Plan the Trade | Page 594 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Plan the Trade / Trade the plan 74 replies

Plan the Trade and Trade the Plan: Swing Trading the Euro 5 replies

My backtest - optimisation - trade plan 0 replies

A realistic trade plan 6 replies

my trade plan for next week 47 replies

Attachments: Plan the Trade
Exit Attachments

Plan the Trade

  • #11,861
  • Apr 15, 2019 8:57am Apr 15, 2019 8:57am
4550 pullback
  • #11,862
  • Apr 15, 2019 9:00am Apr 15, 2019 9:00am
+10
  • #11,863
  • Apr 15, 2019 9:04am Apr 15, 2019 9:04am
ym 123 back into trend 376
  • #11,864
  • Apr 15, 2019 9:05am Apr 15, 2019 9:05am
+1
  • #11,865
  • Apr 15, 2019 9:09am Apr 15, 2019 9:09am
3925 to go long 123
  • #11,866
  • Apr 15, 2019 9:12am Apr 15, 2019 9:12am
almost stopped out bailed at -3
  • #11,867
  • Apr 15, 2019 9:17am Apr 15, 2019 9:17am
Nice trading, Divergence!
  • #11,868
  • Apr 15, 2019 9:19am Apr 15, 2019 9:19am
ym 123 378
  • #11,869
  • Apr 15, 2019 9:20am Apr 15, 2019 9:20am
+1
  • #11,870
  • Apr 15, 2019 9:29am Apr 15, 2019 9:29am
unless it pulls back in 1 minute to 2625 I am dome
  • #11,871
  • Apr 15, 2019 9:31am Apr 15, 2019 9:31am
recap +20 on nq for $600 +12 on ym for $120 overall a nice yield today
  • #11,872
  • Apr 15, 2019 9:56am Apr 15, 2019 9:56am
Just 2 trades today: -11 and -11
Unfortunately for me, both “long” on what at the end has been mostly a sell off session.

Here they are, 2 trades (SIM):

T1: long on what I think was a 123s. The price bounced nicely positive in the entry direction for a few seconds but then reversed sharply and took off short.

T2: long on what I think is a 123s at the bottom of the range at that moment. Price didn't react on the fill, and just went up and down for a while between entry and SL. I had twice the opportunity to get out at BE but didn’t do it. At the end price took me out at the SL.

Have a good day everyone.
Cheers,
J-F
Attached Image (click to enlarge)
Click to Enlarge Name: NQ Monday 15th April 2019.png Size: 104 KB
  • #11,873
  • Apr 15, 2019 11:38am Apr 15, 2019 11:38am
Quoting J-f
Just 2 trades today: -11 and -11 Unfortunately for me, both “long” on what at the end has been mostly a sell off session. Here they are, 2 trades (SIM): T1: long on what I think was a 123s. The price bounced nicely positive in the entry direction for a few seconds but then reversed sharply and took off short. T2: long on what I think is a 123s at the bottom of the range at that moment. Price didn't react on the fill, and just went up and down for a while between entry and SL. I had twice the opportunity to get out at BE but didn’t do it. At the...
Took similar myself, but on a 30 sec chart I bailed after the bar emptied. Looking at it in hindsight it was a bad trade because previous swing was taken out.

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-04-15 at 18.14.44.png Size: 18 KB
'in less than half an hour he made over 100 ticks'
  • #11,874
  • Apr 15, 2019 1:15pm Apr 15, 2019 1:15pm
Quoting J-f
Just 2 trades today: -11 and -11 Unfortunately for me, both “long” on what at the end has been mostly a sell off session. Here they are, 2 trades (SIM): T1: long on what I think was a 123s. The price bounced nicely positive in the entry direction for a few seconds but then reversed sharply and took off short. T2: long on what I think is a 123s at the bottom of the range at that moment. Price didn't react on the fill, and just went up and down for a while between entry and SL. I had twice the opportunity to get out at BE but didn’t do it. At the...
Especially the first setup is missing a critical component: a thrustbar. After the pullback candle you need to see a thrustbar candle, a strong candle in the direction of your trade. Look at the size of the first up candle after the point 3 pullback candle, it's smaller than the down candle, no thrust.

I have a note on my screen stating 1. pullback candle. 2 Thurstbar. To keep reminding myself to carefully check each setup and not just take every 123.

This weekend I was looking at this old video from Harold, it clearly shows how good setups should look like:
Inserted Video
  • #11,875
  • Apr 15, 2019 2:47pm Apr 15, 2019 2:47pm
i made a dog's breakfast of it but this is what i should have done:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 102 KB
Become the casino
  • #11,876
  • Apr 15, 2019 2:48pm Apr 15, 2019 2:48pm
Quoting Divergence
recap +20 on nq for $600 +12 on ym for $120 overall a nice yield today
great work well done
Become the casino
  • #11,877
  • Apr 15, 2019 6:20pm Apr 15, 2019 6:20pm
Quoting Divergence
recap +20 on nq for $600 +12 on ym for $120 overall a nice yield today
Are you still trading 20 second charts on YM and NQ or did you go back to 30 sec on NQ?
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #11,878
  • Apr 15, 2019 7:05pm Apr 15, 2019 7:05pm
Quoting capstone
{quote} Are you still trading 20 second charts on YM and NQ or did you go back to 30 sec on NQ?
still 20 sec but I have 30 on hand weighing either to look at both or just stick with 1
  • #11,879
  • Apr 15, 2019 7:34pm Apr 15, 2019 7:34pm
I'm looking at AMP to be able to trade the Hang Seng. Looks like they offer 4 different data feeds. Any opinions on the best feed from the AMP users here? Anything I should be aware of? The plan was to trade 9:30 PM EST to 11 PM. That should be the first hour and a half of the market. Am I correct?
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #11,880
  • Apr 15, 2019 10:21pm Apr 15, 2019 10:21pm
Quoting capstone
I'm looking at AMP to be able to trade the Hang Seng. Looks like they offer 4 different data feeds. Any opinions on the best feed from the AMP users here? Anything I should be aware of? The plan was to trade 9:30 PM EST to 11 PM. That should be the first hour and a half of the market. Am I correct?
Hi, I am based in Asia, am looking at trading this in future, for now I'm still getting to grips with NQ/YM. Think mini Hang Seng trading starts at 9:15 EST.
https://www.hkex.com.hk/Products/Lis...n#&product=MHI
11 traders viewing now