Price momentum divergences and a situation when momentum is not confirming a swing high or low are an important chart read to use for filtering a trade setup entry, since these divergences often lead to a swing reverse or transition into price consolidation.
In this video I am focusing on (1) renko chart trade and tick chart trade that occur together (2) setting the initial profit target – and especially using a momentum and renko brick continuation chart read when the target is approached, in order to expand the size of the actual profit.
This is another renko chart consolidation video discussing ‘inside consolidation’ and ‘past consolidation’ and avoiding trading until there is a consolidation breakout setup. Additionally discussed is a renko brick2 trade setup that cannot be traded and why.
This is a follow up-up to the previous renko chart and tick chart video discussion. In this video, I am going through charts from 2 different trading periods, in order to examine whether trading has been improved or confused by using both of the charts together.
Renko chart strategy training video discussing the question: Should you day trade a sync combination of renko charts and tick charts, or is this an unnecessary complication that detracts from renko trading.
Renko chart emini dow day trade setup and review video, with a focus on: (1) including a 4 renko brick pattern as a base setup entry (2) trade setup filtering (3) addon trading (4) consolidation breakout setup.
How do you trade inside of price consolidation; you don’t. This video discusses renko charts during price consolidation and trade setups that should be avoided, because they are inside of consolidation – until there is a setup for a consolidation breakout that is past consolidation.
Emini russell renko chart day trading setups and trade review for 1-31 12:00 and 15:00 ct. Of special note are the following: (1) the difficult emini dow trading from the previous video, compared to a very good emini russell trading period (2) the importance of having your trading results be reflective of the trades setups and profit potential available.
Emini dow renko chart and tick bar chart day trading setups and trade review for 1-31 10:00 and 11:15 ct. Of special note is a price envelope reverse red-green midline reject pattern and what would have happened if a trade was done in the reject bar, without waiting for the reversal bar,
Renko chart and price bar chart sync reference video. The video will discuss chart sync for direction and momentum, and ask 2 questions: (1) are the renko chart and price bar charts synched (2) and if yes, do you have a trade setups.
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