Foe anyone interested I have added the AllAverages v2.1 indicator with "MA Period" set to 50 and "MA Method" set to 2 and the colours set to match my candle colour. I have not altered the SuperTrend indicator but have changed the "ShowMa" from ...

Mechanical Trading - Is it possible?

Update. AUD/USD has hit it's first TP level of 50 pips and I have taken 25% TP at this level which gives me 0.25R return SL moved to BE +1 pip so I am know in a "free trade". USD/CAD trade is still running and currently stands at +221 pips. I ...

Mechanical Trading - Is it possible?

Up Date Close of Markets on Friday 22nd Feb At the end of last week I was in three open positions (GBP/USD Trade 1.5R Return with 25% still running and currently 186 pips up 0.9R) (NZD/USD Trade 0.75R Return with 50% still running and currently 35.8 ...

Mechanical Trading - Is it possible?

Hi Jackub, Sorry for the late reply, I have been away for a few days and not been checking in on the forum. I'm not always looking for a break of the SuperTrend when I enter a trade as long as it's colour corresponds with the direction I'm trading ...

Mechanical Trading - Is it possible?

Why do we need "mechanical" trading? There are a lot of traders, out there, who have learnt the art of discipline and they follow the rules of there system to the letter and never deviate from it's path because they know by sticking to their systems ...

Mechanical Trading - Is it possible?

Up Date Close of Markets on Friday 15th Feb GBP/USD Trade 1.5R Return with 25% still running and currently 186 pips up 0.9R NZD/USD Trade 0.75R Return with 50% still running and currently 35.8 pips up 0.35R AUD/USD Trade (1R) Return SL hit (50) pips ...

Mechanical Trading - Is it possible?

Currently I'm in four open positions on a DEMO account. I will record results by pips won and the R factor they represent for anyone unfamiliar with R values R is equal to the amount of risk involved in taking a trade pips don't really mean anything ...

Mechanical Trading - Is it possible?

That's an experiment I'm running to see if it is possible to "mechanically" enter trades. The important thing is how the trade is managed once it has been triggered.

Another simple system - Time-Frame 15

Hi Tieutri, This method of trading relies heavily on what the higher TFs are doing so why not just watch the 4h TF for set ups? Take a look at the chart below and ask yourself where you would rather be entering the market on a 4h chart? This is what ...

Another simple system - Time-Frame 15

How many of you out there are struggling to understand price action and all that goes with it, I know I am? I see many people entering trades on the wrong side of the market because they see setups and then enter on the same 15m chart but they end ...

Another simple system - Time-Frame 15

This is a GU trade that I entered at 15.23 GMT going to let it run and see where it wants to go. I'm also in a AU trade that I entered on the 23rd Jan 1st TP level was at 100 pips again going to let it run.

Another simple system - Time-Frame 15

EU 4h Chart EY 4h Chart Not been around much recently, been working on trading using 4h charts as I haven't got so much time to be looking at the shorted TFs.

Another simple system - Time-Frame 15

Hi Aryary, I love your charts and explanations simple and to the point, always the best policy.

Another simple system - Time-Frame 15

I was just going to post that setup, look at the inside PB screaming out to be traded. I missed it

Another simple system - Time-Frame 15

Hi Dom, I've started to follow Emmanuel advice by marking the OHLC of both the previous day and week on my charts. This gives added confluence to take a trade and also gives good target levels. If you do that you will notice that yesterdays low ...

Another simple system - Time-Frame 15

AU 15m Chart I would trade this set up all day long because it's what gives me my EDGE because I know if I keep trading them I will win more than I loose and by aiming for at least a 1:2 Risk:Reward puts things strongly in my favour. This might ...

Another simple system - Time-Frame 15

Hi Vnfx, I'm sure you see it but there would have been a good re-entry the candle after your exit. I've been out most of the morning so have missed the best of it for today. Keep up the good work Cheers Steve

Trading journal of LE1 methods

Hi Surfer, Better keep a close eye on EU hitting resistance and 50% retrace of yesterdays high to low. Nice trade you and Fxrobinhood found there pity I was out when it set up.

Another simple system - Time-Frame 15