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  • Post #581
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  • Feb 28, 2018 7:57pm Feb 28, 2018 7:57pm
  •  Ralffe
  • | Commercial Member | Joined Jul 2017 | 660 Posts
Quoting sa12uk
Disliked
USDCHF D1 Trendline has broken to the upside but I am very worried that the next candle is in a clear resistance zone on the daily chart. Are my trendlines matching other peoples and what are your thoughts on the trade? Cheers {image}
Ignored
Line is correct. You should be in this trade now.
Conventional trading is for losers
 
2
  • Post #582
  • Quote
  • Feb 28, 2018 8:01pm Feb 28, 2018 8:01pm
  •  diamonddbw
  • Joined Sep 2010 | Status: Member | 2,013 Posts
Quoting Ralffe
Disliked
{quote} No mate you got that wrong. See pic. Both yellow lines did not qualify cos all candles are crossed by the lines. So when price moved again a wave formed & the line "red" was moved UP. This is almost always a good sign a trend change is imminent. {image}
Ignored
+++++++++++++++++++++

OK, fair enough. I stand corrected. Thank You.
 
 
  • Post #583
  • Quote
  • Feb 28, 2018 8:04pm Feb 28, 2018 8:04pm
  •  diamonddbw
  • Joined Sep 2010 | Status: Member | 2,013 Posts
Quoting Ralffe
Disliked
{quote} I don't like it. Both are being driven down by the DXY so where can it go.???? {image}
Ignored
+++++++++++++++++++++++++

In response to post #580: Good point.
 
 
  • Post #584
  • Quote
  • Feb 28, 2018 8:35pm Feb 28, 2018 8:35pm
  •  earlroy63
  • Joined Oct 2012 | Status: Member | 518 Posts
EURAUD on M30 Re: Aussie Red News
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Nice Pips. Not my typical TF but was news trading.
Thanks Ralffe

Roy
 
1
  • Post #585
  • Quote
  • Feb 28, 2018 9:55pm Feb 28, 2018 9:55pm
  •  joeTrue
  • | Joined Sep 2008 | Status: Member | 45 Posts
Hi Ralffe, everyone

This is my first post in this thread, have been following and read the whole thread from page 1. First of all, a big thanks for sharing your trade strategy with us and all the effort in making the videos. I have traded with other strategies with indicators, MA and lines all over the place, but just couldn't trade them right, may be its me who can't read them right. This strategy is easy to follow and easy to understand, will be closely following here.

I started a fresh demo account slightly more than a week ago with the aim just to put in $1000 real money in the mid of march so have been testing it with 0.01 lots. Attached are the results. Just adjusted the SL of some of the bigger winners so that if the trade goes against me, at least I lock in a tiny profit than loss.
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2
  • Post #586
  • Quote
  • Feb 28, 2018 10:05pm Feb 28, 2018 10:05pm
  •  sam69
  • Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
...anybody short gu?
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Money is made by sitting, not trading. Jesse L. Livermore
 
 
  • Post #587
  • Quote
  • Feb 28, 2018 10:10pm Feb 28, 2018 10:10pm
  •  sam69
  • Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
Quoting brath
Disliked
UJ HMMMMM waiting {image}
Ignored
...same ...

Quote
Disliked
joeTrue
Hi Ralffe, everyone

This is my first post in this thread, ...

Money is made by sitting, not trading. Jesse L. Livermore
 
 
  • Post #588
  • Quote
  • Edited 2:15am Mar 1, 2018 2:02am | Edited 2:15am
  •  Guitarbloke
  • Joined May 2011 | Status: Member | 1,232 Posts
AUD/USD D1.

Sam, i'm not in G/U yet, but might be later. I'm waiting for the next daily candle. Good luck. Welcome Joe.

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Undisciplined, impatient and unruly. Don't follow me kid.
 
 
  • Post #589
  • Quote
  • Mar 1, 2018 3:49am Mar 1, 2018 3:49am
  •  okrim
  • | Joined Jul 2014 | Status: Member | 143 Posts
Hello everyone,

i have been busy for some days and i see a lot of new people/posts here, very nice!

Here are my trades / analisys, let's see how they go,

Mirko
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2
  • Post #590
  • Quote
  • Mar 1, 2018 4:07am Mar 1, 2018 4:07am
  •  sa12uk
  • | Joined Feb 2018 | Status: Member | 28 Posts
Quoting Ralffe
Disliked
{quote} No mate you got that wrong. See pic. Both yellow lines did not qualify cos all candles are crossed by the lines. So when price moved again a wave formed & the line "red" was moved UP. This is almost always a good sign a trend change is imminent. {image}
Ignored
So it was correct to move the line up to where the red line is now? At least as far as being correct in a discretionary system can be obviously
 
 
  • Post #591
  • Quote
  • Mar 1, 2018 4:46am Mar 1, 2018 4:46am
  •  Guitarbloke
  • Joined May 2011 | Status: Member | 1,232 Posts
EUR/USD D1.

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XAU/USD D1

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Mirko, looks like you're killing it! All the best to you.

Good luck Sa12.

Greg
Undisciplined, impatient and unruly. Don't follow me kid.
 
