image There is no reason to abort the rules and force an entry. Patience is rewarded.

Trading is as simple as 1-2-3

image This trade followed the rules. Stop moved.

Trading is as simple as 1-2-3

image "SEE I TOLD YOU SO... BECAUSE OF YOU I MISSED OUT ON THIS TRADE. You're stupid and so is your thread."

Trading is as simple as 1-2-3

image Do not be tempted. I know all of the excuses. "It only made a new high by a pip or two." "It looked like it was going down." "I didn't want to miss out." "According to the number cruncher indicator, price was dropping...." "Last time this ...

Trading is as simple as 1-2-3

image Sell at current bar[0] open. Stop in place.

Trading is as simple as 1-2-3

image Have to wait until next hour. New daily high current bar[0].

Trading is as simple as 1-2-3

image Waiting for price to drop to current bar[0] open for entry.

Trading is as simple as 1-2-3

image Have to wait until next hour again.

Trading is as simple as 1-2-3

image Next hour.

Trading is as simple as 1-2-3

image Stop moved up.

Trading is as simple as 1-2-3

image Entry at current bar[0] open.

Trading is as simple as 1-2-3

image Next hour.

Trading is as simple as 1-2-3

image Have to wait till next hour.

Trading is as simple as 1-2-3

Hello ssoftware. SL is not a fixed number of pips. The risk is the same for each trade. The distance from the daily high - current bar open + 1 pip is different for each trade. The distance from the current bar open - daily low - 1 pip is different ...

Trading is as simple as 1-2-3

image Waiting. 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 DAILY low and closes. Next bar fails to make a lower low ...

Trading is as simple as 1-2-3

image Bar[3] was the sell entry.

Trading is as simple as 1-2-3

image Which charts do you prefer?

Trading is as simple as 1-2-3

image image image Next hour. 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 DAILY low and closes. Next bar fails to ...

Trading is as simple as 1-2-3

image There are many threads on FF. A couple got my attention. One showed support and resistance on weekly, daily and H4 charts. Another thread used monthly charts and candle colors for directional entry. Combining these methods provides another ...

Trading is as simple as 1-2-3

Thank you for clarifying. If the previous monthly candle was red ---- > then sell If the previous monthly candle is green-----> then buy

Follow the monthly candle and be profitable