(OLD)SIMPLE RENKO TRADING STRATEGY (BEGINNER GUIDE ON RENKO CHARTS 2024) | XAUUSD TRADING STRATEGY

*CORRECTION @24:40 - i meant to say 0 horizontal line not 50 horizontal line. TIMESTAMPS: 00:00 Intro 01:17 What is Renko? 01:48 Renko Compared to Candlesticks 04:49 IMPORTANT RENKO INFORMATION 06:19 Renko Settings For Different Symbols 10:01 Wicks & Stop Loss with Renko 11:18 Projection Bricks 12:01 Gold Trading Strategy W/ Renko 13:27 Example 1 (Sell, Win) 15:36 Example 2 (Sell, Win) 16:30 Example 3 (Sell, Win) 17:20 WHAT NOT TO DO 18:20 Example 4 (Buy , Win) / WHAT NOT TO DO PT 2. 19:30 Example 5 (Sell, Loss) 20:11 Example 6 (Buy, Win) 21:26 Example 7 (Sell, Win) 22:38 Going Over Rules 24:32 Live Trading 30:40 Outro Instagram - ItsDaeT Today I’m going over what renko trading is & how to actually trade it. With my personal renko strategy it is aggressive scalping but it doesnt have to be If you trade differently. At the end I will be trading it live as well on Gold. Renko trading is DIFFERENT from regular candlestick trading but it can be very powerful as well. For The timestamp “IMPORTANT RENKO INFORMATION” - You do not have to spend $60/ month on tradingview to use renko, I recommend to look elsewhere if you are a beginner with renko trading so you can test it out for free first. Thank you for tuning in, stay blessed. 🖤 Disclaimer: The information contained on this Website and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation. #forex #futures #futurestrading #forextrading #daytrading #propfirm #scalper #renko #scalpingstrategy #gold #goldtrading #xauusd