TheRumpledOne

I just made a quick 9 pips shorting the GBPUSD to show that this works on any pair.

Not sure what you mean by "formation wise". My point is that if PRICE is 1.5000 on M1, it's also 1.5000 on H1, D1, W1, etc... But it would be possible that the candle is GREEN on H1 but RED on H4 so depending on which way price is MOVING AT THE TIME along with the candle color is what would determine your entry. There is no reason NOT to take the trades at 25, 50 and 75 if one those is the FIRST HORIZONTAL LINE to be crossed by the candle.

I am not sure what method you are talking about. I would say "YES" because PRICE IS THE SAME on all time frames and all these methods are price based.

STALL: TO STOP MOVING. If price STALLS and I have a profit, I exit part or all of the position. I DO NOT KNOW what will happen next. Price could move against me in the blink of an eye. When I say NATURAL, I mean the stops are built into the system/method/strategy. If the method says "NEVER TRADE AGAINST THE H1 CANDLE COLOR" and I am LONG and the H1 candle turns RED, then the method is telling me to STOP OUT. It has NOTHING AT ALL to do with "gut feeling".

My FREE PalTalk chat room, the TWO PERCENT CLUB, is usually open when the FOREX market is open. Feel free to stop by.

After the new H1 candle forms, it will cross a line. You enter the trade at the FIRST LINE THAT IT TOUCHES. Does that help?

PRICE GREEN at line, go LONG. PRICE RED at line, go SHORT. What could be simpler?

I have some for eSignal, too. The eSignal and TradeStation indicators were posted FREE in other forums. Just use google to find them.

No. I do not the same indicators for TradeStation. TradeStation does NOT have the same graphics capabilities. But I do have some TradeStation indicators.

Same story.... SEE REDCANDLE. SEE RED CANDLE AT 0.6500 GO SHORT. SEE PROFIT.

PRICE ROCKETED!!

Talk about PRICE ACTION... LOOK AT TODAY'S LOW ( BLUE LINE ) AND THEN LOOK BACK TO THE LEFT.... DO YOU SEE HOW HISTORY REPEATED ITSELF?

Just one trade like this can make your day, week or month depending on lot size.

Nice pop. See how average range works?

Reversal after 3 RED H1 candles in a row.

Nice drop.

I use the SWEETSPOTS GOLD indicator that's in the zip file I posted a few pages ago.

1) PSYCHOLOGICAL TRADES are entered when the current price ends in 00, 25, 50 or 75. You want to enter in the direction price is moving at the first opportunity. If price is xx23, xx24, then you enter at xx25, you do NOT wait for xx50 to enter. 2) REVERSE TRADES are entered AFTER you have 3 like colored H1 candles in a row. On the 4th candle, you look for the opposite color and enter in that direction. Does that help?

And again...

I just want to clarify... 0.6400 was the entry at which time one takes profit a few pips later (not to get greedy since it's scalping as you said before). 0.6425 and 0.6450 were not entries because the ship had sailed. Why the second screen shot with price above 0.6450 if one was already out a few pips above 0.6400 and no entry was taken at 0.6425 on the same H1 bar? TO SHOW WHAT HAPPENED AFTER THE ENTRY Also, by your rules you should wait for at least three red H1 bars before taking a reversal so one wouldn't have even taken an entry at 0.6400 right? YES AND NO. YES, YOU WAIT FOR 3 RED OR 3 GREEN BARS IN A ROW TO TAKE THE REVERSE TRADE. BUT, NO, THESE ARE NOT REVERSE TRADES. THEY ARE PSYCHOLOGICAL ENTRIES. YOU ARE MIXING 2 DIFFERENT METHODS. Please correct me if anything above is incorrect. How do you gauge when to take profit? WHEN PRICE STALLS, I USUALLY EXIT PART OR ALL OF THE POSITION. What is the average amount? AVERAGE EXIT PROFIT? I USUALLY WILL EXIT 50% OF THE TRADE IN THE 5 - 10 PIP RANGE. THEN LET IT RUN AND EXIT AT BREAK EVEN OR ABOVE 10 PIPS. How do you gauge your stop? STOPS ARE NATURAL. IF I AM LONG AND THE CANDLE TURNS RED AND HOLDS RED, EXIT. IF THE PRICE CROSSES A LINE IN THE OPPOSITE DIRECTION, THAT IS THE WORSE CASE STOP EXIT OTHERWISE YOU ARE NOT TRADING IN THE DIRECTION OF THE CANDLE COLOR. What is the average amount? RISK SHOULD BE DETERMINED BY A PERCENTAGE OF YOUR PORTFOLIO. THEN YOU DETERMINE YOUR LOT SIZE ACCORDINGLY. THEN YOU DETERMINE YOU SL. OR YOU CAN DETERMINE YOUR SL AND THEN DETERMINE YOUR NUMBER OF LOTS TO TRADE. In my opinion, in order to be taken seriously with their strategy, one must answer these questions. Entries are only one peice of the puzzle. I'm looking forward to your responses (in all seriousness). ...................................................... I wrote the TRO DRAGON MONEY MANAGEMENT indicator that does this for you in REAL TIME. You can see it in the chart on the bottom right hand side. And by the way, I posted the TRO DRAGON MONEY MANAGEMENT indicator for FREE so you don't have to pay anything for it. Just search the net and you'll find it. I won't post it here because, I don't want to have to update it in more than one location. I hope you'll understand. Thank you for your post.

I really do NOT understand. I am showing you a method that is HIGHLY PROFITABLE. I am showing you in REAL TIME as best I can. But for some reason, SOME PEOPLE are hung up over something that has NOTHING TO DO WITH TRADING. What is the reason they are trying to KILL THE MESSENGER? What is the reason they don't want you to learn how to trade this method? What are they offering that is better for your portfolio? You do NOT need to buy ANYTHING from me or anyone else to use this method. So what is their issue with me? DO YOU SEE SOMETHING WRONG WITH THIS PICTURE?

Did you know that in the days of old if you stated that the EARTH was NOT at the center of the universe or that the EARTH was NOT flat, you would be PUT TO DEATH? Sometimes stating the TRUTH is NOT VERY POPULAR. The forums that ban me are vendor supported in one way or another. I have been posting on StockFetcher for years. I have had my share of attackers their but I remain standing because StockFetcher is NOT vendor supported. If I am viewed as a THREAT to the forum owners revenue stream, I get banned. If you dig deep enough, you will find that my attackers usually are the ones that have something at stake. Perhaps they sell their services or products. Maybe, they have some click through ads on their own personal website. But, so far, I am NOT banned here. And I won't be so long as people don't attack me. And if they continue to do so, I hope the Forum Owner will put a stop to it. Remember, in the USA, we are INNOCENT until proven GUILTY. So please base you opinion on what you see NOW and not what happened elsewhere in the past. Thank you.

New hour/candle so... SEE GREEN CANDLE. SEE GREEN CANDLE AT 0.6425 GO LONG. SEE PROFIT.

It's funny how often this works.

The ship has sailed. 0.6425 is NOT an entry. 0.6400 was the entry.