| Re: Renko charts-Precision Forex Sukhen,
I can't help you out with the email address as I am not sure what it is myself.
Upcash,
I have been trading Strategy 3 for the last couple of weeks on the JPY only and has done pretty well. The only major problems I have found is a little whipiness around news and if my alerts don't go off (which happened today - doh!) Other than that, the JPY has not been a bad pair to trade. I'm not too fussed on stops, just have an uncle stop in case, but normally let the signals take me in and out of trades.
I find when I start trading more than one pair, I tend to loses a little concentration and make a few mistakes.
With regards to Strategy 3a, I'm not even sure it was an official release. I have played with it a bit and found it can get you into some nice long trades, but like a trend following systems, in a sideways market, it isn't pretty. The trick is having the patience to wait, knowing there will eventually be a nice big one to clear your losses. The only thing I am not sure of is the use of the bolinger bands. These are something I have never really used and I am not sure how they fit into the scheme of things within this strategy. |