This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
One thing that the analysts in this business will be challenged forever is about hindsight.
Even the simplest single EMA system can look outstanding when it comes to the happened candles.
While, for a mature system trader, what we really focus on is two questions:
1. "Do the patterns match the definition?"
2. "What exactly is the trade? (at least with an entry...
Hope this idea will inspire some of you !
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