It was just after the red candle closed and the next candle dipped into stoch 30 with SL just under the PSAR and yes the red box is always SL and risk and green box is TP and reward.

Simple Low Risk Price Action Trading w/ TE Results

Nice live trade just hit TP, best setup I've seen so far today on the 15 minute chart. Really nothing else going on as of yet. I'm focusing more on my live account at the moment so soon I can share the results on this thread.

Simple Low Risk Price Action Trading w/ TE Results

15 minute definitely relies on better entries and cross checking the 1 hour chart to make sure your trade agrees with it and that you have enough room for it to work. Any time you take a shorter TP and SL you have a smaller chance of it succeeding ...

Simple Low Risk Price Action Trading w/ TE Results

Been getting stopped out on these tail candles which is highly unfortunate but part of trading on 15 minute charts. Any time you trade shorter time frames you open yourself up to getting stopped on a short spike and then see the trade perform as you ...

Simple Low Risk Price Action Trading w/ TE Results

I'm referring to the divergence in the stochastic indicator and the actual price of the pair. In this picture the red arrows indicate the difference in trend on the stochastic indicator and the price. In this case it's bullish divergence because the ...

Simple Low Risk Price Action Trading w/ TE Results

My laptop died and I was running all my daily baskets on that so I'm down for the count this week. All I have up is my weekly basket which has been in drawdown but has recovered. Other than that my main focus is manual trading until I can nail down ...

(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO

Here are a few examples of using support and resistance along with these signals and divergence. Unfortunately the only trade I took was the EUR/GBP on my live account, made a few pips but there were obviously better opportunities. That trade really ...

Simple Low Risk Price Action Trading w/ TE Results

Small winner here, didn't have much room to work with on the 1 hour chart but had a really great setup. This is an example of price breaking through resistance then it coming back as support with stoch < 30. So we had 4/4 signals with divergence as ...

Simple Low Risk Price Action Trading w/ TE Results

Yes you can certainly use the top bollinger band when the EMA 100 and PSAR are above the price, you just see that less often. You had a good risk reward there becaue the PSAR and top bollinger band were very close to the price so a good 3/4 signal. ...

Simple Low Risk Price Action Trading w/ TE Results

Glad to see you're getting the hang of this and making some good pips. I saw a few of those setups on the /USD pairs like EUR/USD, GBP/USD and NZD/USD. The best setup was on NZD/USD but I didn't take either of them because they were overextended on ...

Simple Low Risk Price Action Trading w/ TE Results

Here is the best example I could find for cross checking pairs and why you can find good setups even when it may not look perfect on the 1 Hour or 15 minute chart alone. This is the NZDUSD pair and there were 3 total opportunities in this chart. The ...

Simple Low Risk Price Action Trading w/ TE Results

He actually nailed it as my previous post mentions those topping and bottoming tails. Even though that trade took out the PSAR, it quickly rejected back to the middle bollinger band. So once that candle closed as a bottoming tail with 3/4 signals ...

Simple Low Risk Price Action Trading w/ TE Results

Here are some opportunities from the Tokyo session and London. Some of these are 3/4 signals but you'll see topping tail candles that indicate a downward move. In this case I like to wait for the candle to break the previous candle, then place your ...

Simple Low Risk Price Action Trading w/ TE Results

Good job you've been doing quite well with this it looks like. There were some great opportunities during the tokyo session on the 1 hour time frame for some big moves.

Simple Low Risk Price Action Trading w/ TE Results

Yeah I think you missed your exit there. I know it didn't quite reach the stoch 70 but this is another example of cross checking the trade. Just after that first large green bar when you entered there was an overextention on the 15 minute chart with ...

Simple Low Risk Price Action Trading w/ TE Results

No not at all, that will rarely ever happen. Just make sure that you have enough room on the 1 Hour chart for your trade to work and if you're entering on the 1 hour chart, watch the 15 minute chart for your entry.

Simple Low Risk Price Action Trading w/ TE Results

I've actually seen a lot of great setups on the EUR/CHF lately and here's another one that I just missed because it setup just before I woke up this morning.

Simple Low Risk Price Action Trading w/ TE Results

Looking at that and EUR/GBP short. EDIT: Looks like that AUD/USD short went pretty well, I snagged some pips from that one on live but this NK news just ruined my EUR/GBP trade and I took that one on live and demo.

Simple Low Risk Price Action Trading w/ TE Results

It's quite overextended like the EUR/JPY. I think you may have something once it pulls back more on the 1 hour chart but on that 15 minute chart you don't have a valid 1:1 risk reward to make that possible. You could try to get a very small scalp ...

Simple Low Risk Price Action Trading w/ TE Results

That's not a valid long for this strategy. Price has already crossed down through the EMA 100 and middle bollinger band, and the PSAR is below both as well. Check the 15 minute chart and you'll see this trade would be against you and even more on ...

Simple Low Risk Price Action Trading w/ TE Results