Disliked{quote} Your trade entry looks to be in the Dead Zone! Correct entry on chart {image}Ignored
- #1,403
- Mar 23, 2024 7:59pm Mar 23, 2024 7:59pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Why this trade stoped{image}
BRN 66000 reaction
> anything can happen when you least expected
> learn to read your candles and the price action
> read the price swings ... swing high, swing low, swing high, ... label them as 1... , 2... , 3....,
> the market will set up traders for the slaughter when they look for trade setups...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Why this trade stoped
You cant make money without losing some.
It's a business expense.
Instead of asking yourself why you got stopped out, ask yourself whether you followed your Trading Plan or not.
If you did, good job. Next Trade will be a win (or maybe not)
If you didnt, then you should ask yourself why you didnt.
You can always make up reasons in hindsight why something didnt work, but the Market just has randomness to it (a lot).
We can control when to toss the coin, but we cant control the outcome.
Emmanuel seems to be one of those that give great advice when everything has happened already.
The subconscious mind is in control, not the conscious mind.
- #1,405
- Mar 24, 2024 2:02am Mar 24, 2024 2:02am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
Why this trade stoped
https://www.forexfactory.com/thread/...9#post14804539
ITB - Seeing Orderliness amongst 'Randomness'
- #1,406
- Mar 24, 2024 2:54am Mar 24, 2024 2:54am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #1,407
- Mar 24, 2024 3:22am Mar 24, 2024 3:22am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Sunday market Mar 24 > anything can happen ... ...
{image}
follow your trading rules ....
> BE your trade when price move to TP1 +1R level
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #1,408
- Mar 24, 2024 4:11am Mar 24, 2024 4:11am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} follow your trading rules .... > BE your trade when price move to TP1 +1R level {image} ...
{image}
- when price move to TP2 +2R level,
- you can lock +1R profit
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #1,411
- Mar 24, 2024 7:27am Mar 24, 2024 7:27am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} BTC Mar24 Trade Management - when price move to TP2 +2R level, - you can lock +1R profit {image}
... {image}
BTC Mar24 New York 8:30am
- +3R and still looking good ...
- 4Hr SnR just above current PA
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #1,412
- Mar 24, 2024 8:25am Mar 24, 2024 8:25am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #1,413
- Mar 24, 2024 5:38pm Mar 24, 2024 5:38pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} BTC Mar24 New York 8:30am - +3R and still looking good ... - 4Hr SnR just above current PA {image} ...
{image}
BTC Mar24 Update:
> that reaction at 4Hr SnR was rather strong and took out many stops
> depends on your Exit Strategy and How you manage your trade ...
+7R and still going
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #1,414
- Mar 24, 2024 6:45pm Mar 24, 2024 6:45pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} BTC Mar24 Update: > that reaction at 4Hr SnR was rather strong and took out many stops > depends on your Exit Strategy and How you manage your trade ... +7R and still going {image} ...
{image}
BTC Mar25 Asian session update
- significant 4H SnR levels
> 68200 is level to watch if we get a bearish reversal later ...
> otherwise stay on the buyers side ...
> this week is Month-End and long weekend holidays
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #1,415
- Mar 24, 2024 11:11pm Mar 24, 2024 11:11pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} BTC Mar25 Asian session update - significant 4H SnR levels > 68200 is level to watch if we get a bearish reversal later ... > otherwise stay on the buyers side ... > this week is Month-End and long weekend holidays {image} ... {image}
BTC Mar25
- M15 entry after the pull-back from the 4Hr SnR 67446
- set to BE now
H4
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #1,417
- Mar 25, 2024 3:26am Mar 25, 2024 3:26am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #1,419
- Mar 25, 2024 5:37am Mar 25, 2024 5:37am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'