that sounds like structured trading to me, nothing to do with money management.

Why Simple is better in trading and Complex is not

that's interesting, is that based on actual quantative data or is it just gut feeling?

Why Simple is better in trading and Complex is not

The concept of keeping it simple is true but also mis-leading, people translate it as meaning that to trade well you can only consider a few factors before trading decisions are made. The reality is that simple trading strategies are in fact no more ...

Why Simple is better in trading and Complex is not

Hi Matt, it's a mistake to base your risk model on the size of your TP divided by the size of your SL. A more accurate and repeatable way of trading is to take a series of trades and divide the pips won by the pips lost... Very few people end up ...

High Probability Trade Setups

no bashing... I was asking a question that remains unanswered... let me re-phrase it If you know your win rate and average risk to reward and that is profitable what is the advantage of increasing lot size to a point where you can liquidate your ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

so basically keep chucking money at it, small amounts until you hit a lucky streak of wins... good plan... of course if you cannot maintain any sort of consistent results, AND you believe the market has no structure or pattern to it at ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

yes I have read the thread, you have not read the question though. Explain how it is better to trade in a manner where your current results say you will lose all your money is better than trading in a way where the risk model says it is impossible ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

does anyone here consider risk models?.. If you're trading 50% W/L and 4:1 why would you risk 50% on 1 trade?. If you can trade consistently there is no reason whatsoever to increase your risk to extreme amounts, and if you cannot it is ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Hi Juicy, thats very hard for me to say because I am at the stage where I don't trade specific timeframes, when I get time to trade I go through the timeframes, read the SR, work out the probabilities and take a trade, sometimes it will be h4, m15, ...

H4 Power

image So in summary, so far the monthly sr has not made weekly engulf short, so monthly is still long and weekly is still long. Daily is going to close long but has not been able to engulf, so daily will most likely push up to a daily sr above ...

H4 Power

to me there was nothing on that chart saying short, just an SR at the top the had failed 3 times to push price short. If price fails to trend away from an SR it is telling you it needs to go higher first.

H4 Power

Hi Steve and welcome to the thread... Weekly H4 is cool, one of my favourite ways of trading. So i have a weak close up on the weekly but no engulf, so most likely long to weekly SR, daily engulfed short saying short to weekly Sr but as you say, ...

H4 Power

uj continued with daily p.a down from the monthly to the monthly sr's we marked, at each stage signalling retraces, continuation and eventual reverse... image

H4 Power

Ok, it seems the process for getting the context has been grasped by some I still need to do some more on it.. So here's the breakdown on uj that is currently being discussed, we can see price working it's way up the timeframes at each stage ...

H4 Power

.....unless price has already hit the the higher tf sr you forgot that bit Lucariga, if this was not the case then price would go one direction forever.

H4 Power

Hi Luca, you would of had clues on the lower tf's, daily, weekly

H4 Power

Hi everyone, nice work with the D1/H1 stuff Pipmunks, keeping the thread alive single handedly !!!! Some advanced price action SR stuff here.... When we have a box of SR, let's say on daily TF, the strong SR is at the outer edges of the ...

H4 Power

Hi Juicy... Ferru is correct this works on any timeframes. Because of the market structure price has to engulf when it changes direction, we are using those changes in direction as locations to enter and exit the market. I trade weekly ...

H4 Power

GOLD WEEKLY WAS IN AN UPTREND AFTER A WEEKLY ENGULF, WE KNEW IT WOULD GO TO A MONTHLY SR GOLD WEEKLY UPTREND image SO WE COULD OF MADE A PRESUMPTION ABOUT THIS MONTHLY SR'S BEING THE LIKELY STOPPING POINTS image WHEN WE HIT THAT MONTHLY SR IT ...

H4 Power

To really understand this process and style of trading you need to learn a different understanding of SR. We make an assumption about a price being SR on a particular timeframe, but that is only confirmed when price reacts to it. So if I say the ...

H4 Power