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.
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.
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Market replay video that begins with the trade management and exit for an open YM short from the previous video. From there we continue to look at relevant trading prices that that affect new trade decisions, along with the next trade that was taken.
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 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 trade setups discussion for how they are used as timing when position trading: (1) trade entries with position direction (2) position profits (3) counter direction options trading. Note that the video all discusses some points about renko setups, regardless of position or day trading.
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