{quote} Hey chimp, sit back and observe how to trade
Stay Under my dealer's RADAR
- #59,482
- Jan 12, 2025 4:22pm Jan 12, 2025 4:22pm
- Joined Jun 2024 | Status: Trader | 1,090 Posts
{quote} _______________ oweeeeeeeeeeeeeeeeeeeeeeee
Soy el Patron
- #59,483
- Jan 12, 2025 4:35pm Jan 12, 2025 4:35pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
More time in the market, does not mean you trade better!
- #59,487
- Jan 12, 2025 6:42pm Jan 12, 2025 6:42pm
im on break even maybe till Monday{image}
On Friday night, just before the market closed, I spotted an attractive setup and entered the trade.
I have to admit, it had been a busy day, and I completely forgot about the Friday and Saturday market closure.
Initially, I managed to move my stop to break even, but my plan was to shift it back to the original stop once the market reopened.
Unfortunately, I was asleep when the market touched my entry again before heading straight to my target.
It was a missed opportunity, but a lesson learned!
- #59,488
- Jan 12, 2025 7:13pm Jan 12, 2025 7:13pm
- Joined Jun 2013 | Status: enjoying life | 23,933 Posts
- #59,489
- Edited 7:59pm Jan 12, 2025 7:26pm | Edited 7:59pm
- Joined Mar 2008 | Status: Name real with real own way | 23,418 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #59,492
- Jan 12, 2025 8:41pm Jan 12, 2025 8:41pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
A story of balls
and a Puss
and a Puss More time in the market, does not mean you trade better!
- #59,494
- Jan 12, 2025 9:03pm Jan 12, 2025 9:03pm
- Joined Jun 2013 | Status: enjoying life | 23,933 Posts
- #59,496
- Jan 12, 2025 9:16pm Jan 12, 2025 9:16pm
- Temporarily Suspended | Joined Jul 2021 | 3,677 Posts
A story of balls
The setup rn is intact H1 and H4 upward structure. Therefore the trade is an Order Flow shift (OFS) trade.
An OFS becomes validate only when the market reach and absorbed external range liquidity, while it retraces, many will tend to trade the Order Flow Re-alignment (OFRA) at the absorbed External range liquidity zone (also known are premium area of a swing), the probable result is either they stuck on the wrong side, miss the right side or be on the right side, the market goes in their way, but reward is limited, and only to find out the market are reversing later.
to be conitnud..
More time in the market, does not mean you trade better!
I’ve identified a new 1:2 buy setup on the 5-minute timeframe. Looking forward to seeing how this plays out—happy to hear your thoughts! (if the price touches 2691 before activating it, I’ll cancel the setup) {image}
as price has just touch 2690.95 and reversed at minute 06 of last hour I suppose you have canceled the setup (I see you have canceled). Very high precision of your analysis when reading 2691 as target.
Although your setup could work, I would not get it because I think we are on a bearish market, on a higher time frame very important supply zone, and I currently read bearish clues, so having a strong bear bias I would be cautious about bull setups. That's not to say that price couldn't go testing 2700/2720 before move down.
Also, I would prefer to look for setups with higher reward.
- #59,499
- Edited 10:40pm Jan 12, 2025 10:18pm | Edited 10:40pm
- Joined Nov 2024 | Status: Trader | 5,525 Posts
- #59,500
- Jan 12, 2025 10:22pm Jan 12, 2025 10:22pm
- Joined Jun 2013 | Status: enjoying life | 23,933 Posts