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Simple and profitable trading style

Quoting 9jatrader
{quote} Still crashing down. I would have been out if my SL was too tight. My mentor would say, using too tight SL is the same as having no SL
Using no stop loss is very very dangerous than using a tight sl.
I caught this, SMA- based
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaudfb.png Size: 45 KB
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Am out of this already, but still crashing
https://scontent.fbni1-1.fna.fbcdn.n...1d&oe=5DDE7D7A
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Hi 9jatrader
I'm new to this thread. Your strategy seems interesting. Can you guide me a little of i want to understand the strategy and its different variations, which are the main pages i should go through, so that i can get a quick summary of trading method.
Thanks
Quoting 9jatrader
I caught this, SMA- based {image}
If the tf is below 4h, you will get caught with any system.
Quoting azizk20
Hi 9jatrader I'm new to this thread. Your strategy seems interesting. Can you guide me a little of i want to understand the strategy and its different variations, which are the main pages i should go through, so that i can get a quick summary of trading method. Thanks

You can do some checks. You could see that the thread is old now and may not be able to go back. There different strategies here. As I have always said" This thread is one of many strategies" They are based on Bollinger Bands, SMA ( Period: 14, Shift: 0 ), and Stochastic

If I were to say something about the last two charts I uploaded, the first one is about joining strong downtrend using the upper band, while the second one is catching movement right below the SMA

You can install SMA, leaving it at Period 14 and Shift 0 and the and see how it worked on the last GBPAUD I uploaded
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Quoting 9jatrader
I caught this, SMA- based {image}
For those who are new here, this pair was based on SMA. After the bears have crossed over both the Middle Band and SMA, wait to see whether bulls could advance. If intercepted by SMA and makes strong Bearish Engulfing, Shooting Star or Gravestone Doji, it means there is higher probability of going down.. Check and look at the chart very well
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Quoting 9jatrader
Am out of this already, but still crashing https://scontent.fbni1-1.fna.fbcdn.n...1d&oe=5DDE7D7A

This is about joining the downtrend using the upper band setup

You could see the strength of this trend, went down right below the SMA and Biddle band

When we see this kind of trend, it's very to join by waiting for retracement. It's a question of patience
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyff.png Size: 38 KB
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Do I take losses with my strategies? Yes, Yes and Yes. Yet I stick with the strategies
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Opposite is the case for joining strong bullish trend. In this case we wait the lower band for joining the bulls. If we could have either Pin Bar, Bullish Engulfing or strong Hammer with bullish body
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
I think the running EURAUD would add to what I have shared
Attached Image (click to enlarge)
Click to Enlarge Name: euraudff.png Size: 40 KB
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Thanks so much for the detailed explanations. I'll surely follow and try to grasp the method.
It could offer second entry around the upper band. You could see how we have many entries. But am not having it on one platform- risk management
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Quoting azizk20
Thanks so much for the detailed explanations. I'll surely follow and try to grasp the method.
Okay.
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
I still have great signal/strategy am coming up with- where and when to wait to entry

It's still based on Bollinger Bands

Before sharing I want to have higher probability rate
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Am eyeing the EURNZD on 1hr. Strong Pin Bar had been formed. But am scared of the SMA and Middle band for now. Still waiting patiently. There had been strong uptrend on 4hr.
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
For those who are new to the thread specially the SMA-based, here is the latest signal on NZDCAD, 1hr
Attached Image (click to enlarge)
Click to Enlarge Name: nzdcada.png Size: 43 KB
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
My strategies on this thread is not a foolproof. I have always said that I take losses and move on as long as I stick to my strategy
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
Let me emphasize again about the strategy on whose chart I just uploaded. When Price had been up, if the bears break below both the SMA and the Bollinger Middle Band, wait patiently to see whether the bulls would advance in attack. When the bulls make some moves and it's intercepted by the SMA and Shooting Star, Bullish Engulfing or Gravestone is formed then it shows that we can have high bear bias an make some pips
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
None of the Forex strategies is 100% safe. Not even the strategies on this thread. Keep to your risk level
Make all possible mistakes in Demo and rain in pips in live account
9jatrader All Time Return: 375.6%
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