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Daily Trading Ideas

  • #44,461
  • Jan 25, 2020 6:17pm Jan 25, 2020 6:17pm
$5,000 trade break-down:

Inserted Video
instagram: stepbystepforex
  • #44,462
  • Jan 25, 2020 7:10pm Jan 25, 2020 7:10pm
Quoting akim0895
{quote} make it $1k.. then tell me.. who else ready want to burn their account???
1k account set up. I am ready
Timbeeeer & Kaboooom
  • #44,463
  • Jan 25, 2020 8:00pm Jan 25, 2020 8:00pm
Quoting teodosy87
Dear Akim, is this a correct setup? Is the limit sell orders shown correctly as we should set them Thank you, your input will be super helpful for everybody {image}
nope mate..
what pairs is that?
just for a cup of coffee...
  • #44,464
  • Jan 25, 2020 8:01pm Jan 25, 2020 8:01pm
Quoting Oanes
{quote} 1k account set up. I am ready
ready to get BURN...
just for a cup of coffee...
  • #44,465
  • Jan 25, 2020 8:05pm Jan 25, 2020 8:05pm
Quoting TonyHoney
Akim, when I analysed every markets using your method, I discovered that the market always form letters M and W. Can someone always look at the market in that formation? or what do you see to that as a great experienced trader?
i’m not expert at those formation..
i’m just follow where the setup in play and close when there a setup against my entry..
just for a cup of coffee...
  • #44,466
  • Jan 25, 2020 8:13pm Jan 25, 2020 8:13pm
Quoting akim0895
{quote} ready to get BURN...
well.. I burned few myself
why not do it together ?
Timbeeeer & Kaboooom
  • #44,467
  • Jan 25, 2020 8:14pm Jan 25, 2020 8:14pm
Quoting akim0895
{quote} nope mate.. what pairs is that?
This is Gold. Can you please explain why not ? The 5 MA is outside the BB and we have a down candle isn't this correct setups to watch ?
  • #44,468
  • Jan 25, 2020 8:16pm Jan 25, 2020 8:16pm
Again gold but this time H1 view ...
Attached Image (click to enlarge)
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  • #44,469
  • Jan 25, 2020 8:18pm Jan 25, 2020 8:18pm
Quoting TonyHoney
Akim, when I analysed every markets using your method, I discovered that the market always form letters M and W. Can someone always look at the market in that formation? or what do you see to that as a great experienced trader?
I tried a trading mentor/group that traded M/W formations, and if you dont know what you're doing (I didn't at the time) it can burn you if you keep trying. Typically from what I got was you use the M/W formation with:

Key levels
S&R
Trendline breakouts
etc.. .


TBH, I didn't like it too much, a lot of false signals, it's not a good idea to just use that as an entry...unless you're scalping like 1-2 pips. IMO.
  • #44,470
  • Jan 25, 2020 8:21pm Jan 25, 2020 8:21pm
Quoting akim0895
{quote} ola mate... depend how traders comfortable with.. for me i not look a freeze charts at weekends better i read a book or do others relaxing stuff.. still lots of time to analysisi those charts at early market open..also what weekends charts show is same what its show to us couple day back.. i’m not good at analysis or prediction.. i’m only wait for price action to show me the way much better find out n improve what mistake we do that cause our loss or miss a good train.. good analysis or prediction but still make a same habit or mistake again...
I'm starting to know what you mean by this more and more. Predicting can lead to fixed mindset....

I really need to learn patience. So many winning trades I get out of after 10-20 pips... I'm starting to trade 0.5-1 lots...but... I think I should work on holding longer? Or just scalp?
  • #44,471
  • Jan 25, 2020 8:31pm Jan 25, 2020 8:31pm
Quoting teodosy87
{quote} This is Gold. Can you please explain why not ? The 5 MA is outside the BB and we have a down candle isn't this correct setups to watch ?
that correct..
your earlier posting nope
just for a cup of coffee...
  • #44,472
  • Jan 25, 2020 8:34pm Jan 25, 2020 8:34pm
Quoting akim0895
{quote} that correct.. your earlier posting nope
Thank you a lot for your input ))
  • #44,473
  • Jan 25, 2020 8:37pm Jan 25, 2020 8:37pm
Quoting Ra.
{quote} I'm starting to know what you mean by this more and more. Predicting can lead to fixed mindset.... I really need to learn patience. So many winning trades I get out of after 10-20 pips... I'm starting to trade 0.5-1 lots...but... I think I should work on holding longer? Or just scalp?
different traders will have different style of trading..
just scalps..how long will take us to grow our margin?
so in forex some time we need to be greedy..
just for a cup of coffee...
  • #44,474
  • Jan 25, 2020 8:38pm Jan 25, 2020 8:38pm
Quoting teodosy87
Again gold but this time H1 view ... {image}
this h1 clear view for bear setup
just for a cup of coffee...
  • #44,475
  • Jan 25, 2020 8:46pm Jan 25, 2020 8:46pm
Quoting Ra.
{quote} I'm starting to know what you mean by this more and more. Predicting can lead to fixed mindset.... I really need to learn patience. So many winning trades I get out of after 10-20 pips... I'm starting to trade 0.5-1 lots...but... I think I should work on holding longer? Or just scalp?
if still fighting with confident reduce your lots for mid/long term trading..that can help to reduce the pressure..
don’t fixed our mind at one way of trading..
that one of way that may lead to MC..
i already slowdown my trading
if not i can show when i trading for both side at same time..
just for a cup of coffee...
  • #44,476
  • Jan 25, 2020 8:47pm Jan 25, 2020 8:47pm
Dear Akim,

Is this a reason for your resent trade on gold ? Is this a correct thinking .... based on your trading ...
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  • #44,477
  • Jan 25, 2020 8:48pm Jan 25, 2020 8:48pm
Quoting Oanes
{quote} well.. I burned few myself why not do it together ?
will BURN fast...
just for a cup of coffee...
  • #44,478
  • Jan 25, 2020 8:49pm Jan 25, 2020 8:49pm
Quoting teodosy87
Dear Akim, Is this a reason for your resent trade on gold ? Is this a correct thinking .... based on your trading ... {image}
yes..
one of the reason
just for a cup of coffee...
  • #44,479
  • Jan 25, 2020 8:51pm Jan 25, 2020 8:51pm
Quoting akim0895
{quote} yes.. one of the reason
Is there any other reason ?
  • #44,480
  • Jan 25, 2020 8:54pm Jan 25, 2020 8:54pm
Quoting teodosy87
{quote} Is there any other reason ?
yes..
this from monthly..
as long monthly still in play
i stay with that setup..
until it close next week..
then if bear fail push back so will wait for another setup
till then...i stick with its
take care
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just for a cup of coffee...
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