You more trade manual our use EA ?
- | Joined Apr 2017 | Status: Member | 511 Posts
All the very best with your thread and trading, Suranga 
Private Msgs are turned off to weirdos, loafs and brain drainers
USDJPY post-mortem
Killed the trade for no loss.The PRICE ACTION shows a signs of weakness. Made a mistake here. As my initial analysis charts did not have 108.132 resistance drawn. If I had them then I would not have traded in to that. Even though Strat shadow shows Buyers the PRICE seams like loosing momentum. Capital preservation No.1 priority.
Killed the trade for no loss.The PRICE ACTION shows a signs of weakness. Made a mistake here. As my initial analysis charts did not have 108.132 resistance drawn. If I had them then I would not have traded in to that. Even though Strat shadow shows Buyers the PRICE seams like loosing momentum. Capital preservation No.1 priority.
Focus, Patience, Discipline, Determination and Perseverance
NZDUSD Post mortem
As I had to leave the charts and not able to check the charts ....I wanted to take some profits off the table and make other break even, But done a mistake...closed all the trades.any how...profits are profits.. learned the lesson
As I had to leave the charts and not able to check the charts ....I wanted to take some profits off the table and make other break even, But done a mistake...closed all the trades.any how...profits are profits.. learned the lesson
Focus, Patience, Discipline, Determination and Perseverance
AUDUSD Post mortem
This is a bit risky trade.I should have waited for a proper PRICE ACTION. Seams I was greed for some pips. which is not very helpful with trading . Capital preservation should be No.1 priority. As I wasn't comfortable with it I closed it for 8 pips profit. which is nothing
This is a bit risky trade.I should have waited for a proper PRICE ACTION. Seams I was greed for some pips. which is not very helpful with trading . Capital preservation should be No.1 priority. As I wasn't comfortable with it I closed it for 8 pips profit. which is nothing
Focus, Patience, Discipline, Determination and Perseverance
{quote} Lucky you.. look at the pullback now.
Yes ,But I figured PRICE always (or mostly) give us a hint .check 0.63232 level in the past and see the H1 PA and that BUEB. if we trading H1 time frame then that would be enough to take a action. But I didn't have that line on my chart because I entered with Daily chart. I figured NZDCAD having trouble to break .8397 level because of the wick of that exit candle
Focus, Patience, Discipline, Determination and Perseverance
- | Joined Apr 2017 | Status: Member | 511 Posts
NZDUSD Post mortem As I had to leave the charts and not able to check the charts ....I wanted to take some profits off the table and make other break even, But done a mistake...closed all the trades.any how...profits are profits.. learned the lesson {image}
I pretty much trade these set ups exclusively now. I look for H1 highs (or lows) during London and then wait for the failures. Using BASIC PASR and the higher timeframe trend direction (that our mentor taught us
).Using very disciplined and defensive trade management I'm achieving very high win rates (which are really limiting losses) and the trades that catch on are the paychecks.
I do this every day; day in, day out and do not allow myself to be distracted by anything or anyone, including forums
.
Private Msgs are turned off to weirdos, loafs and brain drainers
{quote} Well done Suran. I was in the same trade. I pretty much trade these set ups exclusively now. I look for H1 highs (or lows) during London and then wait for the failures. Using BASIC PASR and the higher timeframe trend direction (that our mentor taught us
This is pretty good way to find the trend continuation. thanks for the insight.
Suranga
BTW. May be I will post your chart and comments in the main thread so others can also benefit from it.
Focus, Patience, Discipline, Determination and Perseverance
{quote} Well done Suran. I was in the same trade. I pretty much trade these set ups exclusively now. I look for H1 highs (or lows) during London and then wait for the failures. Using BASIC PASR and the higher timeframe trend direction (that our mentor taught us
I know you have carved out your own way of trading strat's method but I would really appreciate if you post a few more of your trades. I find them very interesting.
