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Simple and profitable trading style

  • #2,901
  • Jul 1, 2018 8:55am Jul 1, 2018 8:55am
Quoting dkarev
i was hoping you will have a chart based on the analysis you have mention above,moreover am still on my PM you promised to reply,though i really dont mind if the explained analysis is done inhere for others to have a good an understanding or for future reference.
All of us have the same charts. I trade over 20 pairs. It's not possible to be uploading all the pairs. Some of us could do ourselves favour by checking our charts that are not uploaded. And so you could help be uploading your chart being analysed. I have said that anyone can upload his/chart. Sometimes traders apologize to me for sharing their charts here. I have said there is no need for apology. Share your charts and we learned together. Where possible we analyse together.
Dkarev, I have shared what I wait for here and in the other thread, "Method of Using Stochastic Profitably". From time to time I repeat the strategies I have added to this thread. When I have the time I will repeat it or I link the post I have shared. You're not new to this thread I know. Maybe possibly you have been away from trading of FF for sometime now. Before them you can go through some of the post shared while you were away.
Thank you all
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,902
  • Jul 1, 2018 9:46am Jul 1, 2018 9:46am
XM had given me no deposit bonus of $30, leverage of 1:100. One of the greatest traders here had turned $20 account (leverage of 1:100 )to $300. Wow.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,903
  • Jul 1, 2018 11:44am Jul 1, 2018 11:44am
Quoting 9jatrader
{quote} All of us have the same charts. I trade over 20 pairs. It's not possible to be uploading all the pairs. Some of us could do ourselves favour by checking our charts that are not uploaded. And so you could help be uploading your chart being analysed. I have said that anyone can upload his/chart. Sometimes traders apologize to me for sharing their charts here. I have said there is no need for apology. Share your charts and we learned together. Where possible we analyse together. Dkarev, I have shared what I wait for here and in the other thread,...
Just found the page
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,904
  • Jul 1, 2018 11:46am Jul 1, 2018 11:46am
Quoting 9jatrader
Dear friends/readers on this thread I wish to point out some of the setup, apart from the one on the main topic here, that have high probability to move strongly. SOME OF THE CANDLESTICKS/PATTERNS THAT MOVE ACCORDINGLY: SHORT POSITIONS: 1. Strong Bearish Engulfing Pattern below/around strong resistance, sometimes supported by Bollinger Bands upper breakout. 2. Strong Gravestone Doji; Shooting Star below/around strong resistance. LONG POSITION 1. Strong Bullish Engulfing Pattern right above/around strong support, sometimes supported by Bollinger...
Here is the sub-strategies
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,905
  • Jul 2, 2018 2:49pm Jul 2, 2018 2:49pm
Quoting 9jatrader
Market analyses for the week: EURGBP: Strong Gravestone Doji around strong resistance level 0.88298 not broken since March 2018 AUDCAD: Weekly strong Bearish Engulfing which closed below both the SMA and Middle Band and daily strong inverted Hammer. CADCHF: Am still waiting for it to mature. The weekly still below both the SMA and the Middle band. The daily also was not able to close well above both the SMA and Middle band. What would make me to stay away for now is the fact that 4hr has not closed above the upper band strongly
I did not enter AUDCAD short working
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,906
  • Jul 2, 2018 2:51pm Jul 2, 2018 2:51pm
Quoting 9jatrader
I hope to take AUDCAD to live account. Where possible move the SL as soon as possible
Am not giving AUDCAD as I trade on Zero account. Only eight pairs were given to me to trade
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,907
  • Jul 2, 2018 3:05pm Jul 2, 2018 3:05pm
Trading on live account is different ball game. I just have to be patience enough to catch trend at the beginning. We cannot use live account to backtest. I would have been smiling now on AUDCAD short
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,908
  • Jul 3, 2018 8:55am Jul 3, 2018 8:55am
I still have new thing I wish to share later. It will come with charts at this time. It's a combination of Fibonacci and ( Daily Middle Band/SMA and Upper/Lower Band ). I want more confirmation of the backtest/backcheck. It works on strong trend
Stay with us.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,909
  • Jul 3, 2018 9:54am Jul 3, 2018 9:54am
Quoting 9jatrader
Trading on live account is different ball game. I just have to be patience enough to catch trend at the beginning. We cannot use live account to backtest. I would have been smiling now on AUDCAD short
Making money with live account is very very hard. The real skill in trading is discipline(emotional control). Everybody after sometime knows how to make money, but they can never bring themselves to do it. Especially when you hit an extended drought period. Taking losses is soo painful, yet most of the times you will be wrong.
When you see it, BET big.
  • #2,910
  • Jul 3, 2018 10:01am Jul 3, 2018 10:01am
Quoting Rennaissance
{quote} Making money with live account is very very hard. The real skill in trading is discipline(emotional control). Everybody after sometime knows how to make money, but they can never bring themselves to do it. Especially when you hit an extended drought period. Taking losses is soo painful, yet most of the times you will be wrong.
