pkealoha76

Underestimated RENKO’s

Long
pkealoha76 Updated   
FX:EURJPY   Euro / Japanese Yen
Did an Elliott count and my RENKO chart said otherwise. Been making money with my RENKO project. My EWT not as easy. We’ll see how this goes? The MACD on the RENKO seems to work well thus far.
Trade active:
The .786 / .860 gets dismissed for dead on swing traders but for harmonic traders those are still valid via the BAT & GARTLEY... ETC patterns which many times get their validation into big profits and leave other traders behind. Seems certain RENKO strategies allow the simple indicators to work. Albeit RSI/MACD/CCI/ Even a series of MA’s that keep you in a trade and give you sensible exits. Anyways I love to use RENKO charts/oscillators to verify taking an Elliot count on the candles/bars. Confluence in trading is welcomed. Like you’re pleading a case for a client that means the world to you in court. When you win, it’s big!!! So be your best! Aloha!

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