PROFITABLE TRADING WITH RENKO CHARTS

 Profitable Trading with Renko Charts

One of the oldest and most popular Japanese charting methods, Renko can be

used to profitably trade all types of financial markets and instruments — and

over any time frame.

Renko charts offer traders many unique and unmatched advantages over

other charting methods:

■ Renko charts are simple to use

■ Trends are easier to identify in Renko charts since the price is always

either clearly bullish or bearish

■ Due to their uncluttered appearance, significant tradeable patterns are

much easier to spot in Renko charts

■ Being objective in nature, entry and exit signals are clearly defined in

Renko charts, making it easier to trade profitably

■ By eliminating insignificant price action, Renko charts help traders

control overtrading — one of the biggest sources of trading losses.

This comprehensive book provides step-by-step guidance, from the basics of

Renko charts to advanced methods of analysis and trading, keeping in mind

Indian market characteristics:

■ What a Renko chart is — and how to plot it

■ How to use the traditional tools of technical analysis on Renko charts

■ Thorough description and analysis of major price patterns in Renko, along

with examples and trading rules for each

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