with 40 Billion ready to flow into bitcoin as the stimulus comes in. safe to say the sentiment is there for our next bull run towards 65-70k
Followed my NNFX system to a T. 25 February the bull candle crossed my baseline and I took it. I am now using COT and lower TF to make sure my system is in alignment. I like to see a good push in 1H and 4H TF towards the direction my system in indicating. I only added the aforementioned wrinkle to my strategy this week and am seeing some very encouraging...
Entered yesterday following NNFX system. Todays candle crossed back over my baseline in the opposite direction. Takeaways: -Use lower TF or COT Lower TF to see if its in alighnment with the current trend. I knew from the beginning tha Lower Tf and COT didn't agree. It's another filter to add which to lead to less trading and hopefully more trends. I'm still...
It's time for a short on AUDNZD. MY algo is pointing downwords.
Followed my NNFX system. Entered this trade 2 days ago. I exited during the Asian session after setting an alert. USD pairs are really the most unpredictable currency. Most of my losses have the USD in them. Big Banks, News events, anything can happen. Anywho, my baseline saved me a lot of pips on this trade. Takeaways -I just watch USD pairs more than...
Demo: I followed my system on a continuation trade for a short. The next day a bullish engulfing hit me up a little bit lol EURUSD is probably one of worst pairs to trade within the system. It's nice to see how COT said short, my system said short, and the next day said long. My Stoploss was not hit as my exit indicator helped me out. I will need to...
One of my rules is to do my exits once on the daily chart. My other rule is to lose a little as possible. I went short on 2/2/2021 prior to the close of the daily candle in the NY sesssion. My system told to go short and I did. Later on that night while in the Asian session I was testing different aspects of my system I noticed that NZDUSD went well against me...
I've been studying for several months and only as recent December did I truly start down the NNFx path. As of the writing of this Idea I am up 3% this month in my Oanda Demo account. One of the more important things that I like is the RIsk and Money management. I trade all 28 currency pairs. Since I am starting out I will often trade some of the same currency...
I've only been study for a little over a month but I have been backtesting and forward testing some Confirmation indicators with a volume indicator. I have been using Heiken Ashi candles for exit. Please be nice if you see this. It's my goal to build my reputation little by little and have access to possibly asking some questions. Thank you!
OSCAR Oscillator by GenZai HOW TO USE This indicator can be used as an exit indicator when line cross each other. Please don’t hesitate to comment to tell us how you use it. Data used to create the indicator: I’ve created this indicator using the formula given in this PDF given by Jim4x www.forexfactory.com SCRIPT:
ATR Bands by GenZai Script here: HOW TO USE: The Bands help you to position your StopLosses or TrailStops. If you trade using NNFX methodology, you want to position them using the ATR, so this indicator helps you to do so. The upper band is: the close of last candle + (ATR of last candle x ATR multiplier). The lower band is: the close of last...
Looking at a potential short setup on EURUSD D: Type: SHORT Entry: To be determined/tentative (market closed) SL: 1.10706 TP 1: 1.09768 TP 2: 1.08941 (continuation trade TP/target) Invalidation: Close above the baseline or a hard close under 1.10026 (purple marked horizontal line) C1: Valid. Megatrend is red/bearish. C2: Valid. RSX is below midline and LSMA-D...