The system will not be profitable as the risk reward ratio was not favourable. The important lesson for any system is the favourable risk reward ratio even with low winning percentage. The picture below shows the minimum winning rate depending on ...

Its not attention. I can use that account with only one trade explorer so am linking to that thread which is of commercial value I agree. But a beginner who is learning must not only understand the system but also the basics of profit factor, ...

This thread feeds from market so will teach from the live market from Monday. There is no use in teaching from the past. Some of the posts above are to understand what you will expect to learn from live markets basically how to handle key levels.

Yes you are absolutely right. Some of these are introductions to price action and are taught from the past. When the market opens on Monday will post more live trades.

News and Price action A trade in GBP/USD last week. As the world is aware of the Brexit saga. The uncertainty along with breakout of the support rolled the Pound to a sell. This is a nice example of correlation between news and price action

A chart from last week. 1 hr chart in CHF/Jpy showcasing how the price respected the support but once the level was broken it turned to resistence and the price just fell from this level.

Very interesting scenario playing out at Daily charts. There is a Bearish outside bar in the making and it is also sitting on the solid support that was formed back on April. I feel this area around 2780 could become intresting in coming days.. ...

On average make around 500 - 700 pips trading 4 pairs.. Past results may not predict future market moves.

Good!! you have got the hang of the system.. I have not tested EJ yet.. due to high volatility... hope you update your progress each week on EJ

No mate best trading opportunity arises when all three sync.

First criteria is chinkou to be below price, next step 2 (BC wave cross) or Step 3 (DEF break) Can happen. As long as 3 criteria are met then we enter on next candle. usually Step 1 happens first, step 2 or step 3 can happen next. We just want all ...

i have tested with just 30 pips TP, 30+50, 30+100,50+100,30+50+100 been trading for two years, found 30,50, 100 combination to be effective. 50 pip stop loss is just to reduce the sudden market reversal... usually if the trade direction is right ...

Three take profits compensate for the stops we have fixed, that is 50 pips. On the long run TP3 will build your account handsomely..

Todays trades: EU,AU - both had TP1 hit

yes you are right..

DEF means break the senkou span A, Senkou span B, cloud and close below it and we enter on the opening of the next candle. By the way 180 pips is confirmed today in GU all three TP's hit.

As i write this line the first full house (TP1, TP2, TP3) is about to be hit in GU... Enjoy.. the ride for those who are in the trade. If you follow this system religiously you will feel its power.. I think we could seriously challenge some great ...

It was not simultaneous, it was long, false short break (no BC wave cross) of cloud finally long break again...