2G+ exit on fake out -13 This market is very slow....

The System II (Yes with irony)

Hi all, Short 923 let see what develops!

The System II (Yes with irony)

The word document was posted on the 15th Oct 6:20pm. Click on the attchemnt and scroll back. cheers

The System II (Yes with irony)

I have attached a word document with all the good stuff attached, have a look at all the attchments and you will see it.

The System II (Yes with irony)

A couple of examples of the pound

The truth of Price Action and Ranges

I don't use any indicators... I trade what I see on the chart. I am only interest in IF a high or low is in place does it make sense? If the high or low looks good and makes sense then I will take the next signal. I use these price targets to feel ...

The truth of Price Action and Ranges

Agree but I dont like the lines on m,y chart... I may have 2-3 ranges giving a cluster high and I don't want all that on my chart.. Any way the idea was to show you somthing which I find useful. I hope that I have achived that.

The truth of Price Action and Ranges

Sorry Superscalper not sure about your chart. But remember it comparing the last range to the current range all in the same direction

The truth of Price Action and Ranges

Harry, there are some mistake on the charts. What I was trying to explain is if a high or low does not make sense do a quick calculation of the averages of 2 of the target prices. 50% +100% or 100% + 150%.

The truth of Price Action and Ranges

Right one more attempt to explain. Sorry I have made this hard to understand... once you see what I mean the penny will drop. This example is from the chart on post 4. As always I am not top and bottom picking but if a high forms and it looks like I ...

The truth of Price Action and Ranges

I might not have explained it very clearly. when you have a swing long.. A-B which might be 43 pips.. then we have a retracment to point C. I add 43 pips to this price that = 100%. Same short.. Hope that helps

The truth of Price Action and Ranges

Forgot the best bit... When you are in a trade and it start to retrace... work out where it MIGHT stop and place your stop above or below this level. When the market retraces and you know the important levels there is no surprise... your expecting ...

The truth of Price Action and Ranges

Now lets talk about when this all falls to bits, as we all know nothing works all the time. I will not exit a trade just because I have a 50% or 100%... I go on alert yes... I always wait for PA to tell me what to do. All this goes out the window ...

The truth of Price Action and Ranges

Hi, I have a mini account with IG just for the tick chart, but if not use a 5min. A 1min will kill you. the 150 is reasonbly close to 5min.

The truth of Price Action and Ranges

Thanks for the reply.. yes nothing new here... just thought it might be of interest

The truth of Price Action and Ranges

This is the last chart.. Euro to the end of trading.

The truth of Price Action and Ranges

And some more... Notice the large swing and the smaller swings give the great highs and lows!!

The truth of Price Action and Ranges

Dont need to say much more the charts explain it all.

The truth of Price Action and Ranges

What an effort... trying to post a picture.. Anyway first chart up.. Lets explain. take the high 958 and the low 941 and new high 960 and expect 50% or 100% etc... what we hade was an average of both at 947 low was 947. Next take high 960, low 941.. ...

The truth of Price Action and Ranges

15th Oc — Often when there seems to be a high or low that is not 50% or 100% etc it will be an average of both 50% and 100%... and some times add 50% of that range in to the mix. Also ranges wil often repeat..

The truth of Price Action and Ranges