I trade three time frames - daily, weekly and monthly

Simple and profitable trading style

I mean seven brokers- Fxpro, Alpari, Global Prime,AUstralia, Pepperstnone, Axitrader, Oanda, FXTM. I hope you're clear now, Paul

Simple and profitable trading style

Advise to everybody: Don't join the thread mid-way. I stated why I backtest the strategy with seven platforms. I do not want to overtrade by placing any pair that meets the entry point on one platform. Go through the beginning of the thread again. ...

Simple and profitable trading style

For fifth week now the weekly candles have been closing along upper band on NZDJPY. It's not the time to close it yet. My position still open.

Simple and profitable trading style

I believe I have also answered your question. SL is not different from general rule. Use the previous candle to set SL. I have been asked the same question about SL and I have answered it. Read some of my replies to questions and you will see my ...

Simple and profitable trading style

Do you mean my Take Profit? I have found out that I did not state how I close my positions here. I said it in one trading forum with some of my trading friends. I use my short entry point to close my long entry. Long entry means that weekly ...

Simple and profitable trading style

Period: 20 Deviations: 2

Simple and profitable trading style

Just leave it with the way you meet in MT4/platform.

Simple and profitable trading style

EURUSD has the higher probability of breaking the monthly support. If it does, I know the strategy has, first time, performed using monthly and weekly. While the last monthly candle closed below middle band, the week closed below lower band. A you ...

Simple and profitable trading style

Thank you, Godsense. I do not need to change anything. I always wonder why we need to change the setting when platform/MT4 already has everything. The major reason I created my trade explore is that readers would be able to know themselves whether ...

Simple and profitable trading style

Scanning the pair I post? If I get what you mean I have all the pairs I trade in my platforms all 27 pairs. But I don't trade EURCHF. So funny pairs

Simple and profitable trading style

I said earlier that am waiting for AUDCHF. Its not given signal base on the strategy. This pair is no longer in my mind for now. It's risky.

Simple and profitable trading style

AUDCAD already moving also. NZDCAD will soon follow downward move. If the last candle on the daily had close below lower band, it would have given a go ahead

Simple and profitable trading style

Many of the pairs are still moving accordingly. If you have been following the thread I have already listed the pairs am backtesting and the entry point. CADJPY, long; CHFJPY,long; EURUSD,short; NZDJPY, long. As I have said earlier I did not take ...

Simple and profitable trading style

I just find out that the strategy obeyed 4hrs yesterday on EURAUD, short. While the daily was closing strongly below middle band, the 4hrs closed below lower band. That's great for 4rs traders. But how highly successful is what I don't know now. It ...

Simple and profitable trading style

There is something I omitted - EURAUD. This pair is negatively correlated with AUDCHF. You can see that both are sideways now. This is because of the positive correlation of EURO and CHF. When one is going up the other goes down. When EURO is ...

Simple and profitable trading style

Hi Dkarev, yea am a Nigerian. In setting stop there is no difference here withe strategy. When setting stop loss generally you use the last candlestick to set stop loss. Let start by general method of setting stop loss. Assuming you are waiting for ...

Simple and profitable trading style

In setting stop there is no difference here withe strategy. When setting stop loss generally you use the last candlestick to set stop loss. Let start by general method of setting stop loss. Assuming you are waiting for a confirmation candlestick ...

Simple and profitable trading style

If it meets the entry point I will post it here.

Simple and profitable trading style

AUDCHF is a pair worth monitoring with this strategy. This is because it's moving sideways on both the daily and weekly charts. It's going to be explosive trade. This time I think I will increase my lot size, since confidence is already being built ...

Simple and profitable trading style