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  • #421
  • Apr 11, 2019 10:41am Apr 11, 2019 10:41am
Quoting benjamin89
{quote} you are right, it is complicated but you need every information that could make it a profitable trade, thats why if i see a good BO i firstly analyze the D1 chart and then 4h chart, i look for the trend, i analzye the DXY chart and etc etc..
Oh, you're definitely right, with more information one can make smarter trades. So I'm slowly adding more and more elements to my analysis. It's just I have to add new elements one at a time and only when I've become comfortable with my existing elements.

BTW - I'm curious how you use the DXY chart in your analysis. I have been playing with the USDX myself. Currently I'm in the UsdJpy M5 and my USDX is above both moving averages on the M5, M15, H1 and H4 time frames so I am holding the trade open. Any comments?
  • #422
  • Apr 11, 2019 11:14am Apr 11, 2019 11:14am
Hi,

Two trades this morning...

AusUsd M5: This looked like a good entry but it reversed and tagged me out for a full loss before going on to hit my 1:1 target. I've been told that there would be days like this...

UsdJpy M5: This trade went entirely in my favour and hit my 1:1 target. I was watching as the price was marching toward the 2:1 target with all the indicators in my favour when price suddenly fell and took me out at breakeven. And of course, price returned immediately to my 1:1 target level. But this time I can only blame my own greed for not taking the 1:1 target. Yet another bitter lesson learned on the long road to Forex consistency...

Cheers,
pipShine
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 20_AudUsd_M5_Apr11.png Size: 53 KB
Click to Enlarge Name: 20a_AudUsd_M5_Apr11.png Size: 55 KB
Click to Enlarge Name: 21_UsdJpy_M5_Apr11.png Size: 50 KB
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  • #423
  • Apr 11, 2019 11:57am Apr 11, 2019 11:57am
Quoting pipShine
{quote} Oh, you're definitely right, with more information one can make smarter trades. So I'm slowly adding more and more elements to my analysis. It's just I have to add new elements one at a time and only when I've become comfortable with my existing elements. BTW - I'm curious how you use the DXY chart in your analysis. I have been playing with the USDX myself. Currently I'm in the UsdJpy M5 and my USDX is above both moving averages on the M5, M15, H1 and H4 time frames so I am holding the trade open. Any comments?
for me the entry at the 15M chart, like i said i don't really have a big success with chart that is under 15M..
i see that in your chart (USDJPY) that the cci was long time above 100 level and you need a entry close to the break of 100 level.
the DXY at the time reached a small hourly Resistance, so i knew that it going to be a small retracement also because news release so you needed a bigger SL or exit before news..
see my analyze.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dxy-m9-h1-international-capital-markets.png Size: 85 KB
Click to Enlarge Name: usdjpy-m15-international-capital-markets-2.png Size: 123 KB
  • #424
  • Apr 11, 2019 1:51pm Apr 11, 2019 1:51pm
Quoting benjamin89
{quote} for me the entry at the 15M chart, like i said i don't really have a big success with chart that is under 15M.. i see that in your chart (USDJPY) that the cci was long time above 100 level and you need a entry close to the break of 100 level. the DXY at the time reached a small hourly Resistance, so i knew that it going to be a small retracement also because news release so you needed a bigger SL or exit before news...{image} {image}
I really liked your analysis, benjamin89, the hourly resistance is very obvious now that you've pointed it out - I just have to learn to see it before I take my trade. And thanks for the reminder that the best trades are entered on a fresh break of the 100 level.
  • #425
  • Apr 11, 2019 2:54pm Apr 11, 2019 2:54pm
Quoting Inthebox
what is the missing link?
the missing link is in your knowledge of the basic foundation which only can be built up with experience.
it's always a combination of your basic foundation along with the methods in the thread. not just solely on what the thread teaches.
so building up a solid foundation knowledge base always come first.
I glad that you spelled that out. Forex trading is not effortless and easy. It is hard work and requires a plan and a will to show up every day. And although losing a trade may be painful, not learning from the loss can be deadly. But it's also very rewarding when progress is made.
  • #426
  • Apr 12, 2019 3:32am Apr 12, 2019 3:32am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 19 KB


entry below day pivot and day open.
then it gone into a range bouncing between week open and day pivot before break out downward.
ITB - Seeing Orderliness amongst 'Randomness'
  • #427
  • Apr 12, 2019 6:13am Apr 12, 2019 6:13am
Hi,

UsdChf H4: Full Loss - The entry looked strong to me: I had all dark greens on my dashboard and price was breaking above yesterday's high. And the CCI(14) was just breaking the +100 level. But then price just dropped like a rock. This one I really don't understand. Or is it just that price can do whatever it wants and this time it decided to do the unexpected?

Cheers,
pipShine
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 23_UsdChf_H4_Apr11.png Size: 57 KB
Click to Enlarge Name: 23a_UsdChf_H4_Apr11.png Size: 58 KB
  • #428
  • Apr 12, 2019 8:23am Apr 12, 2019 8:23am
Hi,

AudUsd M5 - This trade went very well. Bullish hidden divergence and a strong breakout helped push price up to my 1:1 target.

Cheers,
pipShine
Attached Image (click to enlarge)
Click to Enlarge Name: 24a_AudUsd_M5_Apr12.png Size: 51 KB
  • #429
  • Apr 12, 2019 8:35am Apr 12, 2019 8:35am
Hi,

EurUsd M5: Full Loss - Well, you win some and you lose some. Have a good weekend everyone.

