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A New Approach To Trading Forex and Stocks Using Renko Charts

person icon Stephen Hoad

4.4

A New Approach To Trading Forex and Stocks Using Renko Charts

Learn a unique Japanese Technical Analysis method to trade the markets and get a trading edge!

updated on icon Updated on Jun, 2024

language icon Language - English

person icon Stephen Hoad

English [CC]

category icon Investing & Trading,Finance & Accounting,Forex Trading

Lectures -43

Resources -12

Duration -2.5 hours

4.4

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Course Description

Renko charts are a unique highly powerful tool in Technical Analysis and trading, that is little understood and used. I've been using Renko and other Japanese chart types professionally in my trading and Technical Analysis for many years.

These type of Japanese charts are ideal for creating a more disciplined, systematic, simple, effective approach to your trading. They help sort out the emotion and 'bad' psychology' in your trading! Combine Renko chart types with 'Western' Technical Analysis tools and you start to create really powerful trading strategies. They are so simple once you get to understand them that they become ripe to move into the algorithmic trading world.

In terms of trading strategies, I find them a good all-rounder that can be used for break-outs, trend following, reversal systems as well as helping keep your trading shirt on your back and your hard earned money in your pocket, as they also make an excellent weapon to deploy for risk and trade management purposes.

You'll hopefully learn how to do all this and apply it to your trading to give you a trading 'edge'!

Risk Warning: This course is purely for educational purposes and should not be construed as investment advice. Always be aware that trading and investment comes with a high degree of risk - always speak to your financial adviser first before investing and trading.

Goals

  • You'll learn how to master a unique tool in Technical Analysis - Japanese Renko Charts, that will help sort out your bad trading psychology, add discipline to your trading and help you create a more systematic approach, as well as hopefully a new 'edge' to the success of your trading.
  • For anyone looking to get an edge in their trading and investing by learning a new approach to trading using Japanese Renko charts.

Prerequisites

  • The course is for all abilities, but a prior knowledge of Technical Analysis and trading would be advantageous but not essential. 
  • You will need a Technical Analysis charting package that allows you to utilise Japanese chart such as Renko and add indicators and tools on top of these charts. 
  • If you don't have this, don't worry we can point you in the right direction within the course (the free intro Section 1 covers this).
  •  If you just want to learn about Renko for purely educational purposes and don't want to apply it practically then you wont need a Technical Analysis charting package.
A New Approach To Trading Forex and Stocks Using Renko Charts

Curriculum

Check out the detailed breakdown of what’s inside the course

1.0 Introduction
1 Lectures
  • play icon 1.1 Introduction 15:18 15:18
2.0 Renko charts are and how they fit into Technical Analysis
7 Lectures
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3.0 What Are Renko Charts - Understanding, Building and Using.
10 Lectures
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4.0 Enhancing the power of your Renko charts.
13 Lectures
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5.0 Using Renko to trade.
10 Lectures
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6.0 Course Roundup
2 Lectures
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Instructor Details

Stephen Hoad

Stephen Hoad

About me


Stephen Hoad is a trading and risk management professional and financial markets expert, with more than twenty five years’ experience on trading floors in the City of London and around the world. What makes his career history so unique is that he has been both the game keeper and the poacher; providing him with a rare insight into how the world’s financial markets work and are traded.

He started his journey at one of the world’s largest American Investment Banks in Fixed Income. He then honed his risk and quantitative risk management skills in equities, money markets and commodities at both Japanese and German investment banks, before moving to a role at the world’s largest private company – Koch Industries.

Here, as a Front Office Risk Manager, he specialised in Commodities; designing and optimising global trading and risk strategies. He then moved over to the trading desk as a fully-fledged options market maker, proprietary trader and technical analyst / trader.

He is now a successful proprietary trader, trading his own funds and strategies, which are based on Technical Analysis and Behavioural Science and computer / quantitative science.

Stephen is an Economics graduate, who also holds an MSc in Financial Markets & Derivatives and is one of the worlds leading Technical Analysts. Professionally qualified through The Society of Technical Analysts (STA) he holds the MSTA qualification – being one of only a rare few to achieve a distinction level in this vast subject. For the last five years he has been on the core panel of specialist lectures for the STA, teaching Technical Analysis to the professionals as part of the STA diploma course, and at Universities (Kings College / Queen Mary) on post graduate programmes.

He is regularly a guest speaker at conferences and corporate events and currently leads a Bloomberg outreach programme at Canterbury Christ Church University.

He specialises in Technical Analysis (Japanese charting techniques), systematic and automated trading, derivatives products, financial & quantitative theory and risk management.

In February 2015, he founded THE STOP HUNTER, a training / education, FinTech and consultancy business. He now utilises his considerable expertise in the Commodities, Forex and Equities markets to educate and train private and professional investors who want to learn to trade the financial markets. For retail / private traders/investors he runs a managed account fund through The Stop Hunter.

In 2016, Stephen published his first book: #Trading Thought Mind Medicine for Traders & Investors.

Stephen lives with his wife and four children in Kent. A keen triathlete, golfer and martial artist, he loves watching all sport and reading the odd history book when he gets the spare time! He’s also been a consistent fundraiser for Great Ormond Street Childrens Hospital Charity over the years.


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