Navarra System

Hello everyone! I have been gone for a long time but am back in the forex game now for about 5 months. I have been doing really well and improving my system daily. pretty soon I will share it with you. As for now I will be posting the trades I will be taking.
The biggest thing I realized in the forex is to go off what you feel is going to happen. Dont jump in on price too early. Truthfully nobody knows where the market is going to go. We can all assume its going to a resistance, daily low, weekly low, fib, elliot wave, support & demand, etc.. When it doesnt we feel like we need another indicator so we can catch every single move. Its absolutely not possible. If it was we would all be rich. Of course we would like to but it takes time and hours and years of dedication. You will have to blow some accounts untill you learn that you dont just trade with instinct. You have to be patient. I have turned $500 in to $35,000 in 7 weeks only to get greedy and lose it all. Yes, thats right. I didnt walk away with any of it :/. I never trade demo. Everything I do is live. You have to feel the money you earn and the money you lose. The market is a gamble and the ones who play safe and smart will walk away with pretty good money.
Anyway, for right now I am short on Aud/jpy. target#1 90.467 target #2 90.267

System
http://www.forexfactory.com/showthre...=439621&page=3 POST#43

Indicators
http://www.forexfactory.com/showthre...439621&page=16 POST #315

New template
http://www.forexfactory.com/showthre...46#post6885746 POST #385

Something to remember is to not trade anything shorter than 15 minutes. I trade daily, 4hr,1hr charts only. My main chart is 4h. Daily shows me where the trend is. 4h is showing me what price is doing and where it might go. When i see a good trade on 4 hr i might go to 1h and see if I can get a better position. I use pivot points for exits. If you want to make money and not be fooled by fakes and spikes trade 4h timeframe only! also exit when I see TDI go flat or my dashboard go the opposite direction.

I place all my trades at 1:00am est. This is a good time to see where market is going to go for the night. Stop loss should be 60 pips. If you get in around the right time you wont need more than that. I usually keep my trades open untill 11:00 am the next day. Unless we are at a strong pivot level and I see indicators turning on me I will exit. Usually the market picks up more juice after 9:30 so I dont like to close trade till lunch time since thats when volume decreases and market ranges.

GBPAUD Short signal

Looks like AUD/JPY is finally starting to move down after some retracement up. shorted Thursday also and closed friday and tonight placed some more shorts. Still holding off for GBP/AUD till about 1:00
Sometimes Sundays are very tricky. You can have all the right signals and the market will move against you or not move at all. I only trade Sundays when I see an absolute Perfect set up. We will see if the market is nice tonight

Just staying with AUD/JPY. Shorts are in progress and take profit will be between s3 and weekly s1. Time to go to bed. Good night everyone.

Thank you for sharing your system but you dont show your indicators list also can you please give your template your system look nice and promising

I think he covered that on the first post!

." I have been doing really well and improving my system daily. pretty soon I will share it with you....."

Nothing new there except for a hell lot of indicators. Really like to see the trades

Good morning traders! Closed trades from last night because Sunday night trades are tricky like I said in earlier posts and monday mornings usually scare me so I took profit at S2 line instead of waiting for my take profit to be hit.

This system is nothing new. I basically took indicators that worked and put them together. I like having a little more indicators so that when they all match up I know im in a good trade. When one of them if not going with the others I dont trade. Picture below shows why I exited and I also placed a short on GBPUSD this morning

Seems like GBPAUD might be coming down later today. Still not to sure but GBPUSD seems like it might be exploding to the downside

System was pretty accurate on this one

With news coming out at 9:00 am est looks like it could be good for the Dollar. Trading news is always scary but if the system is showing all signals going the right way 85% of time it doesnt matter. Right now its showing GBPUSD is going down
TARGET 1.52904

Price should hit 200 ema on one hour chart. Might take profit there and play it safe. Couple more minutes

Sell signal on NZDUSD!

I try not to get greedy so as of right now staying with GBPUSD only. Sometimes greed takes over and as a trader you need to control it.

Taking a little longer this morning but I am still short. Some of you who trade 5 min or 15 min chart could of been fooled with the movement up :/. If it does end up going up then I got fooled
All indicators are still down on 1h chart. Lets see if the market gets some juice at 9:30

Be patient, it looks very good. I look forward to testing your system .. When are you planning to do publish the entire system with indicators and template?

showing why I was still in trade.

As you can see a couple posts back I said the system showed a sell on NZDUSD. Would of been a nice trade also to get in but wanted to stay with just one this morning

Where you see the check mark would of been where I entered. Trade was signaled there. Too bad I wasn't greedy this morning. Missed out on some extra cash...