EurJpy

Took this trade about 2 days now. Watching...hopefully it will play out well

Quoting Ross88
{quote} nice to see you back posting mate
Thanks folk! I hope you are well?

2nd Entry taken yesterday

...the positions are still on...I took trade from the perspective of a position trader, so my positions may run for days to get filled
EurJpy: Update

First profit hit after about 1+ days

Eurpjy...4 hour zoomed
Update:
1st profit taken and 2nd position set to breakeven.
GbpJpy:
...other of my trading activity. I have little more commitments recently...but trading continues by God's grace.
Attached Image
GbpUsd

Nice trades!
GbpJpy
My thoughts...

Profit targets are the green rectangles below...price can also pull back to long term resistance level, the brown thick horizontal line before heading south...
4 HOUR Time frame Anticipation:

From analysis above, with respect to the charts, we are in a strong down trend for GbpJpy currency pair.

So having established the bigger or overall or long term bias of the market (done on the daily, weekly or monthly time frame), we now focus only on looking for signals
that are in confluence with this biasand according to this strategy, such signals as TC, bull-backs (to breakout levels or moving averages, or support and resistance
lines), sHs, etc are commonly the high probability setups. And once they show up in line with the bigger pictures I take trades if I am comfortable with the stops
levels....I hope this makes sense.

Happy trading all!

Thanks and God bless

Marketh Rhythm

Just a past event...a trade I spotted about 2 weeks ago.

See charts and results below...this trade was purely on market rhythm, in such scenarios the macd makes no sense to me...and that is the update that Phillip
recommended for all trades, one should be able to know the rhythm of the market by price action and as well take some good trades without waiting for macd
confirmation...
result of trade above
Once you build up your trading statistics over time, you then know what your higher probability signals are and that is your key to making pips. Your trading statistics
reveals each trad-able signals success percentage and failure percentage...
Trade taken on 1st December 2017

Update on result of trade

Another entry on 4th December, 2017...trade is still running...

Market rhythm and statistics are very powerful tool to trading success.

Happy trading
Naustingfx.
Bigger picture.
Happy trading.
UPDATE: Today; 6th December,2017
Right: From the rules we know that once price is locked in between the 89sma and the 200sma, price tends to range between the two moving averages. Based on
Phillip's system we trade off the two moving averages...but I do like to have more details from higher time frame when I am trading...so see my weekly chart below.
You will see that very strong horizontal line serving as strong resistance for price...when you add that to the 4hr info the probability for price to at least get to the
weekly 21ema is very high, so I will look for nice short signals heading to the south, and will take profit at weekly 21ema...presently we have about 121pips to get
there...please take not of the 4hr chart below as well for take profits due to that trendline there.

Happy trading.
You see what is currently happening...I just decided to send you this update. Trading is dynamic. And trading within the rules will save you from crashing. In some cases
you will see price proceed straight to the weekly 21ema as I have given my analysis is previous post, but some times it may not happen just that easy or fast...but
whichever way, we can be safe by just trading what we see and in agreement with the rules...

The first chart is the 4hr which shows how price is reacting to the Fibonacci level 61.8...and moved north.
The second chart is the daily chart, in that chart price can also retest that thick resistance trend line...it may as well test the 38.2 forming sHs setup with the tails on the
other side and finally proceed to south....So you can see that in as much as we have the bigger or overall picture of what can happen as explained in the previous post,
there are some other things that can happen within the process. SO just know the rules and be patient. Only act at the right time.
 AUD/USD TRADE: 10TH JAN, 2018 @ 8:00 Candle close

4hr and 1hr chart.

I have actually made a lot of trades this year without losses...I initially wanted to post them here last week but was really busy...so I am posting this one of today, and
may post the rest later on.

God bless Phillip in Jesus name.

 GBP/JPY TRADE

8TH JAN,2018 @ 8:00 Candle close

This was a cool three days journey....take profit at the green box...price went nicely there after 3 days.
 See daily, 4hr and 1hr charts below.

As usually trade was spotted nicely with my 1hr early entry trading technique.

Thanks.
Update on trade posted above - GBP/JPY TRADE

Stoploss = just 39 dollars

Take profit = 265 dollars

 For me, this is very interesting!

Just like the AUD/USD

Stoploss = just 100 dollars

Take profit = 490 dollars to that tail

I wish you all a successful trading year!

God bless.
 
 
Quoting naustingfx
Update on trade posted above - GBP/JPY TRADE Stoploss = just 39 dollars Take profit = 265 dollars For me, this is very interesting! Just like the AUD/USD
Stoploss = just 100 dollars Take profit = 490 dollars to that tail I wish you all a successful trading year! God bless.
Final Update

AUD/USD

Stoploss = 100 dollars

Take profit = 601 dollars

I am very happy I allowed my position to run as I explained in the Aud/Usd posts above...now it has finally paid out.
What is interesting for me is that, even if you can not catch good trades often, once you know what you are doing, only one or two good trades or signals in a month
can give you good dollars to keep up with.

