Hero for the coming week | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Free Grid EA Ikarus - From zero to hero 2,795 replies

from $300 to $1mln using M1 timeframe - another online hero 60 replies

From Zero to Hero ? Trade with balance $2,3 3 replies

Zero to Hero - Ģ250 to Ģ2500 in one week 7 replies

My 60 day challenge (Yes i know another hero...) 110 replies

Attachments: Hero for the coming week
Exit Attachments

Hero for the coming week

  • #1
  • First Post: Edited 3:28pm Jan 14, 2018 2:55am | Edited 3:28pm
Welcome to that place.


Itīs related to a big picture view/top down analyses.
Which pairs to pick for the coming week.

Itīs not a system what I show up here, itīs homework.


I trade this analyses with different styles or systems.

Keep it simple, a bit sarcasm is totally okay -- starting with my nickname


This is how I do:

1. We start with a monthly naked candle chart.
2. We click to line chart and mark the tips with a dark orange line.
3. We switch to weekly chart and put again on the tips dark purple lines.
- If there are already dark orange lines, there is no need to draw additional a purple one.

Most important is to keep it as clean as possible.
Iīm limited it to 2 MAīs.

The secret indicator settings are:
Moving average 10 Exponential Close grey
50 Exponential Close saddle brown
both Shift 0

.. that easy...

I do every weekend my homework when the markets are closed.
My analyses for this pair in my Excel sheet is:

Instrument: EA
Monthly: Retrace candle above 10 and 50
Weekly: Bullish
Impression: 350 pips empty space, retested support
Plan of trade: Look for buy entry, final TP around 15650
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDcMonthly plane.png Size: 31 KB
Click to Enlarge Name: EURAUDcMonthly.png Size: 22 KB
Click to Enlarge Name: EURAUDcMonthly tips.png Size: 21 KB
Click to Enlarge Name: EURAUDcWeekly line chart.png Size: 24 KB
Click to Enlarge Name: EURAUDcWeekly.png Size: 31 KB
Risiko birgt immer auch die Chance.
  • #2
  • Jan 14, 2018 10:01am Jan 14, 2018 10:01am
Hi Sesamstrasse, that's a very interesting forecast and also, an interesting use of the line charts. You have mentioned your target zone. Can you explain where your stop is?
Thanks for your forecast, and keep up your excellent work
  • #3
  • Jan 14, 2018 10:41am Jan 14, 2018 10:41am
Quoting Jordi
Hi Sesamstrasse, that's a very interesting forecast and also, an interesting use of the line charts. You have mentioned your target zone. Can you explain where your stop is? Thanks for your forecast, and keep up your excellent work
Hello Jordi..
This Big picture view shows a possible range to trade and the direction basicly.

It depends a bit on everybodies system where they place their stop and where to jump on the train.

A "safety-line" is a 2,5 ATR 100 daily.
In this case around 275 pips for that pair.

BUT:
If you mark a price "today" and the pair retraces 100 pips(30-40%) on monday--
You jump in on tuesday, you can upsize your order around 30-40% and have the same initial risk.

Itīs up to everybody how he uses this information for his trading.

Guido
Risiko birgt immer auch die Chance.
  • #4
  • Jan 14, 2018 2:59pm Jan 14, 2018 2:59pm
Quoting Sesamstrasse
{quote} Hello Jordi.. This Big picture view shows a possible range to trade and the direction basicly. It depends a bit on everybodies system where they place their stop and where to jump on the train. A "safety-line" is a 2,5 ATR 100 daily. In this case around 275 pips for that pair. BUT: If you mark a price "today" and the pair retraces 100 pips(30-40%) on monday-- You jump in on tuesday, you can upsize your order around 30-40% and have the same initial risk. Itīs up to everybody how he uses this information for his trading. Guido
i like your Big picture view idea and you mentioned homework, glad to see something new here lol
thanks for thread, subscribed. Take care
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #5
  • Jan 14, 2018 3:12pm Jan 14, 2018 3:12pm
Quoting SkullCandy
{quote} i like your Big picture view idea and you mentioned homework, glad to see something new here lol thanks for thread, subscribed. Take care

Thx SC for the kind words..
But it was really not my Idea to develop this kind of analyses.
I learned it from Emm and he learned from another trader.
I just use it since about a year and it makes trading much more easy.
Stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #6
  • Edited 3:13pm Jan 21, 2018 11:44am | Edited 3:13pm
Here we go, outview for the coming week.

Top picks are GN and GA (chose one).
With a "tight" SL around 200-240 pips and empty space to around 1.9620 (around 600 pips)
I really like the pinbar from last week what couldn t close below the 18814 level what was a strong resistance last spring.


