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Simple and profitable trading style

  • #921
  • Jun 28, 2017 10:58am Jun 28, 2017 10:58am
EURGBP making a second setup. I have been in short trade. It's boring to me now, not moving
Make all mistakes in demo and rain in pips in live account
  • #922
  • Jun 28, 2017 11:03am Jun 28, 2017 11:03am
Super Mario Graghi took me out of EURUSD short yesterday. I do not believe it has power to fly. Soon EU may crash
Make all mistakes in demo and rain in pips in live account
  • #923
  • Jun 28, 2017 11:20am Jun 28, 2017 11:20am
EU is too close to thirteen months strong resistance, 1.15335. Shooting star was formed and had been crash the pair down. I will be waiting there. EU bye for now. Time for JPY pairs
Make all mistakes in demo and rain in pips in live account
  • #924
  • Jun 28, 2017 11:22am Jun 28, 2017 11:22am
USDJPY so scared of daily upper band. The weekly is doing it's job
Make all mistakes in demo and rain in pips in live account
  • #925
  • Jun 29, 2017 7:39am Jun 29, 2017 7:39am
Quoting 9jatrader
USDJPY so scared of daily upper band. The weekly is doing it's job
USDJPY is the next move on JPY. Hope to catch it. When it finally appears
Make all mistakes in demo and rain in pips in live account
  • #926
  • Jun 29, 2017 7:45am Jun 29, 2017 7:45am
USDJPY is only reluctant now to fly, because USD was weak this week
Make all mistakes in demo and rain in pips in live account
  • #927
  • Jun 29, 2017 7:46am Jun 29, 2017 7:46am
USDJPY is only reluctant now to fly, because USD had been weak this week
Make all mistakes in demo and rain in pips in live account
  • #928
  • Jun 29, 2017 7:52am Jun 29, 2017 7:52am
I will be watching all my JPY positions like hawk
Make all mistakes in demo and rain in pips in live account
  • #929
  • Jun 29, 2017 7:58am Jun 29, 2017 7:58am
Quoting 9jatrader
USDJPY is only reluctant now to fly, because USD had been weak this week
Hi, 9jatrader, So will you enter next week?
  • #930
  • Jun 30, 2017 8:23am Jun 30, 2017 8:23am
Quoting devsatosi
{quote} Hi, 9jatrader, So will you enter next week?
When the time comes I will determine whether to get in or not. It's not good now. Only if got about three days ago when the bulls closed, though weakly, above the upper band
Make all mistakes in demo and rain in pips in live account
  • #931
  • Jun 30, 2017 9:45am Jun 30, 2017 9:45am
A combination of both the strategies can really help to maximize profit. I will continue to combine the two and share them, when necessary.
Make all mistakes in demo and rain in pips in live account
  • #932
  • Jun 30, 2017 11:01am Jun 30, 2017 11:01am
Quoting 9jatrader
A combination of both the strategies can really help to maximize profit. I will continue to combine the two and share them, when necessary.
I mean using one to get in and using the other one to either hold on, take more positions with better lot size or exit
Make all mistakes in demo and rain in pips in live account
  • #933
  • Jun 30, 2017 2:34pm Jun 30, 2017 2:34pm
EG closing below middle band. If has been a strong support
Make all mistakes in demo and rain in pips in live account
  • #934
  • Jul 1, 2017 7:38am Jul 1, 2017 7:38am
How do you draw your S and R's?
  • #935
  • Jul 1, 2017 3:10pm Jul 1, 2017 3:10pm
Quoting earlroy63
How do you draw your S and R's?
For resistance I use the both the high and close price; while for support I use both the low and the close price. This enables me to know the ones the price respond to.
Make all mistakes in demo and rain in pips in live account
  • #936
  • Edited Jul 2, 2017 12:22am Jul 1, 2017 3:16pm | Edited Jul 2, 2017 12:22am
CHFJPY closed above the upper band on the weekly after a long time. The last time it closed above it was December, 2016. When candle closes above upper band after a long time, it shows its readiness to fly. Opposite is the case with bearish trade. When candle closes below the lower band after a long time, it shows its readiness to crash down
Make all mistakes in demo and rain in pips in live account
  • #937
  • Jul 1, 2017 3:32pm Jul 1, 2017 3:32pm
GBPJPY already on overbought region. If it can break resistance 148.130, then opportunity to either join or hold on to the previous positions.
Make all mistakes in demo and rain in pips in live account
  • #938
  • Edited Jul 2, 2017 12:22am Jul 1, 2017 3:37pm | Edited Jul 2, 2017 12:22am
If it finally breaks out, the chart may be shared in the other thread, not here
Make all mistakes in demo and rain in pips in live account
  • #939
  • Jul 2, 2017 12:24am Jul 2, 2017 12:24am
Quoting 9jatrader
CHFJPY closed above the upper band on the weekly after a long time. The last time it closed above it was December, 2016. When candle closes above upper band after a long time, it shows its readiness to fly. Opposite is the case with bearish trade. When candle closes below the lower band after a long time, it shows its readiness to crash down
EURJPY also closed in a similar way.
Make all mistakes in demo and rain in pips in live account
  • #940
  • Jul 2, 2017 12:25am Jul 2, 2017 12:25am
This is where correlation can help to trap any setup
Make all mistakes in demo and rain in pips in live account
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