If red bar below green renko bar then I am expecting DAX to trade towards This scenario is only valid if we form a red bar below the green one now.

Been waiting to use this new Renko chart on a trade and I believe this should be a good one.

Let's see how we do. With some careful back-testing fittingrenko can help us to be on the right side of trades, acting as a useful filter for signals both on longer and shorter time-frames.

Hughes Optioneering

Technical short to level 2. First idea to test out TradingView.

This is based on my continued study of Renko charts. Also, parts of this is original thoughts but the initial Renko strategy is based on work and ideas shared by GcNaif. I currently have a short position in Wheat based on Renko supports the fact that gold is stil in an uptrend: To have a real confirmation for the next wave we need to see a breakout wich surpasses wich is very plausible given recent price action. Hold longs for conservative swings, add up on intraday lows for speculative positions.

AUDUSD Heikin Ashi reversal set-up confluence of Renko reverse. This chart is similar to the one I posted 3 moths ago just in renko format.

Some of the following ideas are based on how to make money as a rancher outlined in this link: In my previous ideas on renko charts, my main goal was to identify price consolidation based on ADX and then trade the Since my last discussion on Renko Charts, I've made some changes to what my view of long term vs.

Currently, I'm experimenting with a 2hr and dubai stock market talk min chart I'm continuing focus on my primary scenario of a breakout of price based on consolidation dictated by the ADX of the DMI.

The general goal is to find 2hr charts that have an ADX reading of One of the first links I came across which seemed to have the least complex strategy: A special thanks for GcNaif for helping me with Is the next stop 1. Looks like not much resistance left. Strong preformance and demand of USD and heavy printing by ECB. If we will be pushed by suprising managment switches by Yellen or Draghi outlook have renko and forex be changed.

There are still big Risk factors in play for the rest of the year caused by Brexit and tumbling southern Euro countries. Also keep in mind there are elections in the USA… So in Q3-Q4 it can be choppy also in the US Equities. Nothing new from QE Front. ECB still pumping and ready to use all tools to archive thier goals. That normaly should chill out markets but Private Messages Chat Ideas Published Followers Following Priority Support.

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How to Trade Using Renko Charts [With Pictures]

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Trading with Renko Charts - ProfitF - Website for Forex, Binary options Traders (Helpful Reviews)

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