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SAFE - KISS

  • #341
  • Feb 13, 2018 7:36pm Feb 13, 2018 7:36pm
Twould appear these pull-backs could go further than first suspected. With this in mind I have redrawn the daily trend lines to reflect this.
I probably confused y'all drawing the "Tentative" lines a couple of days ago.
Sometimes these early pull-backs can be quite pronounced.

As with SLs you have to give the lines room to breath.
EG: The green lines on this pick.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDDaily.png Size: 37 KB
Conventional trading is for losers
  • #342
  • Feb 13, 2018 7:39pm Feb 13, 2018 7:39pm
Quoting Ralffe
Twould appear these pull-backs could go further than first suspected. With this in mind I have redrawn the daily trend lines to reflect this. I probably confused y'all drawing the "Tentative" lines a couple of days ago. Sometimes these early pull-backs can be quite pronounced. As with SLs you have to give the lines room to breath. EG: The green lines on this pick. {image}
Dailies as they stand at present. Price probably wont reach to them but may come close with some.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 30 KB
Click to Enlarge Name: XAUUSDDaily.png Size: 34 KB
Click to Enlarge Name: AUDUSDDaily.png Size: 32 KB
Conventional trading is for losers
  • #343
  • Feb 13, 2018 7:42pm Feb 13, 2018 7:42pm
Quoting chonchy
...Very good system Sir Ralffe. subscribed....
Welcome chonchy
You can even try your scalping in the 5m & 15m with this system. But for minimal screen time the Daily is the way to go
Conventional trading is for losers
  • #344
  • Feb 13, 2018 10:14pm Feb 13, 2018 10:14pm
Maybe a bit late for most pairs but the AU has more to offer. Next 4H candle should give an add on entry for this retrace.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 28 KB
Conventional trading is for losers
  • #345
  • Feb 14, 2018 2:21am Feb 14, 2018 2:21am
Hello,

as i wrote yesterday i am short on nzdusd, what do you think Ralffe?
I put a screenshot where i wrote some question about the chart, i really like this strategy!
Thanks for your time,

Mirko
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #346
  • Feb 14, 2018 2:29am Feb 14, 2018 2:29am
Quoting Ralffe
Maybe a bit late for most pairs but the AU has more to offer. Next 4H candle should give an add on entry for this retrace. {image}
Ralffe, i suppose you are short on daily TF, so if the H4 gives you a setup for long trade, you will go also long? So will you be short on daily and long on h4? Hedging?

Thanks,
Mirko
  • #347
  • Feb 14, 2018 2:31am Feb 14, 2018 2:31am
One more question, I don't want to bother too much.
Regarding audusd, based on daily TF, i am waiting for this TL to be broken and one more candle that closes below it without touching it, and i will go short. May you conferm?

THANKS!
Mirko
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB
  • #348
  • Feb 14, 2018 2:51am Feb 14, 2018 2:51am
I see that also bitcoin/usd is playing well until now with this amazing strategy. Here is my analisys, let me know, please, what do you think!

Thanks,
Mirko
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 89 KB
  • #349
  • Feb 14, 2018 3:12am Feb 14, 2018 3:12am
Quoting okrim
{quote} Ralffe, i suppose you are short on daily TF, so if the H4 gives you a setup for long trade, you will go also long? So will you be short on daily and long on h4? Hedging? Thanks, Mirko
Correct
I have now closed all my hedge trades. Waiting for next moves
Conventional trading is for losers
  • #350
  • Feb 14, 2018 3:14am Feb 14, 2018 3:14am
Quoting okrim
Hello, as i wrote yesterday i am short on nzdusd, what do you think Ralffe? I put a screenshot where i wrote some question about the chart, i really like this strategy! Thanks for your time, Mirko {image}
Correct
Check post 341
Conventional trading is for losers
  • #351
  • Feb 14, 2018 3:51am Feb 14, 2018 3:51am
Quoting okrim
One more question, I don't want to bother too much. Regarding audusd, based on daily TF, i am waiting for this TL to be broken and one more candle that closes below it without touching it, and i will go short. May you conferm? THANKS! Mirko {image}
Yes but Nothing to confirm the AU yet. You may get in a little higher.?
Conventional trading is for losers
  • #352
  • Feb 14, 2018 3:54am Feb 14, 2018 3:54am
Quoting okrim
I see that also bitcoin/usd is playing well until now with this amazing strategy. Here is my analisys, let me know, please, what do you think! Thanks, Mirko {image}
Looks good to me. Best not to jump the gun though.
Conventional trading is for losers
  • #353
  • Feb 14, 2018 3:59am Feb 14, 2018 3:59am
Ummmm at the moment I am wondering if I am in some sort of weird fantasy pip appearing land...

