Market Structure Only- keep your charts clean | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/NZD, GBP/USD

Similar Threads

Why your broker is your friend and your enemy 8 replies

Forex Market Structure and Dealers 3 replies

Setup Your TradingView Charts To Be Efficient With Your Time 6 replies

Charts, Charts, Charts! 1 reply

Market Structure Question 26 replies

Attachments: Market Structure Only- keep your charts clean
Exit Attachments

Market Structure Only- keep your charts clean

  • #221
  • Mar 31, 2021 2:21pm Mar 31, 2021 2:21pm
Quoting nikosk0
NEVER EVER PAY FOR SIGNALS, i have no idea how that scammer found me but anyway 70 pip stop for 40pip tp1 {image} {image}
I never pay for those fucking scammers,, I never use any "magic systems",, I never learn any favorite indicators MACD EMA ect ect..
This is how i trade and i keep that way in 20 yrs trading recently,, this way is good for me but most of traders in this FF ignored me
Work Smart, Don't Work Hard.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 49 KB
BullShit BearShit
  • #222
  • Mar 31, 2021 2:31pm Mar 31, 2021 2:31pm
Quoting etrade360
{quote} I never pay for those fucking scammers,, I never use any "magic systems",, I never learn any favorite indicators MACD EMA ect ect.. This is how i trade and i keep that way in 20 yrs trading recently,, this way is good for me but most of traders in this FF ignored me Work Smart, Don't Work Hard. {image}
dont tell me you keep the long from that low????????????????

WOW
utmost respect !!

yes, dont change what wins
offering my system to copy trade. check my link
  • #223
  • Edited 3:23pm Mar 31, 2021 2:56pm | Edited 3:23pm
Quoting nikosk0
{quote} dont tell me you keep the long from that low???????????????? WOW utmost respect !! yes, dont change what wins
just the time i focus to sure the trend is ended,, it's time to use japanese candlestick for confirmation, i need to see Doji sticks around at H-Line 800pips to make decision to get out Long position or continue to keep it. Because the trend runs almost 800pips and it needs to exhaust. After that, it will continues go up trend or go down trend ?? honestly i tell you that i don't know. We'll see it later.
BullShit BearShit
  • #224
  • Mar 31, 2021 5:13pm Mar 31, 2021 5:13pm
Just patient guys,, hold your fire,, and wait
Attached Image (click to enlarge)
Click to Enlarge Name: download (15).png Size: 70 KB
BullShit BearShit
  • #225
  • Mar 31, 2021 9:08pm Mar 31, 2021 9:08pm
Quoting nikosk0
{quote} thanks mate. a year maybe 2 i dont know. i hope i will not take more but so far i am ahead of the schedule. i have set some targets to meet before i quit. set a few hundred thousand €€ aside, (you never know when the prop firm model is gonna blow up) make familly comfortable for the next 10 years be steady at least +10%/month over the course of at least 6-8 months, build a solid track record unmatched by any other manual trader build my funded accounts up to 2.000.000 set a bussines to legalise the profits i dont think about it for now cause...
Lol that's a damn good plan. Taking full advantage of what you could gain from these props till something goes wrong. If one could save up only 50k-100k from profits before then, that'd be great to earn and keep a 100% of it.

I think your plan is very doable. All that matters now is the monthly consistency and discipline to follow and respect the strategy which already works.

Quoting etrade360
Just patient guys,, hold your fire,, and wait {image}
Lol man, 800pips looks good but I can't do this anymore. I don't have the patience to trade the Daily and hold trades for days or even weeks.
I started off trading only the 4hr charts and it was fun for a while but I remember how I would be consumed by anxiety whenever there was a long period of consolidation or retracement. Kudos!!
  • #226
  • Apr 1, 2021 1:22am Apr 1, 2021 1:22am
Quoting nikosk0
there are a couple of reasons i start this thread. 1. i am bored 2. i am tired of people complaining about brokers traiding against them 3. all i know i learned free on the internet, i never paid for anything. time to give somethign back i do not have telegram, twitter, instagram or anything, you will never find me, i will only post here when i feel like it. i made a quick search on the site and i did not find a similar thread so i will start this one. --------------- rules for trading 1. never risk more than 1% of your account in a single trade,...
Trade Manager EA.ex4 Super useful good tool I have been looking for a very long time, thank you for that !!!!
  • #227
  • Apr 1, 2021 3:08am Apr 1, 2021 3:08am
Missed entry on GBPCAD. Already at 1:8R within only 15 minutes.
Was looking at another pair.. Phew!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2021-04-01-09-04-43.png Size: 112 KB


