Forex Strategy: Tips for Trading in Volatile Markets in 2018

For day traders, trading in volatile markets can be advantageous, but err on the side of caution. Why? Larger swings can lead to massive profits if you guess right or huge losses if you guess wrong.

So how can you approach Forex trading during periods of increased volatility? Your options range from small steps like increasing vigilance over your open positions, to the more dramatic like avoiding day trading all together. Here are a few things you should consider when trading volatile markets:

Be Cautious With Leverage

In stable markets, leverage is your friend, helping to increase gains and maximize profits. But in volatile markets, high leverage can be your enemy, resulting in dramatic losses when the market swings against you. That’s why you should reduce your leverage when the markets are volatile. Although this can reduce your profit, it will also lower your risk, helping you to avoid losses that can quickly add up.

Avoid Margin Calls

Significant market fluctuations can lead to the day trader’s worst nightmare: the dreaded margin call. When your positions are automatically closed, your losses are locked in. So what can you do to avoid this? First, it may be beneficial to increase the capital in your trading account. This will help cushion your open positions against the margin call. Additionally, reducing the size of your positions and tightening your stop-loss orders will help limit your exposure to volatile market swings.

Fundamental Analysis Is Key

Although many day traders tend to focus on technical analysis, during periods of volatility, it’s imperative that you pay closer attention to market news. Already volatile markets are more prone to reacting to monetary policy news, economic reports, and political volatility. By keeping a closer eye on these developments, you will have a better idea of when to avoid trading or trade more cautiously.

Increase Vigilance Over Open Trades

Day traders typically keep a watchful eye over their open positions. Yet, for longer term traders who might check in on their trades more sporadically, that can be extremely detrimental. In volatile markets, watch your positions more closely to avoid missing a large swing against your position. One strategy for addressing this, though, would be to automate the process as much as possible. Use stop-loss orders to limit your risk and close unsavory positions. And conversely, set take-profit orders to close profitable positions.

Avoid Trading Altogether

To the Forex day trader, it might sound unorthodox to avoid the markets altogether, but sometimes that’s the best strategy to missing those volatile swings. True, you might miss out on profits, and that’s why some traders increase their trading to capitalize on volatility. But you’ll also protect yourself against unpredictable market fluctuations. If you do decide to trade, be less aggressive in your trading. Choose trades more carefully and consider entry and exit strategies wisely.

Although trading in volatile markets might seem advantageous, it can be financially dangerous for novice traders. The key is adjusting your trading strategy, and in some cases, it might be best to avoid the markets until some semblance of stability returns. Participate in free Forex workshop of Learn To Trade today to know more about Forex trading.

 

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Consistently Make Money Trading Forex – 3 Methods

Consistently make money trading Forex!  This is a key problem many people have and is not always easy to accomplish.  There are three basic methods that are typically used for those interested in making money.

1- Let Someone Else Do It .  While this method is popular, one is trusting someone else with their money and hoping they are successful.  The client has limited input and the day to day adjustments are typically left with the manager.  Oddly enough many accounts tend to follow the market and not exceed the market by much. For example, look at mutual funds, while very popular, the results tend to just follow the market, e.g. S&P 500.  Also, significant restrictions are often placed on the client.

Most people, these days, are more sophisticated in their financial knowledge and are looking for alternatives, at least with a modest portion of their portfolio. These alternatives provide an opportunity for one to hedge their existing portfolio or even significantly expand their financial holdings.

2 – Learn And Do Everything Yourself.  Some try this method and find it extremely time consuming and difficult. While some are very successful, many are not. Most find that they do not have the time and technical ability to do everything themselves.  They typically have a day job and spending many hours per day learning multiple Forex trading approaches and techniques are daunting and eventually stop trying.

Emotional trading, not having a complete grasp on trading techniques and lack of time tend to result in trading losses. These losses lead to portfolio declines and eventually withdrawal from the market and continue with other more conventional approaches.

3 – Do It Yourself But With An Automated Program.  In this method one learns the basics of trading but utilizes an automated trading program for most of the actual trades. Some may say this is not possible. However, it is possible, just look at all the mutual funds and managed accounts. They all use computer programs for trading.

Having a good affordable, simple and automated trading program is the “Holy Grail” of trading. Everyone I have met would love to have a program that was simple yet consistently makes money over time. There is no perfect program but there are a few that come close.

