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    Looking for Reversal Entries

    For price trading sideways in a range, what about Donchian? Its not a new idea.............
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    How to compound

    I had never heard compounding described in this way. Do people actually trade this way? It sounds kamikaze.
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    Market bottom seems near

    Never believe anyone who says we're at a bottom. Or a top. Try not to even hear the people who say such things. It won't improve your trading.
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    Best indicators for the steadiness of trend

    To gauge trend consistency I switch from my preferred trade time-frame, D1 to the weeklies. I total the last completed weekly bar plus the number of consecutive preceding weekly bars (counting backwards in time) which the last weekly bar range overlaps with. A total of up to 5 is OK, 6 or more...
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    Best Forex Strategy

    Yes, to trade price action like Al Brooks is going to take a few years of constant practice. But buying into an uptrend on the completion of a pull-back is the simplest, and maybe the oldest form of TA trading and its certainly price action-based. It should take a novice about 2 days to...
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    Best Forex Strategy

    A master at price action is Al Brooks. Watch one or two of his Youtube clips to see how he squeezes meaning from every candle. But don't try to copy what he's doing until you have hundreds of successful price action trades behind you. Until then, put up a simple chart and look at it from the...
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    How to measure probability of side ways move

    Experienced traders who can trade break-out failures should obviously keep doing what they're doing. But for anyone still searching for their best style, its worth considering - How many trade opportunities does a trend reversal present? One really. A trend can only reverse once. Its a unique...
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    How to measure probability of side ways move

    I like your comment son boxes. All my trades are trend-following. My preference is to re-enter a resuming trend following a pull-back but sometimes I need to wait and wait for the trend to resume out of a box. To help confirm boxes I step up to a higher time-frame and count how many candles are...
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    How to measure probability of side ways move

    Or did he?.......................
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    Trading FOREX with EOD data?

    D2 time-frame does not exist. It was mentioned because of VKET's misunderstanding of what D1 means. There is no D2.
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    Prove to me that Technical Analysis Works.

    At this point the extent of your arguments that TA cannot work is that you can't find the rationality or logic behind it and you have never heard of any rich user of TA. I do use TA and do so because I have found that it works, but I am on the alert for signs that my results might be...
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    Understand the chaotic Market situation

    Clearly we trade using very different styles. Trading being what it is its very possible for one trader to have a consistent but low trade frequency with high r:r and at the same time another to have a episodically high trade frequency with low r:r. Both can be right, both will have different...
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    Understand the chaotic Market situation

    When a market is chaotic it gives me few entry signals and fewer of my entry orders are hit by price. I'm happy with that.
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    Traders Common Mistake

    The mistakes traders make are all connected with their plan. So, trading without a plan, trading an untested unrefined plan, trading contrary to the plan.... But as has been said above, these are decisions, they're not divine acts. What the individual error comprised on this trade at this time...
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    Best Forex Strategy

    I don't know how to reply, your question could maybe be a little more precise?
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    Currency pair recommendations

    Pairs move in different ways at different times but some characteristics are so long-term as to be almost permanent. Each weekend I check the long-term volatility of the main pairs, plus their price move in the last 3mths, the last 1mth, and how many consecutive recent weekly bars overlap. Low...
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    Trading FOREX with EOD data?

    There is no D2 chart. A weekly chart is W1.
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    Trading FOREX with EOD data?

    The majority of my trades are from D1 charts. I don't look to finesses entries and exits using lower time-frames. Accordingly I don't find precision in open and close prices highly necessary. Closes are important in relation to previous closes/highs/lows and MA's but my strategy ignores opens...
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    Entry and exir points am i getting this right?

    "cotton pickers" Great. LMAO.
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    how do i know if trend reversed in a bear market vs bull market?

    This is an orthodox strategy and there's nothing wrong with it. I can say I almost always use the sensible tactic of entry by way of an order on my side of price. But you're now describing not a reversal but a break-out from a sideways range. And even most break-outs don't become trends. And...
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