Trading Made Simple(r)

GBPGPY M5
GER40 M5 - red line is my stop.
Sometimes I put it at 2 bars lows and sometimes the swing low. This template works so well...
Thank you RH!

Nice to see you getting great results and building a system using the tools RH has provided.

Personally, I've also built a system thanks to this thread. I prioritize the roadmap, moving averages, and the long 34-10-3 stochastic for entries, and the RSI from the RSOR for exits.

If you want to step up your trading skills, go back 1–2 years on your charts, identify the best setups, and only trade those setups. Experienced traders often say we are not just on the money making game, but also the 'protect your capital' game, so you're risking your money only when the precedents favour your play, and when the stats show that a particular setup has the highest probability of success. Eventually, you'll label those setups as AAA+ setups and only trade those AAA+ setups. When you win, it feels very rewarding, and when you lose, you take it well because you understand that consistently trading AAA+ setups will pay off over the long run.

Best of luck on your next trade.