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  • #5,321
  • Apr 24, 2023 8:32am Apr 24, 2023 8:32am
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EU 5m another small win:

-Entered after price took out previous day high and bounced off 55ema channel.
-Was shooting for ADR high but had to get out before US stock market open with a small win.
  • #5,322
  • Apr 24, 2023 10:22am Apr 24, 2023 10:22am
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Painful loss on Gold 5min:

-Entered when bullish trendline was broken and retested
-Exited with loss when price broke bearish trendline and channel crossed 200sma to the upside.

OUCH
  • #5,323
  • Apr 24, 2023 12:12pm Apr 24, 2023 12:12pm
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Another painful loser. THis time UJ 5min:

-Entry after price found support (so I thought) on previous day high, and I was targeting ADR high.
-Exit after channel cross to the downside.

I should have exited sooner as my entry was quite far from the 200 sma. Should have exited when price broke trendline.

Oh well.
  • #5,324
  • Apr 25, 2023 3:47am Apr 25, 2023 3:47am
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Quick loss on DAX 1min

I thought previous day low + 200 simple + trendline would keep price down, but it didn't...

Darn
  • #5,325
  • Apr 25, 2023 5:37am Apr 25, 2023 5:37am
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Yet another loss...

Entered late and then got stuck in a tight range

Probably shouldn't be trading us indices today with all of the earnings reports coming out.
  • #5,326
  • Apr 25, 2023 5:54am Apr 25, 2023 5:54am
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Broke the losing streak...

-Entered after it broke a bullish trendline (not pictured)
-Exited because it was bouncing off of important moving averages on higher timeframes (i know that's not roadmap, but something I usually look at)

Oil 1min
  • #5,327
  • Apr 25, 2023 6:09am Apr 25, 2023 6:09am
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Just closed Gold short on a spike down in my favor.

That's 2 wins in a row!
  • #5,328
  • Apr 25, 2023 8:09am Apr 25, 2023 8:09am
Quoting ianhjulberg
{image} Just closed Gold short on a spike down in my favor. That's 2 wins in a row!
It's your turn to buy all the lunches now-----continued success
  • #5,329
  • Apr 25, 2023 8:19am Apr 25, 2023 8:19am
Quoting btrfx1
{quote} It's your turn to buy all the lunches now-----continued success
Haha, sure why not!
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  • #5,330
  • Apr 25, 2023 11:23am Apr 25, 2023 11:23am
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Ok last one for today...

NAS 1min short

I should have probably held it longer as there was really no signal to get out other than I was getting antsy.

Although, the S&P was about to hit ADR low, and I've noticed that when one of the US indices hits ADR, the others will bounce/retrace along with it. So....
  • #5,331
  • Apr 25, 2023 1:27pm Apr 25, 2023 1:27pm
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One more...

Gold 1m

-Entry after bearish trendline broken and price cleared daily open and yesterday high (also there was a news event catalyst)
-Exit after speedline broken
  • #5,332
  • Apr 26, 2023 3:41am Apr 26, 2023 3:41am
Attached Image (click to enlarge)
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Got taken out of this trade pretty quick:

-Entry after prev day low taken out and retested
-Exit after price made a higher low and then took out previous local high

Bummer
  • #5,333
  • Apr 26, 2023 11:26am Apr 26, 2023 11:26am
Quoting ianhjulberg
{image} Got taken out of this trade pretty quick: -Entry after prev day low taken out and retested -Exit after price made a higher low and then took out previous local high Bummer
I would suggest you move from M1 to M5/ M15. I am sure your strike rate will improve
  • #5,334
  • Apr 26, 2023 11:37am Apr 26, 2023 11:37am
Quoting johNal
{quote} I would suggest you move from M1 to M5/ M15. I am sure your strike rate will improve
You're right and I have been thinking about that.

I'm just a little impatient when it comes to trading, something I need to work on.

Also, Laura trades 1m indices/oil/gold, so I guess I'm trying to be like her haha
  • #5,335
  • Apr 26, 2023 12:46pm Apr 26, 2023 12:46pm
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Gold short just closed:

-Entry after price broke previous day low
-Took first profit when first trendline was broken
-Closed rest of position when speedline was broken
  • #5,336
  • Apr 26, 2023 12:58pm Apr 26, 2023 12:58pm
Quoting ianhjulberg
{image} Gold short just closed: -Entry after price broke previous day low -Took first profit when first trendline was broken -Closed rest of position when speedline was broken
I never got the hang of this strategy and I am doing other strategies now. But I am impressed about what you are doing and what you are sharing. And I read it. Please keep it going. Others might join you along the road.
MetaTrader 4 - so many advantages.
  • #5,337
  • Apr 26, 2023 1:30pm Apr 26, 2023 1:30pm
Quoting RiskFighter
{quote} I never got the hang of this strategy and I am doing other strategies now. But I am impressed about what you are doing and what you are sharing. And I read it. Please keep it going. Others might join you along the road.
Thanks for the positive message!

I wasn't sure if my posts were getting annoying or not, but it helps me stay accountable to the strategy!

Thanks again
  • #5,338
  • Apr 26, 2023 1:38pm Apr 26, 2023 1:38pm
AUDUSD win, it always works out when the rules are followed.
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  • #5,339
  • Apr 26, 2023 1:46pm Apr 26, 2023 1:46pm
Quoting mckeep
AUDUSD win, it always works out when the rules are followed. {image}
Nice!
So true
  • #5,340
  • Apr 26, 2023 2:15pm Apr 26, 2023 2:15pm
Quoting RiskFighter
{quote} I never got the hang of this strategy and I am doing other strategies now. But I am impressed about what you are doing and what you are sharing. And I read it. Please keep it going. Others might join you along the road.
I read it too and it is motivating to see other people use the strategy and know that it works, keep it up
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