Trading, to be blunt is nothing complicated as tons of sites make you believe it to be. Imagine you wanted to buy a house.. would you just buy it because it looks good? Or would you look into factors like how much of mortgage you can afford (and the loan approved by the bank), the prevailing interest rates, the housing market and so on?
What you do before buying a house is the same as conducting technical analysis before making a trade. In fact we analyze so much that it has become second nature. Whether you want to buy a car or a phone, you would of course look into various aspects right?
Trading is no different and the fancy term 'technical (or fundamental) analysis' is the same.
Learn to trade with Renko charts
Renko charts is nothing but looking at the same puzzle from a different angle.If you are interested to learn how to trade with Renko Charts, then read on...
But first, you might be wondering what's there to learn about Renko. One simply has to load the charts, and start trading. In fact there are so many websites that write about Renko. One statement that stands out from all the sites is that Renko charts is great for trend following. Sure, I couldn't agree more. But is it so? You might also come across some charts with renko trading strategies that tell you to simply put in a moving average and then buy or sell based on where price and the renko bricks are.
This might be one of the most common charts you might have come across.
Renko Charts - In Hindsight |
Let's take a look closer at the above chart once again. Focus your eyes on the rectangle highlighted box on the chart.
Renko Trading in real time - An example |
But again... I'm no one to convince you to see the deeper truth. You are still free to go on with your ways. But if you are prepared to be serious and want to make money trading the markets, then read on about my Renko trading course.
Why a Renko trading course?
Ever heard the saying "give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime." My renko trading course will teach you how to trade and more importantly understand the price action and what the market is telling you/us.
Update - Free to use resource
I no longer sell the course but have instead been working on my website, https://renkotraders.com. You can find all the information you need here. I cover the basics of using renko charts to trading strategies to get you started.
For those of you who are advanced, you will also find some trading tools that can compliment your trading.
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