I have seen and tried numerous programs ranging in cost from a few hundred dollars to many thousands of dollars. Most programs are very complex and require one to personally watch the market and make trading decisions during market hours – when most people are working.

Also, profiting during the ups and downs of the market are not usually available to the average investor. Typically one buys a mutual fund or stock and if it goes up you make money and if it goes down you loose money. Shorting a stock or option can be very risky and not available for the average person.

Currently, numerous market watchers believe that we are in the middle of a long term market down trend. The down trend is expected to last another 10 years (if it follows previous 18-20 year trends). This may place significant pressure on retirement funds over the next several years. As a result having a hedge against a market decline could be very beneficial.

With Forex or futures trading one can make money no matter which direction the market goes. Finding a good simple, affordable program which limits financial risk and does not take years to learn yet can place long or short trades is key. This method of trading can provide significant leverage and opportunity to increase one’s portfolio, or at least protect it.

With the correct program one can learn a little, set the basic risk parameters and let it trade, essentially unattended, during much of the day or night. Then one can make adjustments as needed for accuracy and risk tolerance. Forex accounts can also typically be started with limited capital and therefore financial risk.

So if you want to consistently make money trading Forex [http://www.forexautomatedprofits.com/],  then there are three basic methods.  Higher returns and lower risk tends to be with the third option.  This assumes that you choose the correct program which can be found at my website, [http://www.forexautomatedprofits.com/].  The program aided approach can protect against an overall declining market.

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Forex Strategy – EUR – GBP Scalpin

Learn to use timing and statistics in your trading. While you can never be able to foretell when and how the forex market will move, it is always best to have the background knowledge of how the particular currency pair that you are trading has moved historically.

For example, statistically, most currency pairs begin sudden and bigger movements at certain hours of the trading day. At 6:00 GMT, when the European market opens, there is almost a clockwork tendency for the market to move. Asian market trading is usually sleepy. And a trader can easily sense that European traders are entering the market at around 6:00 GMT when volatility starts rising and trading volume begins picking up.

It is the European market which usually makes the initial movement and gives direction to certain currency pairs, particularly those connected to the European region. Certain pairs are almost frozen in tight ranges during the Asian markets. A perfect example would be the EUR-GBP pair. If you would observe this pair for quite some time, you would notice that from 22:00 GMT up to until 5:00 GMT of the following day, the EUR-GBP almost always trades in a very tight range. Now, you may wonder how would you be able to make money if the currency pair almost does not move during this particular time. Remember one of the golden advantages of the forex market: there is always opportunity to make money in trading forex!

Even in a situation such as a currency pair ranging for a couple of hours, there is opportunity to make money. And it is pretty easy to do so. A currency pair which ranges is a perfect playground for scalpers. 5-8 pips for every little upward or downward movement in the market is all a scalper targets.

Since you are there to scalp, you expect to be in and out of the market in only short amounts of time. In fact, when scalping, the quicker it is, the better. So it is usually best to use the 5M time frame when timing your entries in the EUR-GBP. The secret lies in using the correct indicators to know when you will buy or sell. Exit levels vary depending on how fast the market can reach your profit target. But always remember that this is just a scalping strategy. Never be greedy for more pips since you are just targeting 5-8 pips per trade. If the market is not really cooperative, you may even have to exit with just 1 or 2 pips in the bag. Better safe than sorry.

Depending on a trader’s risk appetite, some scalpers even add positions or use Martingale strategies once they get in the EUR-GBP market. Since he truly believes that the market would bounce back to the levels where he bought his initial entry, he might as well take advantage of the opportunity of an oversold EUR-GBP, and buy some more lots before the price eventually turns around and hits all of his profit targets.

Of course, it goes without saying that there should be proper capital management when scalping. Know the limits of how much you can expose in one particular scalping opportunity. And stay within those limits. Stoplosses are also very vital in this strategy.

Opportunities are there every trading day in the forex market. Just know how to trade each type of trading environment. And stick to your trading plans and capital management guideline.

The author, George Patterson, is an economist by training, and an entrepreneur by profession. He rediscovered his passion for writing with the advent of blogging, and has been writing out his thoughts in a myriad of subjects ever since. Has been trading forex full-time for a living for the past 7 years.

To know more about the specifics of this trading strategy, visit his websites at Invest In Forex Online [http://investinforexonline.com] and Forex Automatic Trading [http://forex-automatic-trading.info].

