Weekly report.
I’ve had a good week; stuck mainly to the 6 majors - AUD/USD EUR/USD GBP/USD NZD/USD USD/CAD USD/JPY
I took 15 trades - 12 were positive 3 negative - with a weekly profit of 7.61%
(Being adversive to risk - at long last - I sometimes take quite small profits and when the price continues in the direction
of the trend, enter the trade again —hence the comparatively large number of trades)
Using it the new way i described with the trendline and everything, i took 4 trades, all winners, about 7% growth
Jay, can I just find out from you whether you are trading live or demo at the moment?
Trading live
As I’m still trading demo at the moment, I wonder if results will change once I switch to live because maybe our trades will affect how market moves? Or is it too insignificant to count? Maybe I’m just paranoid… again I have to agree that psychology plays a big part in our trading performance
Unless your trading like 100 lots at a time ( 1000$ per a pip) it won’t move the market any differently :)… So don’t worry about that. Just gotta be prepared for live because you will be more hesitant to pull the trigger to enter a trade wnd you’ll want to get out early etc… So that’s the part you need to overcome. But you won’t be doing it alone, I’ll be here for ya and I’m sure there are others that will too! Which will make it much better
Thanks for the encouragement Jay! Looking forward to future endeavors together!
Anyway the week has just started. I’m looking at Aussie pairs currently. AUDJPY and AUDCAD look like they are about to cross.
You’re very welcome! I am looking forward to the future as well!
I got in on the GBPAUD a little bit ago on a 1 and 4 cross, at 50% fib and major support level.
AUD is overall looking attractive good looking Fotovinic!
Hi all
I’m in long on
EURNZD
GBPNZD
Have exceeded my monthly targets already and been on a golf tour so hence the silence
Good pips to all
Hello all,
I work and i can see charts only by mobile, will have problems if I add MWMA without the phantom indicator? If no, as you advise me to do?
Sorry for the newbie question.
Thanks to all that have worked and shared this system.
[QUOTE=“Braindamage;725409”]Hello all, I work and i can see charts only by mobile, will have problems if I add MWMA without the phantom indicator? If no, as you advise me to do? Sorry for the newbie question. Thanks to all that have worked and shared this system.[/QUOTE]
Hi braindamage, welcome…
You can add it manually as well to mobile.
Set up a MACD on your mobile, make it blank ( make the colors blend in to the background ) then add the 1 and 4 liner weighted moving average. If that doesn’t work or if you have trouble let me know. The macd settings are 4 9 5
Good to hear about hitting the target! Eurnzd is doing good right now.
I got in long on GBPAUD and just exited for 160 pip profit. Using the trendline like i mentioned.
Tomorrow I’ll be looking again at my charts to see what we got for trades tomorrow.
Thanks Snipes and Jay,
Sorry for the chart, i built it right now, with time i will ajust that. The lines are the same of you?
MWMA:
4 blue
1 green
2 orange
You can do it that way, it will be harder to get signals because of the mixture with the chart, the MACD makes it so that the MA’s are alone in it and you can see it much clearer, just a recommendation. Overall they look similar to mine though, are you using LWMA? ( liner weighted moving average ).
[QUOTE=“Braindamage;725421”]Thanks Snipes and Jay, Sorry for the chart, i built it right now, with time i will ajust that. The lines are the same of you? MWMA: 4 blue 1 green 2 orange <img src=“301 Moved Permanently”/>[/QUOTE]
No BD
Do the MACD and then add the LWMA to the MACD
[QUOTE=“jayboii478;725415”] Good to hear about hitting the target! Eurnzd is doing good right now. I got in long on GBPAUD and just exited for 160 pip profit. Using the trendline like i mentioned. Tomorrow I’ll be looking again at my charts to see what we got for trades tomorrow.[/QUOTE]
Thanks Jay.
Nice one. Will take time to understand your trendline use.
I got out of those already 
EurNZd for 43 pips and GbpNzd for 37
Looking to build my account for these with size-able chunks instead of just big hits. Dont have the exit to an art for my liking yet.
Two days last week and this morning puts me at 287 pips
Very nice! Keep it up my friend!! If you’re interested in the trendline, it’s simple and gives us a area to directly look at too, can help filter out some bad trades I think! Also with getting the size-able chunks, that’s not a bad idea, you’ll get a exit art soon enough! I’d maybe use a trailing stop loss maybe?
[QUOTE=“jayboii478;725436”] Very nice! Keep it up my friend!! If you’re interested in the trendline, it’s simple and gives us a area to directly look at too, can help filter out some bad trades I think! Also with getting the size-able chunks, that’s not a bad idea, you’ll get a exit art soon enough! I’d maybe use a trailing stop loss maybe?[/QUOTE]
Will make time today to review.
