Further Explanation for newer traders
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Cool Time And Date Zone Website and Time Zone Converter. :) 3 replies
DislikedHi Jtee, I want to congratulate you for sharing your experience !! When do you trade with the Renko system and when do you trade in 1min TF with Ichimoku strategy ? To trade with 1 lot on EUR/USD, what balance do you suggest ? Many thanks friend. Wish you green pips. Cheers, Goodgame42.Ignored
Dislikedhello J! i have a q. i dont understand why this renko is having a longer wick then 5 pips and didnt form another renko brick - as it is not time related and it just should paint a new solid brick instead of a long wick. do u have some explanation or a way how u look at it or how does it effect you or not when this happens? any input will help to understand it better. thank you {image}Ignored
Disliked{quote} just realized,,,maybe 5 pisp didnt happen from the ''END'' of the previous bar in the prevailing direction ,maybe just 4 - thats why the wick,,,but complete 5 pips from the opposite edge of previews bar....and if it stays within no bar is formed... i dont have proper renko bars yet at the moment so i just guess.Ignored
DislikedHi, do you enter at the open of the second bar of same color or you wait for further confirmation ? Thanks for answerIgnored
DislikedRun to the store and in trade off of phone now, marked up on home pc for 1 min trade. {image}Ignored