Simple as 1-2-3

forex live trades, setups, charts

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makzer
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Postby makzer » Fri Oct 12, 2012 12:35 pm

hii buddy :)

it's 15pip renko, major swings are yellow squares ...

red/green for counting 1-2-3's or exiting & re-entry

it's 3 level semafor indicator :)

Hope you're clear :D

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dchappy
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Postby dchappy » Tue Oct 16, 2012 1:12 pm

8)
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nicoacademia
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Postby nicoacademia » Tue Oct 16, 2012 1:14 pm

indeed an awesome day on the euro. i was too caught up in mental fog of looking for shorts.

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prochargedmopar
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Postby prochargedmopar » Fri Oct 19, 2012 1:23 am

dchappy wrote:8)


I like the "cleaned up" macd.
Nice touch. ;)
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

makzer
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Postby makzer » Fri Oct 19, 2012 10:54 am

What's renko size you using Dchappy???

& could you post your template too? :D

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nicoacademia
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Postby nicoacademia » Fri Oct 19, 2012 11:11 am

I believe DC still uses 5 renko with standard macd. That red line should be the signal line if i am not wrong.

makzer
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Postby makzer » Fri Oct 19, 2012 2:07 pm

I just wanted to know what renko size he's using &

also what trailing value he uses for optimum exits ...

Awaiting your reply DC :)

dchappy
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Postby dchappy » Fri Oct 19, 2012 2:49 pm

Hi Makzer .. I use anything from 2 --10 renko depending on how fast/slow the market is moving .

For exits ,I usually use a trend line break or whenever price stalls .

But don't get trapped into looking for a "perfect " time-frame ..

Experiment to find the right "speed" of chart for you ..
the 123 pattern is on ALL timeframes and markets ....Good Trades to You Sir...........

makzer
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Postby makzer » Fri Oct 19, 2012 3:54 pm

Heyy buddy .

Thanks for your reply sir,

i'll be glad if you could guide us on using trendlines with renko charts .. hehe

take your time , you free this weekend for little guidance using trendines on renko trading? ( entry & exits)

Looking forward from you buddy :)

dchappy
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Postby dchappy » Sun Oct 21, 2012 10:27 am

see chart above ...nothing more , nothing less :wink:

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