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Let's Make 20pips - Simple System

  • #81
  • Jul 21, 2016 7:45am Jul 21, 2016 7:45am
Potential bullish continuation on AUDCAD H4. Awaiting close of current bar.
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Time it carefully, Plan it thoroughly, Trade it confidently!
  • #82
  • Jul 21, 2016 2:29pm Jul 21, 2016 2:29pm
Quoting ooLah
Potential bullish continuation on AUDCAD H4. Awaiting close of current bar. {image}
Closed this trade for +31pips. Great continuation trade.
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Time it carefully, Plan it thoroughly, Trade it confidently!
  • #83
  • Jul 21, 2016 2:58pm Jul 21, 2016 2:58pm
Quoting ooLah
GM everyone! Nice trades Omidak! Long NZDUSD H4. {image}
tp +20pips
Time it carefully, Plan it thoroughly, Trade it confidently!
  • #84
  • Jul 21, 2016 5:53pm Jul 21, 2016 5:53pm
Quoting ooLah
Bullish continuation setup on AUDUSD H4. So far we have only been taking REJECTION TRADES. {image}
closed this trade +4pips. Maybe it will take off later, but I'm done for today.
Time it carefully, Plan it thoroughly, Trade it confidently!
  • #85
  • Edited 10:50am Jul 22, 2016 5:11am | Edited 10:50am
Hello everyone.
Must try the continuation trades too...

Next trade: Cad/Jpy 4h rejection. Buy on next candle. (result: +20 pips)
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  • #86
  • Edited 10:48am Jul 22, 2016 5:25am | Edited 10:48am
Next trade:

rejection Aud/Chf 4 . Buy on next candle. (edit: result -20 pips)
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  • #87
  • Jul 22, 2016 6:24am Jul 22, 2016 6:24am
GM everyone. Nice early bird trades Omidak!
Time it carefully, Plan it thoroughly, Trade it confidently!
  • #88
  • Jul 22, 2016 6:46am Jul 22, 2016 6:46am
Long GBPUSD H4.
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Time it carefully, Plan it thoroughly, Trade it confidently!
  • #89
  • Jul 22, 2016 6:58am Jul 22, 2016 6:58am
Quoting ooLah
Long GBPUSD H4. {image}
Trade protected. Tp moved to 20pips
Time it carefully, Plan it thoroughly, Trade it confidently!
  • #90
  • Jul 22, 2016 7:02am Jul 22, 2016 7:02am
Ok I'm out +13pips. Not much of a Friday trader. Trade went 19pips 4 times and pulled away. Safe trade and have a great weekend.
Time it carefully, Plan it thoroughly, Trade it confidently!
  • #91
  • Jul 24, 2016 11:08am Jul 24, 2016 11:08am
Quoting ooLah
Long GBPUSD H4. {image}
why not long one candle before?
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  • #92
  • Jul 25, 2016 6:56am Jul 25, 2016 6:56am
Quoting mambomango
{quote} why not long one candle before? {image}
Hi mambomango,

Coupled with the fact that the second setup had a better test and I was there for the first, in the first setup notice that the return bar also closed below the bearish close. Additionally, this trade may have been successful. Scoot down to a 5 min chart and see what happened on return .
Time it carefully, Plan it thoroughly, Trade it confidently!
  • #93
  • Jul 25, 2016 7:34am Jul 25, 2016 7:34am
Quoting ooLah
{quote} Hi mambomango, Coupled with the fact that the second setup had a better test and I was there for the first, in the first setup notice that the return bar also closed below the bearish close. Additionally, this trade may have been successful. Scoot down to a 5 min chart and see what happened on return .
i mean the london open candle, it closed exactly on the bearish close with 2 rejection bars between and the wick of the next candle was just 15pips long.
you went long after the next bearish candle but just the wick touched the support zone, im a bit confused.
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do you think this trade setup was valid?
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  • #94
  • Jul 25, 2016 8:48am Jul 25, 2016 8:48am
Quoting mambomango
{quote} i mean the london open candle, it closed exactly on the bearish close with 2 rejection bars between and the wick of the next candle was just 15pips long. you went long after the next bearish candle but just the wick touched the support zone, im a bit confused. {image} do you think this trade setup was valid? {image}
Sorry mambomango, I'm at work.

On my platform the london open candle closed below the bearish close. Also the setup you have is valid but the trade already triggered and delivered its results.
Time it carefully, Plan it thoroughly, Trade it confidently!
  • #95
  • Jul 25, 2016 5:23pm Jul 25, 2016 5:23pm
next trade

Eur/Cad 4 hours . Short on this one.
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  • #96
  • Jul 26, 2016 6:30am Jul 26, 2016 6:30am
@oOlah thanks a lot for bring up this simple system up,I have been studying this method since it cropped up,well I can simply conclude that it has high probability, but one the I noticed apart from your own initial inputs is that those zones where price surged before either the 2 rejection has a higher chance of grabbing a least 2:1 or more..please let's keep this thread alive ,guys..
  • #97
  • Jul 26, 2016 5:37pm Jul 26, 2016 5:37pm
@ooLah
please I find it difficult to understand this your strategy can you help me. I have read the thread from beginning can you make a video. This your method seems good.
  • #98
  • Jul 26, 2016 10:05pm Jul 26, 2016 10:05pm
Hi @oolah,

Seems like a simple, great strategy to me. Just wondering before i do backtesting, what is your preferred broker? As different broker might provide different candle formation based on its opening time.

Kindly advise.

Regards,
PJB
"Market is a Woman. Be a man, lead her and you're drop DEAD!"
  • #99
  • Aug 31, 2016 7:02am Aug 31, 2016 7:02am
Hey everyone,

Thought I would get things rolling here again, I believe some people may be still trading this system and some are/were trying to get it.
Time it carefully, Plan it thoroughly, Trade it confidently!
  • #100
  • Edited 7:39am Aug 31, 2016 7:05am | Edited 7:39am
Short USDCAD 4 HOUR. BULLISH CLOSE (THAT IS, THE BAR WITH THE FRACTAL AT THE TOP) REJECTED TWICE. My stop is a -30pips on this trade.
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Time it carefully, Plan it thoroughly, Trade it confidently!
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