Trading is as simple as 1-2-3

STOPPED OUT at BE + 3.

Higher Lows since bar[6]. Sell with caution.

New daily high bar[0]. Current bar.

Daily high tested.


"Successful people ask better questions, and as a result, they get better answers." - Tony Robbins

Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.

stopped out be +5

Another new daily high. Higher lows since bar[7].

What questions are you asking yourself?

"Successful people ask better questions, and as a result, they get better answers." - Tony Robbins

Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.

Did you re-enter the trade? Why or why not?

"Successful people ask better questions, and as a result, they get better answers." - Tony Robbins

Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.

To enter or not to enter, that is the question.

"Successful people ask better questions, and as a result, they get better answers." - Tony Robbins

Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.

To enter or not to enter, that is the question.

Either you do or you doubt. What is doubt?

Doubt:

to be uncertain about; consider questionable or unlikely; hesitate to believe.

to distrust.

to fear; be apprehensive about.

Does that describe how you feel at anytime while you trade?

What can you be certain about?

"Successful people ask better questions, and as a result, they get better answers." - Tony Robbins

Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry and discussion between individuals, based on asking and answering questions to stimulate critical thinking and to illuminate ideas.

Previous bar[1] did not make a new daily high or new daily low. Sit this dance (H1) out.

Or find a new dance partner (EURUSD).

Daily low tested.

Are you ready to dance?

It says 15 traders are viewing but none are members. What made you traders read this thread? I know you can't answer because you are not members.

Positive pips.

Are you enjoying this dance?

Followed the plan. Nothing fancy. No doubt.

A bar makes a high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar.

A bar makes a low and closes. Next bar fails to make a lower low and reverses. Buy when price rises above the open price of the current bar.

Please understand none of this is original or new and this is presented for EDUCATIONAL PURPOSES ONLY. You may find your results may differ. Please check with an accredited financial specialist before using real money. FOREX trading can be risky. YOU HAVE BEEN WARNED!

Some dancers have more stamina and follow your lead better than others.

hi TS,


What signaled you to quit on GU dance at this time?
Thanks,

The previous bar did not make a new daily high or new daily low.

hi TS, i am new to this,but i want to your post#179
what do you mean by new daily low?....is it P did not cross D1 open so we switch from buying to selling,if set-ups desirable until P gets to
or near the previous day's low.....which is far enough from D1 open ,when we expect a possible reversal and enter long if set-up right....
....or previous day's low ?...and we abort trading till then...

thanks in advance ,