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