28pair Currency Strength double-GAP Momentum Strategy | Page 28 | Forex Factory

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Attachments: 28pair Currency Strength double-GAP Momentum Strategy
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28pair Currency Strength double-GAP Momentum Strategy

  • #541
  • Feb 28, 2016 9:00am Feb 28, 2016 9:00am
Bernhard, will we (those who donated for version 1) get the update ? thx
  • #542
  • Feb 28, 2016 9:15am Feb 28, 2016 9:15am
Quoting rabbit68
Bernhard, will we (those who donated for version 1) get the update ? thx
Yes. This i would also ask for.

Hope so.

Greets

Michael
Perfection is the enemy of good enough!
  • #543
  • Feb 28, 2016 11:47am Feb 28, 2016 11:47am
Quoting Bernhard
{quote} I got it special for you included in the next version.
Thanks :-)
  • #544
  • Mar 1, 2016 2:28am Mar 1, 2016 2:28am
Here we got best signal.
AUDJPY 20 + 20 pip
first we see flat market in night time. Market momentum (x) below fib 23 (m5).
then breakout of CS. Supported in Frankfurt Open (1h before London) >> long entry
then London open +30min reversed, CS were at Market Fibonacci 161 to 261 Retracement zones. >> short entry
Attached Image (click to enlarge)
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #545
  • Mar 1, 2016 9:22am Mar 1, 2016 9:22am
NZDCHF 20 pip
m5
that was a clear setup
SC came both in a straight line up/down
Attached Image (click to enlarge)
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #546
  • Mar 1, 2016 9:40am Mar 1, 2016 9:40am
Quoting Lightheart
Here is a short video of how I am using Bernhard's strength meter: https://db.tt/voVCMeG3
I am thinking to get your video in post 1 or a similar one. Mail me again please, somewhere i have your mail but I don't remember which one it is.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #547
  • Edited Mar 2, 2016 8:37am Mar 1, 2016 11:17am | Edited Mar 2, 2016 8:37am
trading with double GAP + market momentum (x) and market Fibonacci retracement zones
trades here: risk:reward 1:1 TP 15 SL 15
Attached Image (click to enlarge)
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #548
  • Mar 2, 2016 11:44am Mar 2, 2016 11:44am
NZDUSD 5 trades 20 pip each
higher TF h1
entries were on m5

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CADJPY 2 trades 20 pip each
h1 setup, m5 entry

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this has been asked before. What TF I look first. Get a setup in a higher TF first, then look for an entry in some smaller TF. Preferable 2 TFs smaller but it must not be always so. The market does not give always the perfect picture. Consider also when look at the pair PA, highs and lows as SR, then can try to enter at pullback with better price.
Most important is already done. The indicator showed in what currency and pair is momentum and what is direction.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #549
  • Mar 2, 2016 10:18pm Mar 2, 2016 10:18pm
Hi There, Question. Is there a system that uses the previous days high and low as the indicator to place 2 trades ?
  • #550
  • Mar 3, 2016 4:45am Mar 3, 2016 4:45am
Quoting rammer13
Hi There, Question. Is there a system that uses the previous days high and low as the indicator to place 2 trades ?
you are welcome rammer, but this is the wrong question.
CStrength28 shows you the full market condition of all 28 pairs.
Is the market activ or is it passive or is it in reversal condition... (market=28 pairs)
Which currencies are strong and which are weak...
What pairs have a setup to trade and what is the direction and do they have place to go...
Now the trader open the required chart and you will see the details of the pair and the trader can apply what ever trade system he like. The signal for the pair and direction is already given!
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #551
  • Mar 7, 2016 11:38am Mar 7, 2016 11:38am
early bird
started watching 10 minutes after Europe or Frankfurt Open until 40 minutes after London open with m15 double GAPs
TF m15. 50 pip TP each. SL/TP can be optimized with highs and lows or SR. (I did not here)
Take note of flat market in night before Europe open then the breakout happen.

USDCHF 50 pip
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AUDCHF 50 pip
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EURAUD 50 pip
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AUDNZD 50 pip
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #552
  • Mar 7, 2016 11:50am Mar 7, 2016 11:50am
Then after Europe came London accelerated CS: Note the empty place in the middle, I have write about in early pages.

GBPCAD 50 pip
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CHFJPY 50 pip
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GBPAUD 50 pip
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GBPJPY 50 pip
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #553
  • Mar 7, 2016 12:19pm Mar 7, 2016 12:19pm
Quoting Bernhard
Then after Europe came London accelerated CS: Note the empty place in the middle, I have write about in early pages. GBPCAD 50 pip {image} CHFJPY 50 pip {image} GBPAUD 50 pip {image} GBPJPY 50 pip {image}
It is hard to detect the gap when it is still forming especially on a lower time frame M15. I hope this is only for illustration purposes ending with 50 pips. Posting your profit would be a great help.

