The source time frame, for the renkos should be M1. I think that's the problem...

More simple is impossible

Good job on getting to BE nuckern. About "taking that trade"...here's my 2 cents... image DAX 4 pip range bar image There was SR, there was pattern, price looked over extended...so, with the right order management (selling at the top of the move ...

More simple is impossible

image Sources for price action learning: 1. JJRVAT PDF from this thread 2. Lange Beggs Books from url and this video: video 3. Everything Al Brooks ever wrote or made. 1 video course and a couple of books (start with the course). His teachings ...

More simple is impossible

OK, OK, I'm not going to clearly give the answer; or at least what I believe to be the answer... I spy, with my eye...something that has to do with the slope of a certain something....

More simple is impossible

I know, that's one of the reasons I did not want to leave the trades unattended...I didn't wanted to leave pips on the table. Until the China situation remedies itself I think there will be increased volatility...or at least until the hype wears ...

The power of range bars

Took two trades today; I was mostly reading so they were pretty much scalps EU and EJ; +13 and +15 Both trades are based on price losing momentum near SR levels and following behavior showing signs of reversal. image image Both charts are 4 pip ...

The power of range bars

I actually started laughing out loud when I read that

More simple is impossible

Hope it helps! Post some charts with those pluses and minuses. That way people can offer opinions.... It looks like you took a lot of trades. If you complain about losses and allow them to demotivate you, you sort of victimize yourself. Things are ...

More simple is impossible

Took a break from reading and took another 15 pips on EJ. This is range bar chart / 4 pip bar. Things are pretty straight forward. Price losing momentum near the lower limit of the channel, a small triangle is formed and a strong upward break ...

More simple is impossible

Buyers clearly entered...future price will confirm if these buyers are active (actually buying) or if it's strong profit taking. I would like to see how a move lower will behave on a M15 or range bar chart...because if there are strong buyers on the ...

More simple is impossible

Glad I can help

More simple is impossible

I re-uploaded the image; the 1st one had no indis on it and the bottom levels were not marked. The range bar size is 4. I should get a counter for my template... Traded like an institution...distributed orders as price went up and ...

More simple is impossible

EU +13 / Range bar chart Took just a small scalp since this day is a study day for me. The trade had more potential than the 13 I took, but, from the start this was a scalp. Analisys: Look at the last clear move down, all dark bricks. Than look at ...

More simple is impossible

Having emotional imbalances will affect your trading in a negative way because emotions will overwhelm reason at a point or another...I also speak from experience . There are two things to do: learn price, spend hours in front of charts and study ...

More simple is impossible

Price will do whatever it wants...the only control you have is over entries and exits. It is good that you did not take a loss. If you read through previous posts, around the beginning of the thread Dee said that the TDI indicator does not work well ...

More simple is impossible

I'm sure that when I'll start trading more actively, as now I am partly trading, partly studying range / renko charts and structuring a strategy, more losing trades will appear. Just by simulating I get a small loss here, a small loss there...but ...

More simple is impossible

EJ -3 / range bar chart When I took this trade I branded it as "me being stupid", which at the time I was, because I entered looking at past price instead of present...but the entry would have been reasonable, had I made proper analysis. So, just ...

More simple is impossible

Don't worry about thanking me...just send me a wine from Italy and we're squared : )) The reading is not that difficult, of course it's not kindergarten level but I think you'll be able to get the essence of it just fine. If you have problems ...

More simple is impossible

I posted a link to a book last week...Trade Mindfully...it deals with this stuff. 25 - 30 pages a day and you're done in a week (edit: 10 days). For me it was worth reading it...you should check it out dl.farachart.com/pdf/Trade-Mindfully.pdf

More simple is impossible

Hello thefxpros and everybody, My 1st post here, EJ +44 I did not expect it to run this far, but there was good volatility and the chart kept me in. The analysis is pretty simple: price was previously rejected from the top area, divergences show ...

The power of range bars