Today — We broke out of the Zone long early and ran about 50 pips from my original Zone. I set my SL just above break even and was stopped out when it turned, my only 3 pips. When we entered into the Zone on the way back down, I took a short ...

PowerTrading/The River

Thanks — Thank you for the kind words DD. It is important for people to see real trading and not hear about 1000 pips per day or even a month. This is real, and you have grasped the main reason for success. Sound Money Management. Without it, ...

PowerTrading/The River

Correct — You are correct, there were only 10 trades in October but all were winners. We used a slightly different strategy this month and traded much more. We had more losses but also made more pips. Yes this is on GBP/USD only and when we ...

PowerTrading/The River

October — Just to compare. October Overview 448 Positive pips for the month Averages: 112 per week 10 out of 10 Positive trades 100% Success Rate September Overview 422 Positive pips for the month Averages: 105.5 per week 23 out of 25 Positive ...

PowerTrading/The River

November Results — Does PowerTrading work? I am posting the actual results of our live audited account for the month of November. We had more losses this month and our win ration was down but our pip count was up. Plug in your value to the pip ...

PowerTrading/The River

Zone — Here is a better look.

PowerTrading/The River

My Zone — Make sure you trade smart today. It is Friday and anything can happen on Friday. Get confirmation if we break long, I think I will not enter until we get past the 38.2 retrace of yesterdays move. PT

PowerTrading/The River

Stops — I use all the time frames to confirm what is happening in the 15 min. I like using the 15 because it breaks down the hour and we can get into a trade and may have missed it on the hour. As for Stop Loss, here is my method. If we break ...

PowerTrading/The River

Thanks — Thanks DownRiverTrader, Our method is PowerTrading but the River was one of our trades using the 62 envelope. We still use the setup but trade a Zone Breakout and not the cross. Our method is based on Fibonacci, Price Action, Support ...

PowerTrading/The River

Drawing the Zone — It would be good to just read through the thread after we started talking about the Zone and the first page. I am posting a chart of where price is consolidating now and where I have started drawing the Zone. The box is now ...

PowerTrading/The River

Closed — Here I am with a closed position and 70 pips in the bank. Obviously it ran for another 30 but I hit my target. I could have continued to move the SL forward and if I had slept any I probably would have. I will take 70 pips on any one ...

PowerTrading/The River

Profit — Gaining more profit and getting very close my target. Noticed I pulled my TP out because it was running pretty fast.

PowerTrading/The River

Moving Sl — As I moved further into profit, notice how I moved the SL with me. Also make note it is just behind the recently past fib area.

PowerTrading/The River

Profit — Notice once in profit, I set a stop loss locking in 5 pips and set my target which was the 61.8 fib.

PowerTrading/The River

Breaking the Zone — I just completed this trade and I am going to walk you through the process. Here is where we broke the zone. Notice where my sell order is located.

PowerTrading/The River

Hello — Hey Comego, Good to see you. PT

PowerTrading/The River

False Signals — You need to have Price Action to enter a trade. In other words and this normally does not happen in the beginning of the day GMT time till the early European session. In that time period Price Action is slow and trades normally ...

PowerTrading/The River

Current Zone — This is what I have for the current zone. PT

PowerTrading/The River

Here ya go — This one should work. url image

PowerTrading/The River

Yes — I have not been commenting on the 240 river because I wanted people to learn the basics and fibonacci before they are into new things. But you remember it and are smart to watch. I will be putting the 240 in play very soon and it is a ...

PowerTrading/The River