Truth in Trading 1.0 has been helpful to a few traders. The attached PDF details the method and it was revised on 9/10 to include the 30 minute entry method.
Truth in Trading 2.0 is based on 1.0 and adopts some supply and demand trading concepts that some are more comfortable with. The 30 minute entry method can be used with this method also but it is not described in this PDF.
The methods above identify specific zones where trades are preferably to be entered. Japanese candlestick theory as described by Nison and Morris in reference to reversal candles are a primary to the method. Reversal candles occurring within the zones signal trades. Although the signal candles themselves can be used alone to enter trades either on their close or on a retracement, a 30 minute entry method is described for those desiring tighter stop losses and the ability to reduce draw-down. Those critical of Japanese Candlestick validity need not waste their time posting critical comments. Neither I nor those successfully trading this method care.
The methods taught in this thread have been profitable for me but I make no claim that you will profit from them. You will not find a plethora of traders posting one profitable trade after another or me or other's posting proof of profit. Requests for proof of profit will result in your removal from posting here.
This thread exists for the purpose of trading only the methods taught and for traders interested in the methods to post their charts with set-ups and live or demo trades or questions about how to trade the method. I am not open to criticism of the methods as I am completely confident in their profit ability. Your inability to turn profit with the methods is not an indication that the methods don't work.
Losing or breakeven traders usually have a problem with risk management rather than trading a particular method properly. Learning how to manage trades and risk is something that is learned and takes time. Most traders are obsessed with winning more trades than they lose and this is why they are not profitable. A winning strategy is possible by winning less than 50% of trades and the fact is this is what most winning traders deal with in their own trading. Trade and risk management is not something that is easily taught and I make little or no effort to do so in this thread.
I request that your posted charts are clean and as much as possible indicator-free as it is my belief they are useless and detract from price action.
I also have a skype room here: https://join.skype.com/CGygUDtL8Jrd
In the skype room there are few consistent traders using the method with Infinipipz being the most frequent and one whom will answer many questions about the method when I am not around. I am very grateful for his continued faith in the method.
Truth in Trading 2.0 is based on 1.0 and adopts some supply and demand trading concepts that some are more comfortable with. The 30 minute entry method can be used with this method also but it is not described in this PDF.
The methods above identify specific zones where trades are preferably to be entered. Japanese candlestick theory as described by Nison and Morris in reference to reversal candles are a primary to the method. Reversal candles occurring within the zones signal trades. Although the signal candles themselves can be used alone to enter trades either on their close or on a retracement, a 30 minute entry method is described for those desiring tighter stop losses and the ability to reduce draw-down. Those critical of Japanese Candlestick validity need not waste their time posting critical comments. Neither I nor those successfully trading this method care.
The methods taught in this thread have been profitable for me but I make no claim that you will profit from them. You will not find a plethora of traders posting one profitable trade after another or me or other's posting proof of profit. Requests for proof of profit will result in your removal from posting here.
This thread exists for the purpose of trading only the methods taught and for traders interested in the methods to post their charts with set-ups and live or demo trades or questions about how to trade the method. I am not open to criticism of the methods as I am completely confident in their profit ability. Your inability to turn profit with the methods is not an indication that the methods don't work.
Losing or breakeven traders usually have a problem with risk management rather than trading a particular method properly. Learning how to manage trades and risk is something that is learned and takes time. Most traders are obsessed with winning more trades than they lose and this is why they are not profitable. A winning strategy is possible by winning less than 50% of trades and the fact is this is what most winning traders deal with in their own trading. Trade and risk management is not something that is easily taught and I make little or no effort to do so in this thread.
I request that your posted charts are clean and as much as possible indicator-free as it is my belief they are useless and detract from price action.
I also have a skype room here: https://join.skype.com/CGygUDtL8Jrd
In the skype room there are few consistent traders using the method with Infinipipz being the most frequent and one whom will answer many questions about the method when I am not around. I am very grateful for his continued faith in the method.
Attached File(s)
