After getting my ass kicked by the E/U today I took a little revenge trade selling E/J @ 114.74 (below the good looking shooting star in my chart) targeting 114.50.
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DislikedSo, the remaining 3rd of my AUD/USD trade (No 26) hit my stop so the trade ended +0.5% in the end.
My GBP/USD trade (No 27) hit both targets for about +2.2%.
I have two trades open right now... (I have just closed 2/3's of the E/U trade at 1:1).Ignored
DislikedTime for one more... then back to work!
Long EUR/CHF.
I have moved my stop to breakeven on E/U as the entry has been retested and moved back down... if it comes back again I see it going to a higher zone so will re-enter if I get a signal to!Ignored
DislikedAll in all the week ended well... up 9.3% (compared to 10.12% for the week before).Ignored
DislikedSo this is where you've been hiding from us, Dan! Impressive little trade blog you have going on here. It's nice to see you trading very similar to your D1/H4 position trading method. Great results I might add, too.
Kind Regards,
NeoIgnored
DislikedIt was a bit of a late one and didn't manage to get a screenshot of it but the basics were as follows... GBP/USD Short @ 1.6313, stops at 1.6330 and final target of 1.6262. I just managed to take 2/3's off at 1:1 before the trade turned around on me - so ended +0.5% (chart below).Ignored
DislikedI've got a feeling I may occasionally refer to supply and demand around the wrong way!Ignored
DislikedLast week, although I only traded three days I actually had my best return (just) at +10.15% for the week - mainly due to a couple of good trades that had better R:R! I'm trying to refine my entries a bit now to go for good setups that also have reasonable potential profit margins! So far so good... but I think beginners luck is an element in play at the moment! I'm cautiously prepared for everything to go wrong soon lol!Ignored
DislikedWould it be possible to list the basic criteria you use to enter your trades? Just a simple point form would be great...from what I see your style on the M15 is very similar to your ATT style on D1/H4, but I'd appreciate seeing if you are approaching the setups differently. I see you're using a couple more indicators.
What Sam Seiden calls Supply/Demand, the rest of us call Support/Resistance!
That's great. What time of the day did you do your trading?--or during what session?
Best Regards,
NeoIgnored
DislikedTrying to make this market pay me back! Went long on USD/CAD - quite a tight stop and have taken 2/3's off (1% @ 1:1).
Will try and hold this for a bit if the market allows!Ignored