Gabriella

Removed

Here are the indicators and Template.

You will need to download some indicators from the market place.

Find pin bars indicator
PA Patterns indicator
MTF moving average indicator


STOP LOSS- If im down more than 70 pips I close it out. Sometimes if im close to a major reversal point or supply and demand area I will wait and see what happens. if price continues moving against me then I will close out. Sometimes I will break rules depending on where price is.

Take profit- I always take profit at pivot points. Sometimes even at the mid weekly pivots you see. If price forms a pin bar, hammer, shooting star etc. I will close and see what happens.

Trading timeframe- I trade 1 hour charts 90% of time. I still look at all other timeframes especially 4hour and Daily.

Ema- 200 (yellow) and 34 (white). They show me trends and direction and also are my resistance areas.

The MTF moving average is Purple EMA 3 shift 1 close. I use it on 1hour chart. if price above buy, below sell. Simple

Price action Is key. Candle formations come first then everything else.

News- I honestly try and stay away from news. I will close out positions usually before news. Been burnt too many times not worth it. Usually will trade other pairs that news wont bother.

4 hour charts and daily harts help a lot with trading 1 hour. im more of a swing trader so not looking to stay in trends forever.


on the fxr sr zones make sure you select zones extend

on the reversal fractals also have setting to false

Currently im short on audusd and eurgbp. I don't usually trade this late but im off today and my family is out of town. I've been holding these trade since 10AM so will see how it plays out

will try to be a part of this thread if I can contribute and participate .

Pairs I trade

AUDJPY
USDCAD
EURGBP
EURUSD
NZDJPY
EURJPY
AUDUSD
NZDUSD
AUDCAD
AUDNZD

Place multiple trades on pair. Sometimes I might just trade one pair and place 2 or 3 trades on pair. This helps with margin call and also to take some profit and let others run.

Here is a chart. 1st orange arrow is an aggressive trade. 34 ema and 200 ema below price. price did get rejected from R38 but still not best trade.

second orange arrow below is a beautiful perfect trade. you would of bought right at pivot and taken profit at R38. price got choppy and no clear signs from there so would of left this pair alone even though it went to 61s

3 and 4th orange arrows were a nice trade I was in last week. you can see some negative price action and price was below mtf ema and right on 34 ema. nice sell. Even though the 200 ema was below I don't always care if price is above and below. Price action is more important.

the yellow arrow at bottom I didn't take the trade. price action seemed a little confusing and price was below 34 ema. Was gpoing to take the breakout of 34 ema but pivot was close so decided not worth it.

I don't want to show too many past trades because pivots are different this week. Price hasn't been moving much today so once we start moving I can show some present trade ideas and how I trade this system.

Hi Chenzo25,

Thanks for sharing your system. So...your main entry is following the horizontal line breakout? Thank you.

hi

Thanks for sharing your system.

A little bit more than that. Need the market to move so I can show you how I take my trades. Sometimes traders post too many old charts and show you perfect set ups. I’d rather show you what I see and trades I take at the moment

Thank you buddy

It looks great.
I often get new trading system that seems to me works but as the time goes by it doesn't work anymore. I hope this doesn't happen to everyone. Good work Chenzo25, you have a strong mind not to give up

its not easy and sometimes its not the system... Its the trader and the times he trades.

here is a trade im still holding. Short on Audusd… Price is below pivot, 34 ema and 200 ema, 34 ema angled down. on 30 minute chart we couldn't close above 34 ema or mtf 5 ema

Target is s38. Pair has been in range so don't care if it continues down more...

what is the violet indicator?

jesus or gabriel itself can't win this game
they chase even 0.01 cent positions, for god sake how can you win

jk

So as you see price went up on AudUsd… Last night I closed out position on this pair for gain of only 5 pips. This is the reason I don't like to leave trades open.

Will scan pairs now for a fresh entry

It is the MTF indicator. Read post 1 for settings and where to find

NZDJPY setting up for a BUY. We will need to close this candle and see how next one reacts. safe buy would be to cross over monthly pivot and take profit at pivot. Lets see what happens