cubicrey Posted November 16, 2010 Author Report Share Posted November 16, 2010 Hi b.gunn, The USD/CHF is currently short, even-though it hit the Reverse Stop Line 0.9860 yesterday, but the daily candle was closed at level 0.9850 which is still below the RSL after 23:59:59 yesterday..Yes, according to their rule no Stop Loss to be placed, the trade will only to be closed if the candle confirmed closed above the RSL at 00:00, no matter how far it is. Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
JasonKwok Posted November 16, 2010 Report Share Posted November 16, 2010 Hi Jason, Can you see now, what is the effect of too close to the market and the fool by intraday market volatility. Be discipline......:) I knew u r jz kidding. By the way there, I noted there r 52 times download of my "History Data Files". If you have any questions pls feel free to ask and participate. If you have attended their course kindly share with us your experience and give comments on my daily reports whether they r reported correctly or not :). Cheers R I'm very discipline and put the stop loss at 0.9860 and IBFX was kind to fill my SL order....;-) Missed that part which mentioned not to enter SL into the trade order. Exit only when a new brick with the opposite color is formed at the close of the daily candle. Thanks. Quote Link to comment Share on other sites More sharing options...
digitalman88 Posted November 16, 2010 Report Share Posted November 16, 2010 I'm very discipline and put the stop loss at 0.9860 and IBFX was kind to fill my SL order....;-) Missed that part which mentioned not to enter SL into the trade order. Exit only when a new brick with the opposite color is formed at the close of the daily candle. Thanks. This is fine if you have lock profits. If the trade is still not profit, you may lose more than 250 pips. Quote Link to comment Share on other sites More sharing options...
cubicrey Posted November 16, 2010 Author Report Share Posted November 16, 2010 This is fine if you have lock profits. If the trade is still not profit, you may lose more than 250 pips. this is cost incur to acquire a trend. sound silly to intraday traders. ;) Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
JasonKwok Posted November 16, 2010 Report Share Posted November 16, 2010 This is fine if you have lock profits. If the trade is still not profit, you may lose more than 250 pips. Regardless the number of pips for Stop Loss, the risk is still x% and losing the calculated amount of capital. In any trend following system, there may be several cuts (hitting SL) before we could ride the trend. MM is very important to ensure that we could survive long enough to ride the trend. Quote Link to comment Share on other sites More sharing options...
digitalman88 Posted November 16, 2010 Report Share Posted November 16, 2010 this is cost incur to acquire a trend. sound silly to intraday traders. ;) i am also a trend trader on D1 and W1. I just tell the fact only. Quote Link to comment Share on other sites More sharing options...
digitalman88 Posted November 16, 2010 Report Share Posted November 16, 2010 Regardless the number of pips for Stop Loss, the risk is still x% and losing the calculated amount of capital. In any trend following system, there may be several cuts (hitting SL) before we could ride the trend. MM is very important to ensure that we could survive long enough to ride the trend. Sufficient capital is also important. as this renko method is mechanical, you should take every signal because you don't know when is the big trend forming. this is also a challenge. Quote Link to comment Share on other sites More sharing options...
JasonKwok Posted November 16, 2010 Report Share Posted November 16, 2010 Sufficient capital is also important. as this renko method is mechanical, you should take every signal because you don't know when is the big trend forming. this is also a challenge. yes, you are absolutely right. Quote Link to comment Share on other sites More sharing options...
