Higher low, lower high system

G/J:

Very nice.

Its financial year end here so trading takes a back seat for a week or two. Two down three companies to go.

Wow Good luck with that! I imagine there is a lot of work to do...

E/U idea:

E/U updated:

Could have gotten in earlier but waited for Y's low to clear. Fell so strongly couldn't move my TP quick enough but obviously happy with +62.

Nice trade! I missed it but got G/J (half out, second half still waiting to round number..):

NICE,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

GB : +16

Nice.

Interesting I see the 3 bar reversal with stoch 12 12 1 signaled 1 candle earlier than the 9 9 1 that I am currently using. If only I can remember why I changed???

@ Vantage

I downloaded TPL in your first post.

MMM will try it..inspireation.. maby from above??????????????

Got +12 from the earlier sell at 12214, missed the move up but +40 from a sell at 12240 when the move above 12250 stalled for about 40 mins.

caught it going down for 20 and back up for 15..THKS722

hey vantage, dan!

been a while...

i see the DAX is in vogue here...
and, you are running a different set of colours...

Hi pgd
Yes at the moment (when not on cryptos) trading only gu/gj and dax at the moment.

Yes, I've found GJ quite rewarding...
Never grasped cryptos.
where do u trade them?

Cryptos is the future. Like computers or the internet. But like anything there are scams, bs artists and those projects that just won't work. Effectively cryptos give you and me the chance to replace VC firms with the risk and reward that entails. If you are hodling (haha intentional mistake) then be prepared for the major ups and downs that go with it.

Here is my binance link https://www.binance.com/?ref=13357009 and as with everything do your own research but there is some help, Altcoin Buzz, Cryptosrus, Crypto Sniper amongst others on youtube. Coinmarketcap.com is a good source.

Fave projects EOS, EOS and EOS. Also hold BTC, BCH, ETH, LTC, IOTA, XMR, TBAR (will do some good things I am sure), ADA, plus 10 or so others. Not investment advice but you owe it to yourself to have a good hard look. Don't invest more than you are prepared to loose (I should listen to my own advice on that one) and as always do your own research.

I am almost 300% up in a few months of relatively passive trading in a down market, whilst I was never the one to be looking to get a Lambo out of crypto I am one of those that realise that getting in on the ground floor of the next big thing is an opportunity not to be missed. Think of tech and what apple, microsoft, amazon etc did, but also how many others fell aside along the way. Rant over.

So cryptos long term, forex trading remains the bread and butter.

PS forexfactory really needs to look at doing a cryptofactory.

Will remove post immediately if this is not to their liking.

Was asked how to enter trade using system. The first post was simplified but this should make everything clear. From 1st post:

OK so current set up focus on GU and GJ, 5 min 15lwma, 3 bar reversal indi with 9 9 1 stoch filter. GU and GJ to agree (both on same side of their lwma). Looking to enter the HL/LH's in and around the 15lwma, either a HL/LH that crosses the lwma or after price crossed the first HL/LH that follows.

OK GU high at London open (green line) 1.3563 ish. The following low 1.3547. Price has moved through the lwma but there is no lower high, 1 2 3, M pattern yet.

The lower high at 1.3556 only confirms with the negative close candle at 1.3550. Nice candle close with little/no lower wick. GJ agreeing so sell when price goes below the 1.3550 close. The 3 bar reversal has also signaled with the white arrow down.

So we are not necessarily waiting for the break of the 2 point when we have the close with no lower wick for the sell. You can of course wait for the break of 2 point if you wish.