Using remote desktop while on the road for trading. It’s working great. 3-0 today.
Early on I tried trading the D1. Probably bad timing as I didn’t really now what I was doing. Now I just use it for reference and overall trend along with the weekly. I’m starting to watch the 2hr and 4hr more for opportunity and then come down into the lower TFs for entries.
I’d love to set and forget, but I’m not that good!
MACD has been my go-to indicator lately.
You guys are missing some great moves on the yen pairs! I swore them off but keep coming back.
I know. I know.
Last year my broker made JPY pairs take much more of my leverage. So I’m trying to live without them unless the setup is perfect for a quick profit.
I’m very glad to hear you are having good success!
Trading has been really good. Guess what my biggest downfall was this past week? Fat fingering an order on my phone. Part of it was FOMO, trying to get into a trade without looking at my open orders, and just being plain undisciplined. Looked at my statement for the last week and saw a huge loss, and I don’t even remember the trade. Which means, I had one open position, didn’t realize it, and opened in the opposite direction. Really mad, but nothing I can do now. Take the loss, move on.
It’s a rite of passage. I remember doing that too.
Battle scars.
Definitely painful. But everything is a learning experience right. BTW, caught some really good moves on EURJPY and GBPJPY today! Even snuck a couple last week on AUDJPY.
Nice.
Mr Jpy.
Another 20 pips on Usd/Jpy.
That’s 50 for today to go along with the 30 on Chf/Huff.
5-0
Decent day.
What’s Huff? Haven’t seen that before.
Hungarian Forint.
No one has ever seen one
Oh wow, never seen it before!
Hi guys. I can see there it has been a lot of changes in the strategy that you are using now compare with the one that has been originaly posted. Its anyone here to make a recap or renew that so maybe we dont need to read the whole 3834 comments? Otherwise ill just read them of course. Thanks
Hi BobbyKnz.
The original strategy is unchanged (unless you want to make adjustments that fit your personality for trading better).
We have discussed several other strategies and I have definitely adjusted the way I trade.
If you are using MT4, I suggest adding the Cap Channel or VHP Channel indicators along with a MACD type indicator to help with entry and exits.
Here’s my chart setup on MT4 platform.
Here’s the indicators:
#FS30_4.ex4 (3.3 KB)
TicksSeparateVolume.ex4 (14.6 KB)
Versatile Super Trend.ex4 (56.5 KB)
Live Sup Res MT4.ex4 (17.1 KB)
CAP Channel Trading.ex4 (76.5 KB)
MA3 Trend MT4.ex4 (22.1 KB)
vhpchannel_03.ex4 (18.2 KB)
Live Sup Res MT4.ex4 (17.1 KB)
200 EMA
Settings:
MA3 set to 13 simple, 9 simple ,3 smoothed.
Change 9 and 3 to no color so only the 13 shows (its the green/red line).
Cap Channel is orange band lines with dashed midpoint line.
VHP is blue channel lines with dashed midpoint line and solid white signal line.
Red/Green dots are Supertrend.
Keys to success:
Signals that appear near the top and bottom of channels are preferred.
Close points are either a subsequent cross of white and green/red. A change in the histogram from green to red. The opposite channel boundaries, or the channel midpoint lines, or the 200EMA.
Or trade like I do and be satisfied with even a 1 candle of nice profit per trade. I do this a lot along with some trades I let run for days.
Yesssss!
Usd charging!
Up over 300 pips combined on open trades this morning.
Closed Usd/Jpy long.
Closed Eur/Usd short.