In contrast to a confirmed resistance or support reverse pattern, the price reject pattern is intended to give a continuation trading setup. The pattern would occur after an initial reverse went through a price point that rejected and continued the current swing – for instance break support and then have it shift to resistance and reject, continuing the sell direction.
Renko Day Trading System Indicators And Trade Setups
This is a renko day trading system video that discusses the system indicators and adding them to the trading charts. Additionally discussed is a series of system trades from the 5 brick and 3 brick charts, and the related partial profit rules.
Renko Day Trading System Week One
2 videos discussing the end of the first week of trading the renko day trading system, with a focus on: (1) 1 video that shows the strengths of the trading system and the benefits of addon trading (2) 1 video that shows a period that would have been a trading loss, if not for one bigger swing that included an addon trade.
Renko Chart Day Trading System Continued Development
Renko Chart Day Trading System Continued Development – 2 videos discussing testing for 3 system rules: (1) stop size for band extreme reverses (2) holding the band extreme reverse for a stop -vs- a renko swing resumption trade on the next brick (3) the brick size to use for the emini dow futures – I will be trading a renko 5 brick to compare to the 4 brick.
Renko Chart Day Trading System
5 videos discussing the initial rules and adjustments being tested for the renko chart day trading system. The primary strengths of the system are: (1) more winners than losers (2) average win size greater than loss size (3) biggest moves include addons that will increase trade size and profit size.
Renko Chart Trading Method Consistency And Repetition
Renko charts trading patterns and setups consistently and clearly repeat, making them effective for usage in a trading method. And then by using a tick chart for confirmation of price location, momentum strength, and market conditions – the renko chart strategies profitability and winning percentage can be further increased.