Simple profitable strategy with 3 indicators: +11% profit on Gold 29-31 October
- Thread starter erik59
- Start date
fxstrategist
Corporal
- Messages
- 742
Very good analysis, will keep an eye on it.
erik59
Private, 1st Class
- Messages
- 63
Hello
Trade of the Week: USD/JPY H1: 10 - 12 February: +4.5% Profit (+140 pips)
The classical ones, the best ones: On Tuesday 10th at Francfort Open, we have a clear direction on H4, the alligator is wide open to the north, it is uptrend. On H1, we have a sleeping alligator inside a tight fractal box. We take the break, the price moves harmoniously and we exit the 12th at the break of the lower level of the box for +140 pips (+4.5% Profit)
Video of the trade:
[video=youtube;DvmspJvKg5A]https://www.youtube.com/watch?v=DvmspJvKg5A[/video]
Cheers
Trade of the Week: USD/JPY H1: 10 - 12 February: +4.5% Profit (+140 pips)
The classical ones, the best ones: On Tuesday 10th at Francfort Open, we have a clear direction on H4, the alligator is wide open to the north, it is uptrend. On H1, we have a sleeping alligator inside a tight fractal box. We take the break, the price moves harmoniously and we exit the 12th at the break of the lower level of the box for +140 pips (+4.5% Profit)
Video of the trade:
[video=youtube;DvmspJvKg5A]https://www.youtube.com/watch?v=DvmspJvKg5A[/video]
Cheers
erik59
Private, 1st Class
- Messages
- 63
Hello
Thanks for your comment
fractal box is an indy which is part of a system called aims trading, you have a link on my blog or you can google it
This system trades the market in the Bill Williams way. I got there from them, otherwise, the box is made from the fractals who are an indicator set in MT4.
Cheers
Thanks for your comment
fractal box is an indy which is part of a system called aims trading, you have a link on my blog or you can google it
This system trades the market in the Bill Williams way. I got there from them, otherwise, the box is made from the fractals who are an indicator set in MT4.
Cheers
erik59
Private, 1st Class
- Messages
- 63
Hello
Trade of the week: USD/JPY H1 on the 26-27 february: +2.5% PROFIT (+120 pips)
We knew D1 was downtrend, on H4 we have a nice sleeping alligator, on H1 same, we have a sleeping alligator & the Ewave is about to cross the zero line (always a strong signal), we take the H4 break and the price drops before the news. The news are poor for the USD but the price keeps falling and we exit the next morning when price breaks the opposite side of the fractal box for +120 pips (+2.5%)
video of the trade:
[video=youtube;XPLoaiBggqg]https://www.youtube.com/watch?v=XPLoaiBggqg[/video]
Cheers
Trade of the week: USD/JPY H1 on the 26-27 february: +2.5% PROFIT (+120 pips)
We knew D1 was downtrend, on H4 we have a nice sleeping alligator, on H1 same, we have a sleeping alligator & the Ewave is about to cross the zero line (always a strong signal), we take the H4 break and the price drops before the news. The news are poor for the USD but the price keeps falling and we exit the next morning when price breaks the opposite side of the fractal box for +120 pips (+2.5%)
video of the trade:
[video=youtube;XPLoaiBggqg]https://www.youtube.com/watch?v=XPLoaiBggqg[/video]
Cheers
erik59
Private, 1st Class
- Messages
- 63
Hello
Trade of the Week: GBP/USD H1: 6th March: +5.5% Profit (+110 pips)
On D1, H4 & H1, this is downtrend, on H1 we have a very tight fractal box and the ewave is about to cross the zero line. We take the break, and the price falls. This is the release news so we sell half of our position (+2% / 2 = +1%) before the news and let our trade runs. Following the news, the price goes in our way (as often, price goes in the main trend direction) and we exit few hours before the end of the week for +9% / 2 = +4.5%; the total profit is +5.5%. Great quick trade.
Video of the trade:
[video=youtube;u6ZPFynccg0]https://www.youtube.com/watch?v=u6ZPFynccg0[/video]
Cheers
Trade of the Week: GBP/USD H1: 6th March: +5.5% Profit (+110 pips)
On D1, H4 & H1, this is downtrend, on H1 we have a very tight fractal box and the ewave is about to cross the zero line. We take the break, and the price falls. This is the release news so we sell half of our position (+2% / 2 = +1%) before the news and let our trade runs. Following the news, the price goes in our way (as often, price goes in the main trend direction) and we exit few hours before the end of the week for +9% / 2 = +4.5%; the total profit is +5.5%. Great quick trade.
Video of the trade:
[video=youtube;u6ZPFynccg0]https://www.youtube.com/watch?v=u6ZPFynccg0[/video]
Cheers
erik59
Private, 1st Class
- Messages
- 63
Hello
Trade of the Week: EUR/JPY H1: 10-12 March: +6% Profit (+306 pips)
This another classical trade. It is a clear downtrend on D1 & H4, we have a nice setup on H1 with a relatively tight fractal box and an Ewave cross of zero line, we take the break and the price drops nicely and we exit 2 days later while the price crosses the fractal box in the opposite side for +306 pips = +6% profit!
