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28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions

  • #1,321
  • Mar 11, 2017 11:46am Mar 11, 2017 11:46am
Nested zones and range:
Attached Image (click to enlarge)
Click to Enlarge Name: nested.png Size: 46 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,322
  • Mar 12, 2017 4:05am Mar 12, 2017 4:05am
Quoting Bernhard
Nested zones and range: {image}
How to combine supply and demand zones and currency strength speed:

To above chart, I added Currency_Strength28_SPEED (input hide the other 6 CS lines=true, line width base, and quote CS=2).
We trade only short from supply or long from demand (until it is clearly broken).
SPEED: We check when one line hit (or is near) trigger line and the other line is opposite.
There are 3 short entries from supply, all are winners.
There is one long signal, it will not be taken because the entry is within supply.
Attached Image (click to enlarge)
Click to Enlarge Name: zones and speed.png Size: 90 KB

This example is only for illustration. Normally I like to see more room between supply and demand zones!
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,323
  • Mar 15, 2017 6:00am Mar 15, 2017 6:00am
Possible M1 scalping around red news:
Note around news CS M1 can reach very high MFib levels!
The rule for entering within MFib100/-100 is not applied for M1 with news.
Attached Image (click to enlarge)
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Either a possible TP of 50 Pip would be hit or you exit the trade on the speed flip, which could be read as a reversal signal itself and be a possible signal for a short.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,324
  • Mar 18, 2017 12:25pm Mar 18, 2017 12:25pm
scalping setups M1 chart
CS28 is set to higher TF M5
trade must be in direction of CS M5 and within MFib100/-100, not outside the range if it is oGAP.
Speed is used M1, amplitude must overshoot trigger line, base and quote speed with opposite value.
Attached Image (click to enlarge)
Click to Enlarge Name: CS_m5 speed_m1.png Size: 61 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,325
  • Mar 22, 2017 2:21am Mar 22, 2017 2:21am
It's been quiet for quite some time in this thread. I wonder where everybody went. I'm sure their doing good trading with Bernhards Currency_Strength28.

This is my first post after getting the indicator last week. My eyes have been opened to how really great the indicator works. I even traded it on my live account.
But I've decided to go back to demo trading. I wasn't able to post those trades I took because I wanted to focus on trading and figured that posting it here while trading will distract me. But I've decided to post anyway but keep it minimal so I can focus on trading.

I see a possible trade on AUD/JPY iGap. CS lines hit Mfib 161 and made a hook. Angle is good. I'd like to know what you think about it sir Bernhard.

This is how it looks like on H1.
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This is how it looks like on H4.
Attached Image (click to enlarge)
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Patience and Discipline, these are the Holy Grail.
  • #1,326
  • Mar 22, 2017 8:56am Mar 22, 2017 8:56am
Now that this strategy has been used by a lot of people for quite some time, it would be a fine thing to hear, if the different people on this thread that have collected experiences over time that they are willing to share with us all. As I see it we have a lot of single nice examples of winning trades, but little examples of the limitations.

I an here thinking of win/loss ratio, both in percent of taken trades and money wise.

Has anybody calculated expectancy etc. so that a proper money management can be calculated.
The good old 1 or 2% rule may not be optimal for at so logical an well defined strategy.
I could imagine, that a higher percentage might be justified, but to answer that question a comprehensive statistic and thorough math is necessary.

i have myself unfortunately been away from trading for a while because the internet in hospital was dismo, but I have been thinking a lot about the application. I was however held up by the lack of numbers.
  • #1,327
  • Mar 22, 2017 10:48am Mar 22, 2017 10:48am
Quoting marcnathan88
It's been quiet for quite some time in this thread. I wonder where everybody went. I'm sure their doing good trading with Bernhards Currency_Strength28. This is my first post after getting the indicator last week. My eyes have been opened to how really great the indicator works. I even traded it on my live account. But I've decided to go back to demo trading. I wasn't able to post those trades I took because I wanted to focus on trading and figured that posting it here while trading will distract me. But I've decided to post anyway but keep it minimal...
You are welcome, friend.
The higher TF should be used as the trend and not to go against it. You show a dGAP H4 and still room to go.
Check post 5 to understand the iGAP, it say:
"To be strong up-slope from negative zones must be steeper than up-slope within positive zones. Because if the currency is still in negative zone it have still weak sentiment until it cross the zero market line.
Be aware a iGAP is still only a pullback until it cross the zero-line."
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,328
  • Mar 22, 2017 12:13pm Mar 22, 2017 12:13pm
Quoting Bernhard
{quote} You are welcome, friend. The higher TF should be used as the trend and not to go against it. You show a dGAP H4 and still room to go. Check post 5 to understand the iGAP, it say: "To be strong up-slope from negative zones must be steeper than up-slope within positive zones. Because if the currency is still in negative zone it have still weak sentiment until it cross the zero market line. Be aware a iGAP is still only a pullback until it cross the zero-line."
Thank you for the clarification sir. Whenever I can I will post trades to get a feedback from you and learn a lot more. Because of the Currency_Strength28 I'm always excited and looking forward to every trading day. But I also make sure I do not loose discipline and patience.

