This is my trading strategy that I've developed during the years. It is based on the pure price action principles and the idea is to follow the big money. Trying to guess where the price will be after 1 hour or 2 days is not trading. The name of the strategy is similar to the Joe Ross'TTE, because both strategies are similar. We are trying to enter the market before most of the other traders. The difference is that I tray to buy or sell even earlier.
The STE set up:
The first part of the position is closed for 5-6 pips profit, which is equal to the size of the initial stop. The second part is closed around the last extreme of the trend. For the last part I move the stop with the market.
For more detailed explanation and real trading examples you can read this book: http://www.amazon.com/Price-Action-Strategy-System-Simple-Trick-Entry-Money-Making-ebook/dp/B00GY71CDC/ref=sr_1_1?ie=UTF8&qid=1409833428&sr=8-1&keywords=svetlin+minev