RENKO Boxes Trade easy | Page 57 | Forex Factory

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RENKO Boxes Trade easy

  • #1,121
  • Nov 17, 2016 10:21am Nov 17, 2016 10:21am
GB,well done ,good profit.Do you use a stop loss .I see you have take profit.What happens if the trade moves against you?
cheers
ado
  • #1,122
  • Nov 17, 2016 10:36am Nov 17, 2016 10:36am
then I set a hedging or a limitorder

but I have a hidden SL us a security stop
  • #1,123
  • Nov 17, 2016 6:41pm Nov 17, 2016 6:41pm
hi i have seen the dax30 what else are you trading ghostrider ?
  • #1,124
  • Nov 18, 2016 3:36am Nov 18, 2016 3:36am
BABBLERS and TROLLS and TROUBLEMAKERS stay out

RENKO trading with boxes most DAX 30

Attached Image (click to enlarge)
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  • #1,125
  • Nov 18, 2016 10:03am Nov 18, 2016 10:03am
My sell on EurUsd Renko. Good sell trend
Attached Image (click to enlarge)
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  • #1,126
  • Nov 18, 2016 10:15am Nov 18, 2016 10:15am
Hi guys hope everyone is fine !

Someone know how to setup TOnyFx template like this image ? : https://embed.gyazo.com/db503391580f...fc7bf2596d.png

Indeed I don't know how to have the 2 order signal arrow that Tony Fx use to enter a trader like he explained ( The Blue one for buy after the price cut the envelope and Red for the opposite for selling)

Thanks for your help !

Wish you success !
  • #1,127
  • Nov 18, 2016 10:26am Nov 18, 2016 10:26am
Quoting centuripe
Hi guys hope everyone is fine ! Someone know how to setup TOnyFx template like this image ? : https://embed.gyazo.com/db503391580f...fc7bf2596d.png Indeed I don't know how to have the 2 order signal arrow that Tony Fx use to enter a trader like he explained ( The Blue one for buy after the price cut the envelope and Red for the opposite for selling) Thanks for your help ! Wish you success !
i dont now if its the RSI Alert By Tony-FX indicator
  • #1,128
  • Nov 18, 2016 10:57am Nov 18, 2016 10:57am
hi guys is the de30 the same as dax30 ???
  • #1,129
  • Nov 18, 2016 11:01am Nov 18, 2016 11:01am
Quoting paul72
hi guys is the de30 the same as dax30 ???
Yep
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #1,130
  • Nov 18, 2016 12:34pm Nov 18, 2016 12:34pm
Quoting Alexhome
{quote} Hello @ghostbiker. I've one doubt. Today I know it's not a good day to trade, but anyway I've a question. In this screen, in the green area, if you have to take a sell trade where would you get it? what would be your entry point? I sold at the bottom of the last red candle, the next candle after the orange point from the indicator ( AllstrenghtTrend) I know that wasn't a profitable trade but I'd like to know if atleast the entry was right. {image}
@Alex, did you get an answer on this? I am reading this thread page by page and thought that was a good question and I dont know if it was a good entry or not... cheers

Reference: http://www.forexfactory.com/showthre...601297&page=17

danke
  • #1,131
  • Nov 18, 2016 1:15pm Nov 18, 2016 1:15pm
- hehe after 3 months you will a anwer ? I'm not grazy, I trade on 3 Accounts manually
and have few accounts with EA's to control

on page # 1 you have the rules for entry's with the indicators, the exit is the TP you want

and the answer is: go the order in TP or profit is a good entry, go the order in SL or loss
it is a bad entry
  • #1,132
  • Nov 18, 2016 1:26pm Nov 18, 2016 1:26pm
Gutten aben,

Thanks for answering. And thanks for sharing your extensive knowledge. Truly. However I am sorry, but I still don't understand how to put this system to work. I guess I am pretty slow. I am close to page 30 on this thread. I will keep reading and see if someone posted and image to show with arrows an example of an entry.
I wouldnt' ask YOU to do it Ghostbiker, you have done enough. I was thinking maybe some of your followers would have an image with an example of an entry and an exit. Just an example.

For example now I i am looking at EURUSD


I see it is turning red, I see the middle donchian line is green and is BELOW the current price.... now, I still don't know or i am not sure on what to do to enter short in case the trend changes (* I know at the moment is still bullish).

ps. At least I was clever enough to install the system reading post 1 at the first go.
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  • #1,133
  • Nov 18, 2016 3:59pm Nov 18, 2016 3:59pm
- the dots in the boxes this Indi delete, make mistake

- the entry for buy is to late, the evo-slope turned to red

- you must wait now and set a pendingorder sell below the middle donchian line
but friday on this time I set not more a order, the price move small and slowly
  • #1,134
  • Nov 18, 2016 4:00pm Nov 18, 2016 4:00pm
today only one order closed DAX30 / GER30 with Renko boxes
small move today

Attached Image (click to enlarge)
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  • #1,135
  • Nov 18, 2016 4:42pm Nov 18, 2016 4:42pm
Lieber Freund,
I wish i remember my German from high school. Ich bin aus Argentinien ... and that's about it.
Thanks again. I will analyse that entry Preis: 10670 and see if i get it

cheers

Ich wei, spt Freitag ist nicht gut
  • #1,136
  • Nov 18, 2016 4:52pm Nov 18, 2016 4:52pm
Quoting ghostbiker
then I set a hedging or a limitorder but I have a hidden SL us a security stop
I knew another guy, probably as successful as Mr GB here, called Allorente (nickname) He did NOT have a stop loss...I believe people called them Profit Stops ...SL NEVER worked for me, but others may know better and add a comment on this. Allorente used a recovery (like) method , which sound similar to what GB says here
  • #1,137
  • Nov 18, 2016 4:58pm Nov 18, 2016 4:58pm
Quoting ghostbiker
- the dots in the boxes this Indi delete, make mistake -
I will look in the thread how to remove dots
Attached Image (click to enlarge)
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  • #1,138
  • Edited Nov 19, 2016 6:25am Nov 18, 2016 5:40pm | Edited Nov 19, 2016 6:25am
- the Indicator with the Dots in the Boxes is "VSAc BAR DOTS" you can delete it
  • #1,139
  • Nov 18, 2016 8:58pm Nov 18, 2016 8:58pm
Quoting ghostbiker
- the Indicator with the Dots in the Boxes is "VSAc BAR DITS" you can delete it
Danke schoen. I should think more and ask less!
  • #1,140
  • Nov 18, 2016 9:08pm Nov 18, 2016 9:08pm
Quoting ghostbiker
then I set a hedging or a limitorder but I have a hidden SL us a security stop
How do you HIDE the stop lost from being hunted? Do you use some sort of recovery system if the trade goes against you? Cheers!!!
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