NZD/USD D1 Bearish Trade EUR/USD D1 Bearish Trade I've not posted much recently been busy with other things and wanted to take some time away from Trading. I've been reading this Thread url it's by Fartist who has a very clear Plan of Action when ...

MultiTimeFrame Trend Trading with Price Action

Hi EternalNewB; The line in the sand is set at the previous days close. Sell below this level buy above.

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Hi 60minuteman; I'm finding it difficult to set a realistic Stop Loss and achieving a consistent Risk:Reward of 1:2 when Trading the Daily Time frame. Because of this I think I will be more comfortable with a bigger Stop Loss and Higher Win Rate. ...

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Hi 60minuteman; The Entry Rules, you have set, are very simple to understand, I think, if I want this to work, for me, I will have to have a simple set of Logical Rules to Exit. I hope the chart below explains what I will be looking for and that my ...

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Hi 60minuteman; I like the logic behind your Exit decision here. If I see a positive closing Bullish day it will probably be best to exit and set another Pending Buy Order at the High of the Exit Candle. What do you think of the logic behind this?

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Hi 60minuteman; It's hard, for me, to define what's Technical and what would be considered Intuitive when looking for an Exit. Any signs of weakness within the Blue Rectangle would be a logical Exit, if the Trade gets Triggered.

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I'm going to test this on a Demo Account. Entries are the easy part of the equation, as always, the skill is going to come in using my intuition to exit.

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Hi 60Minuteman; Very interesting what you're showing here. I'll have a look at this using the Monthly and Daily TFs for a Longer Term View. If nothing else this will help me to not get too attached to any individual Trade and help with my intuition ...

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Hi DnB; Thanks for the response, I've learned a lot from the thread and the Free content on your website.

Simple, Powerful and Effective Price Action Trading Strategies

Hi DnB; I don't want to rain on your parade but if you had zoomed out a little bit there is a Daily/Weekly Rejection Candle, 16th Oct. 14, if I had entered at a Break of the Daily Rejection Candle, 28th Jan. 15, there wasn't enough room to get at ...

Simple, Powerful and Effective Price Action Trading Strategies

AUD/USD D1 Short. Entered this Trade got lucky with the Red News coming out in Australia overnight for me in the UK.

MultiTimeFrame Trend Trading with Price Action

Here's an update of my results Spreadsheet. How quickly things can change when Trading. I haven't got a problem with my entry method, very few of my Trades never go into profit. The only issue I have is the way I'm managing my Trades. It looks like ...

MultiTimeFrame Trend Trading with Price Action

GBP/JPY D1 Short = Break Even GBP/USD D1 Short = Break Even EUR/USD D1 Short = Loss

MultiTimeFrame Trend Trading with Price Action

Hi yaed; Hope you don't mind here's my take on the quick transition from Bullish to Bearish control in May 2014. Look out also for Monthly Candles that fail to make New Highs or New Lows.

Trading the lines

Hi traderjess; Thanks for the good wishes, time will tell if I'm making the correct Trade decisions. Good luck with your Trading also.

MultiTimeFrame Trend Trading with Price Action

Where do you set your Stop Loss on these Trades?

Trading the lines

Hi yaed; I'll be interested to hear your thoughts when you are ready, two heads are better than one.

Trading the lines

Hi yaed; This is how I would be looking at those Weeks that fail be make a Lower Low in a Bearish Market.

Trading the lines

Hi yaed; I've only recently started marking Weeks like this. I've found it helps to, not only, identify Trend Continuation but also Trend Reversals. Wether the Market Breaks with the Trend or Counter Trend I wait for the Test and Price Action at the ...

Trading the lines

AUD/JPY View

MultiTimeFrame Trend Trading with Price Action