But look at this H1 Chart of Gold. Here we could just trade the trend. When FXMax changed to Red, (trend down), we can sell and the add to short positions when we hit the top of the channel. See where the arrows are. So now I'm waiting for FXMax to ...

Derek et al Easy Trading System

Hi Laitus. Mostly the channel top, (or bottom), the arrow helps. Of course the most important one is the trend. I'll post some trades with comments though. I often use SL not as a normal SL, but to cover trades in BE or to trail profits.

Derek et al Easy Trading System

Short. I used M1 for entry. image

Derek et al Easy Trading System

Will this be the elephant in the room? image

Derek et al Easy Trading System

This is an M1 Chart. The Ichimoku Indi does not change when you change TFs as it is showing all the TFs. image

Derek et al Easy Trading System

Looking at the H1 Chart we can see Support being challenged. I think it will break and price will go further down, with more bad news for stocks across the board. I might use the M1 chart to look for a short... image

Derek et al Easy Trading System

Pity that one stopped out because a great place to Take Profit is the lower channel. image

Derek et al Easy Trading System

I went short off the channel top, Used M1 chart for entry. SL moved to Break Even. image SL hit for BE

Derek et al Easy Trading System

Thanks maahome!

Derek et al Easy Trading System

Ah yes, you are actually correct here, kleybenny, after a few bars it will stick. But this doesn't matter too much as you would never buy at the top of the channel.

Derek et al Easy Trading System

I also use the system on other instruments, but on H1 and H4 time frames. I will publish some trades here and you are welcome to publish yours too if you find this system useful. I'm sure it will be interesting for other to see. I don't use a stop ...

Derek et al Easy Trading System

image

Derek et al Easy Trading System

image

Derek et al Easy Trading System

A note on repainting indicators. Chaos is a Support and Resistance Indicator and will therefore repaint. There is no problem in this. The arrows generated by the Forex Sweepmod indicator do not repaint. The FXMax indicator will not repaint either.

Derek et al Easy Trading System

If you load the template you should get the full system. Now remove the Gann Averages and the Ichi360 Monitor indicators and you will have the simple system, which looks like this: image

Derek et al Easy Trading System

Here are the rest of the indicators to complete the full system: file file file And here is a template for the complete system: file

Derek et al Easy Trading System

Not sure deltaone, (of a green day), perhaps TP @ 8325

Carpe diem: Intraday tactics for Dax and Dow

SPX to catch down to OIL....

Carpe diem: Intraday tactics for Dax and Dow

I think better to short at 8405

Carpe diem: Intraday tactics for Dax and Dow