Saturday, 14 June 2014
Sunday, 18 May 2014
Saturday, 17 May 2014
Sunday, 11 May 2014
EURNZD - H4 [17-01-2014]
NZDJPY - H4 [17-01-2014]
NZDCHF - H4 [17-01-2014]
GBPNZD - H4 [17-01-2014]
Last trade of 17 January 2014.
5 trades about same time, 4 losses, and 1 break event.
Lesson: this is a trend following strategy, most of the time. if one of the trend ended, other pair will have reversal too.
DO NOT Take multiple trade unless the other has set to break even.
ESPECIALLY ON FRIDAY!!!!!!!!!
GBPNZD- H4 [17-01-2014]
Reason: H4 pin bar on reversal, D1 on pin bar, D1 and H4 on downtrend
Cons: first bounce on H4, and no confluence.
GBPNZD - H4
GBPNZD-D1
5 trades about same time, 4 losses, and 1 break event.
Lesson: this is a trend following strategy, most of the time. if one of the trend ended, other pair will have reversal too.
DO NOT Take multiple trade unless the other has set to break even.
ESPECIALLY ON FRIDAY!!!!!!!!!
GBPNZD- H4 [17-01-2014]
Reason: H4 pin bar on reversal, D1 on pin bar, D1 and H4 on downtrend
Cons: first bounce on H4, and no confluence.
GBPNZD - H4
GBPNZD-D1
USDCAD-H4 [17-01-2014]
Wednesday, 12 March 2014
AUDNZD - H4 [16-01-2014]
AUDNZD- H4 [16-01-2014]
Reason: 2 pin bar on reversal, D1 on pin bar
Cons: D1 and H4 on downtrend
Lesson : After passing more than 10 pips on D1, the pin bar is invalid.
After a few losses, it is good to take a break
Normally market condition is not suitable for the strategy and it is better to take a few days break
AUDNZD - H4
AUDNZD-D1
Reason: 2 pin bar on reversal, D1 on pin bar
Cons: D1 and H4 on downtrend
Lesson : After passing more than 10 pips on D1, the pin bar is invalid.
After a few losses, it is good to take a break
Normally market condition is not suitable for the strategy and it is better to take a few days break
AUDNZD - H4
AUDNZD-D1
EURGBP - H4 [14-01-2014]
GBPUSD - H4 [14-01-2014]
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