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- BandwagonTra replied Jan 13, 2019
TLDR: Yes it is important to look at, but it is just noise. Trade the chart you have in front of you, but don't forget to think about context / the bigger picture I also use ichimoku and trade on the H4 chart. Other time frames are very useful in ...
- BandwagonTra replied Dec 8, 2016
Had a hard few days. I've been trying to enter on the right set ups, but i think the news lately has been upping the volatility on the H1 and made it harder to trade and pick a good trend. GBPUSD image USDJPY #1 image USDJPY #2 image
- BandwagonTra replied Dec 1, 2016
There was some great movement in the AUD overnight. Did anyone manage to get in? Managed to get about half of the spike in the GBPUSD last night. 4 trades overall. EURNZD and NZDCHF look like they still have a bit to go before they're done GBPUSD ...
- BandwagonTra replied Dec 1, 2016
NZDCHF and EURNZD are looking good right now on H1
- BandwagonTra replied Dec 1, 2016
The trades from this morning. CADJPY image CHFJPY image Currently in a long on GBPUSD image
- BandwagonTra replied Nov 30, 2016
I was long chfjpy and cadjpy. I got about 100 pips each. I'll show the charts soon. I was also in audjpy but I got stopped out by the volatility
- BandwagonTra replied Nov 29, 2016
Nice trades. Wasn't covering NZDJPY. GBPJPY move looks great on the smaller time frames, but would have been way too late to the party using the H1 timeframe.
- BandwagonTra replied Nov 28, 2016
I've lost a few pips trying to get back into a yen pair. I've been a bit undisciplined in my entry points so thats hurt me a bit but I still see some strength in the yen, especially EURJPY. I work full time so I probably wouldn't have time to be on ...
- BandwagonTra replied Nov 28, 2016
Posting the trades I was in yesterday. Ez - looks like you and I both got out at the right time. These started out well, but they've turned out quite messy. Calebfx - I agree that this thread should not stray too far from the strategy that RP uses, ...
- BandwagonTra replied Nov 27, 2016
I am in those same pairs now, as well as udschf. Running at +50 pips on each. Very tempted to cut and run now but I might leave it for a bit and wait until I see some weakness or it crosses back over the Kijun Edit: actually, took them and ran. +150 ...
- BandwagonTra replied Nov 27, 2016
Kudos for reinventing yourself and thanks for sharing the wisdom. That kind of success is what we all work for. Would love to be able to get there one day
- BandwagonTra replied Nov 26, 2016
The arrows aren't part of the template. I just put these in to illustrate where I entered and exited a trade. I find the template clean and easy to read, though and you can find it here: url
- BandwagonTra replied Nov 26, 2016
I'm still working out what kind of Stoploss I'm comfortable with. At the moment I try and put it just below the Kijun which usually means it's a potential 20-30 pip loss at entry. I then usually let my stop loss follow the kijun unless the trade ...
- BandwagonTra replied Nov 25, 2016
2 more trades yesterday. The AUDUSD trade was more in the spirit of rockypoint's system (I think), but I got out early because I didn't want leave it open overnight going into a weekend. The USDCAD trade entry was a bit more aggressive but I saw an ...
- BandwagonTra replied Nov 23, 2016
Yeah - using H1, rather than range bars. Range bars seem quite useful, but not sure how to get that on MT4, and I think I'm seeing the same sort of action on H1 candles anyway, so just learning to read the price action for now
- BandwagonTra replied Nov 23, 2016
My attempt. My trading balance has been quite up and down, so I got a bit impatient and decided to take the profits (they are still decent sized compared to my average losses) image
- BandwagonTra replied Dec 13, 2015
I know that I don't speak for everyone, so if that's how you view forex and it helps you get into a good frame of mind to be profitable, then please continue by all means. When you buy the same instrument, one of the risks is that you always have to ...
- BandwagonTra replied Dec 12, 2015
I would have to disagree with this. Hedging your bets in this way can be very difficult to manage, and doesn't help you create an overall strategy for long term profitability. The focus should be on risk management, but hedging movement by betting ...
- BandwagonTra replied Dec 10, 2015
As would I. My current system is based around ichimoku and Its working great for me. As with anything though make sure you consider ichimoku signals in context, whether they is through fundamental analysis or a range of complementary indicators.
- BandwagonTra replied Dec 10, 2015
Finding out about Ichimoku was probably one of the best things that could have happened for me forex wise. Ichimoku makes it much easier to find which way the market is trending. Only drawback is sometimes it can be hard to pick how strong the ...