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Simple and profitable trading style

  • #1,161
  • Jul 16, 2017 10:25pm Jul 16, 2017 10:25pm
Quoting 9jatrader
Here is the watch list on my trade journal. Some of the pairs have been analyzed and am already in them NZDJPY: I have analyzed this USDCAD: I have said something about this-how I missed it with the strategy here.Weekly stochastic would have also offered me the opportunity when 14th May bearish appears after the price failed to break the resistance and stochs left overbought GBPCHF: I have said something about this and am already long and I shared the charts- weekly and the daily EURNZD: There was already setup from resistance, 1.61842. The weekly...
GBPJPY is another one
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,162
  • Jul 18, 2017 7:33am Jul 18, 2017 7:33am
Quoting 9jatrader
Here is the watch list on my trade journal. Some of the pairs have been analyzed and am already in them NZDJPY: I have analyzed this USDCAD: I have said something about this-how I missed it with the strategy here.Weekly stochastic would have also offered me the opportunity when 14th May bearish appears after the price failed to break the resistance and stochs left overbought GBPCHF: I have said something about this and am already long and I shared the charts- weekly and the daily EURNZD: There was already setup from resistance, 1.61842. The weekly...
Check the EURAUD I analyzed here. It's offering second chance, based on our strategy here. The weekly is already moving below the middle band and the daily is closing below the lower band. Let's see how today will finally close.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,163
  • Jul 18, 2017 7:36am Jul 18, 2017 7:36am
Those who still have little misunderstanding with the strategy, you can use the current EURAUD movement to learn more.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,164
  • Jul 18, 2017 7:50am Jul 18, 2017 7:50am
Quoting 9jatrader
Those who still have little misunderstanding with the strategy, you can use the current EURAUD movement to learn more.
Hi 9j, there is a 200ema where it is hovering now, i have put a sellstop just under 200! If it breaks through with next H4 candle, it could be a nice one! Thanks for the tip!
  • #1,165
  • Jul 18, 2017 7:56am Jul 18, 2017 7:56am
Quoting Goyatrade
{quote} Hi 9j, there is a 200ema where it is hovering now, i have put a sellstop just under 200! If it breaks through with next H4 candle, it could be a nice one! Thanks for the tip!
Ok. I decided to check the 4hr and see what's doing. I found that is still doing well- by using the daily middle band and the 4hr lower band, for those who love shorter TF
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,166
  • Jul 18, 2017 3:08pm Jul 18, 2017 3:08pm
Quoting 9jatrader
I already shared USDJPY when I got in
USDJPY is strongly testing the strategy here. It is faced with strong retracement from resistance
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,167
  • Jul 18, 2017 4:12pm Jul 18, 2017 4:12pm
AUD currently rocks
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,168
  • Jul 18, 2017 10:10pm Jul 18, 2017 10:10pm
Quoting 9jatrader
{quote} AUDCAD is closing below the both the lower band and the support I have said something about. I got out of this support when it failed to trend. The interesting is that the weekly is closing below the lower band after a long time, sine 22nd May, 2016. Know that when candle closes below the bollinger lower band after a long time know that it has high probability that it wants to crash. Opposite is the case with bullish trade
I lost here. Price rejected the weekly lower band and the daily finally closed above the broken support ( that was acting as resistance ). I have to join the bulls
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,169
  • Jul 18, 2017 10:12pm Jul 18, 2017 10:12pm
When S/R is broken, it means . It has to be removed. It shows that it's not valid anymore. The bulls are in charge
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,170
  • Jul 18, 2017 10:25pm Jul 18, 2017 10:25pm
The failure of the AUDCAD short could be that stochastic did not support - it was not on oversold region. I ignored that.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,171
  • Jul 18, 2017 10:32pm Jul 18, 2017 10:32pm
It's great to follow strategy even if it will fail. Ignoring stochastic cost me- great price
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,172
  • Jul 18, 2017 11:32pm Jul 18, 2017 11:32pm
I won't agree with you. It is foolishness to follow the same strategy if it is failing. We need to change or modify our strategies if it is not yielding us enough income.
  • #1,173
  • Jul 18, 2017 11:45pm Jul 18, 2017 11:45pm
[quote=GodfatherSam;10099190]I won't agree with you. It is foolishness to follow the same strategy if it is failing. We need to change or modify our strategies if it is not yielding us enough income.[/quote

Maybe you fully understand what I mean. When you have a strategy, do you quit it because you lost in some trades? You still follow it. That's what I mean
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,174
  • Jul 19, 2017 6:27am Jul 19, 2017 6:27am
Quoting BrendanHigg
The more simple you can make your trading strategy such as less moving parts often times the better it performs. Simple can actually mean a robust trading system hopefully profitable as well which can handle many market conditions. Thanks for sharing your words with us with your using indicators and images. I really hope it will help us in many ways.
You're welcome to the thread
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,175
  • Jul 19, 2017 6:35am Jul 19, 2017 6:35am
Where do we go from here- AUDUSD is closing above the monthly upper band first time since April 2011. Wow! Glad to have caught the move
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,176
  • Jul 19, 2017 6:35am Jul 19, 2017 6:35am
We still have almost half a month to go before it finally close
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,177
  • Jul 19, 2017 8:33am Jul 19, 2017 8:33am
EURAUD is closing so well now. GBPAUD also performing. If correlation has anything to watch out for EURNZD short. There is already strong setup on the weekly; just looking for good entry point
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,178
  • Jul 19, 2017 8:38am Jul 19, 2017 8:38am
Of all the platforms I use only Alpari has GBPNZD. Alpari is gone as I said before now- am no longer able to close positions. GBPNZD short I was also tracking entry point
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,179
  • Jul 19, 2017 8:44am Jul 19, 2017 8:44am
Quoting 9jatrader
EURAUD is closing so well now. GBPAUD also performing. If correlation has anything to watch out for EURNZD short. There is already strong setup on the weekly; just looking for good entry point
What about if eurnzd closes good tdy, we watch the H4 to touch lower bb!! D1-H4 method and maybe it develops into W-D !!
  • #1,180
  • Jul 19, 2017 8:48am Jul 19, 2017 8:48am
Quoting Goyatrade
{quote} What about if eurnzd closes good tdy, we watch the H4 to touch lower bb!! D1-H4 method and maybe it develops into W-D !!
4hr is not close to lower band now. The weekly is still right above the middle band- it's scary now
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
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