Trade The Wave

Quoting Erebus

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Any chance of revealing the "new findings"? In the form of back-testing results would be acceptable. Other than that, who wants to be the guinea pig for this?

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Quoting jamesagnew

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if you trade in line with the daily chart your results will be better 1 hour with daily

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Quoting T721

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{quote} and whats your target for dollar cad to the upside

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Quoting jamesagnew

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{quote} 200 pips is the target 75 pip stop as hard stop or reverse signal simple

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Quoting T721

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{quote} Ok.. I'm not seeing that but good luck. Take some partials along the way

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Quoting jamesagnew

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{quote} im not a fortune teller lol 200 pips is just a target

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Quoting T721

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{quote} {image} {image}

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Quoting DwnUndrTrdr

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{quote} What are you doing bringing analysis into the equation?!

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Quoting T721

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{quote} i always analyse before jumping in.. and i've locked in 25pips incase i'm wrong

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Quoting jamesagnew

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hi new findings regarding price action concepts i use a special moving average that holds the price action you will not find this anywhere online its my own design the entry comes at first open - close price . of an up candle above top wave and i use 75 pip stop 200 pip target only close the trade on stop being hit or reverse signal good luck any questions feel free to ask template attached 1 hour time frame forex pairs {file}

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Quoting jamesagnew

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hi new findings regarding price action concepts i use a special moving average that holds the price action you will not find this anywhere online its my own design the entry comes at first open - close price . of an up candle above top wave and i use 75 pip stop 200 pip target only close the trade on stop being hit or reverse signal good luck any questions feel free to ask template attached 1 hour time frame forex pairs {file}

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Quoting edwdev

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{quote} Hey! First of all, thanks for posting this, I do have some questions regarding your strategy: 1. So the prices has to come from below the wave first? What if it comes from above, touching the first line (or maybe the second also) of the wave and then goes back up, does that work too? 2. Are you trading only long or this works for short as well? 3. What is your win rate with this strategy? 4. Does it only work for 1H or it works on lower timeframes as well? 5. Oh, and what exactly do you mean by open - close? The candle that are we looking...

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