How I Trade While Working Full Time

Hello mopaditi, i wanna to thank You for great thread. I have questions also
Your SL is 1.5xADR(20) but on Your chart i see something like this

What is ABR?
If You can please share Your indi with ADR

Another question - is this Live account or Demo?

When do You move Your SL to BE?

Thanx and wish You all the best

Hi laksior,
I trade a SL of 1.5 x ABR (20) [average bar range over the last 20 bars] NOT ADR. I wrote that wrong before. Sorry for the confusion. Here's the indicator:



I'm currently re-evaluating my BE strategy.
I trade live and demo accounts.

Thank You very much

EURUSD RECAP:
Indecision candle. This looked like a good signal after an uninterrupted run up against the trend.
Momentum is strong against my trend AND yellow line is above 50%. Skip third trade.
Good signal 4am on 2-3 16
Closed out before NFP.

GBPUSD RECAP:

Second trade in series was against rules - yellow D1 RSI was above 50% - and I paid the price.
The trade series later in the week was a BE on the first trade and a loss [out before NFP]

USDJPY RECAP:
First trade was a loss
Second signal was a winner.
Closed out before NFP.

EURJPY RECAP:
Stopped out BE
Stopped out BE
Took no further trades.

GBPJPY RECAP:
1ST BUY
2ND BUY in series
Out for a combined profit on both trades in first series
Only took one trade in 2nd series. I was watching price drop and decided to reduce my risk. Took profit after 4 candles [per rules].

After 2 lower highs I saw a 3rd lower high developing and took a sell

AUDUSD RECAP:
1st trade was a loss
2nd and 3rd trades were small losses

Out before NFP

EURGBP RECAP:
Historically, RSI had been higher for successful signals, so I waited another candle.

The D1 RSI is lower here, but this pattern - a lower/smaller RSI following closely after one which is higher/larger - is a winner more often than not so I took the trade. Stopped out at BE. I didn't like the look of the huge candle at the next signal, so I passed. This system produced many signals and another will be along soon. I also considered that the week had been volatile and choppy and ABR was increased over EVERY PAIR. This is the time to be picky.

nzdusd recap:
Nice signal with 2 indecision candles. Too bad I missed these. Not sure where I was . I caught the trade on Friday early, though.
Out before NFP.

Usdcad recap:
I didn't take the first two series [2 sell trades each - only the first series has arrows], but both would have been winners
Out at BE.

Usdchf recap:


Spike down caught all three SL.
Should have taken middle of the week signal [2-3 4am] before it fell off the cliff, but I missed it.

Gbpaud recap:
W1 RSI line was right at 50, but price had clearly reversed and plummeting signal candle was likely to reverse, so I entered a buy.
2nd trade
stopped out at BE

cadjpy recap:
First 2 trades = small profits.


No more trades due to conflicting D and W RSI lines

Nzdjpy recap: This pair was a bear this week. SL hit on two series of 2 trades each time. Ouch.

Audcad recap:
First trade = price reversed leaving me with a small profit
2nd trade = BE

cadchf recap: 3 trade series early in the week = profitable.

eurnzd recap: 3 trades. 1 loser and 2 BE.

gbpchf recap:
Decided to hold off on the first signal because of historically better RSI on the D line. Then I slept through the buy signal at 4am.
Next signal was a winner.

Last signal was BE.