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28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions

  • #1,021
  • Jan 10, 2017 10:04am Jan 10, 2017 10:04am
USDJPY M5
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy5.png Size: 80 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,022
  • Jan 10, 2017 5:06pm Jan 10, 2017 5:06pm
Great GBPUSD BUY trade . . . .
Attached Image (click to enlarge)
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  • #1,023
  • Jan 10, 2017 8:44pm Jan 10, 2017 8:44pm
You meant Buying Gbp/Nzd maybe? ;-)
The arriving better than the arrival, the journey has just started
  • #1,024
  • Edited 4:45am Jan 11, 2017 3:53am | Edited 4:45am
FWIW =
Searching for a new narrative
by Simon Smith, Chief Economist
Popcorn at the read today as President elect Trump has a scheduled news conference later in the day (around 16:00 GMT). Markets have become used to listening to him in 140 characters or less over the recent weeks, so a more elongated narrative should be welcome. Its pretty clear that the dollar strength has stalled, with the uptrend seen since the US election results waning on a technical basis. The week so far has seen some reversal of the recent weakness, but this has been within very narrow ranges. This held true for cable yesterday, which posted a low at 1.2108 before recovering through the day. Note that BoE governor Carney speaks this afternoon in front of the parliamentary Treasury select committee, so sterling will be keeping a close eye on that. As discussed yesterday, sterling remains the only major currency weaker against the dollar in the short year to date.
Elsewhere whilst the Dow continues to struggle with the 20k area, the FTSE has continued its push north, not having seen a down day since before Christmas. Gold has also been doing a decent job of brushing off the weakness seen in the closing weeks of last year, having now recovered 4% from the lows. The move has outpaced the reversal of the dollar turn-around, underlining the fact thats its more than just about the currency for gold. Before Trump oclock, we have UK trade and production data at 09:30 GMT. Otherwise, were likely to see a fairly tentative market through the day, both in FX and equities.
da n0o0b + $hit_Disturber
  • #1,025
  • Jan 11, 2017 4:50am Jan 11, 2017 4:50am
Quoting pipsy7
2xlong xu , TP1 just 17 pippies - TP2 will post L8R - SL man. , Not showin d dealers aka brokers +1long {image} {image} {image}
==============================
still holdin 3L xu = still in Profit$$$
da n0o0b + $hit_Disturber
  • #1,026
  • Jan 11, 2017 7:34am Jan 11, 2017 7:34am
Hi to all
perfect indicator and method , works even on high spread pairs , Thanks Bernhard

positioning in m15 and following in H1

Attached Image (click to enlarge)
Click to Enlarge Name: m15.png Size: 57 KB


Attached Image (click to enlarge)
Click to Enlarge Name: H1.png Size: 56 KB


Good luck
  • #1,027
  • Jan 11, 2017 8:04am Jan 11, 2017 8:04am
What would you say will follow when seeing this setup?
It is 15m TF.
Attached Image

I would go for USDJPY short..

However, the opposite occured (which I understand can happen too), any way to avoid false setups like this one?
Attached Image
  • #1,028
  • Jan 11, 2017 9:43am Jan 11, 2017 9:43am
Quoting endy
What would you say will follow when seeing this setup? It is 15m TF. Screenshot1.png;2135312 I would go for USDJPY short.. However, the opposite occured (which I understand can happen too), any way to avoid false setups like this one? Screenshot2.png;2135315 {image} {image}
Make it like artaville showed us the post before. You need to add higher TF to know the trend.
Add again the same indicator again to chart with the setting use higher TF.
USD was in uptrend and JPY was in down trend. 100 pips to make!
(Next time please post a full chart like I do so we can know the time and some history.)
Attached Image (click to enlarge)
Click to Enlarge Name: MTF_usdjpy.png Size: 67 KB

Attached Image
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,029
  • Edited 2:27pm Jan 11, 2017 1:12pm | Edited 2:27pm
Remember if you use multi time frame than we need also CHART HISTORY on H1 !
Use your update quote profiles. Check here post 20
We want to have a correct chart feed in all the time frames you want to use.
Good is to have an other 7 mini charts of USD-pairs in H1 but for higher TFs it is not as important as for the smaller ones.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,030
  • Jan 12, 2017 8:16am Jan 12, 2017 8:16am
Quoting Bernhard
{image} HAPPY NEW YEAR 2017 SPECIAL OFFERS! The special offer is still on FOR A FEW MORE DAYS. 25% OFF for all indicators ! Get your copy now before the offer is finish! A FREE NEW YEARS GIFT 2017 IS READY FOR YOU ALL! CHECK YOUR EMAILS ! Best products ever! Send me email for more compo deals. [email protected] ("[email protected]") We have wonderful possibilities for 2017. Bernhard
The special offer is still on.

