Aloha everyone. I know quite alot of people have viewed my daily trading journal ove the last few months, and we have builtup a few regulars members for the little community there. There is alot of really great helpful content amongst the many hundreds of pages, however its sandwhiched and hidden amongst many many pages or name calling and bitchfighting and stuff! So ive decided to create this thread as a sub-thread, where i will 1st post a simple easy to use 'low risk~high reward~high probability stratergy', and then will post some of the best helpful content from the other thread that gives alot of tips that will help newbie traders. _______________________ Spanish89 trading stratergy: _______________________ The method is called ''Drop-Lock-Engage'', and it works in both range-bound markets, and in markets that are trending. 1. You DROP your head down at all times to look at the chart. (So no looking out the window or at fit girls) lol 2. When you see the market is spiking up very steeply and far 1direction you LOCK your eyes onto that line and follow it up with your eyes as it keeps going up. (Once you have locked-onto it then the market is in great danger and is trapped by you, since you now have it in your sight and are just waiting till its at its weakest before you attack it). 3. When you see the market form that 1-2-3 formation that means that its over stretched itself too much, and this means that the market is now at its weakest point. (Ive attached a screenshot of the 1-2-3 formation, it means the head n shoulders chart pattern) And when you see that number 3 popup spike form you then ENGAGE the market by attacking it with your trade. *Technicalities- You put your stoploss just above the 'number 2 middle spike'. (Often this will be the current high of the day so will have alot of stoplosses there that would cause a big breakout of they get taken out). And your target should be between 35ticks t 200ticks each trade. (Its basically a case of how tight a stoploss you want to use to trail it, and how many support levels your willing to hold it through and hope it breaks through before you want to just cash it in). Ive attached some screenshots to make it clear on how to spot a head n shoulders, and what sort of formation/movement you should watch for as a guide on when to cash in the trade. (They are of a whole range of different timeframes, as you have to use all timeframes when trading, and both on rangebound days and trend move market days). *The red circles are the times where to sell, purples where you hold till, and the green lines are where you have your stoploss set at.