Ye know, one thing they all have in common are chase setups. This will be upvoted in the Wsb/reddit forum.
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Your favorite setups and signals
- Thread starter frnw
- Start date
Ye know, one thing they all have in common are chase setups. This will be upvoted in the Wsb/reddit forum.
Sorry.....it's proprietary.
wizard did not want to explain.
anyway, those who use Renko charts are swing traders, not day traders.
different people use the Renko chart differently.
I don't use it because I am a day trader.
You can use a time-based or volume-based Renko chart.
He probably enters after the end of retracement, at the 3rd candle.
all traders enter a trader after the end of the retracement.
and this is no secret.
But newbies and those who trade based on prediction do things very differently.
B.S. Renko appropriate at all time-frames, brick sizes.
we have:
1) intraday swinger
2) intraday scalper
3) multiday swinger
4) multiday scalper
Know your niche.
B.S. Renko is not suitable for day traders.
the candlesticks are 'rounded' off.
the highs/lows are different from the normal candlesticks.
it can be off by a few ticks.
definitely for the swing traders, those few ticks off are acceptable.
Perfect High Tight Flag
Bby
Just want to anticipate the breakout,
Buy that Fckin Double bottom,
Stop @ 8$
Could be a 20 to 1 Reward to Risk !!!
That's what a Fcking edge is.
Especially if markets cooperate.
By the way ...
In the grand scheme of things,
This is a fckin Handle from a Cup !
Next target could easily be 15$ as per chart.
Bby
Just want to anticipate the breakout,
Buy that Fckin Double bottom,
Stop @ 8$
Could be a 20 to 1 Reward to Risk !!!
That's what a Fcking edge is.
Especially if markets cooperate.
By the way ...
In the grand scheme of things,
This is a fckin Handle from a Cup !
Next target could easily be 15$ as per chart.
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Nah, something doesn't look right. First, that gap needs to be filled. Moreover, the double bottom you speak of is not really the "bottom". Plus if it was the bottom (support), it should align with previous resistance to have any credibility. But I don't see any to the left of the chart.
Don't mean to jinx your optimism. Just my worthless 2 cents. Anyway, good luck.
Nah, something doesn't look right. First, that gap needs to be filled. Moreover, the double bottom you speak of is not really the "bottom". Plus if it was the bottom (support), it should align with previous resistance to have any credibility. But I don't see any to the left of the chart.
Don't mean to jinx your optimism. Just my worthless 2 cents. Anyway, good luck.
Always great to debate about Technical Analysis
I'll keep you updated in 2 months
Guess it should have been filled already.
But sometimes they act as support,
Because people buy the gap,
Then defend for dear life.
Let's see !
If we look on the left from the Big Picture chart,
We can see a kind of an Head and Shoulders,
The shoulder more or less align the bottom.
Because it's the bottom !
Even a double one ^^
Cheers
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Symbol??If we look on the left from the Big Picture chart,
We can see a kind of an Head and Shoulders,
The shoulder more or less align the bottom.
Because it's the bottom !
Even a double one ^^
Cheers