TradeShot Battle Trading...Simple trade with no indicator

 

Hello, i want to give out my strategy that i see and confirm that actually works..and it thus make sense whenever you see it with your eyes.. now lets get started.

Strategy: Whenever there is a bar with volume and it is going in bullish direction then the buyer are wining and seller want to win again but the battle was lost so. you are the backup for the buyer. you enter the war and make the enemies lose the battle...lol you are going to understand this.

look at the chart below

Files:
chart1.gif  26 kb
 

another example hope you understand all just see it as war or battle one of the two

another example hope you understand all just see it as war or battle one of the two

Files:
chart2.gif  24 kb
 

Did you take these 2 trades and if so what was the result?

 
philt:
Did you take these 2 trades and if so what was the result?

yea i took the 2 trades

AUDUSD +217

GBPUSD -30 & +147

 

this is my view on AUDUSD now so we will wait till we see a strong move and a strong struggle

Files:
chart3.gif  19 kb
 

So how are you projecting take profit and stop loss.

 
philt:
So how are you projecting take profit and stop loss.

i use 30 pips for stop loss and use fibo expansion for take profit. you can also use fibo retracement 1.618 for take profit. i hope you understand this.. if you have any other question ask.

 

Very simple system

very easy system. I will try it on demo and come back with the result soon.

Thanks.

 

Yeah thank you johnray for sharing this easy and helpful strategy.

 

Nice Price Action Method JohnRay! Keep winning your battles Bro!

 

Very subjective also...

Hermes

Reason: