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Simple Trading Ideas and Strategies

  • #1
  • First Post: Jul 5, 2020 8:29pm Jul 5, 2020 8:29pm
Hello fellow traders,

This thread is to share charts, trades, ideas and working trading strategies.

Please respect your fellow traders and keep it short and simple!

No fighting and cursing!!!
Patience and Discipline.
  • #2
  • Jul 5, 2020 8:30pm Jul 5, 2020 8:30pm
Everyone can feel free to share their trading strategy + indicators he is using.

I will post mine later on today.
Patience and Discipline.
  • #3
  • Jul 5, 2020 9:31pm Jul 5, 2020 9:31pm
Hello Guys and Gals,

As promised - I will post some of the strategies I'm using and they are working for me.

* Keep in mind that you have to match your trading strategy to your own style. Not only trading style, but also your temperament and risk appetit.

Strategy NO.1:

Bolinger Bands + RSI. I also add 20,50 and 200 MA.

Use the basic settings on BB and the RSI. I usually use this one on 15 min, because there the BB works best. 80% of the time once the price reaches the lower or the high band it will at least go to the middle one, best case to the other side.

Combine the BB with the RSI and it gives good both long term and short term signals.

Here I don't use any custom indicators.
Patience and Discipline.
  • #4
  • Jul 6, 2020 12:18am Jul 6, 2020 12:18am
Quoting Stefan90csk
Everyone can feel free to share their trading strategy + indicators he is using. I will post mine later on today.
Please share the trading strategy that you use
  • #5
  • Jul 6, 2020 3:10am Jul 6, 2020 3:10am
Quoting veronica23
{quote} Please share the trading strategy that you use
I already posted the first one. I will keep on posting later on today. Currently I have 3.
Patience and Discipline.
  • #6
  • Jul 6, 2020 3:45am Jul 6, 2020 3:45am
Trading idea:

GBPUSD on 15m is forming a nice up channel.

TP @ 1.25005
SL @ 1.24700

Reward to risk ratio - 1:2
Attached Image (click to enlarge)
Click to Enlarge Name: channel.jpg Size: 235 KB
Patience and Discipline.
  • #7
  • Jul 6, 2020 4:23am Jul 6, 2020 4:23am
Quoting Stefan90csk
Trading idea: GBPUSD on 15m is forming a nice up channel. TP @ 1.25005 SL @ 1.24700 Reward to risk ratio - 1:2 {image}
i recommend taking extra precaution today, and this week... burnt to many times this month. Sidelines for me now to watch and learn!
I trade my own information and follow my own methods.
  • #8
  • Jul 6, 2020 5:11am Jul 6, 2020 5:11am
Keep it simple: Get your directional bias and S/R zones on the HTF, say H4 tf (if a scalper) or D1 (if swing trading) and wait on a lower tf (say H1 or 15M) for price action momentum.

Stay safe, trade safe.

KP
Do your homework, follow the footprints of smart money
  • #9
  • Jul 6, 2020 5:16am Jul 6, 2020 5:16am
Quoting Stefan90csk
Trading idea: GBPUSD on 15m is forming a nice up channel. TP @ 1.25005 SL @ 1.24700 Reward to risk ratio - 1:2 {image}
Tp hit.
Patience and Discipline.
  • #10
  • Jul 6, 2020 5:19am Jul 6, 2020 5:19am
New idea!

Gbpusd sell @ 1.24900

TP @ 1.23730 ( it’s big because of the daily range of recent Monday’s )
SL @ 1.25130 ( above today high. If it breaks - further upside to 1.25500 is expected, but I will not open more positions )
Patience and Discipline.
  • #11
  • Jul 6, 2020 5:20am Jul 6, 2020 5:20am
Quoting KeenPips
Keep it simple: Get your directional bias and S/R zones on the HTF, say H4 tf (if a scalper) or D1 (if swing trading) and wait on a lower tf (say H1 or 15M) for price action momentum. Stay safe, trade safe. KP
10q for the support.
Patience and Discipline.
  • #12
  • Jul 7, 2020 1:16am Jul 7, 2020 1:16am
Hi again,

Here is the second strategy I use on my daily trading:

Again I'm using the 20,50 and 200 MA. These can be used for signals. Once the 20 and 50 MA cross on the 30 min you can use them as a signal for both buy and sell. You have to wait for the next candle after the cross and then you can enter the trade. They can be also used for support and resistance, especially the 200 MA.

