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NZD/JPY, USD/JPY

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  • #2,661
  • May 1, 2018 2:52pm May 1, 2018 2:52pm
Please note that there are other strategies that are included here. I always specify the strategy by which the setup is made.
The reason I joined the other strategies here is to avoid creating another threads.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,662
  • May 1, 2018 3:15pm May 1, 2018 3:15pm
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
Sorry 9jatrader. I am exploring several strategies and put my question to the wrong thread. Following u as well:-)
  • #2,663
  • May 1, 2018 4:16pm May 1, 2018 4:16pm
I decided to join the EURCAD and GBPCAD bears
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,664
  • May 1, 2018 4:28pm May 1, 2018 4:28pm
I just wish spike triggers my TP on USDCHF this week. I don't want to be trapped in retracement
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,665
  • May 2, 2018 8:56am May 2, 2018 8:56am
Quoting 9jatrader
{quote} Planning my exit as the saying goes: "A bird in hand is more than a thousand in the bush" {image}
I just shared awaited stochastic supported breakout on USDCHF on the other thread. Watch out
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,666
  • May 2, 2018 9:01am May 2, 2018 9:01am
After the breakout we still have over 300 pips before a "Stiff resistance".
I might trade the breakout, but with very small lot size as the trend had been so long now
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,667
  • May 2, 2018 12:35pm May 2, 2018 12:35pm
Gold weekly middle band and daily lower band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,668
  • May 3, 2018 6:34am May 3, 2018 6:34am
EURJPY weekly middle band and daily lower band on the move. No one knows how the day's candle would finally close. Trade safe
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,669
  • May 3, 2018 11:49am May 3, 2018 11:49am
Quoting 9jatrader
EURJPY weekly middle band and daily lower band on the move. No one knows how the day's candle would finally close. Trade safe
Just realized I missed GBPJPY short - regrettable. I thought I entered it
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,670
  • May 3, 2018 12:43pm May 3, 2018 12:43pm
Brother,
If you don't mind can you please post some pics for GBPJPY ideal setup
The Daily candle has just started to short on the lower band
so we should be able to enter even now?

Regards
R
  • #2,671
  • May 3, 2018 2:10pm May 3, 2018 2:10pm
Quoting rookie14
Brother, If you don't mind can you please post some pics for GBPJPY ideal setup The Daily candle has just started to short on the lower band so we should be able to enter even now? Regards R
Here are the charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpy.png Size: 46 KB
Click to Enlarge Name: gbpjpyyy.png Size: 46 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,672
  • May 3, 2018 2:12pm May 3, 2018 2:12pm
thank you kindly Brother


Regards
R
  • #2,673
  • May 3, 2018 10:31pm May 3, 2018 10:31pm
Quoting rookie14
thank you kindly Brother Regards R
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,674
  • May 3, 2018 10:47pm May 3, 2018 10:47pm
For the purpose of the new readers and friends I hope to review and post some of the comments I have shared before now, strategies and new charts when I have the chance, possibly weekend
This is because the new friends/readers may not be able to read all the posts I have shared since the beginning of this thread. Sometimes the questions that I have dealt with are asked again and again- no offense please
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,675
  • May 4, 2018 4:37am May 4, 2018 4:37am
Quoting 9jatrader
{quote} Here are the charts {image} {image}
I tought that we had to wait for the weekly candle to CLOSE lower then middle band before we can enter on a CLOSE of the daily lower band... Am I wrong? I know there's not a lot of chance but GBPJPY Weekly candle still can close higher then middle band...?

Am testing this strategy since about a month now, always waiting for the Weekly to close, and so far I'm on a 50/50 Win/Loss ratio.

Thanks for your time 9jatrader!
  • #2,676
  • May 4, 2018 4:48am May 4, 2018 4:48am
Quoting TamRoofer
{quote} I tought that we had to wait for the weekly candle to CLOSE lower then middle band before we can enter on a CLOSE of the daily lower band... Am I wrong? I know there's not a lot of chance but GBPJPY Weekly candle still can close higher then middle band...? Am testing this strategy since about a month now, always waiting for the Weekly to close, and so far I'm on a 50/50 Win/Loss ratio. Thanks for your time 9jatrader!
Since the beginning of this thread I have been using the word: "Weekly closing/closed below/above middle band and daily closed below/above the lower/upper band.
Please pay attention the words: "closing and closed" on the weekly in the thread"
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,677
  • May 4, 2018 4:51am May 4, 2018 4:51am
When it's during the week that the weekly closing above middle band and daily closed above upper band we can get it. But if it's Friday that the weekly is forming it's own, I use the word " Closed"
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -4.5%
  • #2,678
  • May 4, 2018 4:53am May 4, 2018 4:53am
Quoting 9jatrader
{quote} Since the beginning of this thread I have been using the word: "Weekly closing/closed below/above middle band and daily closed below/above the lower/upper band. Please pay attention the words: "closing and closed" on the weekly in the thread"
I had never notice that, thanks, I will.

Now, please explain why you said that you missed GBPJPY short? Why do you sometimes wait for the close and sometimes not?
Just realized I missed GBPJPY short - regrettable. I thought I entered it
  • #2,679
  • May 4, 2018 4:54am May 4, 2018 4:54am
Quoting TamRoofer
{quote} I had never notice that, thanks, I will. Now, please explain why you said that you missed GBPJPY short? Why do you sometimes wait for the close and sometimes not? Just realized I missed GBPJPY short - regrettable. I thought I entered it
Just saw your last post, makes it clearer
Thanks for your time
  • #2,680
  • May 4, 2018 5:03am May 4, 2018 5:03am
Quoting 9jatrader
When it's during the week that the weekly closing above middle band and daily closed above upper band we can get it. But if it's Friday that the weekly is forming it's own, I use the word " Closed"
Wow, looking at my past trades with this strategy, if I had understood that before I would have been so much more profitable. All my entries that seem late to me would have been taken 2-3-4 days before wich would have results in many many more pips.

This should be a game changer now, thanks again for your explanation
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