price is continuing to break out thus Im still holding the trade.. no ifs or maybes.. I am selling because price action brokeout lows. here is effect of trade above... Risk:reward is 1:5 right now.... but price action will tell me when to exit and ...

Support and Resistance Trading Simplified

price has broken out stops and new long triggers are piling up against failed lower high.... we price our stop at this area and move to breakeven we also sell the new break and adjust. this is price action.

Support and Resistance Trading Simplified

ok how do I misunderstand you.. you say.. candlesticks and price action are not seperate... then you say those who trade hammers wil fail because the do not look at the context in which its formed aka the "price action" so your saying you can trade ...

Support and Resistance Trading Simplified

I can agree with this.. because u seperated price action from the candlestick anything in conjunction with S&R and Price action is enhanced. agreed no it does not.. I am just seperating them.. japanese candlesticks are not price action just like how ...

Support and Resistance Trading Simplified

now lets understand why PB's work look at this chart it is the same as the chart above. notice how the places that orders stack up in the price action setups are at the break of the open of the PB look at the red line that was the stop out you can ...

Support and Resistance Trading Simplified

the honest answer about timeframes... this works on all time frames u can scalp price action until the cows come home... I say trade higher time frames because it give u 1. more time to react and prepare and read price action 2. the costs associated ...

Support and Resistance Trading Simplified

price broke high triggered stop orders that where accumulating at highs sellers entered the market and new selling orders where triggered at the low and orders begine to accumulate at high. As price continues to break out we continue to enter as we ...

Support and Resistance Trading Simplified

this is price action Price has broken low price must not break the failing lower highs to continue new trend price has broken new low price must not break the failing lower highs to continue new trend ...etc Price has broken new failing low and has ...

Support and Resistance Trading Simplified

NO. S&R is simply support and resistance... notice how I say at support or at resistance price breaks out... this is a combination or price action.. at support and resistance not support and resistance only. candlestick patterns are produced from ...

Support and Resistance Trading Simplified

as you trade a price action strategy you should hear the tone of the trade. Price has broken... Price must... price is continuing to... Not.. Price may break around... It should continue like this for .... this setup fails in X pips.. Price action ...

Support and Resistance Trading Simplified

as right now audcad Price has brokenout Price is rising the order flow stops have been hit and entry triggers have executed. Price must not break low in function to form a new trend light stop orders are forming at new low and not enough attractor. ...

Support and Resistance Trading Simplified

Price has broken out Price has created new higher lows Price must not break new higher lows to maintain newly forming trend... Price may breka new highs and encourage more buying in orderflow we know orders are above If price breaks new lows it will ...

Support and Resistance Trading Simplified

the Concepts of "Order Flow" are built into price action. Order Flow.... As new higher lows are created Orders will stack at the breaks of the lows due to traders looking long placing stops.. and traders looking short placing sell orders... as trend ...

Support and Resistance Trading Simplified

here this is price action the waves really make price action not the fact a pin bars high gets taken out... Price action trading flows like this Price is at Support... Price created a failed new low and offers the potential to reverse... Price has ...

Support and Resistance Trading Simplified

J16 is not price action.. its candlestick trading.

Support and Resistance Trading Simplified

the action of price

Support and Resistance Trading Simplified

good the testing is nearing having 3months of data in about 10 days and we are up close to 40%... I will resume documentation.. I will begin applying small bits of capital to best figure out a way to reduce risk on entrance of new capital.. we will ...

Research Journal

new entry posting a pic of entry made of system. stop to be. seriously wierd how this system catches exact bottoms using a grid.. anyways... this is just a pic of a new entry.. red circle would ... be breakevens ... yellow triangles are semi exits.. ...

Research Journal

sure but trading is not a casino.. it idea is quite opposite .. a casino has a skewed distribution that is offset.. so the bulk income comes from small profits that offset huge rare losses..

A trader's edge - myth or reality?

Im not sure anyone is dressing up average in out... we are talking about skewing profit distributions.. also we made the distinction that this is not a casino dont act like it is .. the games are much different. if u read davidee's post you find ...

A trader's edge - myth or reality?