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Gabriella

  • #61
  • Jul 26, 2018 11:14pm Jul 26, 2018 11:14pm
AUDUSD SHORT

Price hit perfectly at Wm3 where I took my first target.

Back in again because I believe this pair is still bearish.

Next target ill be S38
Attached Image (click to enlarge)
Click to Enlarge Name: Inkedaudusd-h4-c.jpg Size: 1.2 MB
You will learn the most from your losing Trades
  • #62
  • Jul 27, 2018 6:37am Jul 27, 2018 6:37am
Small trade on EURUSD I left open last night only because I saw no resistance to target.

CLOSED for a profit 21 pips.

Will scan Charts for New Entry
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-oanda-division1.png Size: 105 KB
You will learn the most from your losing Trades
  • #63
  • Jul 27, 2018 7:05am Jul 27, 2018 7:05am
I see Bearish PA on audusd and eurusd. 8AM Candle confirmed this...Took short positions on both. Lets see how this plays out. Can never be too sure

86 pips total for this week. Not too bad of a week but ill take it. Profit is Profit
You will learn the most from your losing Trades
  • #64
  • Jul 27, 2018 8:21am Jul 27, 2018 8:21am
We should have a turn around on each pair and come down. lets see. Still short on on audusd and eurusd
You will learn the most from your losing Trades
  • #65
  • Jul 29, 2018 1:12pm Jul 29, 2018 1:12pm
Happy Sunday Everyone!

two charts posted below with 2 trades im still in.

I decided to trade Friday morning on these 2 pairs and I Left them Over weekend.

I believe both are still bearish and I posted my ideas below.

Both charts are 4H charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd-h4.png Size: 118 KB
Click to Enlarge Name: audusd-h4-.png Size: 105 KB
You will learn the most from your losing Trades
  • #66
  • Jul 29, 2018 1:26pm Jul 29, 2018 1:26pm
Thoughts on EURAUD
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-h4-.png Size: 128 KB
You will learn the most from your losing Trades
  • #67
  • Jul 29, 2018 2:07pm Jul 29, 2018 2:07pm
Ideas on GBPUSD
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-.png Size: 94 KB
You will learn the most from your losing Trades
  • #68
  • Jul 29, 2018 11:42pm Jul 29, 2018 11:42pm
Quoting Chenzo25
Eurusd… Price has past central pivot. Price below emas. Shooting star on last 2 candles. 34 ema slanted down. 1st target Wm3 {image}
It looks like your trade is 1:1 risk reward or about ? if you would have stop above shooting star ? is this typical ? First target will you close out everything here or half position or how is your thinking ?

Thank You.

Best regards
  • #69
  • Jul 29, 2018 11:48pm Jul 29, 2018 11:48pm
My stop is usually 70 pips. On that trade I would of closed out if we passed last high in red box Supply. That would show me that market wants to resume bullish momentum
You will learn the most from your losing Trades
  • #70
  • Jul 29, 2018 11:49pm Jul 29, 2018 11:49pm
Keep an eye on NZDJPY and EURAUD. They are setting up for some bearish activity.
You will learn the most from your losing Trades
  • #71
  • Jul 29, 2018 11:52pm Jul 29, 2018 11:52pm
Quoting Chenzo25
My stop is usually 70 pips. On that trade I would of closed out if we passed last high in red box Supply. That would show me that market wants to resume bullish momentum
So your stop is bigger then your take profit ? also you have 2 take profit how do you manage it ?

Thank You.

Best regards
  • #72
  • Jul 29, 2018 11:57pm Jul 29, 2018 11:57pm
Quoting jgadefelth
{quote} So your stop is bigger then your take profit ? also you have 2 take profit how do you manage it ? Thank You. Best regards
Every trade will be different in terms of stops. Sometimes stops will be less than 70 pips if momentum looks really bullish, I don't chance it. Why lose 70 pips and let price continue going up if I can cut my losses at 50.

I take profit several times at different levels. I don't like to stay in trades for a long time. Better to take profit at level, watch price and then get in again in same direction.

