Sleep less, live fast, as it aint gonna last ![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
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As simple as possible: RENKO M5 trading 75 replies
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DislikedLast one for the week.. 2nd trade of the day.. 2nd winner of the day.. GU to TP PDF & BCC Udine {image}Ignored
DislikedMy last trade of the day - 1hr setup at NY open, a little far from DO but was there for the taking for a quick +10. Trading the combination of the 15m and the 1hr has been pretty good this week. Thanks again everyone, Udine, MM, QED, seeya all back here next week. {image}Ignored
DislikedLast one for the week.. 2nd trade of the day.. 2nd winner of the day.. GU to TP PDF & BCC Udine {image}Ignored
Disliked{quote} MM, the way i see it, you were expecting that the current 1h candle would close red, bouncing off DO. So you entered short at the point where you expected the upper part of the candle body would be. Am i right in this way of thinking?? AsmodaiIgnored
Disliked{quote} That's very limited "intell"........... What exactly is your question please? Masterrmind............Ignored
Disliked{quote} Great way to finish both the day and the week. Masterrmind...........Ignored
Disliked{quote} true, was another set up on the GJ, but I let it pass by... it was a good week again, so no need for extra trades.. UdineIgnored
Disliked{quote} true, was another set up on the GJ, but I let it pass by... it was a good week again, so no need for extra trades.. UdineIgnored
Disliked{quote} Yes that's right I saw that one too but decided to stay with the UJ....it will be my last for the week! Trade #13 [Bonus trade #11] USDJPY +5 TP {image} Comment: As I have said earlier today you really only need 1 or 2 pairs to trade....pips are always there for the taking! Masterrmind............Ignored
DislikedUdine, please, wich of those trades are wolud be correct ? {image}Ignored
Disliked{quote} Good ........... but not quite there! Look at PA 4 hours prior to NY and what do you see? A definite rejection of the DO...the wick of that candle is screaming up trying to touch the DO line but fails. Then price went down and away and went about its business.......... Then PA rose up again trying to "touch" the DO in the form of a powerful pin bar but failed again reaching as high as 118.100 Entry thought process: 1. Based on the above observations a pending short from the BRN @ 118.000 is considered however the candle open makes it a little...Ignored
Disliked{quote} Chake, PA was there but what color were the indi's when you took trade? Was it rules based trade?Ignored
Disliked{quote} Sorry MM, i was not at home. I want to ask you , what is the setup you need for go short ? example 1 : DO = red, h1 red, when closes h1 put pending short example 2 : DO = red, h1 green, but the last 15m canlde is red, then put your pending short ? It would be correct ? Sorry my english is very bad....Ignored
Disliked{quote} when you compare your chart with mine.. you see differences?? I am not going to play search and rescue here... first set up your charts as mine, then we can start to discuss, because only then we are looking at the same things.. UdineIgnored
Disliked{quote} MM, Very well detail PA analysis. I can see what you are talking about. I must get more granular in my Analysis of PA. thanks for the lesson! LionsdenIgnored
Disliked{quote} All this trading mumbo jumbo takes an unbelievable amount of time and effort to learn right. It does not come easy as many wish for but rather ............. well a hell of a lot of chart time to put it simply and heaps of frustration! The more dedicated you are to learning it the better you should be! The road traveled is never the same for each trader but one thing is for sure.......... it isn't easy ! Good trading, Masterrmind..............Ignored