This weekly setup is working out nicely. Little bit of a drawdown this week but I opened on Monday morning. Last week this basket had a DD of 500 pips witha 4000 pip max gain. Starting to look like my weekly TE may be the first one to gain 100% at ...

CCFp weekly signals (set and forget basket trading)

That TE is an experiment at the moment. In the original TE I'm taking 4/4 setups or strong 3/4 setups so the "by the book" trades. The Manual Divergence TE is going to be less than perfect setups with stoch divergence as top priority with a minimum ...

Simple Low Risk Price Action Trading w/ TE Results

I'm actually working on a reversal basket as we speak. I had a basket that just always ran terrible and I have yet to create a reverse basket so we'll see how it does. I don't really like the idea of a reverse basket but if it works it works. Most ...

(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO

Thanks for the input. If that works for you then use it. To me it seems like a bit of an over analysis. You can essentially figure out everything from that website by simply looking at the charts and seeing which currencies are weaker or stronger ...

Simple Low Risk Price Action Trading w/ TE Results

3 monitors. Main screen is a 28 inch 4k with 15 pairs on the 1H chart, then I have the 15 minute charts on the two other monitors.

Simple Low Risk Price Action Trading w/ TE Results

Not a whole lot to choose from at the moment but here are my top picks from this morning so far. Most of the market is quite choppy from FOMC still so just be patient on great setups, I wouldn't try to cut corners today. I wasn't awake for any of ...

Simple Low Risk Price Action Trading w/ TE Results

I'm looking at that too, check the 15 minute chart for a good entry. However the 15 minute chart is showing some bullish divergence. Be a little cautious right now because the market is still recovering from the FOMC moves so these pullbacks may ...

Simple Low Risk Price Action Trading w/ TE Results

So with that divergence I would absolutely consider that trade. Remember you don't have to have 4/4 signals for a valid trade. That would be under the category of a strong 3/4. However the SL would have to be under the middle bollinger band because ...

Simple Low Risk Price Action Trading w/ TE Results

So forex.com uses Gain Capital as a liquidity provider and I've noticed from using thinkorswim which is also Gain Capital that there can sometimes be a big lag compared to other STP brokers. Both of those brokers are Market Makers so they are ...

Simple Low Risk Price Action Trading w/ TE Results

Well first, you did spot a good opportunity. Unfortunately you didn't check the most important news all week. FOMC will have an effect on all pairs. We've been discussing that you shouldn't have positions open during or around FOMC.

Simple Low Risk Price Action Trading w/ TE Results

Only thing I can think of is that it's a broker feed problem. What broker are you using? Post a screenshot and I'll compare it.

Simple Low Risk Price Action Trading w/ TE Results

Exactly what I thought! I figured the weekly basket would do well during the FOMC news. Gained about 1000 pips and counting.

CCFp weekly signals (set and forget basket trading)

Most red news I want to be out of the market if the pair is affected by the news. In this case I haven't traded four a couple hours and don't plan on trading until some setups form from the FOMC results. So I didn't even take the second GBP/USD ...

Simple Low Risk Price Action Trading w/ TE Results

I was just referring to the entry. I understand if you missed a better entry, I do that all the time lol. Don't adjust the TP because you have structure there and it's probably already hit that. A 1:1 is fine with a great setup like that I was just ...

Simple Low Risk Price Action Trading w/ TE Results

Looks like you're about to hit TP if you haven't already. Make sure not to enter too late because you had a really good risk/reward set up and your entry turned it into a 1:1 instead of something like a 1:3. Just two posts above I mentioned this ...

Simple Low Risk Price Action Trading w/ TE Results

Yeah the EMA would be most important to check, not to say that it completely rules out a viable trade if it's on the wrong side of the EMA but say the price is on the wrong side of the EMA and the wrong side of the stoch for your trade, then I would ...

Simple Low Risk Price Action Trading w/ TE Results

We've crossed back over from the nether. Maybe a good sign for FOMC. Drawdown was worse for this basket this week than last week with a 500 pip max DD and a 4200 pip max gain. Did not run a Strength basket this week because it had horrible results. ...

CCFp weekly signals (set and forget basket trading)

Spotted a nice trade here on the GBP/USD 1 Hour chart. Great move earlier from the news and was looking for a continuation. Saw 4/4 signals with very low risk and took it. It could certainly keep going but for now the 15 minute chart looks like it's ...

Simple Low Risk Price Action Trading w/ TE Results

Wednesday has proven to be the weakest link for strength H4 week over week due to the GBP news typically on wednesday. Maybe run it reverse next week, mine got hit as well. FXM EQB is having a hay day though.

(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO

I made a goof on the CHF/JPY and took a short position when I realized the PSAR was above the 100 EMA. Being a US trader I seem to wake up after a lot of the good stuff happens unfortunately so sometimes I have to take less than perfect setups. ...

Simple Low Risk Price Action Trading w/ TE Results