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Thread: The power of Renko Trading!

  1. #1
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    The power of Renko Trading!

    Hello, all

    i see this forum has everything a trader needs to be succesfull, i just want to give a piece by talking about the renko trading, this is based on price movement only!! and with the help of some indicators can become a very profitable system, and best of all that is FREE!!!!! you dont have to buy anything cause i will share all i use to be profitable in trading. The power of Renko Trading!-renko-eurusd.jpg this is just a chart on the EURUSD showing the possible trades that could have taken, NOTE that the chart is based on a two pip box.

    will be posting the strategy soon.

    JDNeeman

    The power of Renko Trading!-renko-eurusd.jpg
    Last edited by JDNeeman; 12-26-2011 at 03:53 PM. Reason: Adding image

  2. #2
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    Looking forward. great. i know several traders using renko on forex. hope to learn more on it.

  3. #3
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    Settings and indicator for the Renko Trading.

    Im using the following settings,

    1- RenkoLiveChart_v3.2.ex4 Ea with box box size at 2 and renko time frame 2,
    2- TCCI
    3- Support and resistance (Barry)
    4- BBand Stop with alerts
    5- Forex Secret signals
    Last edited by kor4x; 10-21-2014 at 10:43 AM.

  4. #4
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    Looking forward to hear more, since I find renko to be the best chart version outthere.

    Greetings from Denmark

  5. #5
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    Renko Trading more to come

    Hello, All!!!,

    Im setting everything up, there is very good material, and im quite sure people will make money on this!! just a picture of what will be talking (one of them).
    Best Regards.

    JDNeeman.
    Attached Thumbnails Attached Thumbnails The power of Renko Trading!-renko-brick-trading.jpg  

  6. #6
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    Smile New Year Renko Trading

    hello,

    Ok, happy new year, im ready to start my trading year!!, hope you all find profits and wealth this year.

    I see a very good opportunity to trade the Oil, today was a very volatile day, with a range of 229 pips, some great and safe opportunities here, all this ahead of the NFP data to be released soon, just for your knowledge i use Hotforex Mt4 platform, and i trade only with renko charts, some times i apply to my chart korharmonics, this is a killer combination by the way, now i trade mostly the EURUSD and the Oil, and i try to stick to my rules.

    Renko form the japanese word "renga" means bricks, this is one of the must succesfull charting system due to the fact that there is NO noise in this type of chart, you trade the trend and mini trends that develope every trading day, support and resistance are very easy to spot, now with this system im using you just need to follow the signals, reversal signals are the best tradable signals, basically i trade 4 days a week and is enough (better not to bve greedy . i dont trade sundays, and trade ONLY part of the london session and the first half of the NY session 12 noon Eastern, is theres no signal during this hours i DONT trade, regarding my money managment system, i use an EA called AFX trailing, and i just set my stop loss for EURUSD at 40, TP at 60 trailing at 25 and lock pips 5, for Oil, i use 80 as SL, 120 as TP, and use 30 trailing and lock 10 pips.

    The power of Renko Trading!-renko-oil.jpg

    Lets talk about the strategy,


    1. Follow the signals!!,

    we have some reversal indicators (if you want to have this system i can provide to you) drop me an email at jdneeman@gmail.com, in combination with the breaklines and support/resistance lines this is just explosive.

  7. #7
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    Chart

    Forgot the chart

    The power of Renko Trading!-renko-oil.jpg
    Last edited by JDNeeman; 01-05-2012 at 11:01 PM.

  8. #8
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  9. #9
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    Awesome post. Thanks a lot JDNeeman

  10. #10
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    Renko Charts can help you detect changes in the market sentiment at the micro level. Let's discuss how Renko Charts are used by traders to detect market sentiment changes at the micro level.

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