So this is the EURNZD trade I posted earlier. Its 10 pips above what would have been our entry point. It gave the engulfing candle for the aggressive entry, but I didn't take that trade. The engulfing candle moved too far so the RR wasn't that ...

Channel/SR Strategy - My Journey in Becoming a Better Trader

The markets are very bad today. I've been trying to scalp. Nice catch on the USDJPY. I missed that entry at the support. I think it might give us another chance in a few hours. Keep the channels coming

Channel/SR Strategy - My Journey in Becoming a Better Trader

Yep that's right. I think we will break down still can make a few pips up before selling up there. I still need to wait for my enfolding candle. I will enter all trades that give me the right setup. I want to see how mechanical this system can be ...

Channel/SR Strategy - My Journey in Becoming a Better Trader

I've been looking for some POSSIBLE trades today. One of them is the EURNZD 4H/1h and the one is USDCHF 4H/1H. If you guys find more setups, please post it.

Channel/SR Strategy - My Journey in Becoming a Better Trader

I will try my best lol. Thanks for passing by.

Channel/SR Strategy - My Journey in Becoming a Better Trader

Thanks, man

Channel/SR Strategy - My Journey in Becoming a Better Trader

You might be right as I don't have evidence to back me side, but consider this: you are assuming that all traders will enter at the same time when the green candles shows. Now, how many times you seen a thread start with one strategy and 10 posts ...

False Prophets

Thank you, man. I appreciate your words.

Channel/SR Strategy - My Journey in Becoming a Better Trader

I agree with you. I also created a thread where I pretty much handed my whole strategy.. Step by step. I don't expect much attention, especially here where people look forward r instant gratification with no work. It doesn't matter anyway, if ...

False Prophets

Thanks! I see you also use channels to trade. How did it work for you? Why did you "abandoned" your thread? Feel free to post channels you find and trades you take.

Channel/SR Strategy - My Journey in Becoming a Better Trader

You are welcome. I'm glad you liked. Feel free to post the trades you take if you decide to use similar strategy.

Channel/SR Strategy - My Journey in Becoming a Better Trader

Well said. I personally don't care about the explorer or the fxbook because at the end of the day the strategy can behave completely different on the hands of another trader. What I do look for is the persons action. How well do they explain their ...

False Prophets

That's the beauty of this strategy. Can be used in any time frame. I do trade triangles. I love them lol. Thanks for sharing that one. I will keep an eye on it. Usually it offers quick profits.

Channel/SR Strategy - My Journey in Becoming a Better Trader

Thank you for your kind words. I hope it helps your trading. Most of my trades I take from the aggressive entry, which uses my HTF. In certain cases though, you will see price will reach your key structure but not give you an engulfing candle right ...

Channel/SR Strategy - My Journey in Becoming a Better Trader

that's funny lol. But deep inside you know you always wanted to get rich by watching some lines crossing or arrows flashing lol. We all do. That's why so appealing. I always give those systems a try. At the end of the day They might work. Who am I ...

False Prophets

I love those calming relaxing songs, but when trading it's iron maiden, nightwish, and blind guardian. I need something to get me going lol

What kind of music you hear while you trade?

I respect your opinion but I don't think fundamental analysis is any less biased then technical analysis. It's all manipulated. I have a masters degree in finance with emphasis in investment, portfolio management and so on. I had to write several ...

False Prophets

That concludes the strategy. The past 15 trades I took between 10/25 and 10/28 using this strategy gave me 14 winners and 1 loser. A total profit of almost $90 dollars using a demo account of $400 risking no more than 2% on average per trade. It ...

Channel/SR Strategy - My Journey in Becoming a Better Trader

SETUP 4.Reason-for-Entry For Condition 1 & 2 we can have an aggressive or conservative entry For Condition 3, we trade the breakout. You could use 2 EMAs crossover if you choose so. I don't use them. Aggressive Entry Look for an engulfing candle in ...

Channel/SR Strategy - My Journey in Becoming a Better Trader

SETUP 3.Entry-Condition Condition 3 Condition 3 is similar to Condition 2. The main difference is that there is no price action when looking left. We are not looking for a retracement back to a price structure, but rather a price continuation. This ...

Channel/SR Strategy - My Journey in Becoming a Better Trader