I like AJ as well but it needs a breakout before Iīd join the bulls.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPYcWeekly.png Size: 32 KB
Click to Enlarge Name: GBPNZDcWeekly.png Size: 39 KB
Click to Enlarge Name: GBPAUDWeekly.png Size: 44 KB
Risiko birgt immer auch die Chance.
  • #7
  • Jan 21, 2018 1:06pm Jan 21, 2018 1:06pm
Quoting Sesamstrasse
Here we go, outview for the coming week. Top pick are GN and GA (pick one). With a "tight" SL around 200-240 pips andempty space to around 1.9620 (around 600 pips) I really like the pinbar from last week what couldn t close below the 18814 level what was a strong resistance last spring. I like AJ as well but it needs a breakout before Iīd join the bulls. {image} {image} {image}
Great job
AJ just needs time for consolidation before making setup. It's going to make great setup. Am scared going bullish unless the high price 90.114 is broken which formed resistance. It was a great ride up.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #8
  • Jan 23, 2018 9:37am Jan 23, 2018 9:37am
Hi Sesamstrasse,

this week one of my favs is also EURAUD, weekly schows uptrend after bigger retrace, blue rectancle shows empty space, when close with daily in the rectangle will see to get into it.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD monthly.JPG Size: 68 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD weekly.JPG Size: 72 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD daily.JPG Size: 141 KB


best regards
  • #9
  • Jan 23, 2018 6:13pm Jan 23, 2018 6:13pm
Euraud negotiation for London opening

in case of opening 1,545, swingtrade until friday 16PM in london Or not order expired in 24h
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_4.png Size: 58 KB
  • #10
  • Jan 23, 2018 7:15pm Jan 23, 2018 7:15pm
Here is a hero for weeks but someone was bias in buying USD...
when mixing poor understanding of the Fundamentals and Technicals and what market sentiments.

Simple raw price action with candlesticks and the secret (if there is one) is CONSISTENCY in an approach, be DISCIPLINE in trading.

Trade the price when there is MOMENTUM when it moves.

Know when the market is in sideways range trading and in consolidation, and trade with a system built for trading sideways ranging market type.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 04 update Jan 24.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #11
  • Jan 24, 2018 12:54am Jan 24, 2018 12:54am
Quoting Miran.fx
Euraud negotiation for London opening in case of opening 1,545, swingtrade until friday 16PM in london Or not order expired in 24h {image}
In this case I can t see a invalidation of EA long.
SL isn t hit, not nearly ^^
There may times when the weekly and monthly overview stocks but all in all they play out.
Risiko birgt immer auch die Chance.
  • #12
  • Jan 24, 2018 12:59am Jan 24, 2018 12:59am
Quoting emmanuel7788
Here is a hero for weeks but someone was bias in buying USD... when mixing poor understanding of the Fundamentals and Technicals and what market sentiments. Simple raw price action with candlesticks and the secret (if there is one) is CONSISTENCY in an approach, be DISCIPLINE in trading. Trade the price when there is MOMENTUM when it moves. Know when the market is in sideways range trading and in consolidation, and trade with a system built for trading sideways ranging market type. {image}

Hi Emm.
You re very welcome with your knowledge here.

Stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #13
  • Jan 24, 2018 5:28am Jan 24, 2018 5:28am
Quoting emmanuel7788
Here is a hero for weeks but someone was bias in buying USD... when mixing poor understanding of the Fundamentals and Technicals and what market sentiments. Simple raw price action with candlesticks and the secret (if there is one) is CONSISTENCY in an approach, be DISCIPLINE in trading. Trade the price when there is MOMENTUM when it moves. Know when the market is in sideways range trading and in consolidation, and trade with a system built for trading sideways ranging market type. {image}
He must be the greatest trader of all time
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #14
  • Jan 24, 2018 3:51pm Jan 24, 2018 3:51pm
today I also like USDCAD with a nice close out of the range on daily and some room to go down, here only the weekly chart:

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.JPG Size: 64 KB


, other majors doesn't make a retrace to set and calculate SL on it

regards
  • #15
  • Jan 25, 2018 1:10am Jan 25, 2018 1:10am
Quoting Deichkind
today I also like USDCAD with a nice close out of the range on daily and some room to go down, here only the weekly chart: {image} , other majors doesn't make a retrace to set and calculate SL on it regards
Excellent!
I took it also this morning, when I saw my GN trade made 250 pips overnight and gave me some free margin.

stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #16
  • Jan 26, 2018 1:23am Jan 26, 2018 1:23am
Good Morning,

I think EURAUD will come today or next week into our focus, nice empty space to go up on weekly/monthly. I've entered it today in the morning, will see how it works out.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.JPG Size: 61 KB


have a nice weekend!

best regards
Thorsten
  • #17
  • Jan 28, 2018 2:41pm Jan 28, 2018 2:41pm
A very interesting thread. I will be reading here regularly.
Cheers...
  • #18
  • Edited Jan 29, 2018 3:11am Jan 28, 2018 3:15pm | Edited Jan 29, 2018 3:11am
Here we go:

My weekly top down analyses defined 2-3 interesting pairs.

My "Top Picks" this week are
AN long around 112 and Ucad short around 12150 final TPīs


Stay tuned
Guido

Quoting jansb000
A very interesting thread. I will be reading here regularly. Cheers...
Thx Jan for the kind words.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADcWeekly.png Size: 48 KB
Click to Enlarge Name: AUDNZDcWeekly.png Size: 53 KB
Risiko birgt immer auch die Chance.
  • #19
  • Jan 29, 2018 2:58am Jan 29, 2018 2:58am
Quoting Trader-Waldo
short AUDUSD {image}
Short in an uptrend?
for what reason?
Risiko birgt immer auch die Chance.
  • #20
  • Jan 29, 2018 3:06am Jan 29, 2018 3:06am
Quoting Trader-Waldo
{quote} because of supply last week (on 25th and 26th). trend is up but current PA is down
How long is it down,. please define a way, should be valid for the week.

Guido
Risiko birgt immer auch die Chance.
0 traders viewing now