Extreme analysis system (Renko charts + Candlestick charts)

Quoting Wido24

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Hi Hamdysalah, I would like to thank you very much for this wonderful thread! It makes perfect sense to me and I'm very impressed, that you are so patient and friendly with us. You have the skills of a great teacher, thanks so much! I would like to share the one "perfect" trade (I think) I saw this morning: EU long GU long looks promising... but with R1 in the way I skipped the trade UC short looks also good... but the move started bevor London-Open and I understood, thats risky. My english is not so good, but I hope it all makes sense. Many green...

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Quoting founaud

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Hi traders, I just went short in EJ. Please let me know your opinion Thanks! {image} {image}

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Quoting founaud

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{quote} EJ closed @ +20 pips. I dont let it run more, since it is touching @S2. {image}

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Quoting jooshset

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{quote} same with me .. close it near S2 {image}

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Quoting founaud

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{quote} Great, I am on the right direction! In the end, the par EJ moved +10 pips below S2. Why have you replaced the indicator Nihilist_Holy Grail for Renko_AM? It is better?? Thanks!

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Quoting Westcoast

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Just wanted to thank you again. I live in the states and trade London time. I have hit my goal 50 pips every day using this system. yesterday and today were +72 and +73 and still get to get to sleep before New York opens. I am still new to winning trades, so I do exit sooner than I should and then watch the price move to the pivot point or sup/dem, but a win is a win and experience will give me confidence to hold the trade longer. I thank you for paying it forward. That is my intention as well in sharing this thread with all my trading friends....

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Quoting Westcoast

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Good choice to take your profit at the S2 on my candle charts I also use Weekly pivots and 5 ATR and everything converged around S2. Hamdy, question for you. Do you think it is redundant using all three? I also have a multi-timeframe suppport and resistance, Sup/Dem you use and Trendline indicator. I think I might be too over protecting myself and limiting my profits. {image}

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Quoting jooshset

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the setup appear again... EURAUD sell but closed + 13 pips ... news time .. {image} {image}

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Quoting founaud

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{quote} Good order Jooshset! I missed it this time. Do you use any news indicator? How often are the important news? Btw, Are you trading live or demo? I have not open any order today... Good luck and keep posting!

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Quoting dano858

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Hi could someone tell me if you are still using 10 pip renko bars?

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Quoting jooshset

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setup appear in EURUSD .. but too chicken to let it arrive to s1 coz I must leave.. close + 17.8 pips later guys.. {image} {image}

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Quoting founaud

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{quote} Congratulations Jooshset! Did you wait for MACD to move below zero? I think it was possitive when you opened the order. Regards

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