image A quiz: 2) Trade or no trade this hour?

Trading is as simple as 1-2-3

image A quiz: 1) Trade or no trade this hour?

Trading is as simple as 1-2-3

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 reverses. Buy ...

Trading is as simple as 1-2-3

No, Miche09. The first question to ask is did the previous bar make a new daily high or new daily low. A "NO" answer means this pair will not be traded this hour. A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and ...

Trading is as simple as 1-2-3

When you have time, please skim the thread and you will understand about indicator posting.

Trading is as simple as 1-2-3

image This is a breakout of the previous monthly high. Odds are in your favor on this trade. Another trader has a thread on this forum about monthly breakouts.

Trading is as simple as 1-2-3

It is a modified 3_Level_ZZ_Indicator. A very controversial indicator modified by a highly controversial trader. The indicator is labeled "repaint" by some because they don't understand how to use it. The trader asks that his code not be posted ...

Support and Resistance Method - Pharley

image image image Next hour.

Trading is as simple as 1-2-3

image Stopped out at today's open. Entry previous bar[1] open - brown dotted line.

Trading is as simple as 1-2-3

image

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.

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 Waiting for open price entry. 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 ...

Trading is as simple as 1-2-3

Keeping asking yourself your trading questions. Did it make a new daily high or daily low last bar? Did it test the high or low this bar? Has proce returned to the open of this bar? A "no" answer means wait. If you stick to your questions, you will ...

Trading is as simple as 1-2-3

The pairs that are making new daily highs or new daily lows during the Ny session.

Trading is as simple as 1-2-3

image Plan the trade. Trade the plan. Cliche but effective and profitable.

Trading is as simple as 1-2-3

image Stop moved up.

Trading is as simple as 1-2-3

image image image Hello pharley. Do these look close?

Support and Resistance Method - Pharley

image Hello fmsfx, astute observation. Trading away from the daily open. Bar[4] was a classic sell entry.

Trading is as simple as 1-2-3

image Trailing stop 5 pips triggered.

Trading is as simple as 1-2-3