image Above each candle, top green number is pips (high - open) , bottom green number (close - open) and below each candle, bottom red number is pips (open - low), top red number (open - close). The pips are there for those with the guts to trade.

Simple & profitable: 00 horizontal line trading

image Deja vu!

As simple as possible: 00 level trading

Traders have the knack for taking simple systems and complicating them thus destroying them and their accounts. Currency pair price is in flux and should be handled accordingly. In the moment and at the time is trading. Every tick a decision is ...

Simple & profitable: 00 horizontal line trading

Those are not part of this system. Your ideas could be used in another system. Why what for the 00 lines? How often do you see a close at 00? Traders move price away from 00 lines.

Simple & profitable: 00 horizontal line trading

For the purposes of this thread and 000 trading the H1 frequency distribution shows the range of movement to be expected during the H1 bar. 10 pips or more almost 68% of the time. This knowledge is used for currency pair selection. image

Simple & profitable: 00 horizontal line trading

On the other 00 thread, an attempt to share and explain range frequency distribution (FD) was rebuked. Another reason to start a new thread. FD clearly shows what range values should be expected to occur vs a simple average. image

Simple & profitable: 00 horizontal line trading

ADR and ATR are bandied about on many threads and forums. Though few truly understand how to apply them properly. It only makes sense to look at a group of ADRs or ATRs and discover the minimum and maximum. When a currency pair exceeds the minimum ...

Simple & profitable: 00 horizontal line trading

139.000 or 137.000 take your pick. image

Simple & profitable: 00 horizontal line trading

The "original" method was posted on numerous forums during the last decade.

Simple & profitable: 00 horizontal line trading

There was a USDJPY 000 trade earlier. image

Simple & profitable: 00 horizontal line trading

You mistake precision for wordplay. Traders should strive for precision. May we please get back to discussing the method?

Simple & profitable: 00 horizontal line trading

The method has adapted to fit current market conditions. Changing line spacing is adaptation not method evolution. Evolution would entail much more. H1 average range is a mere 11 pips. Spacing of 10 allows more trading opportunities than 25. image

Simple & profitable: 00 horizontal line trading

image When the "original" method was posted the currency pairs had greater ranges. To adapt to changing market conditions the sweetspot lines were moved to a spacing of 10 pips to accommodate intraday scalping.

Simple & profitable: 00 horizontal line trading

image The "original" method placed the sweetspot lines at 00, 25, 50 and 75 in the days of 4 digit prices. That is how long the "original" method has been around. The chart is almost "naked".

Simple & profitable: 00 horizontal line trading

This thread is closer to the "original" method that Udine copied from for his 00 Thread.

Simple & profitable: 00 horizontal line trading

Keep it simple by looking at your chart. No need to be distracted about broker time.

As simple as possible: 00 level trading

Observe how the currency pairs move across the 00 price level prices. . 000 is more precise with the 5 digit prices. Price moves from 000 to the next 000 but not in a straight line. That is the challenge for the trader.

Simple & profitable: 00 horizontal line trading

Please, I was not mocking you. One who is not winning should not be trading multiple pairs.

As simple as possible: 00 level trading

"trade what you see". The 00 lines and candle color is enough.

As simple as possible: 00 level trading