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Goldflight replied Oct 21, 2010Looks like im going to have my ass handed to me on this one. Oh well. Got to go to a Dr. appointment now so i am going to let them run and see what happens. Ill be back in a few hours............
Goldflight's RENKO strategy
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Goldflight replied Oct 21, 2010It is the combination of all the indies. Go back through my charts and see where i took my trades and see what the indies are saying. The rules i posted again in my previous post.
Goldflight's RENKO strategy
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Goldflight replied Oct 21, 2010Here are the rules, AO turns green--- 1 EMA (on AO) crosses above 3 EMA (on AO) --- ADX 10 green crosses above red--- BUY. AO turns orange--- 1 EMA (on AO) crosses below 3 EMA (on AO)--- ADX 10 red crosses above green--- SELL. These are what you ...
Goldflight's RENKO strategy
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Goldflight replied Oct 21, 2010Great job scarecrow93, The pairs i am watching now are EURUSD, GBPUSD, and USDCAD.
Goldflight's RENKO strategy
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Goldflight replied Oct 20, 2010Closed out for the day. USDCAD +32 --- GBPUSD +89 ---- EURUSD +99 total of 240 pips for today. See you all tommorow. Happy Pipping........................
Goldflight's RENKO strategy
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Goldflight replied Oct 20, 2010Excellent job Maxwell-eqtn. Yes i put fractals on my chart and use trendlines to help me see my charts and what they are doing better.
Goldflight's RENKO strategy
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Goldflight replied Oct 20, 2010Sorry i had blue line on wrong block. this block was my signal. Previous chart was block i took trade........
Goldflight's RENKO strategy
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Goldflight replied Oct 20, 2010Look for HH/HL or LH/LL and trend change or continuation. GU was ranging this morning, so i waited till i got a signal i was comfortable with. ( Blue line)
Goldflight's RENKO strategy
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Goldflight replied Oct 20, 2010Took +20 pips on EU. Got back in EU, and started GU. UC still running.
Goldflight's RENKO strategy
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Goldflight replied Oct 20, 2010got EU and UC started. GU seems to be ranging so i will wait on it.
Goldflight's RENKO strategy
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Goldflight replied Oct 20, 2010Good job astom, I think you will find less false signals when you start using 10 pip blocks. that was my conclusion when i was trying 5 pip.
Goldflight's RENKO strategy
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Goldflight replied Oct 20, 2010Normaly i start at British open, but because of my health lately i have been sleeping in. Also i have been looking at brokers so i havent had a need to get up early untill i settle on one and go live.
Goldflight's RENKO strategy
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Goldflight replied Oct 19, 2010I have been trading this new setup for about 2 months now. because i have been experimenting with a number of different brokers lately i dont have a statement to show, just give it a try and see how you make out. But as with all systems, you are ...
Goldflight's RENKO strategy
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Goldflight replied Oct 19, 2010Hi pilotui, for this new setup i find that the 10 pip block is much better.
Goldflight's RENKO strategy
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Goldflight replied Oct 19, 2010Hi astom, It actualy does not matter if its on m2 or m3. If you want you can put the renko indicator on the 1 min chart as many times as you want to make as many different size blocks as you want. Just remember you cant use m1 m5 m15 m30 as these ...
Goldflight's RENKO strategy
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Goldflight replied Oct 19, 2010Glad you got it. I wish you lots of pips.........
Goldflight's RENKO strategy