Gann Hilo indicator set to 5 gives you a better visual representation of when the 5 hi or lo is broken. See attached chart.[/QUOTE] The only other confirmation I always look is: Pinbars, Engulfing bars, Round number rejections(...00 and ...50)

The7 Trading System

Yes, I am always in a trade. Make sure you not using 1 pair though. Diversification is key..Manage your risk..Market is not perfect..

The7 Trading System

Look at the 3 check signs. The candles are not closing inside the channel so we dont have a short signal. (To be honest with you I would still enter with the 3rd check because of the pinbar..love them..yes it would turn to be a loss)

The7 Trading System

Look at the long signal on this chart. I dont care what this trade will turn into. A win or loss: IT IS A %100 BEAUTIFUL LONG ENTRY.(even the long signal did not open outside the channel) Ask any professional trader regardless of what system they ...

The7 Trading System

We all know that sometimes everything works. Any indicator, any system and any pattern..until it doesnt work anymore...I believe the strength in this system is that the trend is catched before it even has formed. So we might get many losing trades ...

The7 Trading System

With this system we are trying to catch the trend from the start, with the very first candle. Meaning if the candle that closes inside the channel is red go short, if its blue go long..

The7 Trading System

All 3 circles were correct entries. 2 losers and 1 winner.

The7 Trading System

"If candle closes inside the channel I enter the trade" With all due respect dont know how else to word, structure and sentence this differently...

The7 Trading System

As much I like HA candles for my exits, I believe they are delayed for entries. But please try to keep the system as it is...

The7 Trading System

I appreciate the backtesting. Can you try the test with the candle open on GMT0 please?? Thats what I use..

The7 Trading System

If the candle touches both sides of the channel, I like to avoid the entry... Edit: Second arrow on short is not an entry, due the touch of both channels.

The7 Trading System

Sorry if I was not clear enough about the entry rules. But honestly dont know how easier I can explain. If the candle closes inside the channel (5Ema High and 5 Ema Low) I immediately enter the trade. No buffer, no extra rules. (Again, not looking ...

The7 Trading System

Yeap, you got it right Pama. Keep in my mind that this current chart is one of the worst samples for this system..There are so many other good ones. Just do a visual backtest...You will be surprised with what you see...

The7 Trading System

Eur/Gbp has formed a nice pinbar yesterday. Even it didnt close inside my channel I see a good opportunity for long. Posting charts with Mt4 is easier but not so much with dailyfx. So forgive me for my laziness but feel free to post your charts..

The7 Trading System

The area between the 2 Ema's is the inside of the channel. If the candle closes in between we have a signal. Depending on the margin you have I usually have 4-5 positions open a day. The channel will avoid most ranging markets...

The7 Trading System

Currently I have 8 positions open, all in the green zone. Aud/Usd and Nz/Usd were open yesterday with +90 pips each and counting. Other 6 pairs opened today... Eur/Jpy buy Eur/Usd buy Gbp/Jpy buy Gbp/Usd buy Usd/Cad short Usd/Chf short

The7 Trading System

No hard rules...Nothing is written in stone. Dont chase perfection in patterns. Demo it for a while and you will get the feel soon..

The7 Trading System

Never underestimate the Golden Rule in trading:" Everything works sometimes"..

Simple Money Making Method

Please take into consideration that a very nice trend has been formed since September 3rd on most pairs. Anything will work in such a nice environment. Trouble is can we survive when it stops working..

Simple Money Making Method