Since you're joining and are entry on the weekly I have a chart for you. After all the middle band acts as support and resistance. Your SL may be protected by MB. Take the smallest lot size since the SL is big.

Simple and profitable trading style

I saw it also and was going to make comment on it. Great thanks for your attention. According to the strategy, it's a setup. But be careful of the uncertainty surrounding the GBP pairs because of the Brexit referendum. If you're taking it take ...

Simple and profitable trading style

The interesting thing now is that the bearish candle closing below lower band. Same with AUDCAD short. I believe I have shared AUDCAD chart here.

Simple and profitable trading style

Yesterday I stated that Pepperstone closed my demo account after a month of using it's platform. And so my AUDUSD short and GBPCAD long are in that platform. So I placed the AUDUSD short again in another platform since the setup is still not too ...

Simple and profitable trading style

Do you trade news?

Experiences with FxPro

I wish you good luck.

Simple and profitable trading style

My great mentor would say that when price moves in sideways and finally closes below lower band/touch lower band it shows that downward wants to be continued. That's what I see in EURUSD, daily. Opposite is the case with bullish movement.

Simple and profitable trading style

When our positions we enter keeps going uninterrupted there is problem ahead of us - indiscipline. Are we able to trust our system when price retraces before continuation? Is a big question.

Simple and profitable trading style

Fed voted to hike interest rates. Good for EURUSD bears, USDCHF bulls, AUDUSD bears.

Simple and profitable trading style

Using correlation also add more confidence to may entry. I think it's time to talk about it now. About my NZDJPY long position: NZDCHF was already strongly bullish while the NZDJPY was moving sideways. Then I expected it ( NZDJPY ) also to be ...

Simple and profitable trading style

I hope to continue to share charts if there is any game changer. I have shared almost all the positions am in. They're still open.

Simple and profitable trading style

One thing about this is enough patience, just like any other strategies many other traders use. When price is sideways we cannot do anything than to wait. Also for bullish trade if the weekly is closing/closed above middle band and the daily refused ...

Simple and profitable trading style

EURUSD is gradually breaking the monthly support. What gives me the confidence that it will finally break it is the fact that USDCHF is closing above upper band on daily. USDCHF is strongly (negatively) correlated with EURUSD. Gold has already made ...

Simple and profitable trading style

Pepperstone closed my demo account a month after I downloaded the platform. No problem. I still have other platforms. They say I should fund my live account and then they will set my demo on permanent setting. I ask myself if they want traders to ...

Simple and profitable trading style

Yes Paul. Sorry for late reply. I was on medication yesterday and could not wait till market close before I slept. Each time I see new trades that meet the strategy I will get in. I just want have so many positions base on the strategy so that I can ...

Simple and profitable trading style

Strong monthly support is obstructing the EURUSD short. It was also based on the same strategy. I have shared the chart. It continues to retrace from the support. My position still open. Sooner than later am sure the support will be broken. GBPNZD ...

Simple and profitable trading style

ok

Simple and profitable trading style

Good luck mate

Simple and profitable trading style

For those who still have issue and question about exit, if you check the NZDJPY weekly you would observe that for five weeks now the pair has been trending along the upper band. If when retracing, it closes below middle band while the daily closes ...

Simple and profitable trading style

I don't want to place all the ones the met the entry point on one platform. Since am backtesting the strategy I want to place a single pair on one platform. In this way I will be able to check how successful the strategy is.

Simple and profitable trading style