Some traders ride price too long and then they lose half of profit. I want to keep my profit
You will learn the most from your losing Trades
  • #73
  • Jul 30, 2018 12:04am Jul 30, 2018 12:04am
Quoting Chenzo25
{quote} Every trade will be different in terms of stops. Sometimes stops will be less than 70 pips if momentum looks really bullish, I don't chance it. Why lose 70 pips and let price continue going up if I can cut my losses at 50. I take profit several times at different levels. I don't like to stay in trades for a long time. Better to take profit at level, watch price and then get in again in same direction. Some traders ride price too long and then they lose half of profit. I want to keep my profit
But will this not result in a general bigger risk for reward ? meaning that you often risk more then you stand to get ? Also instead of taking profit of have you consider let the whole position remain and instead at where you should take profit have a trailing stop ?

Thank You.

Best regards
  • #74
  • Jul 30, 2018 12:08am Jul 30, 2018 12:08am
Quoting jgadefelth
{quote} But will this not result in a general bigger risk for reward ? meaning that you often risk more then you stand to get ? Also instead of taking profit of have you consider let the whole position remain and instead at where you should take profit have a trailing stop ? Thank You. Best regards
You can... I just like to secure the profit so I have some more margin to play with. Usually price respects the levels and slows down a bit while another pair is picking up momentum.

Its all up to the trader. This is just my style.
You will learn the most from your losing Trades
  • #75
  • Jul 30, 2018 12:42am Jul 30, 2018 12:42am
Quoting Chenzo25
{quote} You can... I just like to secure the profit so I have some more margin to play with. Usually price respects the levels and slows down a bit while another pair is picking up momentum. Its all up to the trader. This is just my style.
Can you make a post please more about margin and wat you risk on every trade and how you manage it ? you say also in another post you you trade different pairs so that you dont get a margin call if i understand it righ please explain when your time permits ?

Thank You.

Best regards
  • #76
  • Jul 30, 2018 4:36am Jul 30, 2018 4:36am
Hello Chenzo,

The concept is good and simple. Well done on this.

Just a quick one, the MTF Moving Avarege Indicator (in top right-hand side of the screen) is not in the zip file.

You mention look it up in the marketplace but what does that mean as I am struggling to find?

Thank you
  • #77
  • Jul 30, 2018 8:34am Jul 30, 2018 8:34am
Quoting Rafaz1
Hello Chenzo, The concept is good and simple. Well done on this. Just a quick one, the MTF Moving Avarege Indicator (in top right-hand side of the screen) is not in the zip file. You mention look it up in the marketplace but what does that mean as I am struggling to find? Thank you
That is not the MTF indicator on top of right hand screen. Please read carefully on page 1
You will learn the most from your losing Trades
  • #78
  • Jul 30, 2018 8:40am Jul 30, 2018 8:40am
So lets post a EURUSD chart and show exactly what I would do on a losing trade. IM currently down almost 70 pips but we are at a critical zone.

I will see if price breaks through this area to go back up to R38.

Usually my stops will be a little above a whole number as well.

I believe price should turn here
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1.png Size: 85 KB
You will learn the most from your losing Trades
  • #79
  • Jul 30, 2018 11:19am Jul 30, 2018 11:19am
This is why I say every trade is different. 95% of traders lose because stops are too small or they cant handle being in DD. Below is my chart on EURUSD that I'm in DD. Now, I said my stop loss is usually 70 pips. Price went 19 pips more in to a zone. So I risked an additional 19 pips to see if the zone would be respected.

At times the Market makers will raise or lower price to certain levels where most people put there stops and others have pending orders. You must try and figure out where most retail traders put stops and go above this level.

When traders say That brokers or Market makers don't care about retail traders money is just flat out stupid. Every dollar counts to them. Don't think of how much money they collected today from you and others. Think about how much money they have collected at the end of the year! Millions!

Price will now come down on this pair and we will see how this ends up. For now I will keep it open.

I will show wins and losses as most traders don't. Hopefully, this turns around for me. See you guys later tonight
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1 real.png Size: 141 KB
You will learn the most from your losing Trades
  • #80
  • Jul 30, 2018 11:22am Jul 30, 2018 11:22am
Quoting Chenzo25
This is why I say every trade is different. 95% of traders lose because stops are too small or they cant handle being in DD. Below is my chart on EURUSD that I'm in DD. Now, I said my stop loss is usually 70 pips. Price went 19 pips more in to a zone. So I risked an additional 19 pips to see if the zone would be respected. At times the Market makers will raise or lower price to certain levels where most people put there stops and others have pending orders. You must try and figure out where most retail traders put stops and go above this level....
Thanks, Chenzo25.
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