Thanks. West coast US.

Simple, Non-subjective, Consistent, Effective

Could someone please tell me how to quote multiple posts in one reply?

Simple, Non-subjective, Consistent, Effective

Respectfully, I feel the best way to learn something is by doing, not watching. This strategy is simple enough and has a solid enough foundation for each trader to make small adjustments according to personal style. Not adjustments TO the rules in ...

Simple, Non-subjective, Consistent, Effective

I would say your first circled signal was legit. Solid 2-bar engulfing. The second circled signal isn't as great, in my opinion. Yes, it was a solid H4 candle, but the red candle that it engulfed was very small. The real body is almost nothing. For ...

Simple, Non-subjective, Consistent, Effective

I have not.

Simple, Non-subjective, Consistent, Effective

Thank you goldenequity.

Simple, Non-subjective, Consistent, Effective

***UPDATE*** From now on: Previous Daily Low = PDL Previous Weekly Low = PWL Previous Monthly Low = PML Previous Daily High = PDH Previous Weekly High = PWH Previous Monthly High = PMH

Simple, Non-subjective, Consistent, Effective

Please don't overthink this any more than it needs to be. When I put 'Simple' in the title, I meant it. If the rules are simple, so should the practice of them in real life be. At the point of entry, price had broken the past two prev day's lows in ...

Simple, Non-subjective, Consistent, Effective

Nice trade. I took pretty much the exact same entry, just off the H1 chart. It was actually the screenshot example in Post #81 of the double inside bar. Up just under +60 pips on that one at the moment. Stop at breakeven. Also have limit order to ...

Simple, Non-subjective, Consistent, Effective

Not an ego trip at all. Mine was a serious question. Anyone can make changes to the strategy as they see fit. I knew what would happen when I decided to share this system. I will not be making any changes, however. This is the way I trade and make ...

Simple, Non-subjective, Consistent, Effective

Let's keep it professional, please. This is about trading and making money.

Simple, Non-subjective, Consistent, Effective

I guess I'm trying to get to the root of your potential alteration. Is it that you doubt you'll make any money with the rules as they stand? Or are you more worried about missing out on potential wick pips? Doubt or greed, which is it?

Simple, Non-subjective, Consistent, Effective

Bingo. The winners will make up multiple times what a few losses during ranging periods will bring. I do not backtest, this is the way I trade. This isn't some system I'm 'trying out.' I'll usually have 10 or less pairs on my watchlist.

Simple, Non-subjective, Consistent, Effective

I apologize, I'm having a bit of trouble understanding the post. You said you had one doubt, then went on to say there are very few false entries. Could you clarify please?

Simple, Non-subjective, Consistent, Effective

The trade must trigger on the next candle after the signal engulf. The only exception is a tiny inside bar that doesn't go anywhere.

Simple, Non-subjective, Consistent, Effective

Here is an odd situation that doesn't happen very often, but it's worth a mention. It came up around the start of Friday. Price was recently trending down on H4 and H1 toward and through previous weekly low. I was hunting shorts. Decent enough ...

Simple, Non-subjective, Consistent, Effective

That's a very nice entry and pretty much textbook. You could've also potentially added to the stack on the following 2-bar engulf. Good work. image

Simple, Non-subjective, Consistent, Effective

There is no confusion on your part whatsoever. You have a good eye. It was a perfectly valid signal, and a strong one at that. It just didn't work out. But that particular example was to show how stacking works. And you can't start a stack on a loss. ...

Simple, Non-subjective, Consistent, Effective

I would wait at least until 1:1RR to move stop to break-even. You can wait longer. But you have to give your trade some breathing room to get going. If you're moving your stop the second you get some profit under your belt, I'm going to guess you ...

Simple, Non-subjective, Consistent, Effective

You are absolutely right Hong Long. I'm just trying to get people to think in more simplistic terms and not focus so much on a high win rate. And also I think it's important to think in terms of probabilities, and not get so caught up on why a few ...

Simple, Non-subjective, Consistent, Effective