Hey Sam, You know, what attracted me to your system at first was this saying on your website. " I RATHER TRUST A TRADER WHO HAS TESTED ONE STRATEGY 1000 TIMES THEN A TRADER WHO HAS TESTED 1000 STRATEGIES. " It seems like the more that I trade this system the better I get with it. Close to 700 pips this week, before I would be lucky if I made that in two months. It is the way that you have taught me to look at the markets that is so fantastic!! Today, EURUSD completed a 5 wave pattern at a resistance area that just happen to be a 1.382 extension of the previous high. I dial down to the 1 min chart and wait for an entry, I look to the other pairs that I am trading I see a similar setup coming to life. The price pulls back into the wave, I enter on a momentum bar. Over 200 pips today and it is only 9:30!! I think that that is it for me for that week, the great thing is that I will repeat the same on Monday!! Have a great weekend Sam, Thank you a lot!!
Why do we need a trading system ? Because we simply cannot control our emotions like Fear of loosing and Greed. After many years of learning about the knowledge i mention above, i started to build different strategies for different time frames. Higher time frames such as H4 and Daily takes days and sometime weeks to make the right setup to trade. As a full time trader, what you do in the mean time ? So i started to build strategies for intraday charts like H1, 15 , and 5 min charts. Finally i came up with this Strategy and it works like a charm. Although it gives me setups on all time frames, I myself uses it mainly for 5 and 15 min. charts.I am attaching some charts below for you to look at. My charts speaks for themself and requires no explanation.
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