Disliked{quote} Would you be kind enough to show how you trade Renko without any indicators please........Ignored
The grey lines on the on both the charts are the tops/bottoms of the 10 pip chart, the short green lines on the 5 pip chart are my entry points.
I was being a bit greedy/stupid yesterday, expecting more from the DAX than it was going to deliver. I've actually marked 3 trades - I got +8 from the short, and +5 and +15 from the two longs. If I had been less greedy I would have got +25 from each trade although I did take the last long trade early just above the 12600 level because I have been caught out by the DAX suddenly reversing off big number levels (the magenta lines) and ending up with nothing!
I hope that helps, there is nothing magical about it, just S&R levels
Cheers, Dave
Everything should be made as simple as possible, but no simpler - Einstein
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