Start Winning - Trade the Current Trend | Page 28 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What does it mean to trade with the trend - Define trend? 47 replies

Multis-trend trade EA for scalp on short trend 27 replies

Looking for indicator: alert when current price equal high/low of current bar 26 replies

"Trend" , how do you actually trace the current trend ? 23 replies

What indicator can best reflects a pair's current trend 11 replies

Attachments: Start Winning - Trade the Current Trend
Exit Attachments

Start Winning - Trade the Current Trend

  • #541
  • Jan 10, 2017 6:48am Jan 10, 2017 6:48am
there's another good trade that is closed now for a small profit but yet profit

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 84 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5 2.png Size: 83 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM2.png Size: 80 KB


renko played already a big part in my trading i like the concept but I havent found a realiable enough with renko charts
  • #542
  • Jan 10, 2017 6:51am Jan 10, 2017 6:51am
EG Daily currently looks like a bearish rejection pin bar but the candle hasn't closed yet and has gota long way to go. I would be looking more towards an H1 trade now rather than an M30. Maybe the US session will see it back up towards the highs. We will see.
Indentify > Plan > Accept > Execute
  • #543
  • Jan 10, 2017 6:55am Jan 10, 2017 6:55am
Quoting zwara
there's another good trade that is closed now for a small profit but yet profit GBPJPYM5.png;2133352 GBPJPYM5 2.png;2133359 GBPJPYM2.png;2133354 renko played already a big part in my trading i like the concept but I havent found a realiable enough with renko charts {image} {image} {image}
Another well done!
I love the Renko version of this system but Ihave let it fall away lately and haven't been using it. I need to retire and buy more screens!! I can't wait until the day that I can just trade from home in my little man cave
Indentify > Plan > Accept > Execute
  • #544
  • Jan 10, 2017 6:59am Jan 10, 2017 6:59am
Quoting wizlon32
{quote} Another well done! I love the Renko version of this system but Ihave let it fall away lately and haven't been using it. I need to retire and buy more screens!! I can't wait until the day that I can just trade from home in my little man cave

I feel you brother I have a day job of 12h a day, I'm a nurse and that occupies me from 8am to 8pm basically removes me the all length of active markets and I do it 5 days a week. I've been trying to get the grasp on the markets for 6 years now, but was not always fully devoted I was learning it has a hobby but this is what I really want and I will make it one day.

And a man trading cave with no more them 3 screens would just be amazing to have ahahahah DREAMS.



PS GJ has the potential for a long move today. if he retraces and continues I might jump in again 5 min chart
  • #545
  • Jan 10, 2017 7:01am Jan 10, 2017 7:01am
gold 5 min also posing a good potential short if he comes and get me on a good retrace.
  • #546
  • Jan 10, 2017 7:16am Jan 10, 2017 7:16am
Quoting zwara
gold 5 min also posing a good potential short if he comes and get me on a good retrace.
Careful though. HTF trends are up. H1 looks like potential long. But trade what you see!
Indentify > Plan > Accept > Execute
  • #547
  • Jan 10, 2017 7:24am Jan 10, 2017 7:24am
well I spotted it early and call it out here are the trades trade well.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 82 KB




If it retraces again to a point that I find appealing I'll jump in again long.
  • #548
  • Jan 10, 2017 7:37am Jan 10, 2017 7:37am
price is posing another possible long GJ 5min

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM2.png Size: 72 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 84 KB
  • #549
  • Jan 10, 2017 8:35am Jan 10, 2017 8:35am
SL hit well learn something zwara
  • #550
  • Jan 10, 2017 8:55am Jan 10, 2017 8:55am
well both currencies I trade resumed the long term trends

time to rewire the brain and follow the big boys... looking for possible entries short GJ and long Gold m1 or m5 entries.
  • #551
  • Jan 10, 2017 8:59am Jan 10, 2017 8:59am
Quoting Grantmac
Hi all, welcome back to another week of hopefully some good trading. Here are a couple of trades I have on at present. EURUSD 15M and H1 RSI were at extreme levels and bouncing off MA and round number supports. Screenshot1.png;2131444 USDJPY similar to above. Screenshot2.png;2131445 {image} {image}
Can you share these metrics and templates? Thank you
  • #552
  • Jan 10, 2017 9:32am Jan 10, 2017 9:32am
good retracement happening maybe I can trade this lets wait and see.

and in we go...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM2.png Size: 79 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 85 KB
  • #553
  • Jan 10, 2017 11:55am Jan 10, 2017 11:55am
Quoting zwara
price is posing another possible long GJ 5min GBPJPYM2.png;2133455 GBPJPYM5.png;2133465 {image} {image}
I know you are using MTF MAs but a little look at various TFs migh help you. I shorted GJ around the time you were entering long. For me the H1 TF was looking ripe for selling and it paid off. I didn't say anything at the time because who knows,you could have been right and I didn't want to confuse things.

(Just noticed the other green arrows around where I closed my short. They were long scalps in case anyone is wondering)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 59 KB
Indentify > Plan > Accept > Execute
  • #554
  • Jan 10, 2017 12:01pm Jan 10, 2017 12:01pm
I quite understand than in a bigger perspective the trend was opposite I am also trying to learn counter trending scalps.... its ok the road to the future is made of ups and downs today was a down day that's fine... no regrets. eheheh
  • #555
  • Jan 10, 2017 12:17pm Jan 10, 2017 12:17pm
Quoting wizlon32
AUDJPY H4 Long??
Just to follow up on a previous post, I took a small long position on AJ. If it drops below my initial entry again I may add more although it doesn't seem ready to go. The usual reasons apply - 34 EMA sloping up, 3 RSI heading up from OS levels. The chart below shows another couple of considerations regarding structure and Fib retracement.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 65 KB
Indentify > Plan > Accept > Execute
  • #556
  • Jan 10, 2017 12:27pm Jan 10, 2017 12:27pm
Quoting zwara
I quite understand than in a bigger perspective the trend was opposite I am also trying to learn counter trending scalps.... its ok the road to the future is made of ups and downs today was a down day that's fine... no regrets. eheheh
I know you understand that. The RSI 50 level isn't ideal for M5 counter-trend scalping. Before you know it the RSI is ready to turn again. Just my opinion.
Indentify > Plan > Accept > Execute
  • #557
  • Jan 10, 2017 12:56pm Jan 10, 2017 12:56pm
Quoting wizlon32
EurGbp M30 possible long 34EMA sloping up 3RSI below 20
Also to follow up on another earlier post here is a chart showing some entries I took on EG.
I took these positions according to M30 and H1. I was quite lucky here that I managed to close all in profit.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 57 KB
Indentify > Plan > Accept > Execute
  • #558
  • Jan 11, 2017 4:52am Jan 11, 2017 4:52am
Quoting wizlon32
{quote} Just to follow up on a previous post, I took a small long position on AJ. If it drops below my initial entry again I may add more although it doesn't seem ready to go. The usual reasons apply - 34 EMA sloping up, 3 RSI heading up from OS levels. The chart below shows another couple of considerations regarding structure and Fib retracement. Screenshot3.png;2134014 {image}
I hope some of you took advantage of this move!
Indentify > Plan > Accept > Execute
  • #559
  • Jan 11, 2017 5:14am Jan 11, 2017 5:14am
Hi Wiz, Unfortunately I didn't but i did just short EG on the hourly.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 140 KB
  • #560
  • Jan 11, 2017 6:04am Jan 11, 2017 6:04am
morning guys hows everything well off days are over I'm back to work schedule I'll try to see what we can Fish today.
1 trader viewing now