Trading on TST indicators

If we broke border of option channel, it don't mean that you need to open buy immediately. It means that you have this level as target. But open deals with TP on this level you must only if you have good signal, and do it from strong level. So, the first order must be in area 1.5770. Why at 5770? Because only in last thursday we has complex of signals, was day direction to BUY, and price stopped on Key level. So, possible maximum drawdown in this case is about 100 pips. Second order may be on 5676 (bottom target on TST_Monthly).

So, summarize. You must have 2 buy-orders. Order from 5770 you can close yesterday and today to null. Order from 5676 you can close also on 5770 and earn 94 pips of profit. It's if you not comfortable to wait 5925. If you was careful with lot size and keep your Money Management, you are in profit now and can patiently wait 5925. I doing this.

Moreover, pound in buy-zone on TST_Global_Zone indicator. So, i open only buy deals in this zone, and use level 5925 as additional symptom.

Be attentive! If you see signal to buy or sell, don't need open deals from current levels! Look for strong levels for open order. It can be levels from TST_Ferrum, Key level on TST_Levels, or TST_Monthly.

Also look at my few first posts in this thread, i wrote that good levels for buy on pound is 5772 and 5768, but not upper.

Buy the Indexes was already in the Wednesday. So far, this would be a loss. Indicators Monthly and Forex Zone and have not indicated on page 1.

Please, read more attentive. I wrote that only one signal not enough. Need complex of signals and strong level for open order.

About orders and loss, i wrote that good level for buy is 5768 - 5772, 2 days ago was buy signal and TST_Monthly level on 5676. I said in video and wrote, that this system without stop-loss, so your maximum drawdown may be 94 pips. If you opened orders as i wrote and use the system as i wrote - you must be in profit now.

P.S.: And at wednesday was no signal from indexes

It seems i need to add Global and Monthly indicators in first post

And, to finish our discuss about it, my deals on pound (profit in pips) :



I trade as i wrote . And in profit now

I'll wait until you have a complete system.

But i already have complete system. And i get profit on it a long time.

Maybe it's hard to understand system that contains 5 indicators in few days. Try to watch this thread few weeks (don't trade, just watch), maybe it will be more clear for you.

Maybe this system just not for you, and this is normal. Not everyone can trade w/o SL, it's psychology of each trader, somebody can, but somebody not. If you can't trade w/o SL, you can try to trade to rebound from key levels, use SL = 20 pips, TP = 50. Try on demo, maybe you'll like it.

Also not everybody can trade in middle and long-term, it can be hard to sit and wait.

But i, for example, have many things to do in offline, i have family, and i want to spend my time with family, and not sitting all day behind terminal and looking at price. I made analysis at morning, set limit orders and don't touch before day closing. It's comfortable for me trade in middle-term, it takes small time and small nerve from me, and it gives good and stable profit - i like it . I wanna live life, and not spend all time in terminal.

P.S.: I hope you'll understand what i tried to say. And i will be glad to see you here in future.

Hello!

Let's see what we have today.

GBPUSD
Pound continues to work on buy-signals. Today we again have BUY day direction. But part of this signal pound worked at night. So today i think that top will be in area 1.5870 - 1.5906. Also possible stop at 1.5843.

USDCAD
CAD continues to make good work. Yesterday's indexes gave small rollback. Today we have weak sell signal, so maybe we continue to fall. My targets still the same: 0.9947 - 0.9965.

EURUSD
What to say about euro? She's in hysteric now. Just be careful. I awaiting descend till the options expiration (08 february), but she can make differ .
Yesterday was broken overprice level, so next possible stop at 1.3606 (upper target on TST_Monthly).

All pairs is sleeping

CAD in flat, EUR also w/o reaction. Only pound makes movements at this moment. He make stop and rebound from 1.5843.
So, now i awaiting second try to go upper to 5870-5906, or falling.

Yeah, i really love Canadian dollar


Look how precisely he made comeback to broken level. Good work!


If you have sell deals by my advise, better to close it here, because next target on 0,9947 can not give today. Because when we comeback to broken level, we very often make rebound.

Hello!

In friday was very strong movements on pound and euro, so today i don't expecting something special. Possible will be flat-buy on both pairs.

On GBP you can try to buy from key level at 1.5675, but use small lots, because data is chaotic today.

Euro, deep in sell-zone, but she's under political pressure, so hard to say when she stops. Very possible that in friday was local stop of growth, and on this week we can get flat-sell till expiration.

USDCAD
Day direction to sell. But levels are compressed, so today better don't touch him.

And, important moment!
Current week is week before options expiration. This week always dangerous, because in these periods often happens broke of levels and directions. So be careful on this week. Better use small size of lots in trading.

Good luck!

My traditional weekly report from public account (account, where i trade on TST_Global_Zone indicator) you can read here.

And second target on USDCAD was reached!!

CAD precisely touched 0.9947. Profit in your pocket

If you watch the GBPUSD, i think you notice, that in friday he broke bottom border of option channel (1.5765) and at Monday (yesterday) he came back to this level.

Hello everybody!

This week is week before option expiration (expiration at 08 february), so i trade more carefully in this week, and my comments also will be carefully.

GBPUSD
We have BUY tendency, but today possible little rollback.

USDCAD
If you have sell deals on CAD, you can try to hold it more down. Today we have no clear signals on CAD to open new deals. He came back to all target levels, and now resting

EURUSD
At last stops to growth. But it is euro and week is expiration, so very carefull. In middle and long-term i hold sell-deals.

Good day!

Let's see what we have today:

GBPUSD
Yesterday was rollback as expected. Today we have buy signal from TST_Indexes and day direction to BUY. And price now on key level 5649. Can try to buy here, or from 5606(bottom border of OC) if descends. Moreover, we on bottom TST_Monthly target.

EURUSD
Yesterday's growth looks like sell by better price. So today we can start to work these sells (and we also have day direction to SELL). But we can grow to 3645, so if you want to sell, then better from here.

USDCAD
Still weak SELL. Nothing special at this moment.

P.S.: Remind you that now is week before expiration, and expectations can be broken. Be very careful!

Hello!

Jolly (or dangerous? ) day expected today

GBPUSD
Yesterday pound can't broke Monthly level. Today we again have buy signal from TST_Indexes and buy day direction. At down we have key level at 5630 and bottom border of OC at 5629. Good place to buy . And we also have not far target at 5718 - it's broken border of OC from Tue (see on picture). So, today we have good signals, BUT, don't forget, tomorrow expiration, today many important news. So, maybe better to rest today (or use small lots).


EURUSD
All depends from news today. Can say only: Good luck!

USDCAD
CAD is sleeping. Maybe will wake up after expiration . Anyway better don't touch him till next week.

Current situation on GBP and CAD

Day started jolly as was expected

GBPUSD

At last buy-indexes and tendency to buy shoot! Part of profit fixed.
If this sentiment will save after expiration, then pound will be grow till wednesday. And need to look on TST_Monthly at Monday.
Next in line Euro. Let's see



USDCAD

CAD also start to work tendency to weak sell

Good thread following it closely. Thank you for sharing your strategy.