A large bullish candle has printed on top of a strong support zone. There is also a young bullish trend that began 32 hours ago. On the 1H chart I have drawn a box around the bullish 4H candle. If I see a strong close outside this box at the end of the hour I will consider entering long. ...
After many frustrating weeks of trading with indicators and several losses I decided to remove my indicators and try price action trading. I've spent the past week studying price action patterns and candlestick patterns. My studying is not over, but I made my first 4 trades last night (Texas) and as of right now ...
Thank you to John Mann for the MA Ribbon
This setup allows you to enter the trends early but safely. I use this for a day chart but also sometimes an hour chart. I believe it can be used for any chart but is best used for longer charts. I use a weighted ADX with a length of 8 to determine if the market is ...
NOTE: I do not own this strategy. I have simply added a couple of my ideas that have worked well.
Highly Profitable Strategy
Acceleration Oscillator (accel oscillator, acceleration/deceleration oscillator)
PSAR is on the bottom