Thanks again sir.
Patience and Discipline, these are the Holy Grail.
  • #1,329
  • Mar 22, 2017 12:23pm Mar 22, 2017 12:23pm
Quoting marcnathan88
{quote} Thank you for the clarification sir. Whenever I can I will post trades to get a feedback from you and learn a lot more. Because of the Currency_Strength28 I'm always excited and looking forward to every trading day. But I also make sure I do not loose discipline and patience. Thanks again sir.
For intraday, it is better to use m15. It will get you earlier entry and exit. To use H4 as the trend is fine.
The inside Direction of CS without a strong slope especially over the night time (with NY close) is to read as consolidation. Apply daily time cycles.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,330
  • Mar 22, 2017 5:21pm Mar 22, 2017 5:21pm
Hello members, I was talking with Bernhard earlier on skype about my charts and i discovered when i undock my charts from the mt4 platform the currencies go flat. when i redock them they work correctly. I was wondering if any other member is able to undock from the MT4 platform and utilize the history of all currencies such as when in the mt4 platform? I just wanted to spread my different charts out on seperate monitors, thanks for any insite.
  • #1,331
  • Mar 24, 2017 10:43am Mar 24, 2017 10:43am
Scalping in USDMXN 1200 pip
Sentiment is MXN strong and USD weak = only shorts
Attached Image (click to enlarge)
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,332
  • Mar 24, 2017 11:01am Mar 24, 2017 11:01am
ZENTRADER
I had the same trouble the way around it is to use use 4 installs of mt4 plate form on for each screen all with the same account log in details works great hope that helps.
  • #1,333
  • Mar 28, 2017 2:11am Mar 28, 2017 2:11am
I have witnessed and experienced the power of Currency_Strength28. These are the trades I took last Friday and yesterday. All TP's were hit.

Attached Image (click to enlarge)
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These are the charts. I'm using sir Bernhard's MT4 utility my trades in pips. I turned off the total profits/pips as I only wanted to show the trades I took with Currency_Strength28. Glad I decided to go back to demo trading. The most important thing I learned is you really cant exit a trade just because CS lines made a hook on higher Mfib levels. Always look at higher TF to confirm direction of both PA and the CS lines.

Here are the charts.
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Edit: I only had two losing trades. Currency_Strength28 is truly an "Edge". Mark Douglas says that an "Edge" gives you more winning trades than loosing trades.
Patience and Discipline, these are the Holy Grail.
  • #1,334
  • Mar 29, 2017 4:56am Mar 29, 2017 4:56am
Quoting marcnathan88
I have witnessed and experienced the power of Currency_Strength28. These are the trades I took last Friday and yesterday. All TP's were hit. {image} These are the charts. I'm using sir Bernhard's MT4 utility my trades in pips. I turned off the total profits/pips as I only wanted to show the trades I took with Currency_Strength28. Glad I decided to go back to demo trading. The most important thing I learned is you really cant exit a trade just because CS lines made a hook on higher Mfib levels. Always look at higher TF to confirm direction of both...
Good trades
I see 10 winners 2 loss, this is 83% winning rate. Keep going
Thank you, Marc, for posting.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,335
  • Mar 29, 2017 5:00am Mar 29, 2017 5:00am
USDCHF M15
The speed signal is taken from nested demand zone.
Attached Image (click to enlarge)
Click to Enlarge Name: speed and nested demand.png Size: 62 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,336
  • Mar 29, 2017 5:14am Mar 29, 2017 5:14am
really impressive!
Everyday better.
  • #1,337
  • Apr 3, 2017 3:08am Apr 3, 2017 3:08am
new here.

sorry but i cant find that indicator you are using with fib. would like to check it out as well.

any EA for this? or it is manual?

thanks for the help!
  • #1,338
  • Apr 3, 2017 5:26am Apr 3, 2017 5:26am
Quoting iandm80
new here. sorry but i cant find that indicator you are using with fib. would like to check it out as well. any EA for this? or it is manual? thanks for the help!
You are welcome.
Just send me an email to get the full info.
[email protected]
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,339
  • Apr 3, 2017 5:34pm Apr 3, 2017 5:34pm
Quoting Bernhard
{quote} You are welcome. Just send me an email to get the full info. [email protected] ("[email protected]")
Hi Bernhard,

Have to think about release of EA which you already have

Thanks
  • #1,340
  • Apr 4, 2017 9:16am Apr 4, 2017 9:16am
GREAT software Bernhard!
Can't trade much at all with work and family commitments for my time but already have 4 trades taken and closed with all of them winning. Up 60 pips since loading software which is about 1.5 days time and very little trading time. Have to trade Asian session due to work.
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