ITB - Seeing Orderliness amongst 'Randomness'
- #523
- Jan 25, 2024 11:15pm Jan 25, 2024 11:15pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Your trade order needs to be in the right place at the right time.
- #524
- Jan 25, 2024 11:17pm Jan 25, 2024 11:17pm
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #525
- Jan 25, 2024 11:30pm Jan 25, 2024 11:30pm
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,476 Posts
Success = Practice + Patience + Persistence
- #526
- Jan 25, 2024 11:37pm Jan 25, 2024 11:37pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
My morning trade, please help me correct if I have any mistake. I just starting trading for about 2 weeks, so I need to learn many more {image}
When I trade the Asian Session there are two key times, 3.00 and 4.30. I very rarely place a trade at 3.30, 3.45 or 4.15.
The next thing to note is that if there is a decent move at 3.00 that will usually be the direction for the day.
3.00 signal will always be stronger than 4.30 as 3.00 is the start of increased activity where as 4.30 you are approaching the Dead Zone.
You are always better to start with the trading the trend change if you are new to this as it is easy to spot.
Welcome aboard
This chart should be your best friend for the next 6 months
Your trade order needs to be in the right place at the right time.
- #528
- Jan 25, 2024 11:44pm Jan 25, 2024 11:44pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
anyone looking at gold?
Your trade order needs to be in the right place at the right time.
- #529
- Jan 25, 2024 11:55pm Jan 25, 2024 11:55pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} yours was a touch and short with no confirmation. do you see the following pattern at the current market price? https://www.forexfactory.com/thread/...5#post14731345
Your trade order needs to be in the right place at the right time.
{quote} Hi JT, When I trade the Asian Session there are two key times, 3.00 and 4.30. I very rarely place a trade at 3.30, 3.45 or 4.15. The next thing to note is that if there is a decent move at 3.00 that will usually be the direction for the day. 3.00 signal will always be stronger than 4.30 as 3.00 is the start of increased activity where as 4.30 you are approaching the Dead Zone. You are always better to start with the trading the trend change if you are new to this as it is easy to spot. Welcome aboard
- #532
- Edited 12:52am Jan 26, 2024 12:32am | Edited 12:52am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Hi Traders, The following charts is my trading in a nutshell. If you can answer these questions it will show you have been paying attention or it will show whether I should continue posting. I have stated in an ealier post that the first pullback after a trend change is the best The question is. Can you tell me where I would enter the trade. The price the SL and the TP {image}
A very well done to the traders who got the trade details correct. And to the traders that did not we are all here to help you so keep posting.
I would have been really impressed if anyone came back with the 2nd trade!!
Some of you may have picked the arrow after the last swing low however if it had lined up perfectly it would not be an entry, because why? The chart is UC and UC does not get traded during the Asian session. That is what the test was really about. Not just placing a trade but about being aware.
15R in one day. Learn the system while you can. You will never look back.
Your trade order needs to be in the right place at the right time.
- #533
- Jan 26, 2024 12:37am Jan 26, 2024 12:37am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} ok I'll have a go... Entry at 10:15 MT4 time on 25 January @ 1.3526 SL 1.3533 at the day's high TP 1.3451 +7.5R (not hit yet)
Hi SV,
Good effort, timing was right at 10.15
Entry acceptable
You could have trimmed your SL which would have brought your TP closer
Well Done
Your trade order needs to be in the right place at the right time.
- #534
- Jan 26, 2024 12:39am Jan 26, 2024 12:39am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} Entry short: 1.35275 SL: 1.3531 TP: 1.3500
Your trade order needs to be in the right place at the right time.
- #535
- Jan 26, 2024 12:40am Jan 26, 2024 12:40am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} Your entry would be at the close of the bullish rejection candle: 1.35272 Stop loss: 1.35300 like 3 pips stop loss Take Profit: 1.35047 the red line on my chart. I hope I am right... {file}
Your trade order needs to be in the right place at the right time.
- #536
- Jan 26, 2024 12:42am Jan 26, 2024 12:42am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} {image} {image} {image} {image} {image} {image} {image}
Well Done
Your trade order needs to be in the right place at the right time.
- #537
- Jan 26, 2024 1:29am Jan 26, 2024 1:29am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
{image} {image}
ITB - Seeing Orderliness amongst 'Randomness'
- #538
- Jan 26, 2024 1:35am Jan 26, 2024 1:35am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Your trade order needs to be in the right place at the right time.
- #540
- Jan 26, 2024 1:45am Jan 26, 2024 1:45am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'