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  • #2,541
  • Apr 3, 2018 8:47am Apr 3, 2018 8:47am
Sometime ago I pointed out that EG strong Pin Bar was formed at the wrong place as the AUDJPY Pin Bar formed( I have shared the charts ).
Now I like the EG bearish movement, but love the correlated pair, GCHF bulls
Make all mistakes in demo and rain in pips in live account
  • #2,542
  • Apr 3, 2018 9:10am Apr 3, 2018 9:10am
Quoting 9jatrader
Sometime ago I pointed out that EG strong Pin Bar was formed at the wrong place as the AUDJPY Pin Bar formed( I have shared the charts ). Now I like the EG bearish movement, but love the correlated pair, GCHF bulls
I decided to join the GCHF bulls early on 4hr
Make all mistakes in demo and rain in pips in live account
  • #2,543
  • Apr 3, 2018 4:23pm Apr 3, 2018 4:23pm
Quoting 9jatrader
Strong Bullish Engulfing above support on NZDJPY. {image}
Great relief for now- no target/tp. I left it open
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy1.png Size: 44 KB
Make all mistakes in demo and rain in pips in live account
  • #2,544
  • Apr 3, 2018 4:28pm Apr 3, 2018 4:28pm
Relief now in the sense that it has been able to close above both the SMA and middle. The "Twin"/Duo could send the pair back to where it was coming from
Make all mistakes in demo and rain in pips in live account
  • #2,545
  • Apr 3, 2018 4:31pm Apr 3, 2018 4:31pm
It also met daily middle band and 4hr entry point requirement
Make all mistakes in demo and rain in pips in live account
  • #2,546
  • Apr 4, 2018 2:55am Apr 4, 2018 2:55am
Quoting 9jatrader
Are bears going to push down the AUDNZD. Shooting Star is being formed below both the SMA and middle band. I have been out of the pair. Hope to join the bears and see whether there would be the last low breakout
Currently breaking the recent low price. Glad to catch it
Make all mistakes in demo and rain in pips in live account
  • #2,547
  • Apr 6, 2018 4:52am Apr 6, 2018 4:52am
Impatience has cost me a lot. Getting too early. That was USDCAD long I got without waiting to close above both the SMA and middle band. It was hammer

Was it over confidence on the setup- Hammer? Maybe
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadq.png Size: 45 KB
Make all mistakes in demo and rain in pips in live account
  • #2,548
  • Apr 6, 2018 5:03am Apr 6, 2018 5:03am
Sometime streak of losses is part of the game. But we still have to be patience and learn from the mistakes. I hope to join the USDCAD bears
Make all mistakes in demo and rain in pips in live account
  • #2,549
  • Apr 6, 2018 5:11am Apr 6, 2018 5:11am
I missed the EURUSD bearish setup when it was formed. The correlated pair USDCHF long has offered opportunity and have to join the bulls, weekly middle band and daily upper band.
Make all mistakes in demo and rain in pips in live account
  • #2,550
  • Apr 6, 2018 5:15am Apr 6, 2018 5:15am
Also used the daily middle band and 4hr to join the AUDJPY bulls and see how it goes. NZDJPY is going well as planned and executed.
Make all mistakes in demo and rain in pips in live account
  • #2,551
  • Apr 6, 2018 6:49am Apr 6, 2018 6:49am
GBPJPY long on the move- weekly middle band and daily upper band. The great thing is the Hammer below the upper band. This is the kind of Hammer that has not disappointed me- Hammer below the upper band
Make all mistakes in demo and rain in pips in live account
  • #2,552
  • Apr 6, 2018 7:05am Apr 6, 2018 7:05am
Quoting 9jatrader
Also used the daily middle band and 4hr to join the AUDJPY bulls and see how it goes. NZDJPY is going well as planned and executed.
hello 9ja, been following this thread not long ago and have read couple page from the front and from last page.
the strategies still the same, right?
1. using weekly middle band and daily upper/below band
2. using daily middle band and 4Hr upper band.

