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Chart Set Up and US Majors Levels.

Few people have read some of my posts about my strat asked me for a example of how I set up my charts.

Here is a example for today.

I also attached the S/R levels for the US majors I send daily to my subscribers
You must be registered for see images attach
and a explination how we trade these levels.
 

Attachments

Current results - trading only the confirmed breaks with no runner trades.

EURJPY broke R1. Enter on retrace to R1 and TP on R2 = +30
Break R2 enter on retrace to R2 TP R3 = + 60
Break R3 enter on rtrace to R3 TP R4 - Still running at +50
Confirmed and banked 90 pips on EJ.

EURUSD - Broke all Rs on one cande, following the rules to the letter no trades on this pair.

GBPUSD - Broke over strong zone, first Tp R1 + 20 pips.
Never retrace enough to give good R/R ratio for any other trades.
Total +20

NZDUSD - broke over strong area, first TP R1 + 20
broke R1 2nd TP R2 + 10
broke R2 SL hit - 20
Total +10

USDJPY - Broke R1, trade still running at about even
Total 0

AUDUSD - broke under strong zone, SL hit -20
broke r2 tp r3 + 20
broke r3 tp r4 - close to hitting tp for +20
Total closed 0 - +20 running.

USDCHF - broke over strong zone sl hit - 10
broke under s1 - tp + 10
broke under s3 tp hit +20
total +20

USDCAD Levels was tight together and hardly worth trading.
Came out +5 pips I think, was very erratic day on CAD.

Gross total +150

If runner trades were taken most trades would still be running with a total of over +500 pips.
 

Unclepip

Member
Few people have read some of my posts about my strat asked me for a example of how I set up my charts.

Here is a example for today.

I also attached the S/R levels for the US majors I send daily to my subscribers
You must be registered for see images attach
and a explination how we trade these levels.
Hi,

Do you have to manually generate those lines?

Best,
Unclepip
 
The lines are drawn in manually, yes.
That is the most work you have to do all day trading this system :)

I am not sure what more info you need on how these are traded stan, its a very simple way of trading. There is not much more to it in terms of explaining.

If you have any specific questions please ask.
 
The lines are drawn in manually, yes.
That is the most work you have to do all day trading this system :)

I am not sure what more info you need on how these are traded stan, its a very simple way of trading. There is not much more to it in terms of explaining.

If you have any specific questions please ask.
 
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