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sriloba replied Apr 20, 2015I decided to go LONG UJ because the set up is perfect and set up 5 pips box size. The UJ is slow and it moves most of the time with good news. UJ closed manually with +7 pips because it is too slow, up and down several minutes. I can tell you once ...
Come Surfing Fx With Me System
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sriloba replied Apr 20, 2015If you use 10 pips box size means each box of renko must fill 10 pips. After 10 pips filled in the box then new box pops up and the same process continues. But as long as the box not fill so the box may move back and forth to the strong direction. ...
Come Surfing Fx With Me System
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sriloba replied Apr 20, 2015Hi Rossb, Thanks. I wish you a good trade Sai Ram
Come Surfing Fx With Me System
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sriloba replied Apr 20, 2015Tonight, I am going to set 10 pips box size on the renko chart. I have to say renko chart utility is new for me in term of manipulating the application. But thing is going smooth and toward the happy day. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Apr 19, 2015Hi Jgadefelth, There are plenty ways to take profit. Mine is 24 pips and I'm done for the day. The chart below illustrated the TP technic. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015Hi Kore, I understand your intention is constructive. I like that. Why my TP is 24 pips ? Not long ago the spread of the GU is 2.5 pips but now all the brokers decide to raise the spread. Now GU is 4 pips spread. My daily target is gain 20 + spread ...
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015When I write this post the market is closed. My intention is TP is exited as soon as the dot circle pops up. It is also depend on how the renko box size set up. If the renko box size is large then the dot circle will pop up later. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015I was talking a lot of determining the trend and introduced several ways to enter trade. Now I'm presenting you a conservative stop lost and take profit. The chart illustrated the method. Short trade : The stop lost is put above the red dot circle ...
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015There are plenty of ways to enter a trade once the trend is established. Just choose the entry that you trust fully without a second thought. I want to remind you that you can create your own entry signal after read the whole things in this ...
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015This is another type of entry signal on Renko chart. See chart below Down Trend : Trix histogram in D1 or H4 Or Both below the zero line. M2 : Renko chart i) Price must trade in or through the upper channel + a red dot circle presented ii) The first ...
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015As you can see I use Trix histogram in D1 and H4 to determine the trend for the day and enter a trade with Renko chart accompanied with some filter indicators. See chart If you have put 100% of discipline and patience on the candlesticks chart then ...
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015Renko chart I try to explain as I can about the strategy used with renko chart through these POSTs#1239-1240-1242-1243. I want to remind Renko chart is trend following which is easy to trade if you choose box size correctly not too big or not too ...
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015If you use renko then follow url post1222 Sai Ram
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015You are 100% right. The whole idea is based on the trend following. There are many different entries to enter a trade. Just pick one that fit your personality.
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015Next session of trading, I will put in action the RenkoStreet_Trend. I think it will help me to filter the signal because of I will use 5 box size. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Apr 18, 2015Renko chart I think 5 BOX SIZE is borderline for swing trade. Under 5 BOX SIZE is scalping. The high number box size you use the less signal you will expect. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Apr 17, 2015We recognize very well when stochastic trades in the over bought area or in the over sold area and coincided with price trades in the zone of the channel then the best signals entry are high probability of success. Sai Ram
Come Surfing Fx With Me System
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sriloba replied Apr 17, 2015SET UP FOR SHORT TRADE AND SET UP FOR LONG TRADE THOSE SET UP ARE ILLUSTRATED ON THE CHART Sai Ram
Come Surfing Fx With Me System