set up for AUDJPY was kind of late entry for now. i think entry should be 2 daily candle before. or i missed another set up that can be used for late entry?
  • #2,553
  • Apr 6, 2018 8:01am Apr 6, 2018 8:01am
Quoting ourfield
{quote} hello 9ja, been following this thread not long ago and have read couple page from the front and from last page. the strategies still the same, right? 1. using weekly middle band and daily upper/below band 2. using daily middle band and 4Hr upper band. set up for AUDJPY was kind of late entry for now. i think entry should be 2 daily candle before. or i missed another set up that can be used for late entry?
You're very correct. I got in now because I had internet problem two days ago. It's just a personal risk now as I have to use wider sl, and then move it as soon as possible
Make all mistakes in demo and rain in pips in live account
  • #2,554
  • Apr 6, 2018 8:06am Apr 6, 2018 8:06am
The strategies here remain the same
Make all mistakes in demo and rain in pips in live account
  • #2,555
  • Apr 6, 2018 12:44pm Apr 6, 2018 12:44pm
Hi 9j, I reviewed the thread and couldn't find where you started to use a SMA....it just appeared in you recent posts. It appears to be a 15SMA, is that correct?
Are you just testing this addition? Why this value and not, say, the 5SMA which is used in the "Profit" methodologies?
  • #2,556
  • Apr 6, 2018 2:05pm Apr 6, 2018 2:05pm
Quoting lctrader11
Hi 9j, I reviewed the thread and couldn't find where you started to use a SMA....it just appeared in you recent posts. It appears to be a 15SMA, is that correct? Are you just testing this addition? Why this value and not, say, the 5SMA which is used in the "Profit" methodologies?
Possibly you have been away for sometime now. I have it here: https://www.forexfactory.com/showthread.php?p=10788900 #2447

Quoting 9jatrader
Regrettable good entry point i missed even after closing my short position- the red right red mark. Before the bearish engulfing the bullish made strong attempt but could not close above the middle band except the SMA. {image}
I have entry point here that I missed going through past price chart

Quoting 9jatrader
{quote} Here is the AUDCAD. You would see that there was weak Pin Bar which closed above SMA, but was having difficulty closing above the the middle band I decided to be sharing the charts bit by bit, instead of waiting to share may at a time {image}
I have one here

Quoting 9jatrader
{quote} Here is the AUDCAD. You would see that there was weak Pin Bar which closed above SMA, but was having difficulty closing above the the middle band I decided to be sharing the charts bit by bit, instead of waiting to share many at a time {image}
I have one here

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
Question asked here

Quoting fxenthusiast
{quote} It's sma 14.....
While I was away a fellow trader helped to answer
Make all mistakes in demo and rain in pips in live account
  • #2,557
  • Apr 6, 2018 2:20pm Apr 6, 2018 2:20pm
I was able to bring some of the post based on SMA again
Make all mistakes in demo and rain in pips in live account
  • #2,558
  • Apr 7, 2018 12:32am Apr 7, 2018 12:32am
The backtest of SMA reveals so much to me each time I have the time to study the charts.
One of the great thing is that it can act as both support during bearish retracement and as resistance during bullish retracement.
Wish to share some old charts were it would have offered opportunity to join the trend
Make all mistakes in demo and rain in pips in live account
  • #2,559
  • Apr 7, 2018 12:50am Apr 7, 2018 12:50am
Quoting 9jatrader
The backtest of SMA reveals so much to me each time I have the time to study the charts. One of the great thing is that it can act as both support during bearish retracement and as resistance during bullish retracement. Wish to share some old charts were it would have offered opportunity to join the trend

I have one chart on USDCAD during retracement. It would have offered the bulls to join- those who missed the entry point at the beginning. The first "white Mark"
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadd.png Size: 33 KB
Make all mistakes in demo and rain in pips in live account
  • #2,560
  • Apr 7, 2018 12:52am Apr 7, 2018 12:52am
It has been a backtest and so no regret for missing the movement the second time. I keep study
Make all mistakes in demo and rain in pips in live account
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