it is my pleasure Woolf, i cannot say for sure which strategy is better, sometimes the higher timeframe trend-following Strategy 1 is better than lower timeframe counter-trend Strategy 2, and other times it is the opposite. there are however 2 ...

When Price is UP, buy; when Price is Down, sell short...

EURUSD Dly different day closes produces different signals... don't stress...just trade your own signals that your trading platform generates. image

When Price is UP, buy; when Price is Down, sell short...

UPDATE: the buy trades of the EURUSD were stopped out for a net gain. no trades on at the moment in this pair. we are waiting to see which way today will close, below the preliminary LSL- blue line, or above it before a trade is initiated again. NB: ...

When Price is UP, buy; when Price is Down, sell short...

u welcome rps1027 ... that light bulb is exactly the effect i was hoping for. now take your time and go thru a few charts on your own, should u need any help then please ask, we are all here... and keep your charts the same way as the one's that ...

When Price is UP, buy; when Price is Down, sell short...

and this is Strategy 2 which is basically counter trend strategy with regard to the previous weekly close. you will notice the charts are the same timeframes of this post and prior post above. image

When Price is UP, buy; when Price is Down, sell short...

this is Strategy 1 i did not point out any additional and optional signals in order to render a clearer understanding. image

When Price is UP, buy; when Price is Down, sell short...

got to go now, will check in later this evening again, God Willing

When Price is UP, buy; when Price is Down, sell short...

Woolfpol... this is your 1st shorting signal and then 4 bars later [12hrs later] u get your short stacking signal... u are still missing the Weekly+4hr essence. what u did with that horizontal line is to apply the Counter Trend strategy principles. ...

When Price is UP, buy; when Price is Down, sell short...

yes u are late but i do see your reasoning... in that the weight of the weekly close is in your favour. and well done on all your trades yesterday, i re-call they all ended in profit. just keep in mind that it will not be like that everyday.

When Price is UP, buy; when Price is Down, sell short...

i am a it late with alert, but this Dly Chart below shows the Counter-Trend [ct] entry Signals in white. All the Green Arrows are trades with the trend...which trend ? ....the trend of the Higher timeframe Monthly Close which is Down... M+D=Down ...

When Price is UP, buy; when Price is Down, sell short...

EURUSD trade management: the below 4hr entry chart shows the new signal with price level and position of entry. this buy entry signal we call, Stacking Signal... unfortunately for me, this signal appeared during my sleeping time so we missed the ...

When Price is UP, buy; when Price is Down, sell short...

feedback on this trade for training purposes; i'm showing the pre-setup chart with 2 others. ...take note of SL placement. [R:R] this is what happened in that W+4hr trade of earlier today. SL will be moved up after this post. image image image

When Price is UP, buy; when Price is Down, sell short...

yes, correct Woolf in an earlier post concerning that chart, i did ask if anyone can see the shorting signals that i did not mark. u did, well done. [checkout page 50]

When Price is UP, buy; when Price is Down, sell short...

hi Woolfpol, very good. i just wish to make a small alteration from where u started your LSH your starting point of the LSH too far back, so i took the liberty in erasing the earlier section. please see your altered chart below. image

When Price is UP, buy; when Price is Down, sell short...

u welcome as for the definition of +brb and -brb just look at the last posted chart above, which the 4hrs USDCAD. ... there are 4 -brb bar signals and 1 +brb signal. all the orange arrows and "X" are bearish reversal bars [-brb] except the last ...

When Price is UP, buy; when Price is Down, sell short...

as for the EURAUD: M+D=Down, friday close produced a short signal... Swing Traders should be about 25 pips in profit by now. W+4hrs= uP, because last week closed uP. ...if u took the 1st buy signal on 4hrs then u would have been stopped out for a ...

When Price is UP, buy; when Price is Down, sell short...

ok for Swing Traders, the USDCAD gave a buy signal on friday close = M+d=uP M+D swing traders should be about plus 50 pips in profit now. W+4hrs= Down, because Weekly closed down last week. BUT, price is still in BUY MODE in 4hrs because ... see 4hr ...

When Price is UP, buy; when Price is Down, sell short...

let's take a look at EURUSD 1] M+d=uP 2] W+4hrs=uP since both trade directions are up, i will focus on 4hrs. so our Trading Bias for this Week is long and the 4hrs are the chart which will produce the buy signals. ... at the moment, 4hrs are in ...

When Price is UP, buy; when Price is Down, sell short...

hi timilehin, u too have a quality that is in short supply nowadays, being tenacious in your search for correct understanding... i appreciate that, so your questions are most welcome. i have taken your posted chart and filled-in the buys that were ...

When Price is UP, buy; when Price is Down, sell short...

i think that should do it, i'm tired now

When Price is UP, buy; when Price is Down, sell short...