GBPJPY is about to make up its mind. it moved over 160pips Monday when the markets opened. its either going to start a new bullish trend or continue its merry way down bullish. We should anticipate a signal when the London markets open get ready to hop on the trend.
PaperboiFX just gave us a buy gignal for gbpnzd rsi is looking up stochastic looking up macd has crossed over and is going momentum stop loss at previous swing low take profit at 1:2 below previous swing high
I typically trade in the direction of the 4-hour trend, so i won't be taking this trade, but I notice a double bottom completion on the 15-minute timeframe. I'm waiting for a pullback and confirmation from paperboifx for a bullish entry.
POTENTIAL DOUBLE BOTTOM BREWING. BUILDING A CASE FOR ENTRY. (CTS) WAIT PATIENTLY FOR PAPERBOIFX TO DELIVER A SIGNAL.
I have been developing my system since I learnt to trade in 2016. I'm finally confident enough to trade with real money. this is my first non-paper trade on this system. godspeed we received a buy signal and started to build a case for entry: stochastic was gaining momentum and wasn't overbought/sold. we cleared minor resistance and it became support. Price...
Mine is a desire to learn and profitably trade the markets.A yearning to liberate myself. What keeps you going?
unfortunately ive been aways from the charts today but i just got back an will be looking to see if we can trigger any trades, im interested in the USDCHF pair looking like its getting ready to continue rolling down anytime now, lets see!
stop loss levels as well as take profit levels 1 and 2 have all been set!
at this particular stretch of my forward testing im going to be focusing on active trade management,multiple take profit levels to capitalize when my price moves in my direction, also, Fibonacci extension levels together with previous structure should help pinpoint potential several points and help us to plan accordingly.
so ive been forward testing this trading system for a about two weeks now and i am pretty satisfied with the frequency of trades that pop up with the big 4 majors. ive decided to focus on just those 4 and also work on my acrive trade management, take profit 1 and 2 to maximise on wins
i live in South Africa , and that means the Asian Session is at 1am in the morning for me so i tend to sleep through it. Im realising how many @paperboiFX signals i get in the night , a classic example is this 53pip move i should have taken at 3am my time. Im still forward testing this system but if these are the kind of moves i can expect the night i need to make...
a lot of bearish momentum getting behind the Swissie , shooting for 14 pips, risking 9! stop at the previous swing high take-profit at a ,00 level 1;1,56 risk to reward ratio.
a little skeptical - usd chf hasnt been performing well lateliy but alas we will stick to our rules and take the trade. this time we took the ,50 X1.7 times away from our risk. Godspeed!
triggered another alert, we have already collected 10 pips a couple hours ago and paperboiFX hooked us up with another opportunity, stop loss and stop targets set,last trade of the day!
@paperboxFX relies on the trend, as soon as our Relative Strength index, stochastic and MACD line up, we take the trade! shootong for 10 here!
signal popped up 2 hours ago but i was still convinced trade was still in play.
we got a BUY signal from @paperboiFX, at least 1;1 risk to reward ratio, stop loss at previous swing low.
backtesting on this pair for the month of May managed to extract 180 pips!!! so we are gonna begin forward testing. Stop loss has been set at previous swing high, take- profit set at closest ,00 or ,50 from 1:1 risk to reward ratio. this is a trend following system.