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A New Approach To Trading Forex and Stocks Using Renko Charts

Learn a unique Japanese Technical Analysis method to trade the markets and get a trading edge!

By Stephen Hoad -  Trader, Technical Analyst, Financial Markets Expert, THE STOP HUNTER

Renko charts are a unique, highly powerful tool in Technical Analysis and trading, that is little understood and used. Stephen has been using Renko and other Japanese chart types professionally in his trading and Technical Analysis for many years.

These types of Japanese charts are ideal for creating a more disciplined, systematic, simple, effective approach to the trading. They help sort out the emotion and 'bad' psychology while trading. Combine Renko chart types with 'Western' Technical Analysis tools and you start to create really powerful trading strategies. They are so simple once you get to understand them that they become ripe to move into the algorithmic trading world.

In terms of trading strategies, Stephen finds them a good all-rounder that can be used for break-outs, trend following, reversal systems as well as helping keep the trading shirt on your back and your hard earned money in your pocket, as they also make an excellent weapon to deploy for risk and trade management purposes.

With the help of this course you'll learn how to master a unique tool in Technical Analysis - Japanese Renko Charts, that will help sort out your bad trading psychology, add discipline to your trading and help you create a more systematic approach, as well as hopefully a new 'edge' to the success of your trading.

The course is for all abilities, but a prior knowledge of Technical Analysis and trading would be advantageous but not essential. You will need a Technical Analysis charting package that allows you to utilise Japanese charts such as Renko and add indicators and tools on top of these charts. If you don't have this, don't worry Stephen can point you in the right direction within the course (the free intro Section 1 covers this). If you just want to learn about Renko for purely educational purposes and don't want to apply it practically then you won't need a Technical Analysis charting package.

This particular course will suit anyone looking to get an edge in their trading and investing by learning a new approach to trading using Japanese Renko charts.

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