
Beginner Questions
Trade Yes or No?
Good trade or bad trade!?
Hello,
as I am a beginner, I would like to share my experience with you and will post here the trades I make. It would help me if we can then evaluate the trades together.
Thanks.
------ AUDUSD 01.09.2023 ------
There was a "COMBO Sell" signal here. I have set the SL on the last high. The TP is at 200 pips.

Market Line
Hi Bernhard,
is there any use in CS28 of the Market Line which is part of the currency strength lines ? How could this line be used for getting a trading advantage with CS28 ? How do you personaly use it ?
Regards
Frank
Absolutely! The Market Line in CS28 represents the overall market momentum, providing valuable insights for trading advantage. Personally, I utilize it as an essential reference to gauge the strength of the entire market.
For a more comprehensive understanding and practical application of the Market Line, I recommend visiting our forum where we discuss this topic in detail. You can find the discussion here: https://www.currencystrength28.com/forum/currency-strength-strategy/market-momentum-and-mfibs
Feel free to explore the forum for further insights and discussions. If you have any more questions or need assistance, don't hesitate to reach out. Happy trading!
Study the rules. This trade is not qualified.
No trades above MFib100 and below -100.
Not near a supply/demand zone.
10 TRADE RULES
https://www.currencystrength28.com/forum/trading-strategies/10-trade-rules
Explanation:
The trade in question does not meet the criteria for a qualified trade according to the 10 TRADE RULES. The EUR CS is above MFib100, and price is near supply. (Additionally you can see price turned exactly at the point from higher timeframe suppy zone!). Therefore, it is not a qualified trade.
Additional notes:
It is important to follow the rules of any trading strategy that you use.
Deviating from the rules can lead to poor trading decisions and losses.
I hope this is helpful! Let me know if you have any other questions.