Subject: An interesting new product on the market

Hi folks.

Several weeks ago I got an email from one of my guys in the UK asking me to take a look at a new Renko based product on the market.  Within a few days I received a couple other similar requests, so I decided to give it a look.

The product is called Renko Street.      http://jvz6.com/c/43106/152405 

It's Renko based (as the name implies) and it is an "all systems are go" type of trading system that relies upon 3 different signals.  Once all 3 signals are in alignment, you take the trade.

At first glance, I noticed that what I think of as the "main" indicator (a red/green trend line histogram) had a tendency to repaint.  Normally that would be the death blow to most trading methods.  But after watching it for a while what I figured out was that the repainting normally happened when the other 2 indictors were giving off opposite signals, so there would be no trade based on the false start signal caused by the repainting.

So I studied it for a while then started trading with it, and found it really is a good source of winning trade signals.

This is not to say it's perfect and you will never lose.

Far from it.

But the losses are fewer because waiting for all 3 indicators to align keeps you from jumping in too early when price is simply consolidating and no new trend has yet established itself.     

I put up a video explaining all this and showing a live trade in action. https://youtu.be/tIDbHLMLwiw

It's not often I find a reasonably priced new Forex product hit the market that I think has any promise, but this would be one of those times.  

So take a look at the video and if you like what you see jump on over to the Renko Street site and check out the various videos they've posted showing their method in action.  http://jvz6.com/c/43106/152405 

Jeff