vbro, The red line would be your entry.

A Basic Trading System (BTS)

NowandLater, My thought is that you would not want to go lower than the H1 to look for retracements. Any smaller than that you could get faked into thinking that trend is resuming, when it was really just taking a breather getting ready to retrace ...

A Basic Trading System (BTS)

effilang, Very well thought out method. I will be using this in the coming week. Thanks for the willingness to share your knowledge. golferguy99 image

A Basic Trading System (BTS)

Ahaaaa — My ahaa came with Elliot wave principle!

What Was Your "Ahaa!" Moment

I personally voted for Kolachi method. I have been using it for almost two months and have had 28 out of 33 trades positive. That is good enough for me!!!

Vote the most profitable method

I agree with accrete — Dido accrete!!

The HOLY GRAIL

Pipsman In response to your post I have a live account with FXSol and my order went right in with no problem. I waited to enter about 4 minutes after the release and got my pips! I have only had my order not go through once!

How do you trade news?

Man In Black, Sounds like we are shooting for the same thing maximum profit and consistency!! No matter how we get there it does'nt really matter as long as we get there. RIGHT! LOL!

Support and Resistance

Man In Black Having no system to me is like flipping a coin, heads you buy, tails you sell. With the proper money management you could make money. I like having the probability in my favor!

Support and Resistance

My method — I use Trend Line break outs as entry's (with certain rules) and Trend Line projections as potential profit targets. Also will use MA's to increase profits!!

Support and Resistance