I answered your questions in post 25,683 BEFORE adding the entry points in answer to davson's questions. Trade 2....if LO candle is #1, the low candle of the session is #8. Trade 1....the pip count was only to show the high and low of the session, ...

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Davson, I think you are asking about entries. I seldom trade the NY session except after news has moved the market. Most of my trades are London trades based on the principles I am showing on this chart. I marked the ideal location to enter on each ...

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Maybe this will help. image

Trading Made Simple

Attached are my trades for this week on EJ H1. Trades 1,2 & 3 taken during London on Monday. I waited for the second candle to set a direction but it turned out to be a fake-out candle....BE on that trade. Then entered short expecting price to move ...

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I do have losses....every trader has losses and makes entry mistakes or the market reverses unexpectedly.....the secret to success is to make timely entries based on reading price action and price action history, using tools like the TDI, higher ...

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Pervis, I have attached my chart with the trades I took during the same period as the chart you posted. The first thing I see is you did fine on the first two trades of the week. The third trade that you entered was prior to the London open. If you ...

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1. My primary trade times are the first 3 hours of the London session. 2. Sometimes I will also continue on with trades entered earlier, thru the end of the London session. 3. I sometimes take scalp trades during the Asian session. 4. I do not like ...

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Eight trades this week on EJ H1 with some nice price action. image

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Pervis, Sorry....I meant to say that traders need to learn how price moves during different times of day.....ie. London session vs NY session vs Asian session. It is also important to learn what price does on your favorite pairs during certain types ...

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Where exactly was your entry and exit? It is not shown on your chart. On my chart, the entire move was only 48.6 pips from the bottom tip of the red setup candle to the top of the second blue candle. To get 45 pips (+the spread) you had to enter ...

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EJ H1 trade for the day. Nice TDI move down and several Inside bar continuation patterns along the way. No reason to exit before TP was hit (exit would have been 2 bars later on a candle color change and TDI cross back over red). image

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Why would you enter long after a 165 pip move down? Back-testing will prove that very seldom will price make a reversal without consolidation even if it only moves 65 or 70 pips in one direction, let alone 165 pips (The only time I have found price ...

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I hope that I may have shared some things that will benefit you in your quest to become a successful trader.....success to you!!!!

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TheScorps, I have been busy and just found your question. When I was doing lots of testing and trying to set up my own trading plan, I learned that many times, especially on pairs that have an ADR over 100, that the London session moved differently ...

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munir, The second candle was a small inside bar and closed below the open which was my first warning sign. All three of the first candles had pullbacks that I did not like so I exited when the third candle began to pull back. There just was not much ...

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Trades I took this week on the EJ H1. One trade taken a the open of the week and one Asian trade based on price action (Inside bar pattern). That trade was not a TDI trade even though the green was over red and yellow and the 50 line......the trade ...

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Looks like you have mastered the patience aspect of trading during ranging times.......nice job munirpt......

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1. Price broke through the resistance but failed to sustain it movement and immediately pulled back. I waited until I was certain that price would continue long before entering the trade. 2. Price set a new high and then tested it without breaking ...

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The setup candle was the final candle on Friday. The entry candle was the opening candle of the week.....there was a two day gap between the two candles and I would not trade any setup on the final candles of a week. The entry candle opened just ...

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It was a price action trade.....there was a double top on the two candles just before LO.......then the first two candles of London set the high of the session and created a second double top....... the fifth candle (blue) tried to test the London ...

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