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  • #801
  • Jan 26, 2015 2:41pm Jan 26, 2015 2:41pm
Quoting pipolo
Long @1.12764 SL 20 pips {image}
I admire your persistence, I am curious as to why you are convinced that the EU is going up.
I look at this HTF chart and there is room above to the 200% EXP of the 123, but there is an S&R level and a falling trendline that have slowed things down some what, 3 clear legs up so a pullback is due, Stochastics has been OB all day, ok, I agree, oscillators can remain OB for some time and price can continue to climb, but we still are in a confirmed down trend so any move up is counter trend and shouldn't be chased. And as Jaquemate has pointed out from the low to the 161.8% exp it is 166 pips, in fact the low to london open was 150 pips so the days range had already been completed.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM10 260115.png Size: 51 KB
Cut your Losers short and let your Winners run.
  • #802
  • Jan 26, 2015 3:20pm Jan 26, 2015 3:20pm
Quoting dee50
{quote} I admire your persistence, I am curious as to why you are convinced that the EU is going up. I look at this HTF chart and there is room above to the 200% EXP of the 123, but there is an S&R level and a falling trendline that have slowed things down some what, 3 clear legs up so a pullback is due, Stochastics has been OB all day, ok, I agree, oscillators can remain OB for some time and price can continue to climb, but we still are in a confirmed down trend so any move up is counter trend and shouldn't be chased. And as Jaquemate has pointed...
...and my DailyUP is 1.1271 ...DailyLow = 1.1119, ATR[5] =175pips ...
  • #803
  • Jan 26, 2015 3:22pm Jan 26, 2015 3:22pm
E/U SL -20
Attached Image (click to enlarge)
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  • #804
  • Jan 26, 2015 3:53pm Jan 26, 2015 3:53pm
Quoting pipolo
E/U SL -20 {image}
1. Colour 30M/1H HeikenAshi == Direction of Your Trade.
It's simple "mechanical method" to avoid such trades. This information would tell U to expect S from 1.1271
  • #805
  • Jan 26, 2015 10:42pm Jan 26, 2015 10:42pm
Quoting dee50
{quote} I admire your persistence, I am curious as to why you are convinced that the EU is going up. I look at this HTF chart and there is room above to the 200% EXP of the 123, but there is an S&R level and a falling trendline that have slowed things down some what, 3 clear legs up so a pullback is due, Stochastics has been OB all day, ok, I agree, oscillators can remain OB for some time and price can continue to climb, but we still are in a confirmed down trend so any move up is counter trend and shouldn't be chased. And as Jaquemate has pointed...
I agree completely, very well put.
  • #806
  • Jan 27, 2015 1:17am Jan 27, 2015 1:17am
Hi everyone:

This is that i think will happens today.

One image is better that a lot of explanations. For me trend is down. Only wait for a retrace and go to renko 5 or renko 3 and take all potential entries.

Regards.
Attached Image(s) (click to enlarge)
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That which you give to others, life will return it in spades
  • #807
  • Jan 27, 2015 1:25am Jan 27, 2015 1:25am
+10 pips from short ej earlier. I would like to ask how to determine an exit point from the renko bar?
  • #808
  • Jan 27, 2015 1:33am Jan 27, 2015 1:33am
Maybe now.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM16.png Size: 47 KB
That which you give to others, life will return it in spades
  • #809
  • Jan 27, 2015 1:59am Jan 27, 2015 1:59am
Quoting Jaquemate
Maybe now. {image}
Seems like a ab=cd to me. Out of position with +10 pips ^^ my first live profit from renko. If it extends out i will long.
  • #810
  • Jan 27, 2015 2:25am Jan 27, 2015 2:25am
Quoting Jaquemate
Maybe now. {image}
Thanks Jaquemate ! I like this pair EJ.
...also EURCHF looks interesting ...sooner or later CHF will be weak
  • #811
  • Jan 27, 2015 2:32am Jan 27, 2015 2:32am
I only trade AUDUSD, EURJPY and EURUSD. For me is enought and is not estressfull.

In past im attemp to trade 7-10 crosses but im not comforble with it.

When i trade only one-two crosses i can follow easily the movements with special atention.

Regards.
That which you give to others, life will return it in spades
  • #812
  • Jan 27, 2015 2:47am Jan 27, 2015 2:47am
I really like using renko wif Nihilist trend. Another +30 pips in the bag for me for long ej
  • #813
  • Jan 27, 2015 2:50am Jan 27, 2015 2:50am
hello mates,
busy days at work, little time to follow eu and the 3d..
Today I took a look.
eu fight with level 12900 or BRN 1.3000 . 3 attacks and break.

waiting for a good short position...
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nescentia necat
  • #814
  • Jan 27, 2015 2:53am Jan 27, 2015 2:53am
Today buyers are in control:

The last H1 bar breaks down daily trend.

Last H1 HA says UP too. May be Price is looking to touch 200 EMA. I will looking for shorts in another momento. For intraday traders is a good day.
Attached Image(s) (click to enlarge)
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That which you give to others, life will return it in spades
  • #815
  • Jan 27, 2015 3:04am Jan 27, 2015 3:04am
Quoting Jaquemate
Today buyers are in control: The last H1 bar breaks down daily trend. Last H1 HA says UP too. May be Price is looking to touch 200 EMA. I will looking for shorts in another momento. For intraday traders is a good day. {image} {image}
yes is a good day for intraday traders. I think the bulls are going to push eur up abit further,so if anyone is shorting should be careful.
  • #816
  • Edited 4:24am Jan 27, 2015 4:08am | Edited 4:24am
Quoting stevox
I would like to ask how to determine an exit point from the renko bar?
There are many ways.
You can get out on the first opposite bar
or if you want to give it room to breath add a 7 moving average with shift 6 and when price hits the MA7 you get out?
If you lose too many pips on the retrace then do some experimenting, maybe pick a higher MA eg 11 without shift or a smaller shift number
Have a nice day
  • #817
  • Jan 27, 2015 4:39am Jan 27, 2015 4:39am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM10.png Size: 42 KB


+22 The colour of 10pip RenkoChart has changed ...so I expect next 10-20pips. S 1.1312-1.1290
  • #818
  • Jan 27, 2015 4:44am Jan 27, 2015 4:44am
Quoting Aeb82
{image} +22 The colour of 10pip RenkoChart has changed ...so I expect next 10-20pips. S 1.1312-1.1290
same position, but a little bit in late..

i'm looking also this structure..
Attached Image (click to enlarge)
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nescentia necat
  • #819
  • Jan 27, 2015 8:26am Jan 27, 2015 8:26am
today's action is a great illustration of trade what u see not what u think. Personally, I try not to anticipate where the market is going. I trade in the direction of the stoch and the Renko bar on the 10 pip. The only times imlose trading this method are when I break that rule or a, not patient for a clean setup.
  • #820
  • Jan 27, 2015 9:11am Jan 27, 2015 9:11am
EU +80 +65. Couple more in the pot. I agree with Panamamike.
1st entry was a really deep pull back but there was Divergence although not at a significant level, so for me a mixed signal. 2nd entry was an identical setup so I was prepared to have another go particularly as the first one went smoothly to TP, I targeted the uncompleted 200% exp as it was also confluence with a prior S&R level and just above, a 50% retr followed by a BRN.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
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