New Trading Guide for the New Year (Need Help Testing)
1 2 3 ...

thread: New Trading Guide for the New Year (Need Help Testing)

  1. #1

    New Trading Guide for the New Year (Need Help Testing)

    Hello everybody...

    I have something I have been working on for just a little while but need some people that can really put in time in front of their trading platforms to see this system works, and that means you will be helping me analyze this system. Regrettably, I'm unable to place in alot of time. I work fulltime 9 to 6 EST (I get some computer time in this time but not consistently), and also have family to spend time with when I'm not in work, so not much free time to allow me to test this and do a suitable and reasonable evaluation. So no time during NY open and no more time in the evening during Tokyo open. And I sleep through Frankfort and London open. I normally trade longer time frames due to the time restriction I have but this system is going to be contingent on 5-minute time frame with confirmation of this 1-hour frame. It will use a few indiors as a guide, and price action as your commerce trigger.

    Is anybody interested in doing any testing and making some pips on the way??


    Please read post #25 through #50 (they are very short) to see rules and examples (live charts) .
    https://www.cliqforex.com/attachment...2052360777.zip

  2. #2
    Hello , Can you please indie that your pair and period fram3 when you place charts and opinions so that we could follow along? Thanks
    Euro vs Yen I am watching.

    Here is the very first for now: 5m H1 -H1 shows DT on the ... forgot the indi title; 5m all going long

    if you'll excuse me for saying so but I am not a gread believer in using higher TFs into determing when to trade. H1 is 12 x the size and would allow for largish moves before reacting.
    The 5m chart has a 5/12 cross with price above the HA bars and the rest of the indies showing buy.

    Result would have only been 10 or 12 pips based on departure but when we are using 5m we ought to be searching for only 10 I believe.

  3. #3
    Eur/Yen braking from the triangle. OOoops pic, correct one.

    Triangle was broken but price continues backward. . .really sideways... along a station. That is NFP Friday for you.

    Have another look Monday.
    Hello Phreddy, Would you please indie your pair and time fram3 when you place charts and opinions so that we can follow along?

    Due

  4. #4
    Eur/Yen braking from the triangle. OOoops pic, correct one.

    Triangle was busted but price continues sideways. . .really sideways... along a station. That is NFP Friday for you.

    Have another look Monday.
    Yeah, NFP Friday will be unpredictable, and usualy items slow right down before the number is released, so no actual surprize in any respect.

  5. #5
    Eur/Yen braking out of the triangle. OOoops pic, correct one.

    Triangle was busted but price continues sideways. . .really sideways... along a station. That is NFP Friday for you.

    Have another appearance Monday.

  6. #6
    about the hourly rate, zoom out, and see that the Price Action is hitting against the lower border of a triangle up . . Maybe bouncing up from this stage to get a few pips at ... same for EURUSD rebounding off 1.3000

    I am in long both for today (I know hourly has not lined up yet, but I sometimes jump the gun (and get burned of course) when there is a great reason for a fast price rebound as the case is currently)
    closed off eurjpy to get 5 pips as I do not enjoy PA now. 15 on eurusd, and now moved SL to BE . . Wil let it ride until 1.3040 or so.

  7. #7
    Eur/JPY is in a long down trend but showing a small retrace. Pivot candle isn't a pinbar so maybe only a retrace.

    5min is currently in a triangle, can go either way
    about the hourly, zoom out, and also see that the Price Action is hitting the lower boundary of a triangle up . . Maybe rebounding from this stage to get some pips at ... same for EURUSD bouncing off 1.3000

    I am in long both for now (I understand hourly hasn't lined up yet, but I sometimes jump the gun (and get burnt of course) when there is a great reason for a fast price rebound because the situation is now)

  8. #8
    it is at 1.3000 major double zero support, and also the xForecaster is turning green onto 1-hr chart and it is forming a trap bar candle. If yu are an aggressive commerce with some risk tolrance and want in early (before all states are met on 1-hr), then you may want to jump in to the 5-minute when conditions are fulfilled there
    EURUSD running LONG now

  9. #9
    The hour passed and not much to show.

    BTW: Changed background colour to prevent confusion.

  10. #10
    Eur/JPY is at a long downward tendency but showing a little retrace. Pivot candle isn't a pinbar so perhaps only a retrace.

    5min is at a triangle, could go either way

  •