I am currently applying Bob Volman’s price action strategy to the D1 charts, and very much enjoying it. I made an effort to start a discussion about it here, but there did not seem to be much enthusiasm for the topic. This not terribly surprising, as Volman is writing for traders that are already profitable with other systems, and they (by definition) already have systems that they like. So the audience for a thread likely that is limited.
Nor would I direct new traders to Volman, or price action trading in general. Mark Douglas talks about the three stages of a trader’s development: the mechanical stage, the subjective stage, and the intuitive stage. Because price action trading is inherently subjective, it fits easily into the second and third stages, but rather uncomfortably into the first stage. A simple indicator based strategy does a much better job of getting a new trader through the mechanical stage, and you can find my thread about the strategy I used here.
While I am happy to pass on this information, I will point out what every profitable trader points out: your results, even with an identical system, will not be the same as my results. This is what makes passing on winning strategies so difficult, and why successful traders generally have very little interest in other people’s strategies. I think the best explanation as for why this is was by Al Brooks, when he talks about the Trader’s Equation.