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Simple and profitable trading style

  • #2,641
  • Apr 30, 2018 2:50am Apr 30, 2018 2:50am
Quoting 9jatrader
Weekly middle band and daily lower band on GBPUSD. The great thing is that it was not trending up strongly when it was formed. {image} {image}
agreed, GU on list--

But there are a lot more aspirants for this week..
long time no weekly based entry and this week i have
EU, NU, GU, NCad and UJ.

NCAD is ma favourite.
IŽll join it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSDcWeekly.png Size: 53 KB
Click to Enlarge Name: NZDCADcWeekly.png Size: 52 KB
Click to Enlarge Name: EURUSDcWeekly.png Size: 50 KB
Click to Enlarge Name: USDJPYcWeekly.png Size: 48 KB
Risiko birgt immer auch die Chance.
  • #2,642
  • Apr 30, 2018 3:40pm Apr 30, 2018 3:40pm
Quoting Sesamstrasse
{quote} agreed, GU on list-- But there are a lot more aspirants for this week.. long time no weekly based entry and this week i have EU, NU, GU, NCad and UJ. NCAD is ma favourite. IŽll join it. {image} {image} {image} {image}
Be careful with your favourite, NZDCAD as the early entry would have been last week- first weekly and first daily
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,643
  • Apr 30, 2018 3:53pm Apr 30, 2018 3:53pm
Its correlated pair, AUDCAD is even better- broke out of ranging by closing below lower band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,644
  • Apr 30, 2018 4:06pm Apr 30, 2018 4:06pm
Quoting 9jatrader
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.
Planning my exit as the saying goes: "A bird in hand is more than a thousand in the bush"
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.png Size: 55 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,645
  • Edited May 1, 2018 2:07am Apr 30, 2018 9:46pm | Edited May 1, 2018 2:07am
Wao, I have just done reading through the thread. Really great and I am glad to be here. Will be posting with time folks !!!

But let me take time to ruminate my notes over and over first.

Thanks so much 9jatrader for this great sacrifice here.

Cheers !!!
  • #2,646
  • May 1, 2018 8:42am May 1, 2018 8:42am
Quoting jeffokes
Wao, I have just done reading through the thread. Really great and I am glad to be here. Will be posting with time folks !!! But let me take time to ruminate my notes over and over first. Thanks so much 9jatrader for this great sacrifice here. Cheers !!!
Thanks for joining us. We cannot underestimate the benefit of sharing and learning together.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,647
  • May 1, 2018 9:04am May 1, 2018 9:04am
Quoting 9jatrader
{quote} AUDUSD may make the daily middle band and 4hr lower band.
It just triggered My TP
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,648
  • May 1, 2018 9:38am May 1, 2018 9:38am
No pair is as trending right now as USDCHF
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.png Size: 42 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,649
  • May 1, 2018 9:44am May 1, 2018 9:44am
Quoting 9jatrader
{quote} EURUSD had crossed both the middle band and SMA on the weekly after a long time, since December 2017. Lost my GBPJPY
Its correlated pair, EURUSD just started its trend. i would only keep this one and get out of USDCHF
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,650
  • May 1, 2018 10:56am May 1, 2018 10:56am
Quoting 9jatrader
{quote} Be careful with your favourite, NZDCAD as the early entry would have been last week- first weekly and first daily
Watch out for EURCAD short- forming similar setup as AUDCAD short. It will also be supported by weekly middle band and daily lower band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,651
  • May 1, 2018 11:47am May 1, 2018 11:47am
Quoting 9jatrader
{quote} Watch out for EURCAD short- forming similar setup as AUDCAD short. It will also be supported by weekly middle band and daily lower band
GBP/CAD TOO!
Trade what "Is", not what "If".
  • #2,652
  • May 1, 2018 11:57am May 1, 2018 11:57am
Hi there,

I am obviously doing something wrong. I drag the EA to my charts, tick all boxes that should be ticked and turn on the Autotrader.

Off it goes and starts up trades. When these trades have been closed, nothing happens anymore. I have waited for days and there are signals on the screen.

I then drag the EA to my chart again and off it goes, starting trades. After closing - nothing happens for days still with trades announced on the screen.

I then drag the EA..............................

Anyone that knows what I am doing wrong?

Btw, which time frame is your preerred for this indicator? D1, H4?
  • #2,653
  • May 1, 2018 12:17pm May 1, 2018 12:17pm
Quoting 4xu2
{quote} GBP/CAD TOO!
Great thanks. Even Friday candle ( Red Mark ) offered earlier entry based on "Interaction of Middle band and SMA" Old friends knew when I started combining them
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad.png Size: 37 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,654
  • May 1, 2018 12:24pm May 1, 2018 12:24pm
Quoting Milanolok
Hi there, I am obviously doing something wrong. I drag the EA to my charts, tick all boxes that should be ticked and turn on the Autotrader. Off it goes and starts up trades. When these trades have been closed, nothing happens anymore. I have waited for days and there are signals on the screen. I then drag the EA to my chart again and off it goes, starting trades. After closing - nothing happens for days still with trades announced on the screen. I then drag the EA.............................. Anyone that knows what I am doing wrong? Btw, which...
Am completely ignorant of any EA. I depend on mt4 indicators
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,655
  • May 1, 2018 1:51pm May 1, 2018 1:51pm
Greetings 9jatrader and folks,
It might be a silly question......what is the target TP for this setup please
My apologies in advance if it has been answered before , ran out of patience just after few posts .....after seeing this interesting thread


Thanks in advance
R
  • #2,656
  • May 1, 2018 2:30pm May 1, 2018 2:30pm
Quoting rookie14
Greetings 9jatrader and folks, It might be a silly question......what is the target TP for this setup please My apologies in advance if it has been answered before , ran out of patience just after few posts .....after seeing this interesting thread Thanks in advance R
You don't to apologize. We're all learning and sharing. As you rightly said my exit points have posted here. I watch out for the strong resistance ( For long trade ); opposite is the case with bearish trade.
In the beginning of the thread I said just as using the weekly middle band and daily upper band for long entry, during retracement/short movement we can use the weekly middle band and daily lower band for long trade exit.
I have observed that sometimes waiting for weekly middle band and lower band for long trade exit, we would have lost some great deal of profit.
Summarily, I watch out for S/R and I use them for TP. Any further questions are welcomed
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,657
  • May 1, 2018 2:33pm May 1, 2018 2:33pm
Thank you kindly


Regards
R
  • #2,658
  • May 1, 2018 2:39pm May 1, 2018 2:39pm
Quoting rookie14
Thank you kindly Regards R

You can check the last chart on USDCHF I shared. It was based on the weekly middle band and daiily upper band. But the TP was set below resistance- 360 pips, about 40 pips before TP
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,659
  • May 1, 2018 2:42pm May 1, 2018 2:42pm
yeah...nice and sweet
  • #2,660
  • May 1, 2018 2:45pm May 1, 2018 2:45pm
As you may have already known there is no perfect entry or exit. I still continue to refine my strategies. I have added SMA with bollinger bands and have been working well, though not without losses
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
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