Simple and profitable trading style

Am faced with retracement on EURUSD right now. While AUDNZD testing a strong resistance, NZDJPY not moving for now.

The setup that took bullish trade to the resistance was based on the strategy i have been sharing - weekly closed/closing above the middle band and the daily closed above the upper band. Here is the current chart.

Pressing a trade/taking more positions when another setup is made on the same pair can devastating. Price may just reverse/retrace as soon as the position is entered

That's what am facing on my NZDJPY long. I have five positions at different times. I have said I finally set my target to exit with my profit.

Funny enough, the pair, NZDJPY candles continue to line up around the support and Fibonacci level 23.6%

Double tops offered me great opportunity to exit, I ignored. Lesson,lesson, great lesson

I keep learning in this unforgiving environment- Forex

I bet you AUDNZD long will have to prove the strategy again. Monitoring a strong strong support/resistance is very important also in exiting trade base on this strategy. Maybe I will share where it would have been a place to exit on AUDCAD and then wait for continuation setup again, though the weekly candle SL had not been reached.

The AUDCAD chart I promised to share. There was a very reaction on 0.961 support. At that level a hammer was formed.

Every day gives room for improvement. But the interesting thing is that the setup makes at least 300 pips. The most rewarding by this strategy is the NZDJPY, over 900 pips. Not surprising anyway, because "all JPY" pairs were ranging before the strategy breakout.

Am still working on my good exit point so that "winners "don't turn to be "losers". A trend is our friend when we are able to exit always with profits, otherwise we give back to market what we have already earned with our dedication and sacrifice.

As expected AUDNZD continues to retest the 7-month resistance. No doubt that the setup that took the pair there now is strong- using the weekly middle band and the daily upper band, the strategy here

Please ignore my SL size, as I have always said in the past. I use the weekly candle for SL. The weekly SL triggered will prove that my position was wrong. The daily can easily trigger even when the position is right.

AUDCHFweekly already closing/trading above resistance while stochastic is on overbought region.

I mean the red mark and the blue vertical line

EURAUD, its correlated pairs still retesting strong support

Good day bro, I have gone through your post. Very interesting. How do I link up with you on Facebook? Regards

Maybe you PM me, so that we can exchange names. I hope you understand what I mean.

Opportunity to exit well is almost elusive for me now on my NZDJPY long. The last week retracement is trapped again above the consolidation support. Whatever the outcome I have learned a great lesson- taking more position after strong movement.

Greed and fear will always rule Forex market. My problem now is greed to make more profits

There are some pairs that worth monitoring with Stochastic trading. I mean AUDCAD weekly and AUDUSD weekly. Stochastic is already on overbought region. I have the charts- weekly charts