Simple trading: levels and price action (mainly on DAX)

An example: LaserForks and the low time frame (M1).

An example: LaserForks and the high time frame (H4).

Hi Friends,
Do you remember this trade?
Well, almost two weeks have passed since then, very slow trade ...
But +150 very slow pips are equal to +150 very fast pips, aren't they?

LaserForks - as your reliable compass in the ocean of pips - is ready for the new year!
There will be huge amount of new pips on the market this year. How many will be yours?
If you use the proper tool(s), you will be on the winner side.

Look at my previous post, then look at this picture:

Beautiful LaserForks on EURUSD H1.
Currently I'm working with 14 great forks.

See previous post ... newly developed touch point at Fibo0 (resistance).

Currently I'm working with 5 excellent forks.

Why do I tell you that LaserForks is (one of) the best indicator?

Because this is a real and reliable compass.
Using this indi you will see that price doesn't go pell-mell, but always goes from somewhere to somewhere.
Price always moves between significant points.

Look at this and this pictures and then look at this one below.
Look and see how it respects and creates these new points.

Notice: this is not a lagging indicator. At least 99% of indicators are lagging.
It means: 99% of indicators just show the past.
A good fork can show the future. This is the point.

OK guys, let me ask a question:
On the H1 time frame: AUDUSD, EURGBP, EURUSD, GBPUSD, NZDCAD, NZDUSD, USDJPY

What are the common in these H1 charts?
(For the answer select this green rectangle with your mouse! )
All of them have a great, easily tradeable LaserForks-fork!


(LOL, sorry for the infantile quiz, but I couldn't resist ... ... and indeed, they are fantastic forks. Do you find them? LaserForks did ... within milliseconds.)

H1 time frame:
EURCAD, EURGBP, NZDCAD, NZDUSD, USDCAD, USDJPY

Really great forks, got them?
(Also, there are other nice forks on other time frames.)

Today is a very smooth day, so far more than 120 pips, solid equity curve.

On H1 time frame there are 7 nice forks currently.

Automated pitchfork: one of the most profitable trading methods.

See the picture below, this is my extremely simple trading method using LaserForks.
(After making the picture, I modified the SL into BE.)

DAX H1, pretty nice, isn't it?

See post #557 and then see this picture below. Closed in +80 pips.
This is the power of LaserForks.
Small initial SL, big initial TP. And, they are getting better (even smaller SL and even bigger TP by trailing) as time goes by.
Turn your RED pips to GREEN!

This trade was so typical to the method that I made a bigger resolution of it.
Upward fork > lower ML entry > small SL below the lower ML and 4-5x bigger TP near to middle ML.
Vice versa for a SELL trade (downward fork > upper ML entry > small SL above the upper ML and 4-5x bigger TP near to middle ML.)
Simple and effective. Do you know any better?