I'll second that.

Ridiculous Trading Myths

Yep I agree 100%, I would just use the higher timeframes to filter out the noise.

Ridiculous Trading Myths

Great post hermit, one of many on this and other threads I have seen Cindy start. I hate "the market is random myth" myself, the higher the time frame you look at the less random they look. I believe big big money moves the markets (by collusion) ...

Ridiculous Trading Myths

I totally agree about just a few candlesticks and patterns being important. I dumped MAs also because they are a distraction for me.

Higher low, lower high system

Nice trades and charts Boom, somehow I missed them earlier, thanks.

Higher low, lower high system

Brilliant post Bearman, thanks for that. Well done Machi, you deserve your pips mate, EU was a pig to trade this morning for me also.

My 30 pips Daily and my 45% Weekly Journal

Hi Boom, I always try to trade with the bigger TF, however I am happy to trade the retracement provided I see a valid trend through SR and a clear gap to next SR on the lower TF. I understand breakout trading but do not see myself as a breakout ...

Higher low, lower high system

HAHA I was looking for that pic, thanks for that . Perfect.

My 30 pips Daily and my 45% Weekly Journal

RT I like your style,

My 30 pips Daily and my 45% Weekly Journal

four words and a smiley, explain what you mean exactly please.

My 30 pips Daily and my 45% Weekly Journal

Great advice, keep up the great work — Thanks for all your efforts Machi, I have my own private blog that I have been posting almost all my trades to for 18 months now, it really does help. Good luck mate.

My 30 pips Daily and my 45% Weekly Journal

The "grinder" failed to hit tp2 but the object was just to grab a few pips whilst the market makers position themselves for the mornings games. At least I was ready for the m15 reversal long.

Higher low, lower high system

Nice work Machi, I draw and use SR in a very similar way. That's one of the reasons I vouched for you.

My 30 pips Daily and my 45% Weekly Journal

Me too.

Higher low, lower high system

FO, LO Frankfurt and London Opens, clock attached

Higher low, lower high system

The last two posters have described a traders edge very well. For me it is a state of mind. I have decided I don't want to pick tops or bottoms without some sort of confirmation, so how can I get into a new trend with the best possible entry? Trends ...

Is 90% of TA useless?

I like to trade these retracements before FO LO, I call them "Grinders", they are usually nice steady moves grinding back to where they want to be ready for FO LO games.

Higher low, lower high system

nice hl trade on eg, I took ej, swissy and eu too, setups everywhere this afternoon.

Higher low, lower high system

fantastic trading boomslang — Nice trades mate, I see you like Vantages lh/hl entries on the larger timeframes too. I look forward to seeing more of your setups.

Higher low, lower high system

nice m15 HL or 123 reversal long — morning all, don't you just love these patterns.

Higher low, lower high system