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Basics of Fundamental Analysis in Forex Trading

Fundamental analysis takes into account economic, social and political variables that affect supply and demand of assets. Basically, supply and demand affect price and like everywhere else in the world, this counts also for the Forex. Based on various factors we can get an idea of how the country thrives. If the economy a particular country is doing well, its currency strengthens. Investors will want to invest in the country which means that they will have to buy a given menu. This means that if the economy is good, currency value rises. If it is bad, so the value of currency decreases.

What is Fundamental analysis
In general fundamental analysis tries to predict how the economic, social and political variables affect exchange rate movements (stocks, commodities or currencies). Default forecasting procedure consists from three steps:

  • Global Analysis – examines the overall economic situation
  • Field Analysis – examines trends in the development of the field
  • Analysis of specific entities – examines the value of stocks, commodities or value of the currency

We can divide the basic needs for fundamental analysis on Forex market into two steps:

  • Global Analysis – analysis forecasting development of currency markets in total
  • Analysis of specific entities – specifically at Forex market follows the development of a currency pair

But because of the Forex market being an internationally interlinked market, almost without borders and limitations, these two steps often blend together creating one big fundamental analysis of the global Forex market.

Fundamental analysis is a way to look at the market through the economic, social and political aspects that influence supply and demand of assets. In other words we are looking for an economy that is doing as well and regularly as its currency is doing. The better the country’s economy is doing, the more the neighboring countries believe in its currency. Marketers use the information based on the reviews posted on financial magazines, websites or published in professional journals and financial newspapers periodically weekly or monthly, in addition to the GDP (Gross Domestic Product) and ECI (Employment Cost Index), which are issued quarterly.

The most important information sources include financial newspaper such as Wall Street Journal, Financial Times, The New York Times, Business Week magazine, for example: as well as websites such as Reuters or Bloomberg, being these two the most prominent.

There are loads of fundamentals and other factors that cause changes in the rates of currency pairs; and fundamental analysis is extremely important for the trader. Even a trader who trades only on the basis of technical analysis must take into account the announced reports.

Politics moves with Forex
All the changes in the movements of currency pairs are directly tied to changes in government, military, economic or financial policy of superpowers. Political crises are usually very dangerous and mostly unpredictable for the markets. Contrary to anticipated political events (elections, conclusions of interstate agreements, etc.), which generally take place at the exactly specified time and provide the market with opportunities coming from these changes, political crises come all of a sudden. It is important to know that in cases such as political crises, the spread can expand from 5 to 100 pips. Then you need to act quickly and with a cool head to avoid large losses.

If you are considering and deciding to trade according to fundamental news, be aware that markets do not always react as they are expected to. Nervousness and speculation about possible developments even before the important messages are announced, often excite false signals to enter the trade. Therefore, it is important and necessary to carefully test the method of inputs and outputs, preferably on some demo platform with actual and real data.

There are a lot of factors that can cause a nation’s currency to fluctuate. The key concept is that the movement of currencies is based on supply and demand, which is influenced by both economic factors and confidence factors.

Basic indicators of Fundamental Analysis
Fundamental analysis aims to determine a currency’s value by assessing the relative strength and weakness of a country’s economy compared to those of its trading partners. GDP growth, inflation, interest rates, and political stability and other factors are all taken into account.

Interest Rates
Growth in interest rates causes an increase of nominal value of bonds and interest rate bonds. Interest rates are charged by various financial institutions. For example, the Prime Rate is an interest rate charged by banks to reputable customers and the Federal Funds Rate is an inter-bank rate for borrowing reserves to meet margin requirements. If there is an uncertainty in the market in terms of interest rates, any developments regarding interest rates could have a direct affect on the currency markets. Generally, when a country raises its interest rates, the country’s currency will strengthen in relation to other currencies as assets are shifted to gain a higher return. The timing at which the interest rate moves is usually known in advance. Interest rates are announced by central banks of individual countries, and the most important are:

  • Bank of England
  • United States Federal Reserve
  • European Central Bank
  • Swiss National Bank
  • Bank of Japan
  • Reserve Bank of Australia
  • Reserve Bank of New Zealand

