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Simple and profitable trading style

  • #4,321
  • Mar 27, 2019 6:39am Mar 27, 2019 6:39am
I have pointed out here in the past post that emotion is stronger on the shorter time frames. What I have observed is that even strong trend can be reversed even without notice.

Here is the GBPUSD 30mins
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdy.png Size: 48 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,322
  • Mar 27, 2019 8:08am Mar 27, 2019 8:08am
Quoting 9jatrader
I have pointed out here in the past post that emotion is stronger on the shorter time frames. What I have observed is that even strong trend can be reversed even without notice. Here is the GBPUSD 30mins {image}
45 pips easily triggered.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,323
  • Mar 27, 2019 10:00am Mar 27, 2019 10:00am
GBPCAD bearish candle formed outside bollinger bands on 1hr. This would crash it down. Catch the move
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,324
  • Mar 27, 2019 3:04pm Mar 27, 2019 3:04pm
Quoting 9jatrader
I have pointed out here in the past post that emotion is stronger on the shorter time frames. What I have observed is that even strong trend can be reversed even without notice. Here is the GBPUSD 30mins {image}
Now the market situation is such that swing traders will have to be scalpers. Maybe within a few months, we all will be scalping.
  • #4,325
  • Mar 30, 2019 5:23am Mar 30, 2019 5:23am
Quoting 9jatrader
GBPCAD bearish candle formed outside bollinger bands on 1hr. This would crash it down. Catch the move
It was able to crash it 380 pips
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,326
  • Apr 5, 2019 8:33am Apr 5, 2019 8:33am
NZDUSD finally crashing since my entry on 8th February.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,327
  • Apr 9, 2019 12:59am Apr 9, 2019 12:59am
Double Bottoms is being formed on EURUSD daily
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,328
  • Apr 14, 2019 10:47am Apr 14, 2019 10:47am
This is what happens after much/many retesting of SMA, specially when it forms continuous bearish signal below the SMA. The breakout could be explosive
Attached Image (click to enlarge)
Click to Enlarge Name: eurchfff.png Size: 40 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,329
  • Apr 14, 2019 10:50am Apr 14, 2019 10:50am
Like any other strategy it needs a great deal of patience. Trading it on shorter TF gives better SL in trading it
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,330
  • Apr 14, 2019 10:53am Apr 14, 2019 10:53am
Hope to come up with some other charts that work so well.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,331
  • Apr 14, 2019 11:00am Apr 14, 2019 11:00am
I have said in the past post that emotion is very high in shorter TF. This is because the trend can reverse at the bottom and top. You know what I mean. That's the reason I uploaded the chart. Am not a counter trend trader anyway, and do not advise it. But know when to go against it
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,332
  • Apr 14, 2019 1:10pm Apr 14, 2019 1:10pm
Strong Bearish Engulfing on EURUSD, 4hr. I would be closing the last long position
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdff.png Size: 53 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,333
  • Apr 14, 2019 1:26pm Apr 14, 2019 1:26pm
Being that it was formed below the resistance,1.13190 where the short continuation was formed would make the bulls so scared
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,334
  • Apr 14, 2019 4:23pm Apr 14, 2019 4:23pm
Quoting 9jatrader
Being that it was formed below the resistance,1.13190 where the short continuation was formed would make the bulls so scared
Closed the long and entered short
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,335
  • Apr 14, 2019 8:29pm Apr 14, 2019 8:29pm
Quoting 9jatrader
This is what happens after much/many retesting of SMA, specially when it forms continuous bearish signal below the SMA. The breakout could be explosive {image}
137 pips so far
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,336
  • Apr 15, 2019 7:10am Apr 15, 2019 7:10am
Quoting 9jatrader
This is what happens after much/many retesting of SMA, specially when it forms continuous bearish signal below the SMA. The breakout could be explosive {image}
This is what is currently happening on NZDCAD. It broke below after retesting twice.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdcadfff.png Size: 56 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,337
  • Apr 15, 2019 12:18pm Apr 15, 2019 12:18pm
Quoting 9jatrader
{quote} This is what is currently happening on NZDCAD. It broke below after retesting twice. {image}
Crazy market so invalidated this great signal.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,338
  • Apr 17, 2019 12:10pm Apr 17, 2019 12:10pm
Quoting 9jatrader
This is what happens after much/many retesting of SMA, specially when it forms continuous bearish signal below the SMA. The breakout could be explosive {image}
When am out the pair still flying higher
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,339
  • Apr 17, 2019 1:02pm Apr 17, 2019 1:02pm
Quoting 9jatrader
{quote} This is what is currently happening on NZDCAD. It broke below after retesting twice. {image}
After such a long candle, it's always risky to enter a trade.
  • #4,340
  • Apr 17, 2019 1:10pm Apr 17, 2019 1:10pm
Quoting 9jatrader
I have pointed out here in the past post that emotion is stronger on the shorter time frames. What I have observed is that even strong trend can be reversed even without notice. Here is the GBPUSD 30mins {image}
does 14 sma help you for a signal? 20 sma (mid bb ) is a much stronger signal. i see that you never go long from lower bb.
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