Had a couple of BE's or marginal profit trades today. Got this system trade with cad in 7 of top 8 on TT. 32 pips for +13% so I'm happy with that and makes it a decent enough day, thankfully.

Trading is as simple as ABCD

Ok its a short month and there have been some days where I haven't traded at all, still today to come (but Fri mornings on previous methods weren't a preferred time to trade) but if I give it a miss will finish the month with 1 negative trade from ...

Trading is as simple as ABCD

That wouldn't be this method but something else. It looks easy from this chart, as there was a decent base but you'd have to spend those 10,000 hours to clearly see whatever your trade rules are, to sort out in your head so that live, in that ...

Trading is as simple as ABCD

I look at the gbp/eur crosses with aud, jpy and nzd so 6 pairs. I'd only look at others (cad and chf if they were coming up on TT). I prefer trading aud, this one was picture perfect. Clean ab move, break and test of range, small bc retrace. Its a ...

Trading is as simple as ABCD

I was not in front of the computer for this one but for me doesn't get much better than this. Break and test of range perfect per system rules and gbpaud and other eur pairs were also above their lwma's suggesting aud weak and eur strong. Euraud was ...

Trading is as simple as ABCD

In the bigger picture your a b c is valid but off a 1 min chart with a small stop I believe there was a HL in there see arrow up. For me that would signal short term the possibility of a move up. Of course some of these will work out but I'd have ...

Trading is as simple as ABCD

Missed the earlier trade around 2.0150 was somewhat distracted this morning after a lot of chop, that cost quite a few pips, oh well. Anyway gbp weak across a couple of pairs and EN confirming (clean ab moves lower, below 100lwma, making ...

Trading is as simple as ABCD

I have done a lot of posts on London open set ups and entries on the blog this month. They show exactly what I am looking for see the example in this link url

Higher low, lower high system

Great stuff doesn't get much better than that.

Higher low, lower high system

I don't wait for change either, on the above EN trade I looked at length of run, the RN could obviously be an issue and of course EN has bounced up 80 pips and still no colour change.

Trading is as simple as ABCD

I had a losing trade on GJ when it was top of TT indi sold at 177.08 after the pullback to Y's low. My mistake the pullback was quite deep for my liking. GBP had 4 I think in the top 8 so I thought I'd be OK. I much prefer the test or break and test ...

Trading is as simple as ABCD

Our first swing trade this year was -74. More than made up by this trade, a previously identified support level on our D chart, the Nov '13 low. A HL on lower TF, chart pic is 4 hr showing the bounce from the W M2 pivot. Also showing divergence so ...

Higher low, lower high system

devontrader, I recall asking Islander many years ago about how he got such clarity in his trading. I've said elsewhere (probably here also) that his answer was he has 10,000 hours of trading time in front of a computer. Add in the countless hours he ...

Trading is as simple as ABCD

OK I did list the things I am looking for in a set up a day or two back. All the charts I post for actual trades I have gone to account history and dragged the trade onto the chart, taken the pic so the actual entry and exit are shown on the chart. ...

Trading is as simple as ABCD

I have RSI on my higher TF charts. On the 1 min I have kept the additional cci 70. Clive started with 210 but has chucked it, I have chosen to keep on the 2nd cci. I might drop it I might not, its no biggie either way.

Trading is as simple as ABCD

Another successful scalp!!

Trading is as simple as ABCD

Nice one Clive.

Trading is as simple as ABCD

The better entry was around 1.8535. GBP weak across many pairs in TT list. I had earlier exited a GN sell for just above BE when it just didn't want to go, that made me miss the better entry here. Exited for +20 when it didn't want to go lower after ...

Trading is as simple as ABCD

Exits are the most difficult things to get right. I recall Ronald Raygun talking about writing ea's for systems and he said he was most interested in ideas on exits. He has probably coded hundreds of methods, been there done that and his biggest ...

Trading is as simple as ABCD

Another example, eur weakness across the board should make eur sells a higher chance of success.

Trading is as simple as ABCD