With all due respect since80808, your entries are not following this method. A bar makes a NEW DAILY low and closes. Next bar fails to make a lower low and reverses. Buy when price rises above the open price of the current bar. Let me rephrase in ...

Trading is as simple as 1-2-3

Your chart entry is one bar too late. A bar makes a NEW DAILY low and closes. Next bar fails to make a lower low and reverses. Buy when price rises above the open price of the current bar. Let me rephrase in the form of yes/no or true/false ...

Trading is as simple as 1-2-3

Q: How to filter? A: Do not filter. Filtering trips up many traders. This trade already has a filter. One waits for price to make a new daily high or a new daily low. That is the first filter. Next filter is waiting for price to test the new daily ...

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

The spread is 6 on GBPCHF. I have traded that pair with this method.

Trading is as simple as 1-2-3

Your question contains a false assumption. You assume you did something wrong. You did everything right! You entered and placed your stop. Your stop worked as intended. Taking a small loss is a step that most traders fail to do.

Trading is as simple as 1-2-3

The ones I post charts of.

Trading is as simple as 1-2-3

Your assessment looks correct to me though I had to look twice at the M1 charts.

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 Entry at open. Stops in place.

Trading is as simple as 1-2-3

image Next hour...

Trading is as simple as 1-2-3

image Entry made. Stops in place.

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 Next hour...

Trading is as simple as 1-2-3

How is 1x and 2x calculated? What is the formula? Thank you.

Price Action Momentum: Recognize it, Join it, & Profiting from it

image 2 Key Characteristics of Mental Toughness Self-Control -The ability to control your emotions and behaviors to push forward in the right direction in order to achieve your goals. Self-control is that thing that makes you go practice when you ...

Trading is as simple as 1-2-3

image "There is a reason we tend to undervalue old ideas: At first glance, we just see an idea that has been around for a long time. We incorrectly assume that familiar ideas provide average results. “Everyone does it this way, so it can’t be that ...

Trading is as simple as 1-2-3

Yesterday was pretty slow. Time to think. Realized there is a big difference between deduction and assumption. A candle or bar displays certain facts - where the open, high, low and close occurred. From this point forward, a trader can make ...

Trading is as simple as 1-2-3

image Waiting

Trading is as simple as 1-2-3

Red Pirate, solid analysis.

Trading is as simple as 1-2-3