The Buy Low and Sell High System, the best way to make money

Looking decent enough. Going to leave it for the night.

Decent is that I accidentally took a micro lot instead of mini... daaaaaaaarnnnn......

Last evning I drew some boxes..... and today i have this

What do you think?

Nice, that's where I'm monitoring as well! I'll wait until price show signs of exhaustion (bear traps, side ways, pins, double bottom, etc) before I buy around this zone.

What a bad day to be busy! CAD/JPY gave us couple nice opportunity to buy low, and I was out all day! I'm tempted to sell right where it is and ride back down to 1.00.

Got in CAD/CHF near S/R. Here's H4 chart


Entered when M15 formed a 2 bar reversal. Initial stop was 15 pips. Already moved to BE.



It's either BE or massive R now.

On GPBUSD we'er hitting 2013s lows... what do you think it'll do after tomorrows interest rates decision?

Do we sell when it bounces or we buy when it touches the lows...??

AUD/USD made it to the bottom and hit TP


CAD/CHF hit BE


Now talking about buy low, usually nothing beats EUR/CHF hitting 1.20.
However this pair seems to spike and gap quite often this time around which worries me.

Hi Tunera

nice treath, has interesting stuff to bear in mind while trading, thanks for share your valuable market sighting

for those who want clear rules according with the poll, it is very easy to know what is "cheap" and what is "expensive", what is hi and low... not only into forex market, apply also to fish and tomatoes markets and not only with the past data, at the same time with the present price action... nobody knows the future thats right, but we know the intertia, because at last.. we dont want to know the future right? we only want to know what is cheap and what expensive...


Tunera is giving a high value way to follow the market depending on the strokes presents in a difficult market moment, like gold market at this moment like example, not trend, no book range, but the real market... then easiest when normal range and swing trading even while trend


Do not fight against the indicators, if you cannot catch the strokes properly ( the most of the times coz your chart approach is not the best) we can use ema's. There is a lot of theards with this stuff as strategy... ema's 3, ema's 5... not important, just remember an average is also the price, maybe better than a candelstick ( I left renko charts for a TMA "average of average")

ok, both charts i post with Tunera permission are eurusd 4hr and 1 hr same time, market just right now. this is the "huntin hi n low" strategy xD

ema 5
ema 12
the values are not important, just to have them stretch with the price, can be 9-12. 5-9.. up to you...

then, ema 5 high price
ema 5 low price
can be 3 not really important, just to have...









so, without enter into a theorical reasons...

the green circles means price is high, while red ones means price is low
it is good idea to sell the pair at this moment even the downtrend? not really... is not a high price to sell...

hello @ all,

what do you think about g/u right now? looks like a classic small break of last low, only to reverse now...



Regards

Chriss

...will try a long at 1.5057 - means a break of DS1... with targets around 1.51...

These would be the 2 zones I look for m15-h1 entry. If you're a longer term trader then you'll probably want to wait for the weekly range top/bottom.

Good morning @ all,

target nearly done...

Beside this, pending short placed at mR1 (1.5102) for trend continuation - first target 1.5060 and deeper....

Regards

Chriss

My attempt to short more oil early Asian.


Price still hasn't moved much.

Entered cad/chf with stop of 6 pips. TP is about 50 pips.


A little testing on UJ... this is the level I want to buy. So I short it with 0.01 lot and TP there. Hopefully I won't be stuck in this trade too long haha.

stopped out of cad/chf. -1R. Moving to the next trade.

me stopped out too at g/u...

I looking at u/j also, buy levels below at blue price label:




I think you're target is much deeper, right?

A classic London stop hunt on such a classic pair. EUR/USD. Broke Asian low stopped the bulls, broke Asian high stopped the bear. Big players clearing the board ready for NFP.


Let's see if the big players will leave any trace of their desire NFP direction.

I think EU is interesting now, we can see a perfect downtrend this week, downtrend that seems still intact, though we have some sort of support forming from yesterday ny session, the healthiest idea however seems to remain the one of sell high (and the current prices can be considered high enough as per chart), at least untill the current resistance line is broken.

Be careful with usdjpy, it's ready to literally explode (up or down difficult to say at this moment, i don't exclude any of the two directions for now.