EURUSD

This 1 hour 200 ma gave the most of the pips today and still counting.



Edit: Changed 100 ma to 200 ma

i took 0.5% margin trades only

...next, 1.17xx !?

EU looking to fall as low as 1.1710s on monthly and weekly, with possible rejection from the first at 1.1770s
1.1940s will reject any more advance if reached with lower resistance 1.1900s

Throwing a long on USDJPY, price is back in the MA's and has bullish divergence. This is outside of my normal trading hours but figured I would give it a go. As always, in a trend, enter trades to go away from the MA's in direction of trend.
*Edit: Added SL and TP after post

For the noobs, trading does not have to be hard.

Are those 9, 21 and 50 EMAs?

50 ema
100 ema
240 lma

It is a very simple and very profitable strategy. So basically use MA's to find the trend, enter with trend when price is in the MA's. Add an Oscillator to find divergence. Use divergence if you feel good enough to trade against/ or sometimes with trend. 2 types of divergence, hidden and regular. But I love this strategy, I can use it across many pairs and make good money with low stress when trading with the trend.

worlds simplest one indicator strategy

JY LONG.....

No SL , no TP ......Just short.....

DOW 30 SL at BE +++

EURUSD, before the price, slowly moving up on H1, but eventually the price drops and land at previous lowest, now the price at lower band based on H4, this is act as a support zone, but daily timeframe, RSI still not yet reach oversold area

For noobs, here is a chart for USD index called DXY, EURUSD runs mirror image to this in opposite direction. So as DXY gets higher, EURUSD goes lower and vice versa. I am showing you this because as you can see with the MA's, DXY is likely to be moving to an uptrend over several weeks. Basic price action tells us as price moves away from the the MA's, it must retreat back to the MA's to reload for another cycle, unless something should break that cycle. Anyhow, I will be focusing on EURUSD shorts until we hit the reversal area on DXY or DXY reverses. As it moves back down to the 50EMA, I will be hitting the EURUSD long. Keep in mind this is the DXY Daily chart, I trade the EURUSD on the 4H. Just wanted to show some of you that sometimes it is easier to identify trends using the DXY instead of the EURUSD. Because this is the Daily DXY it is not prone to such geopolitical or data movements that causes spikes and can provide a good overview of where price will be going.


I know from my past experience that it is easy to get caught up in multiple opinions and charts, please remember there are multiple traders on the forum that have winning strategies. And we all focus on different timeframes and methods. Just wanted to provide some clarity. For any of us posting our trades, if you have a question, make sure to ask it. If you choose a strategy, my suggestion is to master it. Don't move from one to another every week. Stay on one, understand it completely. Understand identifying trend, range, supply, demand, etc, try not to add a lot of indicators without first conquering the strategy and understanding price action. And please remember, there will always be some losing trades, know when to get the hell out. Or at the very least understand why and where it is highly likely it will reverse so you can trade your way out of it or minimize losses.

And for those of us who post, this is for noobs, not those who already are rocking their strategy. So do not get butt hurt.

Alright, beer is kicking in and I am getting long winded. I am out of here. Stay green!

Well shucks, SL was not hit, took a 2nd long entry at LL, played the retrace and got out at breakeven for 2 long positions. Will hit the charts during early London, time for some sleep.

Its a sell below 1850.

50% is the half of the yesterdays move that coincide with 1850 yesterdays break.

It went all down near the low and missed it for 1 pip! In other charts and brokers it took it out.

FOMC is the event of the day very later.

And that's how you know the banks have been there.
Do all the newbies think that they trade with massive stoplosses?