Plan the Trade

Figured it out. I guess Ill try tomorrow...

Filled +15

Man without news it gets tough 35 today

That's the beauty of dependable set ups. You do it with 2 contracts and you have a nice wage for your time, even with just 35 ticks! That's more than I'll make today selling cars for 10 hours!

when you treat is like a business your right making 350 dollars a day for 4 days is 1400 a week salary plenty to live on in most countries even america

divergence could u upload a screenshot from today's session , i want see if it matches mine.
I followed the instructions from your video but something seems off.

Many thanks in advance


my session looks like this:

mum I use Mondays profile to trade today I think you have todays profile

yes i see, thank you!

i think i fixed it.

You talk about a poke bar in your videos, can you explain what those are?
I can't find it in the thread

hi divergence ,

Is this a valid trade ? did you consider it ?

Div doesnt trade wednesdays

This is the worst day Ive seen in weeks

omg hallelujah I got a winner

Can someone help me out with Sierra? When I try to enter a buy limit order above the market price i.e. wait for a 123 up the order automatically fills at the market price instead of waiting for the 123? Am I supposed to use a buy limit order?

On an unrelated note, I keep on adding an extra 0 somehow for my demo forex trades...

a Limit fills you at the entry price or better. if you enter a buy limit above the market, it will fill you immediately. you need a buy stop if you want the pending order to wait for the market to reach it

your other option is a buy stop limit. this will make the order pending, but you will sometimes not get filled if the price goes through your order too quick (I'd imagine) because you're forcing the market to fill you at that price or better. so if there were to be slippage on your fill, you just wouldnt get a fill

missed them myself .. couple of poke bar signals:

Ras on first poke bar I would have just taken the pullback

Not sure how many times that i've posted this earlier in the thread!

it's even on the first page

Even without viewing it as a C&H, it is simply trading a 123, which breaks last LH to create HH (our 2B rev), triggering and retracing to prior pin. Target fresh highs.



I've been generally trading these on micro scales later on in the session. I'm still making too many mistakes to switch live, but i am learning some canny tricks along the way.

I first started off trying to mechanicalise it and take every 123 that triggers and subsequently retraces, regardless of prior direction, but i simply can not get it to work. There is usually a conflict of trends, one smaller than the other, but it puts you the wrong side of the trade too often.

Then i realised that i was taking the wrong trades at places where you would not expect a reversal to occur. By waiting for the set-ups to occur at prior pullback areas, it then increased the success rate majorly.

Here's an idea of the thinking in a chart;

It is sooooooooo slow later on though! Maybe this is why i have been trading 133 tick for a while now. It turns you into an outright scalper, but the problem is and always has been that PA retraces too often, compared to the open and it is rare that you can follow the candle action with your stoploss under each printed candle for a decent win. This hampers success, meaning that your judgement has to be very good.

I used the 'chart replay' to trade the open in Sim a little earlier. Here was the result;



The PA between the HH & HL on the chart looked to me like a simple 'Flat ABC' (corrective), thus the rise immediately prior and into first seconds of open was the return to uptrend (probable).

That was still using 133 tick and it felt like taking very obvious trades to me. Now it doesn't mean jack, cos it's on Demo, however, it left me with a very euphoric feeling. Probably why i felt compelled to post it.

OK, so demo trading is quite a step down from live, however, by having so much pride and determination, i still find myself heaping a tonne of pressure upon myself to succeed. This is the closest i can get it to reality. I still feel deflated when i can't get it right and i in turn, feel the euphoria when everything falls into place.

Remember we are trading probabilities combined with favourable R:R ratios. Losses are part and parcel of trading, but coming out at the end with a positive total is the name of the game!

Making 40 ticks in under 3 minutes in two trades and i feel like it was real money being banked!)

Well, it is late for me here, but i will perhaps look to trade the open using my micro scale for the forseeable and see how it goes. Determining that there is a trade within a trade whilst targeting each Supply & Demand area in turn, either as a pullback target, or as a fresh high if returning to the next size up trend, combining it with small 123's that trigger and retrace each time, (as the example in the previous post), should yield the results desired.