Discipline is a great virtue we need to cultivate. A friend of mine asked me why I have not placed trades since my opening the account. I said am daily candle trader and all my trades are already on demo. Waiting for good trade for live account.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,911
  • Jul 3, 2018 10:06am Jul 3, 2018 10:06am
USDCAD is a pair worth waiting for on daily middle band and 4hr lower band. There is existing strong bearish setup on the daily. Am already in it and don't wish to add position
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,912
  • Jul 3, 2018 10:09am Jul 3, 2018 10:09am
USDJPY also making bearish move on the daily- Bearish Engulfing on/around an existing resistance
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,913
  • Jul 3, 2018 10:43am Jul 3, 2018 10:43am
Planning my AUDNZD long exit. Is it going to form "Double Top". Much pressure from the bears. Perhaps move sl. But if today's candle closes with bearish body I will close my position
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,914
  • Jul 3, 2018 1:09pm Jul 3, 2018 1:09pm
Quoting Rennaissance
{quote} Making money with live account is very very hard. The real skill in trading is discipline(emotional control). Everybody after sometime knows how to make money, but they can never bring themselves to do it. Especially when you hit an extended drought period. Taking losses is soo painful, yet most of the times you will be wrong.
With a real account Smart Money will hunt for your stop loss orders and if you do not use stop loss they will just drive the price against you to deteriorate your account even blow it. This is why backtesting gives you good results. Traders only represent 10 % of all worldwide transaccions. You can only beat SM if your strategy is based on natural law(turning points) 5 + 5 = 10. If you donīt enter the market at 10 you are cannon fodder. And if you do control natural law, SM will kick you out of the market likes those who are banned at casinos for winning.
POSTMASTER
  • #2,915
  • Jul 3, 2018 1:52pm Jul 3, 2018 1:52pm
[quote=Robinhood1;11226587]{quote} With a real account Smart Money will hunt for your stop loss orders and if you do not use stop loss they will just drive the price against you to deteriorate your account even blow it. This is why backtesting gives you good results. Traders only represent 10 % of all worldwide transaccions. You can only beat SM if your strategy is based on natural law(turning points) 5 + 5 = 10. If you donīt enter the market at 10 you are cannon fodder. And if you do control natural law, SM will kick you out of the market likes those who are banned at casinos for winning.[/quote

There are great brokers in the industry. We just need to follow other traders who are already trading live and their remarks.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,916
  • Jul 3, 2018 2:14pm Jul 3, 2018 2:14pm
Quoting 9jatrader
Quoting Robinhood1
{quote} With a real account Smart Money will hunt for your stop loss orders and if you do not use stop loss they will just drive the price against you to deteriorate your account even blow it. This is why backtesting gives you good results. Traders only represent 10 % of all worldwide transaccions. You can only beat SM if your strategy is based on natural law(turning points) 5 + 5 = 10. If you donīt enter the market at 10 you are cannon fodder. And if you do control natural law, SM will kick you out of the market likes
...
Who are they? the only one i know is Martin Armstrong who was imprisoned so he didnīt want to reveal his formula. He can spot turning points to the precise day. We the suckers are no going to reck this so profitable business the SM have. 99,99% of traders lose their money after 12 years. there is 24% winners after 5 years. In the long run no chance. https://www.armstrongeconomics.com/blog/
POSTMASTER
  • #2,917
  • Jul 3, 2018 2:27pm Jul 3, 2018 2:27pm
my intention is not to disilusion anybody but those are the facts. this is research due to 17 years as a trader and wondering why sitems that start well end up failing. it is obvious that once your strategy has been detected your are done.
POSTMASTER
  • #2,918
  • Jul 5, 2018 3:31am Jul 5, 2018 3:31am
AUDNZD forming Double Tops on the daily following strong Gravestone Doji
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,919
  • Jul 5, 2018 3:37am Jul 5, 2018 3:37am
Am already bearish on AUDNZD hoping it works out. Forex is a game of probability. I believe it has the high probability to crash down to over 200 pips
Though we still have about two days left before the weekly candles close, it's forming strong Shooting Star
I love Shooting Star
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.5%
  • #2,920
  • Jul 5, 2018 5:04am Jul 5, 2018 5:04am
Quoting Robinhood1
my intention is not to disilusion anybody but those are the facts. this is research due to 17 years as a trader and wondering why sitems that start well end up failing. it is obvious that once your strategy has been detected your are done.
The markets are too large to be manipulated by anyone or group of people. Concerning your strategies, have it ever occurred to you that your system development is biased. We see what we really want to see in the market and in life. Has it ever occurred to you that you are allowing yourself to be fooled by randomness . Food for thought.
Lastly, the strategies that work consistently are volatile(low win rate), are you comfortable hitting 2-3 in 10, probable not.cheers
When you see it, BET big.
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