Nicely done Paulus. Whislt I am on the subject here's more food for thought: url so Marty Schwartz makes 1000% per year. Paulus, are you up to the challenge?

Price Action Trading with Indicators! The Freebie System

I have been lurking for a while not because of the strategy per se but because its probably only one of a thousand threads here on FF that puts RR and the law of probabilities first and foremost as the core of this simple strategy, and its really ...

Price Action Trading with Indicators! The Freebie System

Cornflower hourly system

The Scrap Heap

I would avoid relying on that indicator. Not all zones are valid and it will miss out more important levels. You need to identify levels based on the set of odds enhancers already set out in this thread. These provide higher probability trades. Some ...

Romancing the Price

I'd have your level covering the whole of that congestion area as that is where price was in balance before it shot out of balance. Notice the first retrace into the level would have dipped into it over halfway taking out much of the supply with it. ...

Price is everything

We were also at hourly demand. You need to consider higher time frame levels also to judge the strength of a move instead of shitting one's pants over small time frame speed bumps.

Price is everything

ah ok interesting tks.

Price is everything

stops need to be placed the other side of the level your level indi didn't pick up the level below?

Price is everything

sell a third of position at 2:1, leave stop at original place =breakeven if stopped out.

Selling Half of Position

Nice one verb. Pretty much what I do but I don't use 50sma as it lags. Instead I identify daily supply/demand and trade in the direction of the bounce. Daily bounces with the weekly bounce is trend confirming, daily bounces against the weekly trend ...

Romancing the Price

url

Price is everything

Logic and Thought — Not many people learning how to trade have really thought about the right process of The Learning. Not many people teaching others how to trade have really thought about the right process of The Teaching. Include a few ...

Who can you trust?

Yes they can..gaps (but rare unless trading futures). Edit: yep 4xs, just being pedantic.

Price is everything

took it off the 15 (within an hourly), golden level.

Price is everything

There ya go bud. See that perfect entry (green dot). I modified the indies alittle to make it easier on the eye.

AMAZING Strategy!!!

I'll give you $97 for a limited period only and then it will go up

AMAZING Strategy!!!

Nice thread. I am actually very ignorant of the news and feel this is something I must work on. What news resources are you using? Thanks

Reminiscences of A Forex Speculator

Good question. For day trading I like to be trading in the direction of the daily trend (bounce). So my bias is to trade lower time frame levels in that direction until proven wrong or until reaching Daily supply. However, because the direction is ...

Price is everything

Sure, If the zone is lesser quality then I like to see price coming deeper into the zone and then rejection back out of it for entry. It has to prove to me first that there are buyers or sellers within the zone even though it had to dig deep. I ...

Price is everything