True Trading Tactics

google is a wonderful tool - it finds most things.

Here is the system i use. It´s very usefull.

Dear Nbelchior,
your signal for short is difference with Kraven's method, but this can be a good addition for this method in case we combine two candles (previous candle and your signal candle). Cause the first is a shooting star and the next is the confirm bar, so, blending of them can establish reversal bar.
I have check an another example with UJ in pic, this combine can be good signal in support or resistance area.

only 1hr signal i got today was this...went 100+pips so far..

What pair was this on?

AU

i saw it but didnt have the guts to take it

Any ones look at the this pair? Shall we prepare to buy at the break of pull back and also yesterday high?

Sell as PA rejected to break yesterday high.
http://www.forexfactory.com/attachme...6&d=1330422054
[/IMG]

sell candle on 1hr eu.

entered short at 13444.

But i have this pic on eur/usd 1 hour.

Looking at your chart it doesn't look like the EA part of darkonix is working.

Yes, it´s the news part that is not working, but anyway it´s not important because it´s only market information. The important thing about that system is that red/green line. The rest, is trash.

I like billbss's comment,pg 5 #74

I think you have happened onto a good,
simple and predictive price pattern.

Hope has last comments don't come true.

.......become true!

http://i600.photobucket.com/albums/t...Feb24-2012.jpg

http://i600.photobucket.com/albums/t...iveHistory.jpg

I've held off posting for a while to see what happens with this thread i started. And as with all basic threads the indicator craze starts to roll in. I honestly believe that's why there are so many bad traders around. The only ones i use are the big time MA's 100 and 200, as i've been told these are often 'observed' by big time dealing houses.
if you read the thread in it's entirety you will get a good understand what i was trying to show. there are also 2 good 'tools' on here that will highlight the reversal candle...you have to use some trading sense on which to enter.

two last bets...1hr EJ. not being able to trade the london open anymore i have to make do with US and early Asian markets, and when i see one like this i have to enter. we have a small uptrend, a KRC early at the start of the day which bounced off 200ma (around this time 100ma crosses 200ma). initialy i had a short SL at the top of this candles which in have moved with price.

second pic is...daily AU we have a big KRC at a previous monthly high, it has now broke the last major low. my stops have been moved since this pic. my remaining tp possibley the 200ma...happy trading

AU daily

EJ 1hr...

pic post went mad, for some reason i've had to adjust them and save in different format to post

Kraven,

Thanks for a great thread here. The concept is spectacular and I have added some of my twists to it for my own use(no indicators though). I have manually tested this concept in some other faster moving instruments and it works quiet well there also.


Thanks again,

Wolf

Kraven - The really great thing about this system is it made me look at price action without indicators and become more comfortable with it. I can now use this system by itself to make $$$ or I can use it in conjunction with other systems that I like to trade - either way - this system makes a difference.
Thanks for your time and effort on everyones behalf.

Super simple PA trading with an excellent heads up trigger...
Thanks for refining this, Kraven...