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Simple and profitable trading style

  • #4,061
  • Jan 31, 2019 1:52am Jan 31, 2019 1:52am
Planned to exit at BE on AUDCAD short. Not moving, neither up nor down
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,062
  • Jan 31, 2019 1:56am Jan 31, 2019 1:56am
Quoting 9jatrader
EURCHF finally closed above the upper band. This pair got me so bored. Wait for the 4hr above the SMA after retracement {image}
Waiting for second strong signal on the shorter TF right above the SMA
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,063
  • Jan 31, 2019 3:16am Jan 31, 2019 3:16am
Pls can u update the 1st page with the latest improvement to this strategy?
  • #4,064
  • Jan 31, 2019 3:20am Jan 31, 2019 3:20am
Quoting menek
Pls can u update the 1st page with the latest improvement to this strategy?
No update. It remains the weekly middle band and daily lower/upper band

within the thread I added other strategies. That's the reason I always indicate the strategy on which I see it as a signal
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,065
  • Jan 31, 2019 3:23am Jan 31, 2019 3:23am
Whatever is not understood in the thread let me know. That strategy is still strong as you can see from the charts I uploaded when I started the thread
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,066
  • Jan 31, 2019 3:42am Jan 31, 2019 3:42am
Quoting 9jatrader
Planned to exit at BE on AUDCAD short. Not moving, neither up nor down
Hedged the position on with 1hr long, moved the short entry sl to BE. Waiting to see how it goes.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,067
  • Jan 31, 2019 3:50am Jan 31, 2019 3:50am
I missed the daily middle band and 4hr lower band on USDJPY. I hope to still catch the move either on 4hr or 1hr below SMA
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,068
  • Jan 31, 2019 4:22am Jan 31, 2019 4:22am
Keeping eyes on GBPUSD 1hr. I already exited my lats long. I hope to catch it again above the SMA, 1hr
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,069
  • Jan 31, 2019 4:31am Jan 31, 2019 4:31am
Quoting 9jatrader
Keeping eyes on GBPUSD 1hr. I already exited my lats long. I hope to catch it again above the SMA, 1hr
same here!!!
Know The Presence Of The Market
  • #4,070
  • Jan 31, 2019 4:48am Jan 31, 2019 4:48am
Quoting jesxrussel
{quote} same here!!!
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,071
  • Jan 31, 2019 5:13am Jan 31, 2019 5:13am
Quoting 9jatrader
Keeping eyes on GBPUSD 1hr. I already exited my lats long. I hope to catch it again above the SMA, 1hr
pls can you explain how you use SMA or refer me to the page were you start using SMA?
  • #4,072
  • Jan 31, 2019 5:20am Jan 31, 2019 5:20am
Quoting menek
{quote} pls can you explain how you use SMA or refer me to the page were you start using SMA?
Simple Moving Average, Period: 14, Shift Zero.
You can do some search at the bottom of the page here, where you have search
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,073
  • Jan 31, 2019 5:25am Jan 31, 2019 5:25am
Quoting 9jatrader
{quote} Simple Moving Average, Period: 14, Shift Zero. You can do some search at the bottom of the page here, where you have search
Bearish Engulfing below it. https://www.forexfactory.com/showthr...17602&page=193
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,074
  • Jan 31, 2019 5:28am Jan 31, 2019 5:28am
Not easy to link all the charts on SMA
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,075
  • Jan 31, 2019 7:34am Jan 31, 2019 7:34am
EURGBP had been bullish all through the week. it would be difficult for the bulls to take absolute control. Am waiting for continuation short setup around/below SMA daily
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,076
  • Jan 31, 2019 7:46am Jan 31, 2019 7:46am
Quoting 9jatrader
{quote} Just found that am short CHFJPY and long EURJPY. They are both working, though so slowly. Why they move in opposite?
yes you are, and you just didn't realize it
I didn't like what I saw on H4 of EURJPY yesterday and closed the long.

Quoting 9jatrader
{quote} Short trade
yes, but it's moving too fast, didn't catch it.
GBPAUD is forming a similar setup, but on H4 candles are walking along the BB lower band too long, I will wait for a possible retrace
  • #4,077
  • Jan 31, 2019 7:50am Jan 31, 2019 7:50am
Quoting keshan
{quote} yes you are, and you just didn't realize it {quote} yes, but it's moving too fast, didn't catch it. GBPAUD is forming a similar setup, but on H4 candles are walking along the BB lower band too long, I will wait for a possible retrace
Am already short on GBPNZD and GBPAUD 4hr- Bearish Engulfing below SMA
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,078
  • Jan 31, 2019 7:56am Jan 31, 2019 7:56am
The only pair I wait for now is the EURGBP short. I can't go long on he daily. Bollinger bands are strongly pointing downward.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -0.8%
  • #4,079
  • Jan 31, 2019 8:42am Jan 31, 2019 8:42am
Thanks for sharing.
  • #4,080
  • Jan 31, 2019 8:54am Jan 31, 2019 8:54am
Ok I will stick with the main strategy for now. (Weekly and daily)
1. Let the weekly candle cross the middle line of the Bollinger band.
2. Let the candle break the upper or lower Bollinger band.
I have notice that the Bollinger band will keep expanding to accommodate new candle making it difficult to identify the break of lower or upper band. The break will only become obvious when there is an opposite candle. Pls how do u handle this?
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