image Have to wait till next hour.

Trading is as simple as 1-2-3

Hello ssoftware. SL is not a fixed number of pips. The risk is the same for each trade. The distance from the daily high - current bar open + 1 pip is different for each trade. The distance from the current bar open - daily low - 1 pip is different ...

Trading is as simple as 1-2-3

image Waiting. 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 DAILY low and closes. Next bar fails to make a lower low ...

Trading is as simple as 1-2-3

image Bar[3] was the sell entry.

Trading is as simple as 1-2-3

image Which charts do you prefer?

Trading is as simple as 1-2-3

image image image Next hour. 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 DAILY low and closes. Next bar fails to ...

Trading is as simple as 1-2-3

image There are many threads on FF. A couple got my attention. One showed support and resistance on weekly, daily and H4 charts. Another thread used monthly charts and candle colors for directional entry. Combining these methods provides another ...

Trading is as simple as 1-2-3

Thank you for clarifying. If the previous monthly candle was red ---- > then sell If the previous monthly candle is green-----> then buy

Follow the monthly candle and be profitable

Do you mean when the market opens for the week? Do you mean last DAILY candle? I ask questions for clarity. Thank you, shahed58.

Follow the monthly candle and be profitable

Are these the most current rules of entry? "spark plug" There is no documentation about a "spark plug".

Follow the monthly candle and be profitable

I see the rules in post #1. Are there other rules?

Follow the monthly candle and be profitable

Yes, patience! This style of trading is not well suited for those who have a need to do something. Sooner or later, it won't come as a surprise when, someone suggests or codes up an EA. Then declares how this method doesn't work and anyone trading ...

Trading is as simple as 1-2-3

image Waiting.

Trading is as simple as 1-2-3

How did you find this trading style? Does it fit well with your personality and demeanor? What, if any, emotions were brought to the surface? Did you learn anything new?

Trading is as simple as 1-2-3

image Stopped BE+2

Trading is as simple as 1-2-3

image Entry and stop set.

Trading is as simple as 1-2-3

image image image Next hour

Trading is as simple as 1-2-3

bar[4]

Trading is as simple as 1-2-3

image Next hour. image If USDCAD makes a new low and reverses, my sell will close and a buy will open.

Trading is as simple as 1-2-3

image For those who have been here since post #1, you have seen wins, scratches, and losses. Some days, it all comes together in a big way. By doing the same thing, day after day, the odds get stacked in my favor for something big to happen. Law ...

Trading is as simple as 1-2-3