Setup for EURUSD, interested in short trade only. MACD divergence is in play. Wait for candle to Daily candle to close below the line, set pending short order near the line again.

killer strategy

Lol, I will be repeating myself again, I have already explained it twice, you may want to read the full thread again. You are always welcome if you need any clarifications.

killer strategy

No my Friend, there are rules as mentioned in posts before. If you stretch the line in NZDUSD weekly chart as below it doesn't make much difference. its just that sometime i try to be more safe OR when its weekly I like to get in trade a little ...

killer strategy

No you are not, it should be like below.

killer strategy

Anyone shorting NZDUSD? This is going to be big, I shorted at 0.7330

killer strategy

Well, honestly, i have lost money (not in this strategy though), but always curious to see why i always loose despite everything is in the chart, so i started studying into the charts of my own, and wondered why not speculate the price 10 candles ...

killer strategy

Here is UJ trade taken yesterday.., I know it a little risky due to MACD divergence, but i have used the SL to break even now.

killer strategy

Yes, because that highest in past 10 back candles

killer strategy

Yes, candle needs to touch the 6EMA.

killer strategy

This one is close, but again try to touch the recent low of all backward 10 candles.

killer strategy

Looks like you are trying to touch the high/low of 10th candle backward. you need touch the recent high/low from all backward candles.

killer strategy

Looks like EU is getting ready for short trade. Will wait for Candle to close below the line and trace back to it for short trade.

killer strategy

Also UJ long trade triggered at 109.00, as the candle didn't close below the line. but this one is risky, due to another short trade setup. I will get out of long at break even OR if the daily candle close below big line.

killer strategy

Took my long trade profit at 0.7230 and my sell at 0.7230 is triggered, daily candle didnt close above the line ...

killer strategy

I am out of EU long trade,as the candle closed below the line convincingly.

killer strategy

My long order triggered on EU.

killer strategy

Another setup for USDJPY

killer strategy

1. Identify the candle not touching 6 EMA. 2. Wait for next candles to touch the 6 EMA. 3. From the candle touching the 6 EMA count 10 candles forward and 10 candle backward. From the OPEN of candle (Not touching 6EMA) draw a straight line upto 10 ...

killer strategy

You need to count 10 candles backward from candle touching 6EMA, and draw the line to high/low of those 10 candles.

killer strategy

Here is long trade setup for EURUSD.

killer strategy