一个人不只是简单地低买高卖 (One does not simply buy low and sell hig)

Are you looking for a system that:

1. Requires NO indicators

2. Can be traded on any time frame

3. Has pre-defined entry/stop prices

4. High risk/reward ratio

5. Easily defined profit targets

The best trading systems are the ones most simple to understand (PA only), are based on sound principals and have attractive R/R ratios.

I'm going to show you a very very simple method that is based on the "buy low, sell high" & "short high, cover low" concept using a 50% and 70% retracement levels and measured moves for profit targets. This system is NOT Fibonacci.

I've spent 8+ long years trading. I took about a year away from the markets to finish school and now I'm back to make my latest attempt at becoming consistently profitable.

In those 8 years, I've spent most my time trying to trade breakouts, and trade Fibonacci. I struggled hard with each one - for a very long time!.

Breakouts are hard to trade because most of them fail. Fibs are a pain in the ass because if you trade fibs like all the books and youtube videos suggest, you have three different levels that price may potentially bounce at. Fibs look great in hindsight tho! lol.

I created a method using the fib tool, but I took away all the levels except for the 50% and I added a 70% (which is technically not a fib level)

I welcome everyone to give this a try and help me back-test it with your support. If you have questions, please ask. I'll be paper trading this until I am profitable

for 5 months straight.

If this is you when trading -->

http://i41.tinypic.com/2ns05xj.jpg

then keep watching as I show you how easy money is made!

Lets get started.

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UPDATE JUNE 5TH / 2015

I will be reducing or possibly eliminating my usage of the 50% price level, and instead focusing my attention to Support/ Resistance zones aka Supply/ Demand areas aka "VSA" (volume spread analysis) aka "VPA" (volume price analysis), along with trend lines, median lines (see "Andrews Pitchfork (Median Line)" ), channels, and other common price formations like triangles and wedges etc to form an educated guess on market direction.

I also haven't traded range bars in quite a while. I think I'll stick to my time-based candlesticks. I look primarily at the 30min/4hr/daily/weekly/ monthly charts.

I am by no means an authority on trading (YET!). here are some of the other threads I have found on the subject. Unfortunately, many of the OP's have vanished off their own threads, leaving those like myself stranded to make sense of the scraps:

PIE Chat Room... rebooted by Winston Reed

Low Volume Candles by abokwaik

Price is everything by Redsword11 (OP long gone)

B.S. Trading with Kenneth Lee (not active)

VSA with Clifton (OP long gone after just 21 pages)

JoeNY's Price Action Thoughts (Dead after 8 pages)

Like most people, I have no problem identifying key swing areas. I have no problem with RR, or placing stops. In fact my win ratio is 45%!!!.

Where I struggle is where and how these zones are placed, as there seems to be a logic to it, that I don't yet understand.

For now my zones are based off nothing more than intuition.