Second trade (EURUSD M1), closed at 0 pips as struggling to find momentum: image Unfortunately had to leave the desk for a while......

Trading

First trade of the day (EURUSD M1). Break even in place see what happens. Out with 8 pips. image

Trading

Back at desk in time to enter trade. Break even in place see what happens. image

Trading Made Simple(r)

Second trade (EURUSD M1), closed at 0 pips as struggling to find momentum: image Unfortunately had to leave the desk for a while......

Trading Made Simple(r)

First trade of the day (EURUSD M1). Break even in place see what happens. Out with 8 pips. image

Trading Made Simple(r)

1:1 or nearest fractal (S/R).

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Absolutely and the reminder is most welcomed.

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This is a crude example of what the issue is: image The first trade works out but the second trade, you can see the upper fractal forming, orange stoch above 20 and blue stoch still below 20. Due to the real time movement of price you can see ...

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This is the results of todays trading the method. The issue I'm having is sometimes the pullbacks are deep into the EMAs whilst other times it is a trend reversal. The RSO looks like a good setup only to end up being a reversal of trend. More ...

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Will do, when time allows. :-)

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RobinHood is this correct for pullback trades entry??? EURUSD M1 image

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Agree method not to be changed. Just seeing if there are any possible improvements in how the indicators support the method or not. Kind regards, R I note the pull back entries appear to occur around a 5 bar fractal formation.

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RobinHood, This might be a helpful addition to the RSO Indicator with additional settings; see below. If interested? image Might be able to add divergence, but don't quote me, as it depends on available time.

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Find attached the MA Direcion Indicator I use. This is based on EMA 10, 20, 30 ,60 and 8 to set direction. If the 8 ema crosses the 20 ema the trend has ended. Whilst this indicator uses different EMAs to the recommended, it does compliment the ...

Trading Made Simple(r)

To help define the trading zones / areas I have an indicator that draws arrows when the ema's are aligned. If this would be helpful and RobinHood is ok with me posting it, I will post on the thread. The indicator can be developed further to include ...

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Double Stoch Indicator for MT4:

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RobinHood thank you for sharing your vast knowledge and experience; much appreciated. Simple Tradingview code for Double Stoch below: Cut and paste into pine editor window and compile: //@version=6 indicator(title="Double Stochastic", ...

Trading Made Simple(r)

Thank you for the explaination. Is it correct that the thrid candle open must be above / below 2nd candle close?

Third candle bounce

d5400, thank you for sharing this method. Please find attached a simple indicator to markup the candles. -The diamond means the 2nd candle is a HH or LL. The second candle is to be the same direction as first in this version of indicator (can be ...

Third candle bounce