Spent many years lurking (some good content on FF). First thread subscribed to. And first post just to say, thank you, Laura. Even though the system seems simple, there are so many things here to correct some of my mistakes and keep my emotions in check and picture clear. And also wanted to say after reading through all 56 pages this weekend, you have an enormously gracious and kind heart. Karl
Hi LauraT, I really appreciate your kindness which willing to share your strategy, and always patient to give advice
@Laura, I have 2 questions 1. does the behavior of compRSI affect your decision making? (see attached) How do you handle such scenarios? 2. when market is trading below previous day low (like in this case) what should be the target according to this trading methodology? {image} {image}
{quote} that's hard to believe, well, I believe you can't find it I guess doesn't mean it's not therehttps://www.tradingview.com/scripts/adr/
{quote} Laura Here is the Dow for this morning. The arrowed entries -would this be the sort of thing one looks for with indices ? The first arrow seems to fit the approach albeit a little draw down as one usually expects ? {image}
You can actually wait until price closes inside the channel if you prefer to have momentum more in your favour. 
Hi again, here's a FTSE trade taken earlier today. Price broke Fridays Low before pulling back to the SMA and forming a channel failure - a good opportunity for buying there
{quote} Yes, those are valid entry points
Laura - The last arrow shows a Long after channel started to round up and price crossed to lower band before going up-5 minute had punched thro other side and 15 minute bigger bar punched a longer bar. was this last arrow -LONG -in accordance with your thinking Laura? {image}
{quote} It's a counter-trend move and not one I'd take personally. I'd much prefer to wait for signs the move is exhausted and action can resume to the downside. Up to you though, you certainly could trade counter-trend if you wish
Hi, First thing first, I want to say upfront that I'm not here to sell anything. All information shared is, and will always be, free. I also want to thank everyone whose indicators I make use of. There are too many to thank individually so please accept a collective thanks. I recently decided to stop lurking and join Forex Factory. Trading has provided me with a nice lifestyle over the years and I enjoy giving back.
{quote} Exhaustion ? Do you mean price channel rolling over and price crossing to other side - as it appears to be doing now ? {image}
