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Attachments: GBP/USD M5 Trading
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GBP/USD M5 Trading

  • #401
  • Jul 12, 2022 6:42pm Jul 12, 2022 6:42pm
Quoting heispark
{quote} He said his entry was above the red box. If he meant just right above the box, those bearish wicks weren't cleared yet. I don't know exactly where he entered. Yes, it was a successful trade in hindsight.
Anticipate breakout, buy on breakout, buy on pullback. There are many types of entry with pros and cons.
Anticipate can be fake breakout.
Buy on breakout can be fake breakout.
Pullback don't happen often.
  • #402
  • Edited 12:43am Jul 13, 2022 12:33am | Edited 12:43am
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observation


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  • #403
  • Jul 13, 2022 12:44am Jul 13, 2022 12:44am
GBP/USD M1 Long Trade
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  • #404
  • Jul 13, 2022 12:50am Jul 13, 2022 12:50am
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  • #405
  • Jul 13, 2022 1:16am Jul 13, 2022 1:16am
Quoting heispark
{quote} Hi, Steve You remind me of RJ (Realjumper) who started Genesis system. He started from M5 and moved to M1 when forex volatility collapsed long ago (forex volatility changes time to time). He flattered how 1M trade is so much good then. Then later he came back as M15 trader. He is a loser (of both trading and life) and consistent losing trader. I am afraid to say your approach won't work. Visual backtesting has a limitation. Market is far more complicated than you may think. Anyway, that's my personal opinion and good luck to your journey....

Hi Heispark,

Thank you for your good wishes.

I'd be interested to see how you Trade Natural Gas

I'd be interested to see if there is anything I can add to my own Trading
  • #406
  • Jul 13, 2022 1:30am Jul 13, 2022 1:30am
Quoting stevepatt
GBP/USD M1 Long Trade {image}
GBP/USD M1 Long Trade Result +10 Pips

GBP/USD M1 Long Trade 2
Attached Image (click to enlarge)
Click to Enlarge Name: 13th July 22 M1 Long Trade 2 GBP_USD_20220713_07.26.png Size: 42 KB
  • #407
  • Jul 13, 2022 1:42am Jul 13, 2022 1:42am
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hit SL
  • #408
  • Jul 13, 2022 12:49pm Jul 13, 2022 12:49pm
Quoting stevepatt
{quote} GBP/USD M1 Long Trade Result +10 Pips GBP/USD M1 Long Trade 2 {image}
GBP/USD M1 Long Trade 2 Result +10 Pips

Took another Long Trade earlier which was successful

The chart describes what I am looking for when Price is making a deeper PullBack
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 13th July 22 M1 Long Trade Result GBP_USD_20220713_18.44.png Size: 61 KB
Click to Enlarge Name: 13th July 22 M1 Observations GBP_USD_20220713_18.33.png Size: 67 KB
  • #409
  • Jul 13, 2022 1:52pm Jul 13, 2022 1:52pm
Quoting stevepatt
{quote} GBP/USD M1 Long Trade 2 Result +10 Pips Took another Long Trade earlier which was successful The chart describes what I am looking for when Price is making a deeper PullBack {image} {image}

GBP/USD M1 Observations

Bias has Transitioned to Bearish

Too late in the day to Trade but it shows what I am looking for
Attached Image (click to enlarge)
Click to Enlarge Name: 13th July 22 M1 Observations GBP_USD_20220713_19.44.png Size: 52 KB
  • #410
  • Jul 13, 2022 2:16pm Jul 13, 2022 2:16pm
Quoting stevepatt
{quote} GBP/USD M1 Observations Bias has Transitioned to Bearish Too late in the day to Trade but it shows what I am looking for {image}
GBP/USD M1 Observations

It is too late in the day to take Trades

It would have been a successful trade +10 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: 13th July 22 M1 Observations GBP_USD_20220713_20.10.png Size: 41 KB
  • #411
  • Jul 14, 2022 1:14am Jul 14, 2022 1:14am
GBP/USD M1 Short Trade

It has already hit the Target +10 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: 14th July 22 M1 Short Trade GBP_USD_20220714_07.10.png Size: 57 KB
  • #412
  • Jul 15, 2022 12:44am Jul 15, 2022 12:44am
GBP/USD M1 Short Trade
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  • #413
  • Jul 15, 2022 1:07am Jul 15, 2022 1:07am
Quoting stevepatt
GBP/USD M1 Short Trade {image}
GBP/USD M1 Short Trade Result BE

I've found it usually works better for me to Exit at BE if Price runs too far against my Trade assuming, of course, that Price Pulls Back
Attached Image (click to enlarge)
Click to Enlarge Name: 15th July 22 M1 Short Trade Result GBP_USD_20220715_07.00.png Size: 54 KB
  • #414
  • Jul 15, 2022 1:20am Jul 15, 2022 1:20am
Quoting stevepatt
{quote} GBP/USD M1 Short Trade Result BE I've found it usually works better for me to Exit at BE if Price runs too far against my Trade assuming, of course, that Price Pulls Back {image}

GBP/USD M1 Short Trade 2
Attached Image (click to enlarge)
Click to Enlarge Name: 15th July 22 M1 Short Trade 2 GBP_USD_20220715_07.17.png Size: 52 KB
  • #415
  • Jul 15, 2022 1:47am Jul 15, 2022 1:47am
Quoting stevepatt
{quote} GBP/USD M1 Short Trade 2 {image}
GBP/USD M1 Short Trade 2 Result +10 Pips +0.5%
Attached Image (click to enlarge)
Click to Enlarge Name: 15th July 22 M1 Short Trade 2 Result GBP_USD_20220715_07.37.png Size: 60 KB
  • #416
  • Jul 15, 2022 1:57am Jul 15, 2022 1:57am
Quoting stevepatt
{quote} GBP/USD M1 Short Trade 2 Result +10 Pips +0.5% {image}
GBP/USD M1 Short Trade 3
Attached Image (click to enlarge)
Click to Enlarge Name: 15th July 22 m1 Short Trade 3 GBP_USD_20220715_07.54.png Size: 53 KB
  • #417
  • Jul 15, 2022 2:13am Jul 15, 2022 2:13am
Quoting stevepatt
{quote} GBP/USD M1 Short Trade 3 {image}
GBP/USD M1 Short Trade 3 Result +10 Pips +0.5%
Attached Image (click to enlarge)
Click to Enlarge Name: 15th July 22 M1 Short Trade 3 Result GBP_USD_20220715_08.01 (1).png Size: 61 KB
  • #418
  • Jul 19, 2022 1:08am Jul 19, 2022 1:08am
GBP/USD M1 Long Trade
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Click to Enlarge Name: 19th July 22 M1 Long Trade GBP_USD_20220719_07.04.png Size: 49 KB
  • #419
  • Jul 19, 2022 1:50am Jul 19, 2022 1:50am
Quoting stevepatt
GBP/USD M1 Long Trade {image}
GBP/USD M1 Long Trade Result +10 Pips +0.5%
Attached Image (click to enlarge)
Click to Enlarge Name: 19th July 22 M1 Long Trade Result GBP_USD_20220719_07.47.png Size: 48 KB
  • #420
  • Jul 19, 2022 2:57am Jul 19, 2022 2:57am
Quoting stevepatt
{quote} GBP/USD M1 Long Trade Result +10 Pips +0.5% {image}
I like your m1 view. Moving averages are good help if use wisely.
Perfection is the enemy of good enough!
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