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D1 Elasticity Pullback Trading

  • #801
  • Mar 4, 2024 8:32am Mar 4, 2024 8:32am
Quoting DocAtFx
If you guys can push it up to 2100, drinks are on me
adding more 0.01 lots for the free drinks I'll get us there don't worry
  • #802
  • Mar 4, 2024 8:43am Mar 4, 2024 8:43am
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Fear is the mind-killer.
  • #803
  • Mar 4, 2024 8:44am Mar 4, 2024 8:44am
Quoting MrJoker
{image}
nice catch. I was looking for a bounce down here
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  • #804
  • Mar 4, 2024 9:08am Mar 4, 2024 9:08am
Quoting ghbdr
I've been trading Forex for 5 years. 2 years of blowing accounts like every newbie and the last 3 using my own system based on fractals, stoch elasticity hunting pullbacks on trend on D1 charts. Now I make a living out of it with a nice income and 50% growth monthly on average. Pictures talk by itselfs. For elasticity check this threads. Huge thanks to Spudfyre and boxingslife for their contribution and inspiration. Stoch elasticity is the core of my trading approach. Template and indicators needed: {file} {file} {file} Elasticity: https://www.forexfactory.com/showthread.php?t=13321...
The template is not updated to your las post chart set up
whar are the new updated entry rule?
  • #805
  • Mar 4, 2024 9:16am Mar 4, 2024 9:16am
Why do I think that on days like today it's worth milking as much as you can? Apart from the obvious potential for a large profit, it also provides security - after today, I have to make mistake about 34 times in a row with 20p SL rounds to break even. It's quite difficult to get wrong 34 times in a row. Of course, if I don't do anything stupid like leaving positions in loss for longer than 20p SL or a very unfortunate news day.
There are always two sides to a coin and today could have ended badly too... but after some time and experience, you can say with some certainty that this is one of those days.
PS: I'm not encouraging anyone to do what I do, I'm just sharing my thoughts.
Fear is the mind-killer.
  • #806
  • Mar 4, 2024 9:21am Mar 4, 2024 9:21am
Quoting MrJoker
Why do I think that on days like today it's worth milking as much as you can? Apart from the obvious potential for a large profit, it also provides security - after today, I have to make mistake about 34 times in a row with 20p SL rounds to break even. It's quite difficult to get wrong 34 times in a row. Of course, if I don't do anything stupid like leaving positions in loss for longer than 20p SL or a very unfortunate news day. There are always two sides to a coin and today could have ended badly too... but after some time and experience,...
and most of today's profit was from 11.2 rounds? or did you give a good portion of them bigger targets because of the movement?
  • #807
  • Mar 4, 2024 9:23am Mar 4, 2024 9:23am
Quoting mrPB
{quote} and most of today's profit was from 11.2 rounds? or did you give a good portion of them bigger targets because of the movement?
No, it would be rather impossible, there were many rounds with higher TP - 30,40p, the number of positions was also larger than usual in the last rounds after the NY open.
Fear is the mind-killer.
  • #808
  • Mar 4, 2024 9:42am Mar 4, 2024 9:42am
Big fuckin day. I should remove mt4 app from mobile you know
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Trade what you see
  • #809
  • Mar 4, 2024 9:52am Mar 4, 2024 9:52am
Approaching 1M profits today. As Joker said, one of those days
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Trade what you see
  • #810
  • Mar 4, 2024 9:56am Mar 4, 2024 9:56am
I can see the Moon Up there
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Trade what you see
  • #811
  • Mar 4, 2024 10:13am Mar 4, 2024 10:13am
you guys have a point
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  • #812
  • Mar 4, 2024 10:15am Mar 4, 2024 10:15am
Moon reached. I started to take profits
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Trade what you see
  • #813
  • Mar 4, 2024 10:20am Mar 4, 2024 10:20am
Quoting ghbdr
Moon reached. I started to take profits {image}
stochs looking a little bullish to me
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  • #814
  • Mar 4, 2024 10:26am Mar 4, 2024 10:26am
Gumps closed, tomorrow we will all probably feel like we are trading BTC turtle.
Fear is the mind-killer.
  • #815
  • Mar 4, 2024 10:29am Mar 4, 2024 10:29am
Quoting MrJoker
Gumps closed, tomorrow we will all probably feel like we are trading BTC turtle.
for sure all of these 1m candles are 20-30 pips. if we get to ATH today or tomorrow this whole week will be crazy I think
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  • #816
  • Mar 4, 2024 11:13am Mar 4, 2024 11:13am
Quoting Puntacana
{quote}The template is not updated to your las post chart set up whar are the new updated entry rule?
You need to read spudfyre threads to learn mtf stochs. Links are on first post
Trade what you see
  • #817
  • Mar 4, 2024 2:11pm Mar 4, 2024 2:11pm
Quoting ghbdr
Moon reached. I started to take profits {image}
u r crazy man u know
Fake it till you make it
  • #818
  • Mar 4, 2024 3:00pm Mar 4, 2024 3:00pm
what about the news

did u care about it in this sytem??
Fake it till you make it
  • #819
  • Mar 4, 2024 3:01pm Mar 4, 2024 3:01pm
Quoting MrJoker
{image}
why u taking just this little sl ??
Fake it till you make it
  • #820
  • Mar 4, 2024 3:47pm Mar 4, 2024 3:47pm
Quoting Miloncef
{quote} why u taking just this little sl ??
To secure my position in a small profit and let it grow. BE+1.
Fear is the mind-killer.
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