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Simple and profitable trading style

  • #3,381
  • Nov 20, 2018 9:17am Nov 20, 2018 9:17am
Another pair on the watch is the EURCHF. If it closes as it is I would be bearish- weekly middle band and daily lower band , and see how it goes
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,382
  • Nov 20, 2018 9:20am Nov 20, 2018 9:20am
The last daily lower band closed candle was intercepted by the weekly middle band and so there was a retracement on the daily from lower band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,383
  • Nov 20, 2018 9:21am Nov 20, 2018 9:21am
Trade safe- just analyzing market/price
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,384
  • Nov 20, 2018 12:38pm Nov 20, 2018 12:38pm
Quoting 9jatrader
EURUSD correlated pair, USDCHF is crossing middle band after a long time. It has made short trade setup on two occasions but had failed because of Bollinger Middle band, Middle band acts as support/resistance during movement

USDCHF so set for strong retracement on the daily. Hope to exit my short and wait again
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,385
  • Nov 20, 2018 12:40pm Nov 20, 2018 12:40pm
Move my sl on EURUSD to BE in case in turns wild
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,386
  • Nov 20, 2018 12:41pm Nov 20, 2018 12:41pm
But the weekly long trade setup on EURUSD remains strong
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,387
  • Nov 21, 2018 10:56pm Nov 21, 2018 10:56pm
Quoting 9jatrader
{quote} CADJPY making strong confirmation for the bears to come in. {quote} Now the chart of the CADJPY I have said something about sometime ago on the weekly. {image}


There are reasons why Forex remains one of the most challenging careers. We just don't know what the market has for us even after much analyses. Some news just come from no where- news/fundamentals that are not in the calendar. What surprised me yesterday was the strong setup on CADJPY which may invalidate the daily setup am holding. I was searching what could have led to the reverse setup- only on babypips: https://forums.babypips.com/t/babypi...n-recap/165747
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,388
  • Nov 21, 2018 11:01pm Nov 21, 2018 11:01pm
I decided to hedge

Funny business, called Forex. You enter valid set today, and it's invalidated the next day. You keep hoping that it reverses to your direction- no way. That setup is too strong to invalidate my earlier entry
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpyv.png Size: 45 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,389
  • Nov 21, 2018 11:11pm Nov 21, 2018 11:11pm
Am waiting for more confirmation on EURCAD short setup and CADCHF long setup. Don't skip the Fundamentals from the babypips I just shared and then you know why CAD going mad.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,390
  • Nov 21, 2018 11:21pm Nov 21, 2018 11:21pm
About CADCHF, when Bullish candle forms outside the bands during downward move it draws in more bulls
Attached Image (click to enlarge)
Click to Enlarge Name: cadchf.png Size: 47 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,391
  • Nov 21, 2018 11:24pm Nov 21, 2018 11:24pm
Quoting 9jatrader
{quote} CADJPY making strong confirmation for the bears to come in. {quote} Now the chart of the CADJPY I have said something about sometime ago on the weekly. {image}
You have one here on CADJPY weekly
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,392
  • Nov 21, 2018 11:39pm Nov 21, 2018 11:39pm
https://forums.babypips.com/t/brexit...account/180804

Be care and even stay away during uncertainty.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,393
  • Nov 22, 2018 10:59am Nov 22, 2018 10:59am
After check the trend , this is the good time to invest n EUR/USD? When to SL or BUY
  • #3,394
  • Nov 22, 2018 11:33am Nov 22, 2018 11:33am
Quoting 9jatrader
About CADCHF, when Bullish candle forms outside the bands during downward move it draws in more bulls {image}
I would not hold on to EURCAD long if market closes well as it is now.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,395
  • Nov 22, 2018 11:37am Nov 22, 2018 11:37am
Quoting 9jatrader
Am waiting for more confirmation on EURCAD short setup and CADCHF long setup. Don't skip the Fundamentals from the babypips I just shared and then you know why CAD going mad.
The strong confirmation on EURCAD short setup is being made now as I type. But how the market would finally close, no one can tell. Al I know is that a strong short setup had been made and strong long trade setup had been made on it's correlated pair, CADCHF. I entered CADCHF yesterday
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,396
  • Nov 22, 2018 2:39pm Nov 22, 2018 2:39pm
Quoting 9jatrader
{quote} The strong confirmation on EURCAD short setup is being made now as I type. But how the market would finally close, no one can tell. Al I know is that a strong short setup had been made and strong long trade setup had been made on it's correlated pair, CADCHF. I entered CADCHF yesterday
I finally joined the EURCAD bears ( am going to sleep ) and closed the long with loss.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,397
  • Nov 22, 2018 2:41pm Nov 22, 2018 2:41pm
GBPCHF ready to fly up again, while the EURGBP crashing from the last resistance
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,398
  • Nov 22, 2018 2:42pm Nov 22, 2018 2:42pm

Goodnight
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
  • #3,399
  • Nov 23, 2018 5:09am Nov 23, 2018 5:09am
Quoting 9jatrader
{quote} HotForex behaved so well for scalping. I was able to scalp greatly NZDJPY and AUDJPY. Am already out In addition EURNZD Pending Order- Sell Stop on EURNZD was quickly triggered

Excellent performance, how do you cope with stress?
  • #3,400
  • Nov 23, 2018 8:49am Nov 23, 2018 8:49am
Quoting dispersion
{quote} Excellent performance, how do you cope with stress?

I do it on a very rare case. Since then I have not done scalping. I trade daily and so wait for candle to close at the end of the day before taking position. I wonder how the scalpers cope with the market on daily bases.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.1%
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