Today is Friday,
EU Nov08
- H4 price action
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EU Nov08
- H4 price action
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,082
- Nov 7, 2024 6:42pm Nov 7, 2024 6:42pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
AJ Nov 08
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,083
- Nov 7, 2024 6:43pm Nov 7, 2024 6:43pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
XAU Nov08
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,086
- Nov 8, 2024 3:16am Nov 8, 2024 3:16am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
AJ Nov 08 {image} ...
Good to close at BRN 101.00 before New York open.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,087
- Nov 8, 2024 3:21am Nov 8, 2024 3:21am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Today is Friday, EU Nov08 - H4 price action {image} ...
Closing before New York open... Rule #16
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,088
- Nov 8, 2024 3:23am Nov 8, 2024 3:23am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
XAU Nov08 {image} ...
Closing before New York open ... Rule#16
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,089
- Nov 8, 2024 4:03am Nov 8, 2024 4:03am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Nov 07 was not an easy day just after the US elections results, nevertheless still manage my daily average by picking trades carefully. {image}
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Closing today' intraday trades and this week ,
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,093
- Nov 8, 2024 11:52am Nov 8, 2024 11:52am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Anyone trade from 6 hours chart? I found it less stressful. Took short on Eur/USD 0,5% risk {image}
on your 6Hr chart the setup was a DIB and the sell entry was 2 candles ago.
the 5-Method works in all timeframes...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,095
- Nov 8, 2024 6:28pm Nov 8, 2024 6:28pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote}Taken the trade out as its Friday evening and got just over 4R nice way to end the week {image}
I don't see a 4R trade. Looking at the price action and your entry and exit, that trade was only +2Rish
Looking at the last swing high on your chart, your stop loss would be above the last swing high ... that's 26pips SL and there was no True REVERSAL at that entry candle according to Big E' post #261.
If you had really traded with Risk to Reward 1 to 4,
you would be rich after 630 trades and you only need to trade once-a-day.
but the when I look at your chart with all the stuff added on it, I know the reasons why you have not been profitable the last 5+years.
Big E was right when he picked "Trading Made Simple" as this thread' title from all the proposals made in his old thread.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,096
- Nov 8, 2024 6:36pm Nov 8, 2024 6:36pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
GBPAUD Buy 50pips {image} AUDCHF Sell 11pips {image}
@shertiger
both winning trades are good.
to be a successful trader you need to have consistency over a time period and a series of trades.
setting SMART
targets in your trading business is key. ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,097
- Nov 8, 2024 8:26pm Nov 8, 2024 8:26pm
{quote} @shertiger both winning trades are good. to be a successful trader you need to have consistency over a time period and a series of trades. setting SMART
- #149,099
- Nov 8, 2024 11:01pm Nov 8, 2024 11:01pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote}My stop was just above the previous black candle, 13 pips and the take profit was around 53.5pips so roughly 4R.
@lyncc
You took that sell in sideways market conditions if you had followed post #261 and post #647 there would not be any trade.
Looking at the price action, your sell entry into recent swing high/swing low.
You only posted that when it turned out to be profitable trade.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
{quote} @lyncc You took that sell in sideways market conditions if you had followed post #261 and post #647 there would not be any trade. Looking at the price action, your sell entry into recent swing high/swing low. You only posted that when it turned out to be profitable trade. {image} ...
Now, why don't you get on with your own trading and save your advice for people that ask you for it.