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Simple and profitable trading style

  • #1,361
  • Aug 23, 2017 12:49pm Aug 23, 2017 12:49pm
I mean USDJPY retesting the strong support. I remain bullish
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  • #1,362
  • Aug 23, 2017 12:51pm Aug 23, 2017 12:51pm
Quoting 9jatrader
So far so good with them {image} {image}
These ones perform more than my expectation, GBPJPY and GBPCHF, short
Make all mistakes in demo and rain in pips in live account
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  • #1,363
  • Aug 23, 2017 11:27pm Aug 23, 2017 11:27pm
Quoting 9jatrader
{quote} The easiest way is to go to my profile and click subscribe, in case I have something on the other thread, "Method of Using Stochastic Profitably". Everyone here should know that all trades don't in profit. I take loss and move on. I manage my risk by minimizing loss and maximize my profit
already subscribe long time ago.but like you have said on the usd/jpy pair,am also looking forward to the pair to turn around and start buying
  • #1,364
  • Aug 24, 2017 3:12am Aug 24, 2017 3:12am
Quoting dkarev
{quote} already subscribe long time ago.but like you have said on the usd/jpy pair,am also looking forward to the pair to turn around and start buying
It's going to be explosive ride. The longer time frame, weekly is tired of bearish also. Just as I said in the analyses the support zone had failed to be broken since November, 2016. Not because it has failed to be broken, but no sign of breaking it on both the daily and weekly. The weekly stochastic already crossing on the oversold and may soon leave. That would increase my confidence. For two weeks now, weekly had been forming Doji candle
Make all mistakes in demo and rain in pips in live account
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  • #1,365
  • Aug 24, 2017 3:29am Aug 24, 2017 3:29am
Hope to share another strategy still backtesting, the position of candle on shorter time lower/upper band during S/R breakout on the longer time frames. That's during support breakout on the weekly what is the candle doing on the daily lower band; when there is support breakout on the daily, what is the 4hr candle doing om the lower band- are they able to close below it???. opposite is the case for bullish trade. My current backtest is the EURNZD bullish position I said yesterday. But I will not have different thread on the strategy. The analyses will either be here or the other thread.

EURNZD was breaking the resistance yesterday when 4hr closed above the upper band. I lost in the bearish position and have to get in immediately.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,366
  • Aug 24, 2017 7:45am Aug 24, 2017 7:45am
Quoting 9jatrader
Hope to share another strategy still backtesting, the position of candle on shorter time lower/upper band during S/R breakout on the longer time frames. That's during support breakout on the weekly what is the candle doing on the daily lower band; when there is support breakout on the daily, what is the 4hr candle doing om the lower band- are they able to close below it???. opposite is the case for bullish trade. My current backtest is the EURNZD bullish position I said yesterday. But I will not have different thread on the strategy. The analyses...
though i know you other thread but i haven't taking my time to read through the thread, i guess i need to make time to read through so that i can have a better understanding on how you make use of stochastic indicator.....personally i have a bearish movement from daily/weekly active on gbp/usd and i have a bullish 4hur/daily on eur/usd both hasn't hit target yet
  • #1,367
  • Aug 24, 2017 3:12pm Aug 24, 2017 3:12pm
Quoting dkarev
{quote} though i know you other thread but i haven't taking my time to read through the thread, i guess i need to make time to read through so that i can have a better understanding on how you make use of stochastic indicator.....personally i have a bearish movement from daily/weekly active on gbp/usd and i have a bullish 4hur/daily on eur/usd both hasn't hit target yet
Good luck. Always monitor your open position. Don't have a "set and forget attitude". EURUSD is currently choppy or rather consolidating. The big boys are out
Make all mistakes in demo and rain in pips in live account
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  • #1,368
  • Aug 24, 2017 3:14pm Aug 24, 2017 3:14pm
EURNZD is breaking 2016 resistance. I was lucky to have caught this movement on time. I have already shared it
Make all mistakes in demo and rain in pips in live account
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  • #1,369
  • Aug 24, 2017 3:26pm Aug 24, 2017 3:26pm
USDJPY forming hammer with bullish body on the weekly, right above the support I have earlier pointed out. More confidence for me now
Make all mistakes in demo and rain in pips in live account
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  • #1,370
  • Aug 24, 2017 3:38pm Aug 24, 2017 3:38pm
Am out of EURCAD long. It's choppy

