Current Setup — This is my setup for today. The zone has topped out at the 38.2 retracement of todays down move. It could go higher. Keep in mind the is some Gbp news coming out around 4am Eastern US time.

PowerTrading/The River

Thanks — Thank you, I have posted the breakout strategy on the first page and will try to refine it so it is very clear for all to understand. As for the Fibonacci placement, I pull from the previous dominant move. For example if the last ...

PowerTrading/The River

This morning — The moves today were textbook PowerTrading. This move today was made because of the zone breakout and you would have had some false signals without waiting. Just a reminder, I have updated the first page and included the ...

PowerTrading/The River

Today — Here are the moves from this morning. I am a little late in posting these but here is the possible entries from today. You will see I am in a long position now for a possible reversal. I am not completely sure of this move so I have a ...

PowerTrading/The River

Thanks — Thanks, I hope you learn it well and make lots of pips. PT

PowerTrading/The River

First Draft — This is the first draft of the revised setup. I will be placing templates and other files later. url

PowerTrading/The River

Revised — I am starting to post the revised setup and it will all be up over the next 24 hours. PT

PowerTrading/The River

Todays Trades — Today was an excellent trading day. We had a clear break from the top for a nice short position. I picked up 69 pips there as seen in my earlier posts. Then on the reversal I was able to pick up 23 more on a retracement back to ...

PowerTrading/The River

Trade — Great Example, This method works on most pairs and although I am not supporting them here you can see it works. The Zone Breakout is just another way to identify S & R and when it breaks it usually runs. Notice in most cases it will ...

PowerTrading/The River

Trade — Now this is a River Trade the right way. With my Zone Breakout you can avoid false signals. On this trade it was almost a typical River entry but using the breakout of the zone it becomes more powerful. The reason this is a better move ...

PowerTrading/The River

Continue — This is current. You can see how far this thing ran. It goes to show you can never get them all. PT

PowerTrading/The River

Current — I had a short in place from close to the high and it just hit Take Profit for 69 pips. Of course it continued to run after that but 69 in the bank is a good nights work. Even if you had waited for the zone breakout you would have ...

PowerTrading/The River

Update — I have started updating the first page. Please be patient, it will be completed this weekend. New to the PowerTrading River will be "Zone Breakout". This is a method I developed by using a box strategy, not based on some particular ...

PowerTrading/The River

Quick Reversal — After we hit the top, I decided to take a quick reversal. Here it turned back on me and I picked up 20 pips.

PowerTrading/The River

Thanks Bull — I am not too big on indicators but I am going to try this. I started out using zigzag and want to look at it again. PT

PowerTrading/The River

Good questions here. First, under the original rules of entry you would enter when the first candle is formed outside the River without touching. Please understand it is important not to enter based solely on this move. It can be affected by time of ...

PowerTrading/The River

Update — I will be editing the first page in the next few days to better show how the PowerTrading Method works and we will still use elements of the River. Believe me when I tell you this refined method is much better, just look at our ...

PowerTrading/The River

Current — It broke back through the 38.2 fib and I took it out with 41 pips. I have now extended the zone to the 38.2 fib and if we break back down, I will enter another short or look for another reversal on the high. I will not place another ...

PowerTrading/The River

Current Position — Finding myself at a critical position here. We are bouncing off the 38.2 fib from the retracement of todays move. It is acting as good resistance at the moment but if we break I could give back a lot of pips. Up 57 at the ...

PowerTrading/The River

Yes — Thank you and you are correct. I want to edit the first page to make changes to this method that I feel are important but I am trying to change the thread name and I need to see if they will let me do it. PT

PowerTrading/The River