Renko Forex strategy - Let's make money

The first step on the road to perfection is to focus on the essentials. There is an ancient Japanese proverb, which sounds like this. It hasn´t been put here by accident. On the following pages a centuries-old Japanese technique, the actual application of the Renko chart will be discussed. According to the descriptions, rice traders used this technique to visualize the movement of the rice prices. Were they the first futures traders? The Japanese culture is known for simple elegant forms and clear lines, both in the world of design and thought, but this simplicity originates from reducing things to their most essential content. If we see a chart of a currency pair, index …