Ichimoku Kinko Hyo, Renko chart and RED

I've met RED when I'm learning Ichimoku system, Red uses this system in forex trading and gradually added renko chart to his fx arsenal and continuously sharpening his forex trading saw.

Still single, worked with some BPO companies like Accenture and Baker and Mckenzie (DSC). Left his full time job a year and half ago to trade full time (I'm looking forward for this time to come to me). 

Uses the following in making all the PIPS: 

Renko chart 
Alternative Ichimoku 
Ichimoku 
Oanfx 

The same with most of the fx noobie he also blew several accounts before learning to respect the market.  Learned that this is not a quick rich scheme, it will take you a lot of time, effort, patience and discipline to profit from the market. Profitable but still consider that there are still a lot of pips to get &  keep and if he's still on this business in the next 3.5 years then he'll consider himself successful . From RED "This is like a marathon the longer you are in the business the better."

Trading rules he live by: 
1. Protect capital at all times. 
2. No signal = no entry 
3. Stop on 2 consecutive losses. 

Aside from the above, of course he consider money management as very very important. 


Here is a tip from Red:
Manage your risk/losses and do not be greedy. Have a defined entry and exit. You can always re-enter in the market. Continue reading articles and materials to keep you motivated. 


You can follow Red at Traderspizza, forex trading forum http://traderspizza.com/viewtopic.php?t=288&start=615