Simple Daily Trend Reversal Trading System

Euraud h4 buy trigger..

This trade doesn't belong to the strategy. As you can see, you're now either losing money or you only made a little. Read the entry rules in post 1.

Maybe he is using another system or the old system. The new system takes into consideration the Davits' pivots.....

Waiting for the candles to close below 10EMA.
EU, GU, AU. Sell confirms if candle close below 10EMA - 1H TF

[quote = jeidk11b; 11389811] Čaka, da se sveče zaprejo pod 10EMA. EU, GU, AU. Prodaja potrdi, če je sveča blizu 10EMA - 1H TF [/ quote]


what money did you mean to sell and when ?

Open sell ? 4h

I am using auto mode..as trade open from EAX...Pin but there is no davit pivot pin available..so..I use snr pin pivot pin..and one more thing....
Friend Mrdfx wrote..
"So basically when all 3 indicators have confirmed a valid trade, and are all in 100% agreement with each other according to the rules, and the candle crosses, and closes above or below the 10 EMA, an order is validated, and opened."
Pls clarify If I am wrong..
And waiting our original new updated EA..
James

i've 7 of these , TP1 @

FWIW , = investors have received further encouragement to continue taking profit from Dollar positions after President Trump once again repeated his view that both China and the European Union manipulate their currencies. These comments mirror similar remarks made only a few weeks back, and have served as a reminder for traders that the Trump Administration does not want to see exactly what is occurring in the financial markets – i.e. a strong Dollar.

EUR USD confirmed sell..

USDJPY go to buy......

https://charts.mql5.com/18/983/usdjp...-markets-2.png

Already took it hours ago..
On Trailing Stop to reach TP.

USDJPY BUY

USDJPY BUY

[quote = JmYm; 11390719] {quote} Že pred časom je šel .. Na Trailing Stopu doseči TP. {image} [/ quote]




we'll see how it will be around the day.

The "plus" side of H4 TF compare to H1 : is the signal relatively more accurate / more confirm.
The "minus" side of H4 TF compare to H1 : is the Stop-Loss/SL (DD) is usually bigger (higher).

My USDJPY was taken on H1 TF, and is already running risk-free now.

This my be tomorrow to buy....

Well looks like most of you caught the UJ buy, nice!

Running +40 pips, let it runnnnn..

Someone asked me about why I'm mostly trading on H1, and not H4 or D1 anymore, let me answer.

This system works on H1, H4, and D1 as mentioned on post 1. Before on the old strategy best results was on H4, and H4 still is very good, and I still use H4 for monitoring potential set ups, and then enter on H1... Why enter on H1?

You see as we are using pivot zones as one of the confirmations for a valid signal, on H1 you can get a closer, and earlier entry. When I'm monitoring a set up on H4, and I see it is close to confirmation I will drop down to H1, and if it is confirmed I will enter on H1.

With the use of pivot zones you want to get in on the reversal as close as possible to catch the most pips, and if you wait for confirmation on H4, you could miss out on some movement. Now that's not to say that waiting for confirmation on H4 is not good, H4 is still excellent and the safer confirmation for long term trend reversal.

Like I say you can use H1, H4, and D1, its up to you which TF you prefer using.

Happy trading!