Would you post Pictures?please
P.s im also completed for the afternoon 5,5 Points in my book
Would you post Pictures?please
P.s im also completed for the afternoon 5,5 Points in my book
Just for contrast here's this mornings open with 300 range bars and heiken ashiOriginally Posted by ;
then with 150 mean renko
Both really similar... Mean Renko looks somewhat simpler to trade and also filtered out a couple of bad transactions. Its well worth doing a few comparisons
I have tradet now the entire time to get a feeling for your own egy and think the best entry is.
Because when we input before this point the price moves often more from the pullack direction and at this point it extends to 10 points as a impulse in our favor.
What do you believe?
Hi,
Many thanks for sharing your method. Do you use any leverage when making transactions and have you ever considered applying it to other tools?
you are exactly right. When we take the market as moving from points 1,2,3 and 4, when price brings back to point 3 and you take a commerce between 3 and 2 price can bounce up and down for quite a while, make you doubt your choice and pressure you out but after it breaks point 3 it generally takes a lot of momentum to point 4.Originally Posted by ;
The disadvantage is you are in the trade after and have less room to earn your pips.
In precisely the exact same time getting in to early may lead to a double top/bottom or might be the start of a trend shift.
What we will need to figure out is what is statistically the better entry point.
Jea thats right! Thanks for the long response
The only Problem is that we cant backtest the heikin ashi.
Time will tell which entry is better and if we must fix target or stop
But if we get our 5% a Day would be quite wonderful