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Daily Trading Strategy [ADR + RSI = High Probability]

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  • Post #201
  • Quote
  • Aug 6, 2020 11:21am Aug 6, 2020 11:21am
  •  Brmg3620
  • | Joined Jul 2020 | Status: Member | 9 Posts
Quoting mirgi
Disliked
GBPCHF SL {image}
Ignored
You made a bad entry
 
 
  • Post #202
  • Quote
  • Aug 6, 2020 11:23am Aug 6, 2020 11:23am
  •  diamonddbw
  • Joined Sep 2010 | Status: Member | 2,013 Posts
EurJpy
1/2 off @ +12

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1
  • Post #203
  • Quote
  • Aug 6, 2020 11:38am Aug 6, 2020 11:38am
  •  ScorpioForex
  • | Joined Feb 2019 | Status: Member | 123 Posts
Quoting redfan
Disliked
Just come across this EA for this OGT RSI, I think ZOHEB01 Has been testing it FOR a similar trading idea. Going to give it a go tomorrow.
Ignored
Keep us updated please. Curious to see how it works. I personally prefer to manually trade. Keeps me honest and I'll see things the EA wont
Green pips to all
 
 
  • Post #204
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  • Aug 6, 2020 12:05pm Aug 6, 2020 12:05pm
  •  diamonddbw
  • Joined Sep 2010 | Status: Member | 2,013 Posts
Attached Image (click to enlarge)
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Name: EJ TP Aug 6.png
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EJ TP right at Daily Central Pivot (Magenta Line)

Now just hit Daily Open (White Line)
 
1
  • Post #205
  • Quote
  • Aug 6, 2020 1:15pm Aug 6, 2020 1:15pm
  •  dacapo
  • | Joined Jul 2013 | Status: Member | 5 Posts
Quoting diamonddbw
Disliked
{image}EJ TP right at Daily Central Pivot (Magenta Line) Now just hit Daily Open (White Line)
Ignored
false thread. go to divergence thread or open your own, please.
 
2
  • Post #206
  • Quote
  • Aug 6, 2020 1:20pm Aug 6, 2020 1:20pm
  •  meck1
  • Joined Nov 2018 | Status: Member | 234 Posts
eurusd 40pip tp
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"Cut your loses short and let the winners Run"
 
 
  • Post #207
  • Quote
  • Aug 6, 2020 1:29pm Aug 6, 2020 1:29pm
  •  varseb
  • | Joined Apr 2019 | Status: Member | 104 Posts
Hello this the result of today
Ive test with paire exotique
I'm on my phone grapique tomorrow
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  • Post #208
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  • Aug 6, 2020 1:31pm Aug 6, 2020 1:31pm
  •  meck1
  • Joined Nov 2018 | Status: Member | 234 Posts
Chf ddnt go well, i thought it was news but not sure

nzd chf
stopped out SL -15 pips
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audchf
stopped out SL -15 pips
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"Cut your loses short and let the winners Run"
 
1
  • Post #209
  • Quote
  • Aug 6, 2020 1:34pm Aug 6, 2020 1:34pm
  •  meck1
  • Joined Nov 2018 | Status: Member | 234 Posts
Eurgbp TP 20 pips

before
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"Cut your loses short and let the winners Run"
 
 
  • Post #210
  • Quote
  • Aug 6, 2020 1:38pm Aug 6, 2020 1:38pm
  •  varseb
  • | Joined Apr 2019 | Status: Member | 104 Posts
Quoting meck1
Disliked
Eurgbp TP 20 pips avant {image} après {image}
Ignored
Yes me too the same
 
1
  • Post #211
  • Quote
  • Aug 6, 2020 1:40pm Aug 6, 2020 1:40pm
  •  meck1
  • Joined Nov 2018 | Status: Member | 234 Posts
i have some trades still running, usually they are all closed by now. will see how they turn out
"Cut your loses short and let the winners Run"
 
