While the DAx is stuck in a bit of a rut for me decided to have a late afternoon poke on the GU, 5 pips per brick:

Billytt Die happy trading e/j daily breakout

A lot of distractions also, the best move was Monday which I missed completely. hey ho, there'll be another one along soon, I must CONCENTRATE!!

Billytt Die happy trading e/j daily breakout

Or maybe your disappointed face MrC! Dull week on the DAX!

Billytt Die happy trading e/j daily breakout

No problem, I was thinking about what you said earlier, Renko is like any chart technique or format, you have to own it and make it your own. You find what works and what doesn't any you refine your technique. I think I'm just repeating what Billy ...

Billytt Die happy trading e/j daily breakout

Hi Ia, I look for areas of consolidation where the market gets compressed into a small reversal then heads off again, or a retracement of maybe 30-40 pips before resuming the trend direction. 30-40 pips might sound a lot, but its a twitch on the ...

Billytt Die happy trading e/j daily breakout

Renko view of the DAX, 10 pip bricks. I think if/when it breaks it will be a strong move

Billytt Die happy trading e/j daily breakout

I wish I hadn't clicked on that

Billytt Die happy trading e/j daily breakout

Still waiting for the DAX to break out of Monday channel in Renko world. A good punching can be arranged to help you

Billytt Die happy trading e/j daily breakout

Nice one MrC!

Billytt Die happy trading e/j daily breakout

Hi BBq, I only trade the charts as I post them, I don't use ATR or any other inidcators, only S&R levels. This is my Ikea strategy - all Bauhaus and not much Gothic I have nothing against indicators, there are plenty of people on FF using ...

Renko Trading Discussion

Hi Bbqribs, I moved to a larger brick with the DAX to help overcome some of the rapid movement and give me a bit more time to get onto trades, also to get more of the day onto the screen because at a smaller brick size the DAX prints so many bricks! ...

Renko Trading Discussion

Thanks Billy, have a great weekend!

Billytt Die happy trading e/j daily breakout

I am glad I took that, the DAX just bounced back off the 12000 level, it would have been BE+1 againI think that will do today, have a great weekend everyone, see you on the other side!

Billytt Die happy trading e/j daily breakout

GER30 +49 in afternoon session on the DAX after a slow morning and a BE+1

Renko Trading Discussion

+49 that will do!

Billytt Die happy trading e/j daily breakout

Afternoon session:

Billytt Die happy trading e/j daily breakout

Your damn right there Nikl! I just seem to be in BE+1 mode at the moment!

Billytt Die happy trading e/j daily breakout

Oh well, BE+1 again!

Billytt Die happy trading e/j daily breakout

Nearly stopped out at BE but found some momentum, 12200?

Billytt Die happy trading e/j daily breakout

Hi Billy, it was indecisive at first and saw me off with 2 BE's for a total of +5, then broke a bit later for a nice short when I had got bored. If I squander so many valuable pips today I am offering myself as a pinata donkey for a good ...

Billytt Die happy trading e/j daily breakout