Normally, you do not need any indicators at all. I believe I could trade this even on a blank chart. Just configure the chart you like and add the following Moving Averages: 50 SMA (Simple, Close) 50 LWMA (Linear Weighted, Close) 10 EMA ...

Buy sell line trading

Sure, mate. Here are my trades for today...

Buy sell line trading

I love Fridays... I am up +116 pips, 6 trades, 6 wins, 4.0R account growth today. I exited conservatively at the next daily s/r line...4 trades on H1, 2 trades on H4. Cheers, Olarion

Buy sell line trading

You are so right, mate. I like outside bars very much, they're almost as powerful as the engulfing pattern. For the retracement as a MUST, I second that. Very important advice.

Buy sell line trading

Here is one typical trade example from today with entry, exit and stop marked...GBP/AUD on H1. I bailed out at the round number. Had I trailed my stop behind the last closed H1 candles, I would have gained +55 pips instead of +38 pips. PS: I forgot ...

Buy sell line trading

Some nice trades today...+138 pips so far, 7.75R account growth today. As I trade with roughly 2% risk per trade, my account has grown about +15% today... H1 GBP/AUD, +38 pips, TYPE 2, --> 2.0R win EUR/USD, +9 pips, ENGULF --> 0.5R win ...

Buy sell line trading

Nice one, mate!

Buy sell line trading

Another very profitable day (so far)... GBP/CAD, H1 engulf, +20 pips GBP/USD, H1 engulf / outside bar, +42 pips GBP/AUD, H4 outside bar, +40 pips Total for the day: +102 pips, equals an account growth of +8%. I just switched to trading via ...

Buy sell line trading

In my opinion, MACD is not necessary. Price action alone and s+r levels should give you all needed information for a profitable trading.

Buy sell line trading

GPB/CAD, H1 bullish engulfing, exit at daily s/r level for +51 pips Happy New Year!!

Buy sell line trading

Hey Arkan, thanks for the EA, perhaps someone will find it useful. For me personally, I will ALWAYS trade manually. There are so many constraints to consider, e.g. s/r levels, price action etc. - an EA will never be able to regard them. Btw, it is ...

Buy sell line trading

Hi pgbp, 1. I do not care much about spread. I always scan all trending pairs every hour (during the day). If all looks good (room to next s/r line, price action, r/r ratio etc.) I pull the trigger and set my buy stop / sell stop. If I miss the ...

Buy sell line trading

I trade AudCad, AudChf, AudJpy, AudUsd, ChfJpy, CadJpy, EurAud, EurCad, EurJpy, EurUsd, GbpAud, GbpChf, GbpJpy, GbpUsd, NzdJpy, NzdUsd, UsdCad, UsdChf, UsdJpy, Gold (XauUsd), Silver (XagUsd). Only H1 and H4.

Buy sell line trading

Just closed another 2 trades on GBP/JPY and GBP/USD for +21 pips and +13 pips. I closed them manually, price was stalling and it's Friday! Have a nice weekend and happy christmas to everyone! Cheers, Olarion

Buy sell line trading

No problem. Backtesting might be a good idea, but I prefer forward testing. I think you cannot simply add the risk/reward ratios...otherwise I must be up over 200 pips profit as I had 20 pips SL. You have to calculate the average. I have not yet ...

Buy sell line trading

Hi fisheggs, thank you. AUD/USD: r/r = 1:5.4 (8 pips SL) AUD/JPY: r/r = 1:5.0 (12 pips SL)

Buy sell line trading

UPDATE: AUD/JPY closed with +60 pips, kicked out by trailing SL at previous high of H1 candle.

Buy sell line trading

UPDATE: Closed AUD/USD for +43 pips, price was stalling at a previous H4 swing point/s+r level. AUD/JPY still running...+66 in the moment...

Buy sell line trading

2 running live trades in the moment... AUD/USD for +41 pips (+27 pips locked) and AUD/JPY for +71 pips (+48 pips locked). Will trail SL behind previous H1 candles. Anyway, profit of +75 pips is locked already...another awesome day. The ...

Buy sell line trading

Sounds good. I am interested in hearing more about it or even test it. If the system is not for the puplic yet, you can send me a PM with the details. Would appreciate it.

Buy sell line trading