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90-100 score setups ( with BB+CS strategy)

Home Forums General 90-100 score setups ( with BB+CS strategy)

This topic contains 2,126 replies, has 67 voices, and was last updated by  moaied suhail 3 hours, 43 minutes ago.

Viewing 20 posts - 1,901 through 1,920 (of 2,127 total)
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  • #122936

    Shalewa A
    Participant
    • Topics: 0
    • Replies: 48

    Hey guys,

    I remember this was pair was mentioned on this thread a few weeks ago, just wondered if anyone got in after the trendline was breached.

    Goodluck!

    AUDNZD https://charts.mql5.com/13/721/audnzd-d1-atc-brokers-2.png

    #122964

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    Hi Shalewa,

    No I’m not.Did you take it ?

    #122965

    Shalewa A
    Participant
    • Topics: 0
    • Replies: 48

    Hi Ben,

    No, I didn’t. Just got back to checking charts today.

    #122966

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    Well Mo,it seems USDJPY is break lower band with body,which can be the beginning of Bearish movement,if we look at the BB Squeeze .

    #123137

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    USDJPY

    to be honest I did not seen any setups this days. We need to wait strong setups for entering on the market. We should not trade without or based on a weak setup.
    There is no setup here to, but we need to be here prepare,for the below reasons.

    The uptrend in this currency pair is started with Bullish candlestick by 2016.11.09 which is break Bollinger band squeeze .After almost two months the price is finally break lower band, and the market is enter in consolidation.
    Last closed candlestick is closed as doji, and the market is undecided. But when we look at the candlestick closed
    2017.01.12. we can see lower shadow.
    https://charts.mql5.com/13/752/usdjpy-d1-fxpro-financial-services.png

    This lower shadow is because of middle band on monthly time frame.
    https://charts.mql5.com/13/752/usdjpy-mn1-fxpro-financial-services.png

    It seems the middle band on monthly time frame is strong obstacle for Bears.If this is a case, than the price will finish Cup & Handle pattern on monthly time frame, and we should wait Bullish confirmation for long position.

    #123138

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    EURUSD

    this is one very tricky market this days.
    The broken support line on weekly, is failed to work as a resistance line and it is broken again.This line is not valid any more and the I will remove her from my chart
    https://charts.mql5.com/13/752/eurusd-w1-fxpro-financial-services.png

    What we have on daily chart is valid support line which is not broken yet.The bulls are failed to break above resistance level at 1.06674.We must wait to see next market movement .
    https://charts.mql5.com/13/752/eurusd-d1-fxpro-financial-services.png

    #123141

    B H
    Participant
    • Topics: 0
    • Replies: 144

    Ben, nice to see you back in action! Keep up the good work. I haven’t seen any 90+ score setup since the new year.. market is ranging too much.

    #123143

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    Hey Barry,

    I am here, but as you, I have not seen any setup worth mentioning this days.
    And in that condition it is better to do nothing

    #123176

    Boniface Akhuiwu
    Participant
    • Topics: 1
    • Replies: 111

    Hey guys,

    I remember this was pair was mentioned on this thread a few weeks ago, just wondered if anyone got in after the trendline was breached.

    Goodluck!

    AUDNZD https://charts.mql5.com/13/721/audnzd-d1-atc-brokers-2.png

    I have been in when the descending resistance was broken. Also Stochastic was already on overbought region. That added to my confidence.

    Attachments:
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    #123178

    Boniface Akhuiwu
    Participant
    • Topics: 1
    • Replies: 111

    Stochastic trading is one the great indicators I have found that works almost excellently, when oversold and overbought. Am monitoring the USDCAD long trade. Price refused to break the nearby support while Stochastic is oversold. It means that if any bullish candle shows up around the area I will jump in. Or if possible use a buy stop order to get in. It’s currently leaving oversold region.

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    #123203

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    Good work Boniface.It is great indicator for support/resistance breakout

    #123204

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    NZDJPY

    we have resistance level on Weekly Time Frame,and it seems like valid to me.
    Bollinger band lines are far apart and all lines pointing up,and it seems that Bulls are taken the control.Last three closed Bearish candlesticks are closed in the range of Bearish candlestick.
    https://charts.mql5.com/13/758/nzdjpy-w1-fxpro-financial-services.png

    Monthly Time Frame, it seems the market is losing its liquidity,because Bollinger band lines are pointed in it is.Good things for Bulls is Bollinger Middle Band,because strong Bullish candlestick is closed above this moving average
    https://charts.mql5.com/13/758/nzdjpy-mn1-fxpro-financial-services.png

    But what we have on Daily Time Frame is Bollinger Band Squeeze,and we know that in most cases first squeeze is trend continuation setup.So we can go long when Bulls break through squeeze resistance,respectively Upper Bolinger Line.
    https://charts.mql5.com/13/758/nzdjpy-d1-fxpro-financial-services.png

    #123205

    Joe Powers
    Participant
    • Topics: 1
    • Replies: 74

    Well I just got a news alert that Britain will pursue a “hard Brexit” and the pound dropped below $1.20. This just happened so expect a large gap down when the markets open.

    #123237

    Joe Powers
    Participant
    • Topics: 1
    • Replies: 74

    Well I just got a news alert that Britain will pursue a “hard Brexit” and the pound dropped below $1.20. This just happened so expect a large gap down when the markets open.

    Sorry that was a pure frustration post! :\

    I cooled off a bit. How dare the markets do that to me??? Haha.

    Ben I reviewed your analysis for NZDJPY and I like it, thank you for the diligent analysis as always. 🙂

    #123240

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    Hey Joe,

    you are welcome 🙂
    Don’t forget,market is always right

    #123241

    Joe Powers
    Participant
    • Topics: 1
    • Replies: 74

    Ben,

    “The market is always right” so true that is, but my frustration emerged from the fact that retail trading isn’t available on the weekend, and so the setup may potentially be missed.

    So I just sought out this article.

    “Coping with Frustration in Forex Trading”

    Coping with Frustration in Forex Trading

    🙂

    #123242

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    Joe,

    it is great article,and really Forex sometimes can cause strong emotions.
    Yes we can’t trade on weekends,but this can be for us great advantage,because sometimes the candlestick can be opened contrary of our setup, which allows us to enter with better price.

    #123243

    Boniface Akhuiwu
    Participant
    • Topics: 1
    • Replies: 111

    Ben and everyone here are doing great analyses. Ben as you pointed out NZDJPY is trapped below a broken support 81.586 of 3rd February 2014, now acting as resistance. Ben you would observe that the monthly, November angrily closed above the middle band. I see further bullish bias.

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    #123294

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    Thank you Boniface.I also expect Bullish movement on this pair,but we must wait for strong setup to enter the market

    #123296

    Ben Aqiba
    Participant
    • Topics: 2
    • Replies: 1216

    USDCAD

    As I said in one of my previous posts about this pair, it is around monthly middle band which is for now prevent all Bearish attack in last couple of months. We can see now also strong reaction on monthly middle band
    https://charts.mql5.com/13/771/usdcad-mn1-fxpro-financial-services.png

    Now we know the reason for Bearish candlestick with big lower shadow above red arrow, and Bullish confirmation in today’s candlestick
    https://charts.mql5.com/13/771/usdcad-d1-fxpro-financial-services.png

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