USDJPY H4 BOUGHT. Very simple EMA rejection here.
TP 1.5R.
TP 1.5R.
Attached Image (click to enlarge)
PA Trading with EMAs and common Sense
- #622
- Edited 8:31am Apr 24, 2023 5:30am | Edited 8:31am
- Joined Dec 2022 | Status: Trader | 3,228 Posts
BTCUSD 1H (DEMO)
weekend trades, all closed today, same as last week, buy and sell in middle of range targets either end
could of had the week off if it wasn't demo!
weekend trades, all closed today, same as last week, buy and sell in middle of range targets either end
could of had the week off if it wasn't demo!
every minute matters!
- #624
- Apr 24, 2023 9:52am Apr 24, 2023 9:52am
- Joined Dec 2022 | Status: Trader | 3,228 Posts
every minute matters!
- #632
- Apr 26, 2023 7:27am Apr 26, 2023 7:27am
- Joined Dec 2022 | Status: Trader | 3,228 Posts
Got triggered into this, GOLD H1 BUY {image}
looks like your trigger was a retrace rather than hitting the low like your previous one which left more room to breathe to let you exit at BE, oh well, onto the next one, best of luck!
every minute matters!
- #634
- Apr 26, 2023 9:15am Apr 26, 2023 9:15am
- Joined Dec 2022 | Status: Trader | 3,228 Posts
EURUSD 1M
trend continuation long cost averaging up at breakout levels and ema rejections
the sequence starts with two shorts and two longs at ema200, then once a direction is decided, long in this case, the shorts are closed and the longs are added
then, as the trend is confirmed using ema's as a guide, more longs are added
then, as the trend picks up steam, price action is used to find an exit, in this case, larger than usual bars are the sign
then signs of a reversal trigger the exit!!!
its a nice mix of PA, EMA's and common sense!
trend continuation long cost averaging up at breakout levels and ema rejections
the sequence starts with two shorts and two longs at ema200, then once a direction is decided, long in this case, the shorts are closed and the longs are added
then, as the trend is confirmed using ema's as a guide, more longs are added
then, as the trend picks up steam, price action is used to find an exit, in this case, larger than usual bars are the sign
then signs of a reversal trigger the exit!!!
its a nice mix of PA, EMA's and common sense!
every minute matters!
- #636
- Apr 27, 2023 7:06am Apr 27, 2023 7:06am
- Joined Dec 2022 | Status: Trader | 3,228 Posts
every minute matters!
- #637
- Apr 27, 2023 7:30am Apr 27, 2023 7:30am
- Joined Dec 2022 | Status: Trader | 3,228 Posts
EURUSD 1M
initial entries based on trend continuation long above ema200 which didn't hold, then the additional entries were based on a countertrend move to back above ema200 which would then continue the uptrend into the targets as it holds
using previous price action resistance as targets and will close manually if required
well, looks like that got lucky!!! phew...
initial entries based on trend continuation long above ema200 which didn't hold, then the additional entries were based on a countertrend move to back above ema200 which would then continue the uptrend into the targets as it holds
using previous price action resistance as targets and will close manually if required
well, looks like that got lucky!!! phew...
every minute matters!
- #638
- Apr 27, 2023 7:01pm Apr 27, 2023 7:01pm
- Joined Dec 2022 | Status: Trader | 3,228 Posts
EURUSD 1M
countertrend long targeting return to ema200 after impulsive move first traps the longs then traps the shorts to create the support zone that will hold price as it moves back to ema200
then a false breakout traps a new wave of shorts that contribute to my profits once the move above ema200 resumed - took a lot longer than i expected but it finally made it!
targets stopped following ema200 once they reached a suitable price action level due to the longevity of the trade
countertrend long targeting return to ema200 after impulsive move first traps the longs then traps the shorts to create the support zone that will hold price as it moves back to ema200
then a false breakout traps a new wave of shorts that contribute to my profits once the move above ema200 resumed - took a lot longer than i expected but it finally made it!
targets stopped following ema200 once they reached a suitable price action level due to the longevity of the trade
every minute matters!
- #639
- Apr 28, 2023 9:12pm Apr 28, 2023 9:12pm
- Joined Dec 2022 | Status: Trader | 3,228 Posts
AUDUSD 1M
long after overextension targeting around ema50, looked simple enough!
then again, feeling confident it will return...
which it did and offered a small profit, but my targets were higher and i didn't close manually - bad move, now i'm forced to either take a loss or continue managing the risk...
ended up adjusting targets and adding one more order which was all that was needed to end the week happy!
long after overextension targeting around ema50, looked simple enough!
then again, feeling confident it will return...
which it did and offered a small profit, but my targets were higher and i didn't close manually - bad move, now i'm forced to either take a loss or continue managing the risk...
ended up adjusting targets and adding one more order which was all that was needed to end the week happy!
every minute matters!
- #640
- Apr 28, 2023 11:24pm Apr 28, 2023 11:24pm
- Joined Dec 2022 | Status: Trader | 3,228 Posts
BTCUSD 1M (DEMO)
long after rejection of countertrend move anticipating trend continuation remaining above ema200 targeting previous high - will cost average down to ema200 to manage risk if required...
otherwise let it run to target after trapping even more shorts...
who get squeezed out like a bad pimple!
long after rejection of countertrend move anticipating trend continuation remaining above ema200 targeting previous high - will cost average down to ema200 to manage risk if required...
otherwise let it run to target after trapping even more shorts...
who get squeezed out like a bad pimple!
every minute matters!