image Hello everyone. I would like to share my view. 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. The crimson colored line marks the open ...

EURUSD

image For advanced traders only. The crimson colored line indicates the open price of the bar[3] after the bar[4] that made a new daily high. This line can be used repeatedly until price makes a new daily high. Is this explanation sufficient?

Trading is as simple as 1-2-3

This is my preferred method of entry that I detail in my trading journal: 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 ...

Higher Edge within a Single Candlestick

image Protective stop triggered at 193.81

Trading is as simple as 1-2-3

image Riding this one

Trading is as simple as 1-2-3

image POSITIVE PIPS. Now is the time to ask and answer 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 ...

Trading is as simple as 1-2-3

image ENTRY TRIGGERED. 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. "Successful people ask better questions, and as a result, they get better ...

Trading is as simple as 1-2-3

image Waiting for entry.

Trading is as simple as 1-2-3

image Waiting till next hour. 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. "Successful people ask better questions, and as a result, they get ...

Trading is as simple as 1-2-3

image Stopped out at breakeven + 3

Trading is as simple as 1-2-3

image Easy to agonize over what could have been. Resist this urge with all of your might. Alternatives to setting a trailing stop: 1) Move stop to breakeven + 3 and risk losing more profit vs. gaining more profit 2) Exit part of the position and ...

Trading is as simple as 1-2-3

Easy to remember the number of times profit was cut short. image This is one of those times. Those who have been here since the first post of this thread should have an understanding about this type of trade. There have been wins and losses, ...

Trading is as simple as 1-2-3

image Trailing stop triggered. Many times the temptation to not apply the stop is there. Easy to remember the number of times profit was cut short. Memory of times the trailing stop preserved profit is difficult to recall. One must always follow ...

Trading is as simple as 1-2-3

image MT4 INVALID PRICES caused this entry to be missed.

Trading is as simple as 1-2-3

image Positive pips with trailing stop.

Trading is as simple as 1-2-3

image Using two brown lines for current bar[0] open and previous bar[1] open. Below or above both opens indicates strength in move. Between both opens indicates indecision. A bar makes a NEW DAILY high and closes. Next bar fails to make a higher ...

Trading is as simple as 1-2-3

image image Wait for next trade.

Trading is as simple as 1-2-3

+1

90% of traders fail...

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. "Successful people ask better questions, and as a result, they get better answers." - ...

Trading is as simple as 1-2-3

Traders lose because they have losing habits. Failure to consistently execute. Looking for secrets. Flitting like a butterfly. Leaving simple for the complex. Monkey brain. Step right up, the magic indicator and system will cure all your trading ...

90% of traders fail...