Video of the trade:
[video=youtube;y2EpMMawHeM]https://www.youtube.com/watch?v=y2EpMMawHeM[/video]
Cheers
Trade of the Week: EUR/JPY H1: 10-12 March: +6% Profit (+306 pips)
This another classical trade. It is a clear downtrend on D1 & H4, we have a nice setup on H1 with a relatively tight fractal box and an Ewave cross of zero line, we take the break and the price drops nicely and we exit 2 days later while the price crosses the fractal box in the opposite side for +306 pips = +6% profit!
Video of the trade:
[video=youtube;y2EpMMawHeM]https://www.youtube.com/watch?v=y2EpMMawHeM[/video]
Cheers
erik59
Private, 1st Class
- Messages
- 63
Hello
Trade of the Week: USD/CHF H1: 10-12 March +8.5% Profit (+337 pips)
This is a great campaign on USD/CHF, on the 18th (FOMC report day) at Francfort open, I have a tight fractal box and the ewave is about to cross the zero line, this is a H1 setup. I check on H4, the ewave is also on the way to cross the zero line (and H1 <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=pending+order" onmouseover="return overlib('An order that will not execute until the price reaches a level selected by the trader. Forex Traders Glossary');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=pending+order" onmouseover="return overlib('An order that will not execute until the price reaches a level selected by the trader. Forex Traders Glossary');" onmouseout="return nd();">pending order</a>
</span> is below the H4 red line, price has some space to move to reach the H4 limit as well), therefore this is a double H1/H4 cross of the zero line! I take the H1 break, the price drops slowly forming a new sell fractal, I take a second entry below that fractal (this is also a double break H1/H4) with a <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=stop+loss" onmouseover="return overlib('A price you enter on your trading platform to limit the maximum amount of pips you can lose on an open trade. If the price moves against you and touch [...]');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=stop+loss" onmouseover="return overlib('A price you enter on your trading platform to limit the maximum amount of pips you can lose on an open trade. If the price moves against you and touch [...]');" onmouseout="return nd();">stop loss</a>
</span> above the red line at 45 pips as we are in an investing mode, the price drops. Before the <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=FOMC" onmouseover="return overlib('Federal Open Market Committee. Consists of the Fed Board of Governors plus 5 of the 12 Federal Reserve Bank presidents. They set the key interest r [...]');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=FOMC" onmouseover="return overlib('Federal Open Market Committee. Consists of the Fed Board of Governors plus 5 of the 12 Federal Reserve Bank presidents. They set the key interest r [...]');" onmouseout="return nd();">FOMC</a>
</span> report (like NOFP news), my strategy is to sell half of my position to reduce the risk, then the news came and go in my way, cool. I exit above that huge BDC for a total profit of +8.5% (+5.5% and +3%) and +337 pips (+187 and +150).
N.B. I could have taken my profit (or half of them) when the prices has reached the D1 red line.D1 alligator lines are excellent SL and TP.
Video of the trade:
[video=youtube;i13tFfxzCrk]https://www.youtube.com/watch?v=i13tFfxzCrk[/video]
Cheers
Trade of the Week: USD/CHF H1: 10-12 March +8.5% Profit (+337 pips)
This is a great campaign on USD/CHF, on the 18th (FOMC report day) at Francfort open, I have a tight fractal box and the ewave is about to cross the zero line, this is a H1 setup. I check on H4, the ewave is also on the way to cross the zero line (and H1 <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=pending+order" onmouseover="return overlib('An order that will not execute until the price reaches a level selected by the trader. Forex Traders Glossary');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=pending+order" onmouseover="return overlib('An order that will not execute until the price reaches a level selected by the trader. Forex Traders Glossary');" onmouseout="return nd();">pending order</a>
</span> is below the H4 red line, price has some space to move to reach the H4 limit as well), therefore this is a double H1/H4 cross of the zero line! I take the H1 break, the price drops slowly forming a new sell fractal, I take a second entry below that fractal (this is also a double break H1/H4) with a <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=stop+loss" onmouseover="return overlib('A price you enter on your trading platform to limit the maximum amount of pips you can lose on an open trade. If the price moves against you and touch [...]');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=stop+loss" onmouseover="return overlib('A price you enter on your trading platform to limit the maximum amount of pips you can lose on an open trade. If the price moves against you and touch [...]');" onmouseout="return nd();">stop loss</a>
</span> above the red line at 45 pips as we are in an investing mode, the price drops. Before the <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=FOMC" onmouseover="return overlib('Federal Open Market Committee. Consists of the Fed Board of Governors plus 5 of the 12 Federal Reserve Bank presidents. They set the key interest r [...]');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=FOMC" onmouseover="return overlib('Federal Open Market Committee. Consists of the Fed Board of Governors plus 5 of the 12 Federal Reserve Bank presidents. They set the key interest r [...]');" onmouseout="return nd();">FOMC</a>
</span> report (like NOFP news), my strategy is to sell half of my position to reduce the risk, then the news came and go in my way, cool. I exit above that huge BDC for a total profit of +8.5% (+5.5% and +3%) and +337 pips (+187 and +150).
N.B. I could have taken my profit (or half of them) when the prices has reached the D1 red line.D1 alligator lines are excellent SL and TP.
Video of the trade:
[video=youtube;i13tFfxzCrk]https://www.youtube.com/watch?v=i13tFfxzCrk[/video]
Cheers
fxstrategist
Corporal
- Messages
- 742
The videos are very helpful, just keep them coming.
Similar threads
