preload
May 25
Rules
  • Determine the current force in the market: bullish or bearish? (Line of least resistance)
  • Find support or resistance (moving average, trendline, horizontal lines)
  • Find price action
Beware
  • If previous trend is too strong, never trade counter trend.
  • Watch out for magnets nearby.
  • If a candle largely overlaps with prior candles, it is not a valid signal.
May 07
Moving Average Trades

Moving Average Trades

May 05

This is a potential setup that I’m going to test…

After an uptrend (downtrend) has started, while waiting for price to approach the next nearest resistance (support), enter WITH TREND trades. Outside candles* or double high lower close (bearish) or double low higher close (bullish) can be used as signals to enter.

Example:

With Trend Trade 1 (Outside Candle)

With Trend Trade 1 (Outside Candle)

Double High Lower Close

With Trend Trade 2 (Double High Lower Close)

* Outside candles should correspond to a resistance/support, where it is possible for traders to be tricked.