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  • #3,741
  • Jan 9, 2019 12:07am Jan 9, 2019 12:07am
Regrettable -USDCAD deceived and escaped me unnoticed; it's over 200 pips down

We have to wait for the continuation around the SMA

I hope it gives a clear signal to join the bears
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,742
  • Jan 9, 2019 12:15am Jan 9, 2019 12:15am
Quoting 9jatrader
Regrettable -USDCAD deceived and escaped me unnoticed; it's over 200 pips down We have to wait for the continuation around the SMA I hope it gives a clear signal to join the bears
It's deceptive in the sense that the bears just took over from the top of strong trend on the daily. Yet the weekly strong Bearish Engulfing was strong. I believe many have been watching the pair crashing down because we don't want to go against the strong trend. Anyway, this happens at times. We just need to still keep to what we know- don't fight strong trend
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,743
  • Jan 9, 2019 12:17am Jan 9, 2019 12:17am
Quoting 9jatrader
USDCAD had made strong weekly Bearish Engulfing Pattern. I would join the bears after daily bullish retracement. Happy weekend
Here was where I analyzed the USDCAD weekly
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,744
  • Jan 9, 2019 12:23am Jan 9, 2019 12:23am
Catch the daily after the bulls advance/retracement. See then on USDCAD
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,745
  • Jan 9, 2019 1:46am Jan 9, 2019 1:46am
Quoting 9jatrader
Trying to map out scalping method on today's US NFP report. It has to do with Pending order From what we can see from out charts today, CAD and AUD have been having great day, whereas CHF is having bad day across the boards. In anticipation of weak report: "Sell Stop Orders below the low price on USDCAD or above the high price of AUDUSD. I would having "Buy Stop order" above the high price of USDCHF

The scalping worked on CADCHF long, AUDUSD long. I was too tight on sl on CADCHF and so was triggered. I have to get in again as the setup still valid
I hope to map out another one today as CAD coming out with news
Make all mistakes in demo and rain in pips in live account
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  • #3,746
  • Jan 9, 2019 1:47am Jan 9, 2019 1:47am
Today is CAD day to rock the market
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,747
  • Jan 9, 2019 8:12am Jan 9, 2019 8:12am
usd/cad very possible decline to 1.28
  • #3,748
  • Jan 9, 2019 8:43am Jan 9, 2019 8:43am
Still rocking: https://www.forexfactory.com/news.php?do=news&id=865746
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,749
  • Jan 9, 2019 9:03am Jan 9, 2019 9:03am
CAD gradually showing some weakness across the board; so i have to move SL of the NZDCAD and AUDCAD short. The only exception is the USDCAD
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,750
  • Jan 9, 2019 9:42am Jan 9, 2019 9:42am
Quoting 9jatrader
Today is CAD day to rock the market
No volatile movement- I have to delete the pending orders on USDCAD short and NZDCAD long. I focus on my chart. Am out of AUDCAD short- I move the sl to trap in some pips,76 pips
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,751
  • Jan 9, 2019 9:54am Jan 9, 2019 9:54am
Sometimes market reaction is far less than the noise around the news before the release
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,752
  • Jan 9, 2019 10:00am Jan 9, 2019 10:00am
Quoting 9jatrader
{quote} Strong Hammer is being formed right above broken resistance level, 0.89392, now acting as support and above Bollinger lower band
Movement today did not fail. Same with the correlated pair, GBPCHF
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,753
  • Jan 9, 2019 4:18pm Jan 9, 2019 4:18pm
EURUSD had broken two months resistance on the daily. The great thing is that was able to close well above it.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,754
  • Jan 9, 2019 4:20pm Jan 9, 2019 4:20pm
The additional positive thing is that the weekly is closing above the the middle band and SMA
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,755
  • Jan 9, 2019 4:23pm Jan 9, 2019 4:23pm
I no longer use market execution order, but now focus on pending order all the time. When market is slow, specially during market close we are not given better price.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,756
  • Jan 9, 2019 4:37pm Jan 9, 2019 4:37pm
Hammer was formed above the middle band on EURAUD daily. How far will it go since it was formed on an existing uptrend
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,757
  • Jan 9, 2019 5:47pm Jan 9, 2019 5:47pm
Quoting 9jatrader
EURUSD had broken two months resistance on the daily. The great thing is that was able to close well above it.
EURUSD long pending order just triggered at a good price

Quoting 9jatrader
Hammer was formed above the middle band on EURAUD daily. How far will it go since it was formed on an existing uptrend
EURAUD also triggered
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,758
  • Jan 10, 2019 12:14am Jan 10, 2019 12:14am
Quoting 9jatrader
{quote} Strong Hammer is being formed right above broken resistance level, 0.89392, now acting as support and above Bollinger lower band
If today's bullish candle failed to close above the Bollinger upper band I might either close the position or move sl so close to close price.

Bollnger is becoming tight and may form Bollinger Bands Squeeze before any direction again
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
  • #3,759
  • Jan 10, 2019 6:02am Jan 10, 2019 6:02am
Quoting 9jatrader
Am watching the continuation on NZDUSD short on the daily.
Hi,
joined and follow you this year with your great strategy.
would you please let me know what was your SL level for NZDUSD?If it is below the signal candle on weekly, seems price hit the level. Or we were supposed to exit earlier?
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  • #3,760
  • Jan 10, 2019 6:23am Jan 10, 2019 6:23am
Quoting drsa1970
{quote} Hi, joined and follow you this year with your great strategy. would you please let me know what was your SL level for NZDUSD?If it is below the signal candle on weekly, seems price hit the level. Or we were supposed to exit earlier? {image}
You already has good sl level on the weekly. If sl is too wide for account we should skip it
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.4%
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