Economic Indicators

  • GNP (Gross National Product) – GNP refers to the sum of all goods and services created by citizens of specific country.
  • GDP (Gross Domestic Product) – GDP indicates the value of all products and services produced in the country regardless of who owns the assets, or what nationality is the labor used to produce such products and services. The Gross Domestic Product is then the sum of all goods and services produced by both domestic and foreign companies in the economy in a year. GDP is a good indicator for the pace at which a country’s economy is growing or shrinking as it measures the country’s economic output and growth.
  • Consumer spending
  • Investment spending
  • Government Spending

Indicators of Industrial Sector

  • Industrial Production – Industrial Production is the quarterly measure of the change in the amount of goods and services produced per unit of input. It incorporates labor and capital inputs.
  • Capacity Utilization
  • Factory Orders
  • Durable Goods Orders – Durable Goods Orders measure the new orders placed with domestic manufacturers for delivery of hard goods.
  • Business inventories – Business inventories and sales figures consist of data from other reports such as durable goods orders, factory orders, retail sales, and wholesale inventories and sales data. Inventories are an important component of the GDP report because they help distinguish which part of the total output produced (GOP) remains unsold.

Indicators of Construction Sector

  • Planning permissions
  • Registrations, a proxy for housing starts
  • Dwellings completed
  • Investment in construction industry

Indicators of Construction Sector

    • Fiscal Policy – is the part of a national economic policy that affects the economy changes related to the amount and structure of public spending and taxes.
    • Monetary Policy – is the part of a national economic policy implemented by the central bank’s monetary instruments.
    • Inflation – refers to the increase in prices (price level)and wages over time that decrease purchasing power. It is calculated from changes in the price index, usually a consumer price index, or a GDP deflator.
    • PPI (Producer price index) – The PPI measures the average changes in selling price as indicated by domestic producers for their output in various industries. The Forex market tends to focus on the PPI for seasonally adjusted finished goods on a monthly, quarterly, semiannual and annual basis. PPI is an accurate precursor of the important Consumer Prices Index (CPI) figure.
    • CPI (Consumer Price Index) – The CPI is a primary indicator of inflation that measures the average price for goods and services most commonly used by a typical household. By definition, it is a measure of the average price level paid by urban consumers for a fixed basket of goods and services. It reports price changes in over 200 categories. Items included in the CPI reflect prices of food, clothing, shelter, fuel, transportation, health care and all other goods and services that people buy for day-to-day living.
    • GNP deflator – current and constant proportion of GNP
    • GDP deflator – current and constant share of GDP
    • Commodity Research Bureau’s (CRB)
  • Merchandise Trade Balance – balance of trade in goods

Indicators of Construction Sector

  • Report of the Employment Status – generally the most important indicator.
  • ECI (Employment Cost Index ) – the index of wage costs.
  • Retail Sales
  • Vehicle Motor Sales – the index of sales of motor vehicles
  • Personal income

Main Indicators

  • Average workweek of production workers
  • Average weekly claims for state unemployment
  • New orders of consumer goods and materials
  • Performance sellers
  • Contracts and orders for factories and equipment
  • New building permits issued
  • Change of the orders in the backlog of manufacturers
  • Change in the prices of materials

Fundamental analysis is a very effective and efficient method to forecast economic conditions, but not necessarily exact at forecasting market price movements. It important to study the fundamentals and see how they best fit your trading style before casting yourself into a particular mold regarding any aspect of market analysis. Furthermore, it is vital to stay current with public announcements and news that can suddenly move an exchange rate hundreds of pips in a matter of minutes.

Read more about Forex Brokers, Day-trading and Forex Market [http://www.wheretoforex.com].

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Trade the News in 2018

If you have been trading the Forex for sometime now, you will realize that price action fluctuates the most usually before and after an economic data release from the world’s major economy such as America, European Union, or Japan. Other times when price action swings in a volatile fashion is during times of political unrest such as the recent Egypt Riot, Greece Fiscal Crisis, or natural disasters as in the case of Japan’s recent massive Tsunami and earthquake off the Northeastern Coast of Sendai.

Whatever the case, staying up to date with current events and being able to interpret them as it relates to the currency market is an important skill that every trader has to develop in order to make sound trading decisions. Because news has such a huge impact to the currency market, sometimes causing pairs to move 60-100 pips in matters of 30 minutes-an hour. Subscribing to a Forex news signal provider can greatly enhance your ability to catch the BIG pips during these massive buy/sell rallies.

Forex News Signal Trading: Where to find them?

