RENKO CHARTS

[PKPet]

When trading in the daily timeframe, because the bricks do not become permanent until the end of the day do you trade when the the second brick becomes available during the day before the bricks become permanent or wait until 3:45 and evaluate whether the 2 bricks are available to indicate a reversal. If you wait until the end of the day the majority of the move could be lost- a good example would be Monday 12/1 where you would have lost 50% of the previous week's move.


Thanks in advance.


Peter