image I repeat this so new comers don't have to go back to the first post: A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar. A bar makes a NEW ...

Trading is as simple as 1-2-3

To answer the rest of your question... "Bent" means you observe price movement and enter the trade - it is obvious to you which way price is moving.

Trading is as simple as 1-2-3

image Waiting...

Trading is as simple as 1-2-3

image Anyone who entered this trade should have already exited with a 3 to 5 pip profit. You should have at least moved your stop to BE + something and be out of the trade. Those who waited, should be rewarded during the next trade.

Trading is as simple as 1-2-3

image I repeat this so new comers don't have to go back to the first post: A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar. A bar makes a NEW ...

Trading is as simple as 1-2-3

image PATIENCE!!

Trading is as simple as 1-2-3

Price is like a free range chicken, you don't which way it is going next LOL! Everyday price RANGES. Some days more than others. Notice the length of Bar[1]. A long Bar[1] is usually followed by a bar that makes a new high/low in the same direction.

Trading is as simple as 1-2-3

Entering too soon or too late. Not moving stop soon enough. Giving back profit.

Trading is as simple as 1-2-3

image 5 and 10 pip gains add up. I repeat this so new comers don't have to go back to the first post: A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the ...

Trading is as simple as 1-2-3

Yes.

Trading is as simple as 1-2-3

image BlackNapkins, you mentioned looking a multiple charts to find a trade. I use a gauge that shows how many bars the last daily high/low occurred. I have been using this indicator all along. Right before the next hour begins, any pair that made ...

Trading is as simple as 1-2-3

image PATIENCE! Price sometimes keeps making new daily highs/lows. Do not be in a hurry, there is usually more than one opportunity. I repeat this so new comers don't have to go back to the first post: A bar makes a NEW DAILY high and closes. Next ...

Trading is as simple as 1-2-3

Nice recap, BlackNapkins. Thank you.

Trading is as simple as 1-2-3

image I repeat this so new comers don't have to go back to the first post: A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar. A bar makes a NEW ...

Trading is as simple as 1-2-3

When you believe price will move in your favor, enter the trade.

Trading is as simple as 1-2-3

5 pips was enough. You will not win every trade. Stop loss controls the amount you lose.

Trading is as simple as 1-2-3

How it happened is because the trade did not follow the rules.Price must test the daily low before you enter long. You failed to wait for that test.

Trading is as simple as 1-2-3

image Note the price action that followed Bar[26]. Look at Bar[2]. Sometimes patterns repeat. Look to exploit these for profit. I repeat this so new comers don't have to go back to the first post: A bar makes a NEW DAILY high and closes. Next bar ...

Trading is as simple as 1-2-3

Hello BlackNapkins, welcome. Feel free to ask questions. "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after the classical Greek philosopher Socrates. It is a form of ...

Trading is as simple as 1-2-3

image This really is simple especially when compared to other trading styles.

Trading is as simple as 1-2-3