Follow me and see for yourself if my strategy works or not.

Follow me and see for yourself if my swing trading approach works or not. Of course not all trades will be winners, but if you, in the near future, through this thread count the last 10 trades of mine you will see that it returns a significant amount of profit even though sometimes I only get 5 winners out of the ten trades. That is possible, because of the high quality setups that I take along with proper trade management. I use the daily timeframe (candlestick) chart as my main timeframe. I always use multiple timeframe analysis.
Now, I am a daily chart swing trader, but my approach will benefit any day trader! If you know what's going on the daily timeframe, then you will tremendously trade with more confidence and with a nice tailwind along your own day trade strategy. For me, I just love to trade chillaxed. Whichever trader you may be you will benefit. Just follow me and see for yourself. And if you have enough trust in me then we talk again for private lessons, skype tutoring, account management or just anything.
Hope you have a fantastic journey towards become a successful trader!

See you soon, until my first trade post in here.
I will post everything in real time.

Zum Wohl!

USD/CAD
short@ 1.2482
stop@ 1.2531
tgt1@ 1.2330
tgt2@ 1.2100

Hi!

Follow you how ? by taking signals you provide or by you evenually tell us how you trade / your strategy ?

What will be the purpose of see if this work ? so we can use your strategy and trade profitable for our selves or will you sell some signal service or the strategy ?

Best regards

This trade has been stopped out.
It is still a good candidate to stalk for a short set up.
I will be waiting for a potent signal to get short.

Hi jgadefelth!
Thanks for visiting my thread.
The purpose of this thread was to post at least 10 trades of mine and show members that my system works and produces profit even though I get most of the time only 5 trades right. It's because of my money/trade management. I know what you mean when you asked what the purpose of this thread was. I am not a educator nor a signal provider, I am just a 12+ year experienced trader who is considering turning his knowledge into a business if, and only if I see other traders interested in my style of trading. At the moment I am already satisfied trading on my own. But I thought it would be something new if I challenge myself to take my knowledge to another level and share this with you guys so that eventually, I hope I have the chance to trade with traders (and build a team) who have the same value as me when it comes to trading. By following me, I meant, follow the trades I post and if you are interested and want to know more or you have questions why and how I took that trade you guys can ask me anytime freely. I think that's the best way to show you guys what this is all about.

Cheers!

CAD/JPY

Buy limit order at 89.40 is triggered. Stop is at 88.99. Target1 to be announced (need to see how the daily candle closes today).
This pair has potential to shoot up to 93.00.

how and why did you take that trade am sure here is intrests from me and others maybe you can explain more about your strategy ?

Thank You.

Best regards

Hi jgadefelth

I am a trend follower and 90% of the time I trade in the direction of the weekly and daily timeframes trend. Both timeframes trend must be aligned. If I find a nice trending pair, I go to analyze the price action of the pair on the daily timeframe, I call it bar-by-bar analysis. In a nice trending market price either corrects through pullback/retracement or consolidates through time (sideways) before continuing with the trend. And my job is to read the market's behavior in those areas through bar-by-bar analysis. One of my favorite approach to get on board is to wait for the counter-trend traders to get trapped.

How mutch do you risk per trade in percent ? How do you manage target 1 and 2 `? How long time are you in a typical trade and how many trades do you get in a year ?

Thank You


Best regards

Hi jgadefelth

1. I used to take 2% risk when I first started out. As I progressed over the years I raised my risk to 3%.
2. Basically, my first target is at the next reference point (where traders previously transacted), but in most cases I manage differently in different circumstances.
I try to read through bar-by-bar analysis how people (traders) are reacting in those reference point. Most of the time I drill down to a 4Hour timeframe to see in
detail how buyers and sellers react. If I see choppiness and uncertainty I get out or partially get out of the trade. If I see clarity I stay and hold on to my position.
For example, the CAD/JPY trade I recently posted, if you look at it's weekly chart it is clean as it can get. Broke out of significant resistance and pulling back where it
now became support. And plus it has a potential to move significantly to the next pivot (reference point). Now the daily is not the most cleanest chart and you can
see a thin channel that had been forming while it was pulling back. Now today with the oil report coming out today, if the daily bar can shoot up above the channel
cancelling and stopping out the sellers who place their stops above the channel, I will have more confidence in this trade and probably hold it and hence adjusting
my target accordingly. And that brings us automatically to your next question:
3. For swing trading, I hold my trades somewhere between 1 to 10 days. But lets say, our CAD/JPY trade shoots up as anticipated and then continues to go higher
for 10 days. During those days you will be amazed to see how many set ups you will find to get on board on a smaller timeframe such as the 4hour, 1hour and
15 minute timeframe to day trade. That's why it is crucial to read the daily chart as a day trader because it will help you and give you a nice tail wind if you analyze
it the right way. Speaking of it, 6 hours ago the CAD/JPY pair had a 1hour pullback set up with a nice inside bar signal bar. If you took it you would have already
had 4R's floating in your account (I will post the 1 hour chart setup below after I finish answering your questions).
4.I get around 6 to 10 high quality set ups for swing trading (off of the daily TF) a month. If I had more time to sit in front of the monitor to day trade I would
definitely get more trades. But for me, I just love the relaxed approach of swing trading which really improved my trading over the years with such clarity and
at some point I realized why and how the markets moved. If I had looked at the 5 minute chart only for the past 12+ years I would have never understood why
and how price moved, because with intraday noise there is really not much you can learn.


Hope I this helped.

Best regards,

and I thank you too for your questions!
This was actually also a reason why I started this thread, to interact with other traders.

Cheers mate!

Just took half of my position on CAD/JPY at 90.27. Price advanced to fast before the oil report.

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