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

Hi , can this program be a fullauto EA?

Originally Posted by ;

quote On Mondays Anticipate a Feeble Market. Continuations of trend happen on Tuesdays. Don't use fix pip numbers. Should you feel the risk is too much provide room and decrease by half your position dimensions. Now: consider why you needed to set the SL at this price? The principles would be keep your SL supporting supply/demand or a low or high. There are vendors or buyers so those amounts shouldn't break if you are right with your analysis...

Thanks for the information. .

Some more trades this day... It is nice when you get to fit urge with bounce off a supply or demand zone, the confluence between the two gives you extra assurance about the trade.

USDJPY, 60 pips, price refused off pivot distribution zone, took commerce on JPY impulse after close of sign candle.




AUDJPY 30 13 pips, price action again refused off distribution zone, took commerce on JPY impulse. Set TP at timeframe demand zone.



NZDUSD 21 pips, was consilidating in a need zone before using a fast breakout, advised via impulse indior, saw it was in the HT trend and took the trade. (Just found out this was due to red news for NZD)

Originally Posted by ;

quote Thanks for the information.. Some more trades this evening... It's nice when you get to match impulse with bounce off a supply or demand zone, the confluence between the two gives you extra confidence about the trade. USDJPY, 60 pips, price rejected off distribution zone, took commerce on JPY impulse following closing of sign candle. picture AUDJPY 30 13 pips, price action again rejected off distribution zone, took commerce on JPY impulse. Establish TP at higher timeframe demand zone. picture NZDUSD 21 pips, was consilidating at a demand zone before...

Well done buddy
You get far better.

Originally Posted by ;

quote Thank You for the information.. Some more transactions this day... It is nice when you get to fit impulse with rebound off a supply or demand zone, the confluence between the two gives you extra confidence about the transaction. USDJPY, 60 pips, price refused off distribution zone, took commerce following closing of sign candle. image AUDJPY 30 13 pips, price action again refused off distribution zone, took commerce on JPY impulse. Establish TP at greater timeframe demand zone. image NZDUSD 21 pips, was consilidating at a demand zone before...

Can you look at greater TF before shooting these transactions? USDJPY and AUDJPY were equally revealing buy trend on 1hr TF (that is default HTF for 15m chart). I was following the market at the time but did not trigger as they had been contrary to HTF.

Confused now

Originally Posted by ;

quote Did you look at higher TF before taking these trades? USDJPY and AUDJPY were both revealing buy trend on 1hr TF (that's default HTF to get 15m chart). I was after the market at the time but didn't activate as they were contrary to HTF. Confused now

I did look at the higher timeframe. That is just how I do this, but I look on H4 and daily to verify the trends. You will see USDJPY has been on a trend for a while plus AUDJPY is on a downtrend on H4 Daily.

Live commerce im in as I simply saw oGap forming AUDCHF, higher timeframe agrees with downtrend. Let us see what happens.

AUDCHF trade played out as anticipated, 34 pips, could have grabbed more but can't be greedy!



Additionally caught another GBPJPY exchange for 30 pips, 60 pips potential! According CS28 on 4H and Daily we are still searching for sells. I saw on the 1H chart two candles suggesting buyers fatigue.



And then on 15M chart CS28 reveals JPY strong angles up, so that I took sell trade.

Advanced Dashboard for Currency Strength and Speed
Careful with JPY and CAD it is Intense on daily.

Advanced Dashboard for Currency Power and Rate

NZD bulls in trend

I now trade deviations exclusively. A simple tool that highlights the large deviations of 2 currency strengths is shown in my chart (green traces to buy, red lines to sell). In my opinion, retracement in the extremes is the installment. Often it leads to reversal of trend when you get lucky. Scanner can be a big help. You may add channels, harmonic patterns, supply demand or volume to support the alteration installation.