Here we have a nice Master Candle set up with the RSI trying to peek out, we had slight divergence earlier and the H1 had a Pinbar right on a S/R line. The M5 Cec and the Triple Stoch coming down through its gray zone really seals the deal here. Exit was at the CeC against the trade for a small-medium win.

1. Did not enter on this CeC (Candle eats Candle) but instead waited for the break of these multiple MC’s (Master Candle’s) on the M3 and M5. It clearly needed to break that imaginary line to go anywhere. It also was setting up a breakout and I was expecting a good move. It was a bit slow and boring but I grabbed my pips and called it a day

1b. Exited here afer putting my SL a few pips below that puny IB (Inside Bar) that we had

1. Obvious downtrend on the M5 and M8 bouncing off their 21SMA’s the whole way. This is a very clear cut trade so I won’t say much but once the triple stoch was back in its gray area and price was at a reasonable place to turn (based on the M8 trendline) I waited for some price action signals. We had a nice CeC (Candle eats Candle) on all 4 timeframes for this one

1b. Usual exit upon reverse CeC

2. Triple Stoch was back in the gray but this was still a counter trend trade and I played this one with caution. 3 timeframes gave us a CeC so I gave it a shot

2b. Y’s low was good enough for me at this point based on what I was seeing

Firstly I did not take this trade due to my focus being on the EJ. I did not even have my second MT4 open at that point due to the EJ moving the way I like and I always give preference to the EJ. This is a trade I would have taken though had the EJ not been moving properly and so it is worth posting and commenting on.

1. This would be my entry point, M3 had already given you an entry point (you could have taken that) and the triple stoch was crossing through its gray zone. We had broken the M5 and M8 trendlines and the breakout was seting up perfectly exactly as the London session and higher volumes had begun. Higher lows on all timeframes can be seen but I would have been watching very closely how it reacted at the breakout line. We has already had 3 hits on this line so if the reaction was bad there I would definately abandon ship.

2. The reaction at this set of 2 pivot lines would have been my exit signal. This trade did go a little further but I would not have waited to see.

 *All of my trade posts will be using the ED3 setup only from now on

This is a somewhat experimental combination of the ED1 and ED2 templates along with the 13 period RSI from an old M1 strategy of mine. I decided after some live chat this week that I wanted to bring divergence back into my trading for those times where waiting for lower or higher lows and highs will make you miss the trade. Today happens to have provided me with a trade to help explain it visually for you.

1. Obvious RSI divergence shows the dying of momentum to this upward movement which was also just a news reaction anyway. It had gone far enough from the 200SMA to back up a need for it to return and then we have a candle eats candle setup occur. You can see that I did not take the first candle eats candle setup because I wanted to see how it acted at the pivot line. After a weak bounce off the line the second candle eats candle was good enough for me. Note that the Triple Stoch from ED1 was also crossing 60.

1b. A more powerful bounce off of this pivot created a long spike hammer style candle and so I exited and took my profit.

2.  This second trade for me was a wave 5 style trade and was a nice candle eats candle at the 21sma.

2b. I exited at the line for no real reason to be honest, I just wanted profit and felt like it. I called this trade and its exit in real time in todays chat.

This mornings London session trade for me was on the GBP/USD M3 chart. The M2 did not signal an entry here but the M3 did, this is a nice example of why it is worth learning what has to be said in the 2nd more advanced e-book.

We had a very slightly higher low and very slightly higher high, as soon as the bulls over powered the bears at the 21SMA I jumped in. The 200SMA was in the way and we were below it so my SL went to +1 as soon as the trade was +20, I then moved it to +10 when price bounced off the 200SMA. After that doji formed at the 200SMA my SL went just below it. The breakout then triggerd which is always nice.

I have had to close this trade at +50 to secure my session target due to personal matters I must go and attend.

Self explanatory this image, I was not happy with the volumes dropping though so I put my SL to+1 quite quickly and then to +10 pretty soon after that. I then applied a 25pip Trailing and let it run its course. It came back down and I only banked 10pips

First off I will only be discussing the advanced template from here on out. There is plenty of information within the main menu that contains examples of the simple Edition 1 system.

1. This trade bounced exactly off of the 200SMA, it was a small shooting star, not the best but I liked the very samll stop loss, lower highs and lows had been made.

2. Here I tried to add to my already winning position, stoploss for both trades were then the same, this trade ended up as a small loss but the original trade erased that for me.

3. This trade had showed me that price wanted to continue down, I waited to get through the pivot line, very nice trade that I managed to keep until my daily target was met.