AUDJPY is in a very similar position as USDJPY. On 4 Dec AJ had a massive negative D close, it never followed through lower, why not? Good candles should follow through (yes theres always exceptions like the overly large blow out candles at the end ...

My Berkah_TS

USDJPY is at a proven resistance level going back to May '13. So its at a good place to look at CT trades. D has had 2 days of lower wicks, that is not convincing yet as a 3 - 7 day reversal pattern. Its not just are we above/below a certain ma on a ...

My Berkah_TS

Ok so what rules do you have that's making you take those trades? Have you gone through hundreds of charts to see if those entries are ones that you can repeat and will give you an edge. Please don't worry about listing your trade rules if they are ...

My Berkah_TS

On the 1hr chart you show one trade. On a pair like euraud that trends really well what happens if you miss that trade? You can't have a method that only gives you 1 crack at a 400 pip move. So where else would you look to buy?

My Berkah_TS

Exactly, there's 2 constants in trading trend (as described in quote) and support/resistance. When trend reaches SR you never know which will win out. Hesron you seem to be looking for the grail that will somehow capture every move. If you get it ...

My Berkah_TS

Price struggled yesterday at the resistance level, top from May '13 (body high week of 12th). Its run up 500 pips in Nov to the R level. As you mentioned the D outside bar is a concern. When you put the 3 together you must ask how much rope you'll ...

Higher low, lower high system

What's making your signals late, can't be price action? If its not price action giving you a late signal then its an indi. So ditch most of the the indi's other than your basic trend definition. Then start looking at your charts the perfect ...

My Berkah_TS

On your moving averages on D. I don't know how you intend to use them but you need to understand the difference between what they will do in trend and what they will do turning at a proven SR level. It may take longer for your ma's to cross when ...

My Berkah_TS

Sorry forgot to say, on your charts - 20th D chart positive close so your bias from 21st is to buy as you have shown. Now you need to get clear in your head what your buy definitions are on 1hr. Don't be afraid to test out lots of things until you ...

My Berkah_TS

A pleasure to have been of help. Now your real work begins. The days when you have the 3 - 7 day reversals to cross the D 8lwma and price carries on in trend are easy. But there will be days when this does not happen. Now you need to study your ...

My Berkah_TS

Its your thread and your journey and you asked for some help and I don't want to hi-jack it further. You might have guessed I am not one of those that trade from 1 TF's charts only. I advocate MTF analysis using D and 1hr at a minimum. So do your D ...

My Berkah_TS

Now you could say hindsight is perfect, well heres some posts from a few hours back. EURAUD is now at 1.4933 so this would have been a losing trade. See url and url for what was a system buy trade based on indi's and price action but saved a ...

My Berkah_TS

Its simpler than it seems. Question 1 - Have you got a 3 - 7 day reversal pattern yes or no? Question 2 - Has that 3 - 7 day pattern resulted in a cross and close the other side of the 8lwma yes or no? Question 3 - Has the D chart given a higher ...

My Berkah_TS

As I said 3 - 7 day reversal patterns that close the other side of the 8lwma. See 8 Nov. There is an identified support level 1.4128 at the Oct lows and you don't know in advance if it will hold or fail in Nov. There is a massive doji (caused by ...

My Berkah_TS

OK I'll give you some of my thoughts. First I forgot, I'd ditch the semafor it repaints so I don't know if what its showing now would have been what it showed live at the time. You cannot back test it so its of no use. Make you candles bigger, on ...

My Berkah_TS

Forgot to mention Y closed a hanging man url .

Higher low, lower high system

Just got an sms from Mrs V she is in at 1.4962. Won't give much room as its fri pm, in and around Y's high, the run up is now 950 pips and we are in a major resistance area from Aug. If it goes it goes if its out at BE so be it and if it goes after ...

Higher low, lower high system

Yes it did, I'm not in and Mrs V hasn't expressed any interest. Nice retrace back to the US close lows a 3 bar reversal, morning star pattern back into trend. A trade that the EA would not have picked up because of the MACD histo filter. It does ...

Higher low, lower high system

If the move is really high impact you probably won't get filled at your chosen price. Your entry may/will jump and be much higher than your desired level and that's putting you into dangerous territory requiring a stop much larger than you'd like. ...

My Berkah_TS

One of the simplest and most effective moments of clarity that improved my trading massively was the realisation that on a D chart most turns take 3 - 7 days to play out. 3 - 7 day turns that cause price to cross this tight 8lwma most often will ...

My Berkah_TS