If you go to major Forex news services or large popular Forex brokerage, you can usually find a place to subscribe for a Forex news signal trading services for a monthly fee of anywhere $50 and upward. This is beneficial for you as a trader because this allows you to trade along side with a panel of expert analyst as they themselves trade the same recommendation as you and they are working for their company.

How to Trade News Anywhere in the World!

To trade the news, you should go to sites such as Forex factory or any other site that shows the daily, weekly, and monthly economic calender.

The first things you should note for is configuring the time zone to match the time zone you are living in to make sure you are not a few hours behind or few hours ahead when the news get release.

Second thing you should do is pay close attention to the particular countries you are trading your currencies with. In most cases, anything related to America is important because most of the major currencies are pegged to the American dollar as they are the world’s reserve currency therefore whatever the Americans do will have an effect on most currencies on the board.

In recent times, the Chinese economy, now the second largest in the world, surpassing Japan is also becoming very influential in the currency market particularly to commodity resource-based pair such as the Australian dollar or the New Zealand dollar (traders like to call it the kiwi!) Why? because the Chinese are busy buying up the entire world’s resource/commodity in order to fuel their ever growing economy.

When to Trade the News?

There are two key times that trader should be on their screen when an economic news is release. The first is a few hours usually 3-4 hours before the news. Rumour abounds during these times and trader will begin to take sides on a particular currency driving up the prices and creating massive build-up right to the very hour when the news release. After the news get release, two things usually happen.

1) If the news is not what trader has expected, there will be massive sell-off and reversal pattern which completely counters the previous 3-4 hours build up of that trend. These reversal pattern usually last an hour and the currency is back to where it had left off in the previous 3-4 hours before the news started.

2) If the “actual” forecast is in according to the “predicted” forecast, you will usually not see much action as before but rather you will see a consolidation or leveling of the trend on the chart. Sometimes you have to be extremely careful because there is what’s call a”fake sell off.” Basically what happen is the big banks and hedge funds will try to trick theindividual traders by producing a fake reversal pattern only to see a sudden rebound minutes later as the actual trade direction reveals itself.

Yes, welcome to the real world. It’s a dark world out there and this is why the big shark will always swallow up the small fishes.

How you can protect yourself against the big sharks?

By subscribing to a reliable Forex news signal providers, you can follow exactly how professional traders trade the Forex as they are already very familiar with the little tricks that the big sharks try to pull and you will be following the tails of the big sharks instead of going directly into the big sharks’ mouth!!

Nick is a 22 year old Chinese Canadian trader from Hong Kong and he has made a list of the most reliable Forex news trading signal indicators online today that people can use to enhance their trading decisions and profitability.

Grab your FREE recommendation list of Forex Trading Signal Indicators [http://myforexonlinetraining.com/forex-trading-signals] and jump start your FOREX career today!!

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8 Simple Steps to Scalp the Forex Market in 2018

A pure Forex scalper exits a position quickly if the market doesn’t go his way. He will make a number of trades a day, between 10 to a couple hundreds, and he doesn’t hold on to a losing position hoping or praying that it will turn around!

The main aim of the Forex scalper is to buy (or sell) a particular pair of currency at the bid (or ask) price and then quickly sell them a few pips higher (or lower) for a profit. When the Forex scalper uses this strategy, small profits can be easily compound into large gains if a strict exit strategy is used to prevent accumulating large losses.

Most Forex scalper mostly makes use of 1 min, 5 mins or hourly charts to scalp for small profits in the Forex market. Most of the good Forex scalper will choose a brokerage house that provides a reliable platform with instant execution of orders, which is highly crucial to his profits.

I was fortunate enough to know and work with some of the best day traders that scalps for a living. They have shared with me some of the main ingredients, which they use to scalp the market.
In this post, I am going to summarize the scalping strategy which i have incubated, into 8 simple steps;

1st Step

Go to http://www.forexfactory.com to check important data release time

2nd Step

Record the previous day OHLC (Open, High, Low, Close)
for all the 4 major currency in your diary.

3rd Step

Identify candlestick studies(i will reveal more next time) on the daily charts

4th Step

Identify major trendlines, support and resistance on the daily charts

5th Step

Determine the market sentiments (Bullish or Bearish?) for the day.

6th Step

Go to hourly charts and determine the support and resistance

7th Step

Lookout for candlestick (We will talk more about it in our next article) formations on hourly basis.

