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  • #2,221
  • Oct 2, 2024 10:30pm Oct 2, 2024 10:30pm
In my opinion, this two entries must be AAA Grade.
Both ended with BE. So be it, this is the System and let's face it.
FYI
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-10-03 094231.png Size: 13 KB
Rhythm & Discipline
  • #2,222
  • Oct 3, 2024 12:22am Oct 3, 2024 12:22am
DE40 Oct03

- started a bearish day

- wait for Frankfurt Open

- try catching a day trading correction

Attached Image (click to enlarge)
Click to Enlarge Name: DE40 start bearish Day 3-10-2024 1-19-05 pm.png Size: 25 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,223
  • Oct 3, 2024 1:28am Oct 3, 2024 1:28am
Quoting emmanuel7788
{quote} UK100 Oct02 M30 - a possibility {image} ...

UK100 Oct03 Daily

- looks obvious where it will be heading

- the challenge would be getting an entry with small SL and R:R 1:5


Attached Image (click to enlarge)
Click to Enlarge Name: UK100 Oct03 Daily 8318 SnR 3-10-2024 2-27-36 pm.png Size: 23 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,224
  • Oct 3, 2024 3:48am Oct 3, 2024 3:48am
Hello everyone, I would like to share my observation of trading on GU today. I tried to find the entry to m15, but it was much clearer to enter m5. I just started following this thread, so comments are welcome. Thank you all for your contributions.
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  • #2,225
  • Oct 3, 2024 4:02am Oct 3, 2024 4:02am
AU
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No one cares about your efforts, only the results
  • #2,226
  • Oct 3, 2024 5:36am Oct 3, 2024 5:36am
Quoting Garrus
Hello everyone, I would like to share my observation of trading on GU today. I tried to find the entry to m15, but it was much clearer to enter m5. I just started following this thread, so comments are welcome. Thank you all for your contributions. {image}
Good, I missed it coz ADR value reached 120% when London session opening and expecting to pull back.
Cheer ..
Rhythm & Discipline
  • #2,227
  • Edited 5:22pm Oct 3, 2024 6:31am | Edited 5:22pm
Attached Image (click to enlarge)
Click to Enlarge Name: AU 03 10 2024 30m Short.png Size: 23 KB

7.5R Target Reached
Your trade order needs to be in the right place at the right time.
  • #2,228
  • Edited 10:09am Oct 3, 2024 9:12am | Edited 10:09am
GU - NY session - Long
SL hit
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  • #2,229
  • Oct 3, 2024 9:57am Oct 3, 2024 9:57am
maybe this one will work...
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  • #2,230
  • Oct 3, 2024 5:32pm Oct 3, 2024 5:32pm
Hi Traders,
Just a quick note.
When you are looking for trades, you must always be aware of the daily range. If the market has moved a big % of the daily range it is unlikely that you will get a trade in the same direction that will reach a 7.5R target. You are better off getting a reversal setup at the market open and trading back into the daily move.


Hope this makes sense, it will save you some $ by following this simple rule.
Your trade order needs to be in the right place at the right time.
  • #2,231
  • Oct 4, 2024 1:40am Oct 4, 2024 1:40am
Quoting Islandfx911
Hi Traders, Just a quick note. When you are looking for trades, you must always be aware of the daily range. If the market has moved a big % of the daily range it is unlikely that you will get a trade in the same direction that will reach a 7.5R target. You are better off getting a reversal setup at the market open and trading back into the daily move. Hope this makes sense, it will save you some $ by following this simple rule.


What do you use for ADR?
- 5 days ADR
- 10 days ADR
- 30 days ADR


I have been using a conservative 100-days ADR for all my trading.


AJ Oct 04 M30

- screenshot taken at Tokyo open today

- IF the high of today has been set, then we shall see how far the swing will go


Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct04 M30 ADR High-Low 4-10-2024 9-29-13 am.png Size: 26 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,232
  • Oct 4, 2024 1:57am Oct 4, 2024 1:57am
Quoting emmanuel7788
DE40 Oct03 - started a bearish day - wait for Frankfurt Open - try catching a day trading correction {image} ...

DE40 Oct04

- Daily broken last SnR

- today I look for LTF 're-test' of Daily SnR and a possible move lower

Attached Image (click to enlarge)
Click to Enlarge Name: DE40 Oct 04 Daily 4-10-2024 2-53-13 pm.png Size: 25 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,233
  • Oct 4, 2024 8:30am Oct 4, 2024 8:30am
Quoting Islandfx911
Hi Traders, Just a quick note. When you are looking for trades, you must always be aware of the daily range. If the market has moved a big % of the daily range it is unlikely that you will get a trade in the same direction that will reach a 7.5R target. You are better off getting a reversal setup at the market open and trading back into the daily move. Hope this makes sense, it will save you some $ by following this simple rule.
Makes perfect sense, thank you for sharing, have a great weekend.
  • #2,234
  • Oct 4, 2024 8:33pm Oct 4, 2024 8:33pm
Quoting emmanuel7788
{quote} What do you use for ADR? - 5 days ADR - 10 days ADR - 30 days ADR I have been using a conservative 100-days ADR for all my trading. AJ Oct 04 M30 - screenshot taken at Tokyo open today - IF the high of today has been set, then we shall see how far the swing will go {image}

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct04 M30 ADR High-Low 4-10-2024 9-29-13 am.png Size: 26 KB



...

AJ Oct04 UPDATE:

- the first swing low of the day happened before NFO release

- the ADR High-Low marker updates with this new low of the day

- the new target for buy is the ADR High based on the ADR-100days

- did anyone spotted the rejection candle at BRN100.00

Attached Image (click to enlarge)
Click to Enlarge Name: Aj Oct04 M30 NFP ADR 5-10-2024 9-24-00 am.png Size: 25 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,235
  • Oct 7, 2024 2:42am Oct 7, 2024 2:42am
GU-London Session
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-10-07 141017.png Size: 13 KB
Rhythm & Discipline
  • #2,236
  • Edited Oct 8, 2024 2:06am Oct 7, 2024 4:01am | Edited Oct 8, 2024 2:06am
Aiming for +7. Trade is at BE
Update: got out for +5R. The support became too strong.
Attached Image (click to enlarge)
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  • #2,237
  • Edited 7:00am Oct 7, 2024 4:10am | Edited 7:00am
Trade is at BE, aiming for +5.
Update: BE hit
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Click to Enlarge Name: screenshot.png Size: 11 KB
  • #2,238
  • Oct 7, 2024 6:08am Oct 7, 2024 6:08am
Usdjpy
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Persian Gulf forever
  • #2,239
  • Oct 7, 2024 6:26am Oct 7, 2024 6:26am
Quoting parsfx
Usdjpy {image}
"Looks" like a good set up, thanks for the heads up.
  • #2,240
  • Oct 7, 2024 8:28am Oct 7, 2024 8:28am
The consequences of my late lunch. Came back after the NY open, saw a great opportunity, but my sell limit didn't activate. Potential +5R
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