Emotion - it steals your money.
Swift Trade All Time Return:
7.8%
Spoof's Trading Made Simple(r) Journal 819 replies
My GBPJPY Trading Journal - Trading from level to level 23 replies
Another Trading Journal - Yuhu's Journal 16 replies
hksweeper's Trading Journal - Reaction Trend System 20 replies
DislikedAnother successful trade on AUDJPY. Trade premise was the break of the inside candle that formed near the support level. The pin bar was a false breakout of the inside candle and added extra confluence for this trade. I placed a buy limit at the top of the inside candle range to catch a retracement back to that area which so often happens. This allows for a better RR since I could place the stop below the pinbar mid point. I will now be waiting for a retrace back to the new level that has been broken for a potential long trade. {image}Ignored
DislikedAnother successful trade on AUDJPY. Trade premise was the break of the inside candle that formed near the support level. The pin bar was a false breakout of the inside candle and added extra confluence for this trade. I placed a buy limit at the top of the inside candle range to catch a retracement back to that area which so often happens. This allows for a better RR since I could place the stop below the pinbar mid point. I will now be waiting for a retrace back to the new level that has been broken for a potential long trade. {image}Ignored
DislikedThis was and is now again the basic flow chart I use for determining whether to place a trade or not. {image}Ignored
Disliked{quote} NZDCAD H4 reacting on Support level, and along with inside bar breakout we could have a potential BUY trade setup?WE ARE WITH TREND AS WELL ...Ignored
DislikedSpoof: On below chart (GOLD H4) ,is it a good setup to wait for price to retest the resistant level and the enter the market? {image}Ignored
DislikedHi guys. I've migrated from RH to this channel, because I think trading PA (I'm Learning, still) is more consistent on the long run then Following green and red stoplights based on indicators. I've trade RH method in July and August, and had the same problem as Spoof, winning in July and losing all of my profit in August. I think the system is a bit too arbritrary, yes it can show clear and good signals that can be profitable, but at the same time it can show those who are not. It's more or less a 50/50 chance on what you'll[/highlight]...Ignored