2
  • Post #592
  • Quote
  • Mar 1, 2018 5:16am Mar 1, 2018 5:16am
  •  courtneywild
  • | Joined Feb 2008 | Status: Member | 678 Posts
Quoting sam69
Disliked
...anybody short gu? {image}
Ignored

Not yet for me. Waiting for current candle to close. So Friday/Mon. It could reverse and be a bar crossed by the trend line and therefore not valid. BUT I MAY BE WRONG.
 
 
  • Post #593
  • Quote
  • Mar 1, 2018 5:19am Mar 1, 2018 5:19am
  •  courtneywild
  • | Joined Feb 2008 | Status: Member | 678 Posts
Quoting okrim
Disliked
Hello everyone, i have been busy for some days and i see a lot of new people/posts here, very nice! Here are my trades / analisys, let's see how they go, Mirko {image} {image} {image} {image} {image} {image} {image} {image}
Ignored
Hi Should the trend line on AUJY be on the swing low you marked so no entry yet? Is that what you are saying?
 
 
  • Post #594
  • Quote
  • Mar 1, 2018 7:03am Mar 1, 2018 7:03am
  •  okrim
  • | Joined Jul 2014 | Status: Member | 143 Posts
Quoting courtneywild
Disliked
{quote} Hi Should the trend line on AUJY be on the swing low you marked so no entry yet? Is that what you are saying?
Ignored
Exactly, that is what i meant!
 
 
  • Post #595
  • Quote
  • Mar 1, 2018 7:04am Mar 1, 2018 7:04am
  •  okrim
  • | Joined Jul 2014 | Status: Member | 143 Posts
Quoting Guitarbloke
Disliked
EUR/USD D1. {image} XAU/USD D1 {image} Mirko, looks like you're killing it! All the best to you. Good luck Sa12. Greg
Ignored
Ehy, i see you too are beating it up!

Cheers,
Mirko
 
 
  • Post #596
  • Quote
  • Mar 1, 2018 7:13am Mar 1, 2018 7:13am
  •  diamonddbw
  • Joined Sep 2010 | Status: Member | 2,013 Posts
Quoting joeTrue
Disliked
Hi Ralffe, everyone This is my first post in this thread, have been following and read the whole thread from page 1. First of all, a big thanks for sharing your trade strategy with us and all the effort in making the videos. I have traded with other strategies with indicators, MA and lines all over the place, but just couldn't trade them right, may be its me who can't read them right. This strategy is easy to follow and easy to understand, will be closely following here. I started a fresh demo account slightly more than a week ago with the aim just...
Ignored
++++++++++++++++++++++++

Nice work. Are you entering on H4?
 
 
  • Post #597
  • Quote
  • Mar 1, 2018 1:10pm Mar 1, 2018 1:10pm
  •  birpinar
  • Joined Feb 2016 | Status: Trading Live. | 430 Posts
Nzd/cad short trade failed or still have chance to go down?
SL was located at 0.93 and taken.
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There are no weapons that will form against my financial prosperity.
 
 
  • Post #598
  • Quote
  • Mar 1, 2018 1:19pm Mar 1, 2018 1:19pm
  •  sa12uk
  • | Joined Feb 2018 | Status: Member | 28 Posts
Quoting birpinar
Disliked
Nzd/cad short trade failed or still have chance to go down? SL was located at 0.93 and taken. {image}
Ignored
I am new here myself but from what I have read your stop should be 20 pips above the most recent high which was 5 candles back on your chart and wouldn't have been hit. Your stop was too tight
 
 
  • Post #599
  • Quote
  • Mar 1, 2018 1:53pm Mar 1, 2018 1:53pm
  •  Guitarbloke
  • Joined May 2011 | Status: Member | 1,232 Posts
Quoting sa12uk
Disliked
{quote} I am new here myself but from what I have read your stop should be 20 pips above the most recent high which was 5 candles back on your chart and wouldn't have been hit. Your stop was too tight
Ignored


Gold hit target. U/C i closed trade for nice profit a few pips short of my target as it was near recent highs. I'm happy with that. Still short on E/U and N/U. Thanks Ralffe. I'm looking forward to more and more practice and experience with this method.

Took a short on Oil on H4 using D1 lines as reference. Might have been a little risky, but trying out H4 as an experiment and small outlay.

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Undisciplined, impatient and unruly. Don't follow me kid.
 
 
  • Post #600
  • Quote
  • Mar 1, 2018 1:53pm Mar 1, 2018 1:53pm
  •  birpinar
  • Joined Feb 2016 | Status: Trading Live. | 430 Posts
Quoting sa12uk
Disliked
{quote} I am new here myself but from what I have read your stop should be 20 pips above the most recent high which was 5 candles back on your chart and wouldn't have been hit. Your stop was too tight
Ignored
Thank you for your comment my friend. Please check post 562. That sl level was given by Ralffe but I beleive he just gave that level for explaining where the sl should have been around. So 0.93 did not work but perhaps 0.9320 or 0,9350 would have worked? Just asking for understanding what would happen in that situation. Should we still look for a short on that or should we now look for longs as our stop loss is taken?
Regards.
There are no weapons that will form against my financial prosperity.
 
 
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