Considering that following Ralffe's system I am now looking at the charts once per day for about max an hour then switching off, this is so far amazing. I never made these pips In a week spending all day at the screen I don't go down into 4 hours or 1 hours as I know if I do I'll be back to burning my eyeballs out. Maybe I'll regret that but presently I'm happy to learn from Ralffe and stick on daily only.

Demo account, and no account is taken for margin or exposure to a particular currency.
I'm just testing and going with my lines and learning how to move them to protect gains... the key practice part for me. So far though...
Attached Image (click to enlarge)
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  • #354
  • Feb 14, 2018 4:11am Feb 14, 2018 4:11am
Quoting courtneywild
Ummmm at the moment I am wondering if I am in some sort of weird fantasy pip appearing land... Considering that following Ralffe's system I am now looking at the charts once per day for about max an hour then switching off, this is so far amazing. I never made these pips In a week spending all day at the screen I don't go down into 4 hours or 1 hours as I know if I do I'll be back to burning my eyeballs out. Maybe I'll regret that but presently I'm happy to learn from Ralffe and stick on daily only. Demo account, and no account is taken for margin...
Well done.
There will be times of congestion when you will think WTF? & make nothing all week, but if played correctly you will also lose nothing & that's a win in itself.
Conventional trading is for losers
  • #355
  • Feb 14, 2018 4:20am Feb 14, 2018 4:20am
Hi Ralffe

Can you help me with this pair.

I entered short on the 4th bar back from current. I placed my stop just above the last swing high (green line). Is this a correct entry?

Also regarding the downward trend line (red) currently it is still attached to the last swing high as there is not another swing high formed to move it down to. Given the pair is now well in profit what do I do regarding moving down the stop loss as no new swing high has formed. Or do I still keep the trend line attached to the original swing high. I'm just thinking there is a large amount of potential give back up to the current red line. Thank you for any insight
Attached Image (click to enlarge)
Click to Enlarge Name: stop loss.jpg Size: 129 KB
  • #356
  • Feb 14, 2018 4:20am Feb 14, 2018 4:20am
Is the EU trying to make a break South??
Be careful. There appears to be a wave short. This could be wave 4 of the retrace up.
Do not go short until the Daily confirms.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 33 KB
Conventional trading is for losers
  • #357
  • Edited 6:31am Feb 14, 2018 6:14am | Edited 6:31am
Here is a screenshot from my desktop showing my position. The purple line is from the daily time frame in which I have moved to the next swing after taking this screenshot. Thanks Raffle for sharing your way of using trend lines. The way you use them takes away the subjectivity of angled trend lines.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2018-02-14 06-05-50.jpg Size: 139 KB
  • #358
  • Feb 14, 2018 7:02am Feb 14, 2018 7:02am
Quoting Ralffe
Twould appear these pull-backs could go further than first suspected. With this in mind I have redrawn the daily trend lines to reflect this. I probably confused y'all drawing the "Tentative" lines a couple of days ago. Sometimes these early pull-backs can be quite pronounced. As with SLs you have to give the lines room to breath. EG: The green lines on this pick. {image}
Hi Ralffe, thanks for you answers, looking at your chart, i wonder why you did not use this last swing high to fix the TL?
Thanks,

Mirko
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #359
  • Feb 14, 2018 7:12am Feb 14, 2018 7:12am
Wow, i feel very happy I found this powerful strategy. It seems a dream, I will stick with you Ralffe. I really like it, also because using daily TF i don't have to bother myself with monitor checking all the day long, I can enjoy my life while I am making green pips. I think with this strategy we can check the charts once per day, just around the end of the day. AMAZING.
I hope you continue to help us to better understand and to make together analisys along the way.



Mirko
  • #360
  • Feb 14, 2018 7:15am Feb 14, 2018 7:15am
Quoting FXChaser
Here is a screenshot from my desktop showing my position. The purple line is from the daily time frame in which I have moved to the next swing after taking this screenshot. Thanks Raffle for sharing your way of using trend lines. The way you use them takes away the subjectivity of angled trend lines. {image}
Hi, I am short with you. When i saw your chart i thought the trendline was too steep, then i realized that it appears like that because you made a zoom out, more you zoom in and more flat they appear.

Happy pips,
Mirko
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 36 KB
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