Edit - 2.5R.
  • #228
  • Edited 3:26am Apr 1, 2021 3:13am | Edited 3:26am
Quoting Koop
Missed entry on GBPCAD. Already at 1:8R within only 15 minutes. Was looking at another pair.. Phew! {image}
better than mine, distracttions came in and didnt lock my trade on gu at 1rr. took a full loss after a while

bad way to start of the day but cant expect everything to work
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 61 KB
Click to Enlarge Name: Screenshot_2.jpg Size: 43 KB
offering my system to copy trade. check my link
  • #229
  • Apr 1, 2021 3:30am Apr 1, 2021 3:30am
Quoting nikosk0
{quote} better than mine, distracttions came in and didnt lock my trade on gu at 1rr. took a full loss after a while bad way to start of the day but cant expect everything to work {image} {image}
You entered earlier than usual too.
Never a good feeling to start the day with a loss.
I personally tend to lose the next trade I take after missing a good one.
Gonna try to avoid that today.
  • #230
  • Edited 4:38am Apr 1, 2021 4:24am | Edited 4:38am
Quoting Koop
{quote} You entered earlier than usual too. Never a good feeling to start the day with a loss. I personally tend to lose the next trade I take after missing a good one. Gonna try to avoid that today.
it was ok, retest of the broken structure and it reacted well exactly were i entered.
it is just one of those days.

havent taken a second trade yet, nothing i like perosnaly and i dont want to risk a second loss in a row.

today is all about 1m even 5m is shit

there was this long but it happened so fast that by the time i finised cakculating my lot size it was gone
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.jpg Size: 67 KB
offering my system to copy trade. check my link
  • #231
  • Edited 9:08am Apr 1, 2021 8:55am | Edited 9:08am
Pretty annoying day.
3 successful but missed trades
1 loss.

Just entered EURCAD short on 5m.
3R target.
Attached Image (click to enlarge)
Click to Enlarge Name: _20210401_145108.jpg Size: 177 KB


___________
Edit - SL moved to B.E with profits at 1.5R.

Attached Image (click to enlarge)
Click to Enlarge Name: _20210401_150702.jpg Size: 188 KB
  • #232
  • Apr 1, 2021 9:18am Apr 1, 2021 9:18am
"if you dream that with 1k you can become a millionare you can forget it 1k-3k-9k-27k-81k-243k-729k-2.1m in 8 years WITH the smallest capital, with the smallest possible risk, worst case scenario."

Please stop telling everyone this opinion... just because you have not done it does not make your opinion true.. I know someone who's turned $500 into over $850,000+ and then turn that into over $1 million in profit IN UNDER 1 YEAR... he did it twice!!!
  • #233
  • Apr 1, 2021 9:22am Apr 1, 2021 9:22am
Quoting nikosk0
{quote} It was OK, retest of the broken structure, and it reacted well exactly where I entered. It is just one of those days. Haven't taken a second trade yet, nothing I like personally, and I don't want to risk a second loss in a row. Today is all about 1 m even 5 m is shit there was this long, but it happened so fast that by the time I finished calculating my lot size it was gone {image}
Nikosk0 I use these scripts. You can amend to several values (SL, TP) and save them. When needed just click on the most suitable value to place a trade.
Attached File(s)
File Type: mq4 Buy 10.mq4   2 KB | 447 downloads
File Type: mq4 Sell 10.mq4   2 KB | 402 downloads
  • #234
  • Edited 10:00am Apr 1, 2021 9:48am | Edited 10:00am
Quoting DojiSan
"if you dream that with 1k you can become a millionare you can forget it 1k-3k-9k-27k-81k-243k-729k-2.1m in 8 years WITH the smallest capital, with the smallest possible risk, worst case scenario." Please stop telling everyone this opinion... just because you have not done it does not make your opinion true.. I know someone who's turned $500 into over $850,000+ and then turn that into over $1 million in profit IN UNDER 1 YEAR... he did it twice!!!
i also know someone that did it 70 times.
nik the greek.
he was a gambler

(it can be done, the math is there to prove it. the psycological factor is the big issue)

