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On Point

  • #4,001
  • Jun 10, 2021 3:50pm Jun 10, 2021 3:50pm
Quoting Ratel
EURCHF {image}
Bit of a whipsaw on that one ratel
  • #4,002
  • Jun 11, 2021 12:43am Jun 11, 2021 12:43am
Closed at 200 ema for +90 pips

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30.png Size: 66 KB
  • #4,003
  • Jun 11, 2021 1:22am Jun 11, 2021 1:22am
Quoting Wags
Closed at 200 ema for +90 pips {image}
I've barely followed the thread - you're trading pivots now?
  • #4,004
  • Jun 11, 2021 1:46am Jun 11, 2021 1:46am
Quoting Wags
{quote} Bit of a whipsaw on that one ratel
Yep, I closed out at a loss. It did not run as I expected. Didn't lose too much though.
  • #4,005
  • Jun 11, 2021 3:08am Jun 11, 2021 3:08am
Quoting netsrac
{quote} I've barely followed the thread - you're trading pivots now?

I needed a clearer entry point as i was getting to much drawdown and PP combined with a few other things has give me a pretty good win rate over the past few weeks

I tried to see if i could vary it a bit this week to see if i could stay in trades longer but i lost some so last night i went back to what was working and banked 90 pips

lets see if this one i have just entered works out, its been a strong downtrend so will be interesting off S100

Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFM30.png Size: 64 KB
  • #4,006
  • Jun 11, 2021 6:43am Jun 11, 2021 6:43am
EU M15 .... Nice Short entry point .. ....
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15B.png Size: 38 KB
  • #4,007
  • Jun 11, 2021 6:47am Jun 11, 2021 6:47am
GBPUSD ..M15 SELL
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15B.png Size: 37 KB
  • #4,008
  • Jun 11, 2021 6:54am Jun 11, 2021 6:54am
AUDUSD M5 ...
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5.png Size: 41 KB
  • #4,009
  • Jun 11, 2021 8:33am Jun 11, 2021 8:33am
Quoting Wags
{quote} I needed a clearer entry point as i was getting to much drawdown and PP combined with a few other things has give me a pretty good win rate over the past few weeks I tried to see if i could vary it a bit this week to see if i could stay in trades longer but i lost some so last night i went back to what was working and banked 90 pips lets see if this one i have just entered works out, its been a strong downtrend so will be interesting off S100 {image}
will be interesting to follow love all your templates and strategies youve tried this far. But also looking for a more clear entry.
  • #4,010
  • Jun 11, 2021 10:00am Jun 11, 2021 10:00am
Quoting Wags
{quote} I needed a clearer entry point as i was getting to much drawdown and PP combined with a few other things has give me a pretty good win rate over the past few weeks I tried to see if i could vary it a bit this week to see if i could stay in trades longer but i lost some so last night i went back to what was working and banked 90 pips lets see if this one i have just entered works out, its been a strong downtrend so will be interesting off S100 {image}
hi wags, you are buying in a bear market, trade when the better odds are in our side
cheers

"buy on a bull market, sell on a bear market"
Uncertainty of the market must be embraced and accepted.
  • #4,011
  • Jun 11, 2021 10:18am Jun 11, 2021 10:18am
Quoting mrhb30jr
GBPUSD ..M15 SELL {image}
GU 15M ... more downside ..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15CC.png Size: 45 KB
  • #4,012
  • Jun 11, 2021 10:27am Jun 11, 2021 10:27am
Quoting kette
{quote} very good trade to come from the depths if possible and it is a buying area {image} {image}

nice weekend
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCADM30.png Size: 68 KB
Click to Enlarge Name: GBPAUD+M30.png Size: 90 KB
  • #4,013
  • Jun 11, 2021 10:30am Jun 11, 2021 10:30am
eg
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP+M30.png Size: 95 KB
  • #4,014
  • Jun 11, 2021 10:32am Jun 11, 2021 10:32am
euro

correlation
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 98 KB
Click to Enlarge Name: USDCHFM30.png Size: 90 KB
  • #4,015
  • Jun 11, 2021 10:37am Jun 11, 2021 10:37am
Attached Image (click to enlarge)
Click to Enlarge Name: Unbenannt ddr.png Size: 125 KB
  • #4,016
  • Jun 11, 2021 1:31pm Jun 11, 2021 1:31pm
Quoting slb
{quote} hi wags, you are buying in a bear market, trade when the better odds are in our side cheers "buy on a bull market, sell on a bear market"
Hi Sib

I have been doing a bit of testing this week as i have had great results previous weeks with this.

I did say on the chart posted its a strong downtrend so lets see what happens

Nearly all trades i have taken when 200 ema is flat also off of 38/61 and sometimes 78 pivots so i just wanted to see if the same setup is as affective even against a trend at s100 but went against me for a few pips which i am ok with, i think some pips will come back before close anyway

BTW i think i am 100% win rate on overnight trades, if i see a setup at end of day i enter before daily close or once spread tightens
  • #4,017
  • Jun 11, 2021 1:37pm Jun 11, 2021 1:37pm
Quoting mrhb30jr
GBPUSD ..M15 SELL {image}

Nice trades
  • #4,018
  • Jun 11, 2021 1:50pm Jun 11, 2021 1:50pm
Quoting ulle73
{quote} will be interesting to follow love all your templates and strategies youve tried this far. But also looking for a more clear entry.
Hi Ulle

I cannot seem to grasp the MP like kette etc, so i need to have something which i can clearly see an entry on

This is very clear setup, i will show you so you can try it out as well
  • #4,019
  • Jun 12, 2021 5:12am Jun 12, 2021 5:12am
Quoting Wags
{quote} Hi Sib I have been doing a bit of testing this week as i have had great results previous weeks with this. I did say on the chart posted its a strong downtrend so lets see what happens Nearly all trades i have taken when 200 ema is flat also off of 38/61 and sometimes 78 pivots so i just wanted to see if the same setup is as affective even against a trend at s100 but went against me for a few pips which i am ok with, i think some pips will come back before close anyway BTW i think i am 100% win rate on overnight trades, if i see a...
ok wags, you are doing a good job
i just have say that because in your post you say you want to stay in trades longer
i only know one way to do that is to stay in the trend/movement side

cheers

and good weekend to all
Uncertainty of the market must be embraced and accepted.
  • #4,020
  • Jun 12, 2021 3:05pm Jun 12, 2021 3:05pm
Quoting slb
{quote} ok wags, you are doing a good job i just have say that because in your post you say you want to stay in trades longer i only know one way to do that is to stay in the trend/movement side cheers and good weekend to all

You are correct

My biggest losses have been on the same entry i took on EURCHF but i wanted to see how powerful the entry was even against a strong downtrend.

I do and always have been influenced buy divergence trades and find it very difficult to enter a continuation trade, its like a mental block as i feel i have already missed the trade, i do not know why its just how my brain works.

Sometimes i concentrate so much on the entry i disregard the bigger picture as well which is a huge problem of mine

I also get over confident when i am getting a lot of winning trades which then comes back to bite me in the ass lol

Thanks for saying i am doing a good job and i do believe i am heading in the right direction but i feel like i am nowhere near where i want to be and perhaps i never will

But i am gradually honing in on where i want to be i feel
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