1M Price Action System

Gold short... H4 OB POI and m5 entry......pretty testbook

Hey,

Can you explain what/who Youre reffering to?
Whats your view on "simpler trading"?

Thanks in advance!

Nice1!

I had set alert on same candle with intetion to short also but was looking to enter inside 5M OB body instead of wick.
Unfortunately for me It only touched the wick barely before reversing.
Gotta pay more attention to those wicks next time, eh.

If mean if you learn all the things, wait for right conditions, i can trade under the radar.
I read manual and damn it is no need to learn that if you have a clue to trade simplier.

And i not mark all possibilities.

The main things that matter are only that first 5m entry zone OB with exact ENTRY, SL & TP - FIRST PICTURE. I simply forgot to delete the rest of the stuff from next uploaded pictures - i was looking for certain things in these areas, feel free to ignore it.

How often do You see someone calling out market against opposite side engulfings before reversal move happens with a exact PIP point reversal afterall? It reversed at exact PIP @ currency.com broker, with Oanda a 1-2 PIP drawdown (broker difference). Price went to exactly 420. Exactly 30minutes after I called it out it touched 420 and reversed for 25 pips, comon show some respect. : )

If Youre still reading and interested then explanation - If I got time to monitor which I do most of the time, then im playing with multiple positions to squeeze the maximum thats possible out of the market.
Sure you can trade simplier and just use 1 position & 1 TP + SL with set & forget strategy but its too simple/booring/easy for me.

Everyone has different style - for me I wanna be in action. I wanna know exactly why certain moves happen, Im taking things seriously once Im in the game - I LOVE 1m & 5m price action inside HTF key levels. I have even used/played around with the 5s/15s/30s charts etc.
I dont reccommend constantly scaling in & out if your begginner, but Im aiming to be the best I can and SQUEEZE as much as possible out of every situation.
I have traded for few months only afterall, forex for 1 month only, studying & practising EVERYDAY - making progress like never before. So my forex trading account is alot lower margin than crypto which I usually trade and afterall still im practising different situations to get better, I wanna be the best version of myself, use my maximum potential. Why? Cause its alot easier to grow the account like that, Im telling you ALOT, but ONLY if You know what youre doing you can get e.g 10% per trade with few more RISK FREE positions + trailing SL / on & off positions @ key levels instead of usual 1-2% with 1 position (assuming 1:1/1:2 RR with 1% risk), sometimes hedging as well if the market is showing me certain things I wanna see, I always give the market chance to do it and thats why there are those lines.
If market is willing to drop/bounce hard, reach my highest target and Im in with lets say 5 position then Its PAYDAY. Making 20-30% per day or two with 1 trade & 1% risk isnt that hard then suddenly. Yes 20-30% per day, thats like 3 FTMO accounts in a day. Think about it - how much are bank interest rates, real estate, hedge funds etc? Does something provide you even 10% gain with 1% risk? If yes then how long it may take, 5-10 years? Maybe you can find one 1:10 RR trade? How often, once in a week, month? Do you take partials of it? If yes then its probably not even 1:10. With the system Im using I can find multiple setups a week that pays 10%+ each (with 1% risk) if im loading it up nicely. Think about it - doubling your account with 1% risk (per trade) in a week with few trades, how often do You see things like that? Especially only with a few months/nearly half year trading experience like I have. I know some proffessional can do it who are trading for years or decades - You see where Its going now? If im taking something up (learning trading) I wanna be the best I can, give 100% and master every aspect of it.

If you are trading/member of this forum since 2015 I deeply suggest to use your maximum potential as well instead of just settling with "average profits", but afterall profit is profit and not everyone has the mentality do to things like that, but for me, I just wanna be the BEST I can in trading & life afterall.
For me playing with 1 TP & 1 SL is too easy/booring (not trying to be egoistic), but pretty much every1 can do it/learn.
Yes this is not taught in this thread but its my risk management style which Im using here (as I said feel free to ignore those lines - I forgot to delete it).

If youre still wondering certain lines then:
Red line was my trailing SL.
Middle center box was 1M OB + BB & 16400 area, big figure number, Im looking for certain reactions, If i dont see a drop down immediately then I know price will most likely breakeven/reverse/slow down and most likely I wont reach my highest target today (assuming 1% risk then the trade would have been roughly 10-15% profit just today thanks to my scalings if it didnt show early reversing signs and would dropped through immediately) as seen on my previous post/second post today before actual reverse happened.

If this was too complicated to understand - I apologize. Feel free to ignore it and use just one position & TP like most people do if thats your style.
Stay safe!

From exact PIP to next exact PIP, always nice to see things playing out. : )

gold

wow. dow tumbled during asia session

gu

m15 breaker...m1 entry

gj long

round trip on GBPJPY

result

I'm sorry but I've seen for a while now that you only publish screenshots of successful operations, it would be useful to see the ones that are losing.

But I do not understand being new to the thread what is the strategy for the entry since the one explained on the first page is slightly different.

thanks

if you are aware, i have been presenting one set up on the day i trade, and show it whether i win or lose.
one set up is enough as there is no necessity to present every single one.

if after reading the first post, you want to get involved to expedite your understanding, post a chart where you would take a trade and we all here can discuss.
so far i don't see someone new actively participating.

gu

how do u learn the entry strategy from losing trades when you cant figure out what the strategy is with the hundreds of successful trades that were posted on this thread?

Just the previous post ...

best regards

PS: may not be necessary, however, i think that when I see loser operations and why I also learn

I apologize for my English, I use a translator.

My request to publish also the losing trades, was not an attack, but simply to understand better.

I see a lot of effort in this thread and I would like to follow it but first I would like to understand better.

I found a manual posted halfway through the thread and I am reading it, from next week I will also post charts in the hope that I can be helped by you.
thanks and have a nice week