USDJPY 2 days later
I am trying this new strategy that is an ad up to my initial one
USDJPY for next week
timeframe 5 m
indicators
rsi 8
bollinger in the rsi 200
bollinger in the chart 200
at this time meaning next monday SELL only
when
if the price is above the upper bollinger in the chart
AND rsi is also above the upper bollinger in the rsi
draw a line at that price (see pic)
then wait for price to retrace to that line
then hit the sell
you stop loss will be the price at the line
take profit when price goes under the lowe bollinger or until you feel like getting out
try it on a demo
1 Like
So no doubt this trade will show up on your Myfxbook account then during the week???
See now we’re getting somewhere!!! LOL!!!
all with your help dude keep it
by the way thanx for the interest you showing to my post
too bad you are not some good looking woman
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do you have a myfxbook link? I don’t have a clue whether this thread is worthwhile reading because you never write any outcome of trades down.
no i just registerd with myfxbook
this is only suggestion of new strategy that in trial
some people gave some likes
use a demo to check
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GBPUSD for monday 8 7 2019
Buy only
timeframe 5 m
indicators
rsi 8
bollinger in the rsi 200
bollinger in the chart 200
at this time meaning next monday Buy only
when
if the price is under the lower bollinger in the chart
AND rsi is also under the lower bollinger in the rsi
draw a line at that price (see pic)
then wait for price to retrace to that line
or you see a divergence in the rsi
then hit the Buy
you stop loss will be the price at the line
take profit when price goes Above the upper bollinger or until you feel like getting out
try it on a demo
1 Like
You see. Now I’m giving you some GENUINE likes!!! LOL!!!
May I offer some input???
My two cents:
I was looking at your USDJPY chart from earlier. Although the way you’re doing things could not be further from the way I do things: I don’t see anything basically wrong with what you’re attempting to do. Only suggestion would be to add the daily pivots onto that chart. If price hits a pivot and that coincides with your own theories and indicators: I reckon you’d have a pretty good short. Not sure I’d wait for the position to get to the bottom of the BBs. But that’s just me (but as I say: not something I’d be looking at anyway is BBs). And also do remember: I don’t trade FOREX. This being said and as much as I hate to admit it: I’m noticing of late that FOREX pairs too obey pivots (for reasons beyond me but that’s not important I guess) (I sure am making some out of character and surprising statements tonight!!! LOL!!!).
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As I said before
too bad you are not some pretty young lady
:
1 Like
EurUSD for monday 8 7 2019
Buy only
timeframe 5 m
indicators
rsi 8
bollinger in the rsi 200
bollinger in the chart 200
at this time meaning next monday Buy only
when
if the price is under the lower bollinger in the chart
AND rsi is also under the lower bollinger in the rsi
draw a line at that price (see pic)
then wait for price to retrace to that line
or you see a divergence in the rsi
then hit the Buy
you stop loss will be the price at the line
take profit when price goes Above the upper bollinger or until you feel like getting out
try it on a demo
look how nice this channel look
remember buy only when under lower bollinger using timeframe 5 minutes
crude oil
timeframe 5 m
indicators
rsi 8
bollinger in the rsi 200
bollinger in the chart 200
SELL
when
if the price is above the upper bollinger in the chart
AND rsi is also above the upper bollinger in the rsi
draw a line at that price
then wait for price to retrace to that line
then hit the sell
you stop loss will be the price at the line
take profit when price goes under the lowe bollinger or until you feel like getting out
try it on a demo
AUDCHF support and resistance for next week 15 7 2019
You can not get something without giving something
that is the best trading strategy
EURUSD
Possible support and resistance for the next 7 days from 14 7 2019
Suggested Strategy to use
timeframe to work with 5 minutes
indicators to use
RSI 8
bollinger in the RSI 200
bollinger in the chart 200
SELL when
if the price is above the upper bollinger in the chart
AND rsi is also above the upper bollinger in the rsi
AND Price near a support and resistance line
wait for price to retrace to that the support and resistance line
then hit the sell
your stop loss will be the price at the support and resistance line
your stop loss will be the price at the support and resistance line
your stop loss will be the price at the support and resistance line
take profit when price goes under the lower bollinger or until you feel like getting out
BUY when
if the price is under the lower bollinger in the chart
AND rsi is also under the lower bollinger in the rsi
AND Price near a support and resistance line
wait for price to retrace to that the support and resistance line
then hit the buy
your stop loss will be the price at the support and resistance line
your stop loss will be the price at the support and resistance line
your stop loss will be the price at the support and resistance line
take profit when price goes Above the Upper bollinger or until you feel like getting out
try it on a demo
Crude Oil Possible Support and Resistance for Today 16 7 2019
SP 500 Possible Support and Resistance for Today 16 7 2019
If you draw enough lines: ONE of them is bound to be right!!! LOL!!!
1 Like
Pivots. Well at least we agree on ONE line!!! LOL!!!