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  • #481
  • Nov 20, 2023 5:34pm Nov 20, 2023 5:34pm
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Do not simply go shorts. it is not that easy. wait for clear reversal pattern.
  • #482
  • Nov 23, 2023 8:11pm Nov 23, 2023 8:11pm
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market in low volatility..i am so boring...normally i can catch 10-15 pips in less than 15mins but today i need to spend more times....ii is better to close this trade as soon as possible before a fall asleep in front of my lappy
  • #483
  • Nov 23, 2023 8:15pm Nov 23, 2023 8:15pm
Quoting senjamerah
{image} market in low volatility..i am so boring...normally i can catch 10-15 pips in less than 15mins but today i need to spend more times....ii is better to close this trade as soon as possible before a fall asleep in front of my lappy
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nice setup makes my eyes open.
  • #484
  • Nov 23, 2023 8:19pm Nov 23, 2023 8:19pm
Quoting senjamerah
{quote} {image} nice setup makes my eyes open.
hits BE for second times...time to chill out, start my car and hang out somewhere..let the price break the range.
  • #485
  • Nov 26, 2023 9:28pm Nov 26, 2023 9:28pm
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  • #486
  • Nov 27, 2023 4:58pm Nov 27, 2023 4:58pm
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  • #487
  • Nov 28, 2023 5:54am Nov 28, 2023 5:54am
Hi I have following you from the beginning of your threads.
What impress me the most is that you always enter on momentum. Normally people try to get entries as close as support or resistance as possible but you are not scared to have late entries or what people consider late entries.
Is there any specific candle you look for or just a big momentum candle getting out of the zone is enough?

Kind regards
  • #488
  • Edited 7:20am Nov 28, 2023 6:55am | Edited 7:20am
Quoting Frag8383
Hi I have following you from the beginning of your threads. What impress me the most is that you always enter on momentum. Normally people try to get entries as close as support or resistance as possible but you are not scared to have late entries or what people consider late entries. Is there any specific candle you look for or just a big momentum candle getting out of the zone is enough? Kind regards
Hey Frag, continuing from the no indicator trading thread, I would suggest you find out what is working for you and then expand on that. Every indicator works when it's done right, and trading is not always about the indicators. Most of the time in a day I spend 23.5 hours resting, planning, and reading, maybe less than 30 minutes sitting down, and ONLY 5 minutes looking at the indicators before I make my decision. Take your time and learn the basics of what every standard indicator does and work on these till you see the improvement. You be surprised if I show you which indicators I use. Just sample and standard, but again as I said earlier, indicator is just a very small part of trading, at least for me.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #489
  • Nov 28, 2023 7:23am Nov 28, 2023 7:23am
Quoting Frag8383
Hi I have following you from the beginning of your threads. What impress me the most is that you always enter on momentum. Normally people try to get entries as close as support or resistance as possible but you are not scared to have late entries or what people consider late entries. Is there any specific candle you look for or just a big momentum candle getting out of the zone is enough? Kind regards
hi frag,
most of my entries take place after rejection pattern occured. i always highlight it with yellow circle. most patterns consist a minimum of 3 candles. look closely to all my charts especially that i post this year 2023 and u will find some of the pattern have very high accuracy when it happen at good zone. u also need to look how price approach the zone; is price make compression such as triangle or just a normal wave.
another thing that u need to check is the candle size in pips...dont get trap by the nice pattern; u must check the size of the candle in pips. sometime u found the pattern in solid form but when u check the open-close of the body it only 2pips which mean that pattern is not valid.

i will continue when i have free time...
  • #490
  • Nov 28, 2023 7:28am Nov 28, 2023 7:28am
Quoting FXSayWhat
{quote} Hey Frag, continuing from the no indicator trading thread, I would suggest you find out what is working for you and then expand on that. Every indicator works when it's done right, and trading is not always about the indicators. Most of the time in a day I spend 23.5 hours resting, planning, and reading, maybe less than 30 minutes sitting down, and ONLY 5 minutes looking at the indicators before I make my decision. Take your time and learn the basics of what every standard indicator does and work on these till you see the improvement. You...
The problem is that Im all over the place with the entries. I enter as the guy show in the last thread. Just some kind of rejection from a level like a wick rejection is not working for me. That is why Im asking here and I asked you also on the other thread

