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Simple and profitable trading style

  • #2,461
  • Feb 18, 2018 1:28pm Feb 18, 2018 1:28pm
Quoting Sesamstrasse
After my weekly top down analyses I found one matching pair, what is also my "Top Pick" of the coming week. I use it only in Weekly outcast and daily entry. NJ is the focused instrument, weekly middle band crossed and stable closed. Guido {image}
Correct. Still holding my NZDJPY short.

Quoting 9jatrader
Sometimes strong setup forms at the wrong time and place. That was the setup AUDJPY- strong Pin Bar on Support. This type of setup I hardly ignore. But I have to stay away from this one because it was formed at the bottom of bears. It would have been greater setup if market was ranging/sideways before the formation. {image}
Am also using the AUDJPY to hold on to the position, hope to use it to exit. The AUDJPY strong Pin Bar remains invalid in spite of being a strong setup. Bollinger upper and lower bands are too far apart. It has high probability to break below the low price of the Pin Bar
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,462
  • Feb 18, 2018 1:45pm Feb 18, 2018 1:45pm
I felt the strong Hammer on EURUSD would fly the pair. Last Friday's movement seems sending the pair to sideways again. I remain bullish, though was considering hedging it. I would not do that. SL should determine when am wrong
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,463
  • Feb 19, 2018 2:53am Feb 19, 2018 2:53am
EURAUD gradually making downward move
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,464
  • Edited 3:17am Feb 19, 2018 3:06am | Edited 3:17am
I use the second fact to track the movement of pairs: "The more often S/R area is retested without breaking it the more stronger the area of S/R, This what I learned when I started learning from the great guys: https://www.babypips.com/learn/forex/support-and-resistance
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,465
  • Feb 19, 2018 3:14am Feb 19, 2018 3:14am
Quoting 9jatrader
{quote} AUDCAD is breaking out of the tight corner between the SMA and Bollinger middle band. If it closes well like this I might join the bulls. Still bactesting/backchecking their interaction
I thought I joined the AUDCAD bulls, only to find that I did not. No regret any way.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,466
  • Feb 19, 2018 3:25am Feb 19, 2018 3:25am
Quoting 9jatrader
I use the second fact to track the movement of pairs: "The more often S/R area is retested without breaking it the more stronger the area of S/R, This what I learned when I started learning from the great guys: https://www.babypips.com/learn/forex/support-and-resistance
Sorry the babypips page not showing here.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,468
  • Feb 19, 2018 6:01am Feb 19, 2018 6:01am
Quoting 9jatrader
EURAUD gradually making downward move
I decided to check what the correlated pair, EURNZD is doing. It's interesting that it has crossed both the middle band and SMA on Friday and the 4hr closed below lower band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,469
  • Feb 19, 2018 10:00am Feb 19, 2018 10:00am
Quoting 9jatrader
I felt the strong Hammer on EURUSD would fly the pair. Last Friday's movement seems sending the pair to sideways again. I remain bullish, though was considering hedging it. I would not do that. SL should determine when am wrong
Yes. I went long on EU on Friday morning after seeing the setup but I got stopped out.
  • #2,470
  • Feb 23, 2018 5:36am Feb 23, 2018 5:36am
@9jatrader, I was wondering.

Using this trading strategy, how many trade setups a month do you notice on average?

I'm trying to develop a trading plan with this as the few trades I've done with it are fairly consistent.
  • #2,471
  • Mar 2, 2018 3:28am Mar 2, 2018 3:28am
Quoting atmokupe
@9jatrader, I was wondering. Using this trading strategy, how many trade setups a month do you notice on average? I'm trying to develop a trading plan with this as the few trades I've done with it are fairly consistent.
We don't need to focus on how many trades we can get, but strategies. We have to be patient to wait for our strategy to catch the move
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,472
  • Mar 2, 2018 5:23am Mar 2, 2018 5:23am
Quoting 9jatrader
The interaction of Bollinger Middle band and the SMA adds to more confirmation. I will not start another thread, but hope to share all the backtests here also- where I could have got in early. Still checking the positions I mised
Hello 9jatrader,

What settings are you using for the sma. ? Is this part the trading strategy you have added from post 1.

Sarju
  • #2,473
  • Mar 4, 2018 6:51am Mar 4, 2018 6:51am
Quoting sradia
{quote} Hello 9jatrader, What settings are you using for the sma. ? Is this part the trading strategy you have added from post 1. Sarju
It's sma 14.....
  • #2,474
  • Mar 4, 2018 10:00am Mar 4, 2018 10:00am
Thank you fxenthusiast
  • #2,475
  • Mar 9, 2018 12:30pm Mar 9, 2018 12:30pm
Quoting fxenthusiast
{quote} It's sma 14.....

You're correct. Thanks for king reply to his questions. My city had been out of power since 19th February; heavy rain fell our transmission line; it has been hell for us. Power restored now. Businesses almost down and had been only online occasionally.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,476
  • Mar 10, 2018 11:10am Mar 10, 2018 11:10am
Strong bullish engulfing on AUDJPY
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,477
  • Mar 10, 2018 11:17am Mar 10, 2018 11:17am
Inserted Video


Hey guys,
this is my trading strategy. its very profitable. try this, let me know the results. ok y u get signaou need

10 ema
21 ema
50 ema
100 ema

all them should be in line to place trade. i use 4h,1h,15min combination. so when its in line perfectly on 4hr check 1hr if its inline aswell or not,if they both then go to 15 min to place trade ,exit when 10 ema crosses 21 ema on 15 min. also look out for daily atr aswell,lets say daily range 100 pips on that particular pair u trading,if u get signal aftar it already moved over 50 pips,avoide that trade,u need some breathing room as it is day trading system.

for a SELL trade it should be 10 EMA at the bottom, 21 EMA above it, 50 EMA above 21 EMA and 100 EMA at the top.
For a BUY trade it should be 100 EMA at the bottom, 50 EMA above it, 21 EMA above the 50 EMA and 10 EMA at the top.
The exit is when, quote,when 10 ema crosses 21 ema on 15 min

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-03-09_1940.png Size: 81 KB
  • #2,478
  • Mar 12, 2018 12:43pm Mar 12, 2018 12:43pm
Quoting mzq
https://www.youtube.com/watch?v=llkBgjvZfdQ&t=158s Hey guys, this is my trading strategy. its very profitable. try this, let me know the results. ok y u get signaou need 10 ema 21 ema 50 ema 100 ema all them should be in line to place trade. i use 4h,1h,15min combination. so when its in line perfectly on 4hr check 1hr if its inline aswell or not,if they both then go to 15 min to place trade ,exit when 10 ema crosses 21 ema on 15 min. also look out for daily atr aswell,lets say daily range 100 pips on that particular pair u trading,if...
I wish you good luck
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,479
  • Mar 12, 2018 12:53pm Mar 12, 2018 12:53pm
Maybe you can share some of the positions you have taken and the ones you wish to take with the strategy
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #2,480
  • Mar 12, 2018 4:17pm Mar 12, 2018 4:17pm
Quoting 9jatrader
Sometimes strong setup forms at the wrong time and place. That was the setup AUDJPY- strong Pin Bar on Support. This type of setup I hardly ignore. But I have to stay away from this one because it was formed at the bottom of bears. It would have been greater setup if market was ranging/sideways before the formation. {image}
Sometime ago I pointed out the strong setup formed at the wrong time and place. I decided to follow up. Here has been the movement so far.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpyw.png Size: 40 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
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