Australian (ASX) Stock Market Forum

Hello World! I <3 Forex

Joined
13 October 2015
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Hey everyone!

I signed up to AussieStock a while ago but have just recently been reading posts.

I have been trading FX for 5 years now and feel I am damn good at what I do.

Over the years I have been searching for Australian FX traders but it never crossed my mind to come here ... the most obvious place to find fello aussies!!


A small tip for anyone who is trying to venture into Forex. Add to winners to unlock exponential gainz! :D


Is there many people here who are trading FX? Winning FX? I would love to share my knowledge and trade setups!

Thanks, Chuck.Aus
 
Hey everyone!

I signed up to AussieStock a while ago but have just recently been reading posts.

I have been trading FX for 5 years now and feel I am damn good at what I do.

Over the years I have been searching for Australian FX traders but it never crossed my mind to come here ... the most obvious place to find fello aussies!!


A small tip for anyone who is trying to venture into Forex. Add to winners to unlock exponential gainz! :D


Is there many people here who are trading FX? Winning FX? I would love to share my knowledge and trade setups!

Thanks, Chuck.Aus

Hey Chuck, welcome to ASF. Tell us some more about your strategies. There are a few of us here that trade FX on and off....i've been developing systems to trade various markets and FX is the most difficult for intra-day that i have found. None of my strategies work very well on FX, i suspect because of the ever changing nature of FX.
 
Hey Chuck, welcome to ASF. Tell us some more about your strategies. There are a few of us here that trade FX on and off....i've been developing systems to trade various markets and FX is the most difficult for intra-day that i have found. None of my strategies work very well on FX, i suspect because of the ever changing nature of FX.

Hey CanOz, Thanks for the reply.

My strategy..

Its multi strategy, multi timeframe. Candles are my language.

To make things as simple as possible at first glance it goes like this.

1 = Long term. I scalp day to day while "Building" long term accounts. I move stops to +1 pip on my best entries and log out. (Create a new game account) *Long term account created, scalped the entry*

2 = Hourly Wage. I scalp my hourly wage on the 1min , 5min , 60min charts while targeting stop out zones and liquidity areas, reading each candle close as TRUE strength / weakness of the winning team. (Candle closes are the only thing that the market cannot hide from you. Once closed, its locked for the world to see)
Candles are the true language to world wide manipulation and control.

3 = Adding to winners. Add to winners to unlock exponential growths on your account. I can make a winning trade 160x bigger then its opening size, while keeping stops at +1 pip the whole time.

Losing trade = 1-2 entries. Meh losing.
Winning trade = 10-20 + entries Boom winning!!!


I am all about market control and manipulation as I am a 100% self taught trader from the charts and price action. The way I see it, the winners do not need to lose, as once the "rules" or "control" has been broker or lost then its clear its time to take profit and sleep.

One thing I refer to all the time when teaching people is "google.com warriors" . Google will teach you how to press each button and what each tool does but it does not actually teach you how to win.


"The best entry will be when someone is losing money"

Thanks, Chuck
 
hhaha!!

I am not here to advertise training or anything, was just looking for other traders who are doing what I am doing.

Haha I couldn't resist!

Welcome aboard Lemonjuicy and I look forward to reading your stuff on here.
 
Haha I couldn't resist!

Welcome aboard Lemonjuicy and I look forward to reading your stuff on here.

Thanks.


One of the topics in the forums here is "Why did AUD go up with rate cut"

The same thing happened about a year ago and i was fully prepared for it.
This is my current build of "Long Terms"
I have taken profit intra day over 100x now.

https://gyazo.com/02a794519b14727179d3129adf761ea2 <- 1hourly chart. Lowest entry is the rate cut.

https://gyazo.com/a39fee2edc75bd2683651dc265e47439 <- 1min chart. Right after rate cut. As you can see the price went against me for about 2 pips. Accuracy is the key. :D


Current sentiment is 80% people are shorting AUD, to me that says 80% more profit in my bank while I add to longs and target stop out zones. Destroy the world.


:-D
 
GBPAUD.

5min chart.

I run this template, look for chart control and manipulation at my lines.

Every breakout on Every Forex pair respects my yellow line of death. Win 100 trades, lose 1 when it breaks.

GBPAUD 5min yellow.png
 
Control till broken.

BB manipulation.jpg


Adding to winners for exponential growth, while hedging the bottoms at a growing 10% rate.

FX PING PONG.png


automated strategy based on the above pictures.

500k automated.png


--


AUDCAD, Retail Positioning = 93% are short. Dafuq? Extreme

93% short AUDCAD.png

Add to longs, target stops, destroy the world.

AUDCAD 1hourly.png
 
Over bought / Sold

When a Base currency like AUD becomes over sold against all other currencies at the same time the chances of a slight reversal / bounce increases.


My alarm triggered here for AUD.
AUD over sold.png

I then zoomed in and found a few 5min candle confirmations to enter with highest % of winning.

AUD over sold profit.png

Now AUD is back inside the area it should be.

Easy Cash. Instant Cash.


Chuck.Aus
 
I also enjoy trading shorter timeframes, i tend to hang around the 15m 1hr charts and look for my set ups there, i like your yellow line of death lol.
 
SHORT - AUDUSD.

Shorting till liquidity / stop out zone is triggered.

This might be a new low, even by 1 pip.


60min Chart shows rejection candle.

AUDUSD 60min Short.png
--

Volume shows Bulls are TRAPPED! The FX Market is all about Maximum Pain. #Bulls Getting ReKt
Target Stop Zones! Hold till down trend rules break / show weakness.

AUDUSD Volume.png

GAME PLAN.
Add to winners for MAXIMUM GAINZ. *Move SL to +1pip* Always wear protection

A losing trade = 1-2 trades. Meh... losing.
A winning trade = 10-20-30 trades BOOM WINNING!!

Identify trend, Add to trend!
Identify Break of down trend rules, Defend rules! Add to trend!

Hitting bullish stop zones? Double Shorts! Bomb the chart.
 
After the low was broken by 0.1 pip the chart reversed and started to hit my +1 pip Stop Loss's.
Only the best entries will survive, the rest will close and free up used equity.


Once the "Up Trend Rules" BROKE!!!

ITS GAME ON!! ADD TO WINNERS! BOMB THE CHART. START THE DOWN TREND PRESSURE AGAIN.


Current Short Count. 9 with stops at +1 pip. 2 with no SL covered.

up trend rules broke.  add to winners again.png
 
1min trend broke up again... as it does.. predictable.

Repeat.



Weakness = BOMB IT!
WEAKNESS BOMB IT.png

Results of bombing.
bombing results.png


Do you even FOREX?!
Chuck.Aus
 
After about 20 hours of accumulation the bulls are feeling the pain.

5min chart is showing weakness in support trend.

Open 1min chart and bomb each "Lower High" in defense of the trend and add multiple trades with stops in profit!

Rinse Repeat till control is lost.

001 - 5min weakness.jpg
 
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