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Day trade setup

  • #1,381
  • Aug 2, 2024 12:10pm Aug 2, 2024 12:10pm
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MA provides the market's current direction and strength.
  • #1,382
  • Aug 2, 2024 12:30pm Aug 2, 2024 12:30pm
Quoting hasib
{quote} here is an example of a False break. price tries to break the 199.14 level the previous high but fails. {image}
Thanks for the explanation
  • #1,383
  • Aug 8, 2024 9:52am Aug 8, 2024 9:52am
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MA provides the market's current direction and strength.
  • #1,384
  • Aug 12, 2024 8:23am Aug 12, 2024 8:23am
Thank you Hasib, you taught me. Take care of yourself.
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  • #1,385
  • Aug 13, 2024 2:40am Aug 13, 2024 2:40am
NZDCAD H1 break -out
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  • #1,386
  • Aug 13, 2024 9:15am Aug 13, 2024 9:15am
NZDCAD HIT TP
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  • #1,387
  • Aug 15, 2024 5:52am Aug 15, 2024 5:52am
Some helping tools you could use
Attached File(s)
File Type: zip [fxssi.com]_AutoTrendChannels_v1.07.zip   96 KB | 244 downloads
File Type: zip [fxssi.com]_MTF.HighLow_v1.08.zip   74 KB | 234 downloads
File Type: zip [fxssi.com]_PivotPoints-All.in.one_v1.08.zip   82 KB | 237 downloads
File Type: zip [fxssi.com]_ShowTrades_v1.07.zip   86 KB | 239 downloads
File Type: zip [fxssi.com]_Support_and_Resistance_v1.07.zip   81 KB | 244 downloads
File Type: ex4 Recent Candles.ex4   47 KB | 246 downloads
MA provides the market's current direction and strength.
  • #1,388
  • Edited 7:35am Aug 15, 2024 6:41am | Edited 7:35am
Post again in the right thread

@hasib and @pusztafie - let's go guys!!

Also have GU longs on, targeting the previous daily high.

If the high is not taken before news today then news should weaken USD.
If high gets taken then could be a pullback before further weakening of USD.

Update - GU didn't go as expected and got stopped out. Was surprising but this is trading!
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  • #1,389
  • Aug 15, 2024 9:35am Aug 15, 2024 9:35am
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MA provides the market's current direction and strength.
  • #1,390
  • Aug 15, 2024 9:46am Aug 15, 2024 9:46am
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MA provides the market's current direction and strength.
  • #1,391
  • Aug 15, 2024 9:52am Aug 15, 2024 9:52am
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MA provides the market's current direction and strength.
  • #1,392
  • Aug 15, 2024 10:24am Aug 15, 2024 10:24am
GBPUSD M30 Bollinger band strategy
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  • #1,393
  • Aug 15, 2024 2:04pm Aug 15, 2024 2:04pm
Quoting pusztafie
GBPUSD M30 Bollinger band strategy {image}
GREAT trade, I got in too early on this occasion as I just didn't see the chance of this scenario very high.

I couldn't follow after news but should have re-entered. You took the perfect entry IMO. Nice trade!
  • #1,394
  • Aug 15, 2024 2:10pm Aug 15, 2024 2:10pm
[quote=TheHusla;14965397]{quote} NAGY üzlet, túl korán szálltam be ebből az alkalomból. Nem tudtam követni a híreket, de újra be kellett volna lépnem. Tökéletes belépés az IMO-ba. Szép üzlet
Thank you very much! I'm slowly but surely improving.
What is "IMO", what does it mean?
  • #1,395
  • Aug 15, 2024 2:19pm Aug 15, 2024 2:19pm
[quote=pusztafie;14965400]
Quoting TheHusla
{quote} NAGY üzlet, túl korán szálltam be ebből az alkalomból. Nem tudtam követni a híreket, de újra be kellett volna lépnem. Tökéletes belépés az IMO-ba. Szép üzlet Thank you very much! I'm slowly but surely improving. What is "IMO", what does it mean?
IMO = In my opinion
  • #1,396
  • Aug 16, 2024 7:06am Aug 16, 2024 7:06am
Position now at breakeven because it has come to a H4 ignored demand. The inefficient move down ignored demand which could cause a pullback so it's at B/E.

For anyone posting here if we all focus on HTF bias then we can see how everyone views the HTF and what bias is used for which trade and learn together.

If people can give a quick explanation of what they see on HTF then that would be beneficial to all!

More eyes on the market the better and we can all learn from each other. It's not so much about being right and wrong but just seeing what HTF things people look for. The more that post the better.

My entry is always a touch to a zone as you can see but entry can be anything, it doesn't really matter but HTF bias is key.
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  • #1,397
  • Edited 12:51pm Aug 16, 2024 7:20am | Edited 12:51pm
NZDCAD H1
Update: TP hit
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  • #1,398
  • Aug 16, 2024 7:33am Aug 16, 2024 7:33am
Quoting pusztafie
NZDCAD H1 {image}
Good luck! I was looking at this but mainly look at H1 and didn't see an entry!
  • #1,399
  • Aug 16, 2024 8:44am Aug 16, 2024 8:44am
Quoting TheHusla
Position now at breakeven because it has come to a H4 ignored demand. The inefficient move down ignored demand which could cause a pullback so it's at B/E. For anyone posting here if we all focus on HTF bias then we can see how everyone views the HTF and what bias is used for which trade and learn together. If people can give a quick explanation of what they see on HTF then that would be beneficial to all! More eyes on the market the better and we can all learn from each other. It's not so much about being right and wrong but just seeing what HTF...
SL just about survived
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  • #1,400
  • Edited Aug 17, 2024 2:44am Aug 16, 2024 9:15am | Edited Aug 17, 2024 2:44am
EC Running


Update - TP hit.

Daily leaving a wick so maybe not bearish but setting up for shorts. Key thing was rejecting the daily wick.
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