Market Structure Only- keep your charts clean

Quoting nikosk0

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{quote} hi. on eu the structure is still up from 30m chart and above, since price pb verry deep near the lows of 30m we can buy it without confirmation for very big rr. (that is why i posted both timeframes) on gu on the other hand, structure on htf was down and only 1m and 5m was up so we base off our entry best on those small timeframes and not the higher ups. so bassically the eu long was a 30m-4hr trade with a 1m entry. the gu long was just a regular 1m-5m structure trade. for the eu long i didnt get confirmation at the time i entered and that...

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Quoting nikosk0

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rules for trading
1. never risk more than 1% of your account in a single trade, EVER. if you think you do not have enough capital, go to a prop firm and get funded
2. with this system you can get 2 good and clean trades every day, you will look for them and them alone. if you win 1 of them (worst case scenario) thats +0.5% in a day. a year has 220 trading days. this is how it compounds after 220 trading days with 1k capital (you triple your money every year at worst case scenario, there is no company in the world that has that much profitabillity)...

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Quoting Koop

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Did anyone catch this set up on EurGbp? Missed this beauty and took a loss on an EurAud short instead. Smh. {image}

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Quoting thomi

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is this a compliant entry ? {image}{image}{image}

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Quoting bluesurfx

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This is probably the best message board thread I have ever seen dating back to the late 1990s. Hoping this setup on EURAUD plays out.{image}

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Quoting Koop

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Weird trading day for me. Few break even trades and two losses. Felt like I was forcing it. Gonna get some sleep and come back refreshed.

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Quoting snail69

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A very nice bat on EURGBP. {image}

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Quoting Koop

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EURUSD Short 3R target. {image}{image}

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Quoting Koop

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{quote} Nice Trade Snail! Btw, I noticed you had a second entry. How do you decide when to scale in and how often do you get burnt on the second entry?

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Quoting nikosk0

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structure shift, you know what to do next. learn to play the game. edit. i rephrase to "you should know what to expect next, and do, if conditions are met" good luck {image}

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Quoting ia1979

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{quote} We had a higher high, followed by a lower low. Still trying to train my eyes to see market structure. So we are now expecting price to retrace to around 1.1975 (or even higher?), before selling?

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Quoting nikosk0

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{quote} yes, something like that. depending on the rr an the confirmation you may want you looks for an entry. 1.1975 or 1.198 are both good to sort for a swing type of trade. for a scalp on 5m i would like to see 1.1988. also need to manage the trade accornindigly, keep the trade open whilst it keeps making lowers lows and lower highs on smll timeframes and exit the moment we ee a higher high. so entrer either swing on 30m-4hr and trail based off 30m or wait for 5m entry and trail the 1m timeframe. something like that. IF it goes up for a retest....

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