EMA8

Swing Trades using Price Action

When you take multiple pairs you MUST be aware that ALL of them can be impacted by the same fundamental news. Say you trade 5 USD pairs (usdjpy, audusd, bgpusd, eurjpy, eurusd) and an adverse news event comes out impacting the USD... In my back and ...

Swing Trades using Price Action

There's FXReplay at about $25 a month, but I just use TradingView replay and do it manually.

Swing Trades using Price Action

Backtesting is where you must spend most of your time while developing your trading plan, and this will take months. If you insist on being in live trades while developing your plan, then trade only 4 hour and daily... this gives you plenty of time ...

Swing Trades using Price Action

Your charts would be easier to read without the watermark on them... just my opinion.

Swing Trades using Price Action

Pick one pair, backtest it for AT LEAST 100 trades on a single time frame (day, 4 hr, 1 hr etc). Record the winning trades max profit. Then filter your data for 1:1 wins, 1:2 wins, 1:3 wins etc. With data you can build a risk plan for that pair and ...

Swing Trades using Price Action

I explained why I reentered... it was NOT a pinbar entry.

Swing Trades using Price Action

BTC is not my fav pair but I had to take this... the reentry after the stopout was based on a break and retest into a bullsish FVG. The 1st entry was a bit over 2x, and the open trade has hit 10x but still running. Combined over +3% so far on my ...

Swing Trades using Price Action

First thing in the morning I scroll though 20 fx pairs plus BTC, Gold and Oil... I go through all pairs in the Daily, 4hr and 1hr charts. When I see a setup, I place the trade on my chart with the TradingView buy/sell thingy with stop at level of ...

Swing Trades using Price Action

Not a bad 36 hours or so in BTC.

Swing Trades using Price Action

It's part of the trading cycle Bro. You get good and bad parts in the cycle. After backtesting multiple pairs and finding a pair and timeframe that produces near 80% winners and then deep diving into that pair for 150 consecutive trades only to find ...

Swing Trades using Price Action

Thanks my friend, you are correct, my bad. I'm going to back test the shit outa Gold this weekend!

Swing Trades using Price Action

Here are the 4 hour trades I found on Gold. It is a Forexcom data feed. If you use Oanda charts it will be different.

Swing Trades using Price Action

The 1hour candle is upside down... invalid anyway.

Swing Trades using Price Action

I missed 3 good trades today. Just missed this one 30mins ago...

Swing Trades using Price Action

8EMA slope I record/take a trade based on trending 8ema (sloping up/down). You may require more slope, or you may wait until 8ema crosses the 16ema. Whatever you do or use, BE CONSISTANT... your job initially is to collect data on a large number of ...

Swing Trades using Price Action

Your eurusd trade candle does not pass on my data feed (FXCM).

Swing Trades using Price Action