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Simple and profitable trading style

  • #2,061
  • Dec 21, 2017 12:55am Dec 21, 2017 12:55am
Quoting GodfatherSam
There are many strategies that you could deal in with the Forex Market, you should understand that you need to have lots of practice, if you wanna become successful in the Forex Market.
Good morning Godfather,basicly correct.

BUT:
YOU spam these phrases in almost every thread.
Risiko birgt immer auch die Chance.
  • #2,062
  • Dec 21, 2017 5:30am Dec 21, 2017 5:30am
Quoting 9jatrader
CHFJPY Bullish on the move with the main strategy here. The weekly was able to close above the middle band while the daily closed above upper band.
Another weekly closing strongly again above the middle band on CHFJPY. The first one did not fail but retraced back. The reason for using longer TF for SL
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,063
  • Dec 21, 2017 6:56am Dec 21, 2017 6:56am
No strategy is good for traders who fear of loosing by placing too tight sl. I was PM'ed sometime ago asking if I was still in the position that I shared and that his/her sl was triggered. i then decided to share the charts just to show that I was still in the trade
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,064
  • Dec 21, 2017 7:10am Dec 21, 2017 7:10am
Still waiting for AUDCHF weekly middle band and daily upper band. The 4hr already moving on the upper band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,065
  • Dec 21, 2017 7:18am Dec 21, 2017 7:18am
Why am not sharing EURUSD???
I do not see any setup on it with my strategies and besides the pair has been choppy. If you trade long time frames you can always find setup on other pairs
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,066
  • Dec 21, 2017 7:32am Dec 21, 2017 7:32am
Don't trade any pair because they say it's popular. Even the negative correlated pair, USDCHF moves better in recent time
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,067
  • Dec 21, 2017 7:35am Dec 21, 2017 7:35am
Quoting 9jatrader
Still waiting for AUDCHF weekly middle band and daily upper band. The 4hr already moving on the upper band
Talking about correlation here as always, AUDCHF would send signal also to EURAUD, NZDCHF and EURNZD for those wo are not already in
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,068
  • Dec 21, 2017 1:29pm Dec 21, 2017 1:29pm
Quoting 9jatrader
Still waiting for AUDCHF weekly middle band and daily upper band. The 4hr already moving on the upper band
The long awaited setup on AUDCHF finally showed up. The weekly closing above the middle band and the daily is closing above the upper band. Some who PM'ed would understand more now with the current setup specially those who are new here.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,069
  • Dec 21, 2017 1:32pm Dec 21, 2017 1:32pm
It was also based on stochastic
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,070
  • Dec 21, 2017 1:36pm Dec 21, 2017 1:36pm
Quoting 9jatrader
{quote} Talking about correlation here as always, AUDCHF would send signal also to EURAUD, NZDCHF and EURNZD for those who are not already in
Only EURAUD shows some bearish movement, below middle band. I prefer
AUDCHF
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,071
  • Dec 21, 2017 2:09pm Dec 21, 2017 2:09pm
Quoting 9jatrader
{quote} Only EURAUD shows some bearish movement, below middle band. I prefer AUDCHF
Agreed...looks like there is plenty of room to move northward (~180 pips or so).
  • #2,072
  • Dec 21, 2017 2:14pm Dec 21, 2017 2:14pm
Quoting lctrader11
{quote} Agreed...looks like there is plenty of room to move northward (~180 pips or so).
Yea, before visible resistance
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,073
  • Dec 22, 2017 11:36am Dec 22, 2017 11:36am
I can not share all the charts I analyze. I share sometimes, not all. I trade more than 20 pairs. If you wish to do us a favour by sharing your chart it's welcomed and all your friends would welcome them.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,074
  • Dec 22, 2017 1:14pm Dec 22, 2017 1:14pm
Quoting 9jatrader
{quote} Talking about correlation here as always, AUDCHF would send signal also to EURAUD, NZDCHF and EURNZD for those wo are not already in
NZDCHF closing with strong Hammer with bullish body. Bullish body increases the the strong bullish bias.
EURNZD weekly middle band and daily lower band is on the move.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,075
  • Dec 22, 2017 1:20pm Dec 22, 2017 1:20pm
Though I have been in NZDCHF since 5th December using the daily middle band and 4hr upper band, the current candle on the weekly already gives me additional confidence to hold on. Daily middle band and 4hr lower/upper band can be rewarding when it works. One would make more profit than entry with weekly/daily.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,076
  • Dec 24, 2017 4:49am Dec 24, 2017 4:49am
your strategy is the holy grail , i am not just talking i know what am saying but before i go further i have a technical question for clarification. when the weekly candle closed above middle bollinger band and the last candle of the 5 candles that makes up the week , closed above upper bollnger band, is that a valid setup or we wait for second week for a daily close above upper bollinger band?
  • #2,077
  • Dec 24, 2017 11:51am Dec 24, 2017 11:51am
Attached Image
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,078
  • Dec 24, 2017 2:46pm Dec 24, 2017 2:46pm
Quoting joycometh
your strategy is the holy grail , i am not just talking i know what am saying but before i go further i have a technical question for clarification. when the weekly candle closed above middle bollinger band and the last candle of the 5 candles that makes up the week , closed above upper bollnger band, is that a valid setup or we wait for second week for a daily close above upper bollinger band?
You got the strategy. The first candle that closes above the upper band, daily gives signal
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,079
  • Dec 24, 2017 2:47pm Dec 24, 2017 2:47pm
We cannot use any strategy to fight strong trend. It can be bloody
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,080
  • Dec 25, 2017 12:13am Dec 25, 2017 12:13am
i totally agree with u. i have read the thread furher, i understand both weekly and daily must be the same week like what happened last week in audchf. But since we must allow the weekly candle to closed on friday before we can conclude it has close above middle band. what if the daily close above upper band happen either tuesday or wednesday and thursday or friday candle now close below upper band and yet weekly stiil closed above middle band. DO WE STILL CONSIDER IT VALID SETUP?
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