For example, I started demo testing pullbacks on H1 during the London session. So in this case, I'm combining edges. It's both a trend based edge and also takes advantage of the liquidity and volatility based edges that comes during that session. ...

Gold

There are other edges, like news and event driven edges, liquidity based edges, volatility based edges, statistical arbitrage, etc. But, I would go with what is most supported with more resources, trend or mean reversion, because they're most widely ...

Gold

Hope I don't sound argumentative , but I want to point out that there are already edges in the market that everyone has access to. They are trend and mean reversion. These are the core edges that traders should focus on. You can choose one, use ...

Gold

I’m not saying fundamentals don’t matter. I just think they’re only one part of the bigger picture, same as a lot of other factors. Price action candle patterns is like a heart monitor in a hospital. It shows the heartbeat in real time. It doesn’t ...

Gold

The only way to confirm if it's turning bearish is to wait for the next candle to close. There are the possibilities: 1. It's a pullback, next candle moves up. 2. It's a pullback, but forms another red candle before moving up. 3. It is a reversal, ...

Gold

Also a pullback on XAUGBP. Not financial advice, test on demo only.

Gold

For next week? That's a pullback. I’d be looking to buy. The timing matters, could be Monday, Tuesday, etc., but the next W1 candle is likely to close green. Not financial advice, test on demo only.

Gold

Thanks for the tips. I am a bit past the Babypips stage, but I recognize your advice is genuine and not trolling. I hesitate to make any comment in here because unless it fully supports Islandfx911 or appears overly agreeable (brown nosing), it's ...

No Indicator Trading System

Well I was more thinking of whether the line was correct, not the actual entry. Everybody has their own personalized way of making entries, but I was wondering if the setup structure was correct, the line. Anyway, you screenshot helped. I think I ...

No Indicator Trading System

Take it easy. Alright, I'm out. Peace.

No Indicator Trading System

Actually, the ones you have on your screenshots are much tighter vertically, so perhaps something like this. Same question as above. image

No Indicator Trading System

I’m working my way through the posts, starting at post #1, and am hoping I can pose questions as I go through it to try to clarify if there’s any significance, connect the dots, etc. Hope that’s alright? If yes, I’ve noticed you’re marking such ...

No Indicator Trading System

Alright, fair enough, starting at post #1 haha

No Indicator Trading System

Okay cool, thanks for the guidance. I'll look for a current setup and send a screenshot. With the previous example, I was trying to match the other poster's example, with a current example.

No Indicator Trading System

EURNZD EURAUD finally pulled back, giving me a chance to enter. image image

No Indicator Trading System

Are there any current chart examples? I mean, not chart examples that have already happened historically.

Doomed Strategy

I don't think I understand Islandfx911's M30 system yet, but looking at the example in your post, the closest current example I could find is GBPCAD M30. It's not picture perfect but seems similar to yours? So break of this line would push price up? ...

No Indicator Trading System

85 USD a pip, that's trading like a boss.

No Indicator Trading System

Like this: green, green, then red. From there, just demo test and keep practicing until you build confidence. In case it’s not obvious, it’s not only about spotting the color sequence. You also need to understand the candle patterns well enough to ...

Quitting Forex

Have you tried demo testing during an active market session by watching for two candle colors in a row, then a current candle in the opposite color? As long as you have a basic understanding and avoid picking odd looking candles as pullbacks, it ...

Quitting Forex