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.
I am starting Renko day trading training for 2019 predominantly British Pound Renko trading and oil futures. The quantity of Index futures Renko trades has decreased, due to recent volatility and fast markets but will continually be reviewed.
Step by step approach for learning Renko chart trading, beginning with the basics of the Renko method and system. Then start practicing trading the Renko system with the objective of advancing to the trading of the full Renko method.
The Renko chart trading method trades with price continuation and momentum breakout strategies used since 1995. However, there was a transition from tick bar charts to Renko charts.
The method made this change because the price bricks in Renko charts are made from price movement and do not include times frames or trade volume. Using Renko charts and focusing on price movement has given additional clarity to the trade setups and trading strategies that make up the Renko trading method.