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Thread: Simple trading thread

  1. #1

    Simple trading thread

    This trading system-based on 200 SMAs in weekly, Daily and 4H Charts using a small blend of stochastic oscillator. Rest utilizing numerous and framework PA resources channels, like trend line, S/R ranges. As PA is the fundamental instrument employed for decision-making lot of discretion has been used.

  2. #2
    1 Attachment(s) Trade entered in EUR GBP

  3. #3
    It's great to see my home land specialist.

    Can you please also mention the causes of your expectation? As a beginner trader, it seems if you ask me like steady that is bullish flag.


  4. #4
    1 Attachment(s) [quote=Ameliapl;9876602]It's great to see my home land specialist. Is it possible to please mention the causes of your expectation? As a beginner trader, it seems if you ask me like steady that is bullish flag. Aaz[/q
    Its just nothing, except the rejection from 200 SMA in Daily chart seen in lower TFs. Moreover throughout the formation of the bull flag, it got declined 3 times and every time the prior most of of the flag development was violated which signifies to me all traders that were earlier in the day were flushed out.
    now Andre1 is below daily 200 SMA but above weekly and 4-H 200 SMA, which indicates in the second trned appears baffled. this trade was drawn in two components. Component one was strike for by profit goal and goal in position and SL is to BE. Now this risk trade that is free.
    and I 'm looking for next trade

  5. #5
    It will depend upon how somebody methods and makes his own notion about market. It appears to me that you're interested in breakout patterns and Andre1 patterns.

  6. #6
    1 Attachment(s) My Opinion about GBPCHF
    Its just my view, market can just defy any logic,any instances irrespective of the quality. So to me the only choice that is surviving would be to place SL and allow it be hit once put.

  7. #7
    1 Attachment(s) This to my viewpoint appears Short trade as EU appears banging from the down trend line, I 'll wait and see and then will consider only short trade if feasible in the following day to come

  8. #8
    1 Attachment(s) Waiting for trade to setup correctly
    will consider long position

  9. #9
    1 Attachment(s) considering GBP JPY long position as it appears above the short term trend line , and it has completed 38% r e tracement of current trend. Just my viewpoint please

  10. #10
    1 Attachment(s) Still considering short on EUR GBP, appears very promising due to recurring failures a T sam-e ranges

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