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Simple and profitable trading style

  • #2,201
  • Jan 9, 2018 7:44am Jan 9, 2018 7:44am
Quoting 9jatrader
Am loosing ground on CADCHF short position. If the resistance level, 0.79538 I know I was wrong in holding on
it is still bullish in the higher time frame. i don't know hwy you short it?
Kim
  • #2,202
  • Jan 9, 2018 2:30pm Jan 9, 2018 2:30pm
Quoting alexkimke
{quote} it is still bullish in the higher time frame. i don't know hwy you short it?
The entry had been long, since 28th September- the Shooting Star that was formed on 27th.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,203
  • Jan 9, 2018 2:39pm Jan 9, 2018 2:39pm
Am out out of NZDUSD and AUDUSD long. I was informed by EURUSD short below resistance
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,204
  • Jan 9, 2018 2:58pm Jan 9, 2018 2:58pm
Quoting 9jatrader
How will resistance 90.078 respond to the the strong trend. It was based on the daily middle band and 4hr upper band {image}
Resistance, 80.042 has intercepted the bulls. Am out also
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,205
  • Edited Jan 10, 2018 1:05am Jan 9, 2018 3:04pm | Edited Jan 10, 2018 1:05am
Quoting 9jatrader
I just lost my second positions on USDCAD long. Maybe for scalping short, but nothing has changed on the monthly- strong Pin Bar
I Started big picture analyses today.
Not finnish with all pairs yet.
Ucad is a bit special.
It s a very nice reacting pair in my analyses what includes a 10 and a 50 ma weekly and monthly.
The pinbar in monthly .. long wick and body above 50 Ema) get tested again and this is the only reason why I don t short it like hell.

May be next week.. depends on the momentum.
Risiko birgt immer auch die Chance.
  • #2,206
  • Jan 9, 2018 3:24pm Jan 9, 2018 3:24pm
Quoting Sesamstrasse
{quote} I Started big picture analyses today. Not finnish with all pairs yet. Ucad is a bit special. It s a very nice reacting pairs with my analyses what includes a 10 and a 50 ma weekly and monthly. The pinbar in monthly .. long wick and body above 50 Ema) get tested again and this is the only reason why I don t short it like hell. May be next week.. depends on the momentum.
That's great. Hope to use the daily and 4hr to join the bulls for early entry
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,207
  • Jan 10, 2018 9:06am Jan 10, 2018 9:06am
Quoting 9jatrader
{quote} The entry had been long, since 28th September- the Shooting Star that was formed on 27th.
By the way 9jatrader,once you have set up going your way,do you have a way of taking profits?
Kim
  • #2,208
  • Jan 10, 2018 12:53pm Jan 10, 2018 12:53pm
Quoting alexkimke
{quote} By the way 9jatrader,once you have set up going your way,do you have a way of taking profits?
Yes. Good exit is as good as entry otherwise we give back the entire profit to Forex market. I monitor the last and clearly visible resistance- for long positions. Sometimes I adjust when exit when interrupted by another resistance before my exit. Just see what has happened a day after I closed my AUDJPY long.
My exit was set on the last resistance,90.090. But yesterday it was interrupted by resistance, 89.040
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,209
  • Jan 10, 2018 12:58pm Jan 10, 2018 12:58pm
Price has reacted to the level and crashed it. I believe i reported the AUDJPY adjustment yesterday. Am neither long nor short on the pair. Market is going into consolidation. I just have to stay away from overconfidence.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,210
  • Jan 10, 2018 1:11pm Jan 10, 2018 1:11pm
Quoting 9jatrader
{quote} Yes. Good exit is as good as entry otherwise we give back the entire profit to Forex market. I monitor the last and clearly visible resistance- for long positions. Sometimes I adjust when exit when interrupted by another resistance before my exit. Just see what has happened a day after I closed my AUDJPY long. My exit was set on the last resistance,90.090. But yesterday it was interrupted by resistance, 89.040
simple and well explained.Our fear is not to give back our profits to the market or getting out earlier before the whole move is complete
Kim
  • #2,211
  • Jan 10, 2018 2:15pm Jan 10, 2018 2:15pm
Quoting 9jatrader
Am loosing ground on CADCHF short position. If the resistance level, 0.79538 I know I was wrong in holding on
It has formed bullish bias again on the zone, resistance 0.78769
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,212
  • Jan 10, 2018 2:16pm Jan 10, 2018 2:16pm
The weekly not doing bad is it finally closes like this or better
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,213
  • Jan 10, 2018 3:26pm Jan 10, 2018 3:26pm
I finally closed USDJPY short formed long ago with Shooting Star
Today's candle was too big. Market is oversold on the shorter TF and so may be forming small bullish candles
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,214
  • Edited 5:24pm Jan 10, 2018 3:37pm | Edited 5:24pm
Shooting Star was able to shoot the pair down, not bold enough to wait to my target. Not bad, 236 pips and better lot
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,215
  • Edited 5:56pm Jan 10, 2018 5:39pm | Edited 5:56pm
I was looking for what was responsible for the strong crash of USDJPY
Solution for my search. I just found this. I benefited from the strong move. Hope to jump in again
https://www.babypips.com/news/dollar...halt-bond-buys
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,216
  • Jan 10, 2018 8:53pm Jan 10, 2018 8:53pm
Ok thanks for that mate appreciate it
  • #2,217
  • Jan 11, 2018 2:32am Jan 11, 2018 2:32am
Quoting darbz
Ok thanks for that mate appreciate it

Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,218
  • Jan 11, 2018 2:45am Jan 11, 2018 2:45am
Quoting 9jatrader
USDCAD is gradually forming consolidation support; one of my positions sl not triggered yet. Hope to join again with daily middle band and 4hr upper band for early entry.
I decided to cautiously join the bulls on daily and 4hr upper band.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,219
  • Jan 11, 2018 2:46am Jan 11, 2018 2:46am
Cautious because the daily is still right below the middle band, but moving out of consolidation
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
  • #2,220
  • Jan 11, 2018 2:57am Jan 11, 2018 2:57am
What made me to take the high risk game on USDCAD is the fact that it reacted to 1.2422, July 2017 support and 4hr closed above the upper band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -77.5%
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