Today my first try:
EURUSD — 5 min PASR Trend Trading (London session)
EURUSD — 5 min PASR Trend Trading (London session)
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DislikedHi Strat, I am a newbie. Spent quality hours reading your old thread and new one. I want to adapt to this strategy. Request your view whether my assumption of trading AUD CAD today is right. I am still demo trading. However, I want to practice well before I enter into real trading. 1. Bigboss/boss and worker are in uptrend. 2. Price is bullish and yesterday's close is above strat shadow. (let me say SS rejected the price). 3. Price is within WCC. However, nearly 100+ pips before reaching the WCC and weekly resistance. (blue and red lines are weekly...Ignored
DislikedAUDCAD {quote} I am still demo trading This is your first mistake. Do NOT trade on demo - it is HIGHLY MANIPULATED by your broker to make you LOOK GOOD plus it does not engage the Little People who will destroy you unless you keep them in check. Bigboss/boss and worker are in uptrend How do you SEE these in an UP trend? - they are sideways in consolidation and totally directionless. The Big Boys have no interest in this pair at this time. {image} PRICE is trapped inside a Weekly Control Candle (blue lines) However, nearly 100+ pips before reaching...Ignored
Disliked{quote} Strat, just to make sure I understand this correctly, did GBPAUD not qualify during your trading hours or throughout the day? I thought there was an interesting entry point at around 1.7686 on M5 although there was a support at 1.7660, supported by the outside bar on H4. Is it because of the proximity of the support (and the relatively poor R:R) that you dismissed it or am I missing something else? Thanks {image} {image}Ignored
DislikedToday my first try: EURUSD — 5 min PASR Trend Trading (London session) {image}Ignored
DislikedLong EURUSD yesterday with profit target (+72 pips) hit over night three hours into the London session. Using strat shadow in conjunction with fib, entered on H1 once HH occurred with move above shadow and fib 76.4. Also a nice 9 kiss off 72ema Target to fib 161.8. May get further up move to the 261.8 extension but I planned the trade to 161.8 and traded the plan so more than happy with this one. These are the set ups I am looking for that allow me to profit from the moves made through the London session. Nice stress free set ups on lower time frames...Ignored
DislikedAUDCAD {quote} I am still demo trading This is your first mistake. Do NOT trade on demo - it is HIGHLY MANIPULATED by your broker to make you LOOK GOOD plus it does not engage the Little People who will destroy you unless you keep them in check. Bigboss/boss and worker are in uptrend How do you SEE these in an UP trend? - they are sideways in consolidation and totally directionless. The Big Boys have no interest in this pair at this time. {image} PRICE is trapped inside a Weekly Control Candle (blue lines) However, nearly 100+ pips before reaching...Ignored
DislikedEURUSD M5 PASR Trend Trading: Couldn't wait for it to hit my TP (next SR levels), because it was my EOD (Ene of Day). Happy Trading, Yomi. {image}Ignored
Disliked{quote} Thank you for ur reply. You set SL 50pIps because u have that fixed or in there was something in that distance that u set ur SL in there?Ignored
DislikedGBPCAD entry on 5m (paper trade) After the pullback following the London move up, waited for a close above the Strat Shadow to enter long. I was undecided about closing this while price made small candles above support. I decided that price was close enough to 4h resistance and seemed out of buying momentum so closed it out. {image}Ignored
DislikedThe conditions seemed good for an M5 trade but I do not know why I did not close the trade when I saw a hammer at a support level (maybe I thought the movement would be bigger). Conditions have changed, so I closed the trade with a small loss. {image}Ignored
Disliked{quote} Hi Strat.. In the quoted post you had shown AUD CAD on Downtrend and consolidation. Enclosed is the screenshot of EURNZD. Its a long term downtrend and immediate uptrend in the Bigboss chat. Would you recommend a buy for a scenario like this when the price action falls in place. {image}Ignored
DislikedEURUSD M5 PASR Trend Trading: Couldn't wait for it to hit my TP (next SR levels), because it was my EOD (End of Day) which happens to be London Close. Happy Trading, Yomi. {image}Ignored
DislikedEURUSD M5 {quote} Excellent Yomi. The Bond Shooting Star was the first indication of the London topIgnored