Simple and profitable trading style | Page 182 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

NZD/JPY, USD/JPY

Similar Threads

Trading Made Very Simple and Profitable instructions 33 replies

The right thinking of the profitable trading in 3 simple steps. 14 replies

Indonesian Trader style - make trading simple 1 reply

Your consistently profitable trading style 37 replies

Gio's simple profitable trading quest 6 replies

Attachments: Simple and profitable trading style
Exit Attachments

Simple and profitable trading style

  • #3,621
  • Dec 24, 2018 12:46am Dec 24, 2018 12:46am
Quoting 9jatrader
{quote} 340 pips up for now. This is what happens when Bullish candle forms completely outside Bollinger Bands {image}
CHFJPY and EURJPY candles are being formed outside the bands.

If they close well strongly I might either move my earlier SL to BE or close them and wait for continuation around SMA
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,622
  • Dec 24, 2018 1:26am Dec 24, 2018 1:26am
Just caught GBPCAD on the weekly middle band and daily upper band. Though am a bit late, yet not too late. I did not take notice since Friday that it was a great setup. The daily had been rejecting the upper band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,623
  • Dec 24, 2018 2:11am Dec 24, 2018 2:11am
Quoting 9jatrader
Just caught GBPCAD on the weekly middle band and daily upper band. Though am a bit late, yet not too late. I did not take notice since Friday that it was a great setup. The daily had been rejecting the upper band
Here, I am waiting to break the level 1.7240 level; then maybe I’ll go for buy.
  • #3,624
  • Dec 24, 2018 3:25am Dec 24, 2018 3:25am
Quoting NeilWagner
{quote} Here, I am waiting to break the level 1.7240 level; then maybe I’ll go for buy.
Good luck
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,625
  • Dec 24, 2018 4:12am Dec 24, 2018 4:12am
Quoting 9jatrader
{quote} Good luck
Thanks a lot mate! Best wisher for you. Have a great week.
  • #3,626
  • Dec 24, 2018 4:38am Dec 24, 2018 4:38am
EURCHF long picking up for me. I caught it using the daily middle band and 4hr upper band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,627
  • Dec 24, 2018 8:24am Dec 24, 2018 8:24am
Quoting 9jatrader
Just caught GBPCAD on the weekly middle band and daily upper band. Though am a bit late, yet not too late. I did not take notice since Friday that it was a great setup. The daily had been rejecting the upper band
Flying high. Hope it continues and allow me to move SL to BE
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,628
  • Dec 24, 2018 8:28am Dec 24, 2018 8:28am
Quoting 9jatrader
Still waiting for GBPUSD long. The interesting thing about the movement is the fact that the interruption of the movement/setup is caused by both the daily Middle Band, SMA and broken support level, 1.26587( now acting as strong resistance ).
GBPUSD is at this time closing above the daily middle band/SMA. Am waiting for 4hr upper band closed candle.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,629
  • Dec 24, 2018 8:34am Dec 24, 2018 8:34am
Sometimes is painful that the pair from which you have exited in profit continues to move in the same direction. For me that's the case for my closed AUDJPY short, CADCHF short, CADJPY short, and EURCAD long.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,630
  • Dec 24, 2018 10:09am Dec 24, 2018 10:09am
EURGBP has made SMA short trade setup on 4hr. Only market would finally prove me right or wrong

Am already short- no waste of time. I wish myself success on the pair
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,631
  • Dec 24, 2018 10:16am Dec 24, 2018 10:16am
See you later
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,632
  • Dec 25, 2018 10:09am Dec 25, 2018 10:09am
Hi @9jatrader I'm so lucky found this trading journal...May i get your daily signal?
  • #3,633
  • Dec 25, 2018 10:52am Dec 25, 2018 10:52am
Quoting 9jatrader
EURGBP has made SMA short trade setup on 4hr. Only market would finally prove me right or wrong Am already short- no waste of time. I wish myself success on the pair
Maybe, there will be gap in the market according to the previous experience.
  • #3,634
  • Dec 25, 2018 4:49pm Dec 25, 2018 4:49pm
Quoting GerryRec
Hi @9jatrader I'm so lucky found this trading journal...May i get your daily signal?
I don't trade/take positions every day. Am daily and longer times frame trader.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,635
  • Dec 25, 2018 4:57pm Dec 25, 2018 4:57pm
Quoting NeilWagner
{quote} Maybe, there will be gap in the market according to the previous experience.
Already gap down. Happy with gap on EURJPY and EURGBP
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,636
  • Dec 25, 2018 5:38pm Dec 25, 2018 5:38pm
Quoting 9jatrader
Still waiting for GBPUSD long. The interesting thing about the movement is the fact that the interruption of the movement/setup is caused by both the daily Middle Band, SMA and broken support level, 1.26587( now acting as strong resistance ).
Already closed above all these

Quoting 9jatrader
{quote} GBPUSD is at this time closing above the daily middle band/SMA. Am waiting for 4hr upper band closed candle.
Decided to join the GBPUSD Bulls

Market would finally prove me right or wrong
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,637
  • Dec 26, 2018 1:15am Dec 26, 2018 1:15am
What I continue to learn from retesting of SMA is that the more frequent the SMA is retested the breakout becomes more valid. It's a matter of backtesting/backcheck for now. GBPUSD had been intercepted many times and now there is a breakout
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,638
  • Dec 26, 2018 1:22am Dec 26, 2018 1:22am
Quoting 9jatrader
What I continue to learn from retesting of SMA is that the more frequent the SMA is retested the breakout becomes more valid. It's a matter of backtesting/backcheck for now. GBPUSD had been intercepted many times and now there is a breakout
Just observed that I got in too early on AUDNZD using the daily and 4hr. The daily failed to close above the SMA/MB

If the daily can close above the both the SMA/MB I would have more confidence
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,639
  • Dec 26, 2018 1:52am Dec 26, 2018 1:52am
Quoting 9jatrader
What I continue to learn from retesting of SMA is that the more frequent the SMA is retested the breakout becomes more valid. It's a matter of backtesting/backcheck for now. GBPUSD had been intercepted many times and now there is a breakout
The same strategy would be proven right or wrong on the current EURGBP downward breakout on both SMA/MB after many retest

Where and when necessary I would come with chart- if the strategy is good enough to be trusted
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #3,640
  • Dec 26, 2018 1:57am Dec 26, 2018 1:57am
Just continue to find how I could have better breakouts without turning to "Fakeouts", whether SMA/MB, S/R
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
15 traders viewing now