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NZD/JPY, USD/JPY

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Simple and profitable trading style

  • #1,181
  • Jul 19, 2017 9:06am Jul 19, 2017 9:06am
4hr maybe used and daily candle for sl
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,182
  • Jul 19, 2017 9:15am Jul 19, 2017 9:15am
Quoting 9jatrader
4hr maybe used and daily candle for sl
Am going to wait and see where this developing H4 candle closes tnght. Then might enter.
  • #1,183
  • Jul 19, 2017 9:23am Jul 19, 2017 9:23am
Quoting Goyatrade
{quote} Am going to wait and see where this developing H4 candle closes tnght. Then might enter.
Good luck. I used 4hr for early entry on EURAUD, then added position on daily
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,184
  • Jul 19, 2017 11:17pm Jul 19, 2017 11:17pm
Just found out that EURCAD already formed strong setup long ago on the monthly, 1st January and February, 2016. Know that it takes very long time for longer TF to finally worked
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,185
  • Jul 19, 2017 11:18pm Jul 19, 2017 11:18pm
Glad to catch the movement on the daily now- market will finally decides if am right or wrong
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,186
  • Jul 20, 2017 6:29am Jul 20, 2017 6:29am
Using correlation, we have to watch out on NZDUSD, since the AUDUSD already made great setup
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,187
  • Jul 20, 2017 6:32am Jul 20, 2017 6:32am
Currently restesting 0.73240 strong weekly resistance. Am getting tired of GBPUSD short I have been long ago. It ended to ranging. Today good movement. It was based on stochastic
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,188
  • Jul 20, 2017 6:35am Jul 20, 2017 6:35am
I have been in since 30th, May- so funny
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,189
  • Jul 21, 2017 10:19am Jul 21, 2017 10:19am
Quoting 9jatrader
Using correlation, we have to watch out on NZDUSD, since the AUDUSD already made great setup
It did the job as expected-NZDUSD
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,190
  • Jul 21, 2017 10:30am Jul 21, 2017 10:30am
It's my time to return to EURUSD. The weekly is breaking the long awaited strong resistance, 1.14502 that had not been broken since May 2015
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,191
  • Jul 21, 2017 10:32am Jul 21, 2017 10:32am
Not so surprised as this is correlated with AUDUSD. I was about to post this, that if correlation can assist here, EURUSD would be breaking the resistance. Only to find out that it had it's doing it on the weekly. Wow
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,192
  • Jul 21, 2017 11:30am Jul 21, 2017 11:30am
USDJPY long is failing, and I have to place sell stop orders on the SL, so that as soon as the SL triggered the bears takes control. The weekly and the daily are closing below the middle band and lower band respectively. The resistance brought the pair down
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,193
  • Jul 21, 2017 11:32am Jul 21, 2017 11:32am
EURUSD bulls here you're welcome
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,194
  • Jul 21, 2017 11:35am Jul 21, 2017 11:35am
This is considered as the favourable pair of the most traders. Even I personally like to deal with EUR/USD. The return is quite nice.
  • #1,195
  • Jul 21, 2017 11:38am Jul 21, 2017 11:38am
Quoting GodfatherSam
This is considered as the favourable pair of the most traders. Even I personally like to deal with EUR/USD. The return is quite nice.
Yea. Am back. i have been away from EU, when the signal became untrustworthy and was close to the resistance I pointed out
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,196
  • Jul 21, 2017 11:46am Jul 21, 2017 11:46am
Quoting 9jatrader
{quote} Yea. Am back. I have been away from EU, when the signal became untrustworthy and was close to the resistance I pointed out
I was also afraid of the strong shooting star, daily- the red mark that had brought the pair down so strongly. am more comfortably now that the price is above it. It may come strongly to retest the broken resistance, and so we need better SL. am already in profit, using better lot size, trusting in the setup/breakout
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdtt.png Size: 32 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,197
  • Jul 21, 2017 1:38pm Jul 21, 2017 1:38pm
Quoting 9jatrader
I decided to bring EURGBP that's bit bringing confusion. The two candles can't be for bullish trade. They're called pathern-Bearish Engulfing Pathern. When such is formed around strong resistance, it has the high probability to bring the pair down. This is different from the single bullish candle formed above the upper band on AUDUSD. They're completely different. I have three positions here- 4hr early entry and the daily entry {image}
Am out of this, so unsafe
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,198
  • Jul 21, 2017 1:45pm Jul 21, 2017 1:45pm
Quoting 9jatrader
Am already short in another platform-GBPJPY At least 770 pips to 1066 pips down the road. Positive points line up for the short setup. Firstly, price failed to break 147.864 resistance while stochastic was on overbought region. The main and signal had crossed each other and left overbought. Secondly, last candle was shooting star below the resistance.


It means that the resistance holds.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,199
  • Jul 24, 2017 1:32pm Jul 24, 2017 1:32pm
Quoting 9jatrader
CADJPY, CHFJPY and EURJPY have similar trade seup on the weekly- they closed above the weekly upper band after a long time. I have closed them, waiting for daily resistance breakout
I finally closed my EURJPY long. It's currently forming Bollinger Bands Squeeze. I don't want to be ambushed.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #1,200
  • Jul 24, 2017 11:48pm Jul 24, 2017 11:48pm
Quoting 9jatrader
{quote} I finally closed my EURJPY long. It's currently forming Bollinger Bands Squeeze. I don't want to be ambushed.
Bro any idea about eurousd...will it go down or gone up..?
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