AUDJPY shows today clear rejection @ 82.50 which was previously a resistance line. I will look for opportunity to buy by the close of the trading day

Daily Charts

As I speak, USDCAD closed at almost breakeven from my open @ 1.0185. I have closed the position @ 1.0187

Daily Charts

I want to stress that I am trying to keep my trades as simple as possible. I have abandoned all those fancy technical indicators, and I am only using support & resistance lines, trend lines & candlestick patterns to make my trading decisions

Daily Charts

I just have placed a pending buy order @ 1.0185 for USDCAD. For me, the bullish pin bar is a strong bullish reversal signal when it is formed at support lines. I have left the target unspecified and will close at the end of the next trading day - if ...

Daily Charts

After a long fall from 1.0679 to 1.006, USDCAD has finally found a significant support line. I will wait till just before the end of the day and see if the bullish pin bar holds. If it does, then I will place a pending buy order just above the high ...

Daily Charts

As I expected, the pair has hit the minor resistance line. I know it could resume the rise but I often do not hold more than one trading day. I closed @ 1.0619 with 56 pips profit

Daily Charts

I think the pair will hit 1.0616 which is the next minor resistance line to meet. The stop loss was placed @ 1.05 just 7 pips below the major support line but no target was specified. I will see what happens next

Daily Charts

I don't use any indicator..just use Support & Resistance lines & Trend lines and those can be very subjective from one trader to another. I threw indicators away long time ago...no more noise

1-2-3-Go System (No Indicators)

The target is simply the close price at the end of the trading day. I use it for all pairs. The stop loss is something I forgot to mention: It is the open of the signal candle Regards

1-2-3-Go System (No Indicators)

The daily

1-2-3-Go System (No Indicators)

EURJPY — Hello Mouteki Can you tell me which of the following trends (A or B) you would consider for this chart of EURJPY? Thank you

Mouteki Trading

Thank you Mouteki for such a brilliant strategy. It is rare to find startegies that do not rely on indicators which can create alot of noise and confusion. I will test it then hopefully use it on live account. Thank you again

Mouteki Trading

Phillip, Can you apply your strategy to daily instead of 5 min charts?

5Min Intraday System

Dear PeterM, Can we say that the following signal for GBPJPY is a correct sell signal as per your criteria but it failed?

Simple 5 / 8 moving average crossover