Less is MUCH more Part 2 — My bad: I forgot to mention in the last message. In the beginning, I said it was all about psychology: it is imperative follow, with the utmost discipline, rules which allow us to get to know the market step by step, ...

No Brainer Trades

Less is MUCH more — Hey Pipsy! I have spent lots of time trading with the NBT style, and let me tell you: it works. The problem? It took me around 18 months (tarding part time) to realize what it is all about: psychology. You will find fibos, ...

No Brainer Trades

I owe A LOT to NBT — I owe a lot to this thread and the guys from the NBT chat. I discovered this thread almost a couple of years ago, and it was a magnificent introduction to what price action is. Nevertheless, it has been recently when I ...

No Brainer Trades

Thanks for your insights, Damion. The GBPJPY trade was a very interesting one, because it was a smart way of entering the trend with a very high Risk-Benefit, and with a strong S/R protecting our stop. How often you find this kind of entries?

A,B,C,D - 1,2,3,4 System

Hi! There are several ways of answering your question, so, let me put it in this way: the main trend is, you can say, in the monthly chart. Thus, if you want to find it, just see if price is making HigerHighs or LowerLows, and then put together with ...

A,B,C,D - 1,2,3,4 System

Thanks! — Thanks for your observations! They remind me that in this strategy, as well as with most of the discretionary trading, we can not take all the trades "literally by the rules"; instead, we should look first the setups that fit our ...

Trendline Scalping 4hr timeframe

Last GBPJPY trade — Hi guys! I am a bit lost regarding the last GBPJPY trade that david and other members took two days ago. In the chart I am attaching, I tried to find that trade (I marked the 133.36, the price at which david mentioned he ...

Trendline Scalping 4hr timeframe

Actually, I did not have much daily data for this pair; I did not see that we had a prior double bottom. It is completely neccesary that pay more attention to this kind of setups from now on, in order not to have innecesary losing trades. Thanks!

A,B,C,D - 1,2,3,4 System

Welcome back! — Hey, DRA! I never imagined to see you posting in here again. As I mentioned in my last post, I am following this system. Totally agree! I recently traded this 1H King's Crown. Although it did not reach my TP, I had enough space ...

A,B,C,D - 1,2,3,4 System

Good to see some activity again hehe. Was Pinocchio a kind of tweezers? What is the Bearish Divergent Bar? I read like the first third of this thread, and I do not remember any references of those.... or maybe I read too fast haha.

A,B,C,D - 1,2,3,4 System

I am new to the system, as till today I have taken bounces on TLs after I see candlesticks patterns on them. Those trades I posted were a group I found when analyzing the charts with my other strategies. With David's system I have seen entries ...

Trendline Scalping 4hr timeframe

Thanks, John! And what you did in the case where there were two opposite TLs nearby? You traded both with a smaller TP?

Trendline Scalping 4hr timeframe

Are these right? — Hi, guys! Are all these AUD long trades right? Did anyone take them? What would we do in the case where we have two "opposed trendlines" nearby? Thanks! Jed image

Trendline Scalping 4hr timeframe

Thanks! — Thanks to both of you! You are right... My mistake was that I thought that London's time was the same as GMT's hehe. As IBFX is GMT, and London is GMT+1, the difference between "The City" and NY are 5 hours. Thus, 8 EST+5 is 13 in ...

Central Banks & Big Players

Where did you enter? — Congrats for that trade . But, I got a question: Attached you can see my EURUSD 1M chart of today. I am in IBFX, GMT time, thus, 13 GMT is 8 EST. According to my broker´s 1M bar, the open price of today´s NY session ...

Central Banks & Big Players

Backtesting — Hi! I discovered this thread today. It is a very interesting and unique one. When I tried to do a backtesting with 5 seg charts with Oanda, the chart only had the information of the last 5 hours. Does anyone one which broker ...

Central Banks & Big Players

Candles — Hi guys! Very nice trade you all have in here. I am very interested in this thread because all you guys give the TLs the same importance to the manual trading as me. This is one of the few trades I can sayI have read completely (as ...

Trendline Scalping 4hr timeframe

Long NZDUSD — I have just put a long on NZDUSD, because of a 1H Bullish Engulfing on a TL. Very simple. image

A,B,C,D - 1,2,3,4 System

Surviving the market — Hi, Simon! Sorry for the late answer, but it has been some weeks since I have had chance to check this thread (finishing my studies). This is an interesting method that, as any other one, needs its practice to be ...

A,B,C,D - 1,2,3,4 System

Thanks a lot! I got it.

james16 Chart Thread