Another example — Here's another example of price breaking a trendline, trading lower than the previous low (not shown on chart), pulling back. We enter after a pullback and ride it back down.

Simple Trend Trading Method - Pure Price Action

Harry123, once I'm in a trade, I'm pretty much committed to it. I'll bail early if for some reason I've overlooked an upcoming news announcement. I don't trade around news time, never have. Other than that, I'm in the trade unless my stop-loss is ...

Simple Trend Trading Method - Pure Price Action

5-minute chart

Simple Trend Trading Method - Pure Price Action

Trading off the 5-minute charts

Simple Trend Trading Method - Pure Price Action

Great questions whatfx! First, I find that the safest entries are once price has pulled back to the 61.8 are or a little further. I know lots of guys that will enter at the 50% fib area but my experience has proven that there is simply too much ...

Simple Trend Trading Method - Pure Price Action

On this setup, trading the M5 charts although I do trade off the H1 charts from time to time.

Simple Trend Trading Method - Pure Price Action

1st TP is 1:1 though depending on market conditions, I may lock in +5 or so pips and then let it ride. I normally go to breakeven at +15 pips, then at 1:1, I modify that to lock in +5 pips of profit unless I'm planning to close my trade at that time. ...

Simple Trend Trading Method - Pure Price Action

Averager R:R is 1:1 although there are several trades that go better but to be completely honest, I often just target 1:1. I do trade other pairs besides eurusd (usdcad, eurjpy).

Simple Trend Trading Method - Pure Price Action

Looking forward to the interaction with you!

Simple Trend Trading Method - Pure Price Action

Recent eurusd trade — With the holidays coming, things have been pretty slow. However, this trade was put on after waiting close to 10hrs for the entry. The entry and exit are clearly marked on the chart. Price broke to the upside which caused ...

Simple Trend Trading Method - Pure Price Action

First trade with this system - chfjpy — Hey LG, glad to try out another one of your systems. I'm currently in this one as my first trade using this. I'll update as it goes.

Yet another moving average crossover system

eurjpy BO — This trade was good for +56 pips. This one took off right away.

Daily-Weekly Trading Journal

I took that trade off the 1HR chart for some VERY nice pippage :-)

Jankone M5 thread

If a person follows this method correctly, this will prove to be extremely profitable. It's not rocket science. It's a simple method with defined entries executed over and over again. I agree, this is very useful.

Jankone M5 thread

gu short — No real drawdown here. Entered once price broke the low of the inside bar after the pullback.

Daily-Weekly Trading Journal

ej trade — Nice trade this morning with no drawdown other than the spread...

Jankone M5 thread

ej trade — Nice trade this morning with no drawdown other than the spread. With the trend and divergence confirmation.

Daily-Weekly Trading Journal

Varies but more often than not, 1:1.

Jankone M5 thread

Price rejected three times at resistance level, inside bar, and break of that inside bar. That's not a perfect pinbar but with these confirmations it was enough for me to enter.

Jankone M5 thread