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NZD/JPY, USD/JPY

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Simple and profitable trading style

  • #2,741
  • May 18, 2018 1:27am May 18, 2018 1:27am
All JPY pairs had been flying like rocket. The next to catch is the NZDJPY, using the daily middle band/SMA and 4hr upper band
Make all mistakes in demo and rain in pips in live account
  • #2,742
  • May 18, 2018 12:08pm May 18, 2018 12:08pm
AUDCAD daily middle band and 4hr upper band. I failed to catch the first 4hr candle that closed above the upper band. Am not late
Make all mistakes in demo and rain in pips in live account
  • #2,743
  • May 18, 2018 12:14pm May 18, 2018 12:14pm
The great point is that it was trading from support where strong Hammer ( White mark ) was formed. Am waiting to see how it goes. It's all about strategies and not profit/loss
Attached Image (click to enlarge)
Click to Enlarge Name: audcade.png Size: 37 KB
Make all mistakes in demo and rain in pips in live account
  • #2,744
  • May 18, 2018 4:14pm May 18, 2018 4:14pm
Strong Shooting Star on EURNZD weekly, though I have been in it and don't wish to add more position.
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd.png Size: 43 KB
Make all mistakes in demo and rain in pips in live account
  • #2,745
  • May 18, 2018 4:20pm May 18, 2018 4:20pm
NZDCHF long had not given good signal that I would trust. It's correlated pair, EURNZD short had indicated that it's going to fly like jet
Make all mistakes in demo and rain in pips in live account
  • #2,746
  • May 18, 2018 9:05pm May 18, 2018 9:05pm
Quoting 9jatrader
NZDCHF long had not given good signal that I would trust. It's correlated pair, EURNZD short had indicated that it's going to fly like jet
sadly im already out yesterday with loss, entry point was 2 days ago using Daily/4H, but i dont have enough patient enough when theres a retracement. Hope to catch it again using weekly/daily
  • #2,747
  • May 19, 2018 12:39am May 19, 2018 12:39am
Quoting ourfield
{quote} sadly im already out yesterday with loss, entry point was 2 days ago using Daily/4H, but i dont have enough patient enough when theres a retracement. Hope to catch it again using weekly/daily
The more we trade the more we learn how to be patient and discipline. This can be achieved more by having trade journal. then we go back to our journal and see where we have exited too early
I have shared where we can either join the moving train or existing move with SMA.
The 4hr you said offered more opportunity to hold on. I have the "white" mark. There were shooting star candles and the strong Bearish Engulfing below SMA
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd.png Size: 33 KB
Make all mistakes in demo and rain in pips in live account
  • #2,748
  • May 19, 2018 12:47am May 19, 2018 12:47am
I did not get in with middle band and lower band, but strong Bearish Engulfing below an existing resistance- the red rectangle on the daily. It retraced strongly as if was ready to trigger sl. Then it made another strong setup again, still below the resistance
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzdff.png Size: 37 KB
Make all mistakes in demo and rain in pips in live account
  • #2,749
  • May 20, 2018 8:52am May 20, 2018 8:52am
Quoting 9jatrader
{quote} I entered on the 29th March when the bearish engulfing was being being confirmed by confirmation candle and I was chanced to catch the move. I should have entered a day earlier after the strong bearish engulfing
Weekly had crossed the middle band- No going back for now; no retreat, no surrender. 357 pips for now. It helps to hold on to AUDCHF long
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Make all mistakes in demo and rain in pips in live account
  • #2,750
  • May 20, 2018 8:58am May 20, 2018 8:58am
One would be more comfortable to hold on when the weekly SMA can cross the middle, hence would be acting as resistance while it crashes down
Make all mistakes in demo and rain in pips in live account
  • #2,751
  • May 20, 2018 4:41pm May 20, 2018 4:41pm
Quoting 9jatrader
Strong Shooting Star on EURNZD weekly, though I have been in it and don't wish to add more position. {image}
I finally decided to get into it, second entry, but not on the same platform- I can't increase the risk. The weekly is just too strong
Make all mistakes in demo and rain in pips in live account
  • #2,752
  • May 20, 2018 10:17pm May 20, 2018 10:17pm
for me EURNZD didnt meet the criteria right now using Weekly/Daily for entry.
i join EURUSD short today cause weekly already closed below lower band.
  • #2,753
  • May 21, 2018 4:20am May 21, 2018 4:20am
Hello,
Please use both indicator the first candle of the day show high and low level of the day when break level same candle show next level ,use 30 minutes chart for best result.
1

Attached Image (click to enlarge)
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  • #2,754
  • May 21, 2018 5:40am May 21, 2018 5:40am
Attached File(s)
File Type: ex4 MarketRange.ex4   15 KB | 438 downloads
Attached File(s)
File Type: ex4 MarketSenser.ex4   32 KB | 430 downloads
  • #2,755
  • May 21, 2018 6:58am May 21, 2018 6:58am
Quoting ourfield
for me EURNZD didnt meet the criteria right now using Weekly/Daily for entry. i join EURUSD short today cause weekly already closed below lower band.
EURNZD has nothing to do with weekly middle band and daily lower band, but weekly strong Shooting Star
Make all mistakes in demo and rain in pips in live account
  • #2,756
  • May 21, 2018 7:07am May 21, 2018 7:07am
Quoting NareshLamba
Hello, Please use both indicator the first candle of the day show high and low level of the day when break level same candle show next level ,use 30 minutes chart for best result. 1 {image}
I wish you Good luck. MT4 has everything to be profitable. All we need is to stay long enough with the indicators we backtest and see the good and bad side
Make all mistakes in demo and rain in pips in live account
  • #2,757
  • May 21, 2018 7:17am May 21, 2018 7:17am
Quoting NareshLamba
{file}{file}
Good luck
Make all mistakes in demo and rain in pips in live account
  • #2,758
  • May 21, 2018 8:09am May 21, 2018 8:09am
Sometimes so easy to catch some move. All the JPY pairs had been moving up. Am long on the ones I was able to catch early. The recent one is the NZDJPY daily middle band and 4hr upper band.
Make all mistakes in demo and rain in pips in live account
  • #2,759
  • Edited 9:02am May 21, 2018 8:47am | Edited 9:02am
Am eyeing my EURUSD short like hawk This is because USDCHF is trapped below/around strong resistance, and AUDUSD had already made Pin Bar weekly setup
Make all mistakes in demo and rain in pips in live account
  • #2,760
  • May 21, 2018 1:42pm May 21, 2018 1:42pm
Good evening.

GA suits in my big picture view and is with EA a top pick for short. https://www.forexfactory.com/showthr...8#post11082778

Additional it matches the conditions here as well, when the candle is closed end of week --


Stay tuned
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: InkedGBPAUDWeekly_LI.jpg Size: 774 KB
Risiko birgt immer auch die Chance.
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