Ive been following GB renko system,and now his 100pips system, Thanks GB for all the great work, will try it on demo and post the result here.
Early bird gets the worm
Jobing daily 50-100 pips 3 replies
Reality of trading system and daily 100 pips 2 replies
Honey Bunches of Pips (Easy system for newbie traders) 25 replies
Easy 45 pips strategy 2 replies
100 pip STOP for a 100 pip Target 7 replies
DislikedForexbandit, I have the same chart as you, i.e. EA, followed GB's guideline on page 1, my Entry & exit need to fine tune further I guess, hope to see some green pips. GB, thank you so much for this wonderful system, cheers. Arthur {image}Ignored
Dislikedall Traders: - watch one or two days only what the Indicators do without trading only look - have patience, trade with patienceIgnored
Dislikedall Traders: - watch one or two days only what the Indicators do without trading only look - have patience, trade with patienceIgnored
DislikedMy first trade with this sys, not sure right or wrong, pls comment on it, Thanks {image}Ignored
Disliked{quote} Hello Forex Bandit, GB updated the criteria. So which entry criteria (Criteria 1 or 2) are you using? Kindly check attached snapshot. {image} Thanks PS: Great User Name....Ignored
DislikedRenko channel trading is CounterTrend or Retracement trading, is long term on H1 but on long term trading you must have a greater SL I self trade this with SL 100 Pips and TP 50 Pips and it is a trend I set the TP higher and higher and follow the trendIgnored
Disliked{quote} Ghost Biker, Thanks for the quick response. I now understand the Stop Loss and Target Profit. So please consider the EUR JPY- 1 Hour Time Frame. {image} Do we directly enter Long at the appearance of Green Dot? I mean do you look at other conditions like EVO turning green or ONLY green dot? ThanksIgnored
Disliked{quote} Not just green dot,but the rest also must be met before you go longIgnored
Disliked{quote} Hi Forex Bandit, My understanding is, it is a different system from the one listed. GB says" I trade second order from Renko Channel to Renko Channel like a Zig Zag." May be i am wrong, hoping to hear from GB soon. ThanksIgnored
DislikedRenko channel points trading (from point to point) long term trading on H1 if the price touch the Renko channel line and come the point 1. you can wait for the evo-slope change the direction 2. you can go in with a buystop order + 15 or 20 Pips and follow with your buy stoporder with this difference the price if the price go more down (below green line) 3. you can go in directly with a marketOrder 4. I self prefer more the number 2. and you must test it 1. 2. or 3. my intention: watch 1 or 2 days what die Indicators doIgnored