Now prices are starting to potentially trend again, at this point I'm starting to look for a retracement, as prices are very close to the moving averages, any sort of retracement at this point will be pushing prices back up above the moving ...

"Katana Trading Strategy"

That is do nothing in this instance...

"Katana Trading Strategy"

Once prices retrace above any of the moving averages, then I'm not looking to enter trades, I'm only looking to enter trades if price is below or above all of the moving averages and all of the moving averages are set up in the correct way. That is ...

"Katana Trading Strategy"

The size of the bars is not that important. Currently the chart is set at 10. The reason for 10 is because there is about 2-3 trading opportunities everyday on average. When using bigger bars you potentially will not see a signal for a few days. ...

"Katana Trading Strategy"

Yes I can understand that there is a need to have such things as trading templates and indicators to copy or imitate trading in such a way as I am describing here. Developing a methodology for trading is one of the most complex tasks that anyone can ...

"Katana Trading Strategy"

This is the price moving in congestion, from one level to the next. Typical price movements. Strategy is telling me to do nothing.

"Katana Trading Strategy"

Getting some indication that market is currently not in trending mode. That is must wait until it is in trending mode.. At which point will then look for a retracement. Until then do nothing.

"Katana Trading Strategy"

A potential retracement has started....

"Katana Trading Strategy"

Take profit level reached. Now do nothing but wait for another chance to enter after a retracement has presented.

"Katana Trading Strategy"

Price is a the low of the day, this is always going to be a take profit region espcially when combined with low levels from the day before. Price has moved past the xx25 level, so next level is typically the xx00 levels. Price found resistance at ...

"Katana Trading Strategy"

To answer questions about range/price bars regarding where do obtain and how to generate them, you may need to purchase an Expert or a Script that generates them. I do not paticularly want to answer questions regarding stochastics and what they are ...

"Katana Trading Strategy"

I don't paticularly like indicators too much, however they have their places for making the chart more simple for the new trader. Even for some experienced traders the use of indicators can certainly assist in controlling emotional decisions, ...

"Katana Trading Strategy"

Wondering what is going to happen after seeing this pattern...

123PatternsV6 revisited

You answered your own question in your question.... downtrend... do not go long in a downtrend... very low probability

123PatternsV6 revisited

2 x risk on this trade for me If you look to the left on the chart you can quite clearly see some previous levels of support evident in the region as well.

Price Action and Trading Discussion

Nice work, following the direction of the intraday trend is the best way.

Price Action and Trading Discussion

Again more repainting issues with the (3) symbol on the chart... must be a reason for this... will make visual backtesting virtually useless.

123PatternsV6 revisited

+32 pips on my short using my strategy 2 x risk on the trade Putting your indicator on the chart I use you can see how it compared entry basically the same spot.

123PatternsV6 revisited

After restarting the platform... appears to be some repainting issues... this is not good.. maybe someone could please explain this to me?

123PatternsV6 revisited