Trading with range bars ichimoku cloud & awesome oscillator

Last trade closed

All great trades RP. Must say, you do make it look easy. All similiar type fx trades and at the same time. Do appreciate the trade posts and the thread. Have come to understand what to look for and the discipline required in using the system. Have been paper trading the last few weeks just to confirm whats needed.
Again thanks.

RP,

Just a quick question for what has not been asked yet: for your FX trades, what is the leverage that you use? 1:1, 2:1, 3:1, 4:1, or higher?

When I started your system, I used very low leverage (0.2 : 1) till I got used to it and consistently profitable. Then I scaled up every few days ... now at 1:1 (still very low leverage). My plan is to keep increasing (as long as I'm profitable) maybe up to 4:1 or 5:1 leverage per trade.

Regards,
EZ

Alcol, Thank you and best wished for when you go live.

Hi EZ,

Max available is 50: 1, which is what I use.

Wow! I'll have to slowly build up to that (between all open positions). I guess as you trade your system longer, you have more confidence with more wins, so increase position size.

EZ

Rocky, in the loosing trade, what was your motive for exiting? Cloud, break of the "rail bricks" between 6.20-6.30, TL hit?
As golden mentioned some posts ago, the loosing trades are some times better for educational purposes.

GBPJPY consolidating on 4 hr charts. Usually after a long consolidation like that, you get many people shorting thinking its a top. Also, breakout traders put buy orders above recent highs.

The range bars had a nice setup, so I bought. Price spiked up and ran SL, then GJ ran into some pivot confluence resistance ahead which stopped the run.

Out + 51 pips.



Also bought AJ, but still in position and holding over RBA Gov Lowe speech in about 25 min. Chances are will be stopped out ... but willing to hold for potential spike.



EZ

Saw that long in GJ, but I admit that skip that because of the time that happened (prefer to trade after London open) and missed that movement

Posting a loosing trade took it aggressively before exiting the cloud at 21, lost 9pips.

Posting the short in gaud, saw the short at 56, but my plan from the morning was a short at 50 lvl with target 05. Closed the trade earlier at 35 pips.
Had also short in gnzd at the earlier lvl (21), closed that trade at 10 to b/e the earlier loss (didnt like that trade thus wont post the chart )
PS Looking for a short in GJ at 140.90, BUT not so sure if this trade should be triggered.

Spread is horrible, over 5 pips.

Just to show chart setup that seems to me is good for long entry..
Let's see how it goes.


EDIT: Priceaction was rather chaotic, so I chose to close this at BE.

No trading for me today, out with friends last night till2, didn't get up till 8.

As for losing trade yesterday got out because price was moving back into cloud, AO was flipping, And was trading a dvrg against the trend so will my quick exits.

Good morning, in my real account the spread is lightly better (generally 1 pip lower), BUT is gbp pair (gaud, gnzd ave bad spread). Their movement is good and worth that spread.

1 trade today on soybeans all fx action happened with CAD on news too fast to enter any trades. I'm done for day.

FX very flat today, so all futures trades posting 3 trades now 2 still running(DX & GC)

Last 2 trades done for the day, looks like a good day for the beach.

I am going to post 2 demo trades took today (both losses). This is why I always wait London open before taking any trade.
PS The trendline in gaud was drawn after the trade.
I post those trades not to criticize the system, on the contrary took the long later (real trade). I prefer to post losing trades, since those trades provide the clues that I need more work.

I'm sure it has been asked before, but what charting platform is this?