More simple is impossible | Page 46 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

More easy is impossible 17 replies

long-run profits impossible with short-term trading? 39 replies

Attachments: More simple is impossible
Exit Attachments

More simple is impossible

  • #901
  • Edited 7:38am Feb 5, 2015 6:59am | Edited 7:38am
Quoting panamamike
Bob marley, jimmy buffet....a lot of good beach music �� {quote}
hehehehe


this may be a divergence point..?
on 10 renko stoch back in 80 levels, div on 61.8 fibo/weekly res..1.14500 lev
waitng for NY open..and news
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Schermata 2015-02-05 alle 13.57.30.png Size: 30 KB
Click to Enlarge Name: Schermata 2015-02-05 alle 13.57.48.png Size: 74 KB
nescentia necat
  • #902
  • Feb 5, 2015 7:51am Feb 5, 2015 7:51am
FWIW....divergence appearing on 10 pip charts for eu EJ and AU. All are above daily adr. Will look for cycle turn down on 10 pip stoch and then look for shorts. A breakout above today's highs negates the plan. My .02
  • #903
  • Feb 5, 2015 7:53am Feb 5, 2015 7:53am
Breakout above could cause fast move.....some usd repositioning ahead of employment report...just some thoughts
  • #904
  • Feb 5, 2015 9:11am Feb 5, 2015 9:11am
Quoting panamamike
Green pips to all today....
Hello Panamamike, sent you a PM asking for the name of your VPS provider. Hope you can reply back.

Thanks
  • #905
  • Feb 5, 2015 11:10pm Feb 5, 2015 11:10pm
hello

I am just wondering if anyone using renko charts in higher time frame, like 4H charts?
because I am a part time trader, M3 M5 M10 all those are not available for me
thanks in advace

bsh
patience is a virtue
  • #906
  • Feb 6, 2015 2:38am Feb 6, 2015 2:38am
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-02-06 alle 09.06.18.png Size: 28 KB
hi all!
Yesterday I was waiting for a short position. I was convinced that the price would go down, Stoch, div, S / R and fibo I suggested this. I worked on abcd, fibo exp. and a thousand things. while the price in the first stable, then went up. convinced of the expected short... and the price went up. I thought the same mistake again? convince you in your position and not look at the price objectively??
well, reset of thought. the price goes up, try a long position.
trade what you see! eu breaks the compression zone that I had marked (red) and I open a position.
eu +31.
I close on resistance (yellow line), may be double top. place a sell stop.
in the night/morning the resistance does his duty and the price returns to the red zone,
short eu +20.
Now let's see what does the day.
trade what you see, I'm printing a poster to attack behind the monitor!
thanks mates to share your views and do think the rookies like me!
green pips to all..
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-02-06 alle 09.45.20.png Size: 88 KB
nescentia necat
  • #907
  • Feb 6, 2015 2:57am Feb 6, 2015 2:57am
Quoting blueseahorse
hello I am just wondering if anyone using renko charts in higher time frame, like 4H charts? because I am a part time trader, M3 M5 M10 all those are not available for me thanks in advace bsh
hi blueseahorse,
renko graph does not depend on timeframe that you use ... the movement of the graph is based on the movement of the price, not by time.
nescentia necat
  • #908
  • Feb 6, 2015 2:59am Feb 6, 2015 2:59am
I suggest you you go research Renko charts. They are based solely on price movement. Time is not a factor.


Quoting blueseahorse
hello I am just wondering if anyone using renko charts in higher time frame, like 4H charts? because I am a part time trader, M3 M5 M10 all those are not available for me thanks in advace bsh
  • #909
  • Feb 6, 2015 3:11am Feb 6, 2015 3:11am
Quoting friska
{quote} hehehehe this may be a divergence point..? on 10 renko stoch back in 80 levels, div on 61.8 fibo/weekly res..1.14500 lev waitng for NY open..and news {image} {image}
Hello Friska, please can you share the indi at the bottom of your chart that has red and green colour like histo?
  • #910
  • Feb 6, 2015 3:26am Feb 6, 2015 3:26am
Quoting Esosa
{quote} Hello Friska, please can you share the indi at the bottom of your chart that has red and green colour like histo?
of course,
here it is.
Attached File(s)
File Type: ex4 Solar Winds joy - histo.ex4   12 KB | 427 downloads
File Type: mq4 Solar Winds joy - histo.mq4   3 KB | 449 downloads
nescentia necat
  • #911
  • Feb 6, 2015 3:44am Feb 6, 2015 3:44am
Quoting panamamike
Breakout above could cause fast move.....some usd repositioning ahead of employment report...just some thoughts
nescentia necat
  • #912
  • Edited 8:03am Feb 6, 2015 5:40am | Edited 8:03am
Quoting friska
{quote} hi blueseahorse, renko graph does not depend on timeframe that you use ... the movement of the graph is based on the movement of the price, not by time.
pana and friska, thanks a lot! I will try to use it compared to H4 chart
patience is a virtue
  • #913
  • Feb 6, 2015 9:09am Feb 6, 2015 9:09am
seems quite nice using Renko
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB
patience is a virtue
  • #914
  • Feb 6, 2015 9:30am Feb 6, 2015 9:30am
It is an interesting way of looking at things, I've got a template set up now to look at 10 & 20 pip Renko's and also 240 min & Daily charts for the big picture.
Attached Image (click to enlarge)
Click to Enlarge Name: Renko overview.png Size: 92 KB
  • #915
  • Feb 6, 2015 9:38am Feb 6, 2015 9:38am
EU NFP +117. Strong reports like this NFP usually have a second wave after the initial profit taking, when PA returns to normal but continues in the direction of the report reaction. Just make sure that there is enough pips available to justify your entry. On the 3 pip renko at least 3 opportunities to grab a few before any significant S&R levels are hit.
Attached Image (click to enlarge)
Click to Enlarge Name: EU NFP +117 060215.png Size: 57 KB
Cut your Losers short and let your Winners run.
  • #916
  • Feb 6, 2015 9:46am Feb 6, 2015 9:46am
Quoting blueseahorse
seems quite nice using Renko {image}
Out of curiosity what brick size are you using?
Cut your Losers short and let your Winners run.
  • #917
  • Feb 6, 2015 10:48am Feb 6, 2015 10:48am
Quoting dee50
{quote} Out of curiosity what brick size are you using?
Don't bother. I worked it out.
Cut your Losers short and let your Winners run.
  • #918
  • Feb 6, 2015 11:08am Feb 6, 2015 11:08am
Quoting friska
{quote} of course, here it is. {file} {file}
thanks man
  • #919
  • Feb 6, 2015 11:36am Feb 6, 2015 11:36am
Quoting dee50
EU NFP +117. Strong reports like this NFP usually have a second wave after the initial profit taking, when PA returns to normal but continues in the direction of the report reaction. Just make sure that there is enough pips available to justify your entry. On the 3 pip renko at least 3 opportunities to grab a few before any significant S&R levels are hit. {image}
I'm not able to get on the news, for me is an extreme sport!
however today I tried because the nfp was really strong and with a clear direction.
nothing compared to your entry.
strong trade dee
nescentia necat
  • #920
  • Feb 7, 2015 4:19am Feb 7, 2015 4:19am
Quoting dee50
{quote} Don't bother. I worked it out.
it is 25 pips brick size, I usually trade on H4 charts, so need to use larger size
patience is a virtue
3 traders viewing now