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Break Through Trading

  • #181
  • Oct 29, 2024 1:52pm Oct 29, 2024 1:52pm
Quoting stevepatt
{quote} Gold Second Short BE+ Gold Long Price doesn't always have to Mitigate a Zone to continue Higher {image}
Gold Long Trade Result +1.7R

It's far easier to see and change Trade Bias using the Lower Time Frames
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241029_18.40.png Size: 30 KB
  • #182
  • Oct 29, 2024 2:16pm Oct 29, 2024 2:16pm
Quoting stevepatt
{quote} Gold Long Trade Result +1.7R It's far easier to see and change Trade Bias using the Lower Time Frames {image}

Gold Observations

Price keeps on Pumping Higher leaving a lot of Price Ineffiencies in it's Wake
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241029_19.10.png Size: 30 KB
  • #183
  • Oct 30, 2024 1:05am Oct 30, 2024 1:05am
Gold Observations

The Faster Price moves into a Zone of Interest the better
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241030_06.02.png Size: 25 KB
  • #184
  • Oct 30, 2024 2:06am Oct 30, 2024 2:06am
Quoting stevepatt
Gold Observations The Faster Price moves into a Zone of Interest the better {image}
Gold Long

Am I just jumping onto the Band Wagon?
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241030_06.57.png Size: 18 KB
  • #185
  • Oct 30, 2024 2:39am Oct 30, 2024 2:39am
Quoting stevepatt
{quote} Gold Long Am I just jumping onto the Band Wagon? {image}
Gold Long Trade Result (-1R)

You can see the issues with jumping on the Band Wagon

Gold Observations
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241030_07.33.png Size: 26 KB
  • #186
  • Oct 30, 2024 10:27am Oct 30, 2024 10:27am
Quoting stevepatt
{quote} Gold Long Trade Result (-1R) You can see the issues with jumping on the Band Wagon Gold Observations {image}
Gold Observations

I would like to see Price Return to a Zone of Interest with Speed because that leaves Inefficient Price in it's wake
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Spot Gold_20241030_15.17.png Size: 43 KB
Click to Enlarge Name: Spot Gold_20241030_15.29.png Size: 21 KB
  • #187
  • Oct 30, 2024 10:48am Oct 30, 2024 10:48am
Quoting stevepatt
{quote} Gold Observations I would like to see Price Return to a Zone of Interest with Speed because that leaves Inefficient Price in it's wake {image} {image}
Gold Short Trade
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241030_15.44.png Size: 28 KB
  • #188
  • Oct 31, 2024 2:30am Oct 31, 2024 2:30am
Gold Observations
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241031_07.13.png Size: 40 KB
  • #189
  • Oct 31, 2024 2:34am Oct 31, 2024 2:34am
Quoting stevepatt
{quote} Gold Short Trade {image}

Gold Short Trade Result (-1R)

We have to be Prepared for Losing Trades and apply appropriate Trade Management
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241031_07.24.png Size: 29 KB
  • #190
  • Oct 31, 2024 10:41am Oct 31, 2024 10:41am
Quoting stevepatt
Gold Observations {image}
Gold Observations

I would Trade this Entry Model all Day Long

I know Price has kept falling today but how often does Price move this way?
Attached Image(s) (click to enlarge)
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  • #191
  • Oct 31, 2024 11:17am Oct 31, 2024 11:17am
... took me some time to get in the fractal nature of the market ... we talk about some time ago about my entry model ... it can only be done with suitable money management for picked entry model.
Perfection is the enemy of good enough!
  • #192
  • Oct 31, 2024 11:32am Oct 31, 2024 11:32am
Quoting stevepatt
{quote} Gold Observations I would Trade this Entry Model all Day Long I know Price has kept falling today but how often does Price move this way? {image} {image} {image}
Gold Observations

Same Zone from an M15 Perspective
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241031_16.26.png Size: 17 KB
  • #193
  • Oct 31, 2024 11:39am Oct 31, 2024 11:39am
Quoting MichaelSch
... took me some time to get in the fractal nature of the market ... we talk about some time ago about my entry model ... it can only be done with suitable money management for picked entry model.
Hi Michael,

This is why everyone needs to keep a Trade Journal so they have Details of their Trade Expectancy and know what to Expect from their Entry Model

I can't say I have Exact Details and as a result air on the side of caution to keep myself in the Game
  • #194
  • Oct 31, 2024 1:38pm Oct 31, 2024 1:38pm
Quoting stevepatt
{quote} Gold Observations Same Zone from an M15 Perspective {image}
Gold Observations
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241031_18.28.png Size: 36 KB
  • #195
  • Nov 1, 2024 2:02am Nov 1, 2024 2:02am
Gold Short Trade
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241101_06.56.png Size: 29 KB
  • #196
  • Nov 1, 2024 2:33am Nov 1, 2024 2:33am
Quoting stevepatt
Gold Short Trade {image}

Gold Observations

I want to keep seeing what I need to see for Price to continue Falling

Sounds Bleeding Obvious but how many times do I ignore what I need Price to do and HOPE
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241101_07.25.png Size: 34 KB
  • #197
  • Nov 1, 2024 7:43am Nov 1, 2024 7:43am
Gold Observations
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241101_12.37.png Size: 36 KB
  • #198
  • Nov 1, 2024 7:53am Nov 1, 2024 7:53am
Quoting stevepatt
Gold Observations {image}
Gold Observations

I love Watching Price do its Thing, but there again I guess I must be the odd one out
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241101_12.50.png Size: 19 KB
  • #199
  • Nov 1, 2024 8:57am Nov 1, 2024 8:57am
Quoting stevepatt
{quote} Gold Observations I love Watching Price do its Thing, but there again I guess I must be the odd one out {image}
Gold Short Trade
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241101_13.48.png Size: 29 KB
  • #200
  • Nov 1, 2024 9:30am Nov 1, 2024 9:30am
Quoting stevepatt
{quote} Gold Short Trade {image}
Gold Short Trade Result +1R
Attached Image (click to enlarge)
Click to Enlarge Name: Spot Gold_20241101_14.24.png Size: 41 KB
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