Hello all.

I trade on D1 largely, because I have neither a patience a desire to spend my time before charts.

I use quite simple entries:

PB - Reversal Bar (widely called Pin Bar)
IN4 - Interior Narrowest of 4
NB - Neutral Bar or Doji.

These triggers should happen at installments loed in specific zones - SR (Support/Resiatnce) levels characterized by

horizontal lines (PZ- Price Zones and RN - Round Numbers),
diagonal lines (TL - Trendlines and AP - Andews' Pitchforks),
and many rather unique moving averages (EMA/SMA) as Floating SR..

Nothing new. I believe the key here is to remain consistent.

I trade EURUSD, GBPJPY, USDCAD, EURCAD, EURAUD, XAUUSD (but now I don't because US broker laverage is 1:1 and that I need larger for Gold, so perhaps I will need to open an additional account, I am thinking of Alpari?) .

My journal will not be updated exactly when I enter the transactions, I am sorry I just don't have the time or discipline. I know anybody can say I went long here, short here, however I do not care. This journal is mainly for me. I will be happy if it will be very helpful to newbies and other traders.

I will not go into details about my egies. But I have completed in previously on other forums and it is always largely negative feedback. I really don't understand, are individuals jealous or something? I mean regardless of what system one would suggest that there will always be individuals who highly uncertainty and already know that it will not work in future.
I'm a doubter myself, and it had been very difficult for me to convince myself to actually trust and trade the setups. What I have done I went in a record of charts to 1970's, 80's, 90's, and from 2000 until now. I found it working previously as it does now. I recall testing EURUSD I believe 2006 or 07 - was unprofitable, backtest actually ended in profit =0, but at the exact same time other markets were in positive gains using the exact same egy.

I utilized Fixed Fractional percent Risk, however I ceased, and utilize now fixed $ number risk per trade. Yes, after a reduction I trade larger, but it's very marginal increase. I found it works better and DDs are regained faster.

My installations are rated A,B,C,D - this is another way I control risk.
Additionally, not all pairs that I trade with the same minimal risk. EURUSD, GBPJPY are the largest transactions, Gold, USDJPY and USDCHF would be the smallest transactions.

RR is usually 1:2.

I USE 3 METHODS DESCRIBED IN POSTS BELOW

Strategy 1: Post 20
Strategy 2: Post 21
Strategy 3: Post 22



More about myself at the next post.