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  • #21
  • Jan 25, 2024 1:09am Jan 25, 2024 1:09am
Quoting Islandfx911
Hi Steve, I thought I would post this chart, just my view on GU yesterday. Regards Rob {image}
Hi Rob,

Thank you for your Very Insightful look @ Price

The Day Job, I must Admit, does get in the way of my Trading

I am Far More in Tune with Price when I am around to Follow it LIVE

This week I have not been in Tune hence 3 Losing Trades

Anyway, please fell free to continue Posting your insights to Price
  • #22
  • Jan 25, 2024 1:52am Jan 25, 2024 1:52am
Quoting stevepatt
{quote} Hi Rob, Thank you for your Very Insightful look @ Price The Day Job, I must Admit, does get in the way of my Trading I am Far More in Tune with Price when I am around to Follow it LIVE This week I have not been in Tune hence 3 Losing Trades Anyway, please fell free to continue Posting your insights to Price
We need to help each other where we can.
Your trade order needs to be in the right place at the right time.
  • #23
  • Jan 27, 2024 11:56am Jan 27, 2024 11:56am
GBP/USD M15 Observations

M15 Structure
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20240127_17.40.png Size: 61 KB
  • #24
  • Jan 28, 2024 5:01am Jan 28, 2024 5:01am
Quoting stevepatt
GBP/USD M15 Observations M15 Structure {image}
Thank you for the chart. Much easier to read.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #25
  • Edited 6:11am Jan 28, 2024 5:21am | Edited 6:11am
Quoting stevepatt
GBP/USD M15 Observations M15 Structure {image}
GBP/USD 15 Minute Swings on a 1 Minute Chart

I'm trying to get used to using a Windows Based Computer instead of my Mac

Windows are a lot better for Trading but I find Preview on my Mac far better for Marking Up my Charts

I'll have to learn to Adapt I guess
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-01-28 at 12-03-18 GBP_USD_20240128_10.50.pdf.png Size: 40 KB
  • #26
  • Jan 28, 2024 6:22am Jan 28, 2024 6:22am
Quoting stevepatt
{quote} GBP/USD 15 Minute Swings on a 1 Minute Chart I'm trying to get used to using a Windows Based Computer instead of my Mac Windows are a lot better for Trading but I find Preview on my Mac far better for Marking Up my Charts I'll have to learn to Adapt I guess {image}

GBP/USD M15 Structure

GBP/USD 1 Min Pullback and Entry

I'm trying to make my Charts Cleaner and Easier to Read

See what you think
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP_USD_20240128_11.53.png Size: 35 KB
Click to Enlarge Name: GBP_USD_20240128_12.11.png Size: 45 KB
  • #27
  • Jan 29, 2024 12:25am Jan 29, 2024 12:25am
Quoting stevepatt
{quote} GBP/USD M15 Structure GBP/USD 1 Min Pullback and Entry I'm trying to make my Charts Cleaner and Easier to Read See what you think {image} {image}

GBP/USD M15 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20240129_06.23.png Size: 36 KB
  • #28
  • Jan 29, 2024 10:15am Jan 29, 2024 10:15am
Quoting stevepatt
{quote} GBP/USD M15 Observations {image}

GBP/USD M15 and 1 Minute Observations
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 29th Jan 24 M15 Observations GBP_USD_20240129_16.08.png Size: 26 KB
Click to Enlarge Name: 29th Jan 24 M1 Observations GBP_USD_20240129_16.14.png Size: 35 KB
  • #29
  • Jan 29, 2024 10:49am Jan 29, 2024 10:49am
Quoting stevepatt
{quote} GBP/USD M15 and 1 Minute Observations {image} {image}
I like your new to draw your charts.
Perfection is the enemy of good enough!
  • #30
  • Jan 29, 2024 11:38am Jan 29, 2024 11:38am
Quoting stevepatt
{quote} GBP/USD M15 and 1 Minute Observations {image} {image}
GBP/USD M15 Observations

Break of Internal Structure Bearish to Bullish M15

Remember don't try to Fight with Price

I would go down to the 1 Minute Chart to watch for Price Action to Enter but it is getting too late in the Day to Trade

If Price reaches the Level I have Highlighted Watch how it Reacts!!
Attached Image (click to enlarge)
Click to Enlarge Name: 29th Jan 24 M15 Observations GBP_USD_20240129_17.35.png Size: 28 KB
  • #31
  • Jan 29, 2024 1:49pm Jan 29, 2024 1:49pm
Quoting stevepatt
{quote} GBP/USD M15 Observations Break of Internal Structure Bearish to Bullish M15 Remember don't try to Fight with Price I would go down to the 1 Minute Chart to watch for Price Action to Enter but it is getting too late in the Day to Trade If Price reaches the Level I have Highlighted Watch how it Reacts!! {image}

GBP/USD Follow Up

Well, Price did Return and we got the Bullish Reaction

When we Enter a Trade, like this, we have to Determine wether there is Enough Room for our Target to get Hit before the M15 Swing, we are in, comes to an End.

