Forex Easy Stress-Free EOD Trading

This may have been written about before, and there is not much new here. This is to keep ME honest and track my performance. I will add a trade explorer once I figured out how to :blush:

For the like-minded traders, if you want to join me, be my guest But Please DO NOT CHANGE THE RULES

Goal: Stress-free (if there is such a thing) trading and making 6%+ per month (compounded will be 100% per year)

Am I new? Yes to Forex Factory, but not to trading.

Trading Method
===========
Time Frame: Daily
Candle Pattern: Pinbar (Hammer) and Englufing (Bearish and Bullish)
Rationale: Once the Pattern has been recognised, we zoom out and find a technical reason why such pattern happened. I look for Support/Demand or Resistance/Supply level as my main reasons, sometimes I use trend lines and channels. I know some people use Fib replacements and ratios, but I professionally do not believe in them.
Continuation: If we have both of the above satisfied, we look a few pips below the low of the pattern or few pips above the pattern.
The Trade : We enter a buy with SL just below the pattern. We enter a Sell with SL just above the pattern. TP1 = SL and moving SL to BE. TP2 is dynamic where we keep moving the SL to just above the high (or just below) the previous daily candle.

Simple? Yes Stress-Free? Yes Profitable? We shall see

Here are some trades I am in currently. I can give you a million examples form history, but I think you can go back and look those up yourself. I don't want to cherry pick trades and that is why I am not doing that. I am only going to show current setups.

Attached Thumbnails
Attached Images (click to enlarge)


Source.