Nzdusd — The reason I wouldn't have taken those trades is because they were not valid signals. All of the indicators did not match up. So no multiple trades would have been placed. Yes I take trades near pivot points only if a candle has ...

Weekly Trend Trading Method

Scratch — Scratch, you did not get a valid buy signal. Just because the 2ma cross appeared does not mean that it's a valid signal. Please re-read the first page again about valid signals.

Weekly Trend Trading Method

The macd bar should touch the signal line or about to touch it with hardly any space between them at all and the signal line has to be going in the direction of the trend. This is covered on the first page of this thread(aggressive valid signals ...

Weekly Trend Trading Method

Kaaea — Good observation. Whenever you see the conditions that you described, stay away from that pair until there is movement again. You wouldn't have known that the market was going to be choppy after those signals, but if you pay attention ...

Weekly Trend Trading Method

The answers — Ok the answer is none of the signals are valid signals. Why not? Eurusd - Too much space between the macd bar and signal line. Usdcad - The macd bar is above the signal line and the rsi is on the 50 line. Audusd - Too much space ...

Weekly Trend Trading Method

Hmmmmmmm — Look at these daily charts. These are the most recent signals. Do we have any valid signals? If so, why? If not, why not? image image image image image image

Weekly Trend Trading Method

You're welcome.

Weekly Trend Trading Method

Good observation.

Weekly Trend Trading Method

Kaaea — Here's the nzdusd chart that you posted earlier. Now that I'm home, I'm able to see the big picture. I placed two red lines on the chart. The second red line is the signal that you had a question about. Look between the two red lines ...

Weekly Trend Trading Method

Wowwww!!!!!!!!! — I like it. I'll give it a try. Thanks and welcome to this thread.

Weekly Trend Trading Method

I would not take this trade because there is a support level just below that candle. Also looking at the previous candles, I saw a couple of 2ma cross signals, price really didn't move, and price was still above that support level. With all of those ...

Weekly Trend Trading Method

The sunday candle, for ibfx, is an extension of the previous friday candle. Also the new weekly candle starts after the sunday candle closes. Besides, the sunday candle contains only two hours of price action. So I waited for the sunday candle to ...

Weekly Trend Trading Method

It depends on how close price is to an s&r level. Could you post an example for me.

Weekly Trend Trading Method

Hey Scratch. Because price went against you initially does not mean that it is a failed trade. Be patient and wait to see what happens. Price is not going to always go your way at the beginning, but eventually it'll get there. If it goes too much ...

Weekly Trend Trading Method

Usdjpy update — My sell stop has not been triggered yet. I placed my sell stop at the close of the sunday candle at .89.67. I'm still waiting.

Weekly Trend Trading Method

What time frame? Can you post a chart for all to see? Sounds good and simple though.

FX Trend Tracer

Yes I did take the initial short signal(red line on daily) for 107 pips because price was headed south towards the lower trend line of the channel on the daily chart. My target was just above the lower trend line. Although price continued to fall ...

Weekly Trend Trading Method

Perfect answer — I couldn't have said it better myself! The answer to your question is that sometimes price will retrace after a valid signal is given. Although usdjpy and gbpjpy gave valid short signals, price went north on the next candle ...

Weekly Trend Trading Method

Did you call ibfx about the problem?

Weekly Trend Trading Method

If the set up occurs on the same candle or if the 2ma appears first and then the 15 slope is different from the 30 slope with the rsi and macd set up on the next candle, then drop down to the 4hr chart and enter at the high of the last 4hr candle of ...

Weekly Trend Trading Method