kraven Posted February 4, 2012 Report Share Posted February 4, 2012 I post this trading system i've been using for a while now with good results. I put it on FF simply because it's much easier to post pic's etc.. http://www.forexfactory.com/showthread.php?t=340503 It's a simple system, works on price action reversals. i like it on the daily and 1hr TF as it's fairly stress free with the potential for good R:R. Basicaly i posted it for people who are not getting very far with there current systems, try it and give it all your attention for 2 weeks and see how you go. Enjoy propro, PSmith41, daveg1 and 26 others 29 Quote Link to comment Share on other sites More sharing options...
ForexRules Posted February 4, 2012 Report Share Posted February 4, 2012 Once again, another great share by Kraven. Thanks! alansim 1 Quote Link to comment Share on other sites More sharing options...
temon Posted February 6, 2012 Report Share Posted February 6, 2012 i'll follow your tread K.. Quote Link to comment Share on other sites More sharing options...
kraven Posted February 6, 2012 Author Report Share Posted February 6, 2012 no probs temon, i see you. Quote Link to comment Share on other sites More sharing options...
PSmith41 Posted February 6, 2012 Report Share Posted February 6, 2012 Signed up...different name...but i'm there :) Thanks. Quote Link to comment Share on other sites More sharing options...
FORME Posted February 7, 2012 Report Share Posted February 7, 2012 page 9 for now. but its great to read...... Quote Link to comment Share on other sites More sharing options...
dukeaugustus Posted February 10, 2012 Report Share Posted February 10, 2012 Nice share kraven. After reading your thread, I have found myself looking out for "kraven's reversal candle" even at my M5 and M15 charts as part of my other trading methods. Surprisingly your "reversal candle" has very good accuracy even at such lower time frame. Thanks. Quote Link to comment Share on other sites More sharing options...
kraven Posted February 11, 2012 Author Report Share Posted February 11, 2012 Glad you like it duke, had a few good entries today with it. there's no real reason it won't work on any TF, i've seen some great trades on the 15m using it. for the sake of the thread and my preferences i just stick with 1hr and daily. Quote Link to comment Share on other sites More sharing options...
Roels Major Posted February 12, 2012 Report Share Posted February 12, 2012 Who has this book : Trading Price Action Reversals: Technical Analysis of Price Charts Bar by Bar for the Serious Trader Al-Brooks MD May be Good for reference A detailed guide to profiting from trend reversals using the technical analysis of price action The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that. By simplifying his trading system and trading only 5-minute price charts he's found a way to capture profits regardless of market direction or economic climate. His first book, Reading Price Charts Bar by Bar, offered an informative examination of his system, but it didn't allow him to get into the real nuts and bolts of the approach. Now, with this new series of books, Brooks takes you step by step through the entire process. By breaking down his trading system into its simplest pieces: institutional piggybacking or trend trading, trading ranges, and transitions or reversals (the focus of this book), this three book series offers access to Brooks' successful methodology. Trading Price Action Reversals reveals the various types of reversals found in today's markets and then takes the time to discuss the specific characteristics of these reversals, so that you can use them in your everyday trading endeavors. While price action analysis works on all time frames, there are different techniques that you can use in trading intraday, daily, weekly and monthly charts. This, among many other issues, is also addressed throughout these pages. Offers insights on how to handle volatility and sharp reversals Covers the concept of using options when trading certain charts Examines how to deal with the emotions that come along with trading Other books in the series include Trading Price Action Trends and Trading Price Action Trading Ranges If you're looking to make the most of your time in today's markets the trading insights found in Trading Price Action Reversals will help you achieve this goal. Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
PSmith41 Posted February 12, 2012 Report Share Posted February 12, 2012 (edited) Here you go...plus 2 others that may help..Enjoy :) (requested..Al-Brooks) http://www.4shared.com/office/JtlFycqv/Reading_Price_Bar.html (may help) http://www.4shared.com/office/73kehrjb/7_Turnpoints.html (may also help) http://www.4shared.com/office/GZWTIUZx/Financial_Turning_Point.html Regards, Paul..(liam4x on FF) Edited February 12, 2012 by PSmith41 freddy, Roels Major, newbie111 and 4 others 7 Quote Link to comment Share on other sites More sharing options...
freddy Posted February 13, 2012 Report Share Posted February 13, 2012 I think you can find additional information regarding this. Here: http://www.worldwide-invest.org/threads/6293-Al-Brooks-Reading-Price-Charts-Bar-By-Bar?p=49280&viewfull=1#post49280 kraven and newbie111 2 Quote Link to comment Share on other sites More sharing options...
kraven Posted February 13, 2012 Author Report Share Posted February 13, 2012 thanks freddy, much prefer vids to books. hows your trading going these days, using any particular system? Quote Link to comment Share on other sites More sharing options...
chandu1713006579 Posted February 13, 2012 Report Share Posted February 13, 2012 (requested..Al-Brooks) http://www.4shared.com/office/JtlFycqv/Reading_Price_Bar.html please re upload to mediafire.thanks Quote Link to comment Share on other sites More sharing options...
Roels Major Posted February 13, 2012 Report Share Posted February 13, 2012 Thanks for share but this is a new book: See the Title Trading Price Action Reversals: Technical Analysis of Price Charts Bar by Bar for the Serious Trader http://as.wiley.com/WileyCDA/WileyTitle/productCd-1118066618.html Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
Yoda Posted February 13, 2012 Report Share Posted February 13, 2012 Four home runs today so far today kraven. I think I just may like this. It's so frikken easy to do too. I post this trading system i've been using for a while now with good results. I put it on FF simply because it's much easier to post pic's etc.. http://www.forexfactory.com/showthread.php?t=340503 It's a simple system, works on price action reversals. i like it on the daily and 1hr TF as it's fairly stress free with the potential for good R:R. Basicaly i posted it for people who are not getting very far with there current systems, try it and give it all your attention for 2 weeks and see how you go. Enjoy Quote Link to comment Share on other sites More sharing options...
hermanhess Posted February 13, 2012 Report Share Posted February 13, 2012 thx great stuff from you kraven ...... as usual :) Quote Link to comment Share on other sites More sharing options...
kraven Posted February 14, 2012 Author Report Share Posted February 14, 2012 glad you chaps like it and made some pips. i wasn't around much today, entered one which i felt wasn't gonna do to well so just took 10pips. missed the EJ that was the best, could have took the entire move today if entered. still short GU daily though. Quote Link to comment Share on other sites More sharing options...
kraven Posted February 15, 2012 Author Report Share Posted February 15, 2012 if you have now got the hang of the principles try applying to the 15min TF, keep sl above the breakout candle when trading against trend and above Kravens Reversal Candle with trend...getting good results. Gambler67 1 Quote Link to comment Share on other sites More sharing options...
PSmith41 Posted February 15, 2012 Report Share Posted February 15, 2012 Been trading E/U.. G/U.. A/U.. E/J. on 15m charts with good results so far. Thank's Kraven. Paul. Quote Link to comment Share on other sites More sharing options...
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