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  • #941
  • Feb 9, 2015 1:56pm Feb 9, 2015 1:56pm
Quoting civilpes2001
{quote} I trade according to genesis matrix method, I have been comfortable with it for a long time, but i am impressed how people here trade with renko , divergence & HTF. very impressed. try to do it for myself few times, but couldn't able to pull the trigger, I am just an observer here and along the way I am learning too...
I understand, nice,I saw the 3d some time ago and I was intrigued. I will give you a look in more detail if you say so. maybe it can be integrated in this method..what do you think about?
nescentia necat
  • #942
  • Feb 9, 2015 1:56pm Feb 9, 2015 1:56pm
Quoting Hercs
{quote} Hello Friska, Without any disrespect, this indicator i THE worst re-painter of all repainting indicators. Best to delete it from fx-trading all together. I noticed a number of you downloaded it - take it off and bury it 10 fathoms under the sea. Sincerely,
hahahaha ok! thanks for the warning!!I was looking for a cycle indicator and I was trying this, I do not really look at it and then it was already in my intentions clear it. but rightly to those who use it is fair to say ..least is colorful...heehe

thank you!
nescentia necat
  • #943
  • Feb 9, 2015 4:22pm Feb 9, 2015 4:22pm
I use : Auto-Pivot Plotter Weekly V1-00.mq4
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  • #944
  • Feb 9, 2015 5:06pm Feb 9, 2015 5:06pm
Quoting friska
{quote} I found an indicator MTF summarizing HA in different timeframe together.but it is heavy and it blocks the mt4.could you post what you are using?
hmmm U mean Heiken_AshiH_sw_mtf ?

Quoting friska
{quote} 3. interesting point of view. I also noticed that I individual color bars reverse are rare on the 10p especially if you follow the direction of trend or the ma100 and it does not go against the trend or the Stoch. then you say to get on the second bar in the direction of the first (red or green) according with the trend?
...get on on the second bar ? NO...
but it give U information that if U have open position ...let's say Short... than U can expect next 10pips in your direction... so U can let go next 10 pips or Close.
  • #945
  • Feb 9, 2015 6:40pm Feb 9, 2015 6:40pm
Quoting dee50
{quote} You must be ex military, I just hope there was no collateral damage. Well taken, and with a TDI cross up.
hi dee
I was no ex military, but I once worked in an institute which has military background...
this one is taken on a 5 pip brick and alignning with H1 HA candle
patience is a virtue
  • #946
  • Feb 9, 2015 6:53pm Feb 9, 2015 6:53pm
Quoting cfabian
{quote} Hello Blue... I'm very interested in knowing your results, as I'm aslo very much inclined to trading H4 charts. Best
hi cfabian
i like trading H4 charts very much, it gives much less stress and saves you a lot screen time, especially for me a part time trader
the Renko charts are new to me as well, I am just trying to use it aligning with H4 trend conditions.
ussaully I use 25 pips brick size Renko when watching H4 charts, it works out nicely although I had not much data to prove it
the only thing is that Renko just updates new bars when prive movement achieves certain distance, I just can not juge when the new color changed bar will form
not by a certain time. so this will require some screen time to watch itI will monitor the screen when I have time, if not trade set ups can be missed
that is a disadvantage for me as a part time trader
patience is a virtue
  • #947
  • Feb 10, 2015 1:31am Feb 10, 2015 1:31am
Hi Jaquemate,
Do you add to your positions? Or you take only one full position and hold it without further adding?

Thank you for your answer.
  • #948
  • Feb 10, 2015 1:53am Feb 10, 2015 1:53am
Hi Friska,

Could you be kind enough to explain exactly what you mean when you say you never go against the 10p Renko, I am trying understand what you base this on, is it the 5 EMA or 150 EMA or is it more subtle and a combination of indicator/PA that you use.

very grateful for any help you can give, if anyone else can enlighten me on this as well that would be great

Cheers...Des
  • #949
  • Feb 10, 2015 1:59am Feb 10, 2015 1:59am
Quoting Aeb82
{quote} hmmm U mean Heiken_AshiH_sw_mtf ? {quote} ....
no, is more like 4TF HAS (HA smoothed i think)... but I do not know, has never worked and I deleted it immediately.

