Renko Chart Trading Strategy — Step-by-Step Guide & Transcript

[00:02] binary options Nike option. Before I ask you a question, have you seen this chart that's appearing here now? No, the name of this chart is Ranking Ash, or Ranking Ash, I'm not sure how to pronounce it exactly, but it's a

[00:15] chart that indicates trends. I want to show you a strategy for trading with this chart, so I'm sure you'll like this video. Leave your like here, subscribe to the channel, click the little button to subscribe and

[00:27] notifications whenever I post a new video. Also, comment here what you've been following me for a while, comment what you think of the channel's videos. Also comment if you're already in our free signals room.

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[01:50] signals room (the link is in the description), and there you'll have an average of show you on the computer screen how to operate with the Reak Inh chart, how to make money with this type of chart. So let's go to the computer screen now. Okay,

[02:04] let's go to the computer screen now. Okay, on my notebook screen, now I want to show you how to operate with this

[02:17] chart here, look at the Reak Inh chart. Ash, this chart here, look, Ash, right? This chart here, look, normally we trade with this chart. Now I want to show you how to trade with the Rash, which is this

[02:31] Look, take a look at what's written here. Look, Rash charts smooth price movements and make it easier to detect trends and reversals with elements similar to candlestick lines. So, look, I'm going to click on it so

[02:46] So, look, I'm going to click on it so you can see, and you see that the Rash works by showing the trend more. So take a look here, look, you can see that it shows several candles, look, of the same color: red, red, red, red.

[02:59] Wait, wait, that's not how you're going to trade. You're not going to take the next 1-minute candle here, red, because this one is red, isn't that right? Even if you click now, look, the price is here, look, it's here, but

[03:13] its little point is there, look. So it plays as if it had a very high delay. Take a actually it's like a spread where a look. Where is the price here now? Look, at this moment it's here, look at

[03:27] click to open one, it will open at this point. Look, it always opens the order at the point, not where the candle is. It opens the order where this point is. Look, so if you click up, look now, for example, if you click

[03:41] down, it won't open here, it will open down here. So it's like a spread, like a... how can I explain it here, like a delay, actually, but it's not a delay because when you click, it

[03:54] might be opening at the same time, but it opens with the price. Where the point is, it opens the order where the point is, not where the candle is. Right now, look, the point and the candle are in the same place, so it will open here. But you

[04:06] can see that in a little while... Look, the point is up there and the candle is here, so it will open the order here. Then it has to close. Look where it opened, here you see it closed, it opened here, it already hit up there. That's the Reik Nash.

[04:18] order you're going to take. However, I want to show you here a very good way to operate with... Okay, so if you want to use a rehash chart, I always prefer to trade with candlestick charts. This one here, this one has several brokers.

[04:32] Yeah, it's in other places too, it's in Metatrader, all this stuff here. So I those who want to trade with a rehash, it's very good too. If you know how to trade, just click here. Look, the rehash opened here and you see on the minute chart, for example, look, it

[04:47] closed with two red candles, now it has two blue ones, which would be the green ones in this case, right? Blue shows an upward trend, red shows a downward trend. Let's open here so I can show you better how it works.

[05:01] you better how it works. Ah, this one, look, look, several blue candles here, in this case an upward trend, and here it started a micro little while I'll show you the strategy I want to show

[05:14] you. Look at this one, several bearish candles, suddenly bullish candles, it started, bearish candles back, and went to bullish candles, now several bearish candles back. Let's open another one here to see all this, folks, without using indicators,

[05:27] just looking here. Look, I want to see the best chart to any The strategy you're going to use is to open several charts and see which one is respecting the trend the most. Then, whichever one is respecting the trend the most, you

[05:41] Then, whichever one is respecting the trend the most, you trade. Let me see here, 's starting a new trend. Look at this one,

[05:55] for example. It's showing a blue candle, blue, blue. Soon it will show a red candle. Let's wait for it to show a red candle to see. Look, it's coming up here. Its trend is upward if you look from a distance. Look, and here it

[06:08] started a downward trend. And here it started upward again. Let's see if it will respect this. Look at this, this resistance here. Let's see if it it starts a bearish candle, we 'll trade downwards. But not for the

[06:22] next candle. Meanwhile, let me go looking at the other charts. Look at this one, it's up there. Take a look here. Look, the body of the candle the order is up here. That's why I say you have to be careful about what and

[06:36] how you're going to take the orders. I think GBP will be the just wait for it to show... A red candle here for us to here for us to take, or GBP SD for example, giving

