Measured Moves Trading System

This is how with a modified fibo tool I project measured moves in a downtrend, when I notice a cluster of projections that's the spot to look for price action to develop a reversal. Entry is a classical Joe Ross 1-2-3 high or low, pending stop order at point2 with stop loss under/over point1, Risk Reward starts from 1:1, then you modify it accordingly to your win-loss ratio.

If you prefer you can use line graphs as well

cluster of MM projections and market respecting it.

Oooooh Weeeeee! let's get a real job, let's get a job
cheers

congrats, very appropriate!

Since someone asked me how to set the fibo tool, I'll reply here for everyone: you just add levels 0 1 2 3 4 5 6 7 and so on and you are good to go.

cluster of resistance projections on EA today

detail of Ross 123 entry and take profit

emerging cluster of resistances projections on CJ 15min chart.

emerging cluster of supports projections on UC 15min chart.

Hi, nice threat

Can I ask you how long you trading this approach and how sucessfull? Thank you

It's a behaviour I started noticing 2 months ago so I don't have a full statistical report on this trategy, if you graphically backtest it you can see it has a edge...I'll set up a TE and see how it goes.

emerging cluster of resistances projections on EU 15min chart.

Like this entry on EU yesterday, power of MM.