(binned per thread starter’s request) reversionX: A Rule-Based

Quoting rishee

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{quote} I'm not exactly sure what you're referring to, but I don't see any signals between 2 and 3. If you're seeing something different on your end, please share the screenshots, and I'd be more than happy to take a look.

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Quoting TheJube

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{quote} Hi, thanks. I assumed there were two buy oppurtunities between 2 and 3. Maybe im wrong, thanks! edit: i see also bullish divergence on the macd and BBsqueeze oscillators which could indicate a buy {image}

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Quoting Eskyflyer

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Decided to set take profit at 1:1 as I couldn't monitor the trades and both hit target. AUDUSD eventually reached 1:2 but would have hit breakeven before that and GBPCHF was a late entry but luckily made it to 1:1. Also two losses on EURCHF and EURGBP. {image} {image} {image} {image}

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Quoting rishee

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{quote} Great — make sure to journal every trade. Once you’ve logged 50 trades, we’ll have enough data to analyze performance, spot anomalies, and refine the strategy together that better suits your style.

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Quoting rishee

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Ending the day with break even on Oil {image}

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Quoting Snirodha

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{quote} Hi Mate, Thanks a lot for posting this system. It is well documented and will definitely test it out. May i know how do you monitor potential entries ? Do you use some kind of dashboard or just monitor the chart every 5 or 15 min for entries ?

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Quoting GhosTraderGT

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https://www.youtube.com/watch?v=gOMm1o_9Dcc Kathy Lien, a Managing Director of FX Strategy at BK Asset Management, has discussed mean reversion strategies, particularly in relation to bank trading. She's highlighted how bank traders use mean reversion, identifying market anomalies and trading the adjustment back to the mean. Lien's strategy involves using 15-minute charts and Bollinger Bands to identify entry and exit points. Here's a more detailed look at how Kathy Lien and others discuss mean reversion strategies: What is Mean Reversion?...

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Quoting Eskyflyer

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Managed to take one trade yesterday and resulted in breakeven. {image}

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Quoting rishee

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{quote} I understand — the trade hit your take profit right after stopping you out. Like I mentioned, with enough screen time and practice observing how price behaves around the indicators we use, your trade management will improve significantly. In this case, both MACD and TTM Squeeze were showing clear signs of weakening bearish momentum. That was a good reason to stay in the trade instead of moving your stop to breakeven too early. Of course, since the trade worked out, it's easy to say this in hindsight — but the point is, with more experience...

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Quoting rishee

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{quote} I understand — the trade hit your take profit right after stopping you out. Like I mentioned, with enough screen time and practice observing how price behaves around the indicators we use, your trade management will improve significantly. In this case, both MACD and TTM Squeeze were showing clear signs of weakening bearish momentum. That was a good reason to stay in the trade instead of moving your stop to breakeven too early. Of course, since the trade worked out, it's easy to say this in hindsight — but the point is, with more experience...

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Quoting rishee

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{quote} Quick 5R trade — this is exactly the kind of setup I was referring to earlier. Even though the overall trend is still strongly bearish, the MACD is clearly losing momentum. That’s often a good time to secure profits. Could the move continue? Maybe — but given the shift in momentum, it's often smarter to take the win and exit cleanly. {image}

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