Do you mean when the market opens for the week? Do you mean last DAILY candle? I ask questions for clarity. Thank you, shahed58.

Follow the monthly candle and be profitable

Are these the most current rules of entry? "spark plug" There is no documentation about a "spark plug".

Follow the monthly candle and be profitable

I see the rules in post #1. Are there other rules?

Follow the monthly candle and be profitable

Yes, patience! This style of trading is not well suited for those who have a need to do something. Sooner or later, it won't come as a surprise when, someone suggests or codes up an EA. Then declares how this method doesn't work and anyone trading ...

Trading is as simple as 1-2-3

image Waiting.

Trading is as simple as 1-2-3

How did you find this trading style? Does it fit well with your personality and demeanor? What, if any, emotions were brought to the surface? Did you learn anything new?

Trading is as simple as 1-2-3

image Stopped BE+2

Trading is as simple as 1-2-3

image Entry and stop set.

Trading is as simple as 1-2-3

image image image Next hour

Trading is as simple as 1-2-3

bar[4]

Trading is as simple as 1-2-3

image Next hour. image If USDCAD makes a new low and reverses, my sell will close and a buy will open.

Trading is as simple as 1-2-3

image For those who have been here since post #1, you have seen wins, scratches, and losses. Some days, it all comes together in a big way. By doing the same thing, day after day, the odds get stacked in my favor for something big to happen. Law ...

Trading is as simple as 1-2-3

image The hour after NFP release can be easy pickings. 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 ...

Trading is as simple as 1-2-3

Hello bubola and welcome. The only comment/advice is to only trade when you are comfortable. This method is being shared in this journal with the hopes some other traders may benefit. All questions are answered with the intention of helping. There ...

Trading is as simple as 1-2-3

Before anyone starts this method ( or any other method ) please make sure you have your trading questions written down. Questions for entry. Questions for exit. Miche09, please post your questions here.

Trading is as simple as 1-2-3

image Another way is to have the daily, weekly and monthly highs and lows on your daily or H4 chart.

Support and Resistance Method - Pharley

Good question Miche09. To be honest, that is a seat of the pants call. Stop is placed as trade is entered 1 pip above daily high or 1 pip below daily low. There is always the internal, emotional fight going on between preventing loss and missing out ...

Trading is as simple as 1-2-3

shahed58 please explain the sell of CADCHF. According to my chart, this was not a sell. The previous month's low was never breached. It is possible I do not fully understand this method of entry. image EDIT: I reread post #1. My mistake. Monthly ...

Follow the monthly candle and be profitable

image Possible big run. Stop moved to break-even + 2.

Trading is as simple as 1-2-3

image image Next hour. Is posting the next hour trading candidates helpful? 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 ...

Trading is as simple as 1-2-3