VIDEO SERIES STARTED ON POST 572 TO DOCUMENT THE SYSTEM AS IT IS TRADED TODAY
ALL NEEDED INDICATORS AND TEMPLATES ARE HERE ON THIS FIRST POST.
I have some interest in starting this again for some folks....so get on and lets go
UPDATED MARCH 14, 2017
RULES:
1) Please be respectful of other posters.
2) If talking about these methods, please post only charts that have the required indicators so we can all be comparing apples to apples.
3) I only trade the 4 hr time frame and higher (I actually take 99% of my trades on the daily chart due to current life issues) and will answer any and all questions related to that time frame.
4) If you choose to use this method on other time frames, you are on your own with that because I just simply don't look at them
5) Have FUN trading
6) Last but MOST IMPORTANT, lets farm some PiPs
NOW...On to the methods!
This Method is based on the 4 hr charts. I trade most any pair, however I concentrate the majority of my efforts on 4 pairs: G/J E/J E/C and G/N
The only indicators that I use are the i-fractals indicator and a 34 LWMA
I will attach these to this thread.
In the main pairs that I trade, I will generally always have a position either long or short.
I attempt to capture the biggest part of any trend and do not worry about giving back 10-20% on either end (beginning or end of a trend)
.
To setup your chart:
1) 4 hr chart
2) Apply the i-fractal indicator with a power of 2 or 3
3) Apply the 34 LWMA
4) NOTHING else is needed for this method except patience and nerves
ENTRY RULES:
1) If a high fractal OR DBHLC is breached to the upside, we GO LONG 1 pip above
2) If a low fractal OR DBLHC is breached to the downside, we GO SHORT 1 pip below
Thats it for entry....very simple, we follow price.
See chart named entry for picture explanations
Stop Loss Placement:
1)We place our stop at the most recent fractal or DBLHC or DBHLC to the left of entry... OR at 100 pips, whichever is less
See chart named Stoploss for picture explanations
EXITS:
There are 2 exit methods that I employ.
Method One:
Wait for a reverse signal( this means a breach of a High fractal if we are short or a low fractal if we are long) and reverse the position ( the one I use the most)
*See chart named exit 1 for pictures
Method Two:
In this exit method, I will trade in multiples of 2 for lots...ie .02 / .04 / .06 / .08 etc
1) I will set a target at 50 pips and remove 1/2 of the position.
2) I will then move the stop on the remaining 1/2 position to a loss of 50 pips ( basically a free trade)
3) I will let the remaining 1/2 position go until a reverse signal occurs.
*See chart named exit 2 for pictures
This method lets those who are not used to the big pip moves that come with it to ease into it.
THATS IT...There are no other rules or hidden pieces of the base system.
NOTE: PLEASE BE ADVISED THAT I TRADE THIS SYSTEM IN A VERY AGGRESSIVE MANNER....I DONT MIND RISKING 5% PER TRADE SOMETIMES...SO DD'S AND SUCH WILL REFLECT MY NATURE AND MANNER OF TRADING THIS!
I ALSO HAVE NO PROBLEM AT ALL WATCHING 100+ PIP MOVES IN MY OPEN POSITIONS 
ALL NEEDED INDICATORS AND TEMPLATES ARE HERE ON THIS FIRST POST.
Plan, Prepare, Execute, Repeat
