CXJV
Long

USD/JPY GOLDEN 4H SIMPLE STRATEGY/ VERY ACCURATE

FX:USDJPY   US-Dollar / Japanischer Yen
Along side my trend channels and range trading, I like to use this set up for some extra pips and when back tested works very well over most months (Will probably move to only this strategy when I can guarantee consolidation is not taking place) It cuts all emotions out of trading when I use it with the right money management.

Everyone should know that moving averages will indicate direction of price and wether you should be buying or selling with the trend.

Gold             stars indicate correct setup. Arrows are entry. Red line is SL movement.

STRATEGY: SMA CROSS & BOUNCE
TIMEFRAME: 4H (Will give traders time to enjoy their life and trades can be made simply from mobiles on the go)
CHARTS: USD/JPY             GBP/JPY             (Works the best because of high volatility )

INDICATORS: MA (50/200) BB (20)

RULES: BUY ENTRY
1. BB (MA20) must be above MA (50)
2. Price must cross above both BB (MA20) & MA (50)
3. Price must test BB (MA20) as support while above MA (50)
4. Bullish conformation candle from support
5. Buy/Long Entry is made.

RULES: SELL ENTRY
1. BB (MA20) must be below MA (50)
2. Price must cross below both BB (MA20) & MA (50)
3. Price must test BB (MA20) as resistance while below MA (50)
4. Bearish conformation candle from resistance
5. Sell/Short Entry is made

RULES: SL AND HOW TO PLAY IT
1. SL Placed at bottom/top wick of conformation candle depending on buy/sell
2. Allow price to move in trade direction
3. When price retests MA(20) SL is moved to top/bottom wick of candle
4. repeat until price no longer stays above/below MA(20) and hits SL.

I have given 2 previous example of how this strategy works in the past few weeks, I hope you all enjoy it and would love some feedback and some helpful information to combat consolidation periods.

Current signal for Long order highlighted.

Please use strategy with your own judgement.
Kommentar: I will also loosely trade this strategy is BB (MA20) is just about to cross MA (50) and the setup appears
Excellent and followed this in cadjpy chart...profitable trade...cheers.
Antworten
CXJV piptamil
Glad you enjoyed it, what trade have you made on CADJPY? Just tried looking for that setup.
USD/JPY is currently working with this strategy (might be worth making a long order as price is only 5 points from my strategy entry) and US data should push it well today
Antworten
Yes tried looking for this setup as experiment...profitable...
Antworten
Yes USDJPY ma20 and ma50 kissing in 102.300 :))...Lets wait.
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden