Mmm hard to say but depends on what you have read until now you could be on the right track already.. or not.. The best way to confirm that its to write down what its OHLC to you and watch a renko chart and see if holds true or not.. and then you ...

Renko channel - very accurate (assembled by me)

go to Tools>options>expert advisors> allow automated trading

Renko channel - very accurate (assembled by me)

I read that book and that chapter its flawed from start to finish.. im talking from experience, thats all. There is no "imposing" ideas over here, just sharing things wich its the same thing you are doing with everyone with the creation of this ...

Renko channel - very accurate (assembled by me)

that chapter its completely FLAWED from start to finish.. that its NOT how you read renko and certainly thats not how you enter the market with them in my opinion that was more than a filler chapter based on hot air than anything else because, ...

Renko channel - very accurate (assembled by me)

Carefull with that: that picture its 2 options, either based on ATR (useless) OR chosing a "timeframe" for calculation, both WILL give you a wrong chart !! dont be deceived by how "pretty and clean" it looks, that chart its flawed/not right

Renko channel - very accurate (assembled by me)

ASk yourself this question: what are you measuring with bands? what info are they telling you?? you are trying to pick the price extreme right?? what other way you have to do it? there are a few more consistent and reliable ways to do it but like ...

Renko channel - very accurate (assembled by me)

you are talking about using renko?? or reading renko in itself? because i have a few years doing this.. and maybe i dont suck because its my only income =) I take my own advice every single day, exactly how i posted !! what makes you think i dont? ...

Renko channel - very accurate (assembled by me)

ITs easy my friend.. well, lets say "simple" instead of easy because people in general doesnt like to hear that word + trading in the same sentence =) Renko its just a bunch of price "blocks" of certain pip size (chosen by you) correct? you have an ...

Renko channel - very accurate (assembled by me)

Did you just get upset because some stranger gave an advice to another in a forum over the internet?? really??

Renko channel - very accurate (assembled by me)

ah ok, thats different; if you are using those indis as "heads up" kind of alerts AND THEN you are the one deciding if its valid or not then its fine.. yea not everyone van be in front of a PC for a long time (not needed anyway honestly even using ...

Renko channel - very accurate (assembled by me)

Want to "improve" your renko strategy?? Easy.. Read RENKO and what its telling you; as soon as you do that you can remove ALL indicators right away (they become useless/redundant) maybe just a momentum oscillator to backup what you are watching on ...

Renko channel - very accurate (assembled by me)

you dont need a degree of any kind to trade, im my opinion the are actually worthless/useless (in this activity) and can/will work against you!! Grasp the basic of reading a freaking price candle, basic logic to money/risk, have some discipline to ...

What kind of Degree for Forex?

what is random is the way the data its shown in chart, NOT the market in itself !! learn the difference..

Forex is random

In the end, no matter what kind of mathematical/analisis/statistic crap you apply to the market NOTHING will give you a positive result in the long run Why?? very simple... EVERY SINGLE CANDLE in a time based chart its of a random size, wich change ...

Can statistical methods be used to create a trading strategy?

Where do you want to get with all of this?? the market IS NOT random at all !!! there is no need for "overthinking" what is going with the price, there are clear behaviour pattern before something very specific happens Overthink = you are NEVER eva ...

Probabilities in a Random Walk (Question about one CP's post)

STOP LOSS = "ok, thats it, i was wrong im not gona lose anymore.. closing this trade now" TAKE PROFIT = "nice !! let me close this trade and pocket the profit.. hell yea! "

What is a stop loss and take profit?

It happens because you dont have an structured aproach to trading.. i mean you dont have the steps clear in order to confirm what you are seeing its right/correct AND THEN proceed to click the buy/sell button.. how do you overcome that? easy.. ...

trading Mental block

Too EVERYONE that talks about "you should use low leverage because.. feelings and stuffs" you are a freaking noob.. yea thats right deal with it !! the ONLY goal of trading its TO MAKE MONEY !! PERIOD !!! so your FIRST goal its to LEARN HOW TO DO IT ...

Is it good use high or low leverage as a beginner?