image The hour after NFP release can be easy pickings. 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 ...

Trading is as simple as 1-2-3

Hello bubola and welcome. The only comment/advice is to only trade when you are comfortable. This method is being shared in this journal with the hopes some other traders may benefit. All questions are answered with the intention of helping. There ...

Trading is as simple as 1-2-3

Before anyone starts this method ( or any other method ) please make sure you have your trading questions written down. Questions for entry. Questions for exit. Miche09, please post your questions here.

Trading is as simple as 1-2-3

image Another way is to have the daily, weekly and monthly highs and lows on your daily or H4 chart.

Support and Resistance Method - Pharley

Good question Miche09. To be honest, that is a seat of the pants call. Stop is placed as trade is entered 1 pip above daily high or 1 pip below daily low. There is always the internal, emotional fight going on between preventing loss and missing out ...

Trading is as simple as 1-2-3

shahed58 please explain the sell of CADCHF. According to my chart, this was not a sell. The previous month's low was never breached. It is possible I do not fully understand this method of entry. image EDIT: I reread post #1. My mistake. Monthly ...

Follow the monthly candle and be profitable

image Possible big run. Stop moved to break-even + 2.

Trading is as simple as 1-2-3

image image Next hour. Is posting the next hour trading candidates helpful? 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 ...

Trading is as simple as 1-2-3

image Waiting patiently.

Trading is as simple as 1-2-3

Already a great thread.

Support and Resistance Method - Pharley

image Another "engineer" trade.

Trading is as simple as 1-2-3

image Waiting for trades to trigger.

Trading is as simple as 1-2-3

image Nice run at the bar[1] close. Stop still in place.

Trading is as simple as 1-2-3

image Trade still open. New daily low was not made this bar[0].

Trading is as simple as 1-2-3

image Entry at bar open. Stop in place.

Trading is as simple as 1-2-3

image This reversal trade is just as valid on daily charts.

Trading is as simple as 1-2-3

image This chart shows the reversals referred to earlier in post #295. Note how price reversed from the bottom bar[34] before the bar[34] broke above bar[35], breakout. This started the 200 pip move.

Trading is as simple as 1-2-3

image Next hour sells.

Trading is as simple as 1-2-3

image image image Next hour buys.

Trading is as simple as 1-2-3

image 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 and ...

Trading is as simple as 1-2-3