Since all pair on the move without giving us chance to reentry on htf. Lets backtest my bbma analysis on lower tf.
edit; forgot to add reentry tf m15.
edit; forgot to add reentry tf m15.
fall seven times, stand up eight.
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Day Trading vs. Swing Trading vs. Position Trading 86 replies
BBMA Trading Journal 5 replies
DislikedSince all pair on the move without giving us chance to reentry on htf. Lets backtest my bbma analysis on lower tf. edit; forgot to add reentry tf m15. {image} {image} {image}Ignored
Disliked{quote} Nice trade man! cadjpy weekly looks really nice as it's rejecting ema50, Midbb, and MAHI. Not sure why it wasn't on my watchlist Here are the trades I took today: Eurcad weekly it looks like a MLV is forming. Eurcad daily there's a reentry csak sell. Eurcad 1H there's an extrem and also csak sell. Eurcad m15 there's a csm and midBB is also crossing below ema50, I entered on MAHI. I closed the trades after 40 pips profit, i'm still having a hard time deciding where and when to close the trade. {image} {image} {image}Ignored
Disliked{quote} If you having hard time to look for exit, look for top/low bb based on your reentry tf. That will be your potential tp. Back to basic bbma structure, if you know where the price might go, that will be your exit. If you plan to hold, see what the price trying to tell us first. You can either set BE and hold it, hoping for daily reentry to have csm. Then you can hold it out until top/low bb on another higher tf. Rmber this, price action and cs pattern can be your indicator. So dont rely too much on all the moving average. Sometime there things...Ignored
Disliked{quote} If you having hard time to look for exit, look for top/low bb based on your reentry tf. That will be your potential tp. Back to basic bbma structure, if you know where the price might go, that will be your exit. If you plan to hold, see what the price trying to tell us first. You can either set BE and hold it, hoping for daily reentry to have csm. Then you can hold it out until top/low bb on another higher tf. Rmber this, price action and cs pattern can be your indicator. So dont rely too much on all the moving average. Sometime there things...Ignored
Disliked{quote} aah I see, I remember you have wrote about tp and sl already on the early page of the thread. It's just I'm really new to bbma so I don't have enough confidence to hold trades to desired level yet. But knowing that bbma analysis actually works already feels good to me!. Anyways you mentioned about your bbma telegram I'm just wondering do you also have a telegram channel where people discuss about a trade setup or is it just in this ff thread?Ignored
Disliked{quote} hey buddy how you doin? seems you active again in FF here is my buy level on gold for today till tomorrow... bears patience has been tested hardway lol... {image} {image}Ignored
Disliked{quote} aah I see, I remember you have wrote about tp and sl already on the early page of the thread. It's just I'm really new to bbma so I don't have enough confidence to hold trades to desired level yet. But knowing that bbma analysis actually works already feels good to me!. Anyways you mentioned about your bbma telegram I'm just wondering do you also have a telegram channel where people discuss about a trade setup or is it just in this ff thread?Ignored
Disliked{quote} there none. only here on FF. the telegram is actually my 2018 journal of me starting using bbma nothing more..and probably few tips here and there. but i think it is better to make it one place which is this thread so everyone can access. need to thanks pips for creating the thread. thanks bos !Ignored
Disliked{quote} there none. only here on FF. the telegram is actually my 2018 journal of me starting using bbma nothing more..and probably few tips here and there. but i think it is better to make it one place which is this thread so everyone can access. need to thanks pips for creating the thread. thanks bos !Ignored
Disliked{quote} I'm glad you are sharing your knowledge and the manner you prepare for a trade with this method. Is it profitable on a smaller tf like M15 as the stop on htf often exceeds the limit I like . I need to keep the stop to 1% of my account..so scalping for 20-40 pips is ideal for me..Is there some important rules you have to observe when scalping with the method. Looking forward to your input and btw thanks a lot for your postsIgnored
Disliked{quote} Then i think try trade using h1 or lower tf reentry if you looking for 20-40pips. but make sure to know where price want to go in htf. I take m15 reentry yesterday because of h1 has csm sell. So i just assume price might go for short based on that csm sell. To get more info look look at higher tf to see where the price want to go. (daily has csak buy. next would be reentry buy. that mean price will go short just to reach that reentry buy ) Now we have direction, we look for reentry for entry. Since H1 has csm sell, i can confirm M15 or lower...Ignored
Disliked{quote} Yes thanks Mr Pips29 for creating this thread! 2018? how many years in total have you been trading forex for razoredge? and if you don't mind me asking, are you a full time trader now? I have a dream that one day I could submit a resignation letter to my work place and trade forex for a living haha idk tho, maybe it'll just be a dream. I'm already relatively profitable using my other method for the past 2 years but it's really slow progress, I'm making around 5-6% per month but I don't have enough fund to live off those 5-6% so yeah that's...Ignored
Disliked{quote} Continue. *was packing my things to leave the office* So what you want on 2nd tf is ema50 above mid bb, nearing top bb and make sure it has csm sell on that tf. and extra, close bbma indicator. its basically clear flag pattern on naked chart. oh ya, important rule is to see where ema50 coming from ( to know the current trend on that tf ) and direction of market. {image} {image}Ignored
Disliked{quote} Yes thanks Mr Pips29 for creating this thread! 2018? how many years in total have you been trading forex for razoredge? and if you don't mind me asking, are you a full time trader now? I have a dream that one day I could submit a resignation letter to my work place and trade forex for a living haha idk tho, maybe it'll just be a dream. I'm already relatively profitable using my other method for the past 2 years but it's really slow progress, I'm making around 5-6% per month but I don't have enough fund to live off those 5-6% so yeah that's...Ignored
Disliked{quote} When you are comfortable and confident you might like to look for a prop firm to make your dream a reality much faster , all the bestIgnored
Disliked{quote} Since my entry is on M15 shouldn't I be looking at H1 and H4 more closely rather than the 5 min chartIgnored