* For reversal candlestick signal;
– Wait for better signal or staggered your lots
– Enter only near support or resistance level

8th Step

Adjust your risk to entry level when you are 10pips in the money.

* Scalping Risk Reward Ratio
Risk : 10pips
Target Profits : 20pips

I hope you have benefited from my summary above, on the steps to scalp the Forex market. In my next article, I will be focusing more on the Japanese Candlestick Studies.

Hi

Let me give you some history about myself.. I am a 33 year old Singaporean(as of 2009). Who started my trading journey since 2004. Now, I focus mainly in Stock Options, Forex and other Investments. I have started Online Trading FX – a site about trading psychology, Forex trading, investments and other topics that interests me from time to time. I hope to educate and contribute my humble experience and thoughts to everyone out there.

Do find out more in [http://www.onlinetradingfx.com]

Best Regards

Sebastian

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Are Renko Charts a Better Way to Trade Forex?

Renko charts hold their own forte when it comes to traders using these custom chart types. Although the more popular candlestick or bar charts are still widely preferred, traders who trade the markets with Renko bricks tend to be more comfortable trading this chart type than switching to other forms. A quick look at some of the popular trading forums and one can see the increasing number of traders coming up with new Renko trading strategies.

What exactly is a Renko chart you might be wondering?

Well, for starters it is not a holy grail chart that will show you things that others don’t see. Renko charts are merely a graphical way of displaying price on the charts, in the form of bricks.

If you haven’t come across a Renko chart before, the first time you look at these charts can be visually captivating. If you have been around in the markets for a while, you might actually find some similarity between Renko and Heikin Ashi charts, at least as far as trends are concerned. But that’s where the difference ends. Renko bricks are unique because the charts are built using price, unlike other charts including Heikin Ashi where time is a factor. This unique feature makes the Renko bricks purely showing price and thus in a way trends as well. What captivates most traders about Renko charts is the fact that due to the lack of noise in the price bricks, it is a lot easier to trade. We all know the popular usage of the trend being your friend.

Renko boxes are widely used, not just in the Forex markets but also in stocks and futures as well. For a technical analyst who prefers to trade with price action, there is nothing better than this. From chart patterns to support and resistance levels, you can quite see everything that price is doing.

It is perhaps due to this feature that Renko charts are often used by traders, who rather unfortunately expect to see their trading turn around. But that is not always the case. If you are trading without understanding the concepts of the market dynamics, then no chart, existing or future inventions will be able to help you make profits with trading.

But why use a Renko chart type where there are tons of other regular conventional and un-conventional charts to use from?

As mentioned, it is purely a question of preference. For the astute technical analysis, Renko charts can offer a lot more information compared to a Heikin Ashi or a candlestick chart. This chart type can also be beneficial if you are not worried about time but focused on what price is doing. And yes, due to the nature of these charts, there is some key market information that can be easily seen, but could be missed when using one of the many conventional chart types.

Reasons why you could use Renko charts

Here are some of the main benefits of using Renko charts.

Price indecision: In traditional chart types, price indecision usually refers to prices ranging back and forth. While this is also evident on Renko charts where you can see these ranging price patterns with consecutive bricks being plotted up and down and prices heading nowhere, there is an edge however.

The advantage is that these consolidation or indecision zones are easier to spot. And if you are good at your technical analysis, you can look at past price action and figure out why the market is behaving the way it is.

Pull backs in a trend: There are tons of articles that talk about how to trade pull backs but the truth is that in real-time it can be hard to trade unless you know and are confident in your trading approach. With Renko, the pull backs in the trend are a lot easier to spot and don’t require much of subjectivity.

More trading opportunities: Whether you want to scalp the markets or whether you are in for the longer term, Renko charts can show you different ways to trade. From taking profits for every 10 ticks to riding the trends, or even counter trend trading, the charts make it all the more easier. It all depends on how big your Renko brick size is.

In conclusion, if you are looking for an alternative way to trade the markets, not just in hopes of finding the next holy grail, then renko charts might be worth your time, as long as you have an open-mind and willing to explore the possibilities.

http://renkotraders.com is the first and unique website dedicated to imparting knowledge and techniques of trading with Renko, Median Renko charts. The information provided is free of cost with practical trading examples and tons of renko trading strategies that are tried and tested.

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