Sir....you presume to know a lot about my brain and my psyche when in fact you know very little about that, at all. There is no need to clone my brain or copy me in any way. I put my pants on one leg at a time just like the rest of you and I am not ...

Trading Made Simple

In my opinion, a Pullback Candle Pattern includes three or four candles, usually the candle before the pullback candle and the one or two candles after the pullback candle. To qualify, the candle before the pullback candle and the one following must ...

Trading Made Simple

Yes....I have dedicated many hours of back-testing and forward-testing to learn the behavior of these three pairs....in some ways they are similar but they each have unique properties. When deciding which pair to trade, I consider this information ...

Trading Made Simple

When reading Price Action, I look for all of the patterns you mentioned, including BEEB and BUEB. My favorite pattern is the ones I circled on the last chart I posted....the pullback reversal candle pattern with the TDI moving out of overbought or ...

Trading Made Simple

Attached are my trades for the week....traded 2 pairs....EJ H1 and AU H1......most trades taken on price action (double tops or bottoms or pullback reversal patterns) with TDI confirmation. Most trades were taken during the early hours of London but ...

Trading Made Simple

EJ H1 trade taken following a double bottom@ the H4 low followed by a break of Friday's London session high......an easy 50 pips and if I was monitoring, who know how many pips could be gathered. 50 pip TP taken at the 200 EMA. Trade was based on ...

Trading Made Simple

ten mile walk........double bottoms don't have to be to the pip but should be within a couple of pips either way........ .....the best trades happen when the TDI is moving out of overbought or oversold areas and price makes a pullback/pinbar candle ...

Trading Made Simple

I am in the Mountain time zone, so I understand trading in the middle of the night......thus an occasional nap.....for me, the London session open at midnight my time. I believe your analysis of how Big E traded is correct.....I did not see S/R ...

Trading Made Simple

Took 3 trades today on EJ H1. First trade moved 36 pips in my favor and then reversed.....EA took me out at BE since I was asleep. Second trade....entered based on price pulling back from the double bottom and TDI crossing green over red. Third ...

Trading Made Simple

Took 1 trade today on the AU H1 at LO.....price reversed following a pullback/pinbar reversal pattern from the Frankfurt session candle and the next candle turned blue and the TDI green crossed over red and was moving out of the oversold ...

Trading Made Simple

The candle I exited on did not break the high of the previous candle and was pulling back and more importantly, the NY session was ending and there is normally very little volume following that close.

Trading Made Simple

That was about the time the FOMC minutes was due to be released and I don't trade the news. Also, the TDI was hanging around the 50 line with no clear direction.

Trading Made Simple

Three EJ trades today....the first was an H1 trade taken at LO. The other two were M15 trades taken following pullback bar patterns with TDI green crossing over red (and yellow on the first M15 trade) and both leaving the overbought/oversold areas. ...

Trading Made Simple

As I stated.....the market was ranging and if I am going to scalp trade, I look for pairs that don't have a lot of candles with wicks at both ends.....the AU met that criteria.....as far as SL and TP, I have my EA set up to automatically place a 50 ...

Trading Made Simple

As I review recent posts in this thread, I find many charts with a multitude of multicolored lines, arrows and indicators on them and many comments about how unsure the traders are to enter trades. There are always reasons NOT to take a trade and ...

Trading Made Simple

Nice job tenmile........

Trading Made Simple

Two losing trades for me today.....it has been a long time since I've had two losers in one day but THATS TRADING!! I am still in profit for the week and the month and the year....no worries....on to the next trade...... Trade 1.....entered on a ...

Trading Made Simple

The 2nd trade on Monday was a continuation trade, based on movement during the Asian session and continuing into the London session. This price action happens fairly often on the first day of the trading week. There was a long wick on the next to ...

Trading Made Simple

Four trades so far this week. This really is Trading Made Simple!!! image

Trading Made Simple

Emmanuel, I agree with your assessments. The only thing I would add is that every trader must develop a REPEATABLE trading plan....a process that can be duplicated over and over.....some of us (like Big E) use a very simple plan and others use all ...

Trading Made Simple