Recent content by Jmerrick

Another 10 Pips Trade taken from AUDUSD today. In the down trend we see a two bar reversal. Followed by a strong bear candle breaking through the support zone. Price gives us a perfect retraction to entry at 0.75848. Just over an hour past entry we take profit at 0.75748. Concluding...

You are free to choose to make any judgement you do so wish.

Consistent Break Out Strategy - Gold 14/6/2017 Hi All, This BO trade just took place on Gold (12:30 BST). Another 10 Pips secured. A large bear sentiment drove through the support zone, price then retracted to the zone before dropping to the downside. Minimal risk SL and TP. 20...

You are more than welcome to your "subjective" if not blatantly inept judgement. If a particular strategy work, and is low risk please explain how I am "Preaching" that anyone uses it. I have not told anyone to trade this way, I am simply demonstrating a method that is very consistent and...

Thats a 4hr chart, my analysis is from the 30m chart.

Wedneday 14th June - EURJPY Good Morning everyone, A little bit too early in the morning for me, but another example of a break out setup. As you can see we are clearly in a bull trend (30m Chart). Price formed a 2 bar reversal with extended shadows, which creates our resistance zone...

Excuse me I don't have an indicator to sell, nor do I charge, intend to charge or distribute any indicator. If you read my post you'll see that this strategy is purely Price Action. No indicator I'm aware of could detect or execute such a trading set up, as this requires you the trader to...

Consistent Break Out Strategy Hi Everyone, Before I retire for the day I just wanted to share another set up that occurred today on GBPUSD. As you can see this was a bull trend. Price then formed a two bar reversal at a resistance zone. Price then breaks upwards through this zone (taken...

Consistent break out strategy I'm UK based, so yes maybe that is the case depending on your tomezone. For a trading day I'm looking for two bar reversals at a s/r level. Here I place a zone that covers the shadows of the candles. You can see that in the trades above. Then you must wait for...

USDCHF - 10 Pip win Hi All, Firstly I just want to say that I did not take this trade today as I was not trading. However, USDCHF gave us a great example of the Break Out Strategy. Analysis. 1. Previous price action had given us two 2bar reversals off of the support zone (highlighted by...

I will continue to explain how these set ups form and the advice that I am learning from my Mentor. This is a Price Action strategy, that performs very well if applied correctly. I just hope to give beginners alike the opportunity to learn a method that has been consistent. Thanks James

Correct, this strategy requires live assessment for the validity of a set up. I could maybe call a potential trade set up, but this is Price Action, the market determines whether or not a trade is entered.

Firstly, I am highlighting a strategy that others could learn and follow. I am not providing a signal service here? If its meaningless then perhaps you already trade successfully and don't need to comment in a manner that add no benefit to this thread or beginners that might want to learn

If you look at the PA, the market is consolidating. Price is making LH's indicating a move to the downside. This was confirmed by a large rejection. The break out candle below the entry point indicated a potential bear move. Thus when price retracted back entry was made. Any stop loss can...

Sorry my mistake. Entry was 1.12179. Attachment should be there it's showing when I checked.