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Simple and profitable trading style

  • #3,681
  • Jan 2, 2019 4:27am Jan 2, 2019 4:27am
Quoting 9jatrader
The new pair "on the watch" are USDJPY and EURJPY. USDJPY already forming strong weekly Middle Band and Daily Lower Band, while CHFJPY already showing the direction of EURJPY I have been on CHFJPY with Bearish Engulfing on the 30th November Now the weekly Middle Band and Daily lower Band are making another opportunity. CHFJPY already making 148 pips. EURJPY crashing so soon {image}

EURJPY finally crashing
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,682
  • Jan 2, 2019 4:29am Jan 2, 2019 4:29am
I decided to widen the TP and see how it goes. It has broken the last low price from where the bulls took it up
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.png Size: 40 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,683
  • Jan 2, 2019 4:33am Jan 2, 2019 4:33am
From the chart we could see how SMA makes setup. Some asking me to go back to the past posts. Not possible to bring all the posts again and again about strategy.

SMA settings remain Period: 14, Shift: 0
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,684
  • Jan 2, 2019 4:44am Jan 2, 2019 4:44am
Some SMA based strategy, like GBPJPY continues crashing after I exited.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,685
  • Jan 2, 2019 6:08am Jan 2, 2019 6:08am
Just lost my GBPUSD long position
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,686
  • Jan 2, 2019 6:10am Jan 2, 2019 6:10am
Lost is part of the game
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,687
  • Jan 2, 2019 7:50am Jan 2, 2019 7:50am
Quoting 9jatrader
Just lost my GBPUSD long position
Bloody day for NZDCAD long. Just lost it. Already hedged it with NZDUSD short that's working. Daily ready to crash now as AUDCAD fresh short trade setup
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,688
  • Jan 2, 2019 7:55am Jan 2, 2019 7:55am
I will be loading enough positions on AUDCAD and NZDCAD short tonight if they close well, though I have been on AUDCAD short
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,689
  • Jan 2, 2019 11:27am Jan 2, 2019 11:27am
https://www.forexfactory.com/news.php?do=news&id=864452

Too bad for AUD & NZD
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,690
  • Jan 2, 2019 11:33am Jan 2, 2019 11:33am
When fundamentals blend with technical/candlesticks and patterns setup can be sexy. I hope AUDCAD and NZDCAD continue to crash
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,691
  • Jan 2, 2019 11:34am Jan 2, 2019 11:34am
Market is yet to close on the daily
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,692
  • Jan 2, 2019 12:26pm Jan 2, 2019 12:26pm
Quoting 9jatrader
I decided to widen the TP and see how it goes. It has broken the last low price from where the bulls took it up {image}
Am out of EURJPY short, 357 pips. The bulls may cause retracement
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,693
  • Jan 2, 2019 8:42pm Jan 2, 2019 8:42pm
Quoting 9jatrader
{quote} Am out of EURJPY short, 357 pips. The bulls may cause retracement
If only I knew. Flash crash would have reaped more
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,694
  • Jan 2, 2019 10:56pm Jan 2, 2019 10:56pm
Quoting 9jatrader
{quote} Bloody day for NZDCAD long. Just lost it. Already hedged it with NZDUSD short that's working. Daily ready to crash now as AUDCAD fresh short trade setup
I loaded enough pending sell stop orders in both NZDCAD and AUDCAD
They are based on SMA strategy- Bearish Engulfing right below it
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,695
  • Jan 2, 2019 10:59pm Jan 2, 2019 10:59pm
I have found out that "Pending Orders" remain the best orders when market is slow and liquidity is low. Your order would be triggered only at the right price when price gets to them.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,696
  • Jan 2, 2019 11:08pm Jan 2, 2019 11:08pm
Still on SMA, GBPCAD and ERUCAD are on my radar for bullish continuation
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,697
  • Jan 2, 2019 11:37pm Jan 2, 2019 11:37pm
Quoting 9jatrader
Still on SMA, GBPCAD and ERUCAD are on my radar for bullish continuation
For those still new to the strategy and not fully understand yet I might upload one chart at the end of tday daily candle close to show how to use SMA to either join trend the existing trend or catch new trend. The strategy is not a Fool Proof. Sometimes market behaves like wild animals and prove the strategy so wrong. Trade safe.
Good morning
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,698
  • Jan 3, 2019 11:20am Jan 3, 2019 11:20am
Closed my NZDUSD short. The Hammer with Bullish body could cause retracement, but the overall down would return soon
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,699
  • Jan 3, 2019 11:47am Jan 3, 2019 11:47am
Quoting 9jatrader
Still on SMA, GBPCAD and ERUCAD are on my radar for bullish continuation
Nothing special tonight
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
  • #3,700
  • Jan 3, 2019 11:51am Jan 3, 2019 11:51am
Though we still have more than three hours before market close, the only pair am keeping eye is the EURCHF long position. Hammer is being formed. This is supported by the fact that it's having Bollinger Lower Band breakout and having bullish body
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.2%
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