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Extreme analysis system (Renko charts + Candlestick charts)

  • #841
  • Apr 29, 2015 3:13am Apr 29, 2015 3:13am
Quoting Girelli
{quote} Hello everyone, Thank you for all your help hamdysalah, because you have a big heart and patience for us to learn your system that works pretty well. May God be with you Patrick Sorry for my English, Google translation
Thanks a lot man i don't know what to say i really wish you good luck...
Your perception dictates your behaviour
  • #842
  • Apr 29, 2015 3:56am Apr 29, 2015 3:56am
Quoting ellenbrook
hi thanks for the great system after many try i did concluded not to used to many indicators then did experiment many of them trading only with the trend then come up with those only or give me good results. {image}
So nice, could you share your indicators and template?
Let it turn and find your entry.
  • #843
  • Apr 29, 2015 5:05am Apr 29, 2015 5:05am
Quoting zirzovat
yesterday i was stopped out at GBPCAD long trade... -42
if you have screen shots of the trade post them up if you like so we can have a look.
saying you got stopped @ 42 pip loss doesn't provide much information...
  • #844
  • Apr 29, 2015 6:12am Apr 29, 2015 6:12am
Quoting zirzovat
yesterday i was stopped out at GBPCAD long trade... -42
and the 42 pips loss indicates that you entered late or your SL was wrong ,if you stick to the rules you never lose this amount of money.....
Your perception dictates your behaviour
  • #845
  • Apr 29, 2015 6:13am Apr 29, 2015 6:13am
Quoting ellenbrook
hi thanks for the great system after many try i did concluded not to used to many indicators then did experiment many of them trading only with the trend then come up with those only or give me good results. {image}
Thanks man for your info but please stick to the system because people will get confused .... Good luck
Your perception dictates your behaviour
  • #846
  • Apr 29, 2015 6:13am Apr 29, 2015 6:13am
Quoting Intrepidpips
{quote} So nice, could you share your indicators and template?
Welcome back man ,long time no see ,happy to hear from you again....
Your perception dictates your behaviour
  • #847
  • Apr 29, 2015 6:43am Apr 29, 2015 6:43am
what do you think about USDCHF short now. its about to give a signal.
  • #848
  • Apr 29, 2015 6:56am Apr 29, 2015 6:56am
Hey I am new to this thread and have been reading quite a bit very interesting stuff!

I have a bit of a problem my charts aren't looking quite the same as everyone elses(I think) My timeframes are a bit screwed up.

Specifically the times are a bit off, If you check it all the way at the bottom. Because of the time differential the charts look very different to each other. Do you guys have any recommendations on how to fix this? Since I am a bit of a noob at mt4 I got stuck on this and dont know how to change it appropiately for the trading strategy.

If there is anything else I should fix or is missing on the chart please let me know.

Thanks in advance
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  • #849
  • Apr 29, 2015 7:10am Apr 29, 2015 7:10am
Quoting zirzovat
what do you think about USDCHF short now. its about to give a signal.
sorry am at work now so am not trading today
Your perception dictates your behaviour
  • #850
  • Apr 29, 2015 2:31pm Apr 29, 2015 2:31pm
Quoting FxTr1
Hey I am new to this thread and have been reading quite a bit very interesting stuff! I have a bit of a problem my charts aren't looking quite the same as everyone elses(I think) My timeframes are a bit screwed up. Specifically the times are a bit off, If you check it all the way at the bottom. Because of the time differential the charts look very different to each other. Do you guys have any recommendations on how to fix this? Since I am a bit of a noob at mt4 I got stuck on this and dont know how to change it appropiately for the trading strategy....
as a starter please use EXT JC1
Your perception dictates your behaviour
  • #851
  • Apr 29, 2015 10:16pm Apr 29, 2015 10:16pm
Hi all
How was FOMC? I didn't trade yesterday

anyway...I wannna ask two question

ⅰ)How about Economic Indicators time such as...FOMC, Current Employment Statistics and Initial Jobless Claims
you don't trade that time? or avoid dollar straight and trade such as EUR/JPY?

ⅱ）Guys how do you trade gold?
I don't know about gold and and it moves very fast...someone tell me please
  • #852
  • Apr 30, 2015 5:06am Apr 30, 2015 5:06am
Quoting yuki0912
Hi all How was FOMC? I didn't trade yesterday anyway...I wannna ask two question ⅰ)How about Economic Indicators time such as...FOMC, Current Employment Statistics and Initial Jobless Claims you don't trade that time? or avoid dollar straight and trade such as EUR/JPY? ⅱ）Guys how do you trade gold? I don't know about gold and and it moves very fast...someone tell me please
trading is best avoided leading up to and during news. i keep watch on times when news is released so i can decide if a trade is worth opening and has time to complete the possible move.

keep an eye when big numbers\news comes out because there is corelation between currency moves.
http://fxtrade.oanda.com/analysis/currency-correlation

i can't comment on gold as I don't trade it.
  • #853
  • Apr 30, 2015 9:09am Apr 30, 2015 9:09am
Long eurjpy and gbpjpy
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Your perception dictates your behaviour
  • #854
  • Edited 12:34pm Apr 30, 2015 12:15pm | Edited 12:34pm
I will be testing this system starting today. I appreciate you spending the time to develop and compile all of this, Hamdysalah. I'll be sure to post my results. Thank you.
  • #855
  • May 1, 2015 9:12pm May 1, 2015 9:12pm
Quoting hamdysalah
{quote} Thanks man for your info but please stick to the system because people will get confused .... Good luck

oh my apology thanks anywhere
  • #856
  • May 2, 2015 8:38am May 2, 2015 8:38am
useful material,,, enjoy
Attached File(s)
File Type: pdf What Is Heikin-Ashi.pdf   1.1 MB | 561 downloads
Your perception dictates your behaviour
  • #857
  • May 4, 2015 11:28pm May 4, 2015 11:28pm
hamdy, which template should be loaded for candle chart and which one for renko ? and in which order? I have ext jc, ext renko, final_extreme, jc_extreme templates...
  • #858
  • May 4, 2015 11:37pm May 4, 2015 11:37pm
Going GJ short
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  • #859
  • May 4, 2015 11:40pm May 4, 2015 11:40pm
EJ short

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  • #860
  • May 5, 2015 1:07am May 5, 2015 1:07am
jeffross i think you need to be more patient with trading. i really urge you to wait till the london session starts to begin trading. id rather miss out on a good trade by being too patient rather than jumping in too early on a trade that looks good only to have it reverse when the london session starts.
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