Am also out of EURUSD bullish positions
Make all mistakes in demo and rain in pips in live account
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  • #1,371
  • Aug 24, 2017 4:08pm Aug 24, 2017 4:08pm
Still monitoring AUDNZD long, 478 pips. I might adjust my TP, then move sl to below the strong resistance. The daily and weekly stochastic going overbought. Who knows what would happen?
Make all mistakes in demo and rain in pips in live account
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  • #1,372
  • Edited 3:37pm Aug 25, 2017 2:12pm | Edited 3:37pm
Quoting 9jatrader
Am out of EURCAD long. It's choppy Am also out of EURUSD bullish positions
EURUSD showing more direction now. It's strongly closing above the upper band

Quoting 9jatrader
AUDUSD has formed strong bullish consolidation, strong Bullish Engulfing.
Additional confidence now as the EURUSD has shown continuation after consolidation. They are correlated. Bread and butter, Tom and Jerry

The reason why the bulls are stronger now is the closing bullish candle above the upper band. when market wants to trends, it first closes above the upper band, for long trade and lower band, for short trade. The only downside the fresh setup now is when strong bearish engulfing forms from Monday, otherwise no "wahala". no problem
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,373
  • Aug 25, 2017 3:16pm Aug 25, 2017 3:16pm
Quoting 9jatrader
{quote} Good luck. Always monitor your open position. Don't have a "set and forget attitude". EURUSD is currently choppy or rather consolidating. The big boys are out
my 4hr/daily eur/usd has hit my target...am also in on bullish movement on eur/jpy and aud/usd on 4hr/daily time frame,though my bearish gbp/usd on daily/weekly is still active,i hope i get to understand this strategy more better and looking for to when i will encounter my loss,so that i can have a better understanding on how to handle before going on the real account.
  • #1,374
  • Aug 25, 2017 3:19pm Aug 25, 2017 3:19pm
Quoting dkarev
{quote} my 4hr/daily eur/usd has hit my target...am also in on bullish movement on eur/jpy and aud/usd on 4hr/daily time frame,though my bearish gbp/usd on daily/weekly is still active,i hope i get to understand this strategy more better and looking for to when i will encounter my loss,so that i can have a better understanding on how to handle before going on the real account.
Congrats on your EU profit.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,375
  • Aug 25, 2017 3:20pm Aug 25, 2017 3:20pm
am joining the bulls again on EURUSD. Better sl below the resistance that was about to be retested
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,376
  • Aug 26, 2017 10:53am Aug 26, 2017 10:53am
Quoting 9jatrader
Hope to share another strategy still backtesting, the position of candle on shorter time lower/upper band during S/R breakout on the longer time frames. That's during support breakout on the weekly what is the candle doing on the daily lower band; when there is support breakout on the daily, what is the 4hr candle doing om the lower band- are they able to close below it???. opposite is the case for bullish trade. My current backtest is the EURNZD bullish position I said yesterday. But I will not have different thread on the strategy. The analyses...
EURNZD had been able to break the resistance that caused the retracement, weekly. First position under backtest
Make all mistakes in demo and rain in pips in live account
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  • #1,377
  • Aug 26, 2017 11:16am Aug 26, 2017 11:16am
For the purpose of those new to the thread we already have existing strategy here. The new one am backtesting is the position of the candle on the shorter TF when there is a S/R breakout on the longer TF. That's was the candle able to close above the upper band on the daily when the weekly making/made resistance breakout- for bullish position? Also was the daily able to close below the lower band on daily when the weekly making/made support breakout- for short trade?
Make all mistakes in demo and rain in pips in live account
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  • #1,378
  • Aug 26, 2017 11:18am Aug 26, 2017 11:18am
Same applies for daily and 4hr. When the daily breaking strong resistance, was 4hr able to close above the upper band. Opposite is the case for bearish trade.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,379
  • Aug 26, 2017 11:30am Aug 26, 2017 11:30am
You would do yourself a favour by checking some of my backchecking/backtest.

1. EURUSD: This pair was breaking the strong resistance,1.14576, weekly-16th July bullish candle, when 19th July closed above the upper band.

2. EURNZD: Am already bullish and I shared the analyses. This pair was breaking resistance, 1.61761 on the daily when 4hr closed above the upper band on 23rd August. You can back check some charts yourselves. This will enable us to avoid market ambush, if it's not able to close above/below upper/lower band respectively.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,380
  • Aug 26, 2017 11:33am Aug 26, 2017 11:33am
I feel we should always continue to work so that we would be able to catch big move
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
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