There are numerous short term SR levels that will affect a trade whilst the bigger pic plays out. A person scalping with a 10 pip stop has the least pain threshold and ability to withstand these inevitable bounces making entry crucial. Y's low ...

Higher low, lower high system

Thanks for the charts I certainly hope you are right and that the head and shoulders plays out. There some strong SR areas to get through to hit 1.4200 and whilst we are not scalping those areas will test my intestinal fortitude to hold on.

Higher low, lower high system

Hi Clive The last 2 posts both essentially say take care and good luck/best wishes. So deep breath and focus on a method (plan) that you have researched, that works an acceptable % of the time and execute it. As we have said before trading is trend ...

Trading is as simple as ABCD

We have a SR level for euraud around 1.4730 (Apr body lows), sold off from there Asian session yesterday. Mrs V sold the 15 min 3 bar reversal yesterday US session 1.4728. Currently around +40. Yesterday closed a massive spinning top and we have ...

Higher low, lower high system

Ok then on the question of every 1 min hl/lh, what worked today won't always and the last thing you want is to get chopped to death getting 3 losing trades in a row only to get a 40 pip winner and be up a small amount for the day. Be aware of news ...

Trading is as simple as ABCD

I do wish you well Clive and the post eur news move on euraud was very nice. As long as you have rules and structure around what you are doing that's fine. Talking Islander the reminder is he does what he does after endless research, so he is 100% ...

Trading is as simple as ABCD

Hi Clive Sent you a pm pls have a look when you have a chance. Cheers.

Trading is as simple as ABCD

Hi Clive Just wondering, you've had 3 euraud trades, I don't see it on your top 8 list at the moment. But gj has been top for some time and running in line with the D and 1hr (admittedly pushing into D SR levels), any reason why you weren't ...

Trading is as simple as ABCD

Instead of me reinventing the posts have a look at: url url url url This will give an idea about what we see as trend and the days that follow getting tight entries and trying to let run for a very high RR.

Trading is as simple as ABCD

Lets call a trend trade where the D has given a strong signal that it may move in a specific direction the next day. It could take 3 - 7 days for a genuine D change of trend (or resumption of trend) to properly show in the D chart. Whether it be a D ...

Trading is as simple as ABCD

You can only take what the market gives you. Not saying the ej move is over but another day that same kind of trade will just power up. The idea that if London morning has done nothing then US will is obvious and will work frequently. On the idea of ...

Trading is as simple as ABCD

Asian/London session did very little so if the ATR or anything close to it is to be achieved the US session will be the one to do it. 139.30 ish from 27 May high looks an achievable target. From there who knows.

Trading is as simple as ABCD

Nice one.

Higher low, lower high system

Not quite the wording of the version I know but yes very true. A bit like the saying - there are old traders, there are bold traders, but there are no old, bold traders!

Trading is as simple as ABCD

That's the thing about trend, entry point in move, stop size and the pair. A 125 pip move will not sustain itself in all but the most extreme of runs (that happen very, very rarely on major news), so if you have entered late in a run on a pair that ...

Trading is as simple as ABCD

Guys like Islander focus largely on the reversals that takeplace in and around Frankies hour (Frankfurt open) and LO. Sign to exit the 1 min lower high that occurred. Again very easy in hindsight but you need some clarity as you say ...

Trading is as simple as ABCD

Please see the link for the weak CT candles url written in July '12 and still applies. Like in all things its a guide, will it be true all the time no of course not, it should not be confused with proper reversal patterns and strong engulfing ...

Trading is as simple as ABCD

GA ran up from 1.8000 this morning so after 125 pips it would likely have a pullback. Are you aware of the 85/15 trade? If price pushes up above (in this case) 1.8085 it might well push through the RN to (in this case) 1.8115 or so. All this ...

Trading is as simple as ABCD

If EA was trending strongly might trade on a Mon morning otherwise we rarely trade now.

Higher low, lower high system

Hi again Trend is TF dependent, as you say gu has been in general uptrend for months but within that could be several days of CT moves that can cripple accounts very quickly if you are buy only and make no allowance of the CT flow. I have had a ...

Trading is as simple as ABCD