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BBMA Trading

  • #121
  • Dec 22, 2021 6:06am Dec 22, 2021 6:06am
pending set for ACad
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the cautious seldom err....C
  • #122
  • Dec 23, 2021 2:02am Dec 23, 2021 2:02am
Quoting pips29
{quote} I bet your equity growth is more than 5% in the last 2 weeks

Oh yes, it's been excellent. Closed my GBPUSD trade, with a sneaky little add on based on the 4hr chart, just shy of the daily 50ema. I would be very happy making this sort of return every month.
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  • #123
  • Dec 23, 2021 2:39am Dec 23, 2021 2:39am
chancing a short here
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the cautious seldom err....C
  • #124
  • Dec 23, 2021 2:41am Dec 23, 2021 2:41am
Quoting B.C
{quote} Oh yes, it's been excellent. Closed my GBPUSD trade, with a sneaky little add on based on the 4hr chart, just shy of the daily 50ema. I would be very happy making this sort of return every month. {image}
spectacular I'm waiting to go short at the 1.3445-1.3455 levels
the cautious seldom err....C
  • #125
  • Dec 23, 2021 6:30am Dec 23, 2021 6:30am
Quoting pips29
chancing a short here {image}
profit taken
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the cautious seldom err....C
  • #126
  • Dec 23, 2021 2:35pm Dec 23, 2021 2:35pm
Quoting pips29
{quote} spectacular I'm waiting to go short at the 1.3445-1.3455 levels
Based on the weekly chart I'm guessing?
  • #127
  • Dec 23, 2021 7:47pm Dec 23, 2021 7:47pm
I just read about BBMA today.
I opened short on EurNZD. Reentry on H4 after CSM and Extreme confirmation on H1 and M15.

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Is this correct?
We cut the winners short and let the losers run.
  • #128
  • Dec 23, 2021 11:44pm Dec 23, 2021 11:44pm
Quoting Ryd3n
I just read about BBMA today. I opened short on EurNZD. Reentry on H4 after CSM and Extreme confirmation on H1 and M15. {image}{image}{image} Is this correct?
I think you're headed the wrong way. See the 50ema on the 4hr is just starting to leave the BB? That's an indication price will go up, one of the principles is the BB will contain all the moving averages.

Looking at the lower times frames you've uploaded, they all say up to me. Although there's an extreme on the 15min, that's only an indication the trend may be ending, you need to look for a MHV, then CSD or CSM, then re-entry. Maybe you could've bagged a couple of pips to the mandatory tp, but I think you're trading the wrong direction.

Hope this helps, maybe pips29 will have more to add.
  • #129
  • Dec 24, 2021 2:40am Dec 24, 2021 2:40am
Quoting Ryd3n
I just read about BBMA today. I opened short on EurNZD. Reentry on H4 after CSM and Extreme confirmation on H1 and M15. {image}{image}{image} Is this correct?
yes, your entry was correct on your chosen tf
the cautious seldom err....C
  • #130
  • Dec 24, 2021 2:42am Dec 24, 2021 2:42am
Quoting B.C
{quote} I think you're headed the wrong way. See the 50ema on the 4hr is just starting to leave the BB? That's an indication price will go up, one of the principles is the BB will contain all the moving averages. Looking at the lower times frames you've uploaded, they all say up to me. Although there's an extreme on the 15min, that's only an indication the trend may be ending, you need to look for a MHV, then CSD or CSM, then re-entry. Maybe you could've bagged a couple of pips to the mandatory tp, but I think you're trading the wrong direction....
the 50 ema is still inside the bb..you need glasses my friend
the cautious seldom err....C
  • #131
  • Dec 24, 2021 2:57am Dec 24, 2021 2:57am
my view on EN on H4....from the chart you can see price has reached the lower limit of the weekly range and bounced from there..where price bounced from you will notice some previous lows being respected and in addition to this it was also a rejection of the 200 ema which I use for H4 and above..the initial target would be MAlo and if price continues down then the previous low or 200 ema will be the 2nd target,,,just my pennies worth..oh! btw spread will be getting crazy anytime
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the cautious seldom err....C
  • #132
  • Jan 3, 2022 3:28pm Jan 3, 2022 3:28pm
gone long on cable and taken a couple out for some profits. The remainder is already protected with a +ve stop.
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the cautious seldom err....C
  • #133
  • Jan 3, 2022 3:37pm Jan 3, 2022 3:37pm
I went short and took a portion out for some pips., it's always good to set off on a good footing at the start of a new year
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the cautious seldom err....C
  • #134
  • Jan 3, 2022 6:10pm Jan 3, 2022 6:10pm
congratz on new thread bro!
Do it like a Fool
  • #135
  • Jan 3, 2022 9:09pm Jan 3, 2022 9:09pm
@pips29 @Foolsgame Its been a long time. Happy new year!!!
Patient and focus.
  • #136
  • Jan 3, 2022 9:20pm Jan 3, 2022 9:20pm
Quoting pips29
{quote} the 50 ema is still inside the bb..you need glasses my friend
Could be. I don't know why I wrote the 4 hr 50ema was outside the BB, when it was clearly the 1 hr.
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  • #137
  • Jan 4, 2022 2:05am Jan 4, 2022 2:05am
Quoting Foolsgame
congratz on new thread bro!
thks bro, come and join me, we will make pips together
the cautious seldom err....C
  • #138
  • Jan 4, 2022 2:12am Jan 4, 2022 2:12am
Quoting B.C
{quote} Could be. I don't know why I wrote the 4 hr 50ema was outside the BB, when it was clearly the 1 hr. {image}
welcome to 2022, plenty of pips to be made this year..let's do it
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the cautious seldom err....C
  • #139
  • Edited 2:41am Jan 4, 2022 2:15am | Edited 2:41am
Quoting pips29
gone long on cable and taken a couple out for some profits. The remainder is already protected with a +ve stop. {image}
protected at +55 now
EDit: trade closed manually for +60
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the cautious seldom err....C
  • #140
  • Jan 4, 2022 2:19am Jan 4, 2022 2:19am
giving this a go now, long EU
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the cautious seldom err....C
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