Quoting Koop
Pretty annoying day. 3 successful but missed trades 1 loss. Just entered EURCAD short on 5m. 3R target. {image} ___________ Edit - SL moved to B.E with profits at 1.5R. {image}
i fell asleep, got tired of waiting for a second trade. i might not even get one. took one swing trade for fun. ec looks good, congrats.

edit. i found my trade yeeee, so happy! eu
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 96 KB



Quoting snail69
{quote} Nikosk0 I use these scripts. You can amend to several values (SL, TP) and save them. When needed just click on the most suitable value to place a trade. {file} {file}
thanks man but i use mt5 and havent found nothng that fits me yet. unless i pay for it ofc
offering my system to copy trade. check my link
  • #235
  • Apr 1, 2021 10:10am Apr 1, 2021 10:10am
[quote=nikosk0;13478595]{quote} i also know someone that did it 70 times. nik the greek. he was a gambler (it can be done, the math is there to prove it. the psycological factor is the big issue) {quote}

I agree...
  • #236
  • Edited 11:52am Apr 1, 2021 10:21am | Edited 11:52am
lesson time
all that u know, if u want to trade this sytem, throw it out of the window. forget everything

i refer as "seristance" or "sort gatherring area" but its not. it is just an area of interest for those who know how how to trade. a place with a lot of liquidity
liquidity=pending orders.

market structure is the only way in my humble opinion to identify such zones and corectly trade them

works on all ttimeframes
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 103 KB


and here is the orderbook that just proves my point
Attached Image (click to enlarge)
Click to Enlarge Name: fcx.jpg Size: 54 KB
offering my system to copy trade. check my link
  • #237
  • Apr 1, 2021 12:23pm Apr 1, 2021 12:23pm
Quoting Koop
Pretty annoying day. 3 successful but missed trades 1 loss. Just entered EURCAD short on 5m. 3R target. {image} ___________ Edit - SL moved to B.E with profits at 1.5R. {image}
EURCAD trade came 5 pips close to 3R target and reversed. Stopped out at 1R.
Shit!!!

Does anyone know or use any efficient trailing stop techniques?

new trade - GBPJPY short. 3R target. (SL at B.E)
Will gladly take 2R to round up this rubbish day.
Attached Image (click to enlarge)
Click to Enlarge Name: _20210401_182505.jpg Size: 105 KB
  • #238
  • Apr 1, 2021 1:46pm Apr 1, 2021 1:46pm
Quoting Koop
{quote} Lol man, 800pips looks good but I can't do this anymore. I don't have the patience to trade the Daily and hold trades for days or even weeks. I started off trading only the 4hr charts and it was fun for a while but I remember how I would be consumed by anxiety whenever there was a long period of consolidation or retracement. Kudos!!
I don't trade by TF,, i trade by prices,, i trade several trades per year can cover my 1 year living cost,, other times i use for daily activities as working for pizza company in night time because i'm boring, and enjoy my hobbies in day time.
I don't need to be millionaire,, my goal is comfortable life,, and i created my system,, and my system works sucessfully 25 years
BullShit BearShit
  • #239
  • Apr 1, 2021 2:15pm Apr 1, 2021 2:15pm
Quoting Koop
{quote} EURCAD trade came 5 pips close to 3R target and reversed. Stopped out at 1R. Shit!!! Does anyone know or use any efficient trailing stop techniques? new trade - GBPJPY short. 3R target. (SL at B.E) Will gladly take 2R to round up this rubbish day. {image}
learn to read the candles, 1m candle is seconds of price action. trail the structure. each time u see a new lower low put your stop at previous swing high(lower high)
if u need so much, pay tradingview to see second charts. structure is always the same, onall timeframes. even more so sa we go down.

if u need more info let me know
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 87 KB
Click to Enlarge Name: Screenshot_2.jpg Size: 81 KB
offering my system to copy trade. check my link
  • #240
  • Apr 1, 2021 2:25pm Apr 1, 2021 2:25pm
Quoting nikosk0
{quote} learn to read the candles, 1m candle is seconds of price action. trail the structure. each time u see a new lower low put your stop at previous swing high(lower high) if u need so much, pay tradingview to see second charts. structure is always the same, onall timeframes. even more so sa we go down. if u need more info let me know {image} {image}
Hmm, thanks.
I'll test the 1m structure trailing stops over the weekend and let you know.
0 traders viewing now