Forex Renko Charts can help you remove the guess work out of your trading and allow you to find profitable trades day and night. No more noise and no more clutter. This Forex Renko Trading System can help you find the direction of the market with 80-90% accuracy. It has been created by Jeff, who really knows his stuff! His Forex Renko Charting system really is a unique and profitable way to trade in Forex Market. I must tell you something more about Renko Forex Trading system –
1. It is not an Expert Advisor, meaning it is not one of those forex robots that do not work!
2. It is a unique way to set up your charts and use a different kind of trading system to make money!
3. It is supposed to have 79% trading accuracy!
4. Jeff has told me that he about 95% satisfied customers…which is really impressive to say the least!!
5. Moreover, Jeff is also giving you some custom indicators that will make your trading experience even better.
This is what Jeff has to say about his Forex Renko Charting Package: “All of your indicators need price to move 15-30 pips before they start triggering trades. Since most of us are on quests just to make 10-20 pips, it just kills me to see pips get passed by while waiting for my indicators to kick in. If there was some way to get in on a move on the very ground floor (or at least the mezzanine) I could have my 10-20 pips already banked before the indicators began getting everyone else into the trade, and I could either close out the trade (happily, I might add) or hang in and grab a few extra pips as the momentum kicked in from all the other traders around the world jumping in when THEIR indicators started giving them the same signals.
I’ve spent months (years, even) trying just about every indicator known to man or beast, using every conceivable setting I can think of, and have reached the conclusion that just such an indicator does not exist. Last week, I learned something shocking: I was right all along. It’s not an indicator I should have been searching for. It’s a charting method!!!
What I spent years looking for (and finally found) is called Renko Charting. It’s a type of chart developed by the Japanese, and brought to the western world by Steve Nison (the guy who actually “wrote the book” on using candlesticks for trading). I’m not going to get too deep into all the theory behind how these charts differ from “normal” candlesticks…mostly because all the higher math just confuses me and makes me go cross-eyed…Why is that?
Because these charts are all based solely on PRICE, not on TIME. Time based charts post a new candlestick or bar every 5 minutes, or 15 minutes, or one hour…whatever time frame you selected when you opened the chart. These charts ONLY post a new candle when price has advanced 5 pips, or 10 pips, or however many pips you select when you open the chart. This means you might go for HOURS before you see a new candle open, or you could see several candles open and close within the space of seconds, if price makes a dramatic move (usually right after a big news release).
Renko Charts are for traders who have the guts to take the trades when they see the signals, and the patience to hang in the trade as long as the Renko charts say the trade is still trending in the right direction. If you are NOT that kind of trader, don’t bother reading any further. This is simply not for you. But if you happen to be that type of trader, then I have a deal for you.
I’m putting together a package of material (including the indicator and template) for a “big ticket” release this Summer (2011). The price is going to be in the $1500 to $2,000 range. I haven’t worked out all the details yet, but I’m thinking about hosting a cruise, probably in the Caribbean since it’s not too far from my front door, and doing a combination vacation/live training cruise for a handful of people.”
You can try the Forex Renko Charting Package RISK FREE for 30 days on your demo account.