Thanks
For many months I was concentrating on futures market and the order flow. I was dumbfounded by the fact how big players deceive the small fish like us . And then eat us for their lunch.
below quote is from another thread I read ( The equilibrium, a key to success) , Any body who want to know more I would suggest to learn how order flow works.Be warned it will be a hard work.Many months of tears.and sleepless nights.Then one day you might see the light at the end of the tunnel . However this is that quote..
"Many years ago I thought that with the pure candle chart I would be able to determine trends and resistance zones. Through the exact analysis of the futures data with my prop software, I came to the conclusion that there are actually no trends and no real resistance zones. The resistance zones that we see are initiated by the big players to deceive us and alleged trends are there to mislead dump money."
This post is to anybody to whom it may concern..Do you want to trade with the big players ..or want to be their lunch? choice is yours..
P.S. To any of my previous buddies who was learning with me ...you guessed it right..this is me saying bye bye to PASR (Well I said bye bye to this lot early).And to this journal..I learned a lot . and specially learned a lot about how it is not going to work. And really greatful to the people who dedicated their time and effort to teach.May be PASR work for them.but not for me. Even though it took couple of years of my life to figure it out. luckily I was one of those people who didn't waste my hard earned money to figure it out.
Many Pips and good health..(wear your mask..
)
Suranga
below quote is from another thread I read ( The equilibrium, a key to success) , Any body who want to know more I would suggest to learn how order flow works.Be warned it will be a hard work.Many months of tears.and sleepless nights.Then one day you might see the light at the end of the tunnel . However this is that quote..
"Many years ago I thought that with the pure candle chart I would be able to determine trends and resistance zones. Through the exact analysis of the futures data with my prop software, I came to the conclusion that there are actually no trends and no real resistance zones. The resistance zones that we see are initiated by the big players to deceive us and alleged trends are there to mislead dump money."
This post is to anybody to whom it may concern..Do you want to trade with the big players ..or want to be their lunch? choice is yours..
P.S. To any of my previous buddies who was learning with me ...you guessed it right..this is me saying bye bye to PASR (Well I said bye bye to this lot early).And to this journal..I learned a lot . and specially learned a lot about how it is not going to work. And really greatful to the people who dedicated their time and effort to teach.May be PASR work for them.but not for me. Even though it took couple of years of my life to figure it out. luckily I was one of those people who didn't waste my hard earned money to figure it out.
Many Pips and good health..(wear your mask..
)Suranga
Focus, Patience, Discipline, Determination and Perseverance
Forget about my last post (I was flipping smoking some thing) I am resurrecting this Journal..I need a place to post about what's going my head
GBPAUD
Last year or two I was into Futures trading(ES). Really interested in that market now. Below is what I am seeing(set up is two monitor system,hoping to get another one monitor). The good thing about this market is ,it has lot of liquidity and momentum. Most days with in a half an hour my trading is over. Having said that you need to be extremely careful some days .otherwise your account can be wiped off within a day or two.. My PASR course (and some others) gave me a good foundation for this market and I really grateful for Strat (and others) for that. Hats off Coach! Any body who want to learn PASR I really recommend Strat's PASR .which is completely free.. You don't need to pay any dam money people. Just read..that's all what you need to do..
GBPAUD
Last year or two I was into Futures trading(ES). Really interested in that market now. Below is what I am seeing(set up is two monitor system,hoping to get another one monitor). The good thing about this market is ,it has lot of liquidity and momentum. Most days with in a half an hour my trading is over. Having said that you need to be extremely careful some days .otherwise your account can be wiped off within a day or two.. My PASR course (and some others) gave me a good foundation for this market and I really grateful for Strat (and others) for that. Hats off Coach! Any body who want to learn PASR I really recommend Strat's PASR .which is completely free.. You don't need to pay any dam money people. Just read..that's all what you need to do..
Focus, Patience, Discipline, Determination and Perseverance