Thanks
Kind regards
  • #491
  • Nov 28, 2023 7:42am Nov 28, 2023 7:42am
Quoting senjamerah
{quote} hi frag, most of my entries take place after rejection pattern occured. i always highlight it with yellow circle. most patterns consist a minimum of 3 candles. look closely to all my charts especially that i post this year 2023 and u will find some of the pattern have very high accuracy when it happen at good zone. u also need to look how price approach the zone; is price make compression such as triangle or just a normal wave. another thing that u need to check is the candle size in pips...dont get trap by the nice pattern; u must check...
i like to emphasize that what i say is all in context of xauusd M1 chart scalping...if u trade other pairs or timeframe the situation/concept is totally different...i say this according to my own experience.

sorry for my poor english language...
  • #492
  • Edited 8:29am Nov 28, 2023 7:58am | Edited 8:29am
Quoting Frag8383
{quote} The problem is that I'm all over the place with the entries. I enter as the guy shown in the last thread. Just some kind of rejection from a level like a wick rejection is not working for me. That is why I am asking here and I asked you also on the other thread Thanks Kind regards
He was an example of one who was trapped in his own analysis. There are many others like him who exist on Forex Factory. not only do they trap themself, but also want to take you with them! If you like this kind of system go look for the book on Amazon called Naked Forex. Interesting book and a lot more helpful than here. I know the author and the co-author many years ago. They were solid. I Had read through the book, tried it, and succeeded to a degree where I felt it it was good but not good enough enough to reach my goal (obviously, I wanted more, a lot more). Good beginning book to get you in the door, and the author also offers a workshop for premium content on his website (many years ago, you need to check with them again).
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #493
  • Nov 28, 2023 8:04am Nov 28, 2023 8:04am
i trade the same pair and timeframe in asia session in every single trading day. i found many similarities, confluence and probabilities that make me feel easy to make decision. market character or behaviour sometimes are quite predictable. scalp on monday and friday is easier compare to other days...and there is alot more...
  • #494
  • Nov 28, 2023 8:21am Nov 28, 2023 8:21am
Quoting senjamerah
i trade the same pair and timeframe in asia session in every single trading day. i found many similarities, confluence and probabilities that make me feel easy to make decision. market character or behaviour sometimes are quite predictable. scalp on monday and friday is easier compare to other days...and there is alot more...
right on, senjamerah. consistency in your ability to get up at 5 in the morning or 15 minutes during your work break (i tried but not recommended. i found it quite distraction in both trade and work) and show up in front of your trade day after day and year after year also contribute a good amount to your success. keep it up.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #495
  • Nov 28, 2023 9:01am Nov 28, 2023 9:01am
Quoting FXSayWhat
{quote} right on, senjamerah. consistency in your ability to get up at 5 in the morning or 15 minutes during your work break (i tried but not recommended. i found it quite distraction in both trade and work) and show up in front of your trade day after day and year after year also contribute a good amount to your success. keep it up.
Indeed consistency plays a key role. Starting out i would try to trade anything without having experienced the commodity or currency pair which on reflection seemed just greed. A few pair that you keep i personally use two indicators on higher time frame 1H+ one for trend and the other for affirmation. The rest i play with support and resistance having experienced personally the pair or commodity an trading. Actually on waking up i know what to watch out to trade that day or what to wait for a day or two to see how it plays out. Patience and consistency!
  • #496
  • Nov 28, 2023 5:30pm Nov 28, 2023 5:30pm
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  • #497
  • Nov 28, 2023 7:28pm Nov 28, 2023 7:28pm
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  • #498
  • Nov 28, 2023 7:50pm Nov 28, 2023 7:50pm
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wait, wait n wait...no strong reverse pattern..be patience
  • #499
  • Nov 28, 2023 7:58pm Nov 28, 2023 7:58pm
Quoting senjamerah
{image} wait, wait n wait...no strong reverse pattern..be patience

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  • #500
  • Nov 28, 2023 10:55pm Nov 28, 2023 10:55pm
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