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Simple and profitable trading style

  • #4,881
  • Sep 6, 2021 11:54am Sep 6, 2021 11:54am
Eurusd Daily chart is interesting, If Stoch come out upper zone I will sell it with candle confirmations. Resistance is there.
we have got our candlesticks signal but I am waiting for Stoch confirmations.
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MA provides the market's current direction and strength.
  • #4,882
  • Sep 6, 2021 12:02pm Sep 6, 2021 12:02pm
EurUsd 12Hour chart generate nice signal. I have enter a sell with a candle confirmations.
Suggestions and advice are welcome.
I am new with this simple system. I know it is simple system that is why I very interested to know more about this simple system.
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MA provides the market's current direction and strength.
  • #4,883
  • Sep 6, 2021 4:52pm Sep 6, 2021 4:52pm
Quoting hasib
{quote} I have open a demo account just to trade this simple strategy. This is my first trade at EurGBP. Daily chart sell. Weekly chart price is in the lower side of the BB. Daily chart Stoch generate a support level and price is probably move lower. It is not A++ set up. But I took it. Suggestions, criticism, are welcome. I will trade only daily chart. NO LTF Lets see how this strategy work for me. {image}
Stochs has not crossed comfortably
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,884
  • Sep 8, 2021 3:31am Sep 8, 2021 3:31am
GBPJPY failed to break below support, 30 m while stochs is on oversold. I have to be bullish
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,885
  • Sep 8, 2021 4:04am Sep 8, 2021 4:04am
Quoting 9jatrader
GBPJPY failed to break below support, 30 m while stochs is on oversold. I have to be bullish
Same applies to AUDCHF, support, 30 m
Happy trading
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,886
  • Sep 9, 2021 10:25pm Sep 9, 2021 10:25pm
Quoting 9jatrader
{quote} Same applies to AUDCHF, support, 30 m Happy trading
Hi Buddy
did you stop trading Daily chart.

This week I have got some nice trade with this simple method in the daily chart.

Here is AUDCAD Trade setup. I am not that confident in this setup, Because last week price close above 20 SMA.
Today is CAD High impact news will come out.
If any one take this trade, I don't think he will lose much small stop and large tp target .
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MA provides the market's current direction and strength.
  • #4,887
  • Sep 9, 2021 10:32pm Sep 9, 2021 10:32pm
Quoting hasib
Eurusd Daily chart is interesting, If Stoch come out upper zone I will sell it with candle confirmations. Resistance is there. we have got our candlesticks signal but I am waiting for Stoch confirmations. {image}
My EU trade is still running. It was confluence zone. RN 1900 support. BB TOP, Stoch Break below.
I closed my EJ trade with profit.
I took EU trade @12H chart.
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MA provides the market's current direction and strength.
  • #4,888
  • Sep 11, 2021 3:06am Sep 11, 2021 3:06am
Quoting hasib
{quote} Hi Buddy did you stop trading Daily chart. This week I have got some nice trade with this simple method in the daily chart. Here is AUDCAD Trade setup. I am not that confident in this setup, Because last week price close above 20 SMA. Today is CAD High impact news will come out. If any one take this trade, I don't think he will lose much small stop and large tp target . {image}
With shorter time frames we catch big movement with small stop loss. My experience. Am bullish on AUDCAD, 1hr, Bullish Engulfing
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,889
  • Sep 12, 2021 2:07am Sep 12, 2021 2:07am
CADCHF on oversold, the correlated pair, the EURCAD is on oversold. See you when they form. Happy Sunday
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,890
  • Sep 12, 2021 5:15am Sep 12, 2021 5:15am
Quoting 9jatrader
{quote} With shorter time frames we catch big movement with small stop loss. My experience. Am bullish on AUDCAD, 1hr, Bullish Engulfing
Small stop reduce win rate, I found this information hard way.
Small TF excited the traders, Help traders to over trade & over think, Reduce win rate. Give more stress.
Help revenge trade. Small TF setup not reliable like Daily TF.

Instead of trading small tf what we can do is trading the daily tf. we can use H1 as our entry tf.
The bigger the tf bigger the return.
MA provides the market's current direction and strength.
  • #4,891
  • Sep 12, 2021 8:27am Sep 12, 2021 8:27am
Quoting hasib
{quote} Small stop reduce win rate, I found this information hard way. Small TF excited the traders, Help traders to over trade & over think, Reduce win rate. Give more stress. Help revenge trade. Small TF setup not reliable like Daily TF. Instead of trading small tf what we can do is trading the daily tf. we can use H1 as our entry tf. The bigger the tf bigger the return.
The strategy is that you get in shorter TF, using the longer TF to follow up the movement.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,892
  • Sep 13, 2021 3:48am Sep 13, 2021 3:48am
Hello friends, GBPCHF has broken resistance while Mr Stochastic is still on overbought, 30 mins
Make all mistakes in demo and rain in pips in live account
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  • #4,893
  • Sep 13, 2021 3:50am Sep 13, 2021 3:50am
Am already long
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,894
  • Sep 13, 2021 3:51am Sep 13, 2021 3:51am
Quoting 9jatrader
Hello friends, GBPCHF has broken resistance while Mr Stochastic is still on overbought, 30 mins
Using 4hr to follow up the trend. That's how I do
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,895
  • Sep 13, 2021 3:53am Sep 13, 2021 3:53am
My God continue to bless the man who mentored me and others, wherever he may be

Dead or still alive
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,896
  • Sep 13, 2021 11:39pm Sep 13, 2021 11:39pm
EURAUD had broken above resistance while stochastic was and still on overbought, 30 mins
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,897
  • Sep 13, 2021 11:48pm Sep 13, 2021 11:48pm
I would continue to say that the best place to wait for setup is the S/R levels, Joined the AUDCHF bears and EURCHF bears
Make all mistakes in demo and rain in pips in live account
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  • #4,898
  • Sep 16, 2021 1:38am Sep 16, 2021 1:38am
Lovers of Stochastic, it's currently on the oversold region on EURUSD. I have been in short position and am not adding. I would only hold on when it breaks below it. I just got into the correlated pair, USDCHE long when it broke above the resistance on 30 mins while stochastic is still on the overbought region. Happy trading week
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,899
  • Sep 16, 2021 1:58am Sep 16, 2021 1:58am
As I said before now on this thread and in another thread the best places to wait for signal are the S/R levels. Sometimes when price gets there it makes another great signal, like the Bearish Engulfing, Shooting Star, Gravestone Doji- for short positions, or Hammer (with Bullish Body), Pin Bar, Dragonfly Bullish Engulfing- for long positions
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
  • #4,900
  • Sep 16, 2021 2:00am Sep 16, 2021 2:00am
Sometimes price gets there, stalls and continue to accumulate. That's the best time to wait and be patient. wait for the breakout from that accumulation of price.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.6%
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