Trading is as simple as 1-2-3

Hello TooSlow,,,
I want to make comment here as i have been skimming through your Thread over the past week and appreciate the comments you have given here to share your thoughts on this simple approach. You made a great comment regarding how so many threads start off simple and after page 12 seem to change tack and become "Not Simple" anymore. Yes, i spend many hours reading them . Lets hope this stays simple, at least long enough for me to get the gist of it .
I'm reading from Page1 and up too page 4, trying to take it all in ,,,, maybe i should have the "tooSlow" nickname ,,,
Anyways, you also have a great concept in regularly repeating the Basic Steps, helps me greatly reading it after every few Pages, I think it also helps keep your thread growing into something complicated.
Ok,,,
Referring to your last few posted Charts,,,
D1[1]Open/High/Low ,,, this is referring Yesterdays Day O/H/L and manually put into the 1 Hour Chart, Right?
And
D1[0]Open/High/Low ,,, well this is then Current Day (so far) O/H/L. Right?
So,
I start by, Go to Daily chart, Get O/H/L/C and draw these in on Current Day Hourly Chart.
Am i off to a good start on getting your methods happening for me?
Thanks Again
Storm

Welcome StormGirl:

The method has not changed since page 1.
You mentioned things got complicated after page 12.
Could you please elaborate on what you perceive to complicate matters?
There is not much to "take in".

, Referring to your last few posted Charts,,, D1[1]Open/High/Low ,,, this is referring Yesterdays Day O/H/L and manually put into the 1 Hour Chart, Right?

Yes, you are correct.


And D1[0]Open/High/Low ,,, well this is then Current Day (so far) O/H/L. Right?


Yes, you are correct.

So, I start by, Go to Daily chart, Get O/H/L/C and draw these in on Current Day Hourly Chart.


Yes/no.
Yes you can go to the daily chart and plot those lines on the daily chart.
Then switch to H1 chart.
The lines will still be there.

Am i off to a good start on getting your methods happening for me?

Yes.
It sounds like you are.

You can also follow along in this thread: http://www.forexfactory.com/showthread.php?t=590623

The method is similar.

Thanks for the questions.

Hi,,, Thanks for the prompt reply,,,
No,,, This thread has not got complicated in any way. I was just commenting on how so many "Simple Systems" develop into something Not So Simple after a few Pages ;(

WARNING

When price breaks through yesterday's high or low, that is a breakout!
Trade the reversal with caution.

Textbook trade

Just to be clear, on chart:

Waiting

Enter short on 1.4712
Colored bar is an inside bar.

usdcad was a fun ride.

Be careful when there is news.

Patience pays off.

Lets see how this plays out... entered on a Pull back / bounce off trend line. going for 5:1 RR moved SL to BE when the trade hit 2.5R.

https://gyazo.com/fecb640859b31e9a84e84111b970f8ba.png

Careful when trading THE BEAST.
Bank pips when you can.

not a bad idea, but i like to let my trade resolve themselves and not cut the short... seems to be working very well!

Thanks for sharing.

Waiting

Waiting

Can be applied to trading: http://jamesclear.com/3-stages-of-failure