Simple as 1-2-3
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- prochargedmopar
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Brookmyre wrote:Hi Chappy,
Just wondered if you had considered using the Traders Trick Entry?
http://www.earnforex.com/forex-e-books/ ... _Entry.pdf
Also, just curious as to the MA setting you decided on...are there different considerations when using Renko Bars?
Cheers
Brookmyre,
Thanks a $million$ for giving reference to this information.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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dchappy wrote:The patterns worked well this a.m....
2 trades had draw-down of 7 pips ..the others were 4 or less...
Hi dchappy,
Ive been reading your other thread also and im kinda hesitating when taking some of the set-ups.....perhaps you can help
The hesitation being DIVERGENCE
I find myself reluctant to pull the trigger because i see divergence and hence miss out on perfectly good trades which are good for maybe 10-15 pips...
please advise and also you are still on 5 renko with this....
I think its a case of dis-regard all else and trade what i see for 10 pips a pop
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dchappy wrote:hi lazygeorge ..are you using divergence on a small time frame chart ?
please post a chart ....
for the 123 set-up i'm using 3 renko and 50 ma..10 pip sl/tp......
Thx....
Hi dchappy,
This is what i meant but i guess its pointless taking notice of this on such a small TF as you alluded to
I will just have 3 renko and 50 sma as filter and take everything else off my chart i think and just trade what i see
I can only trade from 15:00 gmt through to approx midnight/01:00 gmt
looking to make approx 30/40 pips,is this feasable with this method in those hours you think??
TIA
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Yes , I would leave the macd off for now ..
How about this .. set your chart to 3 renko with the 50 ma..
Remove macd and the Semafor indy ..
Then mark the 1-2-3's that you see and re-post the chart here ..see what we discover......also if you would ..draw on your chart the hrs you are able to trade ....Thx
How about this .. set your chart to 3 renko with the 50 ma..
Remove macd and the Semafor indy ..
Then mark the 1-2-3's that you see and re-post the chart here ..see what we discover......also if you would ..draw on your chart the hrs you are able to trade ....Thx
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dchappy wrote:Yes , I would leave the macd off for now ..
How about this .. set your chart to 3 renko with the 50 ma..
Remove macd and the Semafor indy ..
Then mark the 1-2-3's that you see and re-post the chart here ..see what we discover......also if you would ..draw on your chart the hrs you are able to trade ....Thx
Here you go chappy,i may have missed some and some may have resulted in a loss,am i seeing it
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dchappy wrote:Yes , I would leave the macd off for now ..
How about this .. set your chart to 3 renko with the 50 ma..
Remove macd and the Semafor indy ..
Then mark the 1-2-3's that you see and re-post the chart here ..see what we discover......also if you would ..draw on your chart the hrs you are able to trade ....Thx
Sorry, just saw the last bit of your post about trading hours
Hope its clear enough
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