My fundamental principle for all setups begins with a retracement of an identifiable price channel. The price channel can be shallow or steep. I have a strict 50% minimum retracement in my personal trading and that is what my signal are setup from. My target retracement is 50% to 127% retracement. Off that channel the entry is entirely personal to each trader. You can look for engulging bars on a lower timeframe or look for divergence in price and your prefered indicator. My personal preference is an extention outside of the counter-price channel on a lower timeframe and break back into that channel. The exit is a minimum of the opposite outer bound channel support or resistance.

I provide retracement signals on a number of instruments on specific higher timeframe for free here on my website. For a nomimal fee you can receive text or email notifications on your desired instruments. The fee is only to cover the cost for me to provide this as it cost me to send texts/emails. This signal is the starting point only. It provides you with when to look. Not when to trade. I have found that a huge limitation to my trading and resulting struggles has been what to look at and when. With all the vast number of instruments in the trading universe it becomes so overwhelming. The start for me is to define what to look at based on my fundamental principle. This allows me to narrow my focus and not be all over the place and getting exhaustion, etc.

If I get enough traction here and critical mass I intend to offer a paid signal that is more tuned to my trading strategy. That is off down the horizon but its on my radar. Again those signals, at fist will be deeply discounted for those already signed up. It will essentially be for cost to cover the cost of my technology. You will have the opportunity to see if they allign with your expectations and own personal trading strategy. If you like them then as founding members, you can keep them for as long as you wish for again only the cost of my technology. Prices not yet set. If I gain enough momentum then there will be other great opportunities for you down the road as I launch a paid site.

For me it was wasting my time looking for the right time to trade. That is why I developed this for me. I am not searching anymore. Can I find this same thing on other well known sites. Of course and probably so. You probably know of many that will give exactly what I am offering and may at no cost at all. That is fine. I'm just offering you a chance to follow me and be able to talk to me as you go through your journey and have a real relationship that will help you along the way. Thats it.

One of the hardest things for me to do is trust the structure. Not to overanalyze the next forming channel and think that it will negate the channel i'm workin in currently. This is kind of where the below info on mechanical verbiage comes into play.

I'll admit that this is an unproven method in terms of having it verfied on sites like MyFXBook and such. But has worked for me and this has been a dream of mine and its kind of grass roots. Come join me on the journey or don't. It won't cost you anything other than a little thought and little time. You have everything to gain in terms of enlightment and another tools for your trading tool kit.

I have spent a lifetime looking for a mechanical method to trading. I have written hundreds (maybe thousands) of scripts to test and back-test hundreds of mechanical trading methods. While many of these methods do work for specific periods of time the conclusion I have finally settled on is that they only work for specific periods of time. Over the long-run and with regards to the law of numbers, a mechanical method using prescribed profit targets and stop losses always average out and break even. I believe it is possible to use market fundamentals to gain an edge by altering parameters of mechanical methods when needed, however, for my personal trading style I will would never be able to be so patient to keep up with fundamentals and let the mechanicals play out proving my period parameters as being correct or incorrect. Frankly the time exhuastion of letting them play out and getting in on the wrong side is so very defeating.

Is there a place for mechanical trading methods? The answer is an resounding YES! But you just said they average out over the long-run and you don't want to monitor fundamentals and there can be lots of intra-period volatility that will render all fundamentals useless. Why then mecanicals?

The answer, for me, is to get you into the trade in the first place. It is up to you to then manage that trade. Look for early exits or longer exits. This is the only way to gain the edge. It keeps me active and my attention which so many traders like. And it prevents me from the analysis paralysis which leads to not taking the trade in the first place. The mechanicals provide a framework to work within. They set the intial rules of engagement but there are so many ways to exit to gain the edge. If you let them take profit and stop out at prescribed levels you will break even and be deemed a mediocre trader. Heck with the cost of trading you likely will ultimately lose and be deemed a loser.