Disliked{quote} Hi Traders, It looks like we have a few interested. I will do my best to post charts and answer questions. Talk soonIgnored
Thank you for your time
rgds
- #587
- Jan 31, 2024 4:02pm Jan 31, 2024 4:02pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Your trade order needs to be in the right place at the right time.
- #588
- Jan 31, 2024 5:37pm Jan 31, 2024 5:37pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Hi Traders,
This trade was picked up by my student in the UK. Well Done A
EU Long During Euro Session.
A 123 Trend change.
7.5R Target reached.
This trade was picked up by my student in the UK. Well Done A
EU Long During Euro Session.
A 123 Trend change.
7.5R Target reached.
Your trade order needs to be in the right place at the right time.
- #589
- Jan 31, 2024 6:07pm Jan 31, 2024 6:07pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Hi Traders,
EA printed a 123 TC Pattern at 11.30 which gave a valid Buy, however this would have been a stop out.
The next candle gave a better rejection candle still within the 123 TC Pattern. It was out of my 1.5hrs but seeing the setup still valid it is good to go in again.
Trade 2 was successful for 7.5R
You just have to hit these trades again when they look this good.
EA printed a 123 TC Pattern at 11.30 which gave a valid Buy, however this would have been a stop out.
The next candle gave a better rejection candle still within the 123 TC Pattern. It was out of my 1.5hrs but seeing the setup still valid it is good to go in again.
Trade 2 was successful for 7.5R
You just have to hit these trades again when they look this good.
Your trade order needs to be in the right place at the right time.
- #590
- Jan 31, 2024 6:46pm Jan 31, 2024 6:46pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} Thought I'd give it a go myself and see if any of mine happens to be one of the examples, however it'll probably have some mistakes so I hope some of them might be mistakes/doubts other may have adopting the system as well and in turn we can all benefit from learning from bad examples or potentially good ones after correcting for mistakes if any. I identified 3 potential trades but do note that they have yet to fully play out, so I'm approaching them in more of a "in the moment" snapshot without the benefit of hindsight. These trades are...
First of all, well done for giving it a go and supplying detailed charts.
I only have time to answer Gold question at this stage as busy.
Timing was acceptable to enter trade, 17.00 closing candle is within the 1.5hrs. [16.30 to 18.00]
You could have supported you view to short with 4hr Resistance and market had traded well past the ADR.
Also remember, Pro's push markets up before market opens so they can short them.
These chart should help.
Well Done.
I will get to other questions if I have time.
Your trade order needs to be in the right place at the right time.
- #591
- Jan 31, 2024 6:53pm Jan 31, 2024 6:53pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
EUR/USD {image}
I have uploaded EU chart for you to compare the first entry. You were a bit early but all good.
US session trade was good. Well Done
Keep at it and post more charts when you can.
Your trade order needs to be in the right place at the right time.
- #592
- Jan 31, 2024 6:54pm Jan 31, 2024 6:54pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Your trade order needs to be in the right place at the right time.
- #593
- Jan 31, 2024 8:56pm Jan 31, 2024 8:56pm
{quote} Robove obchodné časy sú: 03:00 až 4:30 Ázijská relácia ============== GMT LONDÝN ČAS: 01:00 až 02:30 ======= Páry na obchodovanie: AU EA GA UJ AJ XAUUSD 10:00 až 11:30 Euro Session ============== GMT LONDÝN ČAS: 08:00 až 09:30 ======= Páry na obchodovanie: EÚ GU AU UJ EJ GJ EG UC GER40 XAUUSD 15:30 až 17:00 Session v USA ============== GMT LONDÝN ČAS: 13:30 až 15:00 ======== Páry na obchodovanie: EÚ GU AU UJ EJ GJ EG UC GER40 XAUUSD
- #594
- Jan 31, 2024 10:54pm Jan 31, 2024 10:54pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
{quote} hello. what are the best times to watch? 15M, 30M and 1H
Your trade order needs to be in the right place at the right time.
- #595
- Feb 1, 2024 2:16am Feb 1, 2024 2:16am
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Hi Traders,
During the Asian session there was a short setup on AU as per chart.
Something I want to point out is the stop size. The setup candle would need a SL of 8Pts of which is too high. You have to enter these trades with a limit order. My SL for AU is never greater than 4Pts.
During the Asian session there was a short setup on AU as per chart.
Something I want to point out is the stop size. The setup candle would need a SL of 8Pts of which is too high. You have to enter these trades with a limit order. My SL for AU is never greater than 4Pts.
Your trade order needs to be in the right place at the right time.
- #598
- Feb 1, 2024 5:15am Feb 1, 2024 5:15am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
good morning. spotted following trade at london open.{image} took it after M5 rejection from the zone. you like to look at rejections from lower times too or you mainly use M30?
> wait for a H4 rejection candle with long lower wick near a Daily SnR or a Weekly SnR .
> on M5, you will see a swing low reversal
> market suffers from post-FOMC 'blues'
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