It will be end TODAY. Last chance to get your copy cheap!

Send me your email. [email protected]
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,031
  • Jan 12, 2017 9:35am Jan 12, 2017 9:35am
Quoting Bernhard
{quote} The special offer is still on. It will be end TODAY. Last chance to get your copy cheap! Send me your email. [email protected]
how much in £ total with this new discount i will get a paycheck deposit tonight at 24:00
  • #1,032
  • Jan 12, 2017 11:08am Jan 12, 2017 11:08am
Quoting vasalahaimer
{quote} how much in total with this new discount i will get a paycheck deposit tonight at 24:00
You should email him and ask that question. He responds pretty quick.
  • #1,033
  • Jan 12, 2017 3:31pm Jan 12, 2017 3:31pm
Hi to all

Attached Image (click to enlarge)
Click to Enlarge Name: m5.png Size: 49 KB


Attached Image (click to enlarge)
Click to Enlarge Name: m15.png Size: 44 KB


PS : SL trailed

The CAD and JPY were in up/down MFib levels in m5 timeframe earlier ( nearly in m15 also ) so that can be (maybe ) an extermum point with potential
for Reversal or Counter Trend .
But the trend direction in m5 and m15 was not the same, then i was waiting for OGap in m5 that was accompanied with IGap in m15 timeframe .

Is my procedure is correct Bernhard ?
Please advise if there anything wrong or any recommendation.
I`m very grateful

GOOD LUCK
  • #1,034
  • Jan 12, 2017 7:01pm Jan 12, 2017 7:01pm
CADJPY 20+ Pips
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  • #1,035
  • Jan 13, 2017 4:11am Jan 13, 2017 4:11am
Quoting artaville
Hi Bernhard and Happy new year and thanks for this very great topic I have a problem and hope you leading me The question is : when i find an appropriate position for buy or sell ( not differ ) in H1 time frame , most of the times in the m5 or m15 it is in the overbought or oversold , much better i say the indicator is in the up or down of 161 & 261 fibo levels . what can i do in this time ? 1- trade only by attention on H1 and upper time frame and no matter the lower time and select SL base 2- waiting for pullback in lower time frame and then getting...
Hello Artaville. I have the same problem. Did you find a solution?
  • #1,036
  • Jan 13, 2017 5:08am Jan 13, 2017 5:08am
Quoting Chatagny
{quote} Hello Artaville. I have the same problem. Did you find a solution?
If you read the thread i just gave the answer in the next post.

Quoting Bernhard
artaville I am sure you have missunderstand something. The lower TF is used for the dGAP and strategy rules. The higher TF is been read as direction of CS to stay in the trend. This might be what you are saying "the acceptable mode". If you put too strong filters on both TFs you will find less trades. It also depends of distance of TF or the multiplicator factor of the two TFs. Is higher TF 4 times bigger or 12 time or 2x ? This will effect how to find continuations with the lower TF. Send me an email so I can link...
In the following posts of artaville he learned and was very successfull:

Quoting artaville
Hi to all perfect indicator and method , works even on high spread pairs , Thanks Bernhard positioning in m15 and following in H1 m15.png;2135246 H1.png;2135247 Good luck {image} {image}
Its all about how you trade. Practice until you have enough experience and feel good.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,037
  • Edited 5:38am Jan 13, 2017 5:19am | Edited 5:38am
Hello friends,
today from Frankfurt session I was eyeballing EURUSD, USDJPY and GBPUSD setup (please excuse different colours of currencies on my charts)..
Due to other issues, I manage to get into GBPUSD long (did not trust EURUSD and USDJPY was already too far for me).
See info in screenshot.
I closed half of the position for 20p (as I believe, this is a countertrend trade), the rest is trailing SL.
EDIT: the rest closed for 41p.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 104 KB
  • #1,038
  • Edited 7:36am Jan 13, 2017 5:32am | Edited 7:36am
And this is what I am currently looking at USDCAD (short).

EDIT1: it seems USD will on H1 go "upstairs" too, let's see, if CAD upstairs can out-pace USD.

EDIT2: got stopped out during new for -15p..

Attached Image (click to enlarge)
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  • #1,039
  • Jan 13, 2017 8:20am Jan 13, 2017 8:20am
Nice catch!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM52.png Size: 152 KB
  • #1,040
  • Jan 13, 2017 3:24pm Jan 13, 2017 3:24pm
Quoting Piparins
Nice catch! {image}
I am happy to see everybody makes progress

Nice mover today on USDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYm15.png Size: 88 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
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