I love it! Your Blue Light Special explanation describes perfectly a way to implement the idea that has been buzzing around in my head about not going in directly on fractal breaks, but waiting for a retrace back up before entering a Short trade ...

Chaos Trading System

Brilliant fxhermit! I too like to use multiple timeframes, so your D1, H4, M30 timeframe combination fits perfectly ... thank you so much for sharing this thought, which has been a really brilliant insight for me!!!

Chaos Trading System

Cool. Yes, I agree about the great reliability of setups where the close of Bar 3 is higher than the closes on Bar 1 and 2 (or open of Bar 1 if it’s bullish) on Long trades, and opposite on Short trades. These are as close to perfect setups as we ...

Daily Chart 3-Candle

Will the Euro (EUR/USD) bounce back from last week's selloff? We have an H12 BUY trigger coming up, though it isn't perfect as Bar 3 does not close over the close of Bar 1, which is bearish. Let's see how price reacts to this BUY trigger line. A ...

Daily Chart 3-Candle

Hi anhthu049 Welcome to the forum! To get the best results, I suggest you study carefully simoneg's basic rules set out in Post #1, then read all the example trades that Simone gives in this forum, particularly the first 30 pages or so. Please see ...

Daily Chart 3-Candle

Hi Siguake I agree with you that it is best to plan your trades around the major Support and Resistance levels, the Monthly, Weekly and Daily levels. Personally, I find that marking up all these 3 timeframes' BUY and SELL rejection levels, as ...

Daily Chart 3-Candle

Hi Cloud33 Apologies for delay in replying ... I've been away. The BUY and SELL rejection levels show major Support and Resistance levels on their respective timeframes: Monthly, Weekly and Daily. Post #1 on this forum shows you how to mark up the ...

Daily Chart 3-Candle

Where is the Euro (EUR/USD) heading in this coming week, I wonder? Last week it made a modest rise, despite all the European uncertainty over UK Brexit, the future of the European Union, etc. Here's a 12-Hour chart of the Euro marked up with ...

Daily Chart 3-Candle

No prob, Lando12. I have Metatrader 5 (MT5) set up at a UK hosting company called Fasthosts, as a Virtual Private Server (VPS), a Windows server that is up 24 x 7. This means I can log in to it any time from anywhere in the world, using the Remote ...

Daily Chart 3-Candle

I use no indicators - this is pure Price Action trading, in line with Simone's rules i just manually mark up my charts in Metatrader 5 (MT5) , using all the principles of Simone's trading system here on Daily Chart 3-Candle. I use the MT5 Fibo tool ...

Daily Chart 3-Candle

Nice Long opportunity earlier this morning UK time on the Aussie (AUD/USD), based on a Daily BUY trigger at 0.70872. I got in there with only minimal drawdown, and now have +30.2 PIPs in the bank so far, still going. I locked in a couple of PIPs, so ...

Daily Chart 3-Candle

Your indicator for Trident Trident looks really interesting, SwingMan! I'm finding it very difficult indeed to find out any information on Charles L Lindsay's "Trident Trading" approach online. I have found one UK supplier of his classic book on the ...

Daily Chart 3-Candle

Brilliant, Inthebox! I’m off to try to find v3.1 of SwingPoints!!!

Daily Chart 3-Candle

Hi SwingMan Thanks for the opportunity to try out your new Neptune's Trident indicator ... I shall be happy to do so. I'm not familiar with Neptune's Trident, so I will go and research it now. Will give you feedback once I've had a chance to try it. ...

Daily Chart 3-Candle

Hi candyman752 I am very interested to hear that you have coded up some bots using the 3 bar swing concept ... I'd be keen to hear more about these if you are OK to share? I find simoneg's Daily Chart 3-Candle system gives very reliable entry ...

Daily Chart 3-Candle

That's cool, birdland - sounds like you use the system pretty much the same as I do. The H4 charts are my bread and butter charts, trading off H4 setups within the general framework of the D1, W1 and MN S+R levels. The 3-bar Swing Low / Swing High ...

Daily Chart 3-Candle

You make a good point @birdland about how the shorter timeframe S+R levels can clutter up the chart - I find this too. You say you use only the Daily, Weekly and Monthly levels ... but do you trade only on these timeframes? Or do you trade on, say, ...

Daily Chart 3-Candle

Potential Long entry on Cable (GBP/USD) at 1.2723 - see attached H4 chart. I've got my stop set at 1.2703, just below the latest Swing Low, so a 20 PIP risk. I'm aware that this is a higher-risk trade, as this setup has already yielded an 80 PIP ...

Daily Chart 3-Candle

Beautiful GJ Short, birdland!

Daily Chart 3-Candle

Just got in to the UJ (USD/JPY) Short at 113.276, with my Stop just above the Swing High at 113.470, so only a 20-PIP risk. Looks like a clear setup, so let's see how it goes. (Point of information - The indicator shows an Entry level of 113.276, ...

Daily Chart 3-Candle