When Price is UP, buy; when Price is Down, sell short...

1. the below 4hr entry chart shows the new signal with price level and position of entry. this buy entry signal we call, Stacking Signal... unfortunately for me, this signal appeared during my sleeping time so we missed the ideal entry, but there were others who would have been awake [east of me] that would have seen this stacking signal and probably take advantage of it and be in a floating profit of 20 to 30 pips by now.

... all i am doing with this chart is to show the Stacking/Pyramid Signal and its best entry.
... i took the entry but are about 2hrs too late. also entered a protective SL for this trade.

1. 2] Moved SL up to protect some gains of our 1st buy which is about 40 pips. please take note of the Stop Loss Placement.

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1. a Dly buy with SL=PT as an be seen on the chart
2. and a another buy on a smaller tf which is of no concern for now. that buy obviously has a much smaller SL. Please focus on the Dly ct buy.
3. IMPORTANT: the best trade signals for GBPUSD & EURUSD generally appears around the LO [London Open] so, if one waits till then a better signal may appear.

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1. NB: the signals in 4hrs DO NOT need any lines if u trade in the direction of Last Week's close... make sure u understand this please because your entries are way too late.
2. that white line does not belong on your chart when u trade in the direction of the weekly close, W+4hrs=Down.
3. do u understand this ???
4. and, your SL is placed too far away.

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... that light bulb is exactly the effect i was hoping for. now take your time and go thru a few charts on your own, should u need any help then please ask, we are all here... and keep your charts the same way as the one's that made your understanding a pleasure.

1. take only one trade with a SL,
2. do not move your SL after the close of every bar, let it be, in other words, be resigned to the possibility that the trade may turn into a loss.
3. exit this trade when u encounter a reversal bar; for a buy trade u will exit on a -brb and for a short trade u will exit on +brb
4. re-enter when a new signal is presented, wait for signal bar to complete before entry... do not enter while the bar is still being formed.
5. this exercise should teach u a few things about yourself, some good and some bad... make a note of them.
6. lastly, do this exercise in a timeframe that suits your lifestyle, if u can only look at the charts twice a day- before work in the morning & after work in the afternoon- than select the Daily tf, M+D combo... if u can manage to check your charts every 4hrs [that means getting up from sleep once or twice] than select the Weekly+4hrs combo... but whichever one u choose, make a commitment to see the Higher tf period thru, for Dly it will be the whole month of 22 trading days and for 4hrs it will be all the 30 bars that makes up the Wkly.
7. be presented when your selected bar closes... try not to be late.
8. hope this help u or someone else.

1. Green shows M+Dly=uP
2. Blue shows CT signals, LSL & LSH closes.

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