Couldn't hold above 11000, indicating a downward move. Likely a dingdong move between the levels. Good night from Asia.

Carpe diem: Intraday tactics for Dax and Dow

Just an observation.

Carpe diem: Intraday tactics for Dax and Dow

HI Traders, I have been reading with great interest on the thread. I have attached my thoughts for the day for the DAX as per below chart. It's a 15pts mean renko. Waiting for the London open to see the price action. Any thoughts are welcome.

Carpe diem: Intraday tactics for Dax and Dow

thanks for the explanation.

Carpe diem: Intraday tactics for Dax and Dow

Hi Black Fox, please excuse my ignorance. why is it that when CPI numbers are good, the index goes down? Thanks. TraderInc

Carpe diem: Intraday tactics for Dax and Dow

Well, what made the price fly through the roof was clearly explained here url .

Price action trading with RENKO

Hi Calaxcorp, I guess RBNZ made the decision for my question......lol

Price action trading with RENKO

Now this is the exciting part for GBPAUD. Will price shoot through the roof or reverse back down now that it is back at the 61.8 Ret on the 2nd try. These are hard decision points. To short or buy on break?

Price action trading with RENKO

I find GBPAUD has a similar move pattern as EURAUD except that GBPAUD moves 1x faster than the latter. I have incorporated a 50LWMA on the chart to see the comparison.

Price action trading with RENKO

Hi Calaxcorp, I had initially did away with the wicks. However, I do find the wick helpful at time as it give an indication that the continuation of the momentary direction is well supported. I guess it's a preference and a different reading of the ...

Price action trading with RENKO

HI Calaxcorp, I have added a 25LWMA to have a view on your suggestion.

Price action trading with RENKO

HI jw1981, thanks for your observation and reply. I have added both oscillators to check on the divergence. Apparently the readings are in line with the price movement. No divergence there. Stoc is Weighted on close. Hope to have more sharing here ...

Price action trading with RENKO

It's been more than 2 years since this thread died. Hope to pick up some pieces to continue the discussion. I have a chart with 25pips median renko and a grid builder in place. Looking at pure price action, I have a question on the chart. That is ...

Price action trading with RENKO

HI Math7, I have downloaded to create the Renko charts but got the same display in post 1574. Any advice to resolve it? Seems like both versions have the same output. Thank you.

Lets Automate a Simple Renko Strategy!

HI Sminage, I have tried running the attached EA which you have given (thanks for that). Would like ask if you know what is wrong with the script? I get the chart as below: Appreciate your kind help

Lets Automate a Simple Renko Strategy!

HI, I was wondering how come my renko bars has wicks while the rest of the members that posted only has the body. Can someone advise? Thank you. Please ignore.

Renko Bounce Trade

HI Kvv888 Honest opinion and truly said....thank you.

Is trading really that hard?

HI Gilead, thanks for the wonderful dashboard. I am not too sure if there are some bugs on some of the pairs as the numbers seems a little odd. GBPCHF, EURCAD, CADCHF and a few others as in the TF boxes. Your kind advise please.

MADdash (Moving Average Distance)