26, 2014 5:03am
Quoting aud
{quote} Nope - didn't see it Had this. {image}
Aahh. Knowing AU is in a down trend you should have been watching for more down movement & had this.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 34 KB
Click to Enlarge Name: AUDUSDDaily.png Size: 29 KB
Money Makes Money
  • #1,247
  • Nov 26, 2014 5:11am Nov 26, 2014 5:11am
Quoting KiwiOz
{quote} Aahh. Knowing AU is in a down trend you should have been watching for more down movement & had this. {image} {image}
.....Nicely done KiwiOz....
The Chonchy
  • #1,248
  • Nov 26, 2014 5:51am Nov 26, 2014 5:51am
Quoting chonchy
{quote} .....Nicely done KiwiOz....
Hey chonchy. You still wrestling with that mongrel Eur/Usd. I see it's heading down again.
Money Makes Money
  • #1,249
  • Nov 26, 2014 6:08am Nov 26, 2014 6:08am
Apologies for the other stuff on this chart, but I am a great believer in Carolyn Boroden's "Schronicity" approach....
Attached Image (click to enlarge)
Click to Enlarge Name: nov26 dax 4hr.png Size: 49 KB
Trading Levels with WRBs
  • #1,250
  • Nov 26, 2014 8:00am Nov 26, 2014 8:00am
Quoting Islander
Apologies for the other stuff on this chart, but I am a great believer in Carolyn Boroden's "Schronicity" approach.... {image}
Money Makes Money
  • #1,251
  • Edited 10:26am Nov 26, 2014 10:00am | Edited 10:26am
Quoting KiwiOz
{quote} Aahh. Knowing AU is in a down trend you should have been watching for more down movement & had this. {image} {image}
Hi KO + all,

for AU, would this seem like a reasonable ST target? Expecting it bounce off the blue res. before turning to down. Cheers

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB


Edit: actually looking at the 4hr+ it might be a bit ambitious to get the full distance - longer term sup. is just above from my view point. Lets see
  • #1,252
  • Nov 26, 2014 3:42pm Nov 26, 2014 3:42pm
Quoting KiwiOz
{quote} Hey chonchy. You still wrestling with that mongrel Eur/Usd. I see it's heading down again.
The Chonchy
  • #1,253
  • Nov 26, 2014 4:13pm Nov 26, 2014 4:13pm
Quoting gjgjg
{quote} Hi KO + all, for AU, would this seem like a reasonable ST target? Expecting it bounce off the blue res. before turning to down. Cheers {image} Edit: actually looking at the 4hr+ it might be a bit ambitious to get the full distance - longer term sup. is just above from my view point. Lets see
Well... since it didn't bounce off resistance to head down and instead broke up through it to start an uptrend, I guess this might be a long target instead?
Any comments, criticism and feedback are welcome!
Cheers
g
Attached Image (click to enlarge)
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  • #1,254
  • Edited Nov 27, 2014 7:08am Nov 26, 2014 5:15pm | Edited Nov 27, 2014 7:08am
Happy thanksgiving to any Americanos here........

https://encrypted-tbn2.gstatic.com/i...SN8jlpZ1dTzVUW
The Chonchy
  • #1,255
  • Nov 26, 2014 6:45pm Nov 26, 2014 6:45pm
Quoting aud
{quote} Nope - didn't see it Had this. {image}
Looks like you had it right "Prematurely" but just got the timing out.... Went down now on it's way back up..
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 37 KB
Money Makes Money
  • #1,256
  • Nov 26, 2014 6:59pm Nov 26, 2014 6:59pm
Quoting gjgjg
{quote} Well... since it didn't bounce off resistance to head down and instead broke up through it to start an uptrend, I guess this might be a long target instead? Any comments, criticism and feedback are welcome! Cheers g {image}
You got it spot on mate...
Money Makes Money
  • #1,257
  • Nov 26, 2014 7:01pm Nov 26, 2014 7:01pm
Quoting KiwiOz
{quote} Looks like you had it right "Prematurely" but just got the timing out.... Went down now on it's way back up.. {image}
Looks like that was wave 5. So now the retrace before continuation of the main down trend..
Money Makes Money
  • #1,258
  • Nov 27, 2014 8:39am Nov 27, 2014 8:39am
Quoting KiwiOz
{quote} You got it spot on mate...
Thanks KO!
Going to stick at it, the more lines I draw the more I likes

Possible low target if Auz just broke south of a small support line. Seems a little ambitious, lets see...
Attached Image
  • #1,259
  • Nov 27, 2014 7:04pm Nov 27, 2014 7:04pm
Quoting gjgjg
{quote} Thanks KO! Going to stick at it, the more lines I draw the more I likes Possible low target if Auz just broke south of a small support line. Seems a little ambitious, lets see... {image}
That target should be spot on for a minor retrace then on down to the Daily chart target at 0.8370..
Money Makes Money
  • #1,260
  • Nov 30, 2014 9:04pm Nov 30, 2014 9:04pm
Going for a little long punt from the bottom. Some old lines picked this level which is eery / .

Attached Image (click to enlarge)
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Corripe Cervisiam!
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