Trend is your stupidly simple friend

It’s so stupidly simple that it shouldn’t be said yet I don’t see this talked about enough here.

THE TREND IS YOUR FRIEND. Don’t flight the flow!

You NEED to be following a trend. That’s the most proven profitable way to make money IF you are using pure price action to trade

And secondly, you NEED to use multi timeframe trend analysis.

Step 1) Identify trend on a higher timeframe (I use H4)

Step 2) Identify a zone on the lower timeframe BUT make sure you waited till the HTF provided a pullback. (We buy cheap and sell at premium in any business)

Step 3) Wait for a retracement candle to place an entry at that zone BUT do so only during high volume times. If you are in the US that’s first few hours of market open. If you like to wake up early then 3-5am. And for certain Asian pairs you can do 8-10pm. Go look at any chart and see where the quickest moves happen and you’ll know what I’m talking about.

Step 4) Ride the continuation wave of the HTF trend or get stopped out. It’s a binary outcome. The edge is you trade in line with a higher momentum.

Plain and simple all you are doing is riding a wave. Your entry is where you think the short term trend is ending and reversing in the direction of the higher timeframe.

You will lose some and win some but law of large numbers will make your edge win out. It’s just hard to do cuz most can’t accept the losses. Back testing and seeing this play out will help.

The KEY here is that when you follow a trend and use multiple timeframes, your winners will exceed your loosera by a lot. You can easily get 3:1RR and you don’t even need to win most of the time.