Quoting Aeb82
{quote} ...get on on the second bar ? NO... but it give U information that if U have open position ...let's say Short... than U can expect next 10pips in your direction... so U can let go next 10 pips or Close.
i get it,
thx!
nescentia necat
  • #950
  • Feb 10, 2015 2:34am Feb 10, 2015 2:34am
Quoting des_b
Hi Friska, Could you be kind enough to explain exactly what you mean when you say you never go against the 10p Renko, I am trying understand what you base this on, is it the 5 EMA or 150 EMA or is it more subtle and a combination of indicator/PA that you use. very grateful for any help you can give, if anyone else can enlighten me on this as well that would be great Cheers...Des
10p give me an idea of the direction of the price. for example, if the direction is down, confirmed by MA100 in 10p
and graph 3p renko goes up, are suspicious and look a realigned between the two graphs. always confirmed by Stoch. or at the latest i enter but for a few pips. I avoid from entering areas of uncertainty, looking always a basic chart with S / R and compression zones, until there is a part bull or bear that prevails over the other.
now i do not use strange indicators on the charts. Stoch, MA, pivot, and I look at a 4x3 semafor that helps the glance of HH LL RH.
also looks the the first post of jaquemate and post 492 of dee_50. not for the experiment itself, but for the direction of revenue
I hope I was of help.
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nescentia necat
  • #951
  • Feb 10, 2015 3:27am Feb 10, 2015 3:27am
Quoting friska
{quote} I understand, nice,I saw the 3d some time ago and I was intrigued. I will give you a look in more detail if you say so. maybe it can be integrated in this method..what do you think about?
Sure why not. It would be greatly helpful. And you are more than welcome.
  • #952
  • Feb 10, 2015 3:39am Feb 10, 2015 3:39am
Thanks Friska, Appreciate the help,

Cheers Des
  • #953
  • Edited 4:45am Feb 10, 2015 4:23am | Edited 4:45am
ok, today morning (here GMT + 1)
First a bit of indecision, I've been watching, close price range.
but the div. stoch on 10p made me wait for a short position.
triangle on 3p and break, channel on Stoch ( it is right to draw channels on Stoch? ) and break to oversold,
look at 10p and bar was red,
look at the chart with S / R,
and I opened a short position.
eu +30
out on support...
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nescentia necat
  • #954
  • Feb 10, 2015 5:58am Feb 10, 2015 5:58am
Quoting Aeb82
{quote} 2. look at Harmonics formations...
hi aeb82,
in your opinion,
it is possible a fomation like that..??
may be a bearish butterfly formation?
B = .618 XA
D = 1.618 AB
(i'm trying)
Attached Image (click to enlarge)
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nescentia necat
  • #955
  • Feb 10, 2015 7:59am Feb 10, 2015 7:59am
Quoting friska
{quote} hi aeb82, in your opinion, it is possible a fomation like that..?? may be a bearish butterfly formation? B = .618 XA D = 1.618 AB (i'm trying) {image}
very nice chart !
It is possible but right now ...short side has advantage...wait for better situation for Long...and I am not an expert in harmonics ;]
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  • #956
  • Feb 10, 2015 8:23am Feb 10, 2015 8:23am
chance to short EU, set up on 5 pips Renko chart, 10 pips renko chart agrees, but H1 HA candle not in alignment, a bit of risky
Attached Images
patience is a virtue
  • #957
  • Edited 3:07pm Feb 10, 2015 9:00am | Edited 3:07pm
Quoting Aeb82
{quote} very nice chart ! It is possible but right now ...short side has advantage...wait for better situation for Long...and I am not an expert in harmonics ;] {image}


...short side has advantage... I think so too...

is an experiment, let's see what happens ...
nescentia necat
  • #958
  • Feb 10, 2015 9:36am Feb 10, 2015 9:36am
EU +41 +31 +33. First trade was a no brainer. 2nd trade CT but good confirmation, Dbl Btm with Divergence right on the S&R level, doesn't get much better. 3rd trade. first there was a breakout pullback to the S&R level but this had Divergence, I don't trade against divergence, followed by a second up move but again with divergence, this was into yesterdays range a prior congestion zone, so I decided to try a short. Worst case scenario I would have been out for a B/E. I targeted the lower S&R level as price had bounced off it 3 times already but Divergence came so I decided to exit.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #959
  • Feb 10, 2015 9:43am Feb 10, 2015 9:43am
BY ALL THE GODS!! You guys are running HOT, the analysis the interpretation and you even have time to identify crawly insects and butterflies. And you have even spotted the fact there are trading patterns within the indicators, really impressive, for what it is worth you all have my respect. Pssst, can you lend me a few dollars?
Cut your Losers short and let your Winners run.
  • #960
  • Feb 10, 2015 11:39am Feb 10, 2015 11:39am
I want to just post this link to a thread here on FF it is an "extracted thread" so it does not come up on searches very often. It was written by a very astute young man who has been trading since 2001. the style of writing is "observational". Why am I recommending you read this thread, because it saves me the time of writing it, I agree with so much of what he has to say it is spooky, it is almost as if he was inside my mind. if nothing else it should be an entertaining read, resulting in many nods of the head and maybe a few shakes of the head.

here is the link
http://www.forexfactory.com/showthread.php?t=215432


Here is an example of a post in the thread.
http://www.forexfactory.com/showthre...29#post3746629

BTW. If you click on the items marked as "attachments" they will open as charts etc.
Cut your Losers short and let your Winners run.
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