Just wiped out both losses with a win on eurusd.

Easy Eyes Renko

2 in a row losses now I look to take profit to cancel them out. Trailing stop and constant monitoring on entries. Down 20 pips. Was trading 2 pip moves. More risky.....that's why i normally stick to 3 and 5 pip boxes.

Easy Eyes Renko

Out with 10 pip stop out. Back in with a bounce off the 200 now.

Easy Eyes Renko

Watching 2 pip boxes right now (5:56pm central time) on AUD/USD....4 candles down now.....5 or more and a reversal would be entry. Keep an eye on it. Boxes been moving in 5 box swings....notice?........update 6:06pm IN for a buy!

Easy Eyes Renko

As an example of noticing things....When renko boxes range sideways....they are EXTREMELY EASY to see.....I don't recommend this to traders though.......I get in real heavy for a quick profit on those sometimes.

Easy Eyes Renko

I try to give people a simple system that works well as long as you are cautious and come to understand how price is moving. Sometimes you have to take profit just to even out a loss, or watch it and trail it. Same goes for the 4 candle ...

Easy Eyes Renko

Renko boxes show the strength of a market....above or below the 200 exp.....play those pullbacks with 5 or more candles trading with the trend...4 once you get good and notice chart patterns.....anyone can look back and see how accurate the system ...

Easy Eyes Renko

are I been using this method simply to get more screen time. It's hard to say how I monitor exactly, but I try as much as I can. I do use a 4 box stop loss above or below the reversal candle sometimes if I am trading on 3 to 5 pip boxes. I normally ...

Easy Eyes Renko

Yes I manually change it it only takes a few seconds. Also some currencies can use the same setting so I would switch to those first. Also yes you enter on your candle the second one. You always have to wait till that first candle forms fully.

Easy Eyes Renko

It wouldn't be too much of a difference but the 200 is a well-known average worldwide.

Easy Eyes Renko

Not sure exactly what you are saying but you will see the Box close. Then you enter that trade on the start of the next box. Not a full finished second box.

Easy Eyes Renko

And I do not recommend monitoring it with a phone. It is too small and everyone uses their phones for many things. Get yourself a tablet specifically for trading. To watch price only.

Easy Eyes Renko

I keep a tablet with me everywhere I go to monitor the price. Even if I'm watching TV the tablet is slightly in my view.

Easy Eyes Renko

Also if you do not want to monitor the chart. I set a stop loss at 4 blocks below the entry candle or above. But you may be cheating yourself out of more profit when you set a take profit.

Easy Eyes Renko

My size always varies. I trade other things than currencies also. The key is looking at the renko and get an idea of how big the swings are. Four or five candles up is good but the more the better. Just look at these renko charts .They make it very ...

Easy Eyes Renko

I go off price size for my renko blocks instead of pip size. That's how it works on tradingview. It is a paid option to have renko on tradingview. For example setting pips for me I have to set price differently......some pairs I use .0003 for 3 ...

Easy Eyes Renko

That green realize profit is a beautiful thing to see....every time....Never gets old.

Easy Eyes Renko

Made a killing on USDCAD. I may use this instead of the heiken scalping method. +30 pips.....A cool $1500 dollars.....take that any day of the week....especially to start the trading week. Cheers friends.

Easy Eyes Renko

image the arrows show the new 3 candle rule....but look at the breakeven instead of a loss and winners compared to losers. full chart of goodies for the most part.

Easy Eyes Renko

image The 40 pip loss was following the new 3 bar below rule . Going to have losses folks. But look at the winners size and consistency.

Easy Eyes Renko