Thread: 28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions

Originally Posted by ;

quote Nice trades, I have seen that move but could not take that as it violated this principle: 4. Do not exchange out GAP if a currency is over or under Market Fib 100/-100 but wait with interior GAP and exchange the pullback for a flip. At the stage on that little candle that is inside, USD was at -131 fib. Are there exceptions to this principle? image

Hi Dewdrops, thanks for the followup. I must admit I don't check the principles , took it, but it looked good to me. I am certain that that you've noticed that price keeps going way above/below 200 when the market is strong, not that I'm recommending you do so. Still learning after a couple of months but feeling very confident with this particular egy. Like those recent trades of yours.

Jeff

Some scalps using dashboard. Shades of dashboard are taken at entry.
Signals M15 with great speed (gt;14/ /-14) to avoid flat market.

GBPJPY M15
entry



the transaction
is required if price moves the entry but the tendency is with you. Market Makers try to hunt the stops to fill more longs. Should you track break even too early you'll be there sufferer.

When the whole Market movement and is in trend.
We see the complete row above all timeframes.

Here 2 weak currencies (USD JPY) and 2 strong currencies (GBP AUD).


This gives us potential pairs to buy: GBPUSD, AUDUSD, GBPJPY, AUDJPY.

1 hour later: (GBPUSD moved 100 pip)


AUDJPY (40 pip)


GBPJPY (80 pip)


AUDUSD (40 pip)

CADJPY buy on 15 min chart reduction, didn't know about interest rate decision news

GBPUSD market on 5 minute chart winner

Originally Posted by ;

CADJPY buy on 15 min chart Loss, didn't know about interest rate conclusion news GBPUSD market on 5 min chart winner image image

Always check red news. You are lucky your SL was not slipped until the close of the red candle.
That is the time when market makers get active and searching stops.
Consider to shut trades before those news.

Something else we see. The price hit the demand zone in the pip (88.301) and also reversed.

The reversal trade from outside MFib 161/-161 is well done.

Keep moving.

And some scalps with dashboard. Screenshots of dashboard are taken at entry.
Signals M15 with good rate (gt;14/ /-14) to prevent flat market.

NZDJPY M15




THE TRADE


GBPJPY M15



THE TRADE

, who's searching stops? Could you explain more?

Thanks.

Originally Posted by ;

And again some scalps with dashboard. Screenshots of dashboard are taken at entry. Signals M15 with good speed (gt;14/-14) to prevent flat market. NZDJPY M15 image image THE TRADE image GBPJPY M15 image image THE TRADE image

, Can you get alarms on MT4 pop-up or email notifiion and get on the PC to shoot the trades? Or do you sit in front of the PC during NYO or even LO to find setup?

More practice trade on demo:

Buy CJ on 5 min. On CAD and 161 fib coming from -161 fib JPY was. Could not find decent entry on 5m but once I shifted to 15m, it revealed bullish pinbar change two candles back and I pulled the trigger.

REMINDER of This TRADING RULES:

Post 69 of the other thread.

Starting to get a little more confident with the machine, still require a lot more practice.

Here's a trade from LO Monday morning. I waited to get the urge sign, before the sign there was 20 pips to the taking but I didn't feel confident buying in at that point even though the CS angles seemed great.