Derek et al Easy Trading System

I'm watching USD Index for a short. This is an H4 chart. Would like an arrow and FXMax to turn red.

GER3o M5 - SL=BE

I used this new intuitive AI indicator that I'm developing - it predicts price...

GER30 H4 Chart

FXMax turns green. I bought.

XAUUSD H4 Chart

Bullish. I bought yesterday.

XAGUSD H4 Chart

Bought Silver yesterday.

AUDUSD H4 Chart

Bought yesterday too.

I'm looking for USDollar and USDCHF Sell entries on lower TFs and EURUSD to go long.

GER30, Gold, Silver and AUDUSD all show a change in the trend.

My two positions in Post 65:

1. One was covered by SL=BE and so it close with a negligible profit.
2. The other a manually closed and took a loss as the trend changed from down to up.

One could take profit at this point, (channel top), but I'm going to hope at least the best position of mine stays open and I'll go for a longer run. Look at the H4 channel top perhaps. Both positions are covered by SL = BE.

Hello Derek,

you are doing a very good job!

Would you please tell me the name for the indi showing the arrows.

Thank you, renko

Hi Renkotop.

Thanks.

The indi is, "forex sweepmod".

This is an H1 chart. I'm going to let this run a bit. I have three Long positions all covered by SL = BE.

All the trends are nicely up but for the Weekly and Daily on the ichi indi.

I am in South Africa, which on Thursday will be in a lock-down state for 21 days. As the virus news progresses, I think we must be vigilant to the possibility of another market drop.

But I will follow the system. By now, followers of this thread will have realised that the FXMax indi is best seen changing on an H4 chart and that it is quite a good indication of trend. Thus I'll be watching that for the next market cycle. In the mean time we can use the M5 chart to trade Long.

Thanks, derekw,

Stay healthy,
renko

Overnight the EURUSD FXMax changed to Long and I bought a position. This is an H4 chart and I only swing trade this currency on the FXMax indi. You can of course use a lower TF if you think EURUSD is going up and get a keener entry.