Another quite useful thing is the this support and resistance indicator I have attached.

Once you combine all of the above it is quite an easy strategy to use.
Attached File(s)
File Type: ex4 fxr_sr_zones_3.33.ex4   79 KB | 384 downloads
Patience and Discipline.
  • #13
  • Jul 7, 2020 3:13am Jul 7, 2020 3:13am
I keep things simple by developing a mastery of structure-based price action trading. There are many things involved but knowing how trends unfold and break is an important first step. Below is one video you may find helpful in this regard, particularly to keep you from being fooled by false moves. Disclaimer: I have no financial interest in the presenter, neither am I holding him up as a 'guru' to follow.

Stay safe, trade safe.

KP

Inserted Video


Quoting KeenPips
Keep it simple....
Do your homework, follow the footprints of smart money
  • #14
  • Jul 9, 2020 1:27am Jul 9, 2020 1:27am
Hello Guys,

This is my final strategy I use.

Maybe you have heard about the Gartley patterns. It is so-so simple strategy and can give you great signals.

I'm attaching the indicators and I'm open for questions.


Here you can find some more info how to use the signals you get from the indicator.

https://www.forexmt4indicators.com/h...ding-strategy/

Feel free to share your info and strategies.
Attached File(s)
File Type: ex4 gartley-patterns.ex4   159 KB | 369 downloads
File Type: tpl Gartley.tpl   15 KB | 354 downloads
Patience and Discipline.
  • #15
  • Jul 10, 2020 3:17am Jul 10, 2020 3:17am
Quoting dkrock
I think your trading ideas are extremely novice and will lead to a lot of losses. For one thing, you just made up some moving average values and are relying on your fantasy moving averages for trading decisions. They have absolutely no alignment to any market patterns. Second thing, you just make up take profit points by drawing ridiculous lines to connect historical trades. Support/resistance trading is fake, fake, fake. So, all in all, you are doing what 95% of people do, and let's not forget that it is estimated that 95% of people are losers....
Okay, point well taken.
What is your solution/strategy that can teach anyone to be profitable?
Lost....
  • #16
  • Jul 10, 2020 3:21am Jul 10, 2020 3:21am
Quoting gespiri
{quote} Okay, point well taken. What is your solution/strategy that can teach anyone to be profitable?
I guess he deleted that colorful post......
Lost....
  • #17
  • Jul 10, 2020 3:28am Jul 10, 2020 3:28am
Quoting dkrock
{quote} Never mind. I deleted my post. I just get tired of seeing these things circulating. Someone wins a trade and suddenly they are expert traders. I am not going to spoon feed you on how to be a billionaire. That would be stupid. But, this isn't it. Do some research. Learn how to track the market properly.
I'm one of the few who don't expect nor like handouts.
However, if I'm going to criticize or put down another person, I better have an alternate solution/suggestion.
Otherwise, I just ignore posts that don't suit my trading beliefs. No offense given nor taken.
Lost....
  • #18
  • Jul 10, 2020 3:36am Jul 10, 2020 3:36am
Quoting dkrock
{quote} Well, you should point out bad advice. I "criticized" the strategy, not the person. Thanks for not seeing the difference. I saw your screenshots and you are passionate about "lines", LOL, so I suppose that is why you feel so offended. Oh well. Live and learn. As for alternate solutions, LOL, look me up instead of attacking me with your nonsensical ranting.
I don't think you're a balanced person......
You assume too much about other people you don't even know. I don't really care much about lines nor I am offended.
This is why this thread was formed to rid of comments from people like you.
Lost....
  • #19
  • Jul 10, 2020 3:53am Jul 10, 2020 3:53am
OMG, we have a live NUTCASE in this thread (dkrock). He would post criticisms then delete them in order not to have any history.

Someone PM'ed me about him....
"dkrock is a nut case with low IQ. don't waste time attempting communication with it."

Another one on the ignored list.....
Lost....
  • #20
  • Jul 10, 2020 6:10am Jul 10, 2020 6:10am
Quoting gespiri
OMG, we have a live NUTCASE in this thread (dkrock). He would post criticisms then delete them in order not to have any history. Someone PM'ed me about him.... "dkrock is a nut case with low IQ. don't waste time attempting communication with it." Another one on the ignored list.....
You read the thread all the way through and it really lists very beginner level strategies. By the way you have broken the rules of the thread starter.
do not offend anyone.
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