Gold (XAUUSD)
Asian ATR 44 pips
Expected Daily Growth 10 trades *5 pips = 50 pips
Monthly Expected 50 *22 days = 1100 pips
If your daily growth expectancy 5$, you need a budget 1000$
Calculate your lot size accordingly.
Asian Conter Model Strategy
- No stop loss
- When you FOMO says UP, you go low - Place Sell Order
- When your FOMO says Down, you go long, Place Buy Order 
Oka let me explain, you know price is manipulated. Bank and other institutions manipulate price to earn big money. SMC and who ICT concepts uses such manipulation base to form a precise entry module to take advantages of either using Fair Value Gaps, Order Blocks and Fibonacci Levels. This all gives you a broader idea why price moves and how it manipulates price to take out retail traders. Since the manipulation is a major price mover, we understand when price moves fast and why it does it. We know as soon as price jump up or down it does it to manipulate market. We focus on those moves. Let it dry down and place orders targeting closest order blocks.
Asian session tends to move 44 pips on an avg.
London 95 pips
Newyork news events can cause 200+ pips movement.
This is the ceiling and the max drawdown that comes if your order doesn't go your way.
It can lead you to blow your account. I think a potential escape is to trade only Asian session to avoid as much uncertain moves as possible. Asian is a session of accumulations for the manipulators. Even your trades move on to London phase, but you aren't placing new trades during London means open orders during Asian session with get filled to targets cause London session mostly rounds up the curve for created during Asian session. This is OfCourse a game of possibility and uncertainty.
one Veteran Trader once said, "Trading is when you are feeling uncomfortable".
Asking myself, I feel quite uncomfortable when I fall prey to FOMO and price manipulates my price and hit my stop loss them keep going to my initial direction. Me Agan having a FOMO put another Trade and Think it will give me profit this time. But what happens then is another upset story. Price goes down hitting my stop loss for 2nd time. Now I feel Price will go Up for sure cause it to have to. Then again It hits my 3rd stop loss. An expedited trader said, we human beings are not coded to take more than 3 rational decisions. So, after 3 consecutive failed decision we are exposed to void of catastrophic decisions.
Then I felt why not take opposite trades. I have more than 10 years of chart time. I know this is what happen all the time. But I must withdraw money from what I gained. a proper structural payment system will enhance my duration.
on a100 dollar account I was placing my regular entries and losing money as I do/ have been doing for past 10 years. I mostly loose when I use pattern treading, S/R trading, I win for first few days of deposit and then comes the spiral of drawdown. This is my story of constant blow up of accounts after accounts.
few days back it hit me, I could go opposite and target the closest order block.
The decision proved to be dramatic. I turned 65$ account to 336$ in two days. I noticed few of my HFM Clients grow their accounts extremely fast like this. Then they either blow their accounts or the smart traders withdraw a percentage of profit.
Thinking of I lose a full account after 2 dayhops of profit making, isn't it better to make profit withdraw and then start a new cycle. Hits me it's far better approach and can be profitable.
Asian ATR 44 pips
Expected Daily Growth 10 trades *5 pips = 50 pips
Monthly Expected 50 *22 days = 1100 pips
If your daily growth expectancy 5$, you need a budget 1000$
Calculate your lot size accordingly.
Asian Conter Model Strategy
- No stop loss
- When you FOMO says UP, you go low - Place Sell Order
- When your FOMO says Down, you go long, Place Buy Order
Oka let me explain, you know price is manipulated. Bank and other institutions manipulate price to earn big money. SMC and who ICT concepts uses such manipulation base to form a precise entry module to take advantages of either using Fair Value Gaps, Order Blocks and Fibonacci Levels. This all gives you a broader idea why price moves and how it manipulates price to take out retail traders. Since the manipulation is a major price mover, we understand when price moves fast and why it does it. We know as soon as price jump up or down it does it to manipulate market. We focus on those moves. Let it dry down and place orders targeting closest order blocks.
Asian session tends to move 44 pips on an avg.
London 95 pips
Newyork news events can cause 200+ pips movement.
This is the ceiling and the max drawdown that comes if your order doesn't go your way.
It can lead you to blow your account. I think a potential escape is to trade only Asian session to avoid as much uncertain moves as possible. Asian is a session of accumulations for the manipulators. Even your trades move on to London phase, but you aren't placing new trades during London means open orders during Asian session with get filled to targets cause London session mostly rounds up the curve for created during Asian session. This is OfCourse a game of possibility and uncertainty.
one Veteran Trader once said, "Trading is when you are feeling uncomfortable".
Asking myself, I feel quite uncomfortable when I fall prey to FOMO and price manipulates my price and hit my stop loss them keep going to my initial direction. Me Agan having a FOMO put another Trade and Think it will give me profit this time. But what happens then is another upset story. Price goes down hitting my stop loss for 2nd time. Now I feel Price will go Up for sure cause it to have to. Then again It hits my 3rd stop loss. An expedited trader said, we human beings are not coded to take more than 3 rational decisions. So, after 3 consecutive failed decision we are exposed to void of catastrophic decisions.
Then I felt why not take opposite trades. I have more than 10 years of chart time. I know this is what happen all the time. But I must withdraw money from what I gained. a proper structural payment system will enhance my duration.
on a100 dollar account I was placing my regular entries and losing money as I do/ have been doing for past 10 years. I mostly loose when I use pattern treading, S/R trading, I win for first few days of deposit and then comes the spiral of drawdown. This is my story of constant blow up of accounts after accounts.
few days back it hit me, I could go opposite and target the closest order block.
The decision proved to be dramatic. I turned 65$ account to 336$ in two days. I noticed few of my HFM Clients grow their accounts extremely fast like this. Then they either blow their accounts or the smart traders withdraw a percentage of profit.
Thinking of I lose a full account after 2 dayhops of profit making, isn't it better to make profit withdraw and then start a new cycle. Hits me it's far better approach and can be profitable.
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