Today I want to talk about the common mistake that I see among traders. You see, there are many different strategies. Some based on price action, patterns. Some based on technical indicators. The list goes on. You can catch trend with them or catch reversal moves.
Renko is another kind of candles. The most popular are candlestick charts, but there are many others types of charts created in Japan. There is for example Kagi, Three Line Break or Renko chart. Lets focus on Renko.
In this article we will take a closer look at trailing stop loss – what it is, how to use it. You can easily use this with others trading tools or based your whole trading plan around it. We will see how to do it. This is more advanced material – I assume that you […]