kennylim02134

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USO: Trading US OIL using RENKO
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USO, D
Trading US OIL using RENKO

Principles 4 bars can set a trend ; MA 20 & 50 as a direction guide retracement 1,2,3 bars ; or 4 bars if trend greater equal 10 bars Consider counter trend when RSI came back from oversold /bought area Entry method 1) enter on retracement (1st bar aggressive) + cross MA 2) enter on SR break + cross MA: SR can be a 1~2 bar range 3) Enter on double bottom / top ...

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