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- Mobber444 replied Jun 23, 2021
4 Winners and 2 Losers while risking 1% with a R:R of 1:1 should be 4% - 2% = +2%. The pips/points do not matter or what do you mean by this? The trendline rule seems important after I've done a couple of visual backtest, think OP should clarify ...
- Mobber444 replied Nov 12, 2020
I'm using mean renko from the site ovo.cz, they have normal renko and a lot of other variants. The renko does not repaint but it is a paid product though, do not think you will find a better renko generater than this and I have tried loads of them.
- Mobber444 replied Nov 12, 2020
Makes sense! I actually use 6 pip bricksize mean renko charts and on some more volatile pairs I'll go up to 12 pip bricksize. Then indicator wise I use only 200 & 36 EMA's The way I got to 6 & 12 Bricksize is using atr indicator and finding my own ...
- Mobber444 replied Nov 11, 2020
Would like to see how you use renko's, I also just trade renkos but I am still struggling. Do love the simplicity thats why I try and stick with it and improve till I make it. Please share your analysis on CADCHF on renko chart?
- Mobber444 replied May 24, 2016
UPDATE: EURGBP turned around strongly and now up 20pips, GBPAUD reached TP1, GBPCAD reached TP1.
- Mobber444 replied May 24, 2016
TP1 reached on AUDJPY. EURGBP is a real struggle, might be a failed trade. EURAUD halfway to TP1, the other have not moved much.
- Mobber444 replied May 23, 2016
My setups entered on Friday and this morning. Red lines = SL Green lines = Entry Light blue lines = TP targets Lots of correlated pairs, but risk spread between them. It's a bit hectic at the office so I could only post them now, all of the trades ...
- Mobber444 replied May 20, 2016
Loads of potential trades forming, next week should be an awesome one! Will post charts as trade setups complete. Won't wait till Monday for this one though. 1st light blue line @ 1.5600 could be a problem but it should eventually break through here.
- Mobber444 replied May 10, 2016
Thanks for the great advice, I am still an absolute beginner using this method of trading so any advice is much appreciated! Makes sense to pick out only the strong vs weak trades and only take these high probability trades. I am long GBPJPY on ...
- Mobber444 replied May 10, 2016
Potential setup on the GBPAUD. What's your thoughts JonnyPip?
- Mobber444 replied May 10, 2016
Luckily got out of the AUDCAD at breakeven, both AUD & CAD showing good strength this morning.
- Mobber444 replied May 9, 2016
Thanks a lot for the insight! Yes the plan is to move SL to breakeven at 94.0000 to make it a free trade, I don't usually do this though. I saw the USDCAD trade but missed it unfortunately and didn't want to chase the trade after it actually ...
- Mobber444 replied May 9, 2016
Thanks! Took a short trade on the AUDCAD @95.3000 this morning, pullback to 21EMA, target 0.9300. Not much happening so far, up 30pips.
- Mobber444 replied May 6, 2016
Really nice trade, well done!
- Mobber444 replied Apr 27, 2016
It did! I made a bit more because of target difference. Thanks!
- Mobber444 replied Apr 21, 2016
Wish I could reach the point of trading on a naked chart. Do you trade for a living or just part time? I have coded various EA's of my own and the problem stays the same, it's a robot and no system can work 100% on conditions met. You do need that ...
- Mobber444 replied Apr 20, 2016
Hey JonnyPip, I've just stumbled across this thread in the last week. Read through a big part of the thread and it seems very interesting. Will try and paper backtest a bit this weekend. Do you still trade the method as explained in the 1st post ...
- Mobber444 replied Sep 11, 2015
Haha actually also wanted to mention that but decided to keep it to myself.
- Mobber444 replied Sep 10, 2015
Thanks! Something to read over the weekend!
- Mobber444 replied Sep 10, 2015
Plague do you valid reasons this system cannot work (other than it has not been tested enough, that's what we are all busy doing here) or valid additions to the method? Pharley has shared his method with us because he wants to. If you don't have ...