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Simple and profitable trading style

  • #4,841
  • Aug 23, 2021 8:39am Aug 23, 2021 8:39am
Patience has rewarded me. The strong Bullish Engulfing was formed long ago and was intercepted by middle band
Attached Image (click to enlarge)
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Make all mistakes in demo and rain in pips in live account
  • #4,842
  • Aug 24, 2021 1:58pm Aug 24, 2021 1:58pm
Quoting 9jatrader
{quote} One of my focus next week. Strong Shooting Star on the daily on GBPCAD, daily. I already entered on 30 mins.{image} The interesting thing about the daily signal is that it was formed below resistance. See you then USDCAD may also crash next week. Why GBP and USD form almost same setup?????. Big question
146 pips down already
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Make all mistakes in demo and rain in pips in live account
  • #4,843
  • Aug 24, 2021 1:59pm Aug 24, 2021 1:59pm
See you when exiting
Make all mistakes in demo and rain in pips in live account
  • #4,844
  • Aug 24, 2021 7:16pm Aug 24, 2021 7:16pm
AUDJPY bullish engulfing while stochastic was on oversold on daily
Make all mistakes in demo and rain in pips in live account
  • #4,845
  • Aug 27, 2021 10:20am Aug 27, 2021 10:20am
There is no better place to place order than the s/r when strong signals are formed there. I have caught some signals at the levels.
Make all mistakes in demo and rain in pips in live account
  • #4,846
  • Aug 27, 2021 10:31am Aug 27, 2021 10:31am
Charts not uploading- problem. I wanted to upload some i just got in on S/R. One is the EURCHF short, 30 mins
Make all mistakes in demo and rain in pips in live account
  • #4,847
  • Aug 27, 2021 10:32am Aug 27, 2021 10:32am
See you when exiting, I entered with high lot, 0.05
Make all mistakes in demo and rain in pips in live account
  • #4,848
  • Sep 3, 2021 11:57pm Sep 3, 2021 11:57pm
Hi 9jatrader

Here is EJ chart Stoch is over bought, there is a resistance too. If Stoch come out of Overbought area. we can expect price will move lower.
Price is below MBB in Weekly chart.
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MA provides the market's current direction and strength.
  • #4,849
  • Sep 4, 2021 12:07am Sep 4, 2021 12:07am
Quoting 9jatrader
Stochastic is already on overbought on USDJPY. Am also using Fibonacci to follow up and wait for reversal. see you then when it and remaining others are formed
Hi 9jatrader

Stochastic come out of overbought with a big candle. Did you trade this setup with a Sell stop. I mark the possible entry candle
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_4.png Size: 52 KB
MA provides the market's current direction and strength.
  • #4,850
  • Sep 4, 2021 7:48am Sep 4, 2021 7:48am
Quoting 9jatrader
Sometime ago I promise to show how to use Stochastic with support/resistance. For EURUSD/USDCHF trader we should expect the EURUSD bullish this week while the USDCHF would continue bearish on the daily chart. There is possibility of retracement anyway, but the overall movement this week is Bullish EURUSD and bearish USDCHF. I have the EURUSD chart to share. You could see that the support failed to be broken while the stochastic was on oversold and a strong bullish candle was formed right above the support while Mr Stochastic...
78 pips following strong bearish pressure after the signal. Am still holding on
Make all mistakes in demo and rain in pips in live account
  • #4,851
  • Sep 4, 2021 7:54am Sep 4, 2021 7:54am
Quoting hasib
{quote} Hi 9jatrader Stochastic come out of overbought with a big candle. Did you trade this setup with a Sell stop. I mark the possible entry candle {image}
The signal was not strong. If it was Gravestone Doji, Bearish Engulfing, Inverted Hammer ( with Bearish Body ), Shooting Star, I would have taken it. sorry for the late reply
Make all mistakes in demo and rain in pips in live account
  • #4,852
  • Sep 4, 2021 7:57am Sep 4, 2021 7:57am
Quoting hasib
Hi 9jatrader Here is EJ chart Stoch is over bought, there is a resistance too. If Stoch come out of Overbought area. we can expect price will move lower. Price is below MBB in Weekly chart. {image}
Yea. Thanks for this one. I would be monitoring it. I just wish strong bearish signal appears, as it's already on the bearish bias. I appreciate man.
Make all mistakes in demo and rain in pips in live account
  • #4,853
  • Sep 4, 2021 8:00am Sep 4, 2021 8:00am
Quoting hasib
{quote} Hi 9jatrader Stochastic come out of overbought with a big candle. Did you trade this setup with a Sell stop. I mark the possible entry candle {image}
I subscribe to you as we become buddy from today
Make all mistakes in demo and rain in pips in live account
  • #4,854
  • Sep 4, 2021 8:52am Sep 4, 2021 8:52am
Quoting 9jatrader
{quote} I subscribe to you as we become buddy from today
Ok Buddy we will discuss daily chart setup with BB,
I trade Daily setup with LTF like H4 sometime H1. Hope we will discuss and find more good opportunity and make $$.
MA provides the market's current direction and strength.
  • #4,855
  • Sep 4, 2021 10:12am Sep 4, 2021 10:12am
Quoting hasib
{quote} Ok Buddy we will discuss daily chart setup with BB, I trade Daily setup with LTF like H4 sometime H1. Hope we will discuss and find more good opportunity and make $$.
Yea. The signals that work on daily also work on shorter time frame
Make all mistakes in demo and rain in pips in live account
  • #4,856
  • Sep 4, 2021 12:10pm Sep 4, 2021 12:10pm
AUDUSD possible setup. Next week we have RBA Rate Statement.

we may see a good setup or we may see price break all resistance towards upside.
Lets see. After Rate announcement we can take positions

BTW, Do you follow fundamentals ?
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
  • #4,857
  • Sep 5, 2021 6:30am Sep 5, 2021 6:30am
Quoting hasib
AUDUSD possible setup. Next week we have RBA Rate Statement. we may see a good setup or we may see price break all resistance towards upside. Lets see. After Rate announcement we can take positions BTW, Do you follow fundamentals ? {image}
As you noticed Stochastic is already on overbought region. If I see strong bearish signal, I might get in. on the other hand if it's ready to fly further it should break either 0.952 ( low price broken support ) or 0.957 ( closed price broken support )

I do not follow fundamentals. I only check sometimes after strong market movement and see when has caused it. It's good to follow fundamentals. Sometimes market reacts the opposite way. Candlestick is great enough for me. Forex doesn't need to stressful.

EURJPY is already on overbought region. About the AUDUSD you shared, I decided to check the correlated pair, NZDUSD. I found that it had broken 0.70776 resistance while stochastic was on overbought. Some great signal this week- I hope so
Make all mistakes in demo and rain in pips in live account
  • #4,858
  • Sep 5, 2021 7:08am Sep 5, 2021 7:08am
Quoting 9jatrader
{quote} EURJPY is already on overbought region
If I see strong bearish below 130.704. I would be among the first to jump in
Make all mistakes in demo and rain in pips in live account
  • #4,859
  • Sep 5, 2021 7:11am Sep 5, 2021 7:11am
Forex is interesting if we are patient to wait for strong signal. That doesn't mean strong signals formed at the right place don't fail. They fail.
Make all mistakes in demo and rain in pips in live account
  • #4,860
  • Sep 5, 2021 7:15am Sep 5, 2021 7:15am
What sucks account like any bad trade is the S/R breakout. Sometimes Fakeout so rewarding- taking the opposite side after the breakout/retracement
Make all mistakes in demo and rain in pips in live account
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