Chartist Ranga, Author at Renkotraders.com

Renko RSI Swing Failure Strategy

The RSI Swing failure strategy is one of the simplest of trading strategies, which when applied correctly can offer great profits. Traders with discipline and patience will find this method to be extremely rewarding when applied to the Renko charts. Read more about the RSI swing failure trading strategy with Renko charts.

Continue Reading... →

EURGBP Renko Technical Analysis, Staying Short from 0.7889

EURGBP Renko chart below is of the 25pip fixed box Renko. The chart shows a…

Continue Reading... →

AUDJPY Renko Analysis – A puzzle in the making

I was a bit too early in my previous analysis of AUDJPY and the trade…

Continue Reading... →

ProTrader – Renko Charts Review

ProTrader is a relatively new trading and charting platform but has been one to definitely impress me. Developed by PfSoft LLC, Protrader packs a punch as it offers a great deal of flexibility when it comes to using Renko charts. Besides Renko, ProTrader also has other chart types such as Kagi and line break.

Continue Reading... →

MT4 – Renko Charts Review

MT4 is one of the most popular trading and charting platform that works well with both entry level traders as well as advanced traders. Having come a long way, I do find it very disappointing that MT4 has limited its chart types to just the Line, Candlestick and Bar charts.

Continue Reading... →

Tradingview.com Renko Charts Review

Tradingview.com is an online free charting platform that has been growing in popularity. Among the various types of charts that are available, Renko charts is also offered by Tradingview.com, beside Kagi and line break. To use the Tradingview.com Renko charts, traders do not need to register an account and can freely use the chart

Continue Reading... →

AUDCHF Renko Analysis – One more dip before the rally?

The Aussie dollar has weakened considerably across the board, supported by a dovish RBA that…

Continue Reading... →

Watching GBPAUD Renko Charts for Possible Shorts

I am a big fan of trading currency pairs that also give me positive swaps.…

Continue Reading... →

ADX Renko Trading Strategy

Renko charts can offer a great way for traders to identify trends in the market due to their smooth plotting of price. Likewise, the ADX or Average Directional movement index or Average directional index is an oscillator that is used to identify trends as well.

Continue Reading... →

EURJPY – Long Term Renko Analysis

In the EURJPY Renko technical analysis, I make use of two different fixed box size…

Continue Reading... →

RSI Oscillator Renko Double Top and Double Bottom strategy

Double Tops and Double Bottom Renko chart patterns are perhaps one of the easiest of price action patterns to trade due to their simplicity without much of objectivity involved. However, not all Double Tops and Double Bottom patterns on Renko charts tend to be valid.

Continue Reading... →

Types of Renko Charts – Standard Renko, Custom Renko and Mean Renko Charts

Renko charts, despite their simplicity can be disastrous if a trader does not have a proper understanding of how the Renko charts’ boxes are plotted. In the previous article, I mentioned how Renko charts can be configured based on the box size.

Continue Reading... →

EURUSD – Renko Predictive Analysis

This is rather unique and new which i'm going to do. Basically try to predict…

Continue Reading... →

GBPUSD Positioning ahead of the Scottish vote next week

I believe that some of the best trading opportunites come when there is a confluence…

Continue Reading... →

NZDUSD Renko Technical Analysis, Targeting .7948

The NZDUSD renko technical chart below presents the larger overview of the market. With RBNZ…

Continue Reading... →

EURCAD – Updated Renko Technical Analysis – 05/09

After the ECB's plans of further easing, the Euro has weakened across the board. For…

Continue Reading... →

AUDCAD Renko Analysis, Update

This article is an update the previous AUDCAD Renko technical analysis. We are still of…

Continue Reading... →

AUDCAD Renko Technical Analysis – Sell Signal

This analysis of AUDCAD Renko charts is a delayed analysis. Subscribers to our newsletter received…

Continue Reading... →

EURCAD Renko Technical Analysis – Downtrend in play

This is a delayed trade signal for EURCAD. A short position was initiated at 1.458…

Continue Reading... →

Renko Divergence and Trend Line Break Method (Renko DTL Method)

This renko trading system, the Renko Divergence and trend line break method is a powerful trading system used to capture massive pips with high precision. Ideally suited for swing traders, read this Renko trading method to learn more about the chart set ups and the buy/sell signals.

Continue Reading... →

AUDUSD Renko Technical Analysis, 19/08

The AUDUSD Renko charts paints a very bearish picture for the Aussie Dollar. The latest…

Continue Reading... →

AUDCAD Renko Analysis – Minor Head&Shoulders

There seems to be a minor head and shoulders pattern formed in AUDCAD Renko chart…

Continue Reading... →

Trading the “W” Renko Chart Patterns

Of the many chart patterns that appear in Renko charts, the "W" pattern is one of the most reliable renko chart pattern to trade. This article gives a step by step outline of how to identify the "W" pattern and how to trade it.

Continue Reading... →

Trading with Renko Charts – An objective approach

A subjective approach to trade always carries the risk of misreading the charts or price action. Fortunately, renko charts offer an objective approach to trading and helps not just with forming a trade analysis or bias but also helps with trade management. This article explains more on this topic.

Continue Reading... →

EURUSD at crossroads

The EURUD pair has been sitting at a key price level which is critical to…

Continue Reading... →

Renko Chart Patterns: Double Tops & Bottoms

Trading chart patterns is easy and even more so with Renko charts. But not all chart patterns are successful. In this article learn how to trade renko double top and double bottom chart patterns successfully.

Continue Reading... →

GBPUSD Renko Analysis points to a larger correction

This analysis is a follow up to the previous renko analysis of GBPUSD where the…

Continue Reading... →