- Search Energy EXCH
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Barraka replied Apr 30, 2020Yes same here, no real opportunities so far, at least from what I've seen...
Roadmap - A Way To Read Markets
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Barraka replied Apr 30, 2020Currently watching EURAUD. It's moving strongly towards the baseline, in overall bearish structure. Overall this morning there's currently a strong EUR rally, so not going to jump in right now. It might test yesterday's high which has acted as a ...
Roadmap - A Way To Read Markets
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Barraka replied Apr 29, 2020I know Hanover posted a dashboard, but since I had been working on my own DB during this whole time, I’d thought I’d share it here, it differs only slightly. The indicator must be placed in the indicator folder (Mql4/Indicators) as per usual. When ...
Roadmap - A Way To Read Markets
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Barraka replied Apr 29, 2020Trades I'm currently in today: Traded the channel failure in overall bearish market on EURAUD, still in and price is close to my 2R target. image EURNZD, it was more of an anticipation of a reaction to yesterday's low. Still in. In hindsight my ...
Roadmap - A Way To Read Markets
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Barraka replied Apr 29, 2020Note to self: It's pointless to post a setup, which goes my way a couple of minutes after, if I'm not actually going to take it. Was waiting for price to touch the SMA, like it did on the previous bounce, so switched chart, and boom too late. ...
Roadmap - A Way To Read Markets
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Barraka replied Apr 29, 2020US500 slowly approaching baseline on M15. The last reaction at EOD was very nice, however today formed a lower high vs yesterday, so maybe a sign of weakening bull strength. We'll see what it shows us. image
Roadmap - A Way To Read Markets
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Barraka replied Apr 29, 2020Have your read the rules on the first page? It explains the setups & what you're looking for. In this case, the MTF dashboard shows that both higher TFs channels are above the 200SMA, that's a first bullish sign. Second, the RSI reading was above ...
Roadmap - A Way To Read Markets
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Barraka replied Apr 29, 2020A potential long setup on AUDUSD M5. RSI is strong at 70, price approaching 200MA, with confluence at previous day's high. image
Roadmap - A Way To Read Markets
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Barraka replied Apr 28, 2020Currently watching CADJPY M15. Channel just crossed below baseline, with RSI at 34. But the price action since yesterday isn't very clean, we're back into the middle of the range, so not sure about the potential downside move. image
Roadmap - A Way To Read Markets
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Barraka replied Apr 23, 2020First trade with this method. Setup looked good as channel was hovering the baseline, with RSI nicely in the red, and confirmed with HTF dashboard. But got spiked out pretty quickly. image
Roadmap - A Way To Read Markets
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Barraka replied Apr 22, 2020Hi Laura, great thread thanks for your contribution. Regarding your stop losses, from the screenshot you attached I get that your losses are quite bigger than your winners. It's probably compensated by a higher WR, but do you have an idea of your ...
Roadmap - A Way To Read Markets
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Barraka replied Apr 12, 2020Sure
And BTW, the old "if a strategy doesn't work, just take the opposite trades" doesn't work my friend, or else we'd all be millionnaires
.Trade Outside the Box (TOTB)
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Barraka replied Apr 11, 2020Following my analysis for what the results would be for the current week, by following exactly what the rules state on the first page of this thread, I decided to backtest for the whole year of 2019, on both GBPUSD and GBPJPY. Again, through my EA ...
Trade Outside the Box (TOTB)
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Barraka replied Apr 11, 2020Ok, so I've refined my EA that gave me the results I posted earlier in this thread. I adjusted the money management rules, because initially I was just going with a single unit, and a 1:1 R/R. This time, just as the rules state, I have 2 units (one ...
Trade Outside the Box (TOTB)
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Barraka replied Apr 9, 2020Oh well, just as I joined this thread it's moved to dumpster section, bit of a shame. To be fair Daz, as soon as I saw your post about Discord and all, I immediately thought "well this is going to be moved to commercial in 3,2,1...". If you've been ...
3 Bar Fractal Break
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Barraka replied Apr 8, 2020Here's an update on the setup I showed earlier today, on AUDJPY. It's a highly similar setup that Daz took on AUDUSD. Price didn't quite retrace up to the 50% level of M-T, but still a decent pullback in a strong bull move for the week. Clear 1-2-3 ...
3 Bar Fractal Break
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Barraka replied Apr 8, 2020Hi Daz & traders, Recently came across this thread, seems interesting. Here's my take on AUDJPY, setup that is about to take place: image Will see how it pans out.
3 Bar Fractal Break
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Barraka replied Apr 1, 2020Hi Emma, I've reviewed your rules & posts, but I have a few questions as there are some contradictions. I've taken your screenshots and amended them with questions, if you could take the time to go over them that would be great: image image ...
Trade Outside the Box (TOTB)
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Barraka replied Apr 1, 2020Yes I know, that's why I specified that I only used the initial entry rules, unlike you. Although I thought about using pending orders at some point, but for now just stuck with the original rules, at least for that. Would you mind sharing your ...
Trade Outside the Box (TOTB)
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Barraka replied Apr 1, 2020Yeah never mind, I checked his profile and he just spammed this screenshot randomly on different threads. He got insta-removed from Davit's thread with the exact copy-paste message. And those types of posts are completely useless, they bring nothing ...
Trade Outside the Box (TOTB)