28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions

Quoting osjoe2

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Red GBP news this morning, was able to grab 45 pips. I like to make sure price action doesn't whipsaw between bulls and bears before jumping in. Up 115 pips for the week and I should be able to grab another 20 or more tomorrow {image}

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Quoting osjoe2

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Maybe you dont have the latest version? Check in the indicator settings that the option is set to true. {image}

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Quoting osjoe2

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I'm using Bernhard's Advanced Supply and Demand Indicator, so it looks like we are using different indicators. The one I am using is found here. https://www.mql5.com/en/market/product/20582

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Quoting dewdrops

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{quote} This is what I got and it doesn't have that option {image}

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Quoting osjoe2

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I'm using Bernhard's Advanced Supply and Demand Indicator, so it looks like we are using different indicators.

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Quoting osjoe2

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Today was difficult. Here is a loss from this morning on GBPJPY M15, was in profit 30 pips and should have taken it, didn't worry about the retrace because I was in HT trend but it retraced too much. {image}

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Quoting Bernhard

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{quote} On Mondays expect a weak Market. Continuations of trend happen then on Tuesdays. Do not use fix pip numbers for SL. If you feel the risk is too much reduce by half your position size and give more room for the trade. Now: think of what reason you had to place the SL at this price? The rules are keep your SL behind a high or low or supply/demand. There are sellers or buyers so those levels should not break if you are right with your analysis...

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Quoting osjoe2

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{quote} Thanks Bernhard for the information.. Some more trades this evening... It's nice when you get to match impulse with bounce off a supply or demand zone, the confluence between the two gives you extra confidence about the trade. USDJPY, 60 pips, price rejected off pivot & supply zone, took trade on JPY impulse after close of signal candle. {image} AUDJPY 30 + 13 pips, price action again rejected off supply zone, took trade on JPY impulse. Set TP at higher timeframe demand zone. {image} NZDUSD 21 pips, was consilidating at a demand zone before...

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Quoting osjoe2

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{quote} Thanks Bernhard for the information.. Some more trades this evening... It's nice when you get to match impulse with bounce off a supply or demand zone, the confluence between the two gives you extra confidence about the trade. USDJPY, 60 pips, price rejected off pivot & supply zone, took trade on JPY impulse after close of signal candle. {image} AUDJPY 30 + 13 pips, price action again rejected off supply zone, took trade on JPY impulse. Set TP at higher timeframe demand zone. {image} NZDUSD 21 pips, was consilidating at a demand zone before...

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Quoting dewdrops

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{quote} Did you look at higher TF before taking these trades? USDJPY and AUDJPY were both showing buy trend on 1hr TF (that's default HTF for 15m chart). I was following the market at that time but didn't trigger as they were contrary to HTF. Confused now

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Quoting FxSwordfish

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I now trade deviations exclusively. A simple tool that highlights the large deviations of tow currency strengths is shown in my chart. In my opinion, retracement at the extremes is the most predictable setup. Often it leads to reversal of trend when you get lucky. Scanner can be a big help. You may add channels, harmonic patterns, supply demand or critical volume to support the reversal setup. {image}

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