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Edgetrader replied Jul 24, 2009It would be best to pick a different battle on this one 'G'. Am a hard core Renko trader myself and am going to give everyone a sneak preview of 'Nitro' as promised earlier this week. What folks are playing with in C4 is real basic stuff that works ...
C4 Scalping
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Edgetrader replied Jul 24, 2009Am confused a bit here. Not sure how one exits a winning trade with a loss. I need chart shots showing the trades taken in order to go any further with that aspect. Also, taking 20 trades is a bit of overtrading possibly. What was your goal entering ...
C4 Scalping
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Edgetrader replied Jul 23, 2009Ok, I see everything from 2-10 tic Renko charts now. So, someone tell me, how do you trade them? What is your plan? Anyone can chime in here. Am going out to dinner now and will review when I get back. If folks are smart enough to use a decent tool ...
C4 Scalping
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Edgetrader replied Jul 23, 2009Renko — It is 2:40 p.m. pst when this chart shot was taken. It is the EY pair with a 10 tic block sizing. I suggest ANYONE playing with those Renko over the counter indi deals compare their charts with the one shown and make sure it matches up ...
C4 Scalping
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Edgetrader replied Jul 23, 2009The plan I trade has not changed in over 5 YEARS, much less a couple of weeks. Also, this is somewhat of a training thread to some I suppose. The actual purpose is to provide a 'time' tested and verified trading plan to the FF community that can and ...
C4 Scalping
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Edgetrader replied Jul 23, 2009You aren't actually giving me an indi to go test for optimum settings are you!
Regards.C4 Scalping
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Edgetrader replied Jul 23, 2009Interesting concept you have there. Way beyond me. I think I would prefer 'old school' though. Regards.
C4 Scalping
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Edgetrader replied Jul 23, 2009Try getting rid of that thing on the bottom and that meter also. See if that does the trick. Regards.
C4 Scalping
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Edgetrader replied Jul 23, 2009Yep, set at 6,1,1,1. Is close enough on the scale to match MTF and is easier on the CPU for those with an older system. No rationale, I can throw 20 indi's on the screen all showing the same thing. It does not matter what a traders uses and I am not ...
C4 Scalping
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Edgetrader replied Jul 23, 2009OK, If you want to use the HAMA as a 15m TF confirmation replacement that seems fine. It can only run on the PA as set so nothing I can do there. However, real easy and simple chart to trade 5m stuff with. Need a LWMA set at 8,3,6. Need a SM Trix ...
C4 Scalping
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Edgetrader replied Jul 23, 2009Thx. Am going to start working on you a bit to get rid of a couple of things on those charts. They have EXCELLENT potential and the HA candles with that new HAMA combined with the top Trix indi would miss very little action. Care to give it a go? ...
C4 Scalping
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Edgetrader replied Jul 23, 2009Last trades took a while. Coming off of nice runup earlier. AU is really a pain at times, just have to stick with it. GU was sitting aroung having a little lunch I suppose, been watching that for a hour it seems. Finally starting getting minor ...
C4 Scalping
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Edgetrader replied Jul 23, 2009Need to have trix showing some strength before trading. Flat trix with weak bars is lack of motivation in the pair. See a few countertrend trades also. I would suggest taking 5m trades only when 15m confirms trend. Regards.
C4 Scalping
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Edgetrader replied Jul 23, 2009You bet, thx for taking a stab at it. Nice pip count there. Regards.
C4 Scalping
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Edgetrader replied Jul 23, 2009Very few times will they play into trading a 5 m chart. Many trader like to use them, and that has always been their personal choice. Trix will take care of a 200 EMA easily and pivot points vary from broker to broker and platform to platform. ...
C4 Scalping
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Edgetrader replied Jul 23, 2009Very strong uptrend in each pair. Friend??????
Trendline is intact and needs breached in order to consider short trade. Taking longs as the 5m provides them. AUDUSD very tired. Regards.C4 Scalping
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Edgetrader replied Jul 23, 2009Page #1 has no Ventana, nor does it have a Trend Magic. Not sure why you guys are still wasting time with those as they have nothing to do with this level of trading. Regards.
C4 Scalping
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Edgetrader replied Jul 23, 2009Nope, I usually trade just the top trix indi. However, this morning the trades just happened to be initiated very close to 15m triggering also. Mentioned yesterday I would take 15m triggers also, especially when they are close to 5m triggers. More ...
C4 Scalping