Cheers,
pipShine
Attached Image (click to enlarge)
Click to Enlarge Name: 25_EurUsd_M5_Apr12.png Size: 54 KB
  • #430
  • Apr 12, 2019 10:22am Apr 12, 2019 10:22am
Quoting pipShine
Hi, UsdChf H4: Full Loss - The entry looked strong to me: I had all dark greens on my dashboard and price was breaking above yesterday's high. And the CCI(14) was just breaking the +100 level. But then price just dropped like a rock. This one I really don't understand. Or is it just that price can do whatever it wants and this time it decided to do the unexpected? Cheers, pipShine {image} {image}
analyze is needed, also DXY broke a important support, and this strategy is better with lower TFs.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-h4-international-capital-markets.png Size: 130 KB
  • #431
  • Apr 15, 2019 5:21am Apr 15, 2019 5:21am
Quoting benjamin89
{quote} analyze is needed, also DXY broke a important support, and this strategy is better with lower TFs. {image}
I think I'll stick to the M15 charts - Whatever mentioned at the beginning of this thread that was the preferred time frame.
  • #432
  • Apr 15, 2019 7:45am Apr 15, 2019 7:45am
Hi,

Price broke out then retested yesterday's high. When price broke out again I decided that the top of the channel would be a reasonable target.

It was not meant to be.

Cheers,
pipShine
Attached Image (click to enlarge)
Click to Enlarge Name: 26a_UsdChf_M15_Apr15.png Size: 58 KB
  • #433
  • Apr 15, 2019 8:50am Apr 15, 2019 8:50am
AudUsd M15: Full Loss
I seem to be a magnet for false breakouts this morning.
Attached Image (click to enlarge)
Click to Enlarge Name: 27a_AudUsd_M15_Apr15.png Size: 58 KB
  • #434
  • Apr 23, 2019 5:44am Apr 23, 2019 5:44am
Hello guys! Nice to see that thread is pretty active! So system still works and we are doing great with it

Let's take a look what we have today on GBP/USD. Before start of London Session we see the price bounced off yesterday's low and created Double Bottom. When London opened we had a BO with a clear CCI signal to enter long. Our SL was only around 10-13 pips.
On the picture you can see 2 possibilities to enter. First one we got on the second M15 candle after LO. But price didn't reach our target. Small DD and continuation of the up move. After that we can see that price reached another level - look right and you see the Big Round Number. Then retest of the broken level - price always do the same. BO - Retest - Continuation. That's how the market moves. After retest we finally got a big move with a good momentum - price broked RN level and gave us another chance to enter (if you were out of the trade or exited the first trade with BE).

Very nice and clear situation, hope you are green, mates!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 59 KB
  • #435
  • Apr 25, 2019 2:39am Apr 25, 2019 2:39am
First opportunity that we had this morning right at London Open.

Look at the screen and you will see how nice the price is moving. We entered right at LO and our target was yesterday's high. Price moved up exactly till that level. Let's see what happen next.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM15.png Size: 61 KB
  • #436
  • Apr 25, 2019 9:45am Apr 25, 2019 9:45am
What we see next on Gold during the day?

The price was ranging during the London session. On NY session we saw a nice move after news candle. Price finally decided it's direction and CCI fully confirmed the signal. Note how price made a retest of broken level again.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM15.png Size: 57 KB
  • #437
  • Apr 26, 2019 9:30am Apr 26, 2019 9:30am
Not the best friday for a big moves, but let's take a look what we had today on EUR/AUD on London session.

EA is going down the second day. We see the level of Asian session. With the start of London session price moved up and set the high of the session. If you learned the behaviour of your pair well than you know that it happens often. After this we can see good move down with the trend direction. BreakOut and full CCI confirmation. Note how price made a retest of the broken level again.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 58 KB
  • #438
  • Apr 27, 2019 3:17am Apr 27, 2019 3:17am
Guys, want to tell you that on 6th of May we start a new course of Learn&Earn online education!

That's a great course for 4 weeks. During these weeks we will start from the very beggining, make Trading Plan for you, work on your MoneyManagement and Discipline, give you the right understanding of market moves and right understanding of system and how to use it most effective. I am sure that will helps you to change your Psychology of trading and finally you would be able to make that needed last step to become consistent and profitable.

So if you are still struggling with the market, if you are still having no progress in trading, but you feel that you like trading and want to be successful here - let's get to work together! There is nothing impossible here, just need Patience and Right View.

PM me or contact me in Skype for more details. Let's do it together, guys!
  • #439
  • Apr 29, 2019 11:01am Apr 29, 2019 11:01am
Mates, just want to remind that Trading is Simple when you know what to do and how to do. If you understand Market right, then there is no stress for you in trading, no fear and no doubts. We all have knowledges, but the main thing is to use them right. That's what we try to do together! Have your clear plan and follow it - that's the goal.
  • #440
  • Apr 30, 2019 5:44am Apr 30, 2019 5:44am
There is nothing better than this

Just clear and simple signal on GBP/USD today with a huge smooth move. We see the strong level and price broke it with a great momentum. Also we can see usual retest of the broken level. Simple and green!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 53 KB
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