[06:51] can also take, as is happening now, folks, look here, look, it's giving a blue candle, I'm going to take it here for the next candle, no, I'm going to increase it by 2 minutes more than it is, so it's 9:32, I'm going to put 9:34, 2 minutes more, I'll

[07:06] wait for the time when I close this candle, I'll take the order, look, the candle closed, I look, see where it opened, the candle here, see? You saw that I took it upwards with two minutes more, see that I took the order here, look where the little

[07:20] point was and the candle opened down here, that's why you have to be careful, you have to know well how to work with the trend, it's not as simple as it seems, it's not because it shows a trend that you should always take it when it's

[07:33] here for the next minute, no, because if you take it for the next minute there's a high chance that the candle will open here, for example, look, I took it there and it opened here and it will close below this and end up taking a loss, so it's always

[07:46] advisable to place it for two minutes. It's more than what's here, so if it was 9:32, I put 9:34. Dev will only close at 9:34. What's my security in this? The security is that it started showing blue candles, meaning it started showing an

[07:59] upward trend. It started showing an upward trend, the chance is that there will be at least two more blue candles here, and if there are two more blue candles here, I will win. likely. Take a look. Look, if I go back the chart a little, it

[08:13] started the upward trend here. Look at these, there were quite a few blue candles, some four red ones, quite a lot of blue again, three red ones, quite a lot of blue here, five red ones, and here it will probably be about five more

[08:26] blue candles. So let's wait here for that, I put 2 more minutes here and ended up entering with only R2, but it's okay, let's continue here. And once again, folks, I always

[08:41] trade with the candlestick chart. I know how to trade with the Rash, but I prefer to candlestick chart where I would have taken my order. I took my order here, look at the closing of this candle, the opening of this one

[08:53] here. On the candlestick chart, I took it at this point here, but since it's showing an upward trend here, so it was good. "We've got it there, let an upward trend here, so it was good. "We've got it there, let 's

[09:11] want to, for example, let's suppose, 'Look, take a look here, look, you see that the candle closed here, it opened down here.' So, guys, it's also good for those who want to see downtrend. Sometimes a person is here at the candlestick chart and thinks, 'Oh,

[09:26] now, is it really in a trend? Is this an uptrend? What am I going to do?' The person thinks like that, right? So, guys, you just take a look here, look, it's here, it arrived here. Is it going to go down now? Is it

[09:38] going to continue going up?' So you come here to the rash, look, change here, rash, and see here that the trend is really up. In the rash, which are the trend candles that indicate the trend, the chart that indicates the trend, in this case, right? Let's wait, look,

[09:54] 18 seconds, it will probably be a win for us. And guys, whoever wants to enter our free trading room, it will be in the description here, you will enter our free room. In our free room,

[10:07] we pass on a lot of information, and we also pass on information on how to enter the Diamond Trader method, which is not only..." A Diamond Room is a method used by Diamond Traders where we cover various things. We have several

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[10:47] for those who have bankrolls below R$2 to increase their bankroll. So there's a lot there, folks, a lot indeed. So pay attention, there's 24-hour support in the Diamond Trader method. So folks, if you want to join the Diamond Trader method,

[11:00] spots will open on the 25th, but for that you need to first click on the link that will be in the description to enter the free room. give you all the information on how the Diamond Trader method will launch on the

[11:14] 25th. Okay guys, I got a win here, you saw how this operation went. If I go back to the candlestick chart, you can also see here how... What was that operation? Look, I got it here and it gave a win here.

[11:27] Remember, I play two minutes more than what's here now. It's 9:35 now, let me close it here so you can see it will update. here so you can see it will update.

[11:42] I come here, open the chart, the Rein Ach in this case, right? And I see here, look, it it will probably start giving more red candles here because look, the pattern it was forming was four red candles, now it only gave

[11:55] one. But it will probably start correcting this price, it will start giving red candles, so it also uses PR, this Action will also use PR, this Action. You will see how the chart is behaving, you will

[12:08] it's hitting here, look, you see it's full of wicks here, meaning it may start going down now. So here, if I were to place an order now, I would wait for it to give another red candle, I would put two more minutes

[12:21] place an order now... This video won't be too long, so I'll stop here. Remember, I trade using candlestick charts, because in my opinion, the confirming the trend that's forming. But anyone who wants to trade using the

[12:36] Reinham chart can do so too, okay guys? That's it, until the next video. I hope you enjoyed it. Comment, share, and join our free room. The link is in the description; there are about 10 signals per day, and you'll find a

[12:49] lot of content there. You also have the opportunity to join the Diamond Trader method if you're in the free room. Okay, see you later, until the next video. I hope you enjoyed it. Comment and share.

[13:01] Comment and share. Thanks guys, bye!