GraHal that is some great trading!

I have to ask but, how would arrays help you possibly automate what you’re doing?

Are you trading breaks and retests of what you think are key levels?

Well done GraHal !

I’m trying to find basic manual strategies just to learn market behaviours and for learning purpose (ie how to use and read the chart. different settings in Prorealtime and such…).
Could you maby tell more about your short TF strategy and setup? The Fib- and Trend lines , how do you plot them if not from an indicator?  For Price Action, do you prefer one or more patterns?

Any other input regarding manual trading is much welcome…from anybody 🙂

I also want to thank you GraHal for always being positive, it is always nice to read your comments.

Thanks a bunch @Grahal !

I had the PRT Trend Lines disabled after I tested different indicators, so I kinda forgot about them. Thanks for that very useful tip !
I will definitly start to use them more 🙂

I know how to draw manual Trend Lines with the “Draw Line” tool, but the alert function was something new for me! I did find the alert symbol and I belive I know how it works…nice tip again 🙂

Are you also using the “Fibonacci Retracement tool” or some of the nifty indicators found on this forum?

Well, if you happen to release a book in the future please let me know 😉 …in the meantime, I am very happy for your tips!

I used to use just support/resistance lines on charts (witch can be very profitable) but after doing that a while (a number of years), you get to unconsciously watch the movements the actual price is making as it approaches these lines and after a time you will come to the conclusion that the market does this movement all day long and you can take the support and resistance lines away and just watch pure price action and make profitable trades from that on the smaller time frames. Nothing compares to the actual price, everything else is secondary so does it not make sense to forget everything else apart from price?

To me, and its just an opinion, my opinion, everything else is distraction, something to divert your attention and mine away from what you should be  looking at. Hope this makes sense to people as I know most will struggle becoming consistently profitable in there trading adventures and some will lose more than they bargained for when they set out on there adventure trading just as I have.

Trading is easy when you take the smoke and mirrors away and lose those stubborn fixed opinions on market direction. Its ok to form an opinion while you trade by the second based on your observation of price at that time with your finger hovering on the mouse ready to click your deal on but to form an opinion (belief) then make all your decisions based on that belief when clearly the market has other ideas as things change so quickly I personally think is crazy. People will do ‘anything’ to prove a belief is right, even lose there complete trading capital on 1 trade (been there). So its ok to have an opinion on the spot but don’t strengthen that opinion and turn it into a belief or you will empty your account soon enough.

These are just my thoughts and no doubt everyone has there own, based on there own observations, no doubt there are some experienced and clever people in this forum who will see my thoughts clear. Just hope the message gets to at least 1 person who benefits from my experience.