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 Timur443
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Oct 6, 2011
 Timur443
P.S.: Its not my own method, its old for almost 30 years. But i think its still working method. You just have to figure out SL placement and exits of course. Exits are far more important than entries. Eyball it and you will see. Works great on 1D and 4H also.
Oct 6, 2011
 Timur443
Hi,

Its simple. Here are the conditions for entry:

Long: Current candle closed higher than previous candle high. Than place waiting Buy stop order on actual candle high.

http://www.forexfactory.com/attachme...1&d=1317891815

Short: Current candle closed lower than previous candle low. Than place waiting Sell stop order on actual candle low.

You can use this method for scalping and for long term trading as well. But you need to develop your own method for exits. This pattern has a very good Win ratio I think. And you can filter some signal with moving average for example. Im still in development. Oh almost forget. If price fails to take your waiting order, than cancel it and wait for new set-up. Hope you got it. If not feel free to write me again.

Have a nice day.
Oct 5, 2011
 gudule95
HI Timur,

I'm interested in all price action method, but despite your screen shot on the post "almost naked trading" i do not understand your "Smash day patterns" method, could you please develop and explain your setup ? is it only scalping in 15min tf ! ...
thanks and see you
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