I was re-reading this thread and thought I’d post it to bump it up the forum for newer members to review. For me, this thread is solid gold with a timeless and proven trading strategy. Such a shame stewartr no longer posts but I sincerely hope he’s ...

Great to see you back posting, fantastic results, keep up the good work. Are you still trading full time as your main source of income? Jason

Very interesting thread and simple system - thanks for sharing. Please can you share with us how far back you look for your support and resistance points?

Trade 8 - EC long — Standard 500 pip stop loss. First EURCHF trade!

Trade 7 - UC long — Closed 23/01 due to bearish candlestick +254

Trade 5 - UJ short — Still in play, floating around entry point

Trade 4 - EJ short — Closed 23/01 due to bullish candlestick formation +614 pips

Trade 3 - EU short — Closed on 23/01 due to bullish candle formation + 337 pips

new trades — 6. 15/01 GU short: +522, trade closed. (this was v. lucky, nearly hit the -500 stop, have closed the trade due to the reversal candle formation) 7. 15/01 UC long: +267, trade still in play

Update — Have been busy lately and unable to post. Here is an update on progress trade 3 - EU short, currently +280 trade 4 - EJ short, currently +400, s/l moved to break even trade 5 - UJ short, currently -50 just realised that my filenames ...

Going forward I will only post trades taken as things are getting a bit confusing with all the potential trade set ups. To recap trades so far 1. 05/01 UJ long: -222 2. 08/01 GU long: -500 3. 12/01 EU short: +160, still open 4. 12/01 EJ short: +397, ...

have to admit i'm not too impressed with the trades so far - basically sitting at nearly -722 pips, haven't hit any home run trends yet, but 1 good trend could wipe out a few poorer trades, so patience required!

possble trade set up — UJ short @ 88.87

4th trade triggered — EJ short @ 121.31. in positive pips so far

3rd trade triggered — EU short @ 1.3311

GU trade almost stopped out — Almost -500

another trade set up — EURJPY short

1st trade stopped out — UJ: -222 pips

previous set ups not yet triggered — and no new set ups tonight

2nd trade entered — GU long - triggered today but sitting in negative territory. This one is on the demo account.