Simple and profitable trading style | Page 228 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

NZD/JPY, USD/JPY

Similar Threads

Trading Made Very Simple and Profitable instructions 33 replies

The right thinking of the profitable trading in 3 simple steps. 14 replies

Indonesian Trader style - make trading simple 1 reply

Your consistently profitable trading style 37 replies

Gio's simple profitable trading quest 6 replies

Attachments: Simple and profitable trading style
Exit Attachments

Simple and profitable trading style

  • #4,541
  • Jan 20, 2020 5:25am Jan 20, 2020 5:25am
Just joined the GBPAUD long, 1hr middle band and 30mins upper band
Make all mistakes in demo and rain in pips in live account
  • #4,542
  • Jan 20, 2020 5:27am Jan 20, 2020 5:27am
Quoting 9jatrader
Just joined the GBPAUD long, 1hr middle band and 30mins upper band
It's been long I mentioned this strategy.
Make all mistakes in demo and rain in pips in live account
  • #4,543
  • Jan 20, 2020 5:27am Jan 20, 2020 5:27am
This is because here is a thread of many strategies.
Make all mistakes in demo and rain in pips in live account
  • #4,544
  • Jan 20, 2020 11:35am Jan 20, 2020 11:35am
Quoting 9jatrader
I have fresh one still crashing - CHFJPY short {image}
Got into AUDNZD long,1hr when the bears revisit the zone where the strong downtrend earlier stopped
Make all mistakes in demo and rain in pips in live account
  • #4,545
  • Jan 20, 2020 11:59pm Jan 20, 2020 11:59pm
Quoting 9jatrader
{quote} Got into AUDNZD long,1hr when the bears revisit the zone where the strong downtrend earlier stopped
would you please submit the screenshot for this pair?
If you don't build your DREAM, Someone will hire to help build theirs ...
  • #4,546
  • Jan 21, 2020 12:30am Jan 21, 2020 12:30am
how do you determine the TP and SL sir?
PATIENCE AND DISCIPLINE!
  • #4,547
  • Jan 21, 2020 3:00am Jan 21, 2020 3:00am
Quoting drsa1970
{quote} would you please submit the screenshot for this pair?
Just like the pair uploaded you could see how the bulls revisited the zone where the strong uptrend earlier stopped
Attached Image (click to enlarge)
Click to Enlarge Name: audnzdrrr.png Size: 54 KB
Make all mistakes in demo and rain in pips in live account
  • #4,548
  • Jan 21, 2020 3:02am Jan 21, 2020 3:02am
Just I have said earlier with this strategy, it works best on strong trend- reversal
Make all mistakes in demo and rain in pips in live account
  • #4,549
  • Jan 21, 2020 3:06am Jan 21, 2020 3:06am
Quoting harold1
how do you determine the TP and SL sir?
For long positions the SL should be below the low price of the bullish candle; for short position it should be above the high price of the bearish candle that formed the setup. For TP sometimes I use the last visible and clear support for TP for short position; for long position I sometimes place the level little below the rasistance
Make all mistakes in demo and rain in pips in live account
  • #4,550
  • Jan 21, 2020 3:09am Jan 21, 2020 3:09am
If I enter on 1hr and found that I can't see clear support for short TP I go to the longer time frames like 4hr or daily and see If I could see the support; opposite is the case for long position- I check the longer time frames for visible resistance for for TP
Make all mistakes in demo and rain in pips in live account
  • #4,551
  • Jan 21, 2020 3:09am Jan 21, 2020 3:09am
I hope this helps
Make all mistakes in demo and rain in pips in live account
  • #4,552
  • Jan 21, 2020 4:56am Jan 21, 2020 4:56am
Quoting 9jatrader
Strong short signal on EURUSD, 1hr. I have to close the long position and enter short straight ahead
Joined the EURUSD bulls again on 1hr
Make all mistakes in demo and rain in pips in live account
  • #4,553
  • Jan 21, 2020 6:16am Jan 21, 2020 6:16am
Waiting for AUDCAD long, 4hr- if only it can successfully revisit the zone again and make bullish setup
Make all mistakes in demo and rain in pips in live account
  • #4,554
  • Jan 21, 2020 6:17am Jan 21, 2020 6:17am
Same with AUDUSD, 4hr.
Make all mistakes in demo and rain in pips in live account
  • #4,555
  • Jan 21, 2020 6:21am Jan 21, 2020 6:21am
Am also waiting for CADCHF, long, NZDUSD long - all 4hr
Make all mistakes in demo and rain in pips in live account
  • #4,556
  • Jan 21, 2020 2:31pm Jan 21, 2020 2:31pm
Strong bearish engulfing below SMA and middle band,on EURJPY 4hr
Make all mistakes in demo and rain in pips in live account
  • #4,557
  • Jan 22, 2020 2:54am Jan 22, 2020 2:54am
Joined the CADCHF bulls on 4hr middle band and 1hr upper band
Make all mistakes in demo and rain in pips in live account
  • #4,558
  • Jan 22, 2020 2:59am Jan 22, 2020 2:59am
Took the EURCAD short on 30mins- the bulls revisited the zone where the strong uptrend earlier stopped. Got in with middle band
Make all mistakes in demo and rain in pips in live account
  • #4,559
  • Jan 22, 2020 3:00am Jan 22, 2020 3:00am
For successful trading, you have to be ready to face strong retracemnet. It can be frightening to see strong retracement as soon as we get into positions
Make all mistakes in demo and rain in pips in live account
  • #4,560
  • Jan 22, 2020 3:06am Jan 22, 2020 3:06am
Waiting for GBPCAD, over 100 pips if formed. Am waiting for 30mins lower band. Both the 1hr and 30mins are trapped on sideways.
Make all mistakes in demo and rain in pips in live account
2 traders viewing now