Remember what H. Rearden said: "Now, 2 patterns of market behaviour happen on a regular basis: 1) the price breaks to new high's (or low's) 2) the price reverses from new high's (or low's)" If price is NOT making a new low then it must be reversing from the low. 1) price within 20 pips of the daily low - that is OPPORTUNITY 2) red candle closes 3) green candle closes - note the high price of the green candle. 4) enter long at the green candle's high price 5) STOP LOSS IS 10 PIPS 6) Take whatever profit you can. "The technique is so simple that just several lessons (or a few pages of explanations) cover it all. Now what? Now the student has to practice, practice and practice again to understand what he had been taught. The teacher DOES know much more than the student, but his understanding can't be "passed", "transferred" or taught in any way -- not even by reading books." That's the method I use.
You've promoted yourself in a public forum so I've replied in a public forum to let people know what you are, a liar and a thief. As you're unable to refute the points I made it would suggest they're true. 'nuff said Carry on.....
cabletrader: All you have done is called me names. You have no proof that I have lied. You have no proof that I have stolen anything. Once again, your post is OFF-TOPIC. "An ad hominem attack against an intellectual, not against an idea, is highly flattering. It indicates that the person does not have anything intelligent to say about your message." You have seen how profitable the method I have posted is and can not refute that so you have set out to attack me personally to distract others' attention. You offer no step-by-step method for others to use. Face it, cabletrader, you are not the Wizard of Oz.
Do you deny you offer your indicators in exchange for a minimum 'donation' of $50? Do you deny the reasons I've given for why you do it that way? Do you deny you are an IB? Do you deny you've been banned from numerous trading forums for promoting your wares? Why do you have a website link in your profile?
You can see each time the EURUSD made a new daily low or got within 20 pips of it, price reversed and gave traders an opportunity to book profit.
Right, obviously it's too uncomfortable for you to discuss these issues in public. It's ok Avery I've made my point and your lack of denial or response speaks volumes, I think you've been exposed for what you are, job done, that's all I wanted to do! You can carry on now....
There are no issues to discuss nor have you proved anything other than your ability to go on OFF TOPIC rants. This topic is "EUR/USD & GBP/USD & AUD/USD Forex Trading". Do you have anything constructive to offer on this topic?