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Spoof's Trend, Level, Signal Trading Journal

  • #81
  • Sep 20, 2019 12:27pm Sep 20, 2019 12:27pm
Quoting TheSpoof
Age old dilemma {image}
Yes and Yes. Lock in a percentage of the profit and let the rest ride.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #82
  • Sep 20, 2019 1:01pm Sep 20, 2019 1:01pm
Quoting Ibar51
{quote} Took those 2 trades {image}{image}{image}
Update on trades. EurAUd has done nothing may close. The trades were plus $ 300 at one stage yesterday and went down to $80 the temptation to close was very strong when you see profit disappearing but at present up $620.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPY.proH4.png Size: 40 KB
Click to Enlarge Name: AUDUSD.proH4.png Size: 57 KB
Click to Enlarge Name: EURAUD.proH4.png Size: 37 KB
  • #83
  • Sep 20, 2019 1:12pm Sep 20, 2019 1:12pm
Here is a trade I had reached my TP and then I did not reenter and I should have and it is annoying me as it met all the criteria.
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader - AxiTrader.png Size: 65 KB
  • #84
  • Sep 21, 2019 12:07am Sep 21, 2019 12:07am
[quote=TheSpoof;12483170]Guilty as charged and lessons learned. No more indicator trading for me.

You opened my eyes I quit indicators too. Your journal is a great help for me.
  • #85
  • Edited 8:09am Sep 21, 2019 6:32am | Edited 8:09am
[quote=RichardB422;12516168]
Quoting TheSpoof
Guilty as charged and lessons learned. No more indicator trading for me. You opened my eyes I quit indicators too. Your journal is a great help for me.
Yes...they are entirely unnecessary. At the end of the day they are all lagging derivatives of price and tell us nothing that the charts are already showing.
Emotion - it steals your money.
  • #86
  • Sep 21, 2019 8:51pm Sep 21, 2019 8:51pm
[quote=TheSpoof;12516386]
Quoting RichardB422
{quote} Yes...they are entirely unnecessary. At the end of the day they are all lagging derivatives of price and tell us nothing that the charts are already showing.
Some indicators lag, not all.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #87
  • Sep 22, 2019 7:13am Sep 22, 2019 7:13am
Attached Image (click to enlarge)
Click to Enlarge Name: 59D508E3-1723-45EE-94D9-F5CCE51625A5.jpeg Size: 352 KB
Emotion - it steals your money.
  • #88
  • Sep 22, 2019 8:47am Sep 22, 2019 8:47am
Here is a video showing how I am trading now. It is really simple and straight forward probably the easiest trading I have done. Basically I have taken traditional support and resistance ideas and really narrowed down the levels I am trading to the most recent ones and I use those to trade from in the direction of the 4 hour trend.

Inserted Video
Emotion - it steals your money.
  • #89
  • Sep 22, 2019 11:43am Sep 22, 2019 11:43am
Quoting TheSpoof
Here is a video showing how I am trading now. It is really simple and straight forward probably the easiest trading I have done. Basically I have taken traditional support and resistance ideas and really narrowed down the levels I am trading to the most recent ones and I use those to trade from in the direction of the 4 hour trend. https://youtu.be/NZmBzF4cdAA
Very good explained. What's the name of your arrow indicator?
  • #90
  • Sep 22, 2019 12:02pm Sep 22, 2019 12:02pm
Quoting kofix11
{quote} Very good explained. What's the name of your arrow indicator?
Thanks. Oh, that is a custom indicator I had programmed that shows me rejection candles. Basically if a candle makes a higher high than the previous candle and closes lower than its own open I will get a signal or if a candle makes a lower low than the previous candle and closes above its own open I will get a signal. I don't really use it for trade entries...just more as a confirmation that price has rejected the previous high or low.
Emotion - it steals your money.
  • #91
  • Sep 22, 2019 12:03pm Sep 22, 2019 12:03pm
Quoting TheSpoof
{quote} Thanks. Oh, that is a custom indicator I had programmed that shows me rejection candles. Basically if a candle makes a higher high than the previous candle and closes lower than its own open I will get a signal or if a candle makes a lower low than the previous candle and closes above its own open I will get a signal. I don't really use it for trade entries...just more as a confirmation that price has rejected the previous high or low.
OK. Thanks, I thought so too... just as an information.
  • #92
  • Sep 22, 2019 12:44pm Sep 22, 2019 12:44pm
Here are the pairs and levels I am waiting for set ups on this week. Primarily rejection candles at the circled areas but also for inside candles or rejections off the 20 EMA. Lots of nice trends going into this week
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD+H4.png Size: 89 KB
Click to Enlarge Name: NZDUSD+H4.png Size: 84 KB
Click to Enlarge Name: EURAUD+H4.png Size: 91 KB
Click to Enlarge Name: EURNZD+H4.png Size: 87 KB
Click to Enlarge Name: EURJPY+H4.png Size: 94 KB
Emotion - it steals your money.
  • #93
  • Sep 22, 2019 12:54pm Sep 22, 2019 12:54pm
These are my trades still going from last week:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPY+H4.png Size: 97 KB
Click to Enlarge Name: NZDJPY+H4.png Size: 101 KB
Emotion - it steals your money.
  • #94
  • Sep 22, 2019 1:08pm Sep 22, 2019 1:08pm
Here is an example of how I use the EMAs to determine the conditions I want to be trading in. This chart only shows the EMAs and it is very clear when you should be trading and when to stay away. I only want to be trading when the EMA's start to slope and separate from each other and then I simply look for my price action set ups at areas of value along the trends. Easy peasy. It's not glamorous or sexy or exciting it is simply just about patience and letting the market tell you when she has money available for the taking
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 89 KB
Emotion - it steals your money.
  • #95
  • Sep 22, 2019 1:58pm Sep 22, 2019 1:58pm
EURUSD is a complete mess so I am not even looking at it these days. GBPJPY uptrend is now damaged with a big move below the 20 EMA and the Guppies are all converged so I will wait until either the down move starts to show strength or the uptrend resumes.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD+H4.png Size: 100 KB
Click to Enlarge Name: GBPJPY+H4.png Size: 83 KB
Emotion - it steals your money.
  • #96
  • Sep 22, 2019 11:38pm Sep 22, 2019 11:38pm
Hello TheSpoof,
Always as relevant your explanations. Thank you!
What EMA collisions do you use?
thank you in advance
Best regards
  • #97
  • Sep 23, 2019 5:50am Sep 23, 2019 5:50am
Quoting rch05
Hello TheSpoof, Always as relevant your explanations. Thank you! What EMA collisions do you use? thank you in advance Best regards
The EMAs are the 3, 5, 8, 10, 12, 15 and 20 period.
Emotion - it steals your money.
  • #98
  • Sep 23, 2019 6:42am Sep 23, 2019 6:42am
  • #99
  • Sep 23, 2019 10:24am Sep 23, 2019 10:24am
my contribution
AUD/USD en D1
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-USD D1.JPG Size: 119 KB



AUD/USD en H4
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-USD H4.JPG Size: 132 KB
  • #100
  • Sep 23, 2019 10:29am Sep 23, 2019 10:29am
EUR/NZD en D1
Attached Image (click to enlarge)
Click to Enlarge Name: EUR -NZD.JPG Size: 102 KB


AUD/NZD en D1
Attached Image (click to enlarge)
Click to Enlarge Name: AUD - NZD.JPG Size: 123 KB


EUR/JPY en D1
Attached Image (click to enlarge)
Click to Enlarge Name: EUR - JPY.JPG Size: 117 KB


Thank you in advance for your comments
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