RenkoMaster

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About me I do renko analysis on a different platform. However, I plan to publish my trades. Good luck
Joined
Markets Allocation
100 % forex
Top Mentioned Symbols
USDCAD 13% | 3 EURJPY 9% | 2 NZDUSD 9% | 2 USDJPY 9% | 2
RenkoMaster RenkoMaster AUDCAD, D, Short ,
AUDCAD: Sell on close
21 0 3
AUDCAD, D Short
Sell on close

Clear downtrend, rejection at lower high.

RenkoMaster RenkoMaster USDJPY, 15, Long ,
USDJPY: Yen to fall, dollar to gain
71 0 2
USDJPY, 15 Long
Yen to fall, dollar to gain

Yen is clearly becoming overvalued post Brexit. Currently, the situation appears to be working itself out into another risk on recovery which indicates future yen weakness. On the 2H chart, we are at a downwards support line that is bound to act as a strong buffer against further USDJPY weakness. Look for indications to buy and good luck.

RenkoMaster RenkoMaster USDCAD, 30, Short ,
USDCAD: USDCAD downside to continue
59 0 4
USDCAD, 30 Short
USDCAD downside to continue

Good luck

RenkoMaster RenkoMaster EURJPY, 15, Long ,
EURJPY: Long EURJPY
55 0 6
EURJPY, 15 Long
Long EURJPY

Proper money management and trading methodology gets you far.

RenkoMaster RenkoMaster AUDCHF, 15, Short ,
AUDCHF: (?) Trade of the month (?) Short AUDCHF
66 1 3
AUDCHF, 15 Short
(?) Trade of the month (?) Short AUDCHF

AUDCHF going way, way down. I plan on getting extremely high RR, and hence profit, on this trade if it comes to fruition.

RenkoMaster RenkoMaster EURCAD, 15, Long ,
EURCAD: Bottom reversal
15 0 2
EURCAD, 15 Long
Bottom reversal

Stop at 1.4580

RenkoMaster RenkoMaster EURJPY, 60, Long ,
EURJPY: EURJPY Bottom catching
77 0 6
EURJPY, 60 Long
EURJPY Bottom catching

I believe that EURJPY has bottomed for the time being is in for a pretty good multi hundred pip move. I am already long for an indefinite period with a stop just below 123. GOOD LUCK

RenkoMaster RenkoMaster USDJPY, 60, Short ,
USDJPY: Quick Trade
92 0 4
USDJPY, 60 Short
Quick Trade

Just some ideas while I wait for high RR setups.

RenkoMaster RenkoMaster NZDUSD, 60, Long ,
NZDUSD: Quick trade
49 0 4
NZDUSD, 60 Long
Quick trade

Lots of structure below. I would believe that this trade has a fair chance of working. 1:1 RR also makes sense.

RenkoMaster RenkoMaster CADJPY, 60, Short ,
CADJPY: Short term CAD retracement, Yen still bull
57 0 8
CADJPY, 60 Short
Short term CAD retracement, Yen still bull

SHORT AND GOOD LUCK. RR of 3 and could continue lower even.

RenkoMaster RenkoMaster GBPJPY, 15, Long ,
GBPJPY: Possible recovery
44 0 4
GBPJPY, 15 Long
Possible recovery

Good RR, Good luck

RenkoMaster RenkoMaster EURNZD, 15, Short ,
EURNZD: Trade for the week: EURNZD Downside continuation
90 1 5
EURNZD, 15 Short
Trade for the week: EURNZD Downside continuation

Good luck

RenkoMaster RenkoMaster AUDNZD, D, Short ,
AUDNZD: Sell on climbs
38 0 5
AUDNZD, D Short
Sell on climbs

Lots of bearish potential. When it falls it will fall big. Good luck.

RenkoMaster RenkoMaster EURAUD, 120, Long ,
EURAUD: Buy on Dips
36 0 6
EURAUD, 120 Long
Buy on Dips

Double bottom w/ stop below Good luck

RenkoMaster RenkoMaster NZDUSD, 240, Short ,
NZDUSD: Triple top
16 0 4
NZDUSD, 240 Short
Triple top

The market has, according to my own trading style, generated a triple top and currently is in a leg to the downside. I am targeting the .6610 area with a stop as equally big at the .6750 area, which has ample resistance. Furthermore this may be a start to a trend lower to retest the .6400 area. Don't miss out on it.

RenkoMaster RenkoMaster GBPUSD, 240, Short ,
GBPUSD: GBPUSD locked into downside for now
110 0 6
GBPUSD, 240 Short
GBPUSD locked into downside for now

We will continue to see bearish sentiment on the GBPUSD pair, and I expect that it will continue down to the 1.50 area. Price is beginning to move into a wedge, so we will see in the future whether price decides to break out to the upside or more to the downside. Either way, I am short on this pair for now.

RenkoMaster RenkoMaster GBPUSD, 240, Short ,
GBPUSD: Weekly View
23 1 5
GBPUSD, 240 Short
Weekly View

GBPUSD will most likely move down at this point. I would favor a short at this level, since OBV shows a very clear continuing trend downwards.

RenkoMaster RenkoMaster USDCAD, 240, Short ,
USDCAD: LIVE TRADE - 4h scalp
32 0 4
USDCAD, 240 Short
LIVE TRADE - 4h scalp

Let's see how it goes boys. 1:1 RR, 50% retracement target 50 EMA seems to be handily right at target region

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