Entry Unholy

Theres no voting buttons on this thread to get someone chucked off - all friendly here!

made 13 pips on 17 risk (5%).....only trade.

prices back at Monday high

Held up by h 4 200 ema ,, h4 200sma and weekly ave price all in this area ,, seeing a chop back towards todays open probably in order ,, afternoon delight could be a pop towards todays high again above those averages down side limited atm

Need a fat finger to push it one way or the other out of the blue atm ,,still filling and back filling ,,fun fun ,, big 40 to 50 pip ranges lol

Need a fat finger to push it one way or the other out of the blue atm ,,still filling and back filling ,,fun fun ,, big 40 to 50 pip ranges lol

Nice one Z.....i was smashing GU......then went to my “normally” favourite GOLD......got absolutely smashed time and time again!

I was looking for this afternoon delight too....im long....getting no love!

Only one trade for me today, took a short with one contract from the retest of the open down to the prior low. Trading one lot is tough in terms of exits, but I am appreciating the challenge. The last week of trading for me has been pretty rough and tumble, I will continue to trade one lot until I feel like I have earned the right to trade two...

great trade...that was also a double top bear flag ......one trade x day is good.....increase your stake not the number of trades......we here not to be right but to make money.....

Do u have a massive account if u usually trade 2 lots? Ive just dropped down to .5 lots.....and its boring!

my entry was not great this time but my common sense helped me ....entry was at 1388 just below the reversal bar at my resistance (see previous post)....normally I would place my SL 1 pips above the pattern which was 1399......but knowing the round number could be calling and the PDH was at 1402 I placed my SL at 1405.....prices got to 14037 and reversed....

best entry was at the PDH......especially considering the strength of the leg up to 1395.....there is always fear to miss in myself and I am working on it....

Nope I trade a very small live account, but in futures, not FX... the smallest unit is one contract/lot; with my account size I can trade up to five but it's a lot of leverage to be using.

I would like to trade FX and have the flexibility of lot sizing, but do not for a few reasons... our brokers here in the US generally suck, and I have a few years invested in a trading platform that they do not support.

Nothing wrong with your entry bud at all ,, just a little bit low but it is a contra trend trade tht is available usually about once a day ,, nothing wrong with taking some shekels when its there . The hard part is buying it at support to catch the next attempt higher lol,,,,

An hourly view since it had the big push up and thru the weekly ave price on the 15th of Feb,,, the daily candle pointed out to rrracer ,,then the corresponding areas on an m15 ,,,Good example of a rather orderly rise in what appears as complete chaos and why I say the mkts are more practical than most think ,,it keeps getting bought up at support ,,it will till it hits a level attractive enough to whack it below that weekly average price ,,then it will be going the other way

You can see the support levels on the hourly well enough ,, they are the weekly camarilli pivot levels ,the white circles correspond with the type of trade you took today ,,,

Then the h4 view ,,one can go to the daily and get the same levels ,,cant quite see the intricate details as one does when you break it down to an m15 ,, but that pattern plays the same ,,,day in and day out across all the pairs ,,just some pairs have much better moves and the eur is stuck in a very shitty area on the daily chart if one goes left far enough ,,but that in a nut shell is how these mkts move ,, support or resistance is tested ,,taken out ,,retested the mkt moves on ,, there can be a lot of testing and retesting - filling and backfilling ,,thrashing to and fro ,, but certian levels and patterns watched in the fray ,,one can keep a decent map ,,and it is more orderly that it appears ,,, and there isint really much more to it than previous highs and lows ,,, pick your spots with the higher probabilities with a few things in mind and one can do all rite ,,, time of day ,, little list of givens ,,, the when ,, the roughly how far and the "when it will die down for the day " and how big of level price is around ,,cheers man ,,

The daily candles mentioned to rrracer ,,the 2 tht matter atm

Every day ,,, asia ,, daily open and a 24 hour price ave ,,,, pretty calm asia,, revolves around days open ,, maybe a previous high or low and the ole 24 hour price ave,what ever to get their 20 25 pips ,, as frankie comes on line ,, the swings get bigger ,, previous daily highs and lows and the weekly ave price ,,, then london ,, same thing ,, then usa ,,same thing ,,areas tested,, retested sold off ,,bought up ,,and as far as the eur trickles up and down ,,go across the pairs ,, same thing happens ,, other pairs with news during the asian session may move a little farther ,,may not quite touch a level here and there ,, each pair has their own little quirks ,, but it will be moving the way the weekly average dictates ,,, till the weekly average fails ,,,,,,,day in ,,day out with out fail ,,, news provides fuel to reach ,,poke and prod father away levels ,and make the bigger chart pattern ,, there is no guessing, there is no calculating ,,, the mkt gives you the levels ,,,, find the ones with the best probabilities and trade accordingly,, forget the trading bullshit jargon ,,, concentrate on what the mkt does use over and over ,,and one will do just fine ,, there isint a person hanging out here that cant do that ,,, you know the when ,, you know the roughly how far and you know when it will slow down ,,,, trade accordily with realistic expectations on hpw far a mkt will move during a days time and one will make way more than give back ,,m Its not just one time frame ,, one must keep track of where the big boss is ,, monthly ,, the straw boss ,, weekly ,,,, the worker ant ,,daily ,, then the smaller charts ,,, top down and bottom up

I find my self busier than shit atm ,, cutting into my trading time ,,at least the time I can post and hang out here ,trading is something I enjoy and a bit of an addiction ,, but I am what I am lol,,, but that is what I watch with out fail ,, you will find if you practice a few simple things you will do just fine and probably better than you imagined ,,, being short on time ,, this about the easiest way to get across the things that will pay you rather well ,, and for most it has nothing to do with the bullshit you have been told and coached and preached to since the 1st time you looked at a chart .I know when I quit worrying about that shit myself trading became profitable ,,,,, Practice ,, levels ,, patience till its time not to be ,,, your little list of givens ,,every day same appraoch and you will do just fine,sty green all ,

Right on que ,, like every day so far this week ,, if this level holds it down then the weekly open becomes a tgt ,, but got bought up like every day before it atm ,,if buying support was the only trades one took this week ,,, not a bad week so far ,,if one sold yesterday holding out for the weekly open not a bad plan ,, stp could be brkeven atm however still above weekly ave price ,,

Been missing your posts lately but glad to hear you've been keeping busy at the day job lol... things are picking up here in the shop as well. In the meantime, to fill the void, I've been "digging" up some Digger1 oldie-but-goodies using the FF search function, found some of your posts and charts from waaay back in the day. Damn good stuff buddy.

Couple lines one may not have noticed on the m15 ,,the smaller the time frame the cloudier the picture can be if one dont really know what the tools are they have on their chart ,, averages are a powerful tool ,,, know what they mean ,,, 2 of them on the m15 are simply the h4 200ema and 200sma ,, use shit that you what it means ,, and that is one of the most widely used across the spectrum ,, old school was sma ,, new age shit is ema ,,, keep track of both lol ,, and the scaling is going to look much different from time frame to time frame

Lol,, been a journey for sure and I have been around awhile ,, things a little more refined than back then ,,,, I havent quit learning and refining ,, just helps to keep more and make more lol,, Yea ,, different year for sure ,, usually a bit slow for me this time of year but not so much this year for some reason ,,lol,, just trying to post shit and splained as easy as possible ha ,,, there is so much available here ,,but damn hard to get ,, It would be cool to see everybody get their little piece and keep it

r 1383, 1403
s 1364, 1362