Been in this USD/JPY trade since Dec 12th. I've adapted the Fib tool by dividing point 0 to point 100 by 6 and then using three extensions in each direction of 1.618 --- 2 which is where I move to BE plus 3 pips to cover spread and 2.168 where I TP.

Follow the Trend Let it be Your Friend

Watching USD/CHF at the moment

123PatternsV6 revisited

Hi Dee, I find the 15 HMA to fast the 34 HMA works well with the W1 and D1 charts.

123PatternsV6 revisited

You can use what ever MA or any other indicator you prefer. I simply use the 34 Hull MA because I like it, it's my line in the sand, I check to see if price is above or below the 34 HMA on the W1 and D1 charts and then look for 123 patterns on the ...

123PatternsV6 revisited

I've been looking for a method I can trade on higher TFs because of a lack of time to trade. I like the 34 Hull MA because I find it works well as dynamic support and resistance by getting the trend direction from the W1 D1 charts and then trading ...

123PatternsV6 revisited

EUR/USD H4 Chart Placed a pending sell stop at 1.33851

A "new" simple system based on MA

This is what I'm seeing on EUR/USD D1 and H4 charts

A "new" simple system based on MA

Hi hmaoui, Unfortunately I don't get much time to trade at the moment, because of work commitments, but it doesn't stop me from looking for things that I would be trading if I where around. I used to trade the M15 and M5 charts but I am now back ...

A "new" simple system based on MA

Have you looked at using this on higher TFs? Keep it simple, look for the trend, look for the pull back in the trend then look for Stochastic to either be oversold or over bought depending on wether you are going long or short.

A "new" simple system based on MA

Hi 60minuteman, Thanks for the welcome. Looking at EUR/JPY, it looks like it might have to drop a bit further before picking up strong enough demand to move it higher we'll wait and see.

H4 Power

Hi 60minuteman, Great thread you've got here, I can only go to H4 charts because of work commitments so I'm looking at the monthly and weekly charts for direction and then the H4 for entries. I hope I'm on the right track, here's what I see on ...

H4 Power

Hi Philemon, Take a look at this video I don't know if it has been posted here before. Did you go through similar periods when demo trading? Every system goes through ebbs and flows if you are following the system rules exactly as you where when ...

Another simple system - Time-Frame 15

Did anyone consider this setup on USD/CHF H4?? See what you think when you consider it's entering a weekly demand level???

Simple 5 / 8 moving average crossover

SL hit (-1%) of my account. Davit has a point some times you should just look at the chart. I took a chance with the resistance above and it didn't pay off there is always going to be some degree of resistance or support when entering a trade after ...

Simple 5 / 8 moving average crossover

Entered this trade on AUD/USD H4 overnight.

Simple 5 / 8 moving average crossover

Hi srt, Thanks for the tip; try the template attached and see if it works this time. I trade using a Mac when I open a tpl file all I get is text so I can't test it out myself.

Simple 5 / 8 moving average crossover

Hi Ray, Happy to see things going well for you. I've adapted things slightly and now look for the pull back in the trend before looking for PA to get into a trade. I've been posting here url to show what I'm working on if your interested. If ...

Mechanical Trading - Is it possible?

Hi MidnightRun, The templates I save on my platform don't show up when I look in the "Program Files" "MyTradingPlatform" "Templates" on my computer; I saved the template I created to the ADX Template on my platform, which does show up in my "Program ...

Simple 5 / 8 moving average crossover

I got the trade manager EA from this thread url , fxtr51 has deleted the thread because he was fed up with the hassle he was getting from people. I don't think I should post it because he has deleted the trade manager EA from the thread.

Simple 5 / 8 moving average crossover