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  • #861
  • May 26, 2017 6:27pm May 26, 2017 6:27pm
Quoting 9jatrader
AUDNZD has made a continuation short trade setup. This setup was based on the the twin strategy I have here. The weekly is closing below the middle band while the daily closing( few hours left ) below the lower band. Am already short after running away yesterday from my short position. I have to join again. The strategy was also met. Stochastic is still right on the oversold region while the resistance that was threatening me was breaking
I've been eyeing this one as well
What you do is a reflection of you....what I do is a reflection of me.
  • #862
  • May 27, 2017 10:09am May 27, 2017 10:09am
Quoting Ezzy
{quote} I've been eyeing this one as well
Good luck. We hope it moves accordingly.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #863
  • May 27, 2017 10:34am May 27, 2017 10:34am
9jatrader,

i wondering why you don`t upgrade the BB indicator to the new development of mladen, the "BB_stops" (new format) indicator ?

Sixer
Attached Image (click to enlarge)
Click to Enlarge Name: bbstopnew1.2tema.png Size: 35 KB
Attached File(s)
File Type: mq4 BB stops (new format) 1.2.mq4   20 KB | 574 downloads
  • #864
  • May 27, 2017 10:40am May 27, 2017 10:40am
Quoting Sixer
9jatrader, i wondering why you don`t upgrade the BB indicator to the new development of mladen, the "BB_stops" (new format) indicator ? Sixer {file} {image}
I believe MT4 has what it takes to make positive trading. I do not do anything I know nothing about.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #865
  • Edited 3:11pm May 27, 2017 10:44am | Edited 3:11pm
Quoting 9jatrader
EU is more analyzed in the other thread- stochastic. EU is crashing down
EURUSD continued retesting through the week. The more frequent S/R are retested the more stronger they are. Are the EU bears ready to crash this pair??????
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #866
  • May 29, 2017 2:20pm May 29, 2017 2:20pm
EU is sleeping
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #867
  • May 29, 2017 3:45pm May 29, 2017 3:45pm
Hi 9jatrader,

What do you think to short AUDCAD?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCADproWeekly.png Size: 47 KB
Click to Enlarge Name: AUDCADproDaily.png Size: 45 KB
  • #868
  • May 29, 2017 7:04pm May 29, 2017 7:04pm
Quoting eugene168
Hi 9jatrader, What do you think to short AUDCAD? {image} {image}
I have been in the short position since 22nd March when the strong bearish engulfing formed, It retraced back after over 270 pips and formed a stronger bearish engulfing pathern. I entered based on the weekly stochastic. Not scared
Attached Image (click to enlarge)
Click to Enlarge Name: audcad g.png Size: 46 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #869
  • May 29, 2017 7:08pm May 29, 2017 7:08pm
Another important point was that the two setups were formed right below resistance 1.03284 which previously took it to about 700 pips down
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #870
  • May 29, 2017 7:15pm May 29, 2017 7:15pm
Hi Eugene, I feel you got in late/early. That's you got in late based on the first and second trade setup. You got in too early when the continuation and third trade setup has not formed yet. There was no support breakout from what I can see from your chart. There could be a strong retracement again from the support again and may trigger SL
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #871
  • May 29, 2017 7:19pm May 29, 2017 7:19pm
Check the other thread and see how to follow trending market with stochastic
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #872
  • May 29, 2017 7:28pm May 29, 2017 7:28pm
It's so funny that sometimes the pair I skip performs more that the one I took. GBPUSD and NZDUSD formed same long trade setup on the same day - failure to break support while stochastic was on oversold and the main and signal converged and left oversold region. GBPUSD made over 600 pips before going down now, NZDUSD just struggling now to climb
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #873
  • May 29, 2017 7:32pm May 29, 2017 7:32pm
But as far as journal is concerned I recorded GBPUSD long as if I took the position- it's all about setup, not profit/loss. I took only NZDUSD on the platform.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #874
  • May 29, 2017 7:36pm May 29, 2017 7:36pm
Good night
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #875
  • Edited 3:52am May 30, 2017 3:31am | Edited 3:52am
Some traders are so funny when they start their thread. They would say "I have a system that I have been using and it's been working on so and so TF". They find it difficult to post the system, especially at the beginning and keep people hanging, expecting members to subscribe first. They continue to post and post without sharing the system and how it works. I have seen a lot and get me tired of waiting. I decided not to post this kind of comment in the traders' thread, rather in my own thread. Must people subscribe first before sharing?
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #876
  • May 30, 2017 3:41am May 30, 2017 3:41am
Current movement on EG shows the reason I always use the weekly candle that combined to make the trade setup. SL not triggered before coming down again. Retracement is a great problem with any system
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #877
  • May 30, 2017 3:45am May 30, 2017 3:45am
Also it ( EG )failed to break either 0.87161 and 0.87692 resistance while stochastic was on overbought region. that added to my confidence. How far will the bearish movement continue? Market will decide.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #878
  • May 30, 2017 7:59am May 30, 2017 7:59am
I think GBPCHF is now on a sell mode as of Monday.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPCHF_D.png Size: 170 KB
  • #879
  • May 30, 2017 9:46am May 30, 2017 9:46am
[quote=hhchenfx;9923535]I think GBPCHF is now on a sell mode as of Monday. {image} {image}[/quote

It's great to have reason for entry position. Know that EURGBP and GBPCHF are negatively correlated because of the positive correlation of EURO and CHF. EURGBP can give the direction of GBPCHF.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
  • #880
  • May 30, 2017 10:06am May 30, 2017 10:06am
As for me I don't see GBPCHF fresh setup. It's good to enter with strategy. Even if it triggers SL we know that we obey our strategy. Just a piece of advice
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -63.7%
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