This video continues discuss the renko midline reject setup entry timing. Of particular focus is a trading chart discussion and whether there was any reason not to enter all of the trades on the reverse brick after the midline reject – I also point out 2 trades that I really shouldn’t have taken and why.
The price envelope reverse midline reject is my favorite renko trade setup and is easy to identify on the chart. But what is not as clear is the actual entry timing – and entering inside an uncompleted brick after the reject -vs- waiting for that brick to complete and begin a new brick.
This renko trading chart video has 2 primary focuses: (1) discussion on the new renko trading indicators parameters and conditions, along with setting these up on the charts (2) general thoughts about the strengths and weakness of the renko charts and how they fit our trading method strategies.
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