Update: I have traded this week ever so carefully and I can tell you the discipline I learned from the guide kicked in pretty good, so well worth it. Anyways, I was never the most disciplined at trading always angrey when I lost and doubled down or ...

I thought I would share this Trading Manual

I had tried mt4 before and downloaded the renko script from my the forum but I have no idea how to install it on to make it work. I dont use mt4 some I am not familiar with it at all, I looked at it once and wasnt a fan of the charts, but maybe ...

Trading Renko

I will try, I do not have wicks on renko on my platform , So I will see where I can find them and figure it oout

Trading Renko

Paitence is something I am always learning, for me that would be the holy grail. I have been trading since 99. Forex for the past almost 2 years of that period, and sitll working on paitence and I am sure I always will be

Trading Renko

One reason I dont trade the chfjpy, usdcad nzdusd. The spreads are too big. For they way I trade. But I have been fine with all the other pairs, and for the record I trade au. uchf, gu, eg, eu , ej, and uj. All with the smaller renko blocks but not ...

Trading Renko

Thanks for the response, do you always let yourself get stopped at 20 plus spread? Or will you take out earlier if you feel the momentum is gone? I will study it further over the weekend. I love Renko for the support and resistence level it clearly ...

Trading Renko

Bali, I have seen the Renko thread, new one and nitro. They do have some great stuff but the only thing I had a problem with is the R:R they are talking about, sure your win rate is high but the 20 pip stop loss for 5 pip gain is a tough one. Any ...

Trading Renko

Great book, and very well said on the MM. Even though I trade alot with in the bb bands with 5 pip bricks or so, I still use the pivots as good trades and good call about not just putting in moneymanagement, where you could have taken the trade and ...

Trading Renko

Did anyone see the ej just jump almost 90 pips the past few mins? Is it me or what, I was actually in a trade, and hit my take profit at 38 for a 12 pip gain then it jumped about 90 pips or so over the next several minutes. Was there news I ...

Trading Renko

Nice trade Lou!

Trading Renko

What settings do u use for the trix on my platform it gives a place for period which is 14 on mine, and signal period which is 3

Trading Renko

Todays thursday btw But your right it is late to trade on anyday!

Trading Renko

HERE IS A CHART OF SOME TRADES THIS MORNING LOU, oops sorry about the capslock. I have the three trades labeled by vertical lines with written words one, two and three next to them. Start with one: we broke down as you an see from the previous price ...

Trading Renko

I use the stochs i mentioned in this thread the 12 3 3 and the 8 3 3 and have them line up ob/os , its been working for me to keep me out of crap. As for tp and sl thats a hard one after seeing c4 nitro, the rr is not great there. But I guess if you ...

Trading Renko

Here is a chart the way I trade with 3 trades using 10 pip renko Lou, not bad! 1 or 2 trades a day on a few pairs does the trick! This is the EJ

Trading Renko

I wasnt a fan of meta so I use Ninja Trader, its free for charting and GFT for execution. I have used 10-20 pip renko before but for me personally I dont have the paitence. My personality is better suited for the 5 pip renko. I would love to share ...

Trading Renko

Oh and I use 2 sets of stochs ,no real reason , I set one fast at 8,3,3 and the other slower at 12,3,3 and just like to see them line up together that helps the odds sort of a double confirmation for myself. I dont use fancy indicators or EA. Just ...

Trading Renko

Glad there is a Renko thread , I was feeling alone here trading it. I do love it, I have scalped and traded all sorts of things but in terms of waiting and adjusting stop losses i wasnt very disciplined, but actually trading Renko has helped me with ...

Trading Renko

Notice I-09-18 September 24, 2009 Effective Date of Amendments to NFA Financial Requirements Sections 11 and 12 and the Interpretive Notice Regarding Forex Transactions NFA has received notice that the Commodity Futures Trading Commission has ...

Forex margin being lowered