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Simple and profitable trading style

  • #3,061
  • Aug 13, 2018 1:11am Aug 13, 2018 1:11am
Just joined AUDJPY short after further analyses, though have missed the gap down if I entered at market open time
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,062
  • Aug 13, 2018 1:31am Aug 13, 2018 1:31am
AUDJPY short was based on weekly "Small" Bollinger Bands Breakout on the weekly
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,063
  • Aug 13, 2018 9:56pm Aug 13, 2018 9:56pm
usdx day have long possies adud..euud..gbpud maby a little early ???
Attached Image (click to enlarge)
Click to Enlarge Name: USDXDaily.png Size: 71 KB
  • #3,064
  • Aug 14, 2018 6:58am Aug 14, 2018 6:58am
Keeping eyes on GBPNZD short on the move. How will today's market close? That's none of our business.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,065
  • Aug 14, 2018 7:14am Aug 14, 2018 7:14am
Quoting 9jatrader
Keeping eyes on GBPNZD short on the move. How will today's market close? That's none of our business.
Could you please post your chart to understand why the short decision is based on.
Thanks
  • #3,066
  • Aug 14, 2018 8:18am Aug 14, 2018 8:18am
Quoting Merka
{quote} Could you please post your chart to understand why the short decision is based on. Thanks
you need to know rules for entry in this thread, what i can see was GBPNZD try to break BB squeeze, you can enter when candle can close below lower BB
  • #3,067
  • Aug 14, 2018 8:20am Aug 14, 2018 8:20am
Quoting ourfield
{quote} you need to know rules for entry in this thread, what i can see was GBPNZD try to break BB squeeze, you can enter when candle can close below lower BB
it was on 4H timeframe, sorry.

ini daily timeframe, just wait for candle to close below middle band, and below lower BB on 4Hr timeframe
  • #3,068
  • Aug 14, 2018 2:04pm Aug 14, 2018 2:04pm
Quoting Merka
{quote} Could you please post your chart to understand why the short decision is based on. Thanks
The red mark on the daily candle. It was closing with strong Shooting Star right below upper band. I have shared this type of strategy in the past. Check here on the 10th October 2017 on your chart on EURGBP: https://www.forexfactory.com/showthr...0#post10385020 - post #1581. You would see almost similar setup
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd.png Size: 54 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,069
  • Aug 14, 2018 2:09pm Aug 14, 2018 2:09pm
I have shared many strategies here and have said the reason of adding them here is that I want to avoid having multiple threads. Try to follow up

I have some here https://www.forexfactory.com/showthr...17602&page=148 - post #2942
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,070
  • Aug 14, 2018 2:14pm Aug 14, 2018 2:14pm
If you trade with only one strategy, it means you have to wait till eternity before taking positions
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,071
  • Aug 14, 2018 2:51pm Aug 14, 2018 2:51pm
I trade 28 pairs and so not possible to share all the charts I analyze. Forgive me. You can upload yours
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,072
  • Aug 14, 2018 3:07pm Aug 14, 2018 3:07pm
Quoting ourfield
{quote} you need to know rules for entry in this thread, what i can see was GBPNZD try to break BB squeeze, you can enter when candle can close below lower BB
Example of BB Squeeze https://www.forexfactory.com/showthr...5#post11034025
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,073
  • Aug 14, 2018 9:28pm Aug 14, 2018 9:28pm
GREAT Stuff in this thread,,so much in it..THKS
  • #3,074
  • Aug 15, 2018 12:34am Aug 15, 2018 12:34am
Quoting danc
GREAT Stuff in this thread,,so much in it..THKS
Great thanks.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,075
  • Aug 17, 2018 3:45am Aug 17, 2018 3:45am
Quoting 9jatrader
{quote} The red mark on the daily candle. It was closing with strong Shooting Star right below upper band. I have shared this type of strategy in the past. Check here on the 10th October 2017 on your chart on EURGBP: https://www.forexfactory.com/showthr...0#post10385020 - post #1581. You would see almost similar setup {image}
I decided to join the bears now on the daily middle band and 4hr lower band. I was afraid of the daily middle band because of the lower shadow of the candle that formed the setup
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,076
  • Aug 17, 2018 4:00am Aug 17, 2018 4:00am
Quoting 9jatrader
Keeping eyes on GBPNZD short on the move. How will today's market close? That's none of our business.
4hr making fresh setup below SMA-Bearish Engulfing below it
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,077
  • Aug 18, 2018 12:58am Aug 18, 2018 12:58am
I have stochastic-based setup/analyses here: https://www.forexfactory.com/showthr...4#post11381554
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,078
  • Aug 18, 2018 12:59am Aug 18, 2018 12:59am
It's AUDCHF long
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,079
  • Aug 18, 2018 9:17am Aug 18, 2018 9:17am
EURUSD possibly going to form another short set around SMA
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -64.4%
  • #3,080
  • Aug 18, 2018 9:33am Aug 18, 2018 9:33am
Quoting 9jatrader
EURUSD possibly going to form another short set around SMA
Hi
How do you manage SLs?
Often I'm right on overall direction but price hit my SL and after moves on my direction.
Did it ever happened to you?
What did you do in case like this?
Do you take the loss and move on, do you re-enter, do you use a recovery system etc...

Regards
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