8/19/2008

Renko Rides Trend to the End

The day started out very slow and I got a little anxious and took a trade before the EMAs were all on the right side of each other. Fortunately I got a break even on that one and then next one exploded to the upside.

The Renko bars called the top of trade and I got out with the ADX color change.

Nice day to trade crude oil.

13 Tick Renko Crude Oil Chart (click to view)

4 comments:

J the FX Wizard said...

So that would have been one trade for the day. I don't think you could get a better trading day than that.

Solfest said...

We owe it all to you, J The FX Wizard.

J the FX Wizard said...

Right, and on that note, how would you like to make thousands of dollars a day without ever looking at a chart. I have limited spots available for my subscription accounts...

Solfest said...

LOL, I'll get back to you.