This is why I only Target +20 Pips from each Average 15 Minute Swing

Of course, if there is an Extended 15 Minute Swing I will, as long as there is a Setup, Enter more than one Trade Per swing

It is too late in the Day, for me, to be Entering Trades but I still like to Monitor Price
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20240129_19.34.png Size: 52 KB
  • #32
  • Jan 29, 2024 4:21pm Jan 29, 2024 4:21pm
Quoting stevepatt
{quote} GBP/USD Follow Up Well, Price did Return and we got the Bullish Reaction When we Enter a Trade, like this, we have to Determine wether there is Enough Room for our Target to get Hit before the M15 Swing, we are in, comes to an End. This is why I only Target +20 Pips from each Average 15 Minute Swing Of course, if there is an Extended 15 Minute Swing I will, as long as there is a Setup, Enter more than one Trade Per swing It is too late in the Day, for me, to be Entering Trades but I still like to Monitor Price {image}

GBP/USD Follow Up

Price Failing to make New Highs but not Breaking Structure to go Bearish

Price has been Running Bullish pretty Inefficiently
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20240129_22.18.png Size: 41 KB
  • #33
  • Jan 30, 2024 12:34am Jan 30, 2024 12:34am
Quoting stevepatt
{quote} GBP/USD Follow Up Price Failing to make New Highs but not Breaking Structure to go Bearish Price has been Running Bullish pretty Inefficiently {image}
GBP/USD Follow Up

Price has made a New High Overnight (UK) but is now Failing to make New Highs

Price, so far, has Failed to make a Break of Structure Bearish
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20240130_06.31.png Size: 35 KB
  • #34
  • Jan 30, 2024 1:22am Jan 30, 2024 1:22am
Quoting stevepatt
{quote} GBP/USD Follow Up Price has made a New High Overnight (UK) but is now Failing to make New Highs Price, so far, has Failed to make a Break of Structure Bearish {image}

GBP/USD Follow Up

Will Price be able to Return for a Test of the Origin of Price Run?
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20240130_07.10.png Size: 42 KB
  • #35
  • Jan 30, 2024 1:39am Jan 30, 2024 1:39am
Quoting stevepatt
{quote} GBP/USD Follow Up Will Price be able to Return for a Test of the Origin of Price Run? {image}
GBP/USD Short Trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20240130_07.38.png Size: 43 KB
  • #36
  • Jan 30, 2024 2:46am Jan 30, 2024 2:46am
Quoting stevepatt
{quote} GBP/USD Short Trade {image}

GBP/USD Short Trade Result BE+

Anybody can see this wasn't a good Entry

Price is Failing to Push Lower
  • #37
  • Jan 30, 2024 9:54am Jan 30, 2024 9:54am
Quoting stevepatt
{quote} GBP/USD Follow Up Price has made a New High Overnight (UK) but is now Failing to make New Highs Price, so far, has Failed to make a Break of Structure Bearish {image}
GBP/USD Follow Up

We can see today Bears have been in Control

Easy in Hindsight to have just Stayed with the Short Trade

I was about to go out when I decided to Exit the Short Trade @ BE+ as Price was Failing to make New Lows

If I wasn't having to go out I would have let the Trade Run

I have said many times this is often the Dilemma we face Exit a Trade to only see it go on and Hit our Target or Stay in a Trade only to see it Hit our Stop Loss
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD_20240130_15.44.png Size: 35 KB
  • #38
  • Jan 30, 2024 10:15am Jan 30, 2024 10:15am
Quoting stevepatt
{quote} GBP/USD Follow Up We can see today Bears have been in Control Easy in Hindsight to have just Stayed with the Short Trade I was about to go out when I decided to Exit the Short Trade @ BE+ as Price was Failing to make New Lows If I wasn't having to go out I would have let the Trade Run I have said many times this is often the Dilemma we face Exit a Trade to only see it go on and Hit our Target or Stay in a Trade only to see it Hit our Stop Loss {image}
GBP/USD Short Trade

EDIT: Added M15 Chart
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP_USD_20240130_16.14.png Size: 29 KB
Click to Enlarge Name: GBP_USD_20240130_16.18.png Size: 42 KB
  • #39
  • Jan 30, 2024 1:05pm Jan 30, 2024 1:05pm
Quoting stevepatt
{quote} GBP/USD Follow Up We can see today Bears have been in Control Easy in Hindsight to have just Stayed with the Short Trade I was about to go out when I decided to Exit the Short Trade @ BE+ as Price was Failing to make New Lows If I wasn't having to go out I would have let the Trade Run I have said many times this is often the Dilemma we face Exit a Trade to only see it go on and Hit our Target or Stay in a Trade only to see it Hit our Stop Loss {image}
Multiple entries and multiple(or single) exits can help? Adding to both losers and winners whenever I see price pull backs as long as price moves to intended direction in general. Accurate entry/exit is pretty much difficult to achieve especially when market becomes choppy.......
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #40
  • Feb 5, 2024 1:36am Feb 5, 2024 1:36am
GBP/USD Long Trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP_USD Mini_20240205_07.34.png Size: 30 KB
Click to Enlarge Name: GBP_USD Mini_20240205_07.34(1).png Size: 36 KB
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