RicardoDS Forex Trading Guide | Forex Factory

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RicardoDS Forex Trading Guide

  • #1
  • First Post: Edited Nov 27, 2021 12:44pm May 1, 2016 9:35am | Edited Nov 27, 2021 12:44pm
Closed thread
  • #2
  • May 1, 2016 9:36am May 1, 2016 9:36am
Double Bar Low Higher Close.
I learned this strategy after read in one site about a really smart trader called "James16" (the guy also made a thread here on FF)
I must say this works AF .
The name says all , look for two bars with the same low , but the second one should have a HIGHER CLOSE , this is a Buy signal
Example :
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  • #3
  • May 1, 2016 9:37am May 1, 2016 9:37am
Double Bar High Lower Close.
This is basically the opposite , two bars with same high , but the second bar have a lower close
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  • #4
  • May 1, 2016 9:38am May 1, 2016 9:38am
Ascending Triangle .
This happens when a up trend is losing momentum before it continues.
Wait for price to break the triangle to go long.
Example :
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  • #5
  • May 1, 2016 9:38am May 1, 2016 9:38am
Descending triangle :
Exactly the opposite.
Example :
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  • #6
  • May 1, 2016 9:39am May 1, 2016 9:39am
Fibonacci Fan+Retracement Strategy
Drag a Fibonacci retracement + fibonacci fan , when price touches a level where both retracement+fan confirms the continuation of the trend , this is a High Probality trade , this will increase winning ratio of fibonacci (only wait the price to show strenght when it touches the level)
Example :
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  • #7
  • May 1, 2016 9:40am May 1, 2016 9:40am
Another example :
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  • #8
  • May 1, 2016 9:41am May 1, 2016 9:41am
Line Graph with Elliot Waves.
This is a Multi Time Frame analysis strategy , we look the 30 mins , 1H and 4H on line graph , and see if all point on the same direction. Then , we find high probality trades trading the 5 Wave of Elliot.
Example:
The blue line is the line graph , and the red line is a 5 SMA , after the 4 waves are completed , we look to see price breaking the 5 SMA , and the 3 TFs pointing on the same direction .
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  • #9
  • May 1, 2016 9:41am May 1, 2016 9:41am
Another Example :
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  • #10
  • May 2, 2016 10:20am May 2, 2016 10:20am
Today i bought EURGBP perfect fibonacci confirmation on 1h
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  • #11
  • May 2, 2016 10:23am May 2, 2016 10:23am
And i closed it now for a 20 pips profit
im done for the day
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  • #12
  • May 4, 2016 9:41am May 4, 2016 9:41am
Yesterday i took no trades , but today i bought GBP JPY. As you can see , price made more then 3 consecutive lows , and then failed to make a new low , price went up righ after that. I forgot to post here when i opened , but i will start posting here right after i open a buy/sell
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  • #13
  • May 9, 2016 5:23am May 9, 2016 5:23am
I just bought USD CAD , it looks perfect , buy on support and MACD cycles confirming it , lets see how it goes
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  • #14
  • May 9, 2016 5:35am May 9, 2016 5:35am
Quoting RicardoDS
Yesterday i took no trades , but today i bought GBP JPY. As you can see , price made more then 3 consecutive lows , and then failed to make a new low , price went up righ after that. I forgot to post here when i opened , but i will start posting here right after i open a buy/sell
Very well Ricardo! I am impressed! Kids are better than adults. Until the adults shape them their own similar way and the kids turn to a regular stupid adults.

Ricardo, do not allow them to shape you their stupid adult way! Stay Kid! Stay Profitable!
Maadik Hugiis. IQ 69.
  • #15
  • May 9, 2016 5:41am May 9, 2016 5:41am
Quoting MoneyZilla
{quote} Very well Ricardo! I am impressed! Kids are better than adults. Until the adults shape them their own similar way and the kids turn to a regular stupid adults. Ricardo, do not allow them to shape you their stupid adult way! Stay Kid! Stay Profitable!
Thank you for the support man
  • #16
  • May 9, 2016 6:23am May 9, 2016 6:23am
Profit , done for the day
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  • #17
  • May 9, 2016 9:22am May 9, 2016 9:22am
This is what i mean by Price and MACD cycles btw
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  • #18
  • May 9, 2016 9:23am May 9, 2016 9:23am
Another example
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  • #19
  • May 9, 2016 9:25am May 9, 2016 9:25am
Another one , perfect symmetry
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  • #20
  • May 10, 2016 5:27am May 10, 2016 5:27am
I went short right now on CAD JPY , lets see how it goes
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