SP Entry all the way | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Scripts for Limit entry, Stop entry, Market entry 47 replies

Hard Way, Easy Way 115 replies

Select all open order with stop above entry price (breakeven) 0 replies

2 Way VS 1 Way Analysis 9 replies

Attachments: SP Entry all the way
Exit Attachments

SP Entry all the way

  • #1
  • First Post: Edited Oct 23, 2024 7:44am Jun 16, 2022 11:52am | Edited Oct 23, 2024 7:44am
edit: i abandon the strategy.

just a personal trade journal based on SP and price action. most of my trade failed. some of it work. so i dont know if it worth to read but i just hope it will work for you.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB


More detail on pdf. This pdf was made after few of the first post in this thread. So there might be a little different on the info but you will get it.
Attached File(s)
File Type: pdf SP Note v3 - razoredge22_compressed.pdf   8.5 MB | 301 downloads | Uploaded Jul 9, 2024 10:50am
fall seven times, stand up eight.
  • #2
  • Jun 16, 2022 11:58am Jun 16, 2022 11:58am
#Update 1

Xau/Usd Gold Pair

Before and after

Price able to make SPv1 and pullback toward EE instantly shoot up to TP1

Here some extra, price able to break TP 1 and the setup change to SPv2 where there probability for price to make another pullback downward to SE but unfortunately it not able to reach it and fly away

As for confirmation entry, it is better to have Engulfing CS on HTF
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 103 KB
Click to Enlarge Name: screenshot.png Size: 38 KB
Click to Enlarge Name: screenshot.png Size: 50 KB
Click to Enlarge Name: screenshot.png Size: 36 KB
fall seven times, stand up eight.
  • #3
  • Jun 16, 2022 10:13pm Jun 16, 2022 10:13pm
#Update 2

Usd/Cad Pair SPv1 Sell

Lets see how it goes.

Risk 50pips
Reward 100pips from SE to TP1
Or would take decision to cutloss when price able to break HH CS body close or hold it until SL

Goodluck
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 40 KB
Click to Enlarge Name: screenshot.png Size: 49 KB
fall seven times, stand up eight.
  • #4
  • Jun 17, 2022 2:07am Jun 17, 2022 2:07am
Quoting razoredge22
#Update 2 Usd/Cad Pair SPv1 Sell Lets see how it goes. Risk 50pips Reward 100pips from SE to TP1 Or would take decision to cutloss when price able to break HH CS body close or hold it until SL Goodluck {image} {image}
#Result 2

It actually already has 1st touch pullback on the SE and free fall for 80pips.

As the price crawling back up it broke through HH i just cut my loss here and move on toward next setup.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 41 KB
fall seven times, stand up eight.
  • #5
  • Jun 17, 2022 2:44am Jun 17, 2022 2:44am
Quoting razoredge22
{quote} #Result 2 It actually already has 1st touch pullback on the SE and free fall for 80pips. As the price crawling back up it broke through HH i just cut my loss here and move on toward next setup. {image}
#Update 2.5

Ops. Seem like LTF has higher SP Lets give it another go see what will happen.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 41 KB
Click to Enlarge Name: screenshot.png Size: 54 KB
fall seven times, stand up eight.
  • #6
  • Jun 17, 2022 3:57am Jun 17, 2022 3:57am
I just took a quick glance of your pdf and the sp pattern is like the quasimodo pattern
the cautious seldom err....C
  • #7
  • Jun 17, 2022 4:03am Jun 17, 2022 4:03am
Quoting razoredge22
#Update 2 Usd/Cad Pair SPv1 Sell Lets see how it goes. Risk 50pips Reward 100pips from SE to TP1 Or would take decision to cutloss when price able to break HH CS body close or hold it until SL Goodluck {image} {image}
My bias is a buy on the loonie
the cautious seldom err....C
  • #8
  • Jun 17, 2022 4:14am Jun 17, 2022 4:14am
Quoting pips29
I just took a quick glance of your pdf and the sp pattern is like the quasimodo pattern
Ayyyy pips29! thanks for checking out. Yesh. It does like QM but it just need to break 2 SR for sp.
fall seven times, stand up eight.
  • #9
  • Jun 17, 2022 4:20am Jun 17, 2022 4:20am
Quoting pips29
{quote} My bias is a buy on the loonie
My thought say the same too but ill try holding short first.
fall seven times, stand up eight.
  • #10
  • Jun 17, 2022 4:52am Jun 17, 2022 4:52am
#Update 3

EurJpy. Hmm can this be SP ? would take long once the price hitting the zone.

