Soo.. 80.000 hours its about 3333 days, wich means aroun 9 years.. 9 CONTINOUS YEARS WATCHING CHARTS... ok.. he REALLY needs to learn how to sell himself lol When you dont know what to look for in a chart then YES, trading its not a sustainable ...

Forex - A negative sum game for losers

To make it easy, we trade the price of the underlying asset (always vertical because the price can only go up or down) and since we need to make a desicion we "need" to plot another axis to make a visual representation of what the hell is going on ...

What are all the variables in forex charts?

a price extreme its just the highest/lowest of a given "period" lets say.. weekly high or low for example; its only a place where you could start to look for signs of a possible exhaustion/reversal taking in place by reading the price and maybe ...

(binned per thread starter’s request) Improving on Reversal Strat

the ONLY places to look for a "possible" reversal are the price extremes, either high/low.. then and only then you can go on with the proper price analisys/indicator "confirmation" and see if its a valid "reversal" taking place.. Otherwise you are ...

(binned per thread starter’s request) Improving on Reversal Strat

Oh yea the principles are the same and they work because you are taking OHLC of a specific pip size boxes that are consistent and never change (the simmetry and construction obviously).. thats what renko gives you as an advantage Some principles ...

Struggle to make a swing trading strategy

Look pal, doesnt matter how you put it the corld/hard truth is that: RETURN DOESNT MATTER IF YOU DONT KNOW WTF ARE YOU DOING !! If you dont know how to place a trade and when If you dont know what targets you at least aim for (LMAO again with the ...

Realistic Monthly Trading Profit?

20 or 30 pips takes waaaayyyy too long to paint !!! thats easily a 2 day or more per brick, thats why i use 3 to 5 pips, thats easily intraday "time frames" i only trade new york session because the rest of the time im either sleeping or just living ...

Struggle to make a swing trading strategy

Yes i read the Open/High/Low/Close with renko (with wicks obviously), and even that some principles still are valid with time based charts, there are some important differences that makes them different i use between 3 to 5 pips charts and watch ...

Struggle to make a swing trading strategy

[quote=KeenPips;12517624] Be careful how you act on other people's opinions. That definition of 'swing trading' he gave is incorrect. A swing trader does not pick tops or bottoms. In fact, a good swing trader makes the most of trending markets. You ...

Struggle to make a swing trading strategy

See? thats a good reason behind that haha if you want to "swing" trade you are trying to pick tops/bottoms wich in theory its the start of a trend (hate that word) or a move to the next level.. wich one is it then? you want to "swing" trade or ...

Struggle to make a swing trading strategy

"My main ambition is to become a swing trader, using 4h / 1d time frames" WHY ?!?!? give yourself a solid/logical reason to support that.. why exactly that timeframe? why "swing" trading?? all you need (or anyone really) its to learn how to read ...

Struggle to make a swing trading strategy

I think that "predict" its a misunderstood word in this case.. For a sucesfull trade you need to know the direction and the optimal place to enter; those 2 are NOT connected!! you can "predict" (or use whatever word you like) the direction ...

Yesterday or tomorrow

SEVERAL members are telling you already that this event could be traded.. Just do what the chart its telling you to do.. like this, this is EUR/USD: image I was trading WTi at the moment.. oh yea it had a big drop that no one expected (go figure) ...

Show me your greatness and your trading system (EURUSD drop)

Sudden moves can be the result of some unpredictable news/information, any decent trader knows that; can you trade them right away?!?! maybe not, but you can trade the aftermath easily.. looking for a "why" its the classic signature move of a noob ...

Show me your greatness and your trading system (EURUSD drop)

Actually in certain conditions can be predicted, asuming that your definition of predicted = 100% certainty.. Rest of the time you can trade with a little less than 100% easily, and those conditions presents more often of course

Yesterday or tomorrow

False.. Price can be forecasted with a huge degree of accuracy in certain conditions; of course it includes the inmediate past/present price and the relationship between them in that specific moment It can be done, its very specific and it present ...

Yesterday or tomorrow

If you know how to trade, you only place trades when there is a huge % of chance of going in your favor in a consistent, exploitable, repeteable, identical market conditions. And yes they exist and present over and over again "hedging" its just a ...

The Secret to Success and profitable trading - What is it?

You can use a line chart on any type of chart in existence its like using a 1sma on close; with renko it helps to visualize levels and corrections super easily, but still 90% of the time im on normal bricks renko

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

A Price ocurrence between high/low/close in certain block sizes (renko charts) easy, consistent, reliable.. no indicators.. hell, you could trade it with line charts too and just check the High/low for a 100% confirmation =)

Rags to Riches in 10 or 20 Trades - Simplicity at its finest