Wyckoff forex part 3 – London forex session

Moving back to MT5 and focus is on the GBP/JPY and in particular using the renko charts on MT5 with the Quantum Trading tools and indicators. Renko charts are a wonderful addition to the forex trading arsenal. A renko chart is non time based and therefore reacts to market momentum in the way I time based chart does not. It also smoothes the price action and can be used as an entry and exit signal, along with helping to keep you in through the trend. Here Anna focuses on the GBP/JPY as a nice trend develops driven by both reaction to the GBP and sentiment for the Japanese yen.

About Anna 2015 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

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