Disliked2. Trade of the day AUDCHF Downside break of trendline, bearish break of structure (white line), color change, more volume, price coming down from 78% weekly pivot (Could go all the way down to weekly pivot at 0,59737 After a short retrace target was hit after 20 minutes. I did a 1:1,5 risk in this one. No moving of stop. {image} {image}Ignored
- #185
- Jul 3, 2024 12:17pm Jul 3, 2024 12:17pm
- Joined Jul 2012 | Status: Trader | 1,880 Posts
perfection {image} {image}
Inserted Video
- #190
- Jul 3, 2024 2:38pm Jul 3, 2024 2:38pm
- Joined Nov 2023 | Status: Trader | 1,398 Posts
{quote} @MachineLearn Was their any discretionary sign that would have disqualified the second (loss) EURUSD trade?
Can’t win them all
- #191
- Jul 3, 2024 2:44pm Jul 3, 2024 2:44pm
- Joined Nov 2023 | Status: Trader | 1,398 Posts
GC (Gold Futures) AM session: 4 winners (the last one "by the touch"). {image}
Afternoon Traders!
It's been a pretty solid day today 3/3 winners and I thought I would share the trades I took. I used the same principles that I wrote about yesterday. Just some more info to ad. I ONLY trade London open and 3 hours forward. So for me it's 09-12 in the morning, Sweden time.
Below are the trades with the descriptions in the pictures why I took those trades.
It's been a pretty solid day today 3/3 winners and I thought I would share the trades I took. I used the same principles that I wrote about yesterday. Just some more info to ad. I ONLY trade London open and 3 hours forward. So for me it's 09-12 in the morning, Sweden time.
Below are the trades with the descriptions in the pictures why I took those trades.
- #196
- Jul 4, 2024 9:06am Jul 4, 2024 9:06am
- Joined Nov 2023 | Status: Trader | 1,398 Posts
Afternoon Traders! It's been a pretty solid day today 3/3 winners and I thought I would share the trades I took. I used the same principles that I wrote about yesterday. Just some more info to ad. I ONLY trade London open and 3 hours forward. So for me it's 09-12 in the morning, Sweden time. Below are the trades with the descriptions in the pictures why I took those trades.
Beautiful trades. You’re a glowing example of applying trading experience and discretionary price action tools to this mechanically robust system. Maintain even-tempered, level headed, and consistent and you will be profitable
- #197
- Edited 10:22am Jul 4, 2024 9:51am | Edited 10:22am
- Joined Jul 2012 | Status: Trader | 1,880 Posts
Afternoon Traders! It's been a pretty solid day today 3/3 winners and I thought I would share the trades I took. I used the same principles that I wrote about yesterday. Just some more info to ad. I ONLY trade London open and 3 hours forward. So for me it's 09-12 in the morning, Sweden time. Below are the trades with the descriptions in the pictures why I took those trades.
I will post my 3 days Equity line, as you can see only 3 trades were a success, but proper MM is what brought a very nice profit so far.
P.S. MM is the subject that is not very "sexy", but If I had to place level of Importance on trading in general, here is the way I see it:
Proper Entry - 10%
Proper MM - 30%
MindFuck and proper Mindfulness(Fear/Greed/FOMO) = 60%
{quote} Yes, I agree, very good trades and techniques behind them...glad you combined few of the successful techniques into your rules. As you started posting here on everyday basis, I suggest to also post trades that did not work out and losses that occurred. That will help struggling traders understand that not everyday is a "rosy day" and proper MM is a must. Cheers and keep on going! I will post my 3 days Equity line, as you can see only 3 trades were a success, but proper MM is what brought a very nice profit so far. P.S. MM is the subject...
I post all of the trades I’ve been taken these two days and believe it or not it’s not suger coated in anyway I just had the luck to not run into any losses yet but I’m sure they Will come they always do
Then I Will of course post those to. In fact I was very close to take a trade today on AUDUSD That would have Been a loss but due to discression and That I did’nt like the price action I Stayed out of it even though the rules where met. That same discression kept me out of an other trade today though on DE40 that would’ve been a Win so I guess discression goes both ways I Will also start to post a screenshot from my ctrader of the trades so you guys can see that they’ve accually been taken on a live account. Regarding money management thats a thing I think I can improve cause right now on all FX pairs I trade 5 pip is 1% so lets say one trade TPs 5 pips and another TPs 2.5 pips I’ve only made 1.5% instead of 2% if I had every trade risking 1%. But I Feel I don’t Have the time to calculate the lots on every single Trade and thats why I have a static percentage. Do you guys come around that in som how and risk 1% on each trade or?
Sent this from my mobile so there might be some misspellings.
Happy trading!
Afternoon traders!
Today I had some opportunities I missed due to lack of focus so a bit pissed on my self not having that lazer focus I usually have but all days can't be top notch right. I also skipped some opportunities due to discretion and that saved me from 1 or 2 losses so at least thats a good take away that my ability to spot bad setups getting better and better.
However I got in one trade not an A+ setup and I thought the price action was a bit messy so closed it a bit early but could've hold it cause it eventually hit full TP but a win is a win and it's nice to end the day and the week in the green
Below is the trade and a screenshot that I took the trade. Damn commission eating away to much profit haha!
Happy trading and a happy weekend!
Today I had some opportunities I missed due to lack of focus so a bit pissed on my self not having that lazer focus I usually have but all days can't be top notch right. I also skipped some opportunities due to discretion and that saved me from 1 or 2 losses so at least thats a good take away that my ability to spot bad setups getting better and better.
However I got in one trade not an A+ setup and I thought the price action was a bit messy so closed it a bit early but could've hold it cause it eventually hit full TP but a win is a win and it's nice to end the day and the week in the green
Below is the trade and a screenshot that I took the trade. Damn commission eating away to much profit haha!
Happy trading and a happy weekend!
