Nirvana Trading

Ok, some of you may know me from my work on applying astrological elements to forex, from which I have helped a few people become successful at trading. Unfortunately, that was not initially the case for me, as by nature (I'm a coder) I always felt the urge of tweaking stuff just a little more, in my quest for the Holy Grail

This has led me on journeys studying everything from Gann and numerology/astrology, to price action, market flow and Volume Spread Analysis. I studied and experimented with Price Action and Supply and Demand theories, and even delved into Fourrier Transforms and also made some original cycle tools, like those included in Market Tides and Natural Cycle packages I launched in 2010.

I knew simplicity was the key to succeed in trading, but as a coder, the urge to code more and experiment with new things is hard to beat. Now I finally feel that phase is over, and starting today I want to share with you the way I feel is the most stable and consistent way (for me) of making pips in this market: the Sacred Grid.

The method itself is simple, and in this thread I will go through my own trades to show you guys how I perceive the expression of the price-time-volume grid on my EURUSD charts to skew the odds in my favour.

Here are the results over 5 days of live trading, so far:



For more info, check the official site: Nirvana Trading. If you decide to buy the system, use nirvanaffgrid as a promo code to get an 80% discount.

See you all next week with daily updates.

Hello, traders,

I just woke up (a little late today). By the way, I am trading the M5 and M1 charts. EURUSD is currently rangebound on the 5 minute chart, with a bit of pressure to the upside. We need to close above 1.4365 to entice the buyers into this move. I will keep you filled in with the trades for today.

Cheers

congrats. i will be a subscriber of this thread. go Romania.

Cool. Thanks

We had a close above that level, but no follow through. Took a small losing trade on this one, while price is back within the range.

Update: another close above the level, but bar is too big for me to enter right now. Will wait for a small pullback if it happens, if not I will stay flat for now. Better to follow the rules

Took long on break of 4380, out for 16 pips profit. Still down around 0.15% today

As you can see, profit was taken at grid intersection resistance.

We have climactic activity on the 15 minute chart. A break below 1.4355 would most likely signal a good short move on the EURUSD.

PS: Be prepared for a break to either direction of this climactic bar, but higher probability for downside action!

This is a typical VSA pattern, which is often how a climactic bar on a higher timeframe looks like when you zoom in to a lower timeframe.

You basically get an upbar with rising volume (effort to rise) with no follow through. Price can't go higher, making inside bars, low demand bars etc. It usually means a down move will follow, but you have to be patient and wait for a break of the low of that effort to rise bar, or use some other signals that can get you in the trade earlier (like the grid, which could have gotten you in short near 1.44, if you're comfortable with counter-trend trading).



UPDATE: price is now 30 pip below the low of that effort to rise bar. So this was a valid pattern.

This is a little graphical depiction of how I try to manage my trades:

Loving the presentation so far bumasoft, and good call about the effort to rise and bias down, EURUSD duly dropped..

Look forward to following, nice to see someone selling something and transparent about his own trading

Thank you. I hope it helps. Enjoy trading!

Be cautious with trading EURUSD right now, we are back in the morning's range and signals are mixed at the moment. We need to get back above 1.4365 to renew our interest for trading long, or below 1.43 for shorts.

I am favoring the SHORT side.

This is why managing your trade is so important and what I said in my earlier post about risk management.

I scale out of my positions as soon as there is a decent profit and the trade starts to turn on me, then I start to tighten my stop and move it to strategic positions, so that I reduce my risk. This strategy keeps my losers small and occasionally gets me into big winning trades.

We have an upthrust bar on EURUSD H1 chart. If we break the trendline,w e should see further down movement today.

(upthrust = hammer on low or high volume)



Update: we are now below the trendline and, while we should be expecting some sort of correction near 1.43, we will be hunting for a short trade after that happens.

We are waiting for a correction from this area, then a selling opportunity.



Update: correction was too small for my taste, so I missed the train. Will get back to you when I'm in a trade.

Another overall profitable M1 trade on EURUSD. Tricky.

Some more profits here.

A little counter-trend scalp demonstration

And a trend scalp on M1:



PS: That's an effort/no result pattern.