Thanks Et, I like your charts, they're really clean. Are you waiting for a bearish engulfing on h4 as confirmation to go short? Have you taken any trades these 2 days based on this system? Most nzd pairs look like a short opportunity today

Thanks Oddbj, just taking note of the SL for this trade, it's 150pips. But trust in the system, sometimes it works sometimes it fails. All the best after the upcoming EUR news.

Would this be correct entry and SL positions? If yes, now the position would be in small loss.

Oddbj, can you share how you plan to trade eurcad? Looks like we shouldve entered shirt after the close of yesterday's candle

Agreed, it's only slightly less than flat. Perhaps not a clean signal. Would you be comfortable showing a detailed trade entry with SL, TP and entry when you find a good trade Oddbj?

I've since deleted them but will be posting here again. For now, nzdcad is a short. Let's see.

How profitable has everyone been with this strategy? Find that there are many false signals if we follow the rules exactly..

Thanks Paul! Let's keep discussions going @paul72, may I ask that you change the group from a Channel to a Group instead so that others may contribute as well? As of now, we are not able to type anything.

hey guys, only setup i see today, AUDCAD long. Other XXXAUD pairs seem to have setups as well but the MA is flat if you exclude today's newly formed candle, such as EURAUD. Anyone keen on creating a telegram group to discuss setups?

Do you guys watch out for news or just trade based on technicals? E.g. there will be a fed funds rate decision tonight , anyone closing off their USD pairs ?

EURCHF looks good, but that's a big candle to put your SL behind.. USDJPY, Gold, EURGBP for tomorrow onwards

JPY pairs sold across the board, if you caught ej or cj good on you!

Thanks for the link Oddbjorg, I will take a look.

Thanks Oddbj, you probably are one of the most experienced traders using this simple method and I'm glad it's been working for you. If i followed the system blindly, I would have taken many losing trades so there's an element of practice and ...

CADJPY and EURJPY shorts for today

These were both big winners, AUD fell hard this morning. under this system, if we took entries on yesterday's candle close we would be all sitting in profits! My question is, how do you filter out when to take a trade? E.g. for EURAUD, there have ...

about 40 pips in the red. waiting for another close below the low might have been a safer way to play it.

hi guys, valid setup?

Hi Oddbjorg, we should've entered before yesterday's candle am I right? It is to late to enter now?

Thanks Mzansi, I imagine it is. Haven't had much luck with the winning trades but I'll need to give it more time.