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28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions

  • #1,201
  • Feb 20, 2017 11:29am Feb 20, 2017 11:29am
GBPCAD:

4 hour chart: https://www.tradingview.com/x/g5WbOBYT/
1 hour chart: https://www.tradingview.com/x/8wGOsUGc/

Using the 15 minute and 30 minute as a late confirmation for the 4 hour and 1 hour short:
https://gyazo.com/b71d7bf109c3d5bc7887616ab62d5b46
  • #1,202
  • Feb 20, 2017 11:47am Feb 20, 2017 11:47am
AUD/USD
Weekly resistance: https://www.tradingview.com/x/1D677rjL/

One Hour Resistance: https://www.tradingview.com/x/plo17vg1/

AUD currency meter coming out from extremes and USD moving up from the green level: https://gyazo.com/62f452dfcb1fea6264b5492d3d793e2c

Weekly resistance: https://www.tradingview.com/x/1D677rjL/
  • #1,203
  • Feb 20, 2017 1:13pm Feb 20, 2017 1:13pm
I am so sorry pipit but what you are posting here is all wrong.
You are just learning the strategy for some week, please make your homework now and read the thread and apply the rules.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,204
  • Feb 20, 2017 1:29pm Feb 20, 2017 1:29pm
Quoting Bernhard
{quote} From M5 there was a signal too for GBPJPY so he was not wrong. But you are right GBPAUD was stronger. {image}
Well, that is good to know that I did the right thing. That is why I went ape and reverted back to something else. lol!! So, I am good.
  • #1,205
  • Feb 20, 2017 4:03pm Feb 20, 2017 4:03pm
One current small trade for 7 pips as lazy market I decided to stop it on near supply level and finished for today. Green pips to all.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-02-20_22-51-54.jpg Size: 573 KB
  • #1,206
  • Feb 20, 2017 5:01pm Feb 20, 2017 5:01pm
Quoting teapeak
One current small trade for 7 pips as lazy market I decided to stop it on near supply level and finished for today. Green pips to all. {image}
And just near market close, well done.
Good timing because big spread and (real) gaps can happen. Especially with NZD.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,207
  • Feb 20, 2017 5:39pm Feb 20, 2017 5:39pm
I am in GBPCAD and AUDCAD at the pullback on the 1 hour and 4 hour chart. I got in early according to my own strategy, then I used your strategy here to confirm my entry -----> The currency meter looks just like in the book: https://gyazo.com/5f5c5e0ad8c08737c976c3746a0216d2

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 211 KB
  • #1,208
  • Feb 20, 2017 8:20pm Feb 20, 2017 8:20pm
Is anyone curious in starting a chat group to talk strategy and set ups?
  • #1,209
  • Feb 20, 2017 8:51pm Feb 20, 2017 8:51pm
I am in USDJPY as a chartist.

Using the currency meter, I am assured that it has a high probability of working out: Attachment g

I thought I already posted this. I gues I got busy managing my trades.
  • #1,210
  • Feb 20, 2017 8:57pm Feb 20, 2017 8:57pm
Quoting ryan2746
Is anyone curious in starting a chat group to talk strategy and set ups?
YES Ryan!

Yes, I am interested. There are plenty of free chatrooms for this strategy. You can use the forum and the chatroom. It is just that everyone has to agree to it.

It is very static here, and I am use to conversing with iPads and interactive trading with chatrooms or voice chat (hearing many trader's voices and opinions, like round table.

It seems that I do better on the higher time frames, making 50 to 200 pips, like today. I just cannot trade those tiny 5 minute charts. Its too fast. I only can trade the 15 minute chart to get an entry INTO the 1 hour or 4 hour trend.
  • #1,211
  • Feb 20, 2017 9:09pm Feb 20, 2017 9:09pm
Quoting pipit100
{quote} YES Ryan! Yes, I am interested. There are plenty of free chatrooms for this strategy. You can use the forum and the chatroom. It is just that everyone has to agree to it. It is very static here, and I am use to conversing with iPads and interactive trading with chatrooms or voice chat (hearing many trader's voices and opinions, like round table. It seems that I do better on the higher time frames, making 50 to 200 pips, like today. I just cannot trade those tiny 5 minute charts. Its too fast. I only can trade the 15 minute chart to get an...
Ok, do you have a chatroom in mind?
  • #1,212
  • Feb 20, 2017 11:05pm Feb 20, 2017 11:05pm
Quoting ryan2746
{quote} Ok, do you have a chatroom in mind?
Yes.. goodnight. I had to manage a large position. Sleepy. See you later.
  • #1,213
  • Feb 21, 2017 5:37am Feb 21, 2017 5:37am
Quoting ryan2746
{quote} Ok, do you have a chatroom in mind?
I will post it when a chat or trade room is available. Be parient for the moment we stay here on this forum.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,214
  • Edited 6:08am Feb 21, 2017 5:57am | Edited 6:08am
About support/resistance and supply/demand you need to know first one thing: Currency Strength is stronger.
If both base and quote CS push against support/resistance or supply/demand it will break!

Still you can use them as levels for TP and SL or levels for tailing. This is the way we trade. Important price levels exist and it is better than to use fix pips as measure.

If you come from the other way around or you are a supply/demand trader than wait for price enters the zone and observe the currency strength signal in a lower TF. If the price enters a supply/demand of a higher TF and CS of the lower TF is at higher MFib levels and flips with iGAP and speed this is a confirmation the zone will hold and you can trade a pullback.

(Expect with obvious levels that Market Makers are active and like to hunt the SL’s. So an overshoot of support/resistance for a view pips might happen.)
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,215
  • Feb 21, 2017 6:19am Feb 21, 2017 6:19am
Example EURCAD H1
open trade
Demand breaks for reasons of strong CS pressure.
Attached Image (click to enlarge)
Click to Enlarge Name: DEMAND_break.png Size: 81 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,216
  • Feb 21, 2017 6:52am Feb 21, 2017 6:52am
Hi Bernard, would be possible to do some live webinar to show how you trade? Thank you
  • #1,217
  • Edited 10:35am Feb 21, 2017 10:17am | Edited 10:35am
Quoting Husky77
you guys just need some lil practice thats all,and an eye on the big picture of market before decide(big picture i mean more than M5).with time doing this everyday your eye will see more clear day by day. {image}
Absolutelly correct. Thanks for posting your trades.

@ luckybay: Please study the 2 threads you will find everything you need to know.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,218
  • Feb 22, 2017 7:40am Feb 22, 2017 7:40am
Quoting Bernhard
Example EURCAD H1 open trade Demand breaks for reasons of strong CS pressure. {image}
EURCAD trades closed with total of 67 pip.

2 positions have been trailed and closed on a pullback. The 3rd position has not been trailed and hit TP. Sometimes it is better not to trail and let the price room to breave. Or like here split the position. A 50 to 61% pullback of the last high/low can always be expected. Often we see like in this example the space between EUR and CAD was always given.
Attached Image (click to enlarge)
Click to Enlarge Name: DEMAND_break2.png Size: 73 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,219
  • Feb 22, 2017 9:43am Feb 22, 2017 9:43am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.PNG Size: 107 KB
  • #1,220
  • Feb 22, 2017 10:27am Feb 22, 2017 10:27am
Quoting Piparins
{image}
whats that slopes in second screen?
Take what you can, give nothing back
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