Happy friday and happy weekend ~
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 32 KB
Click to Enlarge Name: screenshot.png Size: 40 KB
fall seven times, stand up eight.
  • #11
  • Jun 17, 2022 8:33am Jun 17, 2022 8:33am
Quoting pips29
{quote} My bias is a buy on the loonie
You were correct my friend~ luckily i cutloss early Thanks for the heads up

#Result 2.5 :sadly Usd/Cad SP failed. Should not entry on 2nd retest.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 36 KB
fall seven times, stand up eight.
  • #12
  • Jun 20, 2022 8:34am Jun 20, 2022 8:34am
Probably try to focus on Gold pair only for now
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 97 KB
Click to Enlarge Name: screenshot.png Size: 38 KB
fall seven times, stand up eight.
  • #13
  • Jun 22, 2022 12:18am Jun 22, 2022 12:18am
good topic here buddy...
very eye opening for those who wants to follow the intraday price action thru market structure...
same time you can have much confirmation of exit/entry blending with BBMA...
subscribe...
"bad trades at times do happen even when the set up are good"
  • #14
  • Jun 22, 2022 2:52am Jun 22, 2022 2:52am
Quoting spijack
good topic here buddy... very eye opening for those who wants to follow the intraday price action thru market structure... same time you can have much confirmation of exit/entry blending with BBMA... subscribe...
thanks man. well its not 100% winrate but if you keep using it with risk reward im sure there profit end of the day.

If this pattern work then im glad it able to help others. Simple pattern with good trading discipline it will work out.
fall seven times, stand up eight.
  • #15
  • Jun 22, 2022 3:15am Jun 22, 2022 3:15am
Quoting spijack
good topic here buddy... very eye opening for those who wants to follow the intraday price action thru market structure... same time you can have much confirmation of exit/entry blending with BBMA... subscribe...
If you want to see how it work with BBMA it would be something like this.

Green zone as SP zone
Black line as S1 & S2 and wait for price breakout both of them
Pink Circle Entry when the price reach the zone combine with BBMA Structure and BOOM ! entry with confident . Had to spill it out after you mention it. hahahaha !
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 107 KB
fall seven times, stand up eight.
  • #16
  • Jun 22, 2022 3:28am Jun 22, 2022 3:28am
Quoting razoredge22
{quote} If you want to see how it work with BBMA it would be something like this. Green zone as SP zone Black line as S1 & S2 and wait for price breakout both of them Pink Circle Entry when the price reach the zone combine with BBMA Structure and BOOM ! entry with confident . Had to spill it out after you mention it. hahahaha ! {image}
exactly
instead of having many indicator on your MT4...
simplified it with SP then blended with confirmation...
this is another view of counter trading...
"bad trades at times do happen even when the set up are good"
  • #17
  • Jun 22, 2022 4:05am Jun 22, 2022 4:05am
Quoting spijack
{quote} exactly instead of having many indicator on your MT4... simplified it with SP then blended with confirmation... this is another view of counter trading...
Yeah sometime i hide all the BBMA and only focus ok naked. Only open BBMA as extra confluence to entry. hahahahah
fall seven times, stand up eight.
  • #18
  • Jun 22, 2022 4:23am Jun 22, 2022 4:23am
Quoting razoredge22
{quote} Yeah sometime i hide all the BBMA and only focus ok naked. Only open BBMA as extra confluence to entry. hahahahah
Same for me day to day...
Although short period but consisted intraday...
Gems can be found in simple structure and need some filters...
Hope we can explore more vision for better future...
"bad trades at times do happen even when the set up are good"
  • #19
  • Jun 22, 2022 6:42am Jun 22, 2022 6:42am
See how the price reach on nearest sp zone xau/usd pair. Its been up and down for me this week.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 41 KB
fall seven times, stand up eight.
  • #20
  • Jun 22, 2022 7:36am Jun 22, 2022 7:36am
Quoting razoredge22
See how the price reach on nearest sp zone xau/usd pair. Its been up and down for me this week. {image}
that 1850 was the last MHV bear rally...
we might see retest in that level later...
already EXT in 15mins, H1 and waiting for H4...
very strong upward movement and break thru mid BB h4...
any test below 1836 will give more momentum for bulls...
has to stick my eyes on this today
"bad trades at times do happen even when the set up are good"
0 traders viewing now