Renko chart day trading training videos, discussing: (1) Renko method and trading strategies (2) Renko trade management (3) Renko trade filters used to show when entering a trade would be into price support or resistance and/or trading against price momentum.
Renko chart pattern breakout strategies are a beneficial to our trading method as additional trade setups. And because these breakout trade setups tend to lead to price continuation they are trades that could be done with extra size or as another addon trade in a trading swing.
Discussion of Renko price trading strategies and how price affects our trading method. Renko chart prices can be trade setup filters, but they can also be used in trade setups for the failure of support or resistance, along with the breakout of trend lines and price patterns.
Using Renko chart trading price lines is an important part of our trading method. This is because the relevant price lines that are support or resistance tend to hold, so we use them as a trade setup filter and avoid trading into them. However, the diagonal prices from trend lines and chart patterns tend to breakout and thus make good trade setup components.
Discussing combining our Renko indicator trading strategies, with our trade setup filters. The objective is to avoid entering a trade directly into price support or resistance and/or against price momentum.
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