Edd
  • #554
  • Mar 7, 2016 1:27pm Mar 7, 2016 1:27pm
This is the advantage of the indicator. You can see market momentum (x) is flat for some hours before Europe opens. Then it does not need much to start the DGAP to be early in the trade. It is similar to be a breakout of a range. Switch between m15 and m5. The start is the vertical line of Frankfurt open. You are right this setup can not be used in general over the full day. Its special setup is for the open. I do not check much for higher TFs in this case. If market start to be active 50 pips are easy done. I do not scalp for 5 pips.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #555
  • Mar 7, 2016 8:41pm Mar 7, 2016 8:41pm
Quoting Bernhard
This is the advantage of the indicator. You can see market momentum (x) is flat for some hours before Europe opens. Then it does not need much to start the DGAP to be early in the trade. It is similar to be a breakout of a range. Switch between m15 and m5. The start is the vertical line of Frankfurt open. You are right this setup can not be used in general over the full day. Its special setup is for the open. I do not check much for higher TFs in this case. If market start to be active 50 pips are easy done. I do not scalp for 5 pips.

​Sir you indicator is amazing, but only if one understands it like you do. Each time I think I got the double gap and enter, I lose, but it seems you have special ways of knowing when the double gap will not lose.
Please when is the EA coming out that would have factored in the special occasions that you already know that is still very difficult for people like me to apply?
Thanks
  • #556
  • Mar 8, 2016 12:40am Mar 8, 2016 12:40am
Dear Bernhard,

i think your indicator has great possibilities. Your pictures show this all the time.
BUT, the pictures shows not the time a fresh signal comes in and they show only after all is make.
It is difficult to read the indicator and interpret if a signal is there or not.
Can you make this clearer with a series of picture or with a video and crystal clear trade?

Many thanks.

Michael
Perfection is the enemy of good enough!
  • #557
  • Edited 1:53am Mar 8, 2016 1:29am | Edited 1:53am
Quoting chidiezenyem
{quote} ​Sir you indicator is amazing, but only if one understands it like you do. Each time I think I got the double gap and enter, I lose, but it seems you have special ways of knowing when the double gap will not lose. Please when is the EA coming out that would have factored in the special occasions that you already know that is still very difficult for people like me to apply? Thanks
You have to post the trade. So I can't say what you are doing wrong. And you need to know how to trade when you go to the chart, this are basics, money and trade management, still some price action reading, respect SR and pivot but knowing if it is fresh or retested. Stay in higher TF trend. Then watch again the CS and enter on a pullback. confirm on lower TFs your trade to get better entry. How to apply market momentum is important.

I will start private coaching for a fee. I can give 1 or 2 hours on Teamviewer or skype. Anybody interested can mail me (mail on post 1 and profile).

Quoting MichaelSch
Dear Bernhard, i think your indicator has great possibilities. Your pictures show this all the time. BUT, the pictures shows not the time a fresh signal comes in and they show only after all is make. It is difficult to read the indicator and interpret if a signal is there or not. Can you make this clearer with a series of picture or with a video and crystal clear trade? Many thanks. Michael
Same here, you need to post picture without I can't say. Verify the DGAP each CS to be at least an angle 15-25% of the 50% market fibonacci level.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #558
  • Mar 8, 2016 2:41am Mar 8, 2016 2:41am
Quoting Bernhard
This is the advantage of the indicator. You can see market momentum (x) is flat for some hours before Europe opens. Then it does not need much to start the DGAP to be early in the trade. It is similar to be a breakout of a range. Switch between m15 and m5. The start is the vertical line of Frankfurt open. You are right this setup can not be used in general over the full day. Its special setup is for the open. I do not check much for higher TFs in this case. If market start to be active 50 pips are easy done. I do not scalp for 5 pips.






















Thank you. Posting your profit showing the date and time of entry from those gap will reinforce your teachings to be genuine. I don't want to think that you are only interested in selling the indicator. Please post where those 50 pips came from.



Edd
  • #559
  • Edited 4:26am Mar 8, 2016 3:49am | Edited 4:26am
Quoting Edd Ganuelas
{quote} It is hard to detect the gap when it is still forming especially on a lower time frame M15. I hope this is only for illustration purposes ending with 50 pips. Posting your profit would be a great help. Edd
You need to respect the trader. Profits are private. I can show you dozens of traders here on FF never post his account and this will not happen you need to respect the privacy. And my profits will not be your profits as your profits are not my profits. Learn from the illustrations and practice there is no shortcut in trading you need to do your homework.
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #560
  • Mar 8, 2016 10:47am Mar 8, 2016 10:47am
Quoting Bernhard
{quote} You need to respect the trader. Profits are private. I can show you dozens of traders here on FF never post his account and this will not happen you need to respect the privacy. And my profits will not be your profits as your profits are not my profits. Learn from the illustrations and practice there is no shortcut in trading you need to do your homework. {image}
Yes master Berhnard profits can be private, we don't really want to see that, we simply want to learn with certainty when to enter and it wont go against us.​
Keep the good work, but please produce the ea, that you will already put all the rules in and it will be good for the whole house.
Thanks
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