May God bless and protect Phillip Nel in Jesus name.

Success to everyone!
EUR/JPY (Thursday and Friday) 25th - 26th January, 2018

Market Rhythm is the key!

Happy trading to all...

 4 Hour

I took this trade on other trading account with another broker...it was a nice opportunity and I was there when everything was set...so I am posting different charts
here...the other charts are naked, that is, no moving averages, etc...
Of course I closed some of my positions some pips before first take profit level...and I remembered it was Friday and do not want to leave my
positions over the weekend for these trade so I actually closed all my positions even before price reversed aggresively to the north forming that
long tail there-see my chart.

I actually took a lot of trades last week and since this month of January...very nice trade, I cannot post all of them as I have a lot of tasks on my
table since the month.

I wish you all happy new year once again, and happy trading.
Please let us keep praying for Phillip, the founder of this thread....may God keep him in good health always and bless him abundantly in Jesus
name.
 
 
Quoting naustingfx
{quote} This is exactly what Phillip said in page 1, the latest update on red there...These days, the volatility is very high and that is the only challenge with this
system in the sense that if you follow the old style, which is to wait for a close of the 4hr candle and macd confirmation to take a trade you will not have much
signals to trade in weeks, and some signals will demand for very big stoploss before you can take them...and that is why Phillip discouraged only focusing on
4hrs...instead that one should narrow down analysis to smaller time...
This is what I mean. See chart below. I have seen the rules from the 4hr and has entered even from the 15m. As at this time, I am in profit of +7pips with a small
stoploss
You see it..stoplss adjusted to 11pips and I am 30pips profit..hope this helps.
Thanks
Market Rhythm is the key!

I closed the month of May with nice profits. See my chart below, EURCAD pair, a trade that I took on the 31st of May.

For the NEW ONES:

Just to encourage the new ones to be focused on Market Rhythm. And please when starting off trading for the first time go demo account first or if you have to use your
live account to test run this strategy, use a very small risk such that if you have consistent losses it will not hurt you.
UPDATE
TRADE/POSITION MANAGEMENT
Once the trade moved in my favour, I moved my stoploss to a very small value...then I took an initial profit assuming things or price begin to turn against me, then I
will not go empty handed...I left my second position to get to set profit target. And that is how I ended the month of May.

See chart below.

Thanks
Happy new month...blessing.
GBPJPY TRADE: 18th to 19th June, 2018

Market Rhythm is the key!

Result of trade

My profits were well filled...the next day it all happened.

I hope someone will find good use of this information that is why I posted
Thanks
GBPJPY TRADE: 26TH OF JUNE, 2018.

I have been on this trade for 3 days now. I missed my take profit with just few pips. But I will close the trade shortly as we are heading for weekend and I do not want
to leave trade till next week. My entries are those two red arrows in my chart...

Happy trading to all.

EUR/JPY TRADE: 11th and 12 th July, 2018
It was a late entry trade, but I took it because the market had a strong potential for an up move. It took about 24hrs for my take profit to be reached.
But the setup worth the patience. See chart below for details on entry and final result of trade...I actually took the trade with my tablet/device as my
laptop was not set at that moment. The entry is that short blue vertical line pointing at that strong 4hr bullish candle moving away from the 21ema.
Take profit was at that thin horizontal blue line.

Happy trading to all.

naustingfx.
 
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See chart for trade above
 TRADE: 2nd January, 2019

NZD/USD TRADE: 12:00 Candle

The Flash Crash Trade

This happened in the date mentioned above, it as well took place in the EurJpy pair which I spotted in December 2018, I was waiting for them patiently
and I got involved in both, but I closed the EurJpy very early, then I focused on Nzd/Usd pair. See chart below

Note that I trade purely market rhythm based on Phillip Nels system, and as we all know, there are a lot of strategies within Phillip Nels 4hr macd
system; Personally I call his system: "Integrated forex trading system", so one can always go through the whole system and choose from the any of
the systems within his systems that is more convenient for you to trade, and gradually you can add up some more.

Thanks
 TRADE: 24th January, 2019

EUR/JPY TRADE: 08:00 Candle

 TODAY

TODAY'S TRADE: 8th February, 2019

EUR/JPY TRADE: 08:00 Candle

 
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EUR/JPY TRADE: 12:00 Candle Open trade
EUR/JPY TRADE: 12:00 Candle Open trade

I took 3 positions on this trade; I have closed 2 positions on partial profits successfully, I have now set stoploss to break even as I am leaving for an appointment now; I
will allow it to run; hope it make it
 EurJpy trade Now: 8:00 candle trade

I entered late, but the move is strong;

Update: I set trade to breakeven as I had to leave to do other things;
See chart below
Update on the EurJpy trade as posted above; I just logged into my computer now, and I am currently trailing my profits now; and planning as well on taking partial
profit

See charts below