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  • #1,721
  • Apr 30, 2015 5:02am Apr 30, 2015 5:02am
i try

dxy touches the HTF trend line...
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and eu...
could ...in your opinion?

btw,
now i'm short
sl to be and will see
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nescentia necat
  • #1,722
  • Apr 30, 2015 5:26am Apr 30, 2015 5:26am
EU +69 +100 +34. Now I am waiting until the news, employment figures.
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Cut your Losers short and let your Winners run.
  • #1,723
  • Apr 30, 2015 5:50am Apr 30, 2015 5:50am
Quoting dee50
EU +69 +100 +34. Now I am waiting until the news, employment figures. {image}
Very Nice..

I didn't get that hidden divergence, just broker differences I suppose?
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Follow, don't anticipate.
  • #1,724
  • Apr 30, 2015 10:50am Apr 30, 2015 10:50am
EU+35+27+2+41+20+14+8+27+10+14+11. Scalping keeps you young. I actually enjoyed this but I do not want to do it every day.
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Cut your Losers short and let your Winners run.
  • #1,725
  • Apr 30, 2015 11:02am Apr 30, 2015 11:02am
Quoting dee50
EU+35+27+2+41+20+14+8+27+10+14+11. Scalping keeps you young. I actually enjoyed this but I do not want to do it every day. {image}
Truly impressive I haven't gotten around to trying the HGI, but how reliable are the bigger arrows?
Energy, frequency and vibration.
  • #1,726
  • Apr 30, 2015 11:02am Apr 30, 2015 11:02am
EU +46
very nice Dee50 I like scalping too... but in long term I loose money with scalping :/
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  • #1,727
  • Apr 30, 2015 11:14am Apr 30, 2015 11:14am
Quoting drammen
{quote} Truly impressive I haven't gotten around to trying the HGI, but how reliable are the bigger arrows?
do U have HGI ?
  • #1,728
  • Apr 30, 2015 12:31pm Apr 30, 2015 12:31pm
Hi guys!

@ dee50

don't you find TDi more useful than sto and macd? or do you have another use for those indies?

thanks!
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in vino veritas!
  • #1,729
  • Apr 30, 2015 1:49pm Apr 30, 2015 1:49pm
a question mates...
we could call this a bullish engulfing candle on M?

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nescentia necat
  • #1,730
  • Apr 30, 2015 2:15pm Apr 30, 2015 2:15pm
I found HGI 16.04
here is link http://www.forex-tsd.com/adownload.p...hmentid=215944
Does someone trade indices ? DAX30 or SP500 ? with "renko" method ?
  • #1,731
  • Apr 30, 2015 2:17pm Apr 30, 2015 2:17pm
Quoting friska
a question mates... we could call this a bullish engulfing candle on M? {image} {image}
When you say if you could call it an engulfing...do you men if it is an engulfing pattern or if the price will go up??

Either-way...just by looking a the candles I would say they look good: wicks on the bottom, small wicks on top and the close is above the open of the red candle.

If the market will respect the pattern, this is a different story. For the price to go up there must be buyers. Looking at context, price had a strong drop and this is the first green candle in a while so I believe that there is still downward pressure on the price, and the green candle is merely a bounce. Of course price could go up but the move would be against the main trend. I assume buy stops would be above the high of the last red candle.

If it were me, I would wait for another signal long before buying this move and I would definitively look at how Weekly and Daily looks.

This is my take on it...hope it helps.
  • #1,732
  • Edited 5:07pm Apr 30, 2015 4:54pm | Edited 5:07pm
Quoting MisterC
{quote} When you say if you could call it an engulfing...do you men if it is an engulfing pattern or if the price will go up?? Either-way...just by looking a the candles I would say they look good: wicks on the bottom, small wicks on top and the close is above the open of the red candle. If the market will respect the pattern, this is a different story. For the price to go up there must be buyers. Looking at context, price had a strong drop and this is the first green candle in a while so I believe that there is still downward pressure on the price,...
hello MisterC and first thanks for the reply.
I mean exactly bullish engulfing pattern.
I agree with everything you wrote and you even understand what I meant to do , that is, place an order to the break of the high of the previous candle.
i saw also the wicks on the bottom as denial or little brake of the strong downward pressure.
I would try to open some positions to medium long term that would work independently,I am not very used to that, and ask advice to you most experts.
clear that it is better wait for confirmations on W or D tf, that can better clarify the PA, assuming that the fundamentals are not in favor of a bull reversal .
right also that the market can not respect the PA
let's see in the coming days
thanks for help again
nescentia necat
  • #1,733
  • Apr 30, 2015 5:44pm Apr 30, 2015 5:44pm
Quoting friska
{quote}...and ask advice to you most experts.
I'm not an expert mate...just giving my 2 cents

In my trading I don't really look for candlestick patterns...although a big one on monthly does get my attention because it should get the attention of the big guys...I assume. Anyway, I look mostly at the context of the market...is the market trending, is it ranging, is it close to SR, is it volatile, etc. Only after looking at this I start looking at candlesticks...if you get the context right the candlestick pattern is just a trigger or further confirmation in my opinion.

I trade tick charts, I believe that they show the PA with great accuracy. For me it was a choice between renkos and ticks...and for now I chose ticks; but I keep looking into renkos as well because there is a lot of potential in them...as shown by professor Dee and all of you renko traders.
  • #1,734
  • May 1, 2015 3:31am May 1, 2015 3:31am
Dollar Index = SP500 ? if so ..it is good to know ...dont U think ? :]
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  • #1,735
  • May 1, 2015 3:48am May 1, 2015 3:48am
Dollar Index = S&P 500 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
  • #1,736
  • May 1, 2015 5:56am May 1, 2015 5:56am
EU BE +10
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  • #1,737
  • May 1, 2015 7:44am May 1, 2015 7:44am
Quoting Aeb82
Dollar Index = SP500 ? if so ..it is good to know ...dont U think ? :] {image}
S&P 500 Index: Market capitalization-weighted benchmark of 500 stocks selected by the Standard and Poor’s Index Committee designed to represent the performance of the leading industries in the United States economy

DXY Index: Weighted geometric mean of the dollar’s value compared only with basket of 6 other major currencies, Euro, Japanese Yen, Pound Sterling, Canadian Dollar, Swedish Krona, and Swiss Franc.
nescentia necat
  • #1,738
  • May 1, 2015 7:47am May 1, 2015 7:47am
Quoting MisterC
{quote} I'm not an expert mate...just giving my 2 cents In my trading I don't really look for candlestick patterns...although a big one on monthly does get my attention because it should get the attention of the big guys...I assume. Anyway, I look mostly at the context of the market...is the market trending, is it ranging, is it close to SR, is it volatile, etc. Only after looking at this I start looking at candlesticks...if you get the context right the candlestick pattern is just a trigger or further confirmation in my opinion....
nescentia necat
  • #1,739
  • May 1, 2015 9:19am May 1, 2015 9:19am
EU +52. Top to Bottom 9.00 mins. It is a Holiday here so I have been gardening, came in for some lunch and a quick look at the market, this set up so I thought I would get a quick 10 pips, but it kept going so I stuck with it, confluence was TP for me but it could run lower, I am not bothered I am having a day off.
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Cut your Losers short and let your Winners run.
  • #1,740
  • May 1, 2015 9:22am May 1, 2015 9:22am
Quoting coconu
Hi guys! @ dee50 don't you find TDi more useful than sto and macd? or do you have another use for those indies? thanks! {image}
Use what works for you. "MACT" uses TDI. For me TDI is just a 7 period RSI.
Cut your Losers short and let your Winners run.
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