SRTLfd Discussion | Page 88 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

USD/JPY Discussion 93,263 replies

Elliott Waves discussion 4 replies

Euro/Dollar discussion 9 replies

Forward Testing Discussion Thread 241 replies

Attachments: SRTLfd Discussion
Exit Attachments

SRTLfd Discussion

  • #1,741
  • Aug 8, 2023 4:16am Aug 8, 2023 4:16am
Quoting LeongPuiy
{quote} gold make me sad and down everytime i touch it , it always burst my account
choose level wisely.
trade the d1 entry zone.
you don't have to hurry.
everyday you got one trade.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,742
  • Aug 8, 2023 4:51am Aug 8, 2023 4:51am
Quoting LeongPuiy
{quote} gold make me sad and down everytime i touch it , it always burst my account
Initially try to trade only during the US session and one trade per day if a setup exists. Also play small, as GOLD moves like a beast.
Success = Practice + Patience + Persistence
  • #1,743
  • Aug 8, 2023 4:53am Aug 8, 2023 4:53am
I starting trade again,
but i stay away from gold,
mostly focus gu for now.
was up and drawdown then now back to slowly grow.
PA Return This Week: 0.2%
  • #1,744
  • Aug 8, 2023 5:02am Aug 8, 2023 5:02am
Quoting Inthebox
would be nice if there is a retrace for a sell set up {image}
sell results
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,745
  • Aug 8, 2023 5:09am Aug 8, 2023 5:09am
Quoting Inthebox
{quote} sell results {image}
I fell asleep and missed the UJ, EJ, and GJ shorting opportunity from the ASIA high.

However, GOLD is showing its intent for a UPMOVE, IMO.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
Success = Practice + Patience + Persistence
  • #1,746
  • Aug 8, 2023 5:20am Aug 8, 2023 5:20am
Quoting fxpider
{quote} I fell asleep and missed the UJ, EJ, and GJ shorting opportunity from the ASIA high. However, GOLD is showing its intent for a UPMOVE, IMO. {image}
not much happening this week.
red news only on thursday and friday.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,747
  • Aug 8, 2023 7:45am Aug 8, 2023 7:45am
Stop out at gu.
scalping buy again at gu.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_4623.png Size: 55 KB
PA Return This Week: 0.2%
  • #1,748
  • Aug 8, 2023 11:00am Aug 8, 2023 11:00am
Quoting LeongPuiy
Stop out at gu. scalping buy again at gu. {image}
  • #1,749
  • Aug 8, 2023 12:24pm Aug 8, 2023 12:24pm
support at d1 engulf
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,750
  • Aug 8, 2023 2:34pm Aug 8, 2023 2:34pm
support at d1 engulf entry zone.
was late.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,751
  • Aug 9, 2023 5:47am Aug 9, 2023 5:47am
Would this be a good example for a Quasimodo pattern?

The chart is a 1 hour Cfd of the DAX. I have highlighted the high (H), low (L), higher high (HH) and lower low (LL) in the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: DE40_2023-08-09_12-38-13.png Size: 26 KB
  • #1,752
  • Aug 9, 2023 6:03am Aug 9, 2023 6:03am
- During the summer months, many institutional investors and hedge funds reduce their trading activities. This is because they use this time to review their portfolios and prepare for the second half of the year.

- During the summer months, the release of economic data slows down. This is because many countries, especially in Europe, take extended summer holidays.

- During the summer months, many traders switch to a range trading strategy. This involves trading within a specific range of prices, as the market is less volatile during this time. This reduces trading activities, leading to the summer slowdown in the forex market.

- Less liquidity = less directional flow, meaning there will likely be a reversal if there is not enough volatility to carry the trade and direction through.
Daily ranges tend to decrease tremendously during most summer months, thus, I shorten my targets. I also reduce my stop sizes since I will not need ones as large compared to normal liquidity months.

https://www.forex.academy/why-does-t...low-in-summer/
https://2ndskiesforex.com/forex-stra...forex-trading/
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,753
  • Aug 9, 2023 6:16am Aug 9, 2023 6:16am
h4 engulf buy entry zone
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 3 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,754
  • Aug 9, 2023 9:38am Aug 9, 2023 9:38am
Quoting Inthebox
h4 engulf buy entry zone {image}
srtl and qm set up
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,755
  • Aug 9, 2023 9:44am Aug 9, 2023 9:44am
Quoting Ryan0618
Would this be a good example for a Quasimodo pattern? The chart is a 1 hour Cfd of the DAX. I have highlighted the high (H), low (L), higher high (HH) and lower low (LL) in the chart. {image}
the qm is valid as the head is not violated.
h4 double maru provided the resistant zone.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,756
  • Aug 9, 2023 4:31pm Aug 9, 2023 4:31pm
i like this kind of quasimodo setup
x = direction of trend
then abcde pattern (price action)
where e must go beyond a and c
fibo goes from d to e
enter at 50% pullback (f)
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 115 KB
  • #1,757
  • Aug 9, 2023 9:21pm Aug 9, 2023 9:21pm
Quoting oo7rai
i like this kind of quasimodo setup x = direction of trend then abcde pattern (price action) where e must go beyond a and c fibo goes from d to e enter at 50% pullback (f) {image}
compare with qm manipulation
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,758
  • Aug 9, 2023 9:54pm Aug 9, 2023 9:54pm
qm manipulation
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,759
  • Aug 9, 2023 11:28pm Aug 9, 2023 11:28pm
see whether there is any retrace for ej from today low to high.
ITB - Seeing Orderliness amongst 'Randomness'
  • #1,760
  • Aug 10, 2023 5:05am Aug 10, 2023 5:05am
ej hardly retrace.
ITB - Seeing Orderliness amongst 'Randomness'
3 traders viewing now