Trading is as simple as 1-2-3

Long JY +5 locked

Now this one is really confusing me. Care to explain this trade?

Set up bar is arrowed (new Low). Entry at Open of next bar long.

That would be a flat out guess if thats why he took the trade. There was no test of the new low, no wick of any sore towards the new low.

Long EU +5 locked

The JY trade I took as it had tested the previous low and moved up sharply off the open, it did not move toward the low. I will take those sometimes, not technically a rules trade. Almost all set ups will move at least .1.

I get that and I would never advocate taking an entry you weren't happy with, or chase an entry. However, often with these moves, the reason the bars look like that is precisely why you would be happy to take it - because it means that price has retraced fast and strong from the new extreme and at the crossover from one candle to the next, it just continues on in one smooth move.

Also, if you are running your entries down on the one minute or tick chart, you will get so much more information on micro-PA and the momentum that is going on.

Yeah, ok, it does come down to experience and you get to recognize the signs - these things are eminently repeatable - but that's an edge just like any other, an edge that is developed over time.

Again, as I said, you don't like the look of it, don't take it. There's always another.

Short AU +5 locked

GU sell ,+5 half closed

Short CF +5 locked this one lined up nicely

caught this to for +18 pips. (:

Good, you should post some of your trades

Long GJ +5 locked

I'll try and post them all from now on

Long NZ +5 locked

Long JY +5 locked

Long CA +5 locked