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Simple Daily Trend Reversal Trading System

  • #1,121
  • Dec 13, 2017 12:36pm Dec 13, 2017 12:36pm
Quoting longtrader
other one cadjpy {image}
Can you please post that indicator that shows all the pairs on the bottom please?
Sorry if is it already been asked but i can't find it on previous pages.

Cheers.
  • #1,122
  • Dec 13, 2017 12:43pm Dec 13, 2017 12:43pm
fwiw =
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da n0o0b + $hit_Disturber
  • #1,123
  • Dec 13, 2017 12:46pm Dec 13, 2017 12:46pm
I'm Not sure about everyone else, but i've reduced my USD exposure down to GBPUSD only for the rate announcement in 15 mins

Just in case it goes crazy!
  • #1,124
  • Dec 13, 2017 12:50pm Dec 13, 2017 12:50pm
Quoting hzs10
I am purely following the EA signal without putting the indicators on the chart. so far the result are quite positive if you dont set the TP too far. I notice most of the trade are counter trend trading which will not hit 2:1 reward to risk. but if u just take profit and run it is quite high profitability. I got stop out previously by usdjpy and gbpjpy last week when i didn exited the trade with 200pips. However, overall i am still in positive now.
Hi hzs10,
Sorry for asking the possible obvious....and your are ONLY trading on the 4H?
  • #1,125
  • Dec 13, 2017 12:50pm Dec 13, 2017 12:50pm
Quoting russian30
I'm Not sure about everyone else, but i've reduced my USD exposure down to GBPUSD only for the rate announcement in 15 mins Just in case it goes crazy!
Ye it will
russian30 you also use that indicator that show all the pairs on the chart..can you post it please by any chance?
  • #1,126
  • Dec 13, 2017 12:53pm Dec 13, 2017 12:53pm
Quoting mrdfx
{quote} I am testing H1 TF with the EA, and so far it's mixed. I also tested out of curiosity M5, M15, M30 TF, but they were a disaster, and were quickly wiping the account, it reminded me of the early days of when I was developing and testing this strategy how unsuccessful this strategy was on lower TF. I'm currently testing only on H1, and H4.
If you can reproduce these results, you have a winner...... just invert the trades
  • #1,127
  • Dec 13, 2017 12:56pm Dec 13, 2017 12:56pm
Quoting jojofx
{quote} Ye it will russian30 you also use that indicator that show all the pairs on the chart..can you post it please by any chance?
its at post 992
  • #1,128
  • Dec 13, 2017 12:57pm Dec 13, 2017 12:57pm
Quoting russian30
{quote} its at post 992
nice, thank you.
  • #1,129
  • Dec 13, 2017 1:31pm Dec 13, 2017 1:31pm
[quote = mrdfx; 10586679] {quote} Я тестирую H1 TF с EA, и пока он смешанный. Я также испытал из любопытства M5, M15, M30 TF, но они были катастрофой и быстро уничтожили учетную запись, это напомнило мне о первых днях, когда я разрабатывал и тестировал эту стратегию, как неудачная эта стратегия была на более низких TF , В настоящее время я тестирую только на H1 и H4. [/ Quote]
Open positions , Н 4
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  • #1,130
  • Dec 13, 2017 2:02pm Dec 13, 2017 2:02pm
Yellen's incessant ramblings have pushed my GBPUSD 4h trade over the line

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  • #1,131
  • Dec 13, 2017 6:46pm Dec 13, 2017 6:46pm
Quoting lctrader11
{quote} Hi hzs10, Sorry for asking the possible obvious....and your are ONLY trading on the 4H?
yes I only trade on H4
  • #1,132
  • Dec 13, 2017 7:44pm Dec 13, 2017 7:44pm
Will this also work on the daily ??
  • #1,133
  • Dec 13, 2017 7:52pm Dec 13, 2017 7:52pm
Quoting luaciego
Will this also work on the daily ??

yes
  • #1,134
  • Dec 13, 2017 8:37pm Dec 13, 2017 8:37pm
Hello Everyone here's one I'm watching. Gbp/Nzd 4hr waiting for a buy signal.
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  • #1,135
  • Dec 13, 2017 11:01pm Dec 13, 2017 11:01pm
I have to give my props to the people behind this strategy. Its a great tool to have as a conformation but as a noobie its tells me to buy aud usd on the daily and im trying to understand why? any help will be appreciate. Even though it has a red arrow,
  • #1,136
  • Dec 14, 2017 2:36am Dec 14, 2017 2:36am
USDJPY ?
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  • #1,137
  • Edited 2:58am Dec 14, 2017 2:45am | Edited 2:58am
Quoting sheppy
{quote} yes
I think this strategy has potential. I'm testing now in full automatic on daily. I do not understand why people insist to lower TF instead of increasing it.
The operations I performed on 4H were set on a classic PA, basic start with W and D, and entered only near a relevant price zone, with divergence on the MBFX.
a good percentage of success. NFP was a big news, ok, and I was buy on EU. I did not worry about that,
coz I remind everyone to use an appropriate leverage (LOW) to their capital, considering the TF on which it operates. and the pain go down indeed.
(now i'm +84 ongoing)

Sheppy, how the daily test is going?
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nescentia necat
  • #1,138
  • Dec 14, 2017 2:57am Dec 14, 2017 2:57am
Quoting ahhamidz
USDJPY ? {image}

i think you should stick to higher time frame like H4

as i am still shorting this pair
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  • #1,139
  • Dec 14, 2017 3:03am Dec 14, 2017 3:03am
Quoting alhalawi
{quote} i think you should stick to higher time frame like H4 as i am still shorting this pair {image}
  • #1,140
  • Dec 14, 2017 3:07am Dec 14, 2017 3:07am
You can exit with profit ( News )
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