How to succeed in zero sum game?
- #42,381
- Edited 5:35pm Feb 28, 2023 10:02am | Edited 5:35pm
- | Membership Revoked | Joined Jun 2021 | 1,876 Posts
- #42,382
- Feb 28, 2023 10:04am Feb 28, 2023 10:04am
- Joined Jun 2010 | Status: Trader | 1,509 Posts
Yes. Missed CJ, the most obvious trade.
EC hourly nicely engulfed
EC hourly nicely engulfed
AUD/CAD + AUD/USD trades hold from Friday. Maybe it would have moved on, but I'm satisfied. Sorry I missed the entry at the low :-(
Otherwise there were nice more shops today, but I didn't open because I was brought back from Friday
Otherwise there were nice more shops today, but I didn't open because I was brought back from Friday
It's not a dream. Chipsa is real!
- #42,384
- Feb 28, 2023 10:21am Feb 28, 2023 10:21am
- | Membership Revoked | Joined Jun 2021 | 1,876 Posts
How to succeed in zero sum game?
Analysis of AUD/CAD
1 - ADR Hight Crossing.
2 - Exceeding TDI 32 + WS61 +
3 - ADR around 100% ( this is the value from today, I have no histogram)
Why stay in the trade
1 - The pair was already quite oversold.
2 - There was news coming this week that was supposed to be supportive.
3- TDI on H4 is falling down, last 2 candles closed below 32 and WS78.
I generally stayed in the position mainly because of the news. Well, we can see the result.
Analysis of AUD/USD
1 - Crossing ADR Hight.
2 - Exceeding TDI 32 + WS68 +
3 - ADR HIGH around 100%
Why stay in the trade
1 - The pair is pretty oversold
2 - on H4 TDI under 32
3 - I was expecting positive news
Beautiful trade
1 - ADR Hight Crossing.
2 - Exceeding TDI 32 + WS61 +
3 - ADR around 100% ( this is the value from today, I have no histogram)
Why stay in the trade
1 - The pair was already quite oversold.
2 - There was news coming this week that was supposed to be supportive.
3- TDI on H4 is falling down, last 2 candles closed below 32 and WS78.
I generally stayed in the position mainly because of the news. Well, we can see the result.
Analysis of AUD/USD
1 - Crossing ADR Hight.
2 - Exceeding TDI 32 + WS68 +
3 - ADR HIGH around 100%
Why stay in the trade
1 - The pair is pretty oversold
2 - on H4 TDI under 32
3 - I was expecting positive news
Beautiful trade
It's not a dream. Chipsa is real!
- #42,387
- Edited 11:02am Feb 28, 2023 10:45am | Edited 11:02am
- | Membership Revoked | Joined Jun 2021 | 1,876 Posts
{quote} You haven't read this thread at all, have you? Because it's all explained and given here. If Davit was here, you'd already be banned... probably. Do a little search, it wasn't even that long ago who put him here
But I found it. Thanks for your help!
How to succeed in zero sum game?
- #42,388
- Feb 28, 2023 11:24am Feb 28, 2023 11:24am
- | Membership Revoked | Joined Jun 2021 | 1,876 Posts
NJ short.
First I was looking for it to reach 84.520 area. But then it FO-d 4h and started rejecting R61 + ADR H + TDI crossed so I just went for it. Looking to target 4h lows and S38 first.
Not sure how it's going to work out long-term but we'll see. Today with the information I've learned I had some luck
Last for today. I'm out. Been working too long.
Cheers everyone.
First I was looking for it to reach 84.520 area. But then it FO-d 4h and started rejecting R61 + ADR H + TDI crossed so I just went for it. Looking to target 4h lows and S38 first.
Not sure how it's going to work out long-term but we'll see. Today with the information I've learned I had some luck
Last for today. I'm out. Been working too long.
Cheers everyone.
How to succeed in zero sum game?
- #42,393
- Edited Mar 1, 2023 8:18am Feb 28, 2023 9:13pm | Edited Mar 1, 2023 8:18am
CJ trade, others closed at nearest structure on 30 min, 1 runner left to reach weekly pivot. Missed EG, that was on my radar too, was too exhausted from my day job to open a batch on EG 
must practice relentless execution. A bit early on the first 2 positions, however I felt confident knowing that price was in 4 H Resistance zone. A little apprehension creeped in when price started rising as there was a JPY news event earlier in the week where the new BOJ Governor Kazuo Ueda remained conservative and dovish. CAD produced a negative news result for GDP m/m that day during NY/London Session driving price down. I still am more comfortable exiting most of the positions on the first piece of market structure on the 30 min TF. I left 1 position to run to Weekly pivot zone, and it worked out. All in all a good trade.
must practice relentless execution. A bit early on the first 2 positions, however I felt confident knowing that price was in 4 H Resistance zone. A little apprehension creeped in when price started rising as there was a JPY news event earlier in the week where the new BOJ Governor Kazuo Ueda remained conservative and dovish. CAD produced a negative news result for GDP m/m that day during NY/London Session driving price down. I still am more comfortable exiting most of the positions on the first piece of market structure on the 30 min TF. I left 1 position to run to Weekly pivot zone, and it worked out. All in all a good trade.
Seek first to understand, then to be understood
{image} February trades. Plus additional 147 green I just cloesd on EA. This will wrap into March though. Not a Davit total but I am happy with it.
Otherwise that EUR/USD trade is a strong DD
but min year I had a similar one. Since then I'd rather close it out then dig out
.
It's not a dream. Chipsa is real!
- #42,396
- Mar 1, 2023 1:06am Mar 1, 2023 1:06am
- | Membership Revoked | Joined Jun 2021 | 1,876 Posts
NJ short. First I was looking for it to reach 84.520 area. But then it FO-d 4h and started rejecting R61 + ADR H + TDI crossed so I just went for it. Looking to target 4h lows and S38 first. Not sure how it's going to work out long-term but we'll see. Today with the information I've learned I had some luck
How to succeed in zero sum game?
- #42,398
- Mar 1, 2023 3:28am Mar 1, 2023 3:28am
- Joined Jun 2010 | Status: Trader | 1,509 Posts
NC played out nicely. {image}
. Look at NC now That doesn't mean anything though. My moto is "you can't go broke when taking profits".
Could've I traded this better and leave something on. Yes. But it is how it is. I can't see the future.
I just take the next trade and that's it.
{quote} Talking about leaving profit on the table
R138 is top average weekly range for NJ. I am expecting reaction around these area