I have a bad news for you: experience, screen time. Too bad, there are no absolute exact criteria which work always at the same way. This is the reason why can not be this method automatized. In this picture you can see the M1 situation. There ...

Simple trading: levels and price action (mainly on DAX)

This chart is a little bit difficult for me, anyway great trade at round number!

Simple trading: levels and price action (mainly on DAX)

Yes, you can use it on forex pairs as well. But, in my experience DAX gives the most beautiful levels.

Simple trading: levels and price action (mainly on DAX)

Hi ozziedave! Definietly (Frankfurt, London).

Simple trading: levels and price action (mainly on DAX)

Yesss, update: break out, rebound, break out at daily high .. (Now I have to go, see ya later.)

Simple trading: levels and price action (mainly on DAX)

I could not stay at my screen. Current levels ..

Simple trading: levels and price action (mainly on DAX)

Current D1 high.

Simple trading: levels and price action (mainly on DAX)

There are no sure break outs. Many of them are false. But, until your bias is breached, you can keep that position and newly open a rebound as well. Waiting for pullback/rebound is a safer method (but with less profit).

Simple trading: levels and price action (mainly on DAX)

Round number again .. I missed, did anyone catch it?

Simple trading: levels and price action (mainly on DAX)

Generally I use orchid/pink line for the main significant levels, and use the white lines for the smaller, local levels.

Simple trading: levels and price action (mainly on DAX)

Round number .. image

Simple trading: levels and price action (mainly on DAX)

There is a level (not so significant, but level) .. When there is no intraday level (break out from daily high/low), we need to find something significant target.

Simple trading: levels and price action (mainly on DAX)

Don't forget, we are here.

Any short-term tick / 10 sec scalpers???

OK guys, +90 pips in the pocket (break out from daily high).

Simple trading: levels and price action (mainly on DAX)

This is how I can see:

Simple trading: levels and price action (mainly on DAX)

Hi jeetvirk! Great, show your charts!

Simple trading: levels and price action (mainly on DAX)

While I was annoyed, there was a great break out.

Simple trading: levels and price action (mainly on DAX)

(My thread has been moved to the commercial section. But why? Cause I do use a commercial expert? This is the best tool for my style, so I do have to use it. OK, no problem FF guys!) All right, I use DonForex ScalperChart for MT4, the best tool for ...

Simple trading: levels and price action (mainly on DAX)

+65 pips. Today summary is more than +300 pips.

Simple trading: levels and price action (mainly on DAX)

Luck is one of the trader's friends. But, less luck, more experience.

Simple trading: levels and price action (mainly on DAX)