image Does this appear to be a viable setup to you? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry ...

Trading is as simple as 1-2-3

image I repeat this so new comers don't have to go back to the first post. A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar. A bar makes a NEW ...

Trading is as simple as 1-2-3

image Waited over 2 hours for entry yesterday. What is trading if not waiting for an entry and waiting for an exit? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after ...

Trading is as simple as 1-2-3

image Entry at open. Stop in place.

Trading is as simple as 1-2-3

image Next hour or the next...

Trading is as simple as 1-2-3

image No USDCAD trade yesterday. Sometimes you wait and never get a trade.

Trading is as simple as 1-2-3

image Will have to wait for next hour...

Trading is as simple as 1-2-3

image Waiting...

Trading is as simple as 1-2-3

image Next hour.

Trading is as simple as 1-2-3

image Next hour. I repeat this so new comers don't have to go back to the first post. A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar. A bar ...

Trading is as simple as 1-2-3

image When price does not exceed the previous bar[1] high, what is price telling/showing you? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after the classical Greek ...

Trading is as simple as 1-2-3

image Did you exit? Are you waiting and hoping price will go up? How much are you willing to give back before you exit? Will you let a profitable trade turn into a loser? "Successful people ask better questions, and as a result, they get better ...

Trading is as simple as 1-2-3

image Next hour.

Trading is as simple as 1-2-3

image Price too far from daily high to enter.

Trading is as simple as 1-2-3

image Next hour.

Trading is as simple as 1-2-3

image A variation: Bar[2] daily low. Bar[1] price tested daily low but did not return to open price. Bar[0] price returned to Bar[1] open. Enter the trade. Place stops.

Trading is as simple as 1-2-3

image image image Next hour.

Trading is as simple as 1-2-3

image This is an example of something that drives many traders crazy and causes them future losses. Bar[2] established a daily high. Bar[1] tested the high, reversed through the open and the trade has a nice profit until... it reversed and move ...

Trading is as simple as 1-2-3

image Setting stops prevents winners from becoming losers, especially big losers.

Trading is as simple as 1-2-3

image Next hour. I repeat this so new comers don't have to go back to the first post. A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar. A bar ...

Trading is as simple as 1-2-3