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Simple and profitable trading style

  • #1,781
  • Nov 15, 2017 9:43am Nov 15, 2017 9:43am
Quoting 9jatrader
{quote} EURGBP already above the middle band after strong retracement. But am scared of 0.89743 resistance where strong Shooting Star and Bearish Engulfing were earlier made on the 12th October and 20th October respectively
If it closes with inverted doji as it is right now I will be out to fight another day
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,782
  • Nov 15, 2017 9:48am Nov 15, 2017 9:48am
EURCAD correlated pair is still slow- scared of lower band on the daily. It would most probably crash further. The shooting star was great- below resistance. It's going to shoot the pair down
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,783
  • Nov 15, 2017 9:59am Nov 15, 2017 9:59am
Quoting 9jatrader
EURCAD correlated pair is still slow- scared of lower band on the daily. It would most probably crash further. The shooting star was great- below resistance. It's going to shoot the pair down
I mean CADCHF
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,784
  • Nov 15, 2017 3:06pm Nov 15, 2017 3:06pm
Quoting 9jatrader
{quote} If it closes with inverted doji as it is right now I will be out to fight another day
Am out of EURGBP bullish position; it seems the shooting star is still valid and may crash down. Am waiting in whatever the direction
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,785
  • Edited 3:26pm Nov 15, 2017 3:14pm | Edited 3:26pm
Less than an hour to the end of today's market close AUDCAD remains hammer. Though not with bullish body any way, but formed on support
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,786
  • Nov 15, 2017 3:37pm Nov 15, 2017 3:37pm
With the weekly middle band and the daily movement we could see how middle band can pose a barrier. It's refusing to close above the upper band on the daily chart because of the weekly middle band. If before the week end the daily and weekly obeys the strategy then I will be bullish again.

Forex is a game of patience, otherwise we get burned
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,787
  • Nov 15, 2017 3:50pm Nov 15, 2017 3:50pm
No much now. All the positions are moving, AUDJPY,short; AUDUSD, short; AUDCHF, ; CADCHF,short; USDCHF, short; NZDCHF, short; EURCAD, long; EURAUD, long; USDCAD long
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,788
  • Nov 15, 2017 4:19pm Nov 15, 2017 4:19pm
Good night and see you tomorrow
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,789
  • Nov 15, 2017 7:55pm Nov 15, 2017 7:55pm
I think we should not post only the pics that show how the indicator worked well, rather than describe how to deal with the situations that the indicators fail.
  • #1,790
  • Nov 15, 2017 11:54pm Nov 15, 2017 11:54pm
Forex Trading is the best way to make money, but if you want to have a good amount of knowledge and experience and skills, you would be able to make profit and learn how to make some good strategies online.
  • #1,791
  • Nov 16, 2017 4:05am Nov 16, 2017 4:05am
Quoting hotoil
I think we should not post only the pics that show how the indicator worked well, rather than describe how to deal with the situations that the indicators fail.
am absolutely agree with u pal
there so many peoples share their strategy without a situations that can be profit or fail.
Your Mistakes is Your Best Teacher
  • #1,792
  • Nov 16, 2017 4:25am Nov 16, 2017 4:25am
Quoting hotoil
I think we should not post only the pics that show how the indicator worked well, rather than describe how to deal with the situations that the indicators fail.
aha..

Quoting robbietech
{quote} am absolutely agree with u pal there so many peoples share their strategy without a situations that can be profit or fail.
I´m following this thread for some month.
The thread creator makes a really nice job.

This thread is located in the trading discussion area..

He posts very simple and effective technics how to get safe pips out of the market included a proof of his work.

Here´s my thumbs up for this thread.

stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #1,793
  • Nov 16, 2017 5:47am Nov 16, 2017 5:47am
Quoting hotoil
I think we should not post only the pics that show how the indicator worked well, rather than describe how to deal with the situations that the indicators fail.
I believe you jump into the thread midway. If you followed the thread and the other thread I have been sharing as if to a beginner. I trade using Bollinger Bands, Stochastic Oscillator and Fibonacci Retracement/Extension. I have shown and indicated how they work, about middle band, upper and lower band. You can go back to the beginning of the thread and read on and the charts I have shared. Great to have you here and can bring chart you want us all to analyze. We learn together.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,794
  • Nov 16, 2017 5:59am Nov 16, 2017 5:59am
Quoting robbietech
{quote} am absolutely agree with u pal there so many peoples share their strategy without a situations that can be profit or fail.
You can go back and read from the beginning of the threads. Your concerns have been dealt with. Success and failure of the indicators have been shared on the two threads. Do your home work by reading them up.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,795
  • Nov 16, 2017 6:02am Nov 16, 2017 6:02am
Quoting Sesamstrasse
{quote} aha.. {quote} I´m following this thread for some month. The thread creator makes a really nice job. This thread is located in the trading discussion area.. He posts very simple and effective technics how to get safe pips out of the market included a proof of his work. Here´s my thumbs up for this thread. stay tuned Guido
Thanks for commendation. We just need to do our home work by reading what others have decided to share with us.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,796
  • Nov 16, 2017 3:30pm Nov 16, 2017 3:30pm
EURGBP has returned to the same level where setup had been made on two occasions, Shooting Star and Bearish engulfing. This time weak shooting star and weakly confirmed. How reliable. The strong shooting star formed earlier seems still valid. Hope to join the bears now
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,797
  • Nov 16, 2017 4:16pm Nov 16, 2017 4:16pm
When strong trade setup is formed at the wrong place/time. AUDCHF just formed strong setup, Bullish Engulfing, supported by lower band breakout, but at the wrong time when the bears have just taking over. Also bollinger lower and upper bands are far separated apart. I would still keep my short position.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,798
  • Nov 16, 2017 4:26pm Nov 16, 2017 4:26pm
Just corrected the last post. I mean Bullish Engulfing
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,799
  • Edited 10:02pm Nov 16, 2017 9:30pm | Edited 10:02pm
AUDJPY closing below bollinger lower band on the weekly after a long time- since April. It's down 370 pips.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #1,800
  • Nov 17, 2017 5:41am Nov 17, 2017 5:41am
Closing NZDCAD and AUDCAD long. I believe the setup is invalidated now. Three times consecutively loss in AUDCAD long. The pair not favourable to me at the present
Hope to join the bears at this time as the Hammer on NZDCAD is violated
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
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