 
  • Post #212
  • Quote
  • Aug 6, 2020 1:43pm Aug 6, 2020 1:43pm
  •  BrasilForex
  • | Joined Jan 2008 | Status: Trading | 202 Posts
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Running a EURNZD long
 
1
  • Post #213
  • Quote
  • Aug 6, 2020 2:35pm Aug 6, 2020 2:35pm
  •  meck1
  • Joined Nov 2018 | Status: Member | 234 Posts
stopped out Gbpaud sl -25

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"Cut your loses short and let the winners Run"
 
 
  • Post #214
  • Quote
  • Aug 6, 2020 2:39pm Aug 6, 2020 2:39pm
  •  Pip Bull
  • Joined Dec 2011 | Status: Member | 114 Posts
Quoting meck1
Disliked
eurusd 40pip tp {image}
Ignored
Hi Meck1. I appreciate your posts and it looks like you're doing great. I think you made a mistake taking the EUR/USD short. Price did not hit the ADR high. The ADR program fixed the upper line there after price went up early in the day. Of course, the bottom ADR line was valid but the RSI was not at an extreme.
PB
 
 
  • Post #215
  • Quote
  • Aug 6, 2020 3:15pm Aug 6, 2020 3:15pm
  •  meck1
  • Joined Nov 2018 | Status: Member | 234 Posts
stopped out Audcad sl -15pips

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"Cut your loses short and let the winners Run"
 
1
  • Post #216
  • Quote
  • Aug 6, 2020 3:18pm Aug 6, 2020 3:18pm
  •  meck1
  • Joined Nov 2018 | Status: Member | 234 Posts
Quoting Pip Bull
Disliked
{quote} Hi Meck1. I appreciate your posts and it looks like you're doing great. I think you made a mistake taking the EUR/USD short. Price did not hit the ADR high. The ADR program fixed the upper line there after price went up early in the day. Of course, the bottom ADR line was valid but the RSI was not at an extreme. PB
Ignored
is it, my bad then. i was busy today i ddnt enter it i thought i had missed it. thats why there isnt a before and after. Thanks again
"Cut your loses short and let the winners Run"
 
2
  • Post #217
  • Quote
  • Aug 6, 2020 3:37pm Aug 6, 2020 3:37pm
  •  Gabrielcosta
  • | Joined Aug 2020 | Status: Member | 15 Posts
Quoting redfan
Disliked
I know the owner of this thread has not been on it for a couple of days, And I don't like going against the system Without his permission, He did say on one of his other videos that he didn't mind people suggesting things so long as it wasn't too far from the original trading idea, I think this may help. I'm always mixing Indicators up together, like putting a RSI on a MACD chart, So you have the MACD cross giving you your trade entry and the RSI giving you your oversold and overbought areas, All-on-one chart, So I've been trying different indicators...
Ignored
200 exponencial or simple ? And how period the obv?
 
 
  • Post #218
  • Quote
  • Aug 6, 2020 3:42pm Aug 6, 2020 3:42pm
  •  meck1
  • Joined Nov 2018 | Status: Member | 234 Posts
stopped out Eurnzd sl -35 pips

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"Cut your loses short and let the winners Run"
 
 
  • Post #219
  • Quote
  • Aug 6, 2020 4:01pm Aug 6, 2020 4:01pm
  •  redfan
  • Joined Sep 2011 | Status: Member | 1,079 Posts
Quoting Gabrielcosta
Disliked
{quote} 200 exponencial or simple ? And how period the obv?
Ignored
Attached Image
Attached Image
 
 
  • Post #220
  • Quote
  • Aug 6, 2020 4:30pm Aug 6, 2020 4:30pm
  •  PipBros
  • | Joined Jul 2018 | Status: Member | 89 Posts
Quoting meck1
Disliked
stopped out Eurnzd sl -35 pips before {image} after {image}
Ignored
If I understood Zoheb correctly. The trade should be taken at the first MACD cross to the left once ADR is hit. I've seen 2 or 3 trades where you use a MACD cross after the ADR was hit. Just an observation

Seems like today wasnt to good
 
 
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