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- 31 Results (30 Replies , 1 Comment )
- jpbforex replied Nov 17, 2020
Inside bar forming on GJ 1H, playing a breakout to the upside.
- jpbforex commented Aug 27, 2020
I am very confused at the USD/Gold price action on this. I would have expected the weakening dollar move after the announcement, but why has it now not only retraced but moved in the complete opposite direction? How would this make the dollar ...
- jpbforex replied Aug 25, 2020
Look through the documentation for this strategy, there are at least 10 pages of examples.
- jpbforex replied Aug 24, 2020
Say you have price action that is consolidating between the 35/50 on the high side, and a support on the low side, such as the one shown here. Granted this is late in the day so I know this is not when I would make a trade, but hypothetically ...
- jpbforex replied Aug 13, 2020
Question - regarding the daily pivot point, do you find that this is more of an actual pivot/swing/mid-point for the daily range, or do you use it as an actual support/resistance? I am having a hard time distinguishing this.
- jpbforex replied Aug 11, 2020
What is considered part of the retrace to a particular MA? Is it different when looking at a retrace to the 10 versus the 35/50? I couldn't really find a definition for that in the documents.
- jpbforex replied Aug 11, 2020
I was in a little later than I wanted so I went with a 20 pip SL which was right underneath the 50MA, Weekly pivot and the Daily R1 confluence. I do know the earlier setup was the more favorable one, I have unfortunately been missing a lot of those ...
- jpbforex replied Aug 11, 2020
Would this be considered a 2-bar retrace touch of the 35, or no because there was a retracement that happened just a few bars earlier?
- jpbforex replied Aug 7, 2020
This is awesome, I feel like I just put on a new pair of glasses. I have been searching for an indicator like this. Thank you!
- jpbforex replied Jul 23, 2020
Anybody really seeing anything today? Not trying to force a trade, just wondering if there is one out there I'm not seeing. It looks like a lot of pairs are either sideways or up against daily resistance today and I would worry about a reversal.
- jpbforex replied Jul 19, 2020
NJ has a confluence of MAs on the 4H, 1H, and 15M charts, plus has a bullish pennant on the 4H. Price just broke above all the MAs on all three charts and pulled back, is now sitting on them. I'm in on the 4H chart but I think is a great play on any ...
- jpbforex replied Jul 15, 2020
GU there is a bounce on the 1H single bar touch to the 10EMA which is in confluence with a RN. **UPDATE** Took a 10 pip win. It started turning back after reaching the 10EMA on the 15M (which was above the 35/50 at the time) so I closed it out.
- jpbforex replied Jul 14, 2020
I agree, multiple quality touches along the way down.
- jpbforex replied Jul 14, 2020
Did anyone catch this GU bounce off the 1D 50EMA for 40+? I missed it , but kudos to you if you did!
- jpbforex replied Jul 14, 2020
Then you haven't read through even one page of the documentation provided. Start there.
- jpbforex replied Jul 7, 2020
I only say "taking a shot" because I normally only use the 1H TF, but I believe I found a solid opportunity using the 4H while still adhering to the rules of the system (2 bar retrace to the 35/50, in confluence with a RN). The TF is what is new to ...
- jpbforex replied Jul 7, 2020
Taking a shot at a 35/50 bounce on the EU 4H. I like the general trend of dollar weakness over the last week, and though I'm in slightly late, I can simply reduce size a little and push my SL to 30 pips. Let me know your thoughts.
- jpbforex replied Jun 26, 2020
I do not have any commission, and I do not get charged a swap either. Not that I carry over a trade a whole lot, but it is helpful at times for longer TF trades.
- jpbforex replied Jun 26, 2020
I know, but being in the US with a small account I'm limited on broker choices if I want decent leverage. I've been able to make it work pretty well.
- jpbforex replied Jun 26, 2020
Just entered on a touch of the 35/50 MA on the EJ 1H, let's see how it goes. **UPDATE** Closed out at 13 pips. Saw it rejecting at the RN and with it being a previous support on this TF I took the win.