One method is based on divergence and the other is based on a 21ema channel. I have not introduced these methods yet because I'm still forward testing these methods "live". I'll introduce these methods at a later time.

123 Method by lgtj

Hello AlienFrog and welcome. No, I don't trade with the weekly trend trading method anymore. However, I do trade two other daily methods along with this one. For example, this method is not effective at the moment because the market is changing. But ...

123 Method by lgtj

Hello 555ngone and welcome. Although the weekly and daily are in buy mode, I would wait because the daily macd is showing weakness at the moment. The 4H macd is in sell mode and the 4H 21 sma is pointing down. I expect price to fall toward the 50% ...

123 Method by lgtj

Hello forexjpin and welcome. Someone else asked a similar question earlier in the thread. Read posts 32 and 33. I think you'll find your answer there. If not, let me know, and I'll be happy to answer your question.

123 Method by lgtj

Hello Bobcat2 and welcome. I'm glad to know that this strategy compliments yours.

123 Method by lgtj

Thank you for your contribution. I like it.

123 Method by lgtj

Is this the macd on your charts?

123 Method by lgtj

So far, so good. Patience is a virtue. image

123 Method by lgtj

It appears that price action is about to penetrate the recent swing high on audjpy. image image image

123 Method by lgtj

Good for you!

123 Method by lgtj

Eurjpy daily macd just went back into buy mode on the previous candle. There is bullish divergence on the monthly macd, and the weekly macd is already in buy mode. I expect a big move to the north. image image image

123 Method by lgtj

I placed a buy stop 1 pip above point 2 on gbpusd daily @ 1.61052. Let's see how it goes. image image image

123 Method by lgtj

Gbpusd daily macd finally gave us confirmation to go north. image

123 Method by lgtj

Hello qwertymyfx and welcome. Thank you for your comment.

123 Method by lgtj

Nice trade.

123 Method by lgtj

The movements have slowed down over the past couple of weeks. I'm patiently waiting for a few set-ups. I'm currently watching eurusd, gbpusd, and audusd. We have points 1 & 2 established on all three weekly charts. But on the gbpusd daily chart, we ...

123 Method by lgtj

Hello xmess7 and welcome.

123 Method by lgtj

Hello Vantage and welcome. I'm honored to have you post on my thread. I've learned a lot from you about price action, and I hope that you'll contribute your insight on this thread. I haven't considered the early entry method that you've mentioned. ...

123 Method by lgtj

Hello Howard. No new set-ups yet. I'm currently keeping my eyes on eurusd, audusd, usdchf, usdjpy, and gbpusd because price is retracing on these pairs.

123 Method by lgtj