cubicrey Posted November 17, 2010 Author Report Share Posted November 17, 2010 Hi, Today Update http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov17.png How not to be defeated by Market Uncertainty? All the answers are already here in this thread. Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 17, 2010 Author Report Share Posted November 17, 2010 Hi, Today 2010 Nov 18, most probably no action, but check and confirm after 00:00 http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov18.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 18, 2010 Author Report Share Posted November 18, 2010 Hi, Friday Nov 19, may be another No Action day, pls check and confirm after 00:00 GMT+0. http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov19.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 20, 2010 Author Report Share Posted November 20, 2010 Hi, Confirmed Actions for the coming Sunday Market Open http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov21.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 20, 2010 Author Report Share Posted November 20, 2010 Hi, Possible action required on Monday http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov22_pre.png If you have any questions feel free to ask. ============================================ Digitalman88, How to check the currency correlation with this pair USD/CHF, would you trigger long if the signal above is confirmed on Monday? My understanding is : if USD/CHF is strengthening(up), USD/JPY is weakening(down) then CHF/JPY is moving down strongly(down down) But how do u interpret and make decision with the following information. http://i630.photobucket.com/albums/uu24/cubicrey/USDCHFUSDJPYCHFJPY_120days_19Nov10.png http://i630.photobucket.com/albums/uu24/cubicrey/USDCHFUSDJPYCHFJPY_40days_19Nov10.png http://i630.photobucket.com/albums/uu24/cubicrey/USDCHFUSDJPYCHFJPY_40and120days_19Nov10.png and How do u determine the strength of "each" pair so that we know the particular pair is up or down or upup or downdown as shown in the picture below http://i630.photobucket.com/albums/uu24/cubicrey/USDCHFUSDJPYCHFJPY_correl.png Thanks in advance R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
digitalman88 Posted November 21, 2010 Report Share Posted November 21, 2010 where do you get these information? Hi, Possible action required on Monday http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov22_pre.png If you have any questions feel free to ask. ============================================ Digitalman88, How to check the currency correlation with this pair USD/CHF, would you trigger long if the signal above is confirmed on Monday? My understanding is : if USD/CHF is strengthening(up), USD/JPY is weakening(down) then CHF/JPY is moving down strongly(down down) But how do u interpret and make decision with the following information. http://i630.photobucket.com/albums/uu24/cubicrey/USDCHFUSDJPYCHFJPY_120days_19Nov10.png http://i630.photobucket.com/albums/uu24/cubicrey/USDCHFUSDJPYCHFJPY_40days_19Nov10.png http://i630.photobucket.com/albums/uu24/cubicrey/USDCHFUSDJPYCHFJPY_40and120days_19Nov10.png and How do u determine the strength of "each" pair so that we know the particular pair is up or down or upup or downdown as shown in the picture below http://i630.photobucket.com/albums/uu24/cubicrey/USDCHFUSDJPYCHFJPY_correl.png Thanks in advance R Quote Link to comment Share on other sites More sharing options...
cubicrey Posted November 21, 2010 Author Report Share Posted November 21, 2010 (edited) Hi digitalman88, the 40 & 120 correl are from mataf_reak. could u explain on how to use the info provided? Edited November 21, 2010 by cubicrey Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 21, 2010 Author Report Share Posted November 21, 2010 Hi, D1 & W1 Renko Status after Friday Market closed http://i630.photobucket.com/albums/uu24/cubicrey/D1andW1_RenkoStatus_20Nov10.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 22, 2010 Author Report Share Posted November 22, 2010 Hi, Today confirmed signal http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov22.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 23, 2010 Author Report Share Posted November 23, 2010 (edited) Hi, Today update http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov23a.png Cheers R Edited November 23, 2010 by cubicrey Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 24, 2010 Author Report Share Posted November 24, 2010 Hi, Today Update http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov24.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 24, 2010 Author Report Share Posted November 24, 2010 Hi, Possible action required on Nov 25 00:00 GMT+0 http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov25_pre.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 25, 2010 Author Report Share Posted November 25, 2010 Hi, Tomorrow probably no action, but check and confirm after 00:00....especially GBPJPY http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov26.png Happy Thanksgiving :) Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 26, 2010 Author Report Share Posted November 26, 2010 Hi, FYI, the MACD which they r using is MACD_true, meant its signal is EMA type not SMA. I found a good indicator having the features of color change when crossed the zero line and the alert as well. http://www.multiupload.com/LSXWZKRONR http://i630.photobucket.com/albums/uu24/cubicrey/MACD_truewithalert.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 27, 2010 Author Report Share Posted November 27, 2010 Hi, Actions on Sunday Market Open http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov28.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 27, 2010 Author Report Share Posted November 27, 2010 Hi, Possible actions required on Monday 00:00 GMT+0 http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov29_pre.png Cheers R Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
cubicrey Posted November 29, 2010 Author Report Share Posted November 29, 2010 (edited) Hi, Today Confirmed Signals http://i630.photobucket.com/albums/uu24/cubicrey/2010Nov29r1.png Cheers R Update: AUD/CAD weekly renko the correct value is 0.9905 1 No. Red color brick. The mistake made is because my history data change without my awareness. Could anyone tell me how to avoid this in future? Edited November 29, 2010 by cubicrey Quote All that is necessary for evil to triumph is for good men/women to do nothing. Sharing is caring Link to comment Share on other sites More sharing options...
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