Re: Simple Trading System

134
firesword wrote: Thu Sep 11, 2025 11:34 am I don't know if any of you have trades on CADJPY and AUDUSD but they are definitely in no hurry , especially CADJPY.
It's been in a 30 pip range since yesterday. Accumulating to go one way or the other.
I guess EUR and US news today will have to do something with that.
AUDUSD is trending, not a great candidate for this system. I see the initial target of 0.66 was not hit, then the next target down was also missed, then it hits the initial target of 0.66 and now it is trending to the latest target of 0.67, after broken 0.66, then tested as resistance and going up. I don't see clear sign to be rejected significantly below 0.6722.

CADJPY is at equilibrium at the moment and it will go to 106.85 up, or 106.04, and then 105.81 down. Much better candidate for this system recently but be aware of the current consolidation that may switch soon to a trend.

Personally, I will avoid both at this time.

Re: Simple Trading System

135
AGG2024 wrote: Fri Sep 12, 2025 9:13 am AUDUSD is trending, not a great candidate for this system. I see the initial target of 0.66 was not hit, then the next target down was also missed, then it hits the initial target of 0.66 and now it is trending to the latest target of 0.67, after broken 0.66, then tested as resistance and going up. I don't see clear sign to be rejected significantly below 0.6722.

CADJPY is at equilibrium at the moment and it will go to 106.85 up, or 106.04, and then 105.81 down. Much better candidate for this system recently but be aware of the current consolidation that may switch soon to a trend.

Personally, I will avoid both at this time.
Yes, I closed both CADJPY and AUDUSD before the news.
+42 pips on CADJPY
+12 pips on AUDUSD
I left AUDCHF running hoping that the news wouldn't affect it. Wrong move. Lost 19 pips.
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BeatlemaniaSA


Re: Simple Trading System

136
firesword wrote: Fri Sep 12, 2025 4:03 pm Yes, I closed both CADJPY and AUDUSD before the news.
+42 pips on CADJPY
+12 pips on AUDUSD
I left AUDCHF running, hoping that the news wouldn't affect it. Wrong move. Lost 19 pips.
It pushed up as there was/is a strong H4 supply zone at 0.53050 :) Good trades overall, and a positive day despite the loss. ;) :thumbup:
These users thanked the author BeatlemaniaSA for the post:
firesword
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Re: Simple Trading System

138
Cagliostro wrote: Fri Sep 12, 2025 7:51 pm I know this is not a place for M5 Charts, just wanted to share that the trick works on any TF :)
And it can easily be added to any system.


image_2025-09-12_114931079.png
I have the latest version for momentum but I am still not seeing those arrows despite it being set to true 🧐