AUDchf This should be going up again ("and I want you to go up...!!!") - talking to the pair{image}
Good boy. UP...!!!
4 Hour Strategy (MACD)
- #29,841
- Sep 8, 2016 3:12am Sep 8, 2016 3:12am
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
Good boy. UP...!!!
- #29,843
- Sep 8, 2016 8:51am Sep 8, 2016 8:51am
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
AUDnzd
We have this "1-2-3 Higher Low" macd formation. Looks like a trend reversal next week (maybe).
We have this "1-2-3 Higher Low" macd formation. Looks like a trend reversal next week (maybe).
- #29,844
- Sep 8, 2016 9:18am Sep 8, 2016 9:18am
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
AUDjpy
Head n shoulders.
Might be going south (200sma / 89sma / 77.00)
Head n shoulders.
Might be going south (200sma / 89sma / 77.00)
- #29,848
- Sep 8, 2016 8:37pm Sep 8, 2016 8:37pm
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
EUR/NZD Waiting for a correction to buy. Please, give me your feed back guys.{image}
Wait until Asian market session halfway / close then you decide.
- #29,849
- Sep 8, 2016 8:51pm Sep 8, 2016 8:51pm
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
AUDusd
12hrs closing below 21ema. Now we wait another 2 candles (= 8hrs) end up likewise or not.
12hrs closing below 21ema. Now we wait another 2 candles (= 8hrs) end up likewise or not.
{quote} I closed for +121 pips now. I took 4 trades today, 2 winners (GBP/AUD 121 pips + AUD/JPY +64 pips) & 2 loses (USD/CHF -22 pips & USD/CAD -27) Total for the day +136 pips. Good trading week, I still have to do to reduce the number of losses.
I'm fairly new to this thread too and I should say that it is encouraging to see someone as new as I am producing such great results.
Earlier on, in August, I posted a few potential trades myself, but it was soon brought to my attention that I needed to go back and refine my approach. I have been following the thread, daily, on side during my practice.
I'm looking forward to sharing my posts from next week onwards alongside you, orangeRange and Jonnypip. Also, it would be awesome to have Naustingfx and Nic73 join us again, as they were very active on the thread when I first joined.
Finally to anyone in doubt, believe me when I say, this system/strategy works, once you've mastered the basics
Happy Weekend to all.
{quote} Hi Muhammad I'm fairly new to this thread too and I should say that it is encouraging to see someone as new as I am producing such great results. Earlier on, in August, I posted a few potential trades myself, but it was soon brought to my attention that I needed to go back and refine my approach. I have been following the thread, daily, on side during my practice. I'm looking forward to sharing my posts from next week onwards alongside you, orangeRange and Jonnypip. Also, it would be awesome to have Naustingfx and Nic73 join us again, as...
Waiting for your posts, I believe the discussion of posts is one of the major ways of learning. The experienced traders like orangeRANGE and JonnyPip can help us with their comments on our way of trading. I'm learning from their reply's on my posts.
To be honest, I just read the first 100 pages of this thread + nearly all the posts by JonnyPip. I still have to read through all posts in this thread (lot work to do). I'm planning to begin reading orangeRANGE's posts. I'm concentrating on the way they see the different market situations. But, I assure that the whole thread should be studied well.
By the way, I have wiped out a real account many times before. Although I read many books and learned well, I didn't control myself while trading. Believe it or not, every time I re-enter the Forex markets I told myself not to repeat my errors but unfortunately the adrenaline goes to high levels while trading
.My repeated mistake was very high leverage with no trading plan at all. My stop loss was the margin call. I was gambling not trading. I remember one day that I deposited 250$ and managed to transfer to 1000$ form during 8 hours, the next 2 hours I returned to 180 $, then I reached the 1000$ in the next few hours. The bad news is that I wiped the account before I go to bed
.I first saw this thread in 2011, and I remembered it. Now, I promised myself to change this all. I know the rules of the game very well but never followed this rules. This time I assist to turn the table. Demo trading until have a proper trading plan and a game plan and if I feel the good return, I will continue on the demo trading for at least 6 months to overcome my bad style in real trading.
Hoping the best for you all.
- #29,853
- Sep 9, 2016 12:11pm Sep 9, 2016 12:11pm
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
{quote} I closed for +121 pips now. I took 4 trades today, 2 winners (GBP/AUD 121 pips + AUD/JPY +64 pips) & 2 loses (USD/CHF -22 pips & USD/CAD -27) Total for the day +136 pips. Good trading week, I still have to do to reduce the number of losses.
Success is not achieved overnight. Keep up the good work.
- #29,854
- Sep 9, 2016 12:15pm Sep 9, 2016 12:15pm
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
{quote} We have this pattern yesterday but the major trend still down. Still risky to counter trade this one (based on D1, W1 and Monthly). Wait until Asian market session halfway / close then you decide. {image}
Went up after the closing Asian market. D1 bullish engulfing is "reliable" most of the time.
- #29,855
- Sep 9, 2016 12:18pm Sep 9, 2016 12:18pm
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
AUDusd 12hrs closing below 21ema. Now we wait another 2 candles (= 8hrs) end up likewise or not. {image}
Down as expected
- #29,856
- Sep 9, 2016 12:21pm Sep 9, 2016 12:21pm
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
AUDjpy Head n shoulders. Might be going south (200sma / 89sma / 77.00) {image}
Again. Down as expected (towards 200sma).
- #29,857
- Sep 9, 2016 12:32pm Sep 9, 2016 12:32pm
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
Forecasts:
EURnzd
This week the pair concluded with long wicked candle on the W1 (tail = 2700++ pips...!!!). Expecting some bullish trend next week.
EURusd
Head & shoulders spotted on D1. Might go south to 200sma (D1) or as low as level 1.1000.
HAVE A GREAT WEEKEND TO ALL...
EURnzd
This week the pair concluded with long wicked candle on the W1 (tail = 2700++ pips...!!!). Expecting some bullish trend next week.
EURusd
Head & shoulders spotted on D1. Might go south to 200sma (D1) or as low as level 1.1000.
HAVE A GREAT WEEKEND TO ALL...
- View Post
- Hidden for breach of Trader Code of Conduct
{quote} Dear Cheeseburger, Waiting for your posts, I believe the discussion of posts is one of the major ways of learning. The experienced traders like orangeRANGE and JonnyPip can help us with their comments on our way of trading. I'm learning from their reply's on my posts. To be honest, I just read the first 100 pages of this thread + nearly all the posts by JonnyPip. I still have to read through all posts in this thread (lot work to do). I'm planning to begin reading orangeRANGE's posts. I'm concentrating on the way they see the different market...
i, too, have had similar experiences due to lack of discipline in my trading approach, however, I should mentioned that I've learned my lesson and have gone through the rules stipulated here on the thread as well as the countless posts by the amazing traders we have here.
Please do demo trade until you are convinced that you have overcome what led to you downfall. Needless to mention that it takes a lot to admit to yourself that you need to take your foot off the gas and reasses you approach, which you have managed to do too.
i will ensure that I help where I can as I, too, will require guidance along the way. But most importantly, let's keep the thread running showcasing the brilliance of this strategy.
Let's make this experience enjoyable.
Cheeeburger
{quote} ... Also, it would be awesome to haveNaustingfx and Nic73 join us again, as they were very active on the thread when I first joined. Finally to anyone in doubt, believe me when I say, this system/strategy works, once you've mastered the basics Happy Weekend to all.
Yeah....I am here from time to time...one of my purpose is to try to reduce the number of my posting so that the traders who find my work here interesting can be able to read through all my posts just in few day, and that is why I do not post a lot of my trades here...besides, if you study my work well, you will see that I am always doing the same thing in my way of analysis and taking trades...Phillip has given all it takes to be successful, so I do not want to add more work for the new ones as they study...Below is a trade I have taken based upon the rules, but this time in the daily time frame...I hope to leave this trade till next week.
See chart below for AudUsd pair.
Thanks and happy weekend to all.
