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- finfresh replied Apr 20, 2018
Hi monocor. I believe they read the STOF like this, with the change of STOF occuring at the break of the small Bullish swing: image
- finfresh replied Apr 18, 2017
Two trades from before Frankfurt Open. Both trades would have gone to TP, which was set at a 1:1 completion in both cases. Both were taken when STOF re-aligned with LTOF, although the EURJPY was a bit riskier and in hindsight, probably shouldn't ...
- finfresh replied Apr 13, 2017
Cheers. I mainly look at EU, EJ, GU, GJ, UJ and maybe a few others (depending on the ADR). Screen-time from about 1hr before Frankfurt Open until the end of London open, so about 3hrs (the first hour I mainly spend analyzing which pairs to ...
- finfresh replied Apr 13, 2017
GBPUSD Short (M5) Managed to get a few pips on the short term order flow. Entry was based on the rotation a few candles earlier. Against the longer term order flow, so I protected early. I was aiming for a 1:1 harmonic, but when PA didn't get there ...
- finfresh replied Apr 10, 2017
GBPUSD SL (M5) Expectation was for a longer term NSL. I went short at the completion of a bullish 1:1 on a good rotation. PA ended up making a shorter term NSH. I think I should have waited for the STOF to become bearish again before trading the ...
- finfresh replied Apr 10, 2017
Looks like a typical CrocodileRex type trade. It was a very strong rotation on the M5. I still had my stop above the previous high on the M5 chart. Although I use 2% risk for every trade, so a close SL for me would still be 2%, as the distance of ...
- finfresh replied Apr 10, 2017
EURJPY SHORT (M5) Good rotation at Frankfurt Open. End of 3 drives pattern. Protected as PA approached structure. Expectation is for a weak NSL. Current TP is set to just above some structure near some previous lows. image *Edit PA almost made a ...
- finfresh replied Apr 7, 2017
Ok got it. This vid probably sums up a Mr Pip rotation candle: video
- finfresh replied Apr 7, 2017
Hi CrocodileRex You certainly have an interesting way to trade the method. By the looks of it, you are putting your SL below the rotation candle. So you are counting on the rotation being the end of the correction. And with your TP set at 1:1, you ...
- finfresh replied Apr 1, 2017
I am coming! Thanks Mr Pip!
- finfresh replied Mar 26, 2017
Thanks for posting. On my chart, the rotation candle was in two candles instead of one, which would probably mean the difference between taking the trade and not taking it. Your chart made me re-visit my M5 EURJPY chart. I was also looking for ...
- finfresh replied Mar 25, 2017
Hi jlares, I'm new to this thread and I only trade the M5 chart. The way I see things on your chart (as I would see them on an M5): Compared to the last swing down, you have a decrease in the projection (yellow lines) and an increase in the ...
- finfresh replied Mar 24, 2017
Hi Hazza88, I think you have pretty much diagnosed and fixed the problem yourself. You took a step back, looked at all of your losing trades, and saw where you went wrong. I assume you strayed from your trading plan and traded with your emotions. ...
- finfresh replied Mar 24, 2017
Short on USDJPY before Frankfurt Open (M5) - Good R:R with stop initially above the swing high, then moved to BE. - Looking to weather any re-trace from the short term 1:1 and aim for a re-test of the NSL. image *Update - After moving my SL ...
- finfresh replied Mar 23, 2017
Thanks for your advice Ockham. Yes I see what you mean. I did think about a re-entry on the bearish candle following the one I got taken out on, but risk reward would not have been as good. My Trading Plan is to stick with the entries above the 50 ...
- finfresh replied Mar 23, 2017
EJ short at Frankfurt Open (M5) - Expecting at least a re-test of the Low - Protected too early. I thought the shorter term structure would hold. - Stopped out at BE my a fraction of a pip, then went to TP. image
- finfresh replied Mar 22, 2017
Yes thanks for the explanation. I guess for me, it was a case of if in doubt, stay out, and there was certainly a lot of doubt there
- finfresh replied Mar 22, 2017
Hi Ockham. Just wondering, did you consider this trade risky due to the NSL on the short term order flow, or did you count this as a re-rest of the range? I was thinking a quick short against the long term order flow, but wasn't game enough to take ...
- finfresh replied Mar 21, 2017
UJ Short from London Open (M5) Expecting at least a re-rest of the previous low. I gave this trade a lot more breathing space than previous trades (although I managed to protect relatively early). I ended up getting out when it looked like price was ...
- finfresh replied Mar 21, 2017
Hi Ockham. Thanks for the comments, I appreciate it. Yes I guess that's the risk I take, taking these riskier type trades. As well as the poor bearish momentum, there was also a PRZ around the Round Number, which I failed to take into account and ...