Price Action/Renko systems

He has a point. So far there's not really much to go on here as to what you're doing with renko charts that makes your methodology viable. What's the reason for having a thread if you're not willing to share the meat of the topic?

last edited 2013 WOW....
What a shame because I use price action in my manual trading combined with Time charts to make trading decisions.
Results speak for themselves.
Perhaps one day I might teach someone really keen to make money from trading how to combine them to get the best possible results, but one thing I have learnt and that is either one alone is insufficient and although each person that is successful has his own way I do notice that their way does not last long until MM kicks in and that their risk has been significantly reduced to survive.

I'm a renko trader that use price action too. Hope to find more discussions soon here

post some chart and we ll talk..im a renko trader as well

Hi guys,

i use usually Renko10 to look the trend, Renko5 and Renko3 for entry.
I use renko from something like 3/4 years, and from 2 i'm following DEE50 method.

A really simply strategy based on PA. 123 pattern, SR, Breakout and so on.

These are my trades for today:

Dax 30 + 40
Renko3: classical Triangle breakout + 123 reversal + in according with Stoch & MACD on Renko3 and Renko5.
When we have triangle breakout or trendline breakout we could enter 1 - 2 brik before than 123 breakout.
Exit: @ first bounce from ema 50.

Renko3: after 3 trade stopped @be+1, when price retested lower trendline and bounced off it and BRN, i jumped in after Ross Hook green candle.
Manual exit @ Renko10 ema 200 + price was between 161 and 200 fibo's and BRN. I leave 20 pips on the table, but 40 pips are enought for me in this trade

all the best