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"Price - Structure - Flow"

  • #841
  • Jun 9, 2020 10:41am Jun 9, 2020 10:41am
Quoting stevepatt
Ger.30 M5/M1 Short Trade {image}
Ger.30 M5/M1 Short Trade Result

+20 Pips +2%

When things go as expected it is easy to post results and a chart but when things don't go as expected it is not always possible to post the reverse Trade Live because I am more focused on getting into the Reverse Trade than posting.
Attached Image (click to enlarge)
Click to Enlarge Name: 9th June 20 Ger.30 M5M1 Short Trade Result 3.png Size: 123 KB
  • #842
  • Jun 9, 2020 10:57am Jun 9, 2020 10:57am
Quoting Zrupea
{quote} Can you please share your thought for this trade - switched trend bias? I either see Price will go down and only short opportunity as previuos structure did LL and LH. I can't see why we should go Long. Thanks in advance {image} {image}
Hi Zrupea,

I hope the Chart below explains my logic behind the Switch from a Short Bias to a Long Bias
Attached Image (click to enlarge)
Click to Enlarge Name: 9th June 20 Ger.30 M5 Observations.png Size: 118 KB
  • #843
  • Jun 9, 2020 12:15pm Jun 9, 2020 12:15pm
Ger.30 M5 Observations

Getting too late in the day to Trade now, I learnt that lesson yesterday.

It is just to demonstrate what I am looking for.
Attached Image (click to enlarge)
Click to Enlarge Name: 9th June 20 Ger.30 M5 Observations 2.png Size: 100 KB
  • #844
  • Jun 9, 2020 12:29pm Jun 9, 2020 12:29pm
Quoting stevepatt
Ger.30 M5 Observations Getting too late in the day to Trade now, I learnt that lesson yesterday. It is just to demonstrate what I am looking for. {image}
Long Bias remains intact.
Attached Image (click to enlarge)
Click to Enlarge Name: 9th June Ger.30 M5 Observations 3.png Size: 90 KB
  • #845
  • Jun 9, 2020 1:10pm Jun 9, 2020 1:10pm
Quoting stevepatt
{quote} Long Bias remains intact. {image}
Ger.30 M5 Observations

Bias Switches to Short
Attached Image (click to enlarge)
Click to Enlarge Name: 9th June 20 Ger.30 m5 Observations 3.png Size: 86 KB
  • #846
  • Jun 9, 2020 1:59pm Jun 9, 2020 1:59pm
Quoting stevepatt
{quote} Ger.30 M5 Observations Bias Switches to Short {image}
Ger.30 M5 Observations

Bias Switches back to Long
Attached Image (click to enlarge)
Click to Enlarge Name: 9th June 20 Ger.30 M5 Observations 4.png Size: 97 KB
  • #847
  • Jun 9, 2020 2:09pm Jun 9, 2020 2:09pm
Quoting stevepatt
{quote} Ger.30 M5 Observations Bias Switches back to Long {image}
Ger.30 M5 Observations

Be prepared to cut the Long and Enter Short
Attached Image (click to enlarge)
Click to Enlarge Name: 9th June 20 Ger.30 M5 Observations 5.png Size: 91 KB
  • #848
  • Jun 9, 2020 2:41pm Jun 9, 2020 2:41pm
Quoting stevepatt
{quote} Ger.30 M5 Observations Be prepared to cut the Long and Enter Short {image}
Ger.30 M5 Observations

Short Bias

Every Trade highlighted would have made at least +20 Pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 9th June 20 Ger.30 M5 Observations 6.png Size: 101 KB
  • #849
  • Jun 10, 2020 1:04am Jun 10, 2020 1:04am
Ger.30 M5/M1 Short Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 10th June 20 Ger.30 M5M1 Short Trade.png Size: 103 KB
  • #850
  • Jun 10, 2020 1:09am Jun 10, 2020 1:09am
Quoting stevepatt
Ger.30 M5/M1 Short Trade {image}
Ger.30 M5/M1 Short Trade Result

+20 Pips +2%
Attached Image (click to enlarge)
Click to Enlarge Name: 10th June 20 Ger.30 M5M1 Short Trade Result.png Size: 93 KB
  • #851
  • Jun 10, 2020 1:26am Jun 10, 2020 1:26am
Ger.30 M5 Observations

I won't be around to Trade it but it will be interesting to see how the Break plays out....
Attached Image (click to enlarge)
Click to Enlarge Name: 10th June 20 Ger.30 M5 Observations.png Size: 87 KB
  • #852
  • Jun 10, 2020 8:47am Jun 10, 2020 8:47am
Hi Stevepatt,

Big lesson for me today, I just got taken out by less than a pip cause I don't look into M1 for Entry.

I did pending the price broke out on M5 structure. Should be done better if I looked and marked structure on M1 too.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-06-10_20_36_12-USDCAD_Mistake.png Size: 67 KB
  • #853
  • Jun 10, 2020 10:29am Jun 10, 2020 10:29am
Ger.30 M5/M1 Long Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 10th June 20 M5M1 Long Trade.png Size: 119 KB
  • #854
  • Jun 11, 2020 11:54am Jun 11, 2020 11:54am
Ger.30 M5/M1 Trades

I didn't have the time to Post the first Trade Live because it turned against me too quickly.

When this happens I have to focus on the Trading not the Posting.

The Chart below shows the series of Trades I took to get back into Profit

Net +10 Pips +1%

It was a similar situation with last nights Trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 11th June 20 Ger.30 M5M1 Trades.png Size: 160 KB
  • #855
  • Jun 15, 2020 10:50am Jun 15, 2020 10:50am
Ger.30 M5/M1 Long Trade and Short Trade

Long Trade = +20 Pips +2%

Short Trade = +20 Pips +2%

I've upgraded my Platform so it's not so easy for me to Post Trades Live, getting used to how everything works.
Attached Image (click to enlarge)
Click to Enlarge Name: 15th June 20 Ger.30 M5M1 Long Trade and Short Trade.png Size: 87 KB
  • #856
  • Jun 16, 2020 1:27am Jun 16, 2020 1:27am
M5/M1 Ger.30 Observations

I probably won't be around to Trade the Break
Attached Image (click to enlarge)
Click to Enlarge Name: 16th June 20 Ger.30 M5M1 Observations.png Size: 154 KB
  • #857
  • Jun 17, 2020 11:18am Jun 17, 2020 11:18am
Ger.30 M5/M1 Long Short Trades

I had a Losing Long Trade yesterday (-3.5%)

When Price Reversed and and took me out the other side of the M5 Pattern I Stopped and Reversed my Long Trade to Short

I Exited the Short Trade Trade for +4% a Net return of +0.5%

Today I cocked up and Pressed Short instead of Long I waited for Price to return to my Entry Point and Stopped and Reversed my Position to Long

I Exit for +20 Pips +2%

With the new Platform and having to watch my Trades very closely I will not be able to Post Trades Live any more.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 16th June 20 Ger.30 M5M1 LongShort Trade.png Size: 65 KB
Click to Enlarge Name: 17th June 20 Ger.30 Long Trade.png Size: 164 KB
  • #858
  • Jun 18, 2020 11:11am Jun 18, 2020 11:11am
Ger.30 M5/M1 Short Trade

Entered Short at 12,267.2 Exited at 12,247.2

+20 Pips +2%
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 18th June 20 Ger.30 M5M1 Short Trade 2.png Size: 82 KB
Click to Enlarge Name: 18th June 20 ger.30 M5M1 Short Trade Result.png Size: 63 KB
  • #859
  • Jun 22, 2020 9:00am Jun 22, 2020 9:00am
Hi Stevepatt,

Keep learning from your Observation, and Trade. After loss many trades, now my luck comes back.

Firstly, I look price break low or break any high, then I see it comes back to test the break, and selling break M1 High structure. I take a risk to enter, it seem a bit early. However, after look into M1. Then I see price does Lower High. I quite sure it will go down, actually I should enter here.

SELL GBPJYP with RR:2:1. TP: 20 pip, SL= 9.6 (bit hectic, try to drag SL to 10 pip)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2020-06-22_20_30_56-GBPJPY_M5.png Size: 52 KB
Click to Enlarge Name: 2020-06-22_20_35_31-GBPJPY_M1.png Size: 61 KB
  • #860
  • Jun 24, 2020 9:18am Jun 24, 2020 9:18am
Hi Stevepatt,

I hope you are trading well.

I'm good on Long USDCAD today.

As I notice an orderflow moved price to Lower High, then i want observe the next low structure. However, when i look into M1 structure. I find price is doing Lower high. So i risk to enter before price break out M5 structure.

Please see picture and feel free to comment.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2020-06-24 20_40_26-USDCAD_M5.png Size: 63 KB
Click to Enlarge Name: 2020-06-24 20_50_00-USDCAD_M1.png Size: 50 KB
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