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Simple and profitable trading style

  • #4,901
  • Sep 16, 2021 5:46am Sep 16, 2021 5:46am
Quoting 9jatrader
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
30 mins had broken below the level. See you if there is any changes
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,902
  • Sep 16, 2021 5:47am Sep 16, 2021 5:47am
Many stochastic supported breakout this week. I have never seen many like this before now. Great week I must say
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,903
  • Sep 16, 2021 5:50am Sep 16, 2021 5:50am
Am already short on CHFJPY. The daily is breaking below support while stochastic is already on oversold. I will be using the daily to hold/monitor the position.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,904
  • Sep 19, 2021 10:08am Sep 19, 2021 10:08am
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}
I have fixed the problem about uploading. This is the reason I focus on shorter time frames. I caught on 1hr. Am using the 4hr and daily to follow up for now
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h1ff.png Size: 49 KB


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.
You could see that small time frames have nothing to do with size of your profit you would make

Quoting 9jatrader
{quote} The strategy is that you get in shorter TF, using the longer TF to follow up the movement.
Where I posted the strategy. It's 103 pips down
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,905
  • Sep 19, 2021 10:39am Sep 19, 2021 10:39am
4hr continues to move below the SMA, while the daily last candle closed below SMA/Middle band
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,906
  • Sep 19, 2021 3:41pm Sep 19, 2021 3:41pm
EURUSD and GBPJPY stochastic are on on oversold on 1hr. We may see some trade on those pairs. Am short already on EURUSD on 4hr. Stochastic may inform me to either hold on or exit
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdff.png Size: 44 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,907
  • Sep 20, 2021 1:10am Sep 20, 2021 1:10am
Quoting 9jatrader
I continue to learn from the market that there is no better place to wait for strong signal- specially reversal S/R levls
I caught this one last week. 130 pips down
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdrr.png Size: 48 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,908
  • Sep 20, 2021 2:49am Sep 20, 2021 2:49am
Short the GBPAUD and GBPNZD on fakeout
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,909
  • Sep 20, 2021 9:20am Sep 20, 2021 9:20am
Quoting 9jatrader
Short the GBPAUD and GBPNZD on fakeout
Just took GBPCAD (short) on fakeout
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,910
  • Sep 20, 2021 10:35am Sep 20, 2021 10:35am
Hi 9jatrader. Nice thread. It would be great of you can edit the first post to reflect the latest version of this strategy of yours. It seems now that you are trading a mixture of a few strategies. An update or summary would be helpful. Cheers !
  • #4,911
  • Sep 21, 2021 10:08am Sep 21, 2021 10:08am
Quoting 9jatrader
{quote} I have fixed the problem about uploading. This is the reason I focus on shorter time frames. I caught on 1hr. Am using the 4hr and daily to follow up for now {image} {quote} You could see that small time frames have nothing to do with size of your profit you would make {quote} Where I posted the strategy. It's 103 pips down
Still using longer time frame, 4hr and daily to follow the 1hr signal.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.png Size: 45 KB


Am not giving up yet. 4hr is still strongly trending below the middle band and SMA

135 pips down.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,912
  • Sep 21, 2021 3:21pm Sep 21, 2021 3:21pm
Hi 9JTrader, I live just about 1hour away from you in Warri.
Iam really interested in your style of trading. However, which time frame do you use and can you recap your trading syles in bullet points.Thanks and God bless.
  • #4,913
  • Sep 22, 2021 1:51pm Sep 22, 2021 1:51pm
Quoting shabgee
Hi 9JTrader, I live just about 1hour away from you in Warri. Iam really interested in your style of trading. However, which time frame do you use and can you recap your trading syles in bullet points.Thanks and God bless.
You're welcome. You have to your small job by reading some. It's a thread of different strategies.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,914
  • Sep 23, 2021 3:58am Sep 23, 2021 3:58am
GBPNZD 1hr is breaking support while stochastic is on the oversold. I have been on it and is 130 pips down. Am not adding position if it successfully breaks it, but to hold on to the trade. Happy trading
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzdff.png Size: 48 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,915
  • Sep 23, 2021 2:47pm Sep 23, 2021 2:47pm
Stochastic-based
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy-h1.png Size: 45 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,916
  • Sep 24, 2021 4:40am Sep 24, 2021 4:40am
I caught this one this morning. As usual I would be monitoring it with longer TF- for now with 1hr
Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfft.png Size: 62 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,917
  • Sep 24, 2021 5:37pm Sep 24, 2021 5:37pm
Quoting LeslieValen
Thanks for sharing this thread. I'm new to trading. I don't know much about it. But I think that the most profitable trading style is scalping. Though it's a little bit difficult to do. What do you think?
If you're comfortable with scalping it's good. I don't do scalping
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,918
  • Sep 25, 2021 3:16am Sep 25, 2021 3:16am
Quoting 9jatrader
I caught this one this morning. As usual I would be monitoring it with longer TF- for now with 1hr 4044102 {image}
I was not around when the reverse signal was formed, at least for small profit. It was strong Bullish Engulfing above support while stochastic was on oversold. I would have hedge it while the short would still remain in place.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfed.png Size: 44 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,919
  • Sep 25, 2021 3:20am Sep 25, 2021 3:20am
I caught this one also with stochastic. Sometime it just obeys and continues toward the direction. At times it can be crazy and becomes fakeout. I trade breakout and fakeout.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyed.png Size: 44 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
  • #4,920
  • Sep 25, 2021 3:31am Sep 25, 2021 3:31am
Quoting 9jatrader
I caught this one also with stochastic. Sometime it just obeys and continues toward the direction. At times it can be crazy and becomes fakeout. I trade breakout and fakeout. {image}
As usual, am using the longer TF to follow up. This time am monitoring it with the daily TF. The daily had closed above the upper band after a long time, since 1st July. When candle closes above the upper band after a long time we might have a great ride
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyrf.png Size: 53 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -66.1%
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