How to be a MOnster

[aliassmith]

worst renko indi on the internet

AUDCADM7.png

I find Renko to be quite possibly THE most annoying way to try and trade...ever.

I used them before but I still prefer time candles.

[aliassmith]

I’m training everyday on Momo, 50% levels, bodies and wicks.
My plan is solid.. it’s me that I’m not always that consistent

60EDFFE4-DBFD-4B61-8D2D-701CA1D6C4A2.png

so from left to right.
the second one was 50% retrace
the third was 50% retrace
the fifth was a 50% retrace
all 3 were good for profit

[Jhx]

I’m training everyday on Momo, 50% levels, bodies and wicks.
My plan is solid.. it’s me that I’m not always that consistent

60EDFFE4-DBFD-4B61-8D2D-701CA1D6C4A2.png

Always the hardest part

[Mira]

I’m training everyday on Momo, 50% levels, bodies and wicks.
My plan is solid.. it’s me that I’m not always that consistent

60EDFFE4-DBFD-4B61-8D2D-701CA1D6C4A2.png

so from left to right.
the second one was 50% retrace
the third was 50% retrace
the fifth was a 50% retrace
all 3 were good for profit

Dmn, I’d like to post them from the pc but..

Worked good on ES

9E2990B1-8B94-4C6A-9CE3-766557C6AB1B.png (204.44 KiB) Viewed 12160 times

AA27F567-1130-4E48-9E33-BBD91DEE39E1.png (228.86 KiB) Viewed 12160 times

Not so good on AU (closed after M15 closed below the blue line but it was looking good, i don’t know why it failed)

53029151-19BC-4C2E-A7E6-8DCE7E767F45.png (204.53 KiB) Viewed 12160 times

D8DC820F-2042-4BF0-A0EB-1E8E825E7831.png (230.61 KiB) Viewed 12160 times

[aliassmith]

I’m training everyday on Momo, 50% levels, bodies and wicks.
My plan is solid.. it’s me that I’m not always that consistent

60EDFFE4-DBFD-4B61-8D2D-701CA1D6C4A2.png

so from left to right.
the second one was 50% retrace
the third was 50% retrace
the fifth was a 50% retrace
all 3 were good for profit

Dmn, I’d like to post them from the pc but..

Worked good on ES

9E2990B1-8B94-4C6A-9CE3-766557C6AB1B.png

AA27F567-1130-4E48-9E33-BBD91DEE39E1.png

Not so good on AU (closed after M15 closed below the blue line but it was looking good, i don’t know why it failed)

53029151-19BC-4C2E-A7E6-8DCE7E767F45.png

D8DC820F-2042-4BF0-A0EB-1E8E825E7831.png

You may never know why it failed. They just fail sometimes.
If you played the AU H4 and used a stop loss on the H4 you would be about break even right now.
If you played the AU M15 there was a nice move up like you marked on your chart.

[Mira]

so from left to right.
the second one was 50% retrace
the third was 50% retrace
the fifth was a 50% retrace
all 3 were good for profit

Dmn, I’d like to post them from the pc but..

Worked good on ES

9E2990B1-8B94-4C6A-9CE3-766557C6AB1B.png

AA27F567-1130-4E48-9E33-BBD91DEE39E1.png

Not so good on AU (closed after M15 closed below the blue line but it was looking good, i don’t know why it failed)

53029151-19BC-4C2E-A7E6-8DCE7E767F45.png

D8DC820F-2042-4BF0-A0EB-1E8E825E7831.png

You may never know why it failed. They just fail sometimes.
If you played the AU H4 and used a stop loss on the H4 you would be about break even right now.
If you played the AU M15 there was a nice move up like you marked on your chart.

I traded long the 1-2-3 break on 15m so I reached a 1:0.5 target, that is ok since my entry was a lot higher than the H4 zline.
I was looking for more and I took a little loss.. I should be more conservative until I haven’t reached my daily goal.

Thank you for the chart Alias!

[Mira]

Sometime i'd just want a volatility stop

USDJPYH1.png (44.09 KiB) Viewed 12053 times

[Jhx]

Sometime i'd just want a volatility stop

USDJPYH1.png

And it kept going. Well that's a new zline now

[Mira]

Yes i left a lot on the table but i'm ok with my goal.
I traded this using only H1 (Alias's style): the first trade was a wick of the 50% level, when price touched the lower line i bought without waiting for H1 to wick and close.. idk if it's ok.. it worked btw!

GBPJPYM5.png (49.77 KiB) Viewed 11954 times

[BambinoFlex]

Sometime i'd just want a volatility stop

USDJPYH1.png

Hey Mira, just curious, how do you trade the zemaphore (semaphore?). I tried but I do not understand it. It repaints badly, or do I need to take it for another test drive lol

I'm guessing you wait for candle to close and then trade with the zema. Haven't tried it, but curious.