Mr.Nims, Renko Ashi Scalping System. - page 109
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What you've done? Now I can't look at the ordinary charts. After the Renko charts they like chaos!
lol, not me it was nims his idea. lol.
Hut,
Aren't the ones that I have marked reversal patterns too?
Alan, can't answer that question since it just came up. tomorrow 644 and I will run trough alot charts to check and see what is and what's not. The more people do it the more relaible ofcourse :-). that's probably where the macd could come in handy.
I'll be prety honest that a quick glance at the EU chart tells m that EUR/USD will head lower Monday. maybe consolidating but I don't expect it to rise further.
Since we try to swing trade or whatever exotic names there are I wouldn't take any position on it.
Can't wait to see monday. :-)
I'd put stop 2 pips higher + spread of so from last high. See that renko wick.
Why do we close weekends anyway? lol.
1st target for me would be the 21b ( 1.4375/80 area )
new template
HUtrader, that's a very clean template!! I look forward to trying it next week. Any special settings ?
cheers
N
Clear Reversal
HUtrader, that's a very clean template!! I look forward to trying it next week. Any special settings ?
cheers
NHut and Alan,
How about my identification of reversal. Major and medium reversal and retracement are clearly identified.
Orinin
ps. I didnt take a trade as per recommended by Ichimoku.
Looks pretty the same. the question is, how do you define a reversal pattern. What are your set of rules for that? How do you define range trading?
HUtrader, that's a very clean template!! I look forward to trying it next week. Any special settings ?
cheers
NNope, same as the template
Hut and Alan,
How about my identification of reversal. Major and medium reversal and retracement are clearly identified.
Orinin
ps. I didnt take a trade as per recommended by Ichimoku.Orinin, pls post indis and template so we can have a look.
thnx in advance.