Trading with range bars ichimoku cloud & awesome oscillator

That's amazing, have a nice time in Hawai and easy with the cocktails haha enjoy, cheers

Asian session, NZDJPY + 18. Probably exited early, but reason for exiting was NZDJPY was nearing resistance and weekly pivot.

EZ

E/J again. Nice long but maybe I could have got in earlier. I entered on the idea that "Rocky" uses S/R as I just have ?

As long as u made money.I do think you could have entered early indeed on the break of the trend-line as shown.

Just arrived home from Hawaii, some excellent surfing plus a fantastic house made for a great little vacation. Back to trading manana.

Welcome back Rocky.

Couple of trades today.

One good exit and one poor exit.

From Aloha to Hola! Welcome back!

EZ

Aloha Everyone!

I wanted to share my analysis which lead to some great trades. Hopefully others can contribute their thought process and their logic into seeing trade setups so we can all benefit. Here is what I saw this evening:

1) US trade war news with China is causing 'risk off' and selloffs in European and Asian markets. When this happens, typically JPY strengthens and commodity currencies (AUD, NZD, CAD) weaken.

2) I looked at 4 hr charts for EURAUD and AUDJPY. Both were at / near a confluence of weekly and monthly pivot points (I highlighed in blue). This is strong S/R:

AUDJPY:


EURAUD:


This made me put these pairs on my radar for possible reversals.

3) I saw JPY strengthening and AUD weakening on currency strength indicators

4) I pulled up 3 pip range bar charts, and looked for entries:

AUDJPY:


EURAUD:


5) I exited (probably early), but exit was based upon previous swing H/L. I had nice profits so exited.

Update: Looking a bit after, I should have held longer. Tip to self: hold half and TP on half, putting SL at b/e on half!

6) Net P/L:

AUDJPY: 41 pips

EURAUD: 49 pips

IMO, very low risk pips using overall analysis which included:
- news analysis and sentiment
- weekly and monthly confluence of pivot points (strong S/R)
- range bar system from this thread

Regards,
EZ

Well done Ez.

Well done! I believe your analysis is on point.

Greetings to everyone.Managed 44 pips on EJ.Stayed in the trade even when AO went above 0 temporarily because i entered on the computer but i was monitoring trade on my phone while driving and so i could not see that AO was above 0.I still believe i was not going to exit because i entered trade before Euro news and negative news came while i was already in the trade.There was also strong divergence and the Euro had been failing to break higher since approximately 24 hours ago.I exited on approaching previous H4/H1/M30 swing low.

Managed 44 pips on GBPCAD.Exited at previous swing high.

Two trades gbp/aud and gbp/jpy. For a total of 38 pips. Probably out early as it looks they'll keep going. New york session is now 10pm my time so don't have to stay up so late.

Nice job guys, keep it coming , i enjoy seeing you doing great. I got whipsawed 3 times. After that i was finished for today. Yesterday was better for me. But you win some an lose some, if i am up at the end off the month i am happy. Thaks guys for sharing charts and analyses.

Nice trades guys!

Didn't seem like there was much this morning. Some NZD strength but earlier on.

I look at E/J but it seems erratic so far, so I will leave it for now as I am going out. Rocky does warn about "ragged" price action. So. patience is the order of the day ( for me at any rate as I am trading just one pair).

Had a decent GBP/CAD short and USD/JPY long this morning!

Hey guys, great day today. 3 trades inbetween work

Eur/Aud 40.3 pips
Gbp/Aud 36.9 pips
Usd/Cad 10.8 pips

how are you guys doing